Eliem Therapeutics Inc
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 14, 2024
CLYM$11.74+6.6%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Operating expenses: | ||||
| Acquired in-process research and development, related party | $51,659 | $— | $51,659 | $— |
| Research and development | 1,046 | 3,688 | 2,137 | 9,408 |
| General and administrative | 3,667 | 3,026 | 5,581 | 20,744 |
| Total operating expenses | 56,372 | 6,714 | 59,377 | 30,152 |
| Loss from operations | (56,372) | (6,714) | (59,377) | (30,152) |
| Other income (expense): | ||||
| Foreign currency gain (loss) | (2) | 384 | (35) | 632 |
| Other income, net | 1,485 | 1,110 | 2,826 | 2,010 |
| Total other income (expense) | 1,483 | 1,494 | 2,791 | 2,642 |
| Net loss | $(54,889) | $(5,220) | $(56,586) | $(27,510) |
| Net loss per share, basic and diluted | $(1.81) | $(0.19) | $(1.95) | $(1.03) |
| Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted | 30,349,562 | 26,840,555 | 28,994,045 | 26,667,458 |
| Comprehensive loss: | ||||
| Net loss | $(54,889) | $(5,220) | $(56,586) | $(27,510) |
| Other comprehensive loss: | ||||
| Unrealized gain on investments, net of tax of $0 | — | 60 | 2 | 323 |
| Comprehensive loss | $(54,889) | $(5,160) | $(56,584) | $(27,187) |
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