Alpha Cognition Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
ACOG$8.56-0.7%Stored close · as of Nov 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
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| For the Year Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating expenses | ||
| Research and development | $3,918,543 | $4,883,973 |
| General and administrative expenses | 7,942,112 | 5,054,120 |
| Total operating expenses | 11,860,655 | 9,938,093 |
| Net operating loss | (11,860,655) | (9,938,093) |
| Other income (expenses) | ||
| Foreign exchange (loss) gain | (37,609) | 9,928 |
| Interest income | 161,664 | 6,804 |
| Grant income | 463,881 | 260,503 |
| Interest expense | (105,273) | (17,516) |
| Impairment of intangible assets | (39,166) | - |
| Loss on derivative liabilities and conversion of convertible debt | (3,164,707) | (4,085,284) |
| Provision for loan losses | (55,000) | - |
| Total other income (expenses) | (2,776,210) | (3,825,565) |
| Net loss | (14,636,865) | (13,763,658) |
| Other comprehensive loss (income) | ||
| Currency translation adjustment | - | (19,573) |
| Comprehensive loss | $(14,636,865) | $(13,783,231) |
| Net loss per share, basic and diluted | $(2.02) | $(3.84) |
| Weighted-average shares used to compute net loss per share, basic and diluted | 7,247,864 | 3,585,440 |
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