PaxMedica Inc. (PXMD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
303 SOUTH BROADWAY, SUITE 125 TARRYTOWN, NY 10591 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 4,710,642 | 1,901,887 | |||
| Cash and cash equivalent | 4,710,642 | 1,901,887 | |||
| Other undisclosed current assets | 969,763 | 302,431 | |||
| Total current assets: | 5,680,405 | 2,204,318 | |||
| Noncurrent Assets | |||||
| TOTAL ASSETS: | 5,680,405 | 2,204,318 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 965,099 | 1,741,026 | |||
| Accounts payable | 721,955 | ||||
| Accrued liabilities | 965,099 | 1,019,071 | |||
| Debt | 173,543 | ||||
| Due to related parties | ✕ | ✕ | 20,000 | ||
| Other undisclosed current liabilities | 830,233 | 160,949 | |||
| Total current liabilities: | 1,795,332 | 2,095,518 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 500,000 | ||||
| Deferred revenue | 500,000 | ||||
| Total noncurrent liabilities: | 500,000 | ||||
| Total liabilities: | 2,295,332 | 2,095,518 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 3,385,073 | 108,800 | |||
| Additional paid in capital | 55,414,069 | 33,847,607 | |||
| Accumulated deficit | (52,029,741) | (33,740,016) | |||
| Other undisclosed equity, attributable to parent | 745 | 1,209 | |||
| Total equity: | 3,385,073 | 108,800 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,680,405 | 2,204,318 | |||
Income Statement (P&L) (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Operating expenses | (16,145,271) | (10,604,428) | ||
| Operating loss: | (16,145,271) | (10,604,428) | ||
| Nonoperating expense | (2,144,454) | (4,197,339) | ||
| Interest and debt expense | (45,585) | (161,563) | ||
| Loss from continuing operations before equity method investments, income taxes: | (18,335,310) | (14,963,330) | ||
| Other undisclosed income from continuing operations before income taxes | 45,310 | |||
| Loss from continuing operations: | (18,290,000) | (14,963,330) | ||
| Other undisclosed net income (loss) | 275 | 161,563 | ||
| Net loss: | (18,289,725) | (14,801,767) | ||
| Other undisclosed net income attributable to parent | ||||
| Net loss available to common stockholders, diluted: | (18,289,725) | (14,801,767) | ||
Comprehensive Income (USD)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | ||
|---|---|---|---|---|
| Net loss: | (18,289,725) | (14,801,767) | ||
| Comprehensive loss, net of tax, attributable to parent: | (18,289,725) | (14,801,767) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.