Company: ANIX
Filing Date: 2025-03-11
Form Type: 10-Q
Source: 0001493152-25-009854
Chunk: 18

Company: Anixa Biosciences Inc
Filing Date: 2025-03-11
Form: 10-Q
Item: Part I, Item 8
Chunk 18
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 expenses 
    $3,386  
    $3,609 
  
    Less non-cash stock-based compensation 
     (1,055) 
     (1,260)
  
    Operating costs and expenses excluding non-cash stock-based compensation 
    $2,331  
    $2,349 
  
    Operating costs and expenses excluding non-cash stock-based compensation expense: 

    Cancer Vaccines 
    $1,467  
    $1,213 
  
    CAR-T Therapeutics 
     848  
     1,128 
  
    Other 
     16  
     8 
  
    Total 
    $2,331  
    $2,349 
  
    Operating costs and expenses excluding non-cash share based compensation 
    $2,331  
    $2,349 

    January 31,  2025  
    October 31,  2024 
  
    Total assets: 

    Cancer Vaccines 
    $11,863  
    $12,917 
  
    CAR-T Therapeutics 
     6,885  
     8,535 
  
    Other 
     158  
     139 
  
    Total 
    $18,906  
    $21,591 
  
    Total assets 
    $18,906  
    $21,591 

Operating costs and expenses excluding
non-cash stock-based compensation is the measurement the chief operating decision-maker uses in managing the enterprise.

 15 

Item 2. Management’s
Discussion and Analysis of Financial Condition and Results of Operations.

Information included in this Quarterly
Report on Form 10-Q (this “Report”) contains forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking
statements are not statements of historical facts, but rather reflect our current expectations concerning future events and results. We
generally use the words “believes,” “expects,” “intends,” “plans,” “anticipates,”
“likely,” “will” and similar expressions to identify forward-looking statements. Such forward-looking statements,
including those concerning our expectations, involve risks, uncertainties and other factors, some of which are beyond our control, which
may cause our actual results, performance or achievements, or industry