Company: CDT
Filing Date: 2025-08-14
Form Type: 10-Q/A
Source: 0001641172-25-024123
Chunk: 5

Company: CDT Equity Inc.
Filing Date: 2025-08-14
Form: 10-Q/A
Chunk 5
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   |     |   |       (6,793 | ) |
| Total liabilities and stockholders’ equity (deficit)                                                                                                                                                                                     |     | $ |         7,714 |   |     | $ |        4,193 |   |

<div align='center'>The accompanying notes are an integral part of these condensed consolidated financial statements.</div>

| 1 |

<div align='center'>CDT EQUITY INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(unaudited)

(in thousands, except share and per share amounts)</div>

| Operating expenses:                                |     | 2025                         
 Three Months ended March 31, 
 2025                         
 (As restated)                |           |   |     | 2024 
 2024 |         |   |
|:---------------------------------------------------|:----|:-----------------------------|----------:|:--|:----|:-----|--------:|:--|
| Research and development expenses                  |     | $                            |       916 |   |     | $    |     128 |   |
| General and administrative expenses                |     |                              |     2,700 |   |     |      |   2,827 |   |
| Total operating expenses                           |     |                              |     3,616 |   |     |      |   2,955 |   |
| Operating loss                                     |     |                              |    (3,616 | ) |     |      |  (2,955 | ) |
| Other income (expense):                            |     |                              |           |   |     |      |         |   |
| Other income (expense), net                        |     |                              |      (969 | ) |     |      |    (487 | ) |
| Interest income                                    |     |                              |         8 |   |     |      |       9 |   |
| Interest expense                                   |     |                              |      (176 | ) |     |      |    (119 | ) |
| Total other (expense) income, net                  |     |                              |    (1,137 | ) |     |      |    (597 | ) |
| Net loss                                           |     | $                            |    (4,753 | ) |     | $    |  (3,552 | ) |
| Basic and diluted net loss per share               |     | $                            |     (1.22 | )