Company: IXHL
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110299
Chunk: 2

Company: Incannex Healthcare Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    $(0.29)
  
    Weighted average number of shares outstanding, basic and diluted 
     310,309,659  
     17,642,832 

The accompanying notes are an integral part of
these condensed consolidated financial statements.

2

INCANNEX HEALTHCARE INC.

Condensed Consolidated Statements of Stockholders’
Equity (Deficit)

(unaudited)

(in thousands, except share amounts)

(expressed
in U.S. Dollars, unless otherwise stated)

    Common Stock  
    Additional  paid-in capital  
    Accumulated deficit  
    Foreign currency  translation reserve  
    Total  Stockholders’  Equity (Deficit) 

    Share  
    Amount  
    Amount  
    Amount  
    Amount  
    Amount 

    #  
    $  
    $  
    $  
    $  
    $ 
  
    Balance at June 30, 2025 
     194,379,996  
     20  
     174,049  
     (157,556) 
     (3,124) 
     13,389 
  
    Stock-based compensation 
     -  
     -  
     2,626  
     -  
     -  
     2,626 
  
    Share issuance 
     153,325,511  
     15  
     69,450  
     -  
     -  
     69,465 
  
    Share issuance costs 
     -  
     -  
     (2,288) 
     -  
     -  
     (2,288)
  
    Net loss 
     -  
     -  
     -  
     (6,407) 
     -  
     (6,407)
  
    Currency translation adjustment, net of tax 
     -  
     -  
     -  
     -  
     223  
     223 
  
    Balance at September 30, 2025 
     347,705,507  
     35  
     243,837  
     (163,963) 
     (2,901) 
     77,008 

    Common Stock  
    Additional  paid