Company: CDT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024140
Chunk: 1

Company: CDT Equity Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 $4,193 

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

1

CDT EQUITY INC.

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(unaudited)

(in
thousands, except share and per share amounts)

    2025  
    2024  
    2025  
    2024 

    Three
    Months ended June 30,  
    Six
    Months ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Operating
    expenses: 

    Research
    and development expenses 
    $1,860  
    $25  
    $2,776  
    $153 
  
    General
    and administrative expenses 
     3,092  
     3,115  
     5,792  
     5,942 
  
    Total
    operating expenses 
     4,952  
     3,140  
     8,568  
     6,095 
  
    Operating
    loss 
     (4,952) 
     (3,140) 
     (8,568) 
     (6,095)
  
    Other
    income (expense): 

    Other
    expense, net 
     (1,023) 
     (2,126) 
     (1,992) 
     (2,613)
  
    Interest
    income 
     4  
     2  
     12  
     11 
  
    Interest
    expense 
     (57) 
     (119) 
     (233) 
     (238)
  
    Total
    other expense, net 
     (1,076) 
     (2,243) 
     (2,213) 
     (2,840)
  
    Net
    loss 
    $(6,028) 
    $(5,383) 
    $(10,781) 
    $(8,935)
  
    Basic
    and diluted net loss per share 
    $(5.46) 
    $(109.33) 
    $(15.77) 
    $(181.51)
  
    Basic