Company: CDT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010405
Chunk: 20

Company: CDT Equity Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 $0.78  
    $6.90 
  
    Contractual exercise price 
    $10.48  
    $10.48 
  
    Risk-free rate 
     4.78% 
     4.38%
  
    Estimated volatility 
     97.0% 
     98.6%
  
    Time period to expiration (in years) 
     4.78  
     5.0 

3.
Balance Sheet Details 

Prepaid expenses and other current
assets consisted of the following as of March 31, 2025 and December 31, 2024 (in thousands):

 Schedule of Balance Sheet Details

    As of  
    As of 

    March 31, 2025  
    December 31, 2024 

    Prepaid directors’ and officers’ insurance 
    $897  
    $1,187 
  
    Prepaid expenses 
     341  
     85 
  
    Prepaid expenses – related parties 
     -  
     20 
  
    Prepaid expenses 
     -  
     20 

    Other receivables 
     488  
     489 
  
    Total prepaid expenses and other current assets 
    $1,726  
    $1,781 

Accrued
Expenses and other current liabilities consisted of the following as of March 31, 2025 and December 31, 2024 (in thousands):

 Schedule of Accrued Expenses and Other Current Liabilities

    As of  
    As of 

    March 31, 2025  
    December 31, 2024 

    Accrued professional fees 
    $546  
    $242 
  
    Accrued board of director fees 
     -  
     101 
  
    Accrued research & development costs 
     16  
     280 
  
    Accrued payroll 
     8  
     51 
  
    Accrued legal contingency 
     402  
     389 
  
    Accrued interest 
     -  
     383 
  
    Accrued commission payable 
     -  
     107 
  
    HMRC payable 
     58  
     396 
  
    Other 
     15  
     14 
  
    Total accrued expenses and other