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10-Q: Quarterly report

10-Q: Quarterly report

10-Q:季度报表
美股sec公告 ·  05/16 05:08
牛牛AI助手已提取核心信息
180 Life Sciences Corp. reported financial results for the quarter ended March 31, 2024, with a net loss of $1,069,744, a decrease from the net loss of $4,762,078 for the same period in 2023. Research and development expenses decreased by 37% to $365,186, while general and administrative expenses saw a significant reduction of 61% to $1,556,740. The company also reported other income of $1,022,724, primarily due to the forgiveness of certain R&D program-related liabilities. Despite these changes, the company continues to face challenges, including non-compliance with Nasdaq's continued listing standards regarding minimum stockholders' equity, which has resulted in a delisting determination letter from Nasdaq. The company is actively seeking to regain compliance and is considering strategic alternatives to maximize shareholder value. Future plans include continued development of...Show More
180 Life Sciences Corp. reported financial results for the quarter ended March 31, 2024, with a net loss of $1,069,744, a decrease from the net loss of $4,762,078 for the same period in 2023. Research and development expenses decreased by 37% to $365,186, while general and administrative expenses saw a significant reduction of 61% to $1,556,740. The company also reported other income of $1,022,724, primarily due to the forgiveness of certain R&D program-related liabilities. Despite these changes, the company continues to face challenges, including non-compliance with Nasdaq's continued listing standards regarding minimum stockholders' equity, which has resulted in a delisting determination letter from Nasdaq. The company is actively seeking to regain compliance and is considering strategic alternatives to maximize shareholder value. Future plans include continued development of therapeutics for unmet medical needs in chronic pain, inflammation, fibrosis, and other inflammatory diseases, with a focus on three product development platforms: fibrosis and anti-TNF, CBD derivatives, and α7nAChR. However, due to resource constraints, research and development activities in the SCA and anti-TNF platforms have slowed, and the α7nAChR platform has been suspended.
180 生命科学公司公布了截至2024年3月31日的季度财务业绩,净亏损为1,069,744美元,低于2023年同期的净亏损4,762,078美元。研发费用下降了37%,至365,186美元,而一般和管理费用大幅下降了61%,至1,556,740美元。该公司还报告了1,022,724美元的其他收入,这主要是由于免除了某些研发计划相关负债。尽管发生了这些变化,但该公司仍然面临挑战,包括不遵守纳斯达克关于最低股东权益的持续上市标准,这导致纳斯达克发出了退市决定书。该公司正在积极寻求恢复合规性,并正在考虑战略替代方案,以最大限度地提高股东价值。未来的计划包括继续为慢性疼痛、炎症、纤维化和其他炎症性疾病中未得到满足的医疗需求开发疗法,重点是三个产品开发平台:纤维化和抗肿瘤坏死因子、CBD衍生物和α7NACHR。但是,由于资源限制,SCA和抗TNF平台的研发活动有所放缓,α7NACHR平台已暂停。
180 生命科学公司公布了截至2024年3月31日的季度财务业绩,净亏损为1,069,744美元,低于2023年同期的净亏损4,762,078美元。研发费用下降了37%,至365,186美元,而一般和管理费用大幅下降了61%,至1,556,740美元。该公司还报告了1,022,724美元的其他收入,这主要是由于免除了某些研发计划相关负债。尽管发生了这些变化,但该公司仍然面临挑战,包括不遵守纳斯达克关于最低股东权益的持续上市标准,这导致纳斯达克发出了退市决定书。该公司正在积极寻求恢复合规性,并正在考虑战略替代方案,以最大限度地提高股东价值。未来的计划包括继续为慢性疼痛、炎症、纤维化和其他炎症性疾病中未得到满足的医疗需求开发疗法,重点是三个产品开发平台:纤维化和抗肿瘤坏死因子、CBD衍生物和α7NACHR。但是,由于资源限制,SCA和抗TNF平台的研发活动有所放缓,α7NACHR平台已暂停。

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