Company Analysis

Galectin Therapeutics Inc. (GALT)

Nasdaq: GALT · Pharmaceutical Preparations · Norcross, GA · filing with the SEC since 2001
Grade6.1
◀ Past 6.7● Present 5.3▶ Future 6.4
6 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 31, 2026Mar 31, 2025Mar 29, 2024Mar 30, 2023Mar 31, 2022Mar 31, 2021Mar 16, 2020Mar 6, 2019Mar 29, 2018Mar 28, 2017
Research and development14,29036,57132,13031,73723,81817,9767,4676,47111,72115,325
General and administrative5,7955,8625,9426,6156,3615,4685,9717,1314,5266,156
Total operating expenses20,08542,43338,07238,35230,17923,44413,43813,60216,24721,481
Operating income-20,085-42,433-38,072-38,352-30,179-23,444-13,438-13,602-16,247-21,481
Interest expense7,3295,5402,7921,033489878733612·
Interest and investment income12633823052366231382445
Total non-operating income (expense)-10,751-4,614-2,994-424-348-21144-2981245
Income tax expense00········
Net income-30,836-47,047-41,066-38,776-30,527-23,465-13,294-13,900-16,235-21,436
Preferred dividends···971711372631,1471,232741
Net income to common shareholders-30,974-47,200-44,805-38,873-30,698-23,602-20,179-15,047-17,467-22,350
Earnings per share, basic-0.48-0.76-0.74-0.65-0.52-0.41····
Earnings per share, diluted-0.48-0.76-0.74-0.65-0.52-0.41····
Earnings per share, basic and diluted·····-0.41-0.39-0.38-0.49-0.76
Weighted average shares, basic63,90362,30960,15959,39158,52757,029····
Weighted average shares, diluted63,90362,30960,15959,39158,52757,029····
Weighted average shares, basic and diluted·····57,02952,23839,41435,52129,216
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton GALT · research, not advice