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August 2023
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November 2022
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August 2022
Document and Entity Information - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Mar. 27, 2023 | Jun. 30, 2022 | |
Document and Entity Information | |||
Document Type | 10-K | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Document Period End Date | Dec. 31, 2022 | ||
Entity File Number | 001-36177 | ||
Entity Registrant Name | GlycoMimetics, Inc. | ||
Entity Incorporation, State or Country Code | DE | ||
Entity Tax Identification Number | 06-1686563 | ||
Entity Address, Address Line One | 9708 Medical Center Drive | ||
Entity Address, City or Town | Rockville | ||
Entity Address, State or Province | MD | ||
Entity Address, Postal Zip Code | 20850 | ||
City Area Code | 240 | ||
Local Phone Number | 243-1201 | ||
Title of 12(b) Security | Common Stock, $0.001 par value | ||
Trading Symbol | GLYC | ||
Security Exchange Name | NASDAQ | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | false | ||
Entity Shell Company | false | ||
ICFR Auditor Attestation Flag | false | ||
Entity Public Float | $ 30.9 | ||
Entity Common Stock, Shares Outstanding | 64,245,224 | ||
Document Fiscal Year Focus | 2022 | ||
Document Fiscal Period Focus | FY | ||
Entity Central Index Key | 0001253689 | ||
Current Fiscal Year End Date | --12-31 | ||
Amendment Flag | false | ||
Auditor Firm ID | 42 | ||
Auditor Name | Ernst & Young LLP | ||
Auditor Location | Baltimore, Maryland |
Please wait while we load the requested 10-K report or click the link below:
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Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Glycomimetics Inc.
Glycomimetics Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:
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Non-refundable advance clinical payments for goods or services that will be used or rendered for future research and development activities are recorded as a prepaid asset and recognized as expense as the related goods are delivered or the related services are performed.
At contract inception, once the contract is determined to be within the scope of Topic 606, we assess the goods or services promised within each contract and identify, as a performance obligation, and assess whether each promised good or service is distinct.
Under the 2022 Sales Agreement, we may sell up to $100.0 million in shares of our common stock.
Subject to the terms of the agreement, we will be eligible to receive potential further milestone payments totaling approximately $179.0 million, as well as tiered royalties ranging from the high single digits to 15%, as a percentage of net sales.
For the year ended December...Read more
Cash Flows The following table...Read more
We cannot assure you that...Read more
The Black-Scholes-Merton option pricing model...Read more
We have financed our operations...Read more
To determine revenue recognition for...Read more
We anticipate that our general...Read more
In March 2022, we filed...Read more
Royalties: For arrangements that include...Read more
These third-party agreements are generally...Read more
We are advancing other preclinical-stage...Read more
The transaction price is then...Read more
If we raise additional funds...Read more
The capitalized amounts are expensed...Read more
Although it is difficult to...Read more
We believe our expertise in...Read more
We expect our research and...Read more
We will determine which programs...Read more
Funding Requirements Our primary uses...Read more
Our initial research and development...Read more
When designing the interim analysis,...Read more
Interest Income During the year...Read more
Under Topic 606, an entity...Read more
Our historical clinical accrual estimates...Read more
These agreements include cancellable terms...Read more
While our significant accounting policies...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Glycomimetics Inc provided additional information to their SEC Filing as exhibits
Ticker: GLYC
CIK: 1253689
Form Type: 10-K Annual Report
Accession Number: 0001558370-23-004864
Submitted to the SEC: Wed Mar 29 2023 8:31:08 AM EST
Accepted by the SEC: Wed Mar 29 2023
Period: Saturday, December 31, 2022
Industry: Pharmaceutical Preparations