Dogwood Therapeutics, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Business Combination (Tables)

v3.25.1

Business Combination (Tables)

12 Months Ended

Dec. 31, 2024

Business Combination

Schedule of fair value of consideration



Fair value of common stock issued	$	893,093
Fair value of preferred stock issued		70,372,634
Total Consideration Paid	$	71,265,727

Schedule of allocation of purchase price to fair values of assets and liabilities acquired


Assets acquired:
Cash	$	3,762,000
Prepaid expenses and other current assets		380,000
Property and equipment		19,000
In-process research and development assets		69,500,000
Goodwill		12,493,727
Right-of-use asset - operating leases		230,000
Total assets acquired	$	86,384,727
Liabilities assumed:
Accounts payable	$	904,000
Accrued expenses and other current liabilities		2,017,000
Deferred tax liability		11,968,000
Operating lease liabilities		230,000
Total liabilities assumed	$	15,119,000

Net assets acquired	$	71,265,727

Schedule of intangible assets acquired


							Carrying Value
							as of
	Combination Date						December 31,
	Fair Value		Impairment		Translation Adj		2024
Halneuron® for Cancer Related Pain	$	59,900,000	$	—	$	(3,266,035)	$	56,633,965
Halneuron® for Chemotherapy Induced Neuropathic Pain		9,600,000		—		(523,438)		9,076,562
Total in-process research and development (IPR&D)	$	69,500,000	$	—	$	(3,789,473)	$	65,710,527

Goodwill	$	12,493,727	$	—	$	(681,291)	$	11,812,436

Schedule of unaudited pro forma information


	December 31,
(In thousands)	2024		2023
Net revenues	$	—	$	—
Net loss before taxes	$	(19,649)	$	(11,388)

- Definition

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