Bio-Path Holdings Inc 2024年度报告

FORM10-K (Mark One) For the fiscalyear endedDecember 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number001-36333BIO-PATH HOLDINGS,INC.(Exact name of registrant as specified in its charter) Delaware87-0652870(State or other jurisdiction of incorporation(I.R.S. Employer Identification No.)or organization)4710 Bellaire Boulevard, Suite 210,Bellaire,Texas77401(Address of principal executive offices)(Zip Code)Registrant’s telephone number, including area code: (832)742-1357Securities registered pursuant to Section12(b)of the Act: Title of each classTrading SymbolName of each exchange on which registeredCommon Stock, par value $0.001 per shareBPTHN/ASecurities registered pursuant to Section12(g)of the Act:Common Stock, par value $0.001 per share(Title of class) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. Yes◻No⌧ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities ExchangeAct of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90days.Yes⌧No◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant wasrequired to submit such files).Yes⌧No◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule12b-2 of the Exchange Act. Accelerated filer◻Smaller reporting company☒Emerging growth company☐ Large accelerated filer◻Non-accelerated filer⌧ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.◻ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act). Yes☐No⌧ As of March 21, 2025, there were8,307,892shares of the registrant’s common stock issued and outstanding. The aggregate market value ofthe voting stock held by non-affiliates of the registrant was approximately $5,042,574as of June30, 2024, the last business day of theregistrant’s most recently completed second fiscal quarter, based on the last sales price of the registrant’s common stock as reported on TheNasdaq Capital Market on such date. For purposes of the preceding sentence only, all directors, executive officers and beneficial owners of10% or more of the shares of the registrant’s common stock are assumed to be affiliates. DOCUMENTS INCORPORATED BY REFERENCE: NONE TABLE OF CONTENTS PagePARTI2Item1. Business2Item1A. Risk Factors22Item1B. Unresolved Staff Comments50Item 1C. Cybersecurity51Item2. Properties51Item3. Legal Proceedings51Item4. Mine Safety Disclosures52PARTII53Item5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases ofEquity Securities53Item6. [Reserved]53Item7. Management’s Discussion and Analysis of Financial Condition and Results of Operations54Item7A. Quantitative and Qualitative Disclosures About Market Risk63Item8. Financial Statements and Supplementary Data63Item9. Changes and Disagreements with Accountants on Accounting and Financial Disclosure63Item9A. Controls and Procedures63Item9B. Other Information64Item9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections64PARTIII65Item10. Directors, Executive Officers and Corporate Governance65Item11. Executive Compensation70Item12. Security Ownership of Certain Beneficial Owners and Management and Related StockholderMa