earnings
confidence high
sentiment neutral
materiality 0.60
Bolt Biotherapeutics Q3 2022 operating loss $22.3M; cash $209.6M funds through 2025
Bolt Biotherapeutics, Inc.
2022-Q3 EPS reported
-$1.83
revenue$4,318,000
- Cash $209.6M as of Sep 30, 2022; expected to fund operations and milestones through 2025.
- BDC-1001 dose-escalation trial on track to complete enrollment by year-end; topline data and RP2D expected Q1 2023.
- BDC-3042 IND-enabling progressing; on track for clinical entry in 2023.
- Collaboration revenue $2.1M (up from $0.8M YoY); R&D expense $19.0M, G&A $5.5M.
- Loss from operations $22.3M vs $23.5M in Q3 2021.