earnings
confidence high
sentiment neutral
materiality 0.65
Janux Q2 net loss $17.5M; cash $303.3M; Nasdaq compliance regained
Janux Therapeutics, Inc.
2023-Q2 EPS reported
-$0.84
revenue$3,105,000
- Net loss of $17.5M for Q2 2023 vs. $16.9M in Q2 2022; R&D expense $14.9M, G&A $6.9M.
- Cash, cash equivalents & short-term investments of $303.3M at June 30, 2023; July offering raised ~$60M gross.
- PSMA-TRACTr JANX007 Phase 1 data showed meaningful PSA drops with manageable safety/CRS profile.
- Nasdaq compliance regained after Ron Barrett, Ph.D. became independent director; matter closed.
- Appointed Dr. Zachariah McIver as VP, Clinical Development; he brings >15 years bispecific experience.