earnings
confidence high
sentiment neutral
materiality 0.60
Nkarta Q2 net loss $33.3M ($0.68/share); cash $302.2M; NKX101 shows 67% CR/CRi with Flu/Ara-C
Nkarta, Inc.
2023-Q2 EPS reported
-$1.31
- Cash and investments $302.2M as of June 30, 2023; cash runway into 2025.
- R&D expense $25.1M; G&A $11.7M; non-cash impairment charge $4.1M on right-of-use assets.
- NKX101: 4/6 CR/CRi (67%) in AML patients after Flu/Ara-C lymphodepletion; no dose-limiting toxicities.
- NKX019 updated data from Phase 1 NHL trial presented at EHA and ICML; expansion cohorts enrolling.
- Alyssa Levin appointed CFO and Chief Business Officer effective July 2023.