earnings
confidence high
sentiment neutral
materiality 0.60
Athira Pharma Q2 net loss $29.6M ($0.78/sh); cash $196.3M; LIFT-AD results H2 2024
LeonaBio, Inc.
2023-Q2 EPS reported
-$1.51
- Net loss $29.6M ($0.78/sh) vs $24.3M ($0.65/sh) in Q2 2022; R&D spend rose to $21.6M.
- Cash, cash equivalents and investments $196.3M at June 30, 2023, down from $245.2M at Dec 31, 2022.
- Completed end-of-Phase 2 FDA meeting for fosgonimeton; LIFT-AD topline expected H2 2024.
- Appointed Andrew Gengos as CFO and Chief Business Officer.
- IND-enabling studies for ATH-1105 continue; first-in-human studies targeted H1 2024 for ALS.