earnings
confidence high
sentiment neutral
materiality 0.50
IN8bio Q3 net loss $7.2M; cash $12.9M; clinical progress on gamma-delta T cell trials
IN8BIO, INC.
2023-Q3 EPS reported
-$0.79
- Net loss $7.2M ($0.23/sh) vs $7.4M ($0.34/sh) in Q3 2022; R&D $3.8M, G&A $3.4M.
- Cash $12.9M at Sep 30, 2023, down from $17.0M at Jun 30, 2023.
- Phase 1 INB-100 dose escalation completed; ASH data presentation Dec 11, 2023.
- Phase 2 INB-400 in newly diagnosed GBM enrollment initiated; SNO poster Nov 17.
- Phase 1 INB-200 updated data at SNO Nov 17; Cohort 3 enrollment ongoing.