earnings
confidence high
sentiment neutral
materiality 0.60
Kintara Q2 net loss $1.0M; starts REM-001 CMBC study, explores strategic alternatives
TuHURA Biosciences, Inc./NV
2024-FY EPS reported
-$2.47
- Q2 net loss $1.0M ($0.24/share) vs $3.5M ($2.10/share) year earlier; R&D fell to $0.1M from $2.1M.
- Cash $0.7M at Dec 31, 2023; raised $6.1M net via ATM from Jan 1-Feb 12, 2024.
- Initiated 15-patient REM-001 study in cutaneous metastatic breast cancer; costs covered by $2.0M SBIR grant from NIH.
- Board reviewing strategic alternatives to maximize stockholder value; Ladenburg Thalmann engaged as financial advisor (Dec 2023).
- VAL-083 development terminated after failure in GBM AGILE study (Oct 2023).