earnings
confidence high
sentiment neutral
materiality 0.75
IDYA reports Q4 net loss $34M, cash $632.6M; multiple 2024 milestones
IDEAYA Biosciences, Inc.
2023-FY EPS reported
-$1.96
revenue$23,385,000
- Cash $632.6M at Dec 31, 2023; Jan 2024 ATM raised ~$352M gross ($342.3M net); runway into 2028.
- Q4 net loss $34.0M (vs $24.2M); FY 2023 net loss $113.0M (vs $58.7M). R&D spend $38.8M Q4.
- Targeting two Phase 2 efficacy updates for darovasertib in neoadjuvant uveal melanoma mid-2024, plus FDA guidance.
- Gilead collaboration to evaluate IDE397 + Trodelvy in MTAP-deletion bladder cancer; FPI mid-2024.
- Werner helicase IND filing targeted 2024; $7M milestone on clearance. GSK collaboration.