---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-031148"
form_type: "8-K"
ticker: "AGEN"
cik: "0001098972"
company_name: "AGENUS INC"
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T18:47:52.600539+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Agenus reports FY2023 net loss of $257M, revenue $156M; BOT/BAL data in CRC shows 24% ORR

## Summary
- FY2023 revenue $156M, net loss $257M ($0.69 EPS); Q4 revenue $84M, net loss $49M ($0.13 EPS).
- Ended 2023 with $76.1M cash; received $25M milestone from BMS in Jan 2024.
- BOT/BAL in refractory MSS mCRC NLM: 24% ORR (vs 1-6% SOC), 12-month OS rate 74%.
- Phase 2 topline data expected 2H2024; Fast Track designation granted.
- Advancing monetization of non-strategic assets; potential $100-200M cash proceeds; partnership discussions ongoing.

## SEC filing metadata
- accession: 0000950170-24-031148
- form_type: 8-K
- ticker: AGEN
- cik: 0001098972
- company_name: AGENUS INC
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098972/000095017024031148/0000950170-24-031148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098972/000095017024031148/agen-20240314.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-031148
- JSON: https://secwatch.observer/filing/0000950170-24-031148.json
- Plain text: https://secwatch.observer/filing/0000950170-24-031148.txt

## Key facts
- Earnings Releases
  AGENUS INC reported year ended December 31, 2023 results: revenue $156 million, net income -$257 million, EPS -$0.69 per share.
  - Period: year ended December 31, 2023
  - Revenue: $156 million
  - Net income: -$257 million
  - EPS: -$0.69 per share
  - Result: reported results
  source text: For the year ended December 31, 2023, we recognized revenue of $156 million and incurred a net loss of $257 million, or $0.69 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098972/000095017024031148/0000950170-24-031148-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.