earnings
confidence high
sentiment neutral
materiality 0.55
Aura Biosciences Q1 2024 net loss $19.7M; cash $202.9M funds into H2 2026
Aura Biosciences, Inc.
2024-Q1 EPS reported
-$0.40
- Net loss of $19.7M for Q1 2024 vs $17.5M in Q1 2023; R&D spend $17.1M (up from $14.4M).
- Cash and marketable securities $202.9M as of March 31, 2024; expected to fund operations into H2 2026.
- Phase 3 CoMpass trial for small choroidal melanoma enrolling globally; target ~100 patients.
- Phase 1 bladder cancer trial enrolling; early data expected mid-2024; Fast Track designation from FDA.
- Appointed Conor Kilroy as General Counsel and Secretary.