earnings
confidence high
sentiment neutral
materiality 0.60
Atossa Q1 2024 net loss $5.9M; EVANGELINE 100% disease control at 24 weeks
ATOSSA THERAPEUTICS, INC.
2024-Q1 EPS reported
-$0.05
- Net loss of $5.9M (operating expenses $7.0M, interest income $1.1M); cash $84.0M, no debt.
- EVANGELINE study: 100% disease control rate, 37% avg lesion size reduction, 92% Ki-67 drop at 24 weeks.
- Initiated combination study of (Z)-endoxifen + abemaciclib in ER+/HER2- breast cancer (20 patients).
- I-SPY 2 Phase 2 trial fully enrolled; data readout expected in H2 2024.
- Appointed medical oncologist Dr. Tessa Cigler to Board of Directors.