earnings
confidence high
sentiment neutral
materiality 0.65
Atossa reports $79.5M cash, no debt; EVANGELINE Phase 2 40mg cohort shows 100% disease control rate
ATOSSA THERAPEUTICS, INC.
2024-Q2 EPS reported
-$0.10
- Ended Q2 2024 with $79.5M cash and cash equivalents, no debt; interest income $1.1M in Q2.
- Total operating expenses $7.1M in Q2 2024 vs $7.8M in Q2 2023, down 9% YoY.
- Phase 2 EVANGELINE 40mg cohort achieved 100% disease control rate at 24 weeks for ER+/HER2- breast cancer.
- Completed enrollment in EVANGELINE 80mg PK run-in cohort and dosing in Phase 2 Karisma-Endoxifen trial (240 patients).
- Appointed Heather Rees as CFO; joined Russell 3000 Index effective June 28, 2024.