earnings
confidence high
sentiment neutral
materiality 0.50
Boundless Bio Q3 net loss $16.5M; cash $167.1M, runway into Q4 2026
Boundless Bio, Inc.
2024-Q3 EPS reported
-$3.22
- Net loss of $16.5M for Q3 2024 vs $13.2M in Q3 2023; R&D expenses $14.1M.
- Cash, cash equivalents, and short-term investments total $167.1M as of Sept 30, 2024.
- Enrollment progressing in BBI-355 POTENTIATE and BBI-825 STARMAP trials; initial proof-of-concept data expected H2 2025.
- Analytical validation for proprietary ecDNA diagnostic ECHO presented at ESMO September 2024.
- G&A expenses $4.6M vs $3.3M year-over-year; general operating cash runway into Q4 2026.