earnings
confidence high
sentiment neutral
materiality 0.65
Artiva Q3 2024 net loss $17.5M; cash $199.6M; AlloNK data expected H1 2025
Artiva Biotherapeutics, Inc.
2024-Q3 EPS reported
-$7.16
revenue$251,000
- Net loss of $17.5M for Q3 2024 vs net income of $11.3M a year ago as collaboration revenue ended.
- Cash, equivalents and investments $199.6M at Sep 30, 2024; expected to fund operations through end of 2026.
- Completed upsized IPO in July 2024, gross proceeds $179.0M from 14.92M shares at $12.00.
- First patient dosed in AlloNK IIT for autoimmune diseases; initial Phase 1/1b and IIT data due H1 2025.
- Appointed Dr. Alison Moore to Board of Directors, bringing allogeneic cell therapy manufacturing expertise.