earnings
confidence high
sentiment neutral
materiality 0.70
CalciMedica reports Q3 net loss $5.6M, completes $10.2M offering; cash runway into H1 2026
CalciMedica, Inc.
2024-Q3 EPS reported
-$0.88
- Q3 2024 net loss $5.6M ($0.50/sh); total loss from operations $5.7M.
- Cash $14.6M at Sep 30; pro forma after Oct offering ~$23.7M, funds ops into H1 2026.
- Completed Nov 1 public offering: 2.72M shares at $3.75, gross proceeds $10.2M.
- Phase 2b CARPO: win ratio 1.64 (p=0.0372) for high-dose Auxora vs placebo; 100% relative risk reduction in new-onset severe respiratory failure.
- Expects Phase 3 start in 2025; topline data from KOURAGE (AKI) and CRSPA (AIPT) trials in 2025.