earnings
confidence high
sentiment neutral
materiality 0.70
Lineage Cell narrows Q4 net loss to $3.3M; OpRegen gets FDA RMAT designation
Lineage Cell Therapeutics, Inc.
- Net loss of $3.3M ($0.02/shr) for Q4 2024 vs $4.8M ($0.03/shr) in Q4 2023; revenue $2.9M vs $2.1M.
- Cash of $47.8M at Dec 31, 2024 plus $5.5M from Jan 2025 close; funds operations into Q1 2027.
- OpRegen (dry AMD/GA) received FDA RMAT designation; positive 24-month visual acuity data reported.
- OPC1 DOSED study initiated Feb 2025 in spinal cord injury; UC San Diego Health first site.
- Closed financings for $44M gross proceeds; potential $36M from milestone-linked warrants.