earnings
confidence high
sentiment neutral
materiality 0.65
Perspective Therapeutics reports FY2024 net loss $79.3M; cash $227M; VMT-α-NET enrollment reaches 30 patients
Perspective Therapeutics, Inc.
- Net loss of $79.3M ($1.23 loss per share) vs $46.5M in FY2023; R&D spend doubled to $41.6M.
- Goodwill impairment of $24.1M due to low market cap; cash and investments $227M, funding expected into late 2026.
- VMT-α-NET Phase 1/2a enrolled 30 patients in Cohort 2 as of Feb 2025; no DLTs, one confirmed response.
- IND cleared for PSV359 (FAP-α targeting); first patient dosing expected mid-2025.
- In Feb 2025, sold 3.38M shares under ATM at ~$3.02 for gross proceeds of $10.2M.