earnings
confidence high
sentiment negative
materiality 0.60
Boundless Bio Q4 & FY 2024 net loss $65.4M; cash $152.1M; BBI-355 data expected H2 2025
Boundless Bio, Inc.
- Net loss $16.4M in Q4 2024, full year $65.4M (vs $49.4M in 2023); R&D spend rose to $55.3M.
- Cash and investments $152.1M as of Dec 31, 2024; projected operating runway into 2027.
- BBI-355 Phase 1/2 POTENTIATE trial ongoing; initial proof-of-concept safety/activity data due H2 2025.
- Novel Kinesin program: development candidate nomination targeted for mid-2025, IND submission H1 2026.
- Appointed Dr. Robert Doebele as Chief Medical Officer in February 2025.