earnings
confidence high
sentiment neutral
materiality 0.60
Clearside posts Q4 net loss $7.3M; cash to Q4 2025; FDA aligns on CLS-AX Phase 3 in wet AMD
Clearside Biomedical, Inc.
- Q4 2024 net loss $7.3M ($0.10/sh) vs $4.8M ($0.08) in Q4 2023; FY loss $34.4M ($0.47) vs $32.5M ($0.53).
- Cash $20.0M at Dec 31, 2024; expected to fund operations into Q4 2025.
- FDA alignment on Phase 3 for CLS-AX in wet AMD: two non-inferiority trials, sham control, after positive Phase 2b.
- Partner Arctic Vision NDA for ARCATUS (XIPERE) in uveitic macular edema accepted in China; also approved in Australia and Singapore.
- Tony Gibney appointed Chair of Board effective November 1, 2024.