earnings
confidence high
sentiment neutral
materiality 0.65
Prelude Q1 2025 net loss $32.1M; cash $103.1M funds ops into Q2 2026
Prelude Therapeutics Inc
2025-Q1 EPS reported
-$0.42
- Cash, cash equivalents, restricted cash and marketable securities of $103.1M as of March 31, 2025.
- Net loss of $32.1M ($0.42 per share) vs. $31.4M ($0.42) in Q1 2024; R&D expense $28.8M (+5% YoY).
- PRT3789 monotherapy and docetaxel combo dose escalation complete; Phase 2 data expected H2 2025.
- PRT7732 Phase 1 advancing in 5th cohort at 60 mg once daily; initial data anticipated H2 2025.
- KAT6A degrader program targeting candidate nomination in Q2 2025 and IND in 2026.