earnings
confidence high
sentiment neutral
materiality 0.70
Cardiff Oncology completes enrollment in Phase 2 onvansertib trial for RAS-mutated mCRC; Q1 cash $79.9M
Cardiff Oncology, Inc.
2025-Q1 EPS reported
-$0.20
revenue$109,000
- Completed enrollment in Phase 2 CRDF-004 trial of onvansertib + SoC for first-line RAS-mutated mCRC across 41 U.S. sites.
- Received second USPTO patent (No. 12,263,173) for onvansertib + bev in all bev-naïve mCRC patients, expiring no earlier than 2043.
- Cash and investments $79.9M as of March 31, 2025; projected runway into Q1 2027.
- Q1 2025 operating expenses $14.5M (up from $11.1M YoY); net cash used in ops $12.8M (up from $7.7M YoY).
- Additional CRDF-004 clinical data expected in first half of 2025.