earnings
confidence high
sentiment positive
materiality 0.70
CG Oncology Q1 net loss $34.5M; BLA submission on track for H2 2025
CG Oncology, Inc.
2025-Q1 EPS reported
-$0.45
revenue$52,000
- Net loss of $34.5M ($0.45/share) vs $16.9M ($0.36) a year ago; R&D spend rose to $27.5M.
- Cash $688.4M as of March 31, 2025; expected to fund operations into first half of 2028.
- BOND-003 Cohort C: 75.5% CR at any time; 24-month CR rate 42.3% by K-M; 97.3% progression-free at 24 months.
- Cohort P: 90.5% high-grade recurrence-free survival at 3 and 9 months in BCG-unresponsive Ta/T1 disease.
- Anticipates starting BLA submission for cretostimogene in HR BCG-unresponsive NMIBC in H2 2025.