earnings
confidence high
sentiment neutral
materiality 0.80
Plus Therapeutics Q1 net loss $17.4M; cash jumps to $9.9M on $15M financing and grants
PLUS THERAPEUTICS, INC.
2025-Q1 EPS reported
-$1.19
revenue$1,059,000
- Cash balance $9.9M at Mar 31, 2025 vs $0.1M at Dec 31, 2024; raised $15M private placement and $2M grant advance.
- Net loss $17.4M ($1.19/share) vs $3.3M ($0.75/share) in Q1 2024; operating loss $3.5M vs $3.3M.
- Completed ReSPECT-LM Phase 1 dose trial; FDA Orphan Drug Designation for REYOBIQ for leptomeningeal metastases in lung cancer.
- Published Phase 1 REYOBIQ data in Nature Communications: >100 Gy dose group median OS 17 months, double standard of care.
- Added board member Kyle Guse; management hires: Dr. Rosol (CDO), Bradley (CNSide President), Stein (Medical Director).
item 2.02item 9.01