earnings
confidence high
sentiment positive
materiality 0.85
CG Oncology Q2 net loss $41.4M; jury kills ANI royalties; BOND-003 75.5% CR
CG Oncology, Inc.
2025-Q2 EPS reported
-$1.00
revenue$52,000
- Net loss $41.4M ($0.54/sh) vs $18.9M ($0.28/sh) year ago; R&D $31.3M, G&A $17.4M.
- Cash $661.1M; runway into 1H'28; BLA submission for cretostimogene planned in Q4'25.
- Jury unanimously ruled CG owes no future royalties to ANI, eliminating 5% commercial royalty.
- BOND-003 Cohort C: 75.5% CR at any time; 12-mo CR 50.7%, 24-mo CR 42.3% (K-M); median DOR 28 mo.
- CORE-008 Cohort CX (cretostimogene + gemcitabine) initiated in HR BCG-exposed NMIBC.
item 2.02item 9.01