earnings
confidence high
sentiment neutral
materiality 0.55
TScan Q2 net loss $37M, cash ~$218M funds ops into Q1 2027; heme/solid tumor milestones on track
TScan Therapeutics, Inc.
2025-Q2 EPS reported
-$0.55
revenue$5,247,000
- Q2 2025 revenue $3.1M (vs $0.5M YoY) from Amgen collaboration; R&D spend $32.6M.
- Net loss $37M vs $31.7M in Q2 2024; cash+equivalents+securities $218M (excl. $5M restricted).
- Expects to dose first solid tumor patients with multiplex TCR-T in Q3 2025; initial safety/response data in Q1 2026.
- Plans to initiate registrational trial for TSC-101 in H2 2025 and file IND for TSC-102-A0301 in H2 2025.
- ALL OHA Phase 1 two-year relapse data on TSC-101 to be presented by end of 2025.
item 2.02item 9.01