earnings
confidence high
sentiment positive
materiality 0.60
AN2 Therapeutics Q2 net loss narrows to $6.5M; Chagas Phase 1 dosing underway; cash runway into 2028
AN2 Therapeutics, Inc.
2025-Q2 EPS
reported -$0.57
vs consensus -$0.34
▼ miss
(-67.8%)
- Net loss of $6.5M vs $14.4M in Q2 2024; R&D expenses down to $3.2M from $12.1M.
- Cash, cash equivalents, and investments of $71.2M; operations funded into 2028.
- Phase 1 FIH trial for Chagas drug AN2-502998 dosing started; Phase 2 planned for 2026.
- Melioidosis observational study showed ~40% 90-day mortality; seeking U.S. government funding for Phase 2.
- Two oncology development candidates (ENPP1 and PI3Kα) expected within 12 months.
item 2.02item 9.01