earnings
confidence high
sentiment positive
materiality 0.65
Plus Therapeutics Q2 2025: net income $5.2M on derivative gain; CNSide assay launched in Texas
PLUS THERAPEUTICS, INC.
2025-Q2 EPS reported
-$0.50
revenue$2,449,000
- Cash $6.9M at June 30, 2025 vs $3.6M at Dec 31, 2024; operating loss $1.5M vs $3.7M in Q2 2024.
- Net income $5.2M ($0.02 diluted) vs net loss $2.9M ($0.45 loss) in Q2 2024; derivative gain of $6.5M pre-tax.
- CNSide CSF assay launched in Texas in Aug 2025; TAM estimated $6B; additional states planned late 2025-2026.
- REYOBIQ dose optimization trial started; FDA IND clearance for pediatric high-grade glioma and ependymoma.
- Received $1.6M advance from $17.6M CPRIT grant; added industry veteran Kyle Guse to Board of Directors.