earnings
confidence high
sentiment neutral
materiality 0.50
NextCure Q3 2021 net loss widens to $17.9M; cash position $235.3M
NextCure, Inc.
2021-Q3 EPS reported
-$1.90
- Net loss of $17.9M for Q3 2021 vs $16.4M in Q3 2020, driven by higher R&D and G&A costs.
- Cash, cash equivalents and marketable securities $235.3M at Sep 30, 2021, down $48.1M from Dec 31, 2020.
- R&D expenses $13.6M (up from $12.7M) and G&A $4.9M (up from $4.7M) year-over-year.
- Appointed Ellen G. Feigal and Anne Borgman to Board of Directors; added three new Scientific Advisory Board members.
- Cash runway expected to fund operations into second half of 2023.