earnings
confidence high
sentiment negative
materiality 0.70
Eyenovia Q1 net loss $10.9M, up from $5.7M; advances MicroPine and clobetasol pipeline
HYPERION DEFI, INC.
2024-Q1 EPS reported
-$0.23
revenue$4,993
- Net loss Q1 2024 $10.9M ($0.23/shr) vs $5.7M ($0.15/shr) in Q1 2023; includes $2.5M charge for MicroPine license reacquisition.
- R&D expenses $4.4M (+75.7% YoY), G&A $3.8M (+30.6% YoY); total operating expenses $10.3M (+88.1% YoY).
- Cash and equivalents $8.0M at March 31, 2024; additional $2.2M raised in April 2024.
- MicroPine Phase 3 CHAPERONE DMC review planned for early Q4 2024; clobetasol launch targeted for Q3 2024.
- Mydcombi rollout: 50 new offices trained; reduced cash expenses by ~$0.8M per quarter.