secwatch.observer — SEC 8-K summary
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Issuer:     Liquidia Corp (LQDA)
CIK:        0001819576
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001104659-25-045850
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liquidia Q1 net loss $38.4M ($0.45/sh); PDUFA May 24; court dismisses UTHR cross-claim
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- Net loss of $38.4M ($0.45 per share) vs $30.1M ($0.40) prior year; cash $169.8M.
- Revenue $3.1M from Sandoz promotion agreement; R&D down 31% as shift to commercialization.
- PDUFA goal date May 24, 2025 for YUTREPIA NDA; FDA accepted Class 1 resubmission.
- District Court dismissed UTHR cross-claim challenging PH-ILD amendment; UTHR may appeal.
- Amended HCR agreement provides up to $100M additional financing for commercial launch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819576/000110465925045850/0001104659-25-045850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819576/000110465925045850/tm2514389d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-045850

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