earnings
confidence high
sentiment neutral
materiality 0.70
Traws Pharma Q1 net income $21.5M on warrant gain; cash $15.9M; CEO transition
Traws Pharma, Inc.
2025-Q1 EPS reported
$2.09
revenue$57,000
- Net income of $21.5M ($2.17 basic EPS) driven by $26.5M gain from warrant liability fair value change; revenue $57K.
- Cash and equivalents $15.9M as of Mar 31, 2025, down from $21.3M; runway into Q1 2026.
- Submitted FDA briefing package for tivoxavir marboxil (TXM) under Animal Rule; ratutrelvir briefing package planned Q2 2025.
- Iain Dukes named Interim CEO after retirement of Werner Cautreels; Jack Stover appointed Chairman.
- R&D expense $2.5M (+$0.6M YoY) on virology program; G&A $2.8M (-$0.6M YoY) on lower consulting fees.