BrainStorm reports FY2025 net loss $10.3M; secures $2M post-year-end for Phase 3b
BRAINSTORM CELL THERAPEUTICS INC.
- Cash, equivalents, restricted cash $0.3M at Dec 31, 2025; raised $2M in Feb 2026 private placements.
- Net loss $10.3M ($1.11/share) vs $11.6M ($2.31/share) in 2024; R&D spend $4.2M, G&A $5.8M.
- FDA cleared Phase 3b ENDURANCE study of NurOwn for ALS; ~200 participants, SPA and CMC aligned.
- Expanded Access Program: 5/10 patients alive, mean survival ~84 months; all 10 exceeded 5-year survival.
- Company highlights $2M strategic financing as catalyst for share re-rating and cash runway for operations.