earnings
confidence high
sentiment neutral
materiality 0.70
Tvardi Q1 net loss narrows to $6.8M; TTI-109 data due June, TTI-101 HCC data 2H 2026
Tvardi Therapeutics, Inc.
2026-Q1 EPS reported
-$0.73
- Net loss of $6.8M ($0.73 per share) vs $9.6M ($3.72) in Q1 2025; R&D spend rose to $4.9M.
- Cash, cash equivalents and ST investments $25.0M at March 31, 2026; runway through Q4 2026.
- TTI-109 Phase 1 healthy volunteer topline data and development strategy expected June 2026.
- TTI-101 Phase 2 HCC topline data on track for 2H 2026; IPF fibrosis score reduction 9.4% vs 2.4% placebo.
- TTI-109 is a next-generation STAT3 prodrug designed for improved tolerability vs TTI-101.