earnings
confidence high
sentiment neutral
materiality 0.65
Femasys Q3 net loss widens to $2.98M; FemBloc trial enrollment complete, FemaSeed trial updated
FEMASYS INC
2022-Q3 EPS reported
-$0.72
revenue$971,974
- Q3 net loss $2.98M ($0.25/share) vs $2.26M ($0.19) YoY; revenue $347K (+28.9% on FemVue).
- FemBloc Stage 2 enrollment complete; IDE for pivotal trial on track for Q1 2023.
- FemaSeed trial updated to focus on male factor infertility; expects enrollment completion in 2023.
- FemCerv commercially launched; FemCath expected by year-end.
- Cash $16.0M at Sept 30, down from $24.8M at Dec 31, 2021.