earnings
confidence high
sentiment negative
materiality 0.75
Opus Genetics reports preliminary FY 2024 net loss of $56.8M, cash burn $25.6M
Opus Genetics, Inc.
- Net loss for FY 2024 expected to be approximately $56.8 million.
- Net cash used in operating activities for FY 2024 approximately $25.6 million.
- Cash and cash equivalents balance as of Dec 31, 2024 approximately $30.3 million.
- All figures are preliminary, unaudited and subject to change upon finalization of audited financials.