earnings
confidence high
sentiment neutral
materiality 0.75
ATAI Q2 net loss $27.7M; BPL-003 Phase 2b meets endpoints, Beckley combo on track
ATAI Life Sciences N.V.
2025-Q2 EPS reported
-$0.29
revenue$2,274,000
- Net loss $27.7M for Q2 2025 vs $57.3M Q2 2024; cash & short-term securities $95.9M as of June 30, 2025.
- BPL-003 Phase 2b in TRD met primary and all key secondary endpoints; 8 mg dose selected for Phase 3; OLE data expected Q3 2025.
- Planned strategic combination with Beckley Psytech expected to proceed to shareholder vote in Q4 2025; cash runway into H2 2027.
- VLS-01 Phase 2 topline delayed to H2 2026 due to slow enrollment; EMP-01 Phase 2 topline expected Q1 2026.
- Inidascamine Phase 2b missed primary endpoint; Recognify evaluating options; ATAI focusing on psychedelic pipeline.
item 2.02item 9.01