earnings
confidence high
sentiment positive
materiality 0.85
AtaiBeckley reports Q4/FY2025: net loss $660M; BPL-003 Phase 3 on track for Q2 2026
AtaiBeckley Inc.
- Cash $220.7M as of Dec 31, 2025; runway to early 2029 topline readouts.
- Net loss $544.8M in Q4, $660M full year; includes $530M non-cash IP R&D charge from Beckley Psytech combo.
- BPL-003 Phase 3 pivotal program (ReConnection-1 and -2) initiation on track for Q2 2026; topline data early 2029.
- EMP-01 Phase 2a met primary safety; showed 11.85-point LSAS reduction vs placebo (p=0.036).
- VLS-01 Phase 2 Elumina topline data readout anticipated H2 2026.