earnings
confidence high
sentiment negative
materiality 0.60
Predictive Oncology FY2023 revenue $1.78M, net loss $14M, EPS -$3.48
Axe Compute Inc.
- Net loss of ~$14M on total revenue of ~$1.8M for year ended Dec 31, 2023.
- Basic and diluted EPS improved 50% YoY to -$3.48 from -$6.98.
- Cash and cash equivalents $8.7M at Dec 31, 2023, down from $22.1M at Dec 31, 2022.
- Collaboration progress: FluGen intranasal flu vaccine, Cancer Research Horizons glutaminase inhibitors, UPMC ovarian cancer AI study.
- Q4 net loss per share $0.74; company cited cash burn of $13.2M in operating activities.