earnings
confidence high
sentiment neutral
materiality 0.65
MiNK Therapeutics Q3 2024 net loss narrows to $1.8M; cash at $6.3M
MiNK Therapeutics, Inc.
2024-Q3 EPS reported
-$0.22
- Net loss of $1.8M ($0.05 per share) improved from $5.1M ($0.15) in Q3 2023.
- Cash and equivalents $6.3M; operations used $3.0M in Q3, down from $4.2M YoY.
- R&D expenses fell to $541K from $3.4M; total operating loss $1.9M vs $5.2M.
- Phase 2 gastric cancer trial data expected at a major conference in early 2025.
- Dr. Robert Kadlec joined board; new collaboration with Autonomous Therapeutics.