earnings
confidence high
sentiment negative
materiality 0.80
Aptose Q1 net loss $5.5M, cash only until end-May 2025; cites need for financing
Aptose Biosciences Inc.
2025-Q1 EPS reported
-$2.61
- Net loss of $5.5M for Q1 2025 vs. $9.6M a year ago; EPS loss $2.61.
- Cash and restricted cash $4.7M; company expects runway only through May 2025.
- TUSCANY trial: all six patients on 40 or 80 mg TUS+VEN+AZA achieved complete remissions.
- Common shares delisted from Nasdaq effective April 2, 2025 due to equity deficiency.
- Management pursuing financing and cost cuts to extend cash runway beyond May 2025.