earnings
confidence high
sentiment neutral
materiality 0.70
Compass Therapeutics reports 2025 net loss of $66.5M; tovecimig PFS/OS data due in April
Compass Therapeutics, Inc.
- Net loss $66.5M ($0.42/share) vs $49.4M ($0.36/share) in 2024; R&D spend up 32% to $56.0M.
- Cash and marketable securities $209M as of Dec 31, 2025; expected runway into 2028.
- Tovecimig COMPANION-002 PFS/OS analyses expected in April 2026 after reaching 80% OS events.
- CTX-8371 expansion cohorts enrolling in TNBC and NSCLC; initial data expected Q2 2026.
- CTX-10726 IND cleared; Phase 1 enrolling in Q1 2026; Bing Gong promoted to CSO.