earnings
confidence high
sentiment neutral
materiality 0.60
Filana Therapeutics Q1 net loss $10.3M; cash $86.6M, clinical hold on TSC program remains
FILANA THERAPEUTICS, INC.
- Net loss of $10.3M ($0.21 per share) vs $23.4M loss in Q1 2025.
- Cash and cash equivalents $86.6M at March 31, 2026; no debt.
- R&D expenses $4.5M, down 67% due to Alzheimer's program phase-out.
- Company still addressing FDA clinical hold for simufilam in TSC-related epilepsy.
- Preclinical data in Epilepsia showed simufilam attenuated seizure progression in TSC mouse model.