earnings
confidence high
sentiment negative
materiality 0.55
Sensei Biotherapeutics Q3 net loss $13.4M; cash $116.6M, runway to Q1 2025
Sensei Biotherapeutics, Inc.
2022-Q3 EPS reported
-$1.18
- Net loss of $13.4M ($0.44/share) vs $9.7M in Q3 2021; R&D expense $9.2M, up from $6.4M.
- Cash and marketable securities $116.6M as of Sept 30, 2022; expected to fund operations into Q1 2025.
- Suspends ImmunoPhage platform development to focus on TMAb platform for conditionally active antibodies.
- On track to submit IND for SNS-101 (anti-VISTA) in H1 2023; preclinical data presented at SITC.