earnings
confidence high
sentiment neutral
materiality 0.70
Verrica reports FY 2022 net loss $24.5M; VP-102 PDUFA set for July 23, 2023
Verrica Pharmaceuticals Inc.
- Net loss of $24.5M ($0.72/share) for FY 2022 vs $35.1M ($1.30/share) in FY 2021.
- Collaboration revenue of $9.0M in FY 2022, down from $12.0M in FY 2021.
- Cash and equivalents $34.3M at Dec 31, 2022; raised $32.5M gross in Feb 2023 secondary offering.
- FDA assigned PDUFA date of July 23, 2023 for VP-102 NDA for molluscum contagiosum.
- VP-315 Phase 2 Part 2 dosing expected to begin in Q2 2023 for basal cell carcinoma.