earnings
confidence high
sentiment neutral
materiality 0.60
Taysha reports Q4 net loss $55.7M; cash $87.9M; progress on Rett and GAN trials
Taysha Gene Therapies, Inc.
- Net loss Q4 2022: $55.7M ($0.99/shr) vs $50.4M Q4 2021; full year loss $166.0M vs $174.5M.
- Cash $87.9M at 12/31/22; expected to fund operations into Q1 2024.
- TSHA-102: screening started for REVEAL trial; first adult dosing H1 2023; initial safety data expected H1 2023.
- TSHA-120: FDA suggests alternative trial designs; formal meeting request planned Q2 2023.
- Non-cash impairment charge of $36.4M in Q4 2022 for NC manufacturing facility.