other
confidence high
sentiment neutral
materiality 0.50
Enliven Therapeutics recasts FY2022 financials after reverse split; reports net loss of $37.7M
Enliven Therapeutics, Inc.
- Annual meeting elected directors Heyman and Kintz; ratified Deloitte & Touche as auditor for FY2023.
- Recasted FY2022 net loss of $37.7M ($12.05 per share) vs $24.7M in FY2021.
- R&D expense rose 51% to $31.0M; G&A expense increased to $7.8M.
- Cash and equivalents totaled $75.5M at Dec 31, 2022, down from $110.0M a year earlier.
- Company expects current cash to fund operations for at least 12 months from March 2023.