earnings
confidence high
sentiment neutral
materiality 0.75
Sensei Biotherapeutics Q1 net loss narrows to $8M; SNS-101 Phase 1 dose escalation complete, no DLTs
Sensei Biotherapeutics, Inc.
2024-Q1 EPS reported
-$0.32
- Net loss of $8.0M for Q1 2024 vs $10.2M in Q1 2023; R&D spend $4.9M, G&A $3.8M.
- Cash, cash equivalents and marketable securities $58.1M at March 31, 2024; runway into Q4 2025.
- SNS-101 Phase 1/2 dose escalation completed: 16 patients monotherapy, 18 combination; no DLTs observed.
- Topline data at ASCO 2024; dose expansion enrolling; end-of-Phase 1 FDA meeting expected by end of 2024.