earnings
confidence high
sentiment neutral
materiality 0.75
Sensei Biotherapeutics cuts workforce 46%, extends cash runway into Q2 2026; Q3 net loss $7.3M
Sensei Biotherapeutics, Inc.
2024-Q3 EPS reported
-$0.89
- Net loss $7.3M for Q3 2024 vs $7.1M year ago; cash & securities $47.0M as of Sept 30.
- Organizational restructuring: closing Rockville research site, reducing workforce ~46%, focusing on SNS-101.
- SNS-101 Phase 1/2 dose expansion clinical data expected in H1 2025; enrollment ~50% complete.
- Appointed Josiah Craver as SVP Finance, principal financial and accounting officer in September.