earnings
confidence high
sentiment neutral
materiality 0.60
Tyra Biosciences Q3 net loss $29.9M; cash $274.9M; dabogratinib trials on track
Tyra Biosciences, Inc.
2025-Q3 EPS
reported -$1.45
vs consensus -$0.51
▼ miss
(-185.7%)
- Cash, equivalents, and marketable securities of $274.9M as of Sep 30, 2025; runway through at least 2027.
- Q3 net loss $29.9M vs $24.0M in Q3 2024; R&D spend $25.5M (up from $22.7M) on trial initiations.
- First patients dosed in Phase 2 achondroplasia (BEACH301) and NMIBC (SURF302) studies; interim data expected 2026.
- FDA cleared IND for dabogratinib in low-grade upper tract urothelial carcinoma (SURF303); Phase 2 start in 2026.
- Upcoming milestones: SURF302 3-month CR data in 1H 2026; BEACH301 safety sentinel results in 2H 2026.