earnings
confidence high
sentiment positive
materiality 0.50
Cue Biopharma Q3 net loss $0.07/sh; ImmunoScape deal $15M upfront; new CEO
Cue Biopharma, Inc.
2025-Q3 EPS reported
-$0.31
revenue$5,524,000
- Q3 net loss $7.45M ($0.07 EPS); revenue $2.15M (down 36% YoY); cash $11.7M (down 48% from Dec 2024).
- Collaboration with ImmunoScape: upfront total $15M ($10M in Q4 2025, $5M in Nov 2026) plus 40% equity stake.
- Usman Azam appointed President & CEO effective Sep 29; leadership transition to advance autoimmune asset CUE-401.
- CUE-101+pembrolizumab in HPV+ HNSCC: 50% ORR, 88% 12-month OS, median OS 32.7 months.
- R&D spend $4.8M (down 49% YoY); G&A $4.9M (up 72% YoY) due to severance and professional fees.
item 2.02item 9.01