earnings
confidence high
sentiment neutral
materiality 0.65
Bolt Biotherapeutics Q3 2025: operating loss $7.7M, cash $38.8M; BDC-4182 data expected 3Q26
Bolt Biotherapeutics, Inc.
2025-Q3 EPS
reported -$13.94
vs consensus -$5.90
▼ miss
(-136.1%)
- Collaboration revenue $2.2M (vs $1.1M Q3 2024); R&D expenses $6.5M (down 53% YoY).
- Operating loss $7.7M vs $16.4M YoY, reflecting restructuring and discontinuation of BDC-1001.
- Cash and securities $38.8M as of Sep 30, 2025; runway into 2027.
- Initial Phase 1 data for BDC-4182 (claudin 18.2 ISAC) expected 3Q2026.
- Presented preclinical data for next-gen CEA and PD-L1 ISACs at SITC; seeking partner for BDC-3042.