earnings
confidence high
sentiment neutral
materiality 0.60
Coya Therapeutics FY2025 net loss $21.2M; cash $46.8M, ALS trial enrolling
Coya Therapeutics, Inc.
- Cash and cash equivalents $46.8M at Dec 31, 2025; collaboration revenue $7.9M (up from $3.6M).
- R&D expenses $16.7M (up $4.8M); net loss $21.2M vs $14.9M in FY2024.
- COYA 302 ALSTARS Phase 2 trial actively enrolling across ~25 sites in US and Canada.
- FDA accepted IND for COYA 302 in frontotemporal dementia (FTD); Phase 2a expected 2H2026.
- Completed $23M public offering and $11.1M private placement; cash runway into 2H2027.