earnings
confidence high
sentiment neutral
materiality 0.60
MapLight Q4 net loss $79.5M; cash $453M; Phase 2 readouts expected Q3 2026
MapLight Therapeutics, Inc.
- Net loss of $79.5M in Q4 2025 vs $21.2M year ago; FY2025 loss $161.2M vs $77.6M.
- Cash, equivalents and investments $453.1M as of Dec 31, 2025, expected to fund operations through 2027.
- Phase 2 ZEPHYR trial for schizophrenia: target enrollment (n=300) expected April 2026; topline results Q3 2026.
- Phase 2 IRIS trial for autism spectrum disorder completed enrollment; topline results expected Q3 2026.
- FDA Fast Track granted for ML-007C-MA in Alzheimer's disease psychosis; VISTA trial topline H2 2027.