Tempest Therapeutics reports Q1 2026 net loss of $27.7M, highlights 100% CR rate in TPST-2003 trials

Tempest Therapeutics, Inc.

Ended Q1 with $1.8M cash vs $7.7M at year-end 2025; net loss $27.7M ($2.53/share) vs $10.9M ($3.16) year ago.
TPST-2003 showed 100% complete response in 15 CAR-T-naïve evaluable patients across two trials; no Grade ≥3 CRS/ICANS.
Selected Cincinnati Children's AGCTC as lead manufacturing partner; lentiviral vector received for TPST-2003.
Appointed Andrew Fang, Ph.D., as Head of Business Development to lead partnerships and licensing.
Completed asset acquisition of dual-targeting CAR-T assets from Factor Bioscience and Erigen; $6M private placement closed.

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