Forte Q1 net loss $22.1M; FB102 gets FDA Fast Track; raised $172.5M in April

Forte Biosciences, Inc.

2026-Q1 EPS reported -$1.24

Q1 2026 net loss $22.1M ($1.24 per share); cash $58.2M at March 31, 2026.
FB102 received FDA Fast Track Designation for celiac disease; phase 2 topline results expected in 2026.
Phase 1b vitiligo data expected shortly; alopecia areata data readout in 2026.
R&D expenses rose to $20.5M from $12.7M YoY due to increased clinical and preclinical costs.
In April 2026, raised $172.5M gross via equity offering, issuing 6.6M common shares.

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