earnings
confidence high
sentiment neutral
materiality 0.50
Bolt Biotherapeutics reports Q2 2026 operating loss of $8.4M; cash $18.1M funds into Q1 2027
Bolt Biotherapeutics, Inc.
- Cash, equivalents and marketable securities $18.1M as of Jun 30, 2026; expected to fund operations into 1Q 2027.
- Collaboration revenue $5K vs $1.8M in Q2 2025; R&D expenses $5.1M vs $7.5M; G&A $2.4M vs $3.5M.
- Loss from operations $8.4M in Q2 2026 vs $9.2M in Q2 2025, driven by restructuring-related cost reductions.
- BDC-4182 Phase 1/2 in gastric/GEJ cancer ongoing; Cohort 4 dosing at 4.0 mg/kg; initial data expected with 3Q 2026 results.
- CEO Willie Quinn cites well-tolerated profile and activity consistent with immune-stimulating mechanism for BDC-4182.