earnings
confidence high
sentiment positive
materiality 0.70
Tempest Q2 net loss $5.2M; TPST-4003 collaboration with Senlang, first dosing Q4 2026
Tempest Therapeutics, Inc.
- Q2 net loss $5.2M ($0.34/share) vs $7.9M ($2.07) year ago; cash $0.8M at June 30.
- Collaboration with Senlang Biotechnology for TPST-4003 in vivo CAR-T; first dosing expected Q4 2026, data H1 2027.
- TPST-2003 trials: 100% complete response in 15 CAR-T-naive evaluable patients; no Grade ≥3 CRS/ICANS.
- Appointed Drake Richey and John Yee to board; Andrew Fang as Head of Business Development.
- Warrant inducement raised ~$2M gross proceeds; H1 cash used in ops $10.4M.