earnings
confidence high
sentiment neutral
materiality 0.60
Jasper Therapeutics reports FY2023 net loss of $64.5M; cash runway through Q3 2025 on $50M Feb 2024 offering
Jasper Therapeutics, Inc.
- Net loss for FY2023: $64.5M ($6.18 diluted EPS); Q4 net loss $16.6M ($1.50 diluted EPS).
- Cash and equivalents $86.9M at Dec 31, 2023; Feb 2024 $50M offering extends runway through Q3 2025.
- BEACON Phase 1b/2a in CSU enrolling; initial data from first four cohorts expected Q3 2024.
- SPOTLIGHT Phase 1b/2a in CIndU approved; data expected H2 2024.
- Phase 1 trial in LR-MDS initiated; initial data anticipated mid-2024.