earnings
confidence high
sentiment negative
materiality 0.65
TherapeuticsMD full-year 2023 net loss $7.7M, cash $4.3M; strategic review ongoing
TherapeuticsMD, Inc.
- Net loss from continuing operations $(7.7)M ($(0.74) per share) vs $1.1M income ($0.12) in 2022.
- Gross license royalties $4.5M under Mayne License; net recognized $1.3M revenue and $0.5M other income.
- Operating expenses fell 85.4% to $9.8M, reflecting transition from commercial pharma to royalty model.
- Cash and equivalents $4.3M at Dec 31, 2023; company continues exploring strategic alternatives.