earnings
confidence high
sentiment positive
materiality 0.75
Unicycive Q2 net income $3.0M; OLC NDA on track for August 2024
Unicycive Therapeutics, Inc.
2024-Q2 EPS reported
-$0.34
- OLC pivotal trial: 1.4% discontinuation rate (evaluable) for treatment-related AEs; no SAEs.
- Patient survey: 79% preferred OLC, 98% found it easy to take, 89% satisfied.
- UNI-494 Phase 1 enrollment completed; data expected Q3 2024; new patent granted until 2040.
- R&D expenses $4.9M (up $2.6M YoY); cash $41.8M, sufficient into 2026.
- Diluted EPS loss $0.15; basic EPS $0.08 due to warrant liability fair value change.