earnings
confidence high
sentiment neutral
materiality 0.50
Kiora Q2 2026 net loss $2.1M; cash $16.8M; ABACUS-2 higher-dose enrollment underway
KIORA PHARMACEUTICALS INC
2026-Q2 EPS reported
-$0.87
- Net loss $2.1M vs $2.2M YoY; R&D expense $2.1M net of $1.3M Théa reimbursement; G&A flat at $1.4M.
- Cash and short-term investments $16.8M at June 30, up from $13.9M at March 31; runway into late 2028.
- Private placement secured for up to $24M gross, $5M upfront, remainder contingent on milestone-based warrant exercise.
- ABACUS-2 Phase 2 (KIO-301) enrolling higher 100 µg dose cohort; last patient first visit Q1 2027, topline Q3 2027.
- KIO-104 KLARITY Phase 2 enrolling higher-dose cohort; initial clinical data expected late 2026.