earnings
confidence high
sentiment positive
materiality 0.80
SELLAS Q1 net loss $5.8M; cash $28.4M; reports positive OS in Phase 2 SLS009 AML trial
SELLAS Life Sciences Group, Inc.
2025-Q1 EPS reported
-$0.07
- Net loss of $5.8M ($0.07 per share) for Q1 2025 vs $9.6M ($0.21) in Q1 2024.
- Cash and cash equivalents $28.4M as of March 31, 2025; plus $4.0M from warrant exercises in April 2025.
- Phase 2 SLS009 in r/r AML: mOS 8.9 mo (AML-MRC) and 8.8 mo (venetoclax-resistant), beating historic 2.5 mo.
- Phase 3 REGAL (GPS) interim analysis supports continuation; final analysis expected 2025.
- Closed $25M registered direct offering in Jan 2025; net proceeds for working capital.