earnings
confidence high
sentiment neutral
materiality 0.65
GeoVax Q1 2023 net loss $4.04M ($0.15/share); cash $23.85M; clinical progress on CM04S1 and Gedeptin
GeoVax Labs, Inc.
- Net loss $4,037,916 ($0.15/share) vs $2,427,515 ($0.34/share) in Q1 2022; R&D expense $2.82M (+112% YoY); G&A $1.45M (+23%).
- Cash $23.85M at March 31, 2023, down $3.76M from Dec 31, 2022; no revenue reported.
- Phase 2 CM04S1 COVID-19 vaccine trial data presented at World Vaccine Congress shows immunogenicity in immunocompromised patients.
- Gedeptin Phase 1/2 cancer trial expanded to three NCI-designated centers; enrollment expected to complete in Q2 2023.
- Expanded NIH license rights to include orthopoxviruses (Mpox, smallpox) for MVA-based vaccine development.