earnings
confidence high
sentiment neutral
materiality 0.60
Atossa Q1 2023: cash $103.9M, no debt; Phase 2 trials initiated/expanded
ATOSSA THERAPEUTICS, INC.
2024-Q1 EPS reported
-$0.05
- Ended Q1 2023 with $103.9M cash and cash equivalents, zero debt.
- Operating expenses $7.1M (up 50% YoY); R&D $3.5M (+134%) on (Z)-endoxifen trials.
- Initiated Phase 2 EVANGELINE and new I-SPY 2 arm for (Z)-endoxifen in ER+/HER2- breast cancer.
- Full enrollment of Phase 2 KARISMA breast density study expected by end of 2023.
- US patent granted for (Z)-endoxifen enteric capsule (No. 11,572,334).