earnings
confidence high
sentiment negative
materiality 0.65
Atossa Therapeutics Q2 2023 net loss $9.8M; clinical enrollment milestones; CFO appointed
ATOSSA THERAPEUTICS, INC.
2024-Q2 EPS reported
-$0.13
- Cash at June 30, 2023: $99.4M, down from $110.9M at Dec 31, 2022.
- Net loss Q2 2023: $9.83M vs $6.67M Q2 2022; operating expenses $7.79M up 18% YoY.
- Impairment charge of $2.99M on investment in Dynamic Cell Therapeutics (DCT).
- Phase 2 EVANGELINE PK cohort fully enrolled; Karisma-Endoxifen 70% enrolled; I-SPY 2 30% enrolled.
- Appointed Greg Weaver as CFO; US patent granted for enterically encapsulated endoxifen.