earnings
confidence high
sentiment neutral
materiality 0.65
AcelRx Q3 net loss $1.4M; Niyad gets FDA IDE approval, registrational study to start Q4
TALPHERA, INC.
2023-Q3 EPS reported
-$1.08
revenue$370,000
- Net loss from continuing ops $1.4M ($0.08/sh); revenue $0.1M from DSUVIA royalty.
- Cash $13.4M at Sep 30; Oxford senior debt fully repaid in Q2 2023.
- FDA IDE approval for Niyad (regional anticoagulant for dialysis); NEPHRO study to start Q4, data mid-2024.
- July private placement raised $10M, with potential $16.3M additional upon milestone warrants.
- Combined R&D and SG&A expenses $3.4M, down from $4.5M YoY; headcount reduction offset by Niyad costs.