earnings
confidence high
sentiment positive
materiality 0.60
NRx Pharma narrows Q2 net loss to $7.9M; secures $10.8–16.3M convertible debt for NDAs
NRX Pharmaceuticals, Inc.
- Q2 net loss $7.9M vs $8.7M YoY; six-month net loss $14.4M vs $19.8M.
- Secured $10.8–16.3M convertible debt from Anson Funds; retired Streeterville debt at litigation discount.
- Plans to file NDAs for NRX-100 (IV ketamine) and NRX-101 for bipolar depression in Q4 2024.
- HOPE Therapeutics audit complete; spinout SEC filing planned this quarter.
- Cash $1.9M at June 30; new funding expected to support filings and operations.