earnings
confidence high
sentiment negative
materiality 0.60
Talphera Q3 net loss widens to $3.4M; NEPHRO CRRT study enrollment underway
TALPHERA, INC.
- Net loss $3.4M ($0.13/share) vs $1.4M ($0.08) in Q3 2023; cash and investments $11.1M.
- Five clinical sites screening for NEPHRO CRRT study; two more expected in Q4; study completion anticipated in 2025.
- Combined R&D and SG&A expenses $3.7M, up from $3.4M, driven by NEPHRO study costs.
- DSUVIA divestment classified as discontinued operations; no related expenses in Q3 2024.