earnings
confidence high
sentiment neutral
materiality 0.65
GeoVax Q3 net loss $5.8M ($0.91/share); BARDA NextGen trial on track; special meeting adjourned
GeoVax Labs, Inc.
- Net loss $5.8M for Q3 2024 ($0.91/share) vs $8.4M ($4.75/share) in Q3 2023; nine-month net loss $16.7M ($4.52/share).
- Revenue of $2.8M from BARDA/RRPV Project NextGen award (no revenue in prior year period).
- Cash $8.6M at Sep 30, 2024, vs $6.5M at Dec 31, 2023.
- BARDA Phase 2b trial of GEO-CM04S1 (10,000 patients) preparing for activation; sites confirmed.
- Special Meeting adjourned without business due to lack of quorum (30.4% proxy turnout); reconvened Dec 18, 2024.