earnings
confidence high
sentiment neutral
materiality 0.65
Autonomix Medical reports Q3 FY2025 net loss of $2.7M, cash $11.8M; PoC trial data on track for 1H2025
Autonomix Medical, Inc.
- Net loss of $2.7M for Q3 ended Dec 31, 2024 vs $3.1M a year ago; nine-month net loss $8.2M vs $10.0M.
- Cash position $11.8M as of Dec 31, 2024; raised $10M in underwritten public offering during the quarter.
- Topline proof-of-concept trial data for pancreatic cancer pain expected in 1H2025; US clinical trials targeted for 2H2025.
- Achieved design lock for RF ablation catheter after successful animal testing; expanded IP with new U.S. patent grant.
- Targeting De Novo submission in 2026 and potential FDA clearance for pancreatic cancer pain in 2027.