earnings
confidence high
sentiment neutral
materiality 0.70
BioCardia reports FY2024 net loss $7.9M, cash $2.4M; CardiAMP HF data to be presented at ACC March 30
BioCardia, Inc.
- Net loss $7.9M vs $11.6M in 2023; net cash used in ops $8.0M vs $10.0M.
- Revenue $58K vs $477K; R&D expense $4.4M (down from $7.7M); SG&A $3.7M (down from $4.4M).
- CardiAMP HF trial results to be presented at ACC Late-Breaking Clinical Trials on March 30, 2025; data intended for FDA/PMDA registration.
- Completed low-dose cohort of CardiALLO (BCDA-03); DSMB review Q2 2025. First commercial Morph DNA steerable introducers available.
- Cash and cash equivalents $2.4M at year-end 2024.