earnings
confidence high
sentiment positive
materiality 0.80
Allarity Therapeutics Q1 net loss $2.7M, cash $27.7M; stenoparib shows durable benefit
Allarity Therapeutics, Inc.
- Net loss narrowed to $2.7M in Q1 2025 from $3.8M in Q1 2024; R&D expenses $1.4M, G&A $1.6M.
- Cash and restricted cash $27.7M at March 31, 2025, up from $20.9M at December 31, 2024.
- Two ovarian cancer patients on stenoparib >19 months; new Phase 2 protocol for platinum-resistant disease begins H1 2025.
- VA-funded Phase 2 trial of stenoparib + temozolomide in SCLC to begin enrollment Q2-Q3 2025.
- Authorized $5M share repurchase program; ~2M shares bought; SEC settlement and class action lawsuit resolved.