earnings
confidence high
sentiment negative
materiality 0.80
Tivic Health winds down ClearUP consumer biz; Q3 net loss $2.6M
Valion Bio, Inc.
- Q3 revenue $146K (+16% YoY); gross loss $145K from $230K inventory reserve for ClearUP exit.
- Net loss $2.6M vs $1.4M in Q3 2024; operating expenses rose to $2.3M on biopharma costs.
- ClearUP wind down: $347K charge incurred, $20-50K more expected; minimal revenue until approval.
- Transferred two INDs for Entolimod (neutropenia, cancer); cell line verification for cGMP completed.
- Cash $3.5M; $3.5M available via preferred equity; no debt.