earnings
confidence high
sentiment negative
materiality 0.65
Reviva Q1 net loss $3.2M; stock moving from Nasdaq to OTCQB effective May 14
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- Net loss $3.2M ($0.46/share) vs $6.4M ($2.61) in Q1 2025; cash $22.2M up from $14.4M.
- Completed public equity offering raising $10M gross in March 2026.
- Filed provisional patent for new brilaroxazine form to extend exclusivity through 2046; FDA feedback expected mid-2026.
- RECOVER-2 Phase 3 schizophrenia trial enrollment planned for Q3 2026.
- Common stock to stop trading on Nasdaq and move to OTCQB on May 14, 2026, under symbol RVPH.