earnings
confidence high
sentiment neutral
materiality 0.55
Reviva Q2 net loss narrows to $2.4M; cash $19.9M; brilaroxazine patent extension pursued
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- Net loss $2.4M ($0.19/share) for Q2 2026 vs $6.1M ($2.40/share) year ago; per-share reflects 1:20 reverse split.
- Cash and equivalents $19.9M at June 30, 2026 vs $14.4M at Dec 31, 2025.
- Filed US composition-of-matter patent for new brilaroxazine form to extend exclusivity through 2046.
- FDA feedback on using new formulation in RECOVER-2 trial and NDA expected Q4 2026; bioequivalence study planned Q4 2026.
- Patient enrollment in RECOVER-2 Phase 3 trial expected 1H 2027, subject to additional financing.