earnings
confidence high
sentiment neutral
materiality 0.70
Lineage Q1 net loss $7.1M ($0.04/sh); cash $78.1M; pipeline expanded
Lineage Cell Therapeutics, Inc.
2022-Q1 EPS reported
-$0.04
revenue$5,237,000
- Net loss attributable to Lineage of $7.1M ($0.04/sh) vs $1.4M ($0.01/sh) in Q1 2021.
- Total revenues $5.2M, up from $0.4M YoY, driven by $50M Roche upfront licensing fee.
- Cash and cash equivalents $78.1M as of March 31, 2022.
- Pipeline expanded with two new cell therapy programs: auditory neurons (ANP1) and photoreceptors (PNC1).
- VAC2 Phase 1 NSCLC enrollment completed; IND submission for US testing expected 2H 2022.