earnings
confidence high
sentiment neutral
materiality 0.60
Anebulo reports Q2 fiscal 2023 net loss of $3.8M; Phase 2 trial completed for ANEB-001
Anebulo Pharmaceuticals, Inc.
2024-Q2 EPS reported
-$0.26
- Net loss of $3.8M ($0.15 per share) vs $1.1M ($0.05) in Q2 fiscal 2022.
- Cash and cash equivalents of $16.4M as of Dec 31, 2022.
- Completed dosing Phase 2 trial for ANEB-001; preliminary data shows 10mg dose reduces key ACI symptoms.
- Final Phase 2 data expected by end Q1 2023; End-of-Phase 2A meeting with FDA expected Q2 2023.
- Continued development of parenteral formulation of ANEB-001.