earnings
confidence high
sentiment neutral
materiality 0.60
Indaptus Q3 2023 net loss $0.47/share; cash $16M into Q2 2024; Decoy20 all 4 patients stable disease
Indaptus Therapeutics, Inc.
2023-Q3 EPS reported
-$1.36
- Cash and equivalents $16.0M as of Sep 30, 2023, down from $26.4M at Dec 31, 2022; runway into Q2 2024.
- Net loss per share $0.47 for Q3 2023 versus $0.42 year ago; R&D expense $2.2M (up $0.6M YoY).
- Decoy20 Phase 1 first cohort: all four patients maintain stable disease; first patient dosed in second cohort.
- Roger Waltzman, M.D. appointed Chief Medical Officer effective August 7, 2023.