earnings
confidence high
sentiment neutral
materiality 0.50
Enveric Biosciences reports Q3 2023 net loss of $2.82M; cash $4.27M; advances psychedelic pipeline
Enveric Biosciences, Inc.
2023-Q3 EPS reported
-$6.62
- Net loss of $2.82M ($1.30 per share) vs $2.60M ($1.46 per share) in Q3 2022.
- Cash and cash equivalents of $4.27M as of Sept 30, 2023.
- Granted two US patents for EVM301 Series and EB-373; filed six non-US applications.
- Completed manufacturing of EB-373; preclinical data show oral bioavailability and safety.
- AI drug discovery engine Psybrary surpassed 1,000 compounds analyzed.