earnings
confidence high
sentiment neutral
materiality 0.75
Ensysce Q3 net loss $3.7M; Phase 3 PF614 trial started; FDA backs PF614-MPAR
Ensysce Biosciences, Inc.
2025-Q3 EPS reported
-$3.42
revenue$3,184,314
- Net loss attributable to common stockholders was $3.7M for Q3 2025, vs. a gain of $0.7M in Q3 2024.
- Cash totaled $1.7M as of Sept 30, 2025; completed convertible preferred stock offering in Nov 2025 for $4M gross, with up to $16M additional over 24 months.
- Initiated pivotal Phase 3 trial (PF614-301) for PF614 in moderate to severe post-surgical pain in July 2025.
- FDA supported PF614-MPAR development for overdose protection labeling and confirmed potential streamlined 505(b)(2) pathway.
- R&D expenses increased to $3.0M from $1.7M YoY; grant revenue fell to $0.5M from $3.4M.