earnings
confidence high
sentiment positive
materiality 0.85
Sera Prognostics reports Q4/FY2023 results; DSMB stops PRIME study early for efficacy
SERA PROGNOSTICS, INC.
- DSMB recommended stopping PRIME enrollment after co-primary endpoints met significance at interim analysis; preparing manuscript.
- Q4 2023 revenue $41K; full-year revenue $306K; net loss $7.9M (Q4) and $36.2M (FY), improved from prior year.
- Operating expenses down to $8.9M (Q4) from $10.5M; SG&A reduced to $5.0M from $6.9M.
- Cash and securities $79.9M as of Dec 31, 2023.
- Progress on PreTRM sample collection enhancements; launching in certain geographies; building patient-facing products.