earnings
confidence high
sentiment negative
materiality 0.75
TG Therapeutics Q4 net loss $93.3M; UKONIQ revenue $2.3M; FDA partial hold on U2
TG THERAPEUTICS, INC.
2022-FY EPS reported
-$2.63
revenue$6,689,000
- Net loss Q4 2021 $93.3M ($88.2M Q4 2020); full year net loss $348.1M ($279.4M 2020).
- Product revenue from UKONIQ net $2.3M in Q4, $6.5M for full year 2021.
- Cash, equivalents & securities $350.3M at Dec 31, 2021; funds operations into 2023.
- FDA partial clinical hold on U2 (ublituximab + umbralisib) studies in CLL/NHL; ODAC meeting expected March/April 2022.
- FDA accepted BLA for ublituximab in RMS (PDUFA Sept 28, 2022); BLA/sNDA for U2 in CLL/SLL pending ODAC.