earnings
confidence high
sentiment neutral
materiality 0.55
Aprea Therapeutics Q1 net loss $4.4M; cash runway into Q3 2024; ATRN-119 Phase 1 data expected Q1 2024
Aprea Therapeutics, Inc.
2023-Q1 EPS reported
-$1.34
- Net loss of $4.4M ($1.34 per share) on $31.0M cash; operating loss $4.6M vs $8.1M YoY.
- R&D expenses $1.3M (down from $4.1M YoY) due to legacy trial closeout; G&A $3.4M.
- ATRN-119 Phase 1/2a enrollment continues; initial safety, tolerability, PK data expected Q1 2024.
- ATRN-1051 IND-enabling studies ongoing; IND filing anticipated by end of 2023.
- Closed $4.9M net proceeds from February public offering; appointed Dr. Gabriela Gruia to board.