earnings
confidence high
sentiment neutral
materiality 0.50
NextCure Q2 net loss $17.9M; cash $130.6M; Phase 1b data expected Q4 2023
NextCure, Inc.
2023-Q2 EPS reported
-$1.22
- Cash, cash equivalents and marketable securities of $130.6M as of June 30, 2023, down from $159.9M at Dec 31, 2022.
- Net loss of $17.9M for Q2 2023, flat versus Q2 2022; R&D expense $13.4M, G&A $5.7M.
- Phase 1b data for NC410, NC762 update, and NC525 Phase 1a update all expected in Q4 2023.
- Existing cash expected to fund operations into mid-2025.
- NC318 data from Yale Cancer Center to be presented at WCLC in September 2023.