earnings
confidence high
sentiment neutral
materiality 0.60
Aprea Therapeutics Q2 net loss $3.3M; cash $27.7M; ATRN-119 data Q4 2023
Aprea Therapeutics, Inc.
2023-Q2 EPS reported
-$2.18
- Net loss $3.3M ($0.87/sh) vs $98.3M loss in Q2 2022, driven by absence of $76M IPR&D charge from Atrin deal.
- Cash and equivalents $27.7M; management expects runway into Q4 2024.
- R&D expenses down to $2.2M from $6.8M; G&A down to $1.7M from $15.6M YoY.
- ATRN-119 Phase 1/2a enrollment ongoing; initial safety and PK data expected Q4 2023.
- Gabriela Gruia, M.D., appointed to Board of Directors; over 25 years clinical and regulatory experience.