earnings
confidence high
sentiment neutral
materiality 0.50
NextCure reports Q2 net loss $15.4M; cash $86.4M; LNCB74 IND on track for year-end
NextCure, Inc.
2024-Q2 EPS reported
-$1.16
- Net loss $15.4M in Q2 2024 vs $17.9M in Q2 2023; R&D expenses $12.4M (down from $13.4M).
- Cash & marketable securities $86.4M as of June 30, 2024; expected to fund operations into H2 2026.
- LNCB74 (B7-H4 ADC) GLP tox studies completed; IND submission planned by year-end 2024.
- NC410 + pembrolizumab ovarian cohort enrollment completed (16 additional patients); data expected Q4 2024.
- NC181 (Alzheimer's) manufacturing initiated for tox studies; seeking partnering/funding for IND mid-2025.