earnings
confidence high
sentiment neutral
materiality 0.60
Dogwood Therapeutics Q2 net loss $3.8M; Halneuron Phase 2b interim data on track for Q4 2025
Dogwood Therapeutics, Inc.
2025-Q2 EPS
reported -$9.51
vs consensus -$1.94
▼ miss
(-390.7%)
- Enrolled 52 patients in Halneuron Phase 2b CINP trial; low discontinuation rate of 5.8% due to adverse events.
- R&D expenses $2.5M (up from $0.3M) driven by clinical trial costs; G&A $1.3M (up from $0.7M).
- Net loss $3.8M ($1.99 per share) vs $1.0M ($1.15) in Q2 2024; no revenue reported.
- Cash $13.4M expected to fund operations through Q1 2026; Halneuron fast-tracked by FDA.
- IMC-1 (fibromyalgia) ready for Phase 3; IMC-2 (Long-COVID) paused due to government funding uncertainty.
item 2.02item 9.01