earnings
confidence high
sentiment neutral
materiality 0.65
SCYNEXIS reports Q3 net loss $0.6M; BREXAFEMME net sales $0.5M in first partial quarter
SCYNEXIS INC
2021-Q3 EPS reported
-$0.73
revenue$12,566,000
- BREXAFEMME net sales $0.5M in partial Q3; IQVIA 1,006 prescriptions in Q3, 1,100 in October.
- R&D expense $4.4M (-45% YoY); SG&A $15.4M (+341% YoY driven by commercial launch costs).
- Net loss $0.6M ($0.02 per basic share) vs net income $0.9M in Q3 2020.
- Cash $100.1M; runway projected into 2023.
- CFO Eric Francois resigning; Danforth Advisors providing interim CFO Lawrence Hoffman.