earnings
confidence high
sentiment neutral
materiality 0.70
Intensity Therapeutics reports 2024 net loss of $16.3M; cash $2.6M; trial enrollment ongoing
INTENSITY THERAPEUTICS, INC.
- Net loss of $16.3M for FY2024 vs $10.5M in 2023; R&D expenses rose to $10.5M from $4.8M.
- Cash and cash equivalents total $2.6M as of December 31, 2024.
- INVINCIBLE-3 (Phase 3 sarcoma) has 32 sites contracted, 25 patients screened; enrollment expected by first half 2026.
- INVINCIBLE-4 (Phase 2 TNBC) has 8 Swiss sites activated, several patients treated; enrollment expected end Q1 2026.