earnings
confidence high
sentiment positive
materiality 0.65
Cardiff Oncology Q3 cash burn $7.5M; Phase 1b/2 mCRC data show 35% ORR; ONSEMBLE trial on track for Q4 activation
Cardiff Oncology, Inc.
2022-Q3 EPS reported
-$0.69
revenue$258,000
- Cash, equivalents, and investments $114M as of Sep 30, 2022; projected runway into 2025.
- Q3 2022 net cash used in operations $7.5M vs $5.5M in Q3 2021.
- Phase 1b/2 mCRC trial: ORR 35% (n=48), mPFS 9.3 months, mDoR 11.7 months.
- ONSEMBLE randomized Phase 2 trial in KRAS/NRAS-mutated mCRC activation expected Q4 2022.
- Bevacizumab-naïve subgroup ORR 69% and mPFS 13.5 months vs historical ~25% and 6.9 months.