earnings
confidence high
sentiment neutral
materiality 0.65
Ocugen reports FY2022 net loss per share $0.38; cash runway into Q1 2024; OCU400 enrollment complete
Ocugen, Inc.
2022-FY EPS reported
-$0.38
revenue$2,488,000
- FY2022 net loss $0.38/share vs $0.30 prior year; Q4 net loss $0.10/share vs $0.07.
- Cash, equivalents, and investments $90.9M as of Dec 31, 2022; estimated runway into Q1 2024.
- OCU400 Phase 1/2 RP enrollment completed; high dose set; Phase 3 targeted end of 2023.
- IND submitted for OCU200 (diabetic macular edema); OCU410/OCU410ST IND planned Q2 2023.
- NeoCart Phase 3 trial design agreed with FDA; start expected H1 2024.