earnings
confidence high
sentiment neutral
materiality 0.60
X4 Pharma Q1 net loss $24.0M; cash $94.4M into Q2 2024; mavorixafor NDA on track
X4 Pharmaceuticals, Inc
2022-Q3 EPS reported
-$0.16
- Net loss of $24.0M in Q1 2023 vs $22.0M in Q1 2022; R&D expenses $22.1M including $5.0M milestone accrual.
- Cash, equivalents & restricted cash $94.4M as of March 31, 2023; sufficient to fund operations into Q2 2024.
- U.S. NDA submission for mavorixafor in WHIM syndrome on track for early second half of 2023.
- Phase 3 WHIM trial infection data to be presented at May 16 webinar and May 21 CIS oral presentation.
- Phase 2 chronic neutropenia trial data and regulatory path clarity expected in Q2/Q3 2023.