earnings
confidence high
sentiment neutral
materiality 0.60
Cardiff Oncology Q1 2023: Cash $97M, first patient dosed in ONSEMBLE trial
Cardiff Oncology, Inc.
2023-Q1 EPS reported
-$0.25
revenue$83,000
- Cash, cash equivalents & short-term investments of $97M as of March 31, 2023; projected runway into 2025.
- First patient dosed in Phase 2 ONSEMBLE trial of onvansertib for KRAS/NRAS-mutated metastatic CRC.
- Appointed Fairooz Kabbinavar, MD, FACP, as Chief Medical Officer.
- Operating expenses $12.1M in Q1 2023, up from $11.1M in Q1 2022.
- Net cash used in operations $8.7M in Q1 2023, compared to $10.2M in Q1 2022.