earnings
confidence high
sentiment neutral
materiality 0.75
X4 Pharma Q3 net loss $36.7M; positive Phase 2 CN data; XOLREMDI launch underway
X4 Pharmaceuticals, Inc
2024-Q3 EPS reported
$0.01
revenue$1,123,000
- Q3 net loss $36.7M vs $2.3M loss in Q3 2023; includes $1.9M non-cash loss on warrant liability.
- Net product revenue of $0.6M from XOLREMDI (mavorixafor) for WHIM syndrome, launched April 2024.
- Positive Phase 2 results: mavorixafor durably increased absolute neutrophil counts and enabled G-CSF reduction in chronic neutropenia.
- Phase 3 4WARD trial on track to fully enroll mid-2025; regulatory approvals in ~85% of targeted countries.
- Cash $135.8M, sufficient into late 2025 (excludes potential XOLREMDI revenue).