earnings
confidence high
sentiment neutral
materiality 0.55
Shattuck Labs Q1 net loss $14.8M; Phase 1 SL-325 enrollment complete, data Q2 2026
Shattuck Labs, Inc.
2026-Q1 EPS reported
-$0.13
- Cash and equivalents $90.4M as of March 31, 2026, up from $60.9M a year ago; cash runway into 2029 assuming warrant exercise.
- Phase 1 trial of SL-325 (DR3 blocking antibody) enrollment complete; safety, PK, PD data expected Q2 2026.
- Phase 2 trial in Crohn's disease expected to initiate Q3 2026, subject to positive Phase 1 data and regulatory alignment.
- Net loss $14.8M ($0.13 per share) vs $13.7M ($0.27) in Q1 2025; R&D expenses $10.9M vs $9.9M.
- Lead bispecific DR3 antibody in IND-enabling activities; target disclosure and preclinical data expected Q2 2026.