earnings
confidence high
sentiment negative
materiality 0.65
Enveric Biosciences Q4 2024 net loss $3.2M, cash $2.2M; out-licenses up to $144M
Enveric Biosciences, Inc.
2025-Q1 EPS reported
-$1.22
- Net loss $3.2M for Q4 2024; diluted EPS loss $4.83; cash-on-hand $2.2M.
- Out-licensing deals with Aries ($61M milestones), MycoMedica ($62M), Restoration Biologics ($82M).
- Lead candidate EB-003 confirmed oral bioavailability and brain exposure; pre-IND activities ongoing.
- Closed $5M public offering in 2024 to fund development.