earnings
confidence high
sentiment positive
materiality 0.65
Ensysce Q1 net loss narrows to $1.9M; PF614-MPAR trial Part 1 completes, patent allowed for OUD candidate
Ensysce Biosciences, Inc.
2025-Q1 EPS reported
-$1.39
revenue$1,319,772
- Net loss of $1.9M vs $3.1M in Q1 2024; R&D spend rose to $1.9M on PF614-MPAR activity.
- Cash $3.1M at March 31, 2025; subsequent warrant exercises raised $2.2M gross.
- PF614-MPAR-102 Part 1 confirmed overdose protection at higher doses; Parts 2 & 3 enrollment underway.
- U.S. patent allowed for PF9001 (OUD) covering composition of matter and method of use.
- Federal grant funding increased to $1.3M from $0.3M, supporting MPAR and OUD programs.