earnings
confidence high
sentiment positive
materiality 0.65
Azitra Q1 net loss $3.1M, cash $3.2M; secures up to $20M funding from Alumni Capital
Azitra, Inc.
2025-Q1 EPS reported
-$0.23
- Net loss $3.1M for Q1 2025 vs $2.9M in Q1 2024; R&D $1.3M, G&A $1.9M.
- Cash $3.2M as of March 31, 2025; signed up to $20M purchase agreement with Alumni Capital LP.
- Closed two public offerings raising $2.2M.
- ATR-12 Phase 1b initial safety data expected 1H 2025; topline data by YE 2025.
- ATR-04 Phase 1/2 first patient dosing expected 1H 2025; ASCO poster accepted.