earnings
confidence high
sentiment neutral
materiality 0.70
Lucid Diagnostics Q1 2025 revenue $0.8M, net loss $36M; raises ~$46.7M in equity
Lucid Diagnostics Inc.
2025-Q1 EPS reported
-$0.52
revenue$828,000
- Revenue of $0.8M from 3,034 EsoGuard tests; GAAP net loss $36.0M ($0.52/share); adjusted loss $11.2M ($0.16/share).
- Ended Q1 with $25.2M cash; subsequent public offering netted $16.1M; combined with earlier offerings total ~$46.7M raised.
- Partnered with major health system for EsoGuard testing; NCI study supports expanded indication without GERD, increasing market 70%.
- Cash-pay and employer channels expected to start contractually-guaranteed revenue in 2H25.
- Proforma cash over $40M at Q1 end; runway extended past key Medicare and other reimbursement milestones.