earnings
confidence high
sentiment negative
materiality 0.65
Glucotrack Q1 net loss widens to $6.8M; cash $9.1M; on track for CBGM study Q3 2025
Glucotrack, Inc.
2025-Q1 EPS reported
-$0.67
- Net loss $6.8M vs $2.9M YoY; includes $3.4M non-cash derivative liability change.
- R&D expense $1.9M (down $0.2M); MG&A $1.6M (up $0.8M on legal/professional fees).
- Cash $9.1M at Mar 31, 2025 vs $5.6M at Dec 31, 2024; $6.4M from financing.
- First patients in Australian CBGM feasibility study expected Q3 2025; FDA IDE pilot study expected Q4 2025.
- First-in-human study met primary endpoint; no device-related serious adverse events.