earnings
confidence high
sentiment neutral
materiality 0.65
Evofem Q1 net income $1.0M, revenue $0.8M; plans 55-60% PHEXXI COGS cut
Evofem Biosciences, Inc.
2025-Q1 EPS reported
$0.00
revenue$845,000
- Net sales $0.8M, down 78% from $3.6M YoY due to order timing after Q4 2024 stocking.
- Net income $1.0M ($0.01 basic EPS) vs net loss $4.9M ($0.16 loss) in Q1 2024.
- Partnered with Windtree to reduce PHEXXI manufacturing cost by 55-60%; Evofem bears no tech transfer costs.
- Received $1.5M in April from sale of notes/warrants to Aditxt under merger agreement.
- Cash and restricted cash $1.1M at March 31, 2025; new U.S. patent for SOLOSEC extends to 2040.