earnings
confidence high
sentiment positive
materiality 0.75
vTv Therapeutics reports Q1 net income of $24.1M on $36.8M license revenue; CATT1 enrollment on track
vTv Therapeutics Inc.
- Net income attributable to shareholders of $24.1M ($1.94 basic EPS) vs. net loss of $5.1M a year ago.
- Revenue of $36.8M from Newsoara license amendment; $20M upfront plus up to ~$115M milestones.
- Cash $98.1M at March 31, 2026, up from $88.9M; company says funds through CATT1 topline readout.
- Phase 3 CATT1 trial for cadisegliatin in type 1 diabetes — enrollment on track for completion in Q3 2026.
- R&D expenses $9.0M (vs. $2.8M) driven by CATT1 trial investment; G&A $4.6M (vs. $3.7M).