earnings
confidence high
sentiment neutral
materiality 0.70
Quince Therapeutics FY2024 net loss $56.8M; Phase 3 NEAT trial exceeds 50% enrollment
Quince Therapeutics, Inc.
- Net loss of $56.8M ($1.31/share) for FY2024; cash $40.8M provides runway into 2026.
- Phase 3 NEAT trial enrolled 61 participants (>50%); topline results expected Q4 2025.
- Received FDA Fast Track designation (June 2024); Phase 3 ATTeST results published in The Lancet Neurology.
- R&D $18.6M, G&A $17.6M; operating cash burn $31.9M includes $5M milestone and $17.1M goodwill impairment.
- Appointed Dr. William Whitehouse to SAB; USPTO allowed patent claims extending to 2036 for eDSP in A-T.