earnings
confidence high
sentiment neutral
materiality 0.55
Shattuck Labs reports Q1 net loss $20.7M; cash $135.5M; clinical milestones on track
Shattuck Labs, Inc.
2023-Q1 EPS reported
-$0.49
revenue$57,000
- Net loss $20.7M ($0.49 per share) vs $24.5M ($0.58 per share) in Q1 2022.
- Cash and investments $135.5M at March 31, 2023, expected to fund operations through year-end 2024.
- R&D expenses $16.7M (down from $19.2M); G&A $5.1M (flat YoY).
- Complete Phase 1A monotherapy data for SL-172154 in PROC to be presented at ASCO June 2023.
- Initial Phase 1B combo data (liposomal doxorubicin) expected mid-2023; mirvetuximab combo trial dosed first patients.