earnings
confidence high
sentiment neutral
materiality 0.70
Shattuck Labs Q2 net loss $21.3M ($0.50/sh); cash $117.2M; SL-172154 trials advancing
Shattuck Labs, Inc.
2023-Q2 EPS reported
-$0.99
revenue$257,000
- Cash and investments $117.2M at June 30, 2023, down from $214.2M a year earlier; runway through end of 2024.
- Net loss of $21.3M ($0.50 per share) for Q2 2023 vs. $27.4M ($0.65) in Q2 2022; R&D spend decreased to $18.2M.
- Phase 1A PROC monotherapy data presented at ASCO 2023; 3 mg/kg dose selected for combination cohorts.
- Enrollment completed in dose-escalation part of Phase 1A/B for SL-172154 in AML/HR-MDS; initial combo data expected Q4 2023.
- GADLEN platform: second NHP toxicology study showed inferior B-cell depletion; no IND planned until resolved.