earnings
confidence high
sentiment neutral
materiality 0.65
CNS Pharma Q3 net loss $4.5M; Berubicin enrollment at 239, interim data Dec 2023
CNS Pharmaceuticals, Inc.
2023-Q3 EPS reported
-$4.05
- Net loss of $4.5M vs $3.4M in Q3 2022; R&D expenses rose to $3.4M on clinical progress.
- Cash at Sept 30 was $0.9M; raised $2.6M in October via warrant/ATM; expects to fund operations through Q4 2023.
- Enrollment in potentially pivotal Berubicin GBM study reached 239 patients; full enrollment expected Dec 2023.
- Topline data from interim analysis expected in December 2023; 45 of 60 trial sites activated across US and Europe.