earnings
confidence high
sentiment neutral
materiality 0.65
Aethlon Medical reports FY2024 net loss of $12.2M; cash at $9.1M; oncology trial approved
AETHLON MEDICAL INC
- Net loss of $12.2M for FY ended March 31, 2024, compared to $12.0M in FY2023.
- Cash balance of $5.4M at March 31, 2024, increased to $9.1M as of June 25, 2024.
- Received HREC ethics approval for Hemopurifier safety/feasibility oncology trial in Australia, valid through 2027.
- FDA approved internal manufacturing facility in April 2024.
- COVID-19 trial in India remains open with one patient treated; monitoring H5N1 avian flu situation.