earnings
confidence high
sentiment negative
materiality 0.55
Xenetic Biosciences reports 2025 net loss $2.7M, cash $7.9M, advances DNase program
Xenetic Biosciences, Inc.
- Net loss $2.7M for FY2025; royalty revenue from Takeda sublicense rose 19% to $3.0M.
- R&D expenses decreased 7% to $3.1M (excl. prior-year impairment); G&A down 20% to $2.7M.
- Ended year with $7.9M cash, up $1.7M from prior year-end, aided by $4.0M October public offering.
- Preclinical data supporting DNase I for NETs in cancers; progressing toward IND submission.
- Pursuing strategic alternatives to maximize shareholder value.