earnings
confidence high
sentiment neutral
materiality 0.60
Black Diamond Q2 2024 net loss $19.9M; cash runway into Q4 2025; Phase 2 data on track
Black Diamond Therapeutics, Inc.
2024-Q2 EPS reported
-$0.71
- Cash, equivalents, investments $123.0M at June 30, 2024, down from $131.4M at Dec 31, 2023; runway into Q4 2025.
- Net loss $19.9M in Q2 2024 vs $19.2M in Q2 2023; R&D expenses decreased to $12.6M from $13.2M.
- Initial Phase 2 data for BDTX-1535 in 2L/3L EGFRm NSCLC on track for later Q3 2024; 1L data in Q1 2025.
- Initial Phase 1 data for BDTX-4933 in KRASm NSCLC on track for Q4 2024; ESMO poster in September 2024.