earnings
confidence high
sentiment negative
materiality 0.75
Serina Therapeutics Q3 net loss $4.6M; FDA places SER-252 on clinical hold
Serina Therapeutics, Inc.
2025-Q3 EPS reported
-$1.60
revenue$130,000
- Net loss of $4.6M ($0.45 per share) vs net income of $1.4M in Q3 2024.
- FDA placed IND for SER-252 on clinical hold due to excipient question; not related to active drug.
- Secured up to $20M convertible note/warrant financing; first $5M drawn in September 2025.
- ATM program raised $2.8M net; 474,712 shares issued at avg $6.00 per share.
- Cash $8.6M as of Sept 30; R&D expenses rose to $3.6M from $2.4M year-over-year.
item 2.02item 9.01