earnings
confidence high
sentiment positive
materiality 0.80
Vivani Medical reports FY2024 net loss $23.5M; obesity implant trials on track for mid-2025 data
Vivani Medical, Inc.
2025-Q1 EPS reported
-$0.11
- FY2024 net loss $23.5M vs $25.7M YoY; cash $19.7M at Dec 31, 2024.
- LIBERATE-1 (NPM-115 exenatide) fully enrolled; top-line data expected mid-2025.
- NPM-139 (semaglutide) preclinical data positive, once-yearly dosing potential.
- Closed $8.25M equity financing on March 27, 2025 to fund into Q2 2026.
- Plans to spin off Cortigent subsidiary as independent public company.