earnings
confidence high
sentiment positive
materiality 0.60
Werewolf Therapeutics reports Q2 2021 net loss $10.9M; cash of $183.2M after IPO
Werewolf Therapeutics, Inc.
2021-Q2 EPS reported
-$17.86
- Completed May 2021 IPO: 7.5M shares at $16.00, net proceeds $109.2M.
- Cash and cash equivalents $183.2M at June 30, 2021, up from $92.6M at Dec 31, 2020.
- Q2 2021 net loss $10.9M vs $2.3M Q2 2020; R&D expenses $7.3M vs $3.8M.
- Appointed Chulani Karunatilake as CTO and Mike Sherman to Board of Directors.
- Existing cash expected to fund operations through at least Q2 2023.