earnings
confidence high
sentiment neutral
materiality 0.60
Nautilus Biotechnology Q2 2021 net loss of $10.7M; raised $345.5M in business combination
Nautilus Biotechnology, Inc.
2021-Q2 EPS reported
-$0.43
- Completed business combination with ARYA Sciences, receiving gross proceeds of $345.5M.
- Q2 2021 operating expenses $10.7M (up 215% YoY); net loss $10.7M vs $3.4M in Q2 2020.
- Cash and investments $388.4M as of June 30, 2021.
- Appointed Emma Lundberg, Ph.D. to Scientific Advisory Board.
- Planning platform commercialization in late-2023.