earnings
confidence high
sentiment negative
materiality 0.60
Nautilus Q3 net loss widens to $14.5M; OpEx up 262%; cash at $374M
Nautilus Biotechnology, Inc.
2021-Q3 EPS reported
-$0.47
- Net loss of $14.5M for Q3 2021 vs. $4.0M loss in Q3 2020.
- Operating expenses $14.6M, up 262% YoY on higher headcount and public-company costs.
- Cash, cash equivalents and investments totaled $374.0M at September 30, 2021.
- Strategic partnership with Abcam and two new research collaborations (pharma and MD Anderson).
- Published theoretical foundation for PrISM single-molecule protein identification method.