earnings
confidence high
sentiment neutral
materiality 0.60
Nautilus Biotechnology reports FY2021 net loss of $50.3M; operating expenses up 221% to $50.5M
Nautilus Biotechnology, Inc.
2021-FY EPS reported
-$0.60
- FY2021 net loss $50.3M, compared to $15.6M in 2020; operating expenses $50.5M, up 221%.
- Cash, equivalents, investments $362.1M as of Dec 31, 2021; raised ~$345.5M via SPAC merger in June 2021.
- Research collaborations with Amgen and MD Anderson; strategic partnership with Abcam for reagents.
- Platform commercialization targeted by end of 2023; published PrISM proteomics approach.