earnings
confidence high
sentiment neutral
materiality 0.55
Nautilus Biotechnology reports FY2022 net loss of $57.9M; cash runway into 2025
Nautilus Biotechnology, Inc.
2022-FY EPS reported
-$0.46
- Net loss $57.9M for FY2022 vs $50.3M in FY2021; operating expenses $63.6M, up 26%.
- Cash, cash equivalents, and investments $313.6M as of Dec 31, 2022; runway into 2025.
- Strategic partnership with TGen to study Nautilus platform for DIPG childhood cancer.
- Opened San Diego office in University Town Center to expand geographic footprint.
- Q4 2022 expenses below peak Q4 2021 levels, helping preserve cash.