earnings
confidence high
sentiment neutral
materiality 0.50
Nautilus Q2 net loss $15.8M; cash runway extended through 2025-2026
Nautilus Biotechnology, Inc.
2023-Q2 EPS reported
-$0.25
- Operating expenses $19.0M, up 23% YoY from $15.5M driven by product development headcount.
- Net loss $15.8M vs $14.7M in Q2 2022; company pre-revenue, still in development stage.
- Cash, equivalents, and investments $286.7M as of June 30, 2023; CEO says funds operations into 2026.
- CEO reports progress integrating sample prep, probes, chips, instrument, and software for commercial launch.