earnings
confidence high
sentiment neutral
materiality 0.60
Nautilus Q2 net loss $14.5M; first revenue $0.2M; delays broadscale assay, accelerates proteoforms
Nautilus Biotechnology, Inc.
- Revenue of $0.2M from MJFF grant and first Early Access customer; net loss $14.5M vs $15.0M YoY.
- Operating expenses $15.9M, down 7% YoY; cash, equivalents and investments $129.2M.
- Voyager platform pre-orders expected early 2027, shipments mid-2027; proteoform kits GA mid-2027.
- Broadscale assay delayed; no 2027 GA timeline; company reallocating resources to proteoforms.
- AKT1 proteoform assay Early Access late 2026; second oncology assay mid-2027.