earnings
confidence high
sentiment neutral
materiality 0.65
Senti Bio reports Q3 net loss of $16.6M; cash $114.9M; SENTI-202 and SENTI-301A IND filings on track for 2023
Senti Biosciences, Inc.
2022-Q3 EPS reported
-$1.99
revenue$4,227,000
- Net loss $16.6M ($0.38/share) for Q3 2022; R&D expenses $8.1M, G&A $10.8M.
- Cash and equivalents $114.9M as of Sep 30, 2022; expected cash runway into 2024.
- SENTI-202 IND on track for 2023; Phase 1 trial planned for CD33/FLT3+ hematologic malignancies including AML and MDS.
- Selected SENTI-301A development candidate for GPC3+ solid tumors including HCC; IND expected in 2023.
- Preclinical data for SENTI-301A and SENTI-401 presented at SITC; SENTI-202 data to be presented at ASH Dec 2022.