earnings
confidence high
sentiment neutral
materiality 0.65
Senti Bio reports FY2022 net loss of $58.2M; cash runway through Q1 2024; IND on track for H2 2023
Senti Biosciences, Inc.
- Cash, cash equivalents & short-term investments of $98.6M as of Dec 31, 2022; expect funding through at least Q1 2024.
- FY2022 net loss $58.2M ($2.23 per share) vs $55.3M ($19.00 per share) in 2021; R&D expenses $34.1M, G&A $40.8M.
- SENTI-202 IND application for AML/MDS planned in H2 2023; preclinical data to be presented at AACR April 2023.
- Capital expenditures of $8.5M in Q4 2022 driven by cGMP manufacturing facility buildout and equipment.
- Collaborations with Spark Therapeutics and BlueRock Therapeutics advancing Gene Circuit programs.