earnings
confidence high
sentiment neutral
materiality 0.70
Senti Bio Q3 net loss $28.9M; cash $10.5M; SENTI-202 data expected Q4 2024
Senti Biosciences, Inc.
2024-Q3 EPS reported
-$11.41
- Net loss $28.9M ($6.31 per share); R&D spend $8.7M (down from $9.1M YoY).
- Cash and equivalents $10.5M at Sept 30; subsequent $2.5M CIRM tranche received.
- Phase 1 enrollment of SENTI-202 ongoing; initial safety/efficacy data on track by year-end.
- CIRM grant total $8.0M; $4.9M received through Nov 2024.
- SENTI-301A pilot trial with Celest expects first patient dosing in Q4 2024.