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Werewolf Therapeutics Q1 net loss $13.5M; sells JZP898 to Jazz and repays K2 debt
Cash and cash equivalents $46.5M as of March 31, 2026, vs $57.1M at Dec 31, 2025.
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Werewolf Therapeutics announces strategic alternatives review; Q4 2025 net loss $8.4M
Engaged Piper Sandler as exclusive financial advisor to explore strategic alternatives including sale, merger, or asset sale.
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Werewolf Therapeutics initiates strategic alternatives review, hires Piper Sandler
Feb 24, 2026: Werewolf (HOWL) announces exploration of strategic alternatives including sale, merger, or licensing.
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Werewolf Therapeutics cuts 64% of workforce; CFO and CMO depart; appoints new principal financial officer
Reduction in force affecting 64% of workforce; expected completion by Feb 13, 2026.
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Werewolf Therapeutics receives Nasdaq deficiency notice for bid price below $1.00
Notice dated Feb 4, 2026: bid price closed below $1.00 for 30 consecutive business days.
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Werewolf Therapeutics reports 21% ORR for WTX-124 in melanoma, seeks partnerships for INDUKINE programs
WTX-124 monotherapy achieved 21% ORR in heavily pretreated advanced melanoma; 30% ORR in patients not primary resistant to prior immunotherapy.
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Werewolf Therapeutics Q3 net loss $16.4M, cash $65.7M; key trial updates due Q4 2025
Cash and equivalents $65.7M as of Sept 30, 2025, expected to fund operations into Q4 2026.
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Werewolf Therapeutics Q2 net loss $18M; WTX-124 data on track for Q4 2025
Cash $77.6M as of June 30, 2025, providing runway into Q4 2026.
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Werewolf Therapeutics receives Nasdaq deficiency notice for low bid price; has until Nov 10, 2025 to cure
Stock bid price closed below $1.00 for 30 consecutive business days, triggering Nasdaq deficiency notice.
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Werewolf Therapeutics Q1 net loss $18.1M; cash $92M; WTX-124 data/FDA in H2 2025
Net loss of $18.1M in Q1 2025 vs $16.2M in Q1 2024; R&D spend $13.1M.
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Werewolf Therapeutics reports Q4 2024 net loss of $20.4M; cash runway through Q2 2026
Cash and cash equivalents $111.0M at Dec 31, 2024; sufficient to fund operations through Q2 2026.
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Werewolf Therapeutics reports Q3 net loss $16.7M; WTX-330 partial response in melanoma
Net loss $16.7M for Q3 2024 vs $8.3M in Q3 2023; cash $122.8M, runway through Q2 2026.
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Werewolf Therapeutics Q2 2024 net loss $17.2M; positive clinical data for WTX-124 and WTX-330
Net loss of $17.2M in Q2 2024 vs $5.1M in Q2 2023; R&D expenses rose to $15.3M from $9.6M.
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Werewolf Therapeutics' WTX-330 Phase 1 shows unconfirmed partial response in melanoma; improved tolerability
WTX-330 achieved 23-fold higher systemic IL-12 prodrug concentration vs rhIL-12 at 0.024 mg/kg; free IL-12 <1.6% of prodrug (cutoff June 12, 2024).
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WTX-124 Phase 1/1b shows 3 objective responses (1 CR) in checkpoint-refractory solid tumors
3 objective responses out of 35 monotherapy-treated patients: 1 confirmed complete response, 2 partial responses.
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Werewolf Therapeutics reports Q1 net loss of $16.2M; cash runway extended to Q1 2026
Net loss $16.2M in Q1 2024, up from $12.0M loss in Q1 2023; R&D expenses rose to $12.9M.
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Werewolf Therapeutics reports Q4 2023 net loss $12M; CSO retiring March 29, 2024
Net loss of $12.0M in Q4 2023 ($37.4M full year) vs $11.9M in Q4 2022.
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Werewolf Therapeutics outlines 2024 priorities: WTX-124/330 data, cash runway through Q1 2025
WTX-124: updated monotherapy and initial combo data expected in 1H 2024; RDE selection and dose expansion planned.
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Werewolf Therapeutics appoints Dr. Michael B. Atkins, cancer immunotherapy expert, to board
Dr. Atkins appointed as Class III director effective Jan. 4, 2024; will serve until 2024 annual meeting.
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Werewolf Therapeutics Q3 net loss $8.3M; WTX-124 shows early antitumor activity
Cash $130.1M as of Sep 30; sufficient to fund operations through Q4 2024.
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Werewolf announces preliminary Phase 1/1b data for WTX-124 showing proof of mechanism and early antitumor activity
16 heavily pretreated patients in first four monotherapy dose cohorts (1-12 mg); no dose-limiting toxicities or VLS observed.
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Werewolf Therapeutics Q2 net loss narrows to $5.1M; cash runway through Q4 2024; WTX-124 data expected 4Q23
Net loss $5.1M ($0.16/diluted share) vs $14.6M ($0.83) in Q2 2022; collaboration revenue $8.1M (up from $4.1M).
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Werewolf Therapeutics Q1 net loss $12.0M; COO retiring; WTX-124 data expected 4Q23
Net loss of $12.0M improved from $15.3M in Q1 2022; cash and equivalents $147.9M.
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Werewolf Therapeutics reports Q4 2022 net loss $11.9M; cash runway extended through Q4 2024
Net loss $11.9M for Q4 2022, compared to $17.9M in Q4 2021; full year net loss $53.8M (2021: $50.0M).
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Werewolf Therapeutics Q2 net loss $14.6M; FDA clears IND for WTX-124; $145.7M cash runway through Q4 2023
Net loss of $14.6M in Q2 2022, vs $10.9M in Q2 2021; R&D expenses rose to $13.9M.
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Werewolf Therapeutics Q1 net loss $15.3M; Jazz Pharma license and $40M loan extend runway
Net loss of $15.3M in Q1 2022 vs. $7.4M year-ago; R&D expense rose to $10.9M from $4.8M.
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Werewolf Therapeutics secures $40M loan facility; director resigns
Up to $40M term loan from Pacific Western Bank: $20M available immediately, $20M contingent on FDA acceptance of two INDs by March 2023.
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Werewolf Therapeutics enters $15M upfront license deal with Jazz for WTX-613 (IFNα INDUKINE)
Upfront payment of $15M within 10 days of signing; Jazz to reimburse pre-clinical costs.
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Werewolf Therapeutics reports 2021 net loss $50M, cash $157.5M; IND filings on track
Net loss $17.9M in Q4 2021 ($7.4M Q4 2020); full-year loss $50.0M ($15.0M 2020).
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Werewolf Therapeutics reports Q2 2021 net loss $10.9M; cash of $183.2M after IPO
Completed May 2021 IPO: 7.5M shares at $16.00, net proceeds $109.2M.