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Virgin Galactic(SPCE) - 2025 Q1 - Quarterly Report
2025-05-15 20:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See th ...
Aptevo Therapeutics(APVO) - 2025 Q1 - Quarterly Report
2025-05-15 20:10
For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-37746 APTEVO THERAPEUTICS INC. (Exact Name of Registrant as Specified in its Charter) Delaware 81-1567056 (State or other jurisdi ...
Reviva Pharmaceuticals (RVPH) - 2025 Q1 - Quarterly Results
2025-05-15 20:10
Exhibit 99.1 Reviva Reports First Quarter 2025 Financial Results and Recent Business Highlights – 446 participants completed the brilaroxazine long-term open-label extension (OLE) trial with 156 completing one-year and 301 completing six months of treatment – – Full data set from RECOVER OLE highlighting clinical response, safety, ef icacy, adherence, and biomarker data expected in Q2 2025 – Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Secti ...
Fortress Biotech(FBIO) - 2025 Q1 - Quarterly Results
2025-05-15 20:10
Financial Performance - Fortress Biotech reported consolidated net product revenue of $13.1 million for Q1 2025, compared to $13.0 million in Q1 2024, reflecting a slight increase[15]. - Journey Medical's net product revenues for Q1 2025 were $13.1 million, slightly up from $13.0 million in Q1 2024[9]. - Product revenue for the three months ended March 31, 2025, was $13,139,000, a slight increase from $13,030,000 in the same period of 2024, reflecting a growth of 0.8%[21]. - Fortress reported a consolidated net loss attributable to common stockholders of $(12.7) million, or $(0.48) per share, for Q1 2025, an improvement from a net loss of $(17.9) million, or $(1.04) per share, in Q1 2024[15]. - Net loss for the three months ended March 31, 2025, was $24,691,000, compared to a net loss of $39,023,000 in Q1 2024, indicating an improvement of 36.7%[21]. - Net loss attributable to common stockholders decreased to $12,715,000 in Q1 2025 from $17,860,000 in Q1 2024, a reduction of 29.1%[21]. Cash and Assets - Fortress' consolidated cash and cash equivalents increased by $34.0 million to $91.3 million as of March 31, 2025, compared to $57.3 million at the end of 2024[15]. - Cash and cash equivalents increased to $91,339,000 as of March 31, 2025, up from $57,263,000 at December 31, 2024, representing a growth of 59.5%[20]. - Total assets increased to $178,071,000 as of March 31, 2025, up from $144,223,000 at December 31, 2024, representing a growth of 23.5%[20]. - Total liabilities remained relatively stable at $145,585,000 as of March 31, 2025, compared to $145,867,000 at December 31, 2024, showing a slight decrease of 0.2%[20]. - The accumulated deficit increased to $(751,451,000) as of March 31, 2025, from $(740,867,000) at December 31, 2024, reflecting a change of 1.6%[20]. Expenses - Fortress' consolidated research and development expenses decreased to $3.9 million in Q1 2025 from $24.8 million in Q1 2024[15]. - Total operating expenses decreased to $35,456,000 in Q1 2025 from $49,596,000 in Q1 2024, a reduction of 28.5%[21]. - Research and development expenses significantly decreased to $3,938,000 in Q1 2025 from $24,839,000 in Q1 2024, a decline of 84.2%[21]. - Consolidated selling, general and administrative costs rose to $25.7 million in Q1 2025, compared to $17.9 million in Q1 2024[15]. Strategic Developments - The FDA accepted the New Drug Application for CUTX-101 with a PDUFA goal date of September 30, 2025, which may also result in a Priority Review Voucher[2]. - The commercial launch of Emrosi™ for treating inflammatory lesions of rosacea began in March 2025, with initial prescriptions filled[9]. - Fortress entered into a strategic collaboration with Partex NV to evaluate biopharmaceutical compounds using artificial intelligence for potential acquisition or licensing[15]. - The company expects to receive approximately $28 million at closing from the acquisition of Checkpoint Therapeutics by Sun Pharma, along with future potential royalties and a contingent value right payment[2]. Shareholder Information - The weighted average common shares outstanding increased to 26,450,218 in Q1 2025 from 17,151,945 in Q1 2024, an increase of 54.3%[21].
Septerna, Inc.(SEPN) - 2025 Q1 - Quarterly Report
2025-05-15 20:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 001-42382 Septerna, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 84-3891440 ( ...
ESS Tech(GWH) - 2025 Q1 - Quarterly Results
2025-05-15 20:09
Financial Performance - Total revenue for Q1 2025 was $0.6 million, a decrease from $2.7 million in Q1 2024[14] - The company reported a net loss of $18.0 million for Q1 2025, compared to a net loss of $18.3 million in Q1 2024[14] - The company’s gross profit (loss) for Q1 2025 was $(8.1) million, slightly improved from $(8.4) million in Q1 2024[14] - Net loss for Q1 2025 was $18,026 thousand, a slight improvement from a net loss of $18,310 thousand in Q1 2024, representing a 1.6% decrease in losses[18] - Adjusted EBITDA for Q1 2025 was reported at $(14,954) thousand, compared to $(15,421) thousand in Q1 2024, showing a 3% improvement[23] Cash Flow and Assets - Cash and cash equivalents decreased to $8.4 million as of March 31, 2025, down from $13.3 million at the end of 2024[16] - Total assets decreased to $53.6 million as of March 31, 2025, compared to $71.8 million at the end of 2024[16] - Cash flows from operating activities resulted in a net cash outflow of $18,238 thousand in Q1 2025, compared to $18,910 thousand in Q1 2024, a decrease of 3.6%[18] - Cash and cash equivalents at the end of Q1 2025 were $10,196 thousand, down from $38,184 thousand at the end of Q1 2024, a decline of 73%[20] - The company reported a net cash provided by investing activities of $13,252 thousand in Q1 2025, compared to $34,692 thousand in Q1 2024, a decrease of 61%[18] Operating Expenses - Operating expenses for Q1 2025 totaled $10.0 million, down from $11.1 million in Q1 2024[14] - Total operating expenses for Q1 2025 were $9,999 thousand, down from $11,106 thousand in Q1 2024, indicating a reduction of approximately 10%[21] - Non-GAAP total operating expenses decreased to $9,385 thousand in Q1 2025 from $9,176 thousand in Q1 2024, reflecting a 2.3% increase[21] - Research and development expenses for Q1 2025 were $2,478 thousand, down from $3,546 thousand in Q1 2024, a reduction of 30%[21] - Non-cash stock-based compensation expense decreased to $614 thousand in Q1 2025 from $1,930 thousand in Q1 2024, a decline of 68%[21] Project and Proposal Activity - The company has been awarded a 50 MWh Energy Base project with an Arizona utility, expected to conclude contracting by September, structured as a Power Purchase Agreement[5] - Proposal activity has increased significantly, with submissions totaling approximately 1.2 GWh (or $400 million) over the last two quarters, with over 70% representing the Energy Base[5] Operational Engagement - The company’s global fleet is nearing 2.5 GWh of transacted energy, indicating strong operational engagement[2] - The company is actively pursuing options to extend its runway in a challenging capital markets environment[2]
Take-Two Interactive Software(TTWO) - 2025 Q4 - Annual Results
2025-05-15 20:09
Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: (Investor Relations) (Corporate Press) Nicole Shevins Alan Lewis Senior Vice President Vice President Investor Relations & Corporate Communications Take-Two Interactive Software, Inc. Take-Two Interactive Software, Inc. (646) 536-3005 (646) 536-2983 Nicole.Shevins@take2games.com Alan.Lewis@take2games.com Corporate Communications & Public Affairs Take-Two Interactive Software, Inc. Reports Results for Fourth Quarter and Fiscal Year 2025 $1.58 billion fourth quarter ...
Actuate Therapeutics,Inc(ACTU) - 2025 Q1 - Quarterly Report
2025-05-15 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-42139 Actuate Therapeutics, Inc. (Exact name of registrant as specified in its charter) Delaware (State or ...
Innventure, Inc.(INV) - 2025 Q1 - Quarterly Report
2025-05-15 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ___________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) ___________________________ Delaware 93-4440048 (I.R.S. Employer Identification No.) For the quarterly period ended March 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition pe ...
CISO (CISO) - 2025 Q1 - Quarterly Report
2025-05-15 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from _________ to _________ Commission file number: 001-41227 CISO GLOBAL, INC. (Exact name of registrant as specified in its charter) (State or other Jurisdiction of Incorpo ...