Serina Therapeutics Reports Q2 2025 Results: Revenue Increases to $130K, Net Loss of $6.4M, EPS at $(0.66)

Reuters
2025/08/12
Serina <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Revenue Increases to $130K, Net Loss of $6.4M, EPS at $(0.66)

Serina Therapeutics Inc., a clinical-stage biotechnology company, has released its financial results for the second quarter ending June 30, 2025. The company reported a net loss of $6.4 million for the quarter, a significant turnaround from the net income of $5.2 million in the same period in 2024. Revenue for the quarter increased to $130,000, up from $51,000 in the corresponding period last year, with revenues entirely derived from grants provided by the National Institutes of Health. Operating expenses rose to $5.7 million from $3.9 million in the previous year, contributing to the overall net loss. Cash and cash equivalents stood at $6.0 million as of June 30, 2025, with projections indicating that these funds will support operations into the fourth quarter of 2025. In terms of business developments, Serina secured $5 million in funding from strategic shareholders in April 2025 to advance the development of SER-252, its lead candidate for treating advanced Parkinson's disease. Additionally, the company initiated an at-the-market offering program with the potential to raise $13.3 million through share sales, having already issued shares worth $1.2 million by early August 2025. The company is preparing to commence a Phase 1 clinical trial for SER-252 in the fourth quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Serina Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001708599-25-000091), on August 11, 2025, and is solely responsible for the information contained therein.

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