Overview
Exicure reports Q3 net loss of $2.4 mln, up from $1.1 mln last year
Company's cash position falls to $4.4 mln, as of September 30, 2025, from $12.5 mln at year-end 2024
Co believes that its existing cash and cash equivalents is not sufficient to continue to fund operations
Increased R&D and G&A expenses due to GPCR USA acquisition
Outlook
Company needs substantial additional financing to continue operations
Result Drivers
R&D EXPENSES - Increase in R&D expenses due to acquisition of GPCR USA
G&A EXPENSES - Slight rise in G&A expenses attributed to GPCR USA acquisition
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income Before Tax | -$2.44 mln | ||
Q3 Net Income | -$2.44 mln | ||
Q3 Operating Expenses | $2.39 mln | ||
Q3 Operating Income | -$2.39 mln |
Press Release: ID:nGNX94GhK9
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)