Celcuity (CELC) reported a Q4 adjusted loss late Wednesday of $0.73 per diluted share, narrowing from the loss of $0.75 a year earlier.

Three analysts polled by FactSet expected a loss of $1.01.

Cash, cash equivalents, and short-term investments were $441.5 million at the end of 2025 and are expected to finance operations through 2027.