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Senti Biosciences | 8-K: Senti Bio Announces Fourth Quarter and Full Year 2024 Financial Results and Recent Pipeline and Corporate Highlights

Senti Biosciences | 8-K: Senti Bio Announces Fourth Quarter and Full Year 2024 Financial Results and Recent Pipeline and Corporate Highlights

Senti Biosciences | 8-K:Senti Bio公佈2024年第四季度和全年財務業績以及近期管道和公司要點
美股SEC公告 ·  03/20 20:21

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Senti Biosciences reported Q4 and FY2024 financial results, highlighting significant clinical progress and strengthened financial position. Two of three relapsed/refractory AML patients treated with SENTI-202 achieved MRD-negative complete remission and maintain remission status. The company successfully raised $47.6M through PIPE financing in December 2024, extending runway into 2026.Q4 2024 financial results showed cash position of $48.3M as of December 31, 2024. R&D expenses decreased to $7.8M from $9.1M YoY, while G&A expenses reduced to $8.4M from $9.3M YoY. Net loss for Q4 was $0.6M ($0.67 per share), with full-year 2024 net loss at $52.8M ($12.03 per share).The company strengthened its leadership team with Jay Cross as CFO and Faraz Siddiqui as SVP of Technical Operations. Additionally, Fran Schulz and Feng Hsiung joined the Board of Directors, bringing expertise in finance and investment management. The company also received $1.5M from CIRM grant, bringing total grant funding to $6.4M.
Senti Biosciences reported Q4 and FY2024 financial results, highlighting significant clinical progress and strengthened financial position. Two of three relapsed/refractory AML patients treated with SENTI-202 achieved MRD-negative complete remission and maintain remission status. The company successfully raised $47.6M through PIPE financing in December 2024, extending runway into 2026.Q4 2024 financial results showed cash position of $48.3M as of December 31, 2024. R&D expenses decreased to $7.8M from $9.1M YoY, while G&A expenses reduced to $8.4M from $9.3M YoY. Net loss for Q4 was $0.6M ($0.67 per share), with full-year 2024 net loss at $52.8M ($12.03 per share).The company strengthened its leadership team with Jay Cross as CFO and Faraz Siddiqui as SVP of Technical Operations. Additionally, Fran Schulz and Feng Hsiung joined the Board of Directors, bringing expertise in finance and investment management. The company also received $1.5M from CIRM grant, bringing total grant funding to $6.4M.
Senti Biosciences公佈了2024財年第四季度及全年財務結果,強調了顯著的臨牀進展和增強的財務狀況。接受SENTI-202治療的三名復發/難治性AML患者中有兩名實現了無微小殘留病(MRD)的完全緩解,並維持緩解狀態。公司在2024年12月成功通過PIPE融資籌集了4760萬美元,資金延續至2026年。2024年第四季度財務結果顯示,截至2024年12月31日,現金儲備爲4830萬美元。研發支出同比減少至780萬美元,從910萬美元下降,而管理和行政支出同比減少至840萬美元,從930萬美元下降。第四季度的淨虧損爲60萬美元(每股0.67美元),2024全年淨虧損爲5280萬美元...展開全部
Senti Biosciences公佈了2024財年第四季度及全年財務結果,強調了顯著的臨牀進展和增強的財務狀況。接受SENTI-202治療的三名復發/難治性AML患者中有兩名實現了無微小殘留病(MRD)的完全緩解,並維持緩解狀態。公司在2024年12月成功通過PIPE融資籌集了4760萬美元,資金延續至2026年。2024年第四季度財務結果顯示,截至2024年12月31日,現金儲備爲4830萬美元。研發支出同比減少至780萬美元,從910萬美元下降,而管理和行政支出同比減少至840萬美元,從930萬美元下降。第四季度的淨虧損爲60萬美元(每股0.67美元),2024全年淨虧損爲5280萬美元(每股12.03美元)。公司加強了領導團隊,Jay Cross擔任財務長,Faraz Siddiqui擔任技術運營高級副總裁。此外,Fran Schulz和Feng Hsiung加入了董事會,帶來了金融和投資管理方面的專業知識。公司還從CIRM贈款中獲得了150萬美元,使總贈款資金達到640萬美元。
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