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10-Q: Q1 2024 Earnings Report

10-Q: Q1 2024 Earnings Report

10-Q:2024财年一季报
美股SEC公告 ·  05/15 08:35
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ZyVersa Therapeutics, a clinical stage biopharmaceutical company, reported its financial results for the quarter ended March 31, 2024. The company experienced a net loss of $2.8 million, a decrease from the $3.5 million net loss in the same period the previous year. Research and development expenses decreased by 51.4% to $513,000, primarily due to lower manufacturing costs for IC100 and reduced payroll costs. General and administrative expenses also saw a reduction of 34.6% to $2.3 million, attributed to decreased payments related to the PIPE shares, lower bonus accruals, and reduced accounting fees. The company's cash position at the end of the quarter was $2.0 million. ZyVersa is focused on developing drugs for renal or inflammatory diseases and has not yet generated revenue from product sales. The company's future plans include continuing the clinical development of its lead drug candidates, VAR 200 and IC 100, and seeking additional funding to support ongoing operations.
ZyVersa Therapeutics, a clinical stage biopharmaceutical company, reported its financial results for the quarter ended March 31, 2024. The company experienced a net loss of $2.8 million, a decrease from the $3.5 million net loss in the same period the previous year. Research and development expenses decreased by 51.4% to $513,000, primarily due to lower manufacturing costs for IC100 and reduced payroll costs. General and administrative expenses also saw a reduction of 34.6% to $2.3 million, attributed to decreased payments related to the PIPE shares, lower bonus accruals, and reduced accounting fees. The company's cash position at the end of the quarter was $2.0 million. ZyVersa is focused on developing drugs for renal or inflammatory diseases and has not yet generated revenue from product sales. The company's future plans include continuing the clinical development of its lead drug candidates, VAR 200 and IC 100, and seeking additional funding to support ongoing operations.
丝维萨治疗公司是一家处于临床阶段的生物制药公司,报告了2024年3月31日结束的季度的财务业绩。公司净亏损280万美元,与去年同期的350万美元净亏损相比有所下降。研发费用下降了51.4%至513,000美元,主要由于IC100制造成本降低以及减少人员薪资支出。总务及管理费用也下降了34.6%至230万美元,这归因于与PIPE股份相关的支付额度降低,奖金计提也降低,以及减少会计费用。该公司季度末的现金头寸为200万美元。丝维萨专注于开发肾脏或炎症性疾病药物,尚未从产品销售中获得营业收入。公司的未来计划包括继续开发其领先的候选药物VAR 200和IC 100,以及寻求进一步的资金支持持续运营。
丝维萨治疗公司是一家处于临床阶段的生物制药公司,报告了2024年3月31日结束的季度的财务业绩。公司净亏损280万美元,与去年同期的350万美元净亏损相比有所下降。研发费用下降了51.4%至513,000美元,主要由于IC100制造成本降低以及减少人员薪资支出。总务及管理费用也下降了34.6%至230万美元,这归因于与PIPE股份相关的支付额度降低,奖金计提也降低,以及减少会计费用。该公司季度末的现金头寸为200万美元。丝维萨专注于开发肾脏或炎症性疾病药物,尚未从产品销售中获得营业收入。公司的未来计划包括继续开发其领先的候选药物VAR 200和IC 100,以及寻求进一步的资金支持持续运营。
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