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Decoy Therapeutics Reports Financial Downturn Amid Funding Challenges

Story Highlights
  • Decoy Therapeutics reported a financial downturn for the three and six months ended June 30, 2025.
  • The company faces challenges in securing additional funding for its development programs and operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Decoy Therapeutics Reports Financial Downturn Amid Funding Challenges

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An announcement from Salarius Pharmaceuticals ( (SLRX) ) is now available.

Decoy Therapeutics, Inc. reported a significant financial downturn for the three and six months ended June 30, 2025, compared to the same periods in 2024. The company’s operating expenses decreased due to reduced research and development spending, but this was offset by a substantial increase in interest expenses and a decrease in grant income. The net loss for the three months ended June 30, 2025, was $1.8 million, a stark contrast to a net income of $1.1 million in the same period of 2024. Similarly, the net loss for the six months ended June 30, 2025, was $4 million, compared to $1.7 million in 2024. The company faces challenges in securing additional funding, which is critical for continuing its development programs and operations.

Spark’s Take on SLRX Stock

According to Spark, TipRanks’ AI Analyst, SLRX is a Underperform.

Salarius Pharmaceuticals exhibits significant financial instability, characterized by declining revenues and persistent losses, which severely impacts its stock score. Technically, the stock is on a bearish trend, trading below major moving averages, with negative momentum indicators. The valuation is further weakened by a negative P/E ratio and absence of dividend, making it unattractive to value or income investors. Overall, the stock is highly risky and requires cautious consideration.

To see Spark’s full report on SLRX stock, click here.

More about Salarius Pharmaceuticals

Average Trading Volume: 219,385

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.88M

For a thorough assessment of SLRX stock, go to TipRanks’ Stock Analysis page.

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