Shattuck Labs, Inc. ( (STTK) ) has released its Q2 earnings. Here is a breakdown of the information Shattuck Labs, Inc. presented to its investors.
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Shattuck Labs, Inc. is a biotechnology company based in Austin, Texas, specializing in developing treatments for inflammatory and immune-mediated diseases, with a focus on innovative antibody therapies. The company recently released its earnings report for the quarter ending June 30, 2025, highlighting significant financial figures and strategic developments. Shattuck Labs reported a net loss of $26.2 million for the first half of 2025, compared to a $40.1 million loss in the same period last year. The company’s research and development expenses decreased significantly, reflecting a strategic shift in its operational focus. Despite the financial losses, Shattuck Labs maintains a stable cash position with $50.5 million in cash and cash equivalents, sufficient to fund operations for the next twelve months. Looking forward, Shattuck Labs remains committed to advancing its clinical trials and product development, while navigating the challenges posed by the current economic environment.