Zyversa Therapeutics, Inc. ( (ZVSA) ) has released its Q1 earnings. Here is a breakdown of the information Zyversa Therapeutics, Inc. presented to its investors.
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ZyVersa Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing first-in-class drugs for chronic renal and inflammatory diseases, leveraging proprietary technologies to address unmet medical needs. In its latest earnings report for the quarter ending March 31, 2025, ZyVersa reported a net loss of $2.3 million, a slight improvement from the $2.8 million loss in the same period last year. The company’s operating expenses decreased by 24.1% year-over-year, driven by reductions in research and development costs and general administrative expenses. Despite these improvements, ZyVersa continues to face financial challenges, with a working capital deficit of approximately $9.9 million and cash reserves of $1.6 million as of the end of the quarter. Looking ahead, ZyVersa’s management remains focused on advancing its lead drug candidates, V AR 200 and IC 100, while seeking additional financing to support ongoing operations and future growth initiatives.