Expects FY25 U.S. XPOVIO net product revenue to be in the range of $110M-$120M. The company expects its existing liquidity, including the revenue it expects to generate from XPOVIO net product sales and its license agreements, will be sufficient to fund its planned operations to the maturity of its senior convertible notes due October 2025. Excluding the $24.5M remaining 2025 Notes maturity and its $25M minimum liquidity covenant, the company expects it would have sufficient liquidity to fund planned operations into January 2026. The company, with the assistance of its advisors, including its financial advisor Centerview Partners, is exploring potential financing and strategic alternatives to enhance liquidity and maximize value.
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