Cash, cash equivalents and investments totaled $53.8 million on March 31, 2025, compared to $75.1 million on December 31, 2024. The Company repaid $14.0 million of March 2019 convertible notes due in March 2025 in the first quarter. Based upon the company’s current operating plan, SCYNEXIS (SCYX) believes that its existing cash, cash equivalents and investments provide a cash runway into Q3 2026.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCYX: