Financial LossThe Q3'25 net loss was $13.5M, or a loss of $0.37 per share.
Operating ExpensesOpex totaled $33.6M, reflecting an increase of 56% from last year, primarily attributable to investments in the commercial team, increased headcount, legal expenses and expenses tied to being a public company.
Stock PerformanceCBLL shares remain down roughly 55% year-to-date despite consistently exceeding Street expectations.