Financial PerformanceGenelux reported a net loss of $6.5M, but maintains $35.1M in cash, providing financial runway into 1Q26.
Operating ExpensesThe company reported operating expenses of $9.7M in 4Q24, which was higher than 3Q24, likely associated with costs related to initiating the recurrent NSCLC study in the US.
Projected ExpensesEstimated 2025 operating expenses are $41.3M, assuming increased spending due to ongoing clinical trials including the Phase 3 ovarian cancer study and Phase 2 recurrent NSCLC study.