Financial PerformanceKyverna reported a net loss of $0.80 per share, exceeding the prior estimate of a net loss of $0.68 per share.
Leadership ChangesJames Chung, the company's CMO, will resign from his position to pursue other opportunities.
Operational CostsR&D and SG&A expenses were higher than expected, with $29.2M and $9.6M, respectively, surpassing estimates of $27.5M and $6.2M.