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Jun 30
Intensity Therapeutics Q2 2025 Earnings Report
Intensity Therapeutics reported its second quarter 2025 financial results, highlighting a reduced net loss and extended cash runway.
Key Takeaways
Intensity Therapeutics significantly reduced its net loss in Q2 2025 to $2.5 million from $5.0 million in the prior year, primarily due to decreased research and development expenses. The company also successfully raised over $11 million, extending its cash runway into the second half of 2026.
Net loss for Q2 2025 decreased to $2.5 million, a significant improvement from $5.0 million in Q2 2024.
Research and development expenses decreased by $2.1 million, primarily due to pausing new enrollments in the INVINCIBLE-3 Study.
The company raised $11.3 million since the beginning of Q2 2025, extending its cash runway into the second half of 2026.
Cash and cash equivalents stood at $2.2 million as of June 30, 2025.
Intensity Therapeutics
Intensity Therapeutics
Forward Guidance
Intensity Therapeutics has extended its cash runway into the second half of 2026 through recent capital raises and reduced burn rate. The company plans to selectively use remaining ATM facility capacity and believes it is now compliant with Nasdaq's minimum stockholders' equity listing requirements.
Positive Outlook
- Cash runway extended into the second half of 2026.
- Raised $11.3 million since the beginning of Q2 2025, with approximately $10.1 million in net proceeds.
- Believes to be compliant with Nasdaq's minimum stockholders' equity listing requirements.
- Plans to restart INVINCIBLE-3 Study site activations and patient enrollment once sufficient funding is obtained.
- Scan images from INVINCIBLE-4 Study indicate substantial decrease in tumor activity, with pathology data expected in 2H 2026.
Challenges Ahead
- New patient enrollment and site activations for the INVINCIBLE-3 Study were paused due to funding issues.
- The company still needs to obtain sufficient funding to restart the INVINCIBLE-3 Study.
- Future capital raises will be selective and strategic, indicating continued reliance on external funding.
- Nasdaq compliance is pending confirmation.
- The company's ability to maintain and establish collaborations or obtain additional funding is a risk.