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Mar 31, 2021

Leap Therapeutics Q1 2021 Earnings Report

Leap Therapeutics reported financial results for the first quarter ended March 31, 2021.

Key Takeaways

Leap Therapeutics reported a net loss of $9.1 million for the first quarter of 2021, compared to a net loss of $7.2 million for the same period in 2020. License revenues were $0.4 million for both the first quarter of 2021 and 2020.

Net loss was $9.1 million for the first quarter 2021, compared to $7.2 million for the same period in 2020.

License revenues were $0.4 million for each of the first quarter 2021 and 2020.

Research and development expenses were $6.8 million for the first quarter 2021, compared to $4.6 million for the same period in 2020.

Cash and cash equivalents totaled $43.5 million at March 31, 2021.

Total Revenue
$375K
Previous year: $375K
+0.0%
EPS
-$1.2
Previous year: -$5.5
-78.2%
R&D Expenses
$6.8M
G&A Expenses
$2.7M
Gross Profit
$375K
Previous year: $375K
+0.0%
Cash and Equivalents
$43.5M
Previous year: $25.5M
+70.6%
Total Assets
$45.8M
Previous year: $28.7M
+59.4%

Leap Therapeutics

Leap Therapeutics

Forward Guidance

This press release contains forward-looking statements within the meaning of the securities act of 1933 and the securities exchange act of 1934, which involve risks and uncertainties.