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Jun 30, 2021
Cassava Sciences Q2 2021 Earnings Report
Reported financial results for the second quarter ended June 30, 2021.
Key Takeaways
Cassava Sciences reported a net loss of $5.1 million, or $0.13 per share, for the second quarter ended June 30, 2021. Cash and cash equivalents were $278.3 million as of June 30, 2021.
Net loss for the second quarter was $5.1 million, or $0.13 per share.
Net loss for the same period in 2020 was $1.1 million, or $0.05 per share.
Net cash used in operations was $7.4 million during the first six months of 2021.
Cash and cash equivalents were $278.3 million as of June 30, 2021, with no debt.