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Sep 30, 2020
Cassava Sciences Q3 2020 Earnings Report
Reported a net loss for the third quarter of 2020.
Key Takeaways
Cassava Sciences reported a net loss of $1.4 million, or $0.06 per share, for the third quarter ended September 30, 2020. The company's cash and cash equivalents were $24.1 million as of September 30, 2020, with no debt.
Net loss was $1.4 million, or $0.06 per share, for the third quarter ended September 30, 2020.
Net loss was $0.7 million, or $0.04 per share, for the same period in 2019.
Net cash used in operations was $4.2 million during the first nine months of 2020.
Cash and cash equivalents were $24.1 million as of September 30, 2020, with no debt.