TherapeuticsMD reported a net loss of $636 thousand for Q1 2025, a slight improvement compared to the previous year. License revenue increased by 25.8%, primarily driven by changes in sales of licensed products. Total operating expenses decreased due to increased efficiencies as a royalty-based business. The company is also evaluating strategic alternatives.
Net loss from continuing operations was $(636) thousand, an improvement from $(809) thousand in Q1 2024.
License revenue increased by 25.8% to $393 thousand.
Total operating expenses decreased by 13.1% to $1,264 thousand.
Cash and cash equivalents totaled $5.7 million as of March 31, 2025.
The company continues to evaluate a variety of strategic alternatives, including potential acquisition, merger, or sale of assets. There is no set timetable for this process and no assurance of a transaction.