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Sep 30, 2022

Tyra Biosciences Q3 2022 Earnings Report

Reported financial results for the quarter ended September 30, 2022, and highlighted recent corporate progress.

Key Takeaways

Tyra Biosciences reported a net loss of $12.5 million for Q3 2022, with cash and cash equivalents totaling $263.2 million as of September 30, 2022. The company's pipeline development remains on track, including the planned initiation of the SURF301 study and the IND filing for TYRA-200 by the end of 2022.

TYRA-300 SURF301 clinical study is cleared by the FDA.

TYRA-200 IND is on track to be filed by year-end 2022.

The company continues to progress its SNÃ…P platform and pipeline programs.

Tyra Biosciences had cash and cash equivalents of $263.2 million as of September 30, 2022.

EPS
-$0.3
Previous year: -$0.72
-58.3%
Cash and Equivalents
$263M
Previous year: $313M
-15.9%
Free Cash Flow
-$12.3M
Previous year: -$5.83M
+110.1%
Total Assets
$276M
Previous year: $316M
-12.7%

Tyra Biosciences

Tyra Biosciences