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Jun 30, 2020
Y-mAbs Q2 2020 Earnings Report
Reported financial results for the second quarter 2020.
Key Takeaways
Y-mAbs reported a net loss of $40.4 million, or $1.01 per basic and diluted share, for the three months ended June 30, 2020, compared to a net loss of $18.0 million for the three months ended June 30, 2019. The company had approximately $158.1 million in cash and cash equivalents as of June 30, 2020.
Net loss for the quarter was $40.4 million, or $1.01 per share.
Research and development expenses were $30.1 million for the quarter.
General and administrative expenses were $10.4 million for the quarter.
Cash and cash equivalents totaled $158.1 million as of June 30, 2020.