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Context Therapeutics reports FY results

Mar. 21, 2024 10:44 AM ETContext Therapeutics Inc. (CNTX) StockBy: Jaskiran Singh, SA News Editor
  • Context Therapeutics press release (NASDAQ:CNTX): Net loss of $24.0 million for 2023, as compared to $14.8 million for the same period in 2022.
  • Research and development expenses were $17.8 million for 2023, as compared to $7.1 million for the same period in 2022.
  • Cash and cash equivalents were $14.4 million at December 31, 2023, compared to $35.5 million at December 31, 2022.
  • The company expects its cash and cash equivalents will be sufficient to fund its operations into late 2024.

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