Tempest FY23 EPS $(1.91) Vs $(3.09) YoY; Ended The Year With $39.2M In Cash And Cash Equivalents
Tempest FY23 EPS $(1.91) Vs $(3.09) YoY; Ended The Year With $39.2M In Cash And Cash Equivalents
Tempest 23財年每股收益爲1.91美元，同比增長3.09美元；年底現金及現金等價物爲3,920萬美元
Financial Results
財務業績
Year End 2023
2023 年年底
- Tempest ended the year with $39.2 million in cash and cash equivalents, compared to $31.2 million on December 31, 2022. The increase was primarily due to proceeds from the issuance of common stock of $35.6 million from the at-the-market offering program, offset by cash used in operating activities.
- Net loss and net loss per share for the year were $29.5 million and $1.91, respectively, compared to $35.7 million and $3.09, respectively, for the same period in 2022.
- Research and development expenses for the year were $17.5 million compared to $22.5 million for the same period in 2022. The $5.0 million decrease was primarily due to a decrease in costs incurred from contract research organizations and third-party vendors.
- General and administrative expenses for the year were $11.7 million compared to $12.1 million for the same period in 2022. The $0.4 million decrease was primarily due to a decrease in consulting and professional services.
- Based on current cash and operating plan, Tempest expected to have sufficient resources to fund operations into the second quarter of 2025.
- Tempest在年底的現金及現金等價物爲3,920萬美元，而2022年12月31日爲3,120萬美元。增長主要是由於普通股發行計劃發行的3560萬美元普通股的收益，但被用於經營活動的現金所抵消。
- 該年度的淨虧損和每股淨虧損分別爲2950萬美元和1.91美元，而2022年同期分別爲3570萬美元和3.09美元。
- 該年度的研發費用爲1,750萬美元，而2022年同期爲2,250萬美元。減少500萬美元的主要原因是合同研究機構和第三方供應商的費用減少。
- 該年度的一般和管理費用爲1170萬美元，而2022年同期爲1,210萬美元。40萬美元減少的主要原因是諮詢和專業服務減少。
- 根據目前的現金和運營計劃，Tempest預計將有足夠的資源爲2025年第二季度的運營提供資金。