ANTX
AN2 Therapeutics, Inc.1.1600
-0.0100-0.86%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
31.79MP/E (TTM)
-Basic EPS (TTM)
-1.13Dividend Yield
0%Recent Filings
8-K
AN2 Q2 loss shrinks, pipeline advances
AN2 Therapeutics reported Q2 2025 net loss of $6.5 million, down from $14.4 million last year, thanks to slashed R&D spending after axing a prior study. Cash stands at $71.2 million, funding ops into 2028 while advancing boron-based pipeline: Phase 1 dosing kicked off for Chagas drug AN2-502998, a DNDi collab speeds Phase 2 plans, and oncology candidates eye development soon. Melioidosis data revealed 40% mortality, spotlighting urgent needs. Pipeline momentum builds, but trial risks loom.
10-Q
Q2 FY2025 results
AN2 Therapeutics narrowed its Q2 net loss to $6.5M from $14.4M y/y, as research and development expenses dropped 74% to $3.2M amid restructuring and trial wind-downs, while general and administrative costs edged up 8% to $4.0M. Operating cash burn eased to $18.2M for the half, with $71.2M in cash and investments funding operations through at least mid-2026. Non-GAAP metrics not disclosed in the 10-Q. No debt or M&A events noted. Yet clinical progress persists: Phase 1 dosing for Chagas candidate AN2-502998 wrapped its first cohort, and oncology leads advance toward trials. Pipeline momentum builds, but regulatory hurdles loom large.
8-K
AN2 issues pre-funded warrants
AN2 Therapeutics swapped 2.8 million common shares held by Coastlands Capital for equivalent pre-funded warrants on June 17 and 19, 2025, at a nominal $0.00001 exercise price. These warrants stay exercisable indefinitely, capped at 9.99% beneficial ownership to sidestep immediate dilution spikes. Yet the structure preserves Coastlands' long-term stake. No cash changed hands in this unregistered exchange under Section 3(a)(9).
8-K
AN2 updates pipeline progress
AN2 Therapeutics posted an updated investor presentation on June 11, 2025, highlighting its boron chemistry platform's progress in global health and oncology. Phase 1 startup for Chagas drug AN2-502998 is underway, targeting completion in 2H 2025, while melioidosis candidate epetraborole eyes Phase 2 in 2H 2025 with NIH funding. Oncology programs for ENPP1 and PI3Kα advance to preclinical in 2025. Cash of $78.5M extends runway into 2028, fueling nondilutive milestones.
8-K
Annual meeting elects directors
AN2 Therapeutics held its 2025 annual meeting on May 22, with 79.50% of shares represented. Stockholders elected Eric Easom, Stephanie Wong, and Joseph Zakrzewski as Class III directors, though Wong and Zakrzewski faced significant withheld votes exceeding 40%. The board stays intact. PricewaterhouseCoopers' appointment as auditor for 2025 passed overwhelmingly, with 99.4% approval.
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