CRIS
Curis, Inc.1.1800
-0.0100-0.84%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Prioritizes NHL over AML
Q&A spotlighted Curis prioritizing PCNSL and CLL over AML, directing bulk spend to the registrational PCNSL study while ramping CLL modestly. Enrollment in rare PCNSL remains choppy but on track for full readout in 12-18 months, potentially positioning a 2027 filing. No meaningful revenue lies ahead after Erivedge's full cleanup. CLL proof-of-concept eyes ASH data on deepening BTKi responses to CR/MRD negativity, though specifics on dosing and patients stayed under wraps. Analysts probed timelines and success; management answered directly but cautiously. Cash funds into 2027. Execution is everything now.
Key Stats
Market Cap
15.26MP/E (TTM)
-Basic EPS (TTM)
-3.30Dividend Yield
0%Recent Filings
8-K
Regains Nasdaq compliance
8-K
Curis prices $80.8M PIPE
Curis priced a PIPE financing on January 7, 2026, issuing 20,195 Series B preferred shares with warrants for 80.7 million common shares at $0.75 exercise price, yielding $20.2M initial proceeds and up to $80.8M if fully exercised. Closing set for January 8 funds R&D and extends cash runway into 2027, while aiding Nasdaq compliance. Stockholder approval needed.
8-K
Erivedge sale ends royalties
Curis sold its Erivedge business to an Oberland affiliate on November 6, 2025, for $2.5 million upfront plus release from future royalty liabilities, ending all Genentech revenue streams. This triggers a Q4 gain on operations while extinguishing the $28.6 million liability, boosting stockholders' equity above Nasdaq's $2.5 million threshold. Yet compliance hinges on Panel approval. Sale frees focus on emavusertib trials.
10-Q
Q3 FY2025 results
Curis posted Q3 revenue of $3.2M, up 8% y/y from $2.9M, driven by steady Erivedge royalties, while YTD revenue climbed 10% to $8.3M. Operating loss narrowed to $6.9M from $10.6M y/y, thanks to 34% lower R&D spend at $6.4M amid tighter clinical costs for emavusertib trials; net loss eased to $7.7M or $(0.49) per share on 15.7M diluted shares, versus $(1.70) on 5.9M shares last year. Cash dipped to $9.1M from $20.0M at year-start, with $20.8M YTD operating burn, offset by $9.9M from March and July offerings; free cash flow not disclosed in the 10-Q. On November 6, 2025, Curis sold its Erivedge royalty subsidiary to Oberland for $2.5M upfront, extinguishing the $28.6M liability and ending future royalties. Cash runway extends into Q1 2026, but Nasdaq delisting looms if market value stays below $35M.
8-K
Nasdaq listing extension granted
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