CRIS
Curis, Inc.1.1800
-0.0100-0.84%
Dec 16, 4:00:01 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
15.26MP/E (TTM)
-Basic EPS (TTM)
-3.30Dividend Yield
0%Recent Filings
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
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.
8-K
Nasdaq listing extension granted
8-K
Nasdaq delisting threat looms
Curis, Inc. faces Nasdaq delisting after failing to meet the $35 million market value requirement, with notification received on August 21, 2025, following a 180-day compliance window that ended the prior day. The company plans to appeal by August 28, staying suspension while its stock trades on Nasdaq pending the panel's decision. Yet no assurance exists for regaining compliance. This heightens liquidity risks for investors.
8-K
Curis files scaled stock prospectus
Curis, Inc. filed a prospectus supplement on August 8, 2025, to offer up to $8,137,047 of its common stock through agents Cantor Fitzgerald and JonesTrading under an existing sales agreement. This follows the company's termination of a prior $100 million prospectus on July 1, 2025, while keeping the agreement intact. The move signals a scaled-back capital raise. Legal opinion confirms share validity.
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