LXEO
Lexeo Therapeutics, Inc.9.73
-0.03-0.31%
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
710.17MP/E (TTM)
-Basic EPS (TTM)
-2.50Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
FDA backs faster LX2006 path
Lexeo Therapeutics revealed FDA openness to pooling Phase I/II data with pivotal results for an accelerated LX2006 approval in Friedreich ataxia cardiomyopathy, potentially shrinking the pivotal trial and speeding BLA submission. Interim data from 16 participants showed 23% mean LVMI reduction at 12 months in those with abnormal baseline, beating the 10% threshold, plus mFARS improvements signaling slowed progression. LX2006 proved well-tolerated overall. Data pooling hinges on manufacturing comparability.
8-K
Lexeo Q2 results and CFO shift
Lexeo Therapeutics reported Q2 2025 financials, posting a $26.1 million net loss amid $14.7 million R&D and $16.0 million G&A expenses, while bolstering its cash position to $152.5 million through an $80 million equity raise that extends runway into 2028. The company secured FDA Breakthrough Therapy designation for LX2006 in Friedreich ataxia, dosed eight patients in the LX2020 trial with interim data due later this year, and launched a $40 million partnership for non-viral cardiac therapies. Louis Tamayo steps in as CFO on August 15, bringing finance expertise from Siemens Healthineers. Transition smooths out, but clinical timelines hinge on regulatory alignment.
10-Q
Q2 FY2025 results
Lexeo Therapeutics posted a Q2 net loss of $26.1M, up 23% y/y from $21.2M, driven by a 128% surge in G&A expenses to $16.0M from elevated legal costs, while R&D dipped 11% to $14.7M as clinical trials progressed. Operating loss widened to $30.7M from $23.6M, but a $3.4M gain on a long-term investment softened the blow, yielding diluted EPS of -$0.60 on 43.6M shares, improving from -$0.64 y/y. Cash and equivalents stood at $35.5M with $117.0M in U.S. Treasury investments, bolstered by $73.1M net proceeds from a May private placement; free cash flow not disclosed in the 10-Q. The May 2025 private placement closed for $80.0M gross (common stock, pre-funded warrants, warrants), recognizing no goodwill or intangibles. Litigation with Rocket resolved amicably in June 2025. Regulatory hurdles in gene therapy approvals loom large.
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