TNYA
Tenaya Therapeutics, Inc.0.7650
-0.0320-4.02%
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
165.63MP/E (TTM)
-Basic EPS (TTM)
-0.75Dividend Yield
0%Recent Filings
8-K
8-K
8-K
8-K
Q2 loss narrows; trials progress
Tenaya Therapeutics reported Q2 2025 net loss of $23.3 million, down from $29.4 million last year, with R&D expenses dropping to $17.4 million amid clinical progress. Enrollment wrapped in key cohorts for TN-201 HCM and TN-401 ARVC trials, earning DSMB nods for dose escalation and expansion. Cash stands at $71.7 million, funding ops into H2 2026. Data readouts loom in Q4. Trials advance swiftly.
10-Q
Q2 FY2025 results
Tenaya Therapeutics narrowed its Q2 net loss to $23.3M from $29.4M y/y, driven by 23% lower R&D spend at $17.4M and 18% reduced G&A at $6.7M, reflecting workforce reductions and cost controls amid clinical progress on TN-201 and TN-401 gene therapies. Operating loss improved 22% y/y to $24.1M, with no revenue yet but $0.8M interest income offsetting some costs; diluted EPS rose to ($0.14) from ($0.34), reconciling to 162.8M weighted shares. Cash swelled to $71.7M after a $48.8M follow-on offering, bolstered by a $7.5M SVB loan facility (undrawn) and $0.6M CIRM grant for TN-401 trials, funding operations through at least the next year. Yet clinical setbacks in rare heart disease trials could stall momentum.
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