Quarterly ResultMay 6, 2026, 04:17 PM
Sera Prognostics Q1 Net Loss $(8.4)M; Revenue $14K
AI Summary
Sera Prognostics reported a net loss of $(8.4) million for the first quarter of 2026, a slight increase from $(8.2) million in the prior year's quarter, despite a decrease in revenue to $14 thousand. The net loss per share improved to $(0.17). The company also established a new at-the-market sales agreement to potentially raise up to $40.0 million, and noted that enrollment in its PRIME study was stopped in December 2023 due to efficacy.
Key Highlights
- Sera Prognostics reported a net loss of $(8.4) million for Q1 2026, compared to $(8.2) million in Q1 2025.
- Revenue for Q1 2026 was $14 thousand, a decrease from $38 thousand in Q1 2025.
- Net loss per share improved to $(0.17) in Q1 2026 from $(0.20) in Q1 2025.
- Total assets decreased to $93.5 million as of March 31, 2026, from $101.9 million at December 31, 2025.
- Cash and cash equivalents increased to $4.2 million as of March 31, 2026, from $3.9 million at December 31, 2025.
- The company entered into a new ATM sales agreement on March 18, 2026, to sell up to $40.0 million in Class A common stock.
- Net cash used in operating activities was $(8.8) million in Q1 2026, up from $(7.6) million in Q1 2025.
Price Impact
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