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Anixa Biosciences (ANIX) investor relations material
Anixa Biosciences Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Focused on developing cancer vaccines and CAR-T therapeutics, with ongoing clinical trials in ovarian and breast cancer and new vaccine discovery programs for other cancers.
No revenue generated from therapeutics or vaccine programs to date; revenue historically from technology licensing and patent settlements.
Sufficient cash, cash equivalents, and short-term investments to fund operations for at least the next 12 months.
Financial highlights
Net loss for the quarter ended July 31, 2025 was $2.3 million, compared to $3.3 million for the same quarter last year.
Net loss for the nine months ended July 31, 2025 was $8.3 million, down from $9.7 million year-over-year.
Operating expenses for the quarter were $2.4 million, down from $3.6 million year-over-year.
Cash, cash equivalents, and short-term investments totaled $16.0 million as of July 31, 2025, down from $19.9 million at October 31, 2024.
Raised $1.9 million through an at-the-market equity offering during the nine months ended July 31, 2025.
Outlook and guidance
No expectation of near-term revenue from current vaccine or therapy programs; profitability depends on future licensing to pharmaceutical companies.
Ongoing and planned clinical trials in cancer vaccines and CAR-T therapeutics are the primary focus for the next several quarters.
Sufficient liquidity to support operations for significantly longer than 12 months from the report date.
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