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CollPlant Biotechnologies (CLGN) investor relations material
CollPlant Biotechnologies Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Expanded North American sales of rhCollagen and Biolnk through a new U.S.-based logistics center and new commercial leadership, aiming to strengthen distribution and customer support in the region.
Achieved a $2 million milestone payment from AbbVie for progress in dermal and soft tissue filler development; lead candidate is in clinical phase with ongoing data review.
Announced cost reduction and workforce reduction plan, prioritizing key programs and extending cash runway.
Leadership transition with CEO Yehiel Tal nominated as interim Chairman, following the outgoing Board Chairman.
Financial highlights
Q3 2025 GAAP revenues were $77,000, up from $4,000 in Q3 2024, mainly due to increased rhCollagen-based product sales.
Nine-month 2025 GAAP revenues reached $2.3 million, up from $351,000 year-over-year, driven by a $2 million AbbVie milestone payment.
Q3 2025 GAAP net loss was $3.5 million ($0.27/share), improved from $4.3 million ($0.38/share) in Q3 2024; nine-month net loss was $8.3 million ($0.69/share), improved from $12.7 million ($1.11/share) year-over-year.
Non-GAAP net loss for Q3 2025 was $3.2 million ($0.25/share), and $7.0 million ($0.58/share) for the nine months, both improved year-over-year.
Cash and cash equivalents as of September 30, 2025, were $8.5 million.
Outlook and guidance
Focus in 2026 will be on advancing the AbbVie collaboration and the company’s own dermal filler candidate.
Plans to seek a strategic partner for the regenerative breast implant program.
Cost reduction and program prioritization expected to extend cash runway.
Next CollPlant Biotechnologies earnings date
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