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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.
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Q3 2025 earnings summary26 Nov, 2025

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.

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Frequently asked questions

CollPlant Biotechnologies Ltd. is a regenerative and aesthetic medicine company focused on developing and commercializing products for tissue regeneration and organ manufacturing. The company utilizes its proprietary plant-based recombinant human collagen (rhCollagen) technology to create products that address unmet medical needs in various sectors, including wound care, orthopedics, and 3D bioprinting of tissues and organs. Key offerings include bioinks for 3D printing, wound care products, and orthobiologics. The company collaborates with industry partners to advance its innovative solutions and expand its market presence. The company is headquartered in Rehovot, Israel, and its shares are listed on the NASDAQ.

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