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Cyclacel Pharmaceuticals (CYCC) investor relations material
Cyclacel Pharmaceuticals Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Shifted focus from biopharmaceuticals to fire safety protection and distribution after acquiring Fitters Sdn. Bhd. in Malaysia on September 12, 2025.
Deconsolidated UK subsidiary Cyclacel Limited after its liquidation in January 2025, resulting in a $5.0 million gain.
Sold remaining biopharmaceutical asset, plogosertib, in October 2025 for $300,000 plus a potential $170,000 milestone payment.
Implemented a one-for-fifteen reverse stock split in July 2025 to meet Nasdaq requirements.
Entered into multiple warrant exchange agreements, issuing new shares in exchange for existing warrants.
Financial highlights
Net loss for the nine months ended September 30, 2025, was $2.4 million, a significant improvement from $8.2 million loss in the same period last year.
Cash and cash equivalents stood at $3.8 million as of September 30, 2025.
Product revenue from fire safety equipment sales was $81,000 for Q3 2025.
Cost of sales for fire safety equipment was $64,000 for Q3 2025.
General and administrative expenses increased to $6.5 million, up 46% year-over-year due to one-time costs from changes in control.
Outlook and guidance
Anticipates revenue growth in Q4 2025 following full integration of Fitters Sdn. Bhd.
No further material research and development expenditures expected after divestiture of biopharma assets.
Substantial doubt exists about ability to continue as a going concern beyond Q1 2026 without additional funding.
Current cash resources are expected to fund planned expenditures into Q1 2026.
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