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CytoDyn (CYDY) investor relations material

CytoDyn Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary10 Oct, 2025

Executive summary

  • Focused on clinical development of leronlimab for solid-tumor oncology, with ongoing Phase II trials in colorectal cancer and plans for additional studies in other indications.

  • Business strategy includes developing a long-acting version of leronlimab and seeking non-dilutive financing through partnerships.

  • Substantial doubt exists about the ability to continue as a going concern due to recurring losses and accumulated deficit of $893.3 million as of August 31, 2025.

Financial highlights

  • Net loss of $5.5 million for the quarter ended August 31, 2025, compared to net income of $19.2 million in the same quarter last year, which included a one-time $25.0 million legal settlement.

  • Cash and cash equivalents were $9.3 million as of August 31, 2025, down from $11.9 million at May 31, 2025.

  • Total current liabilities were $69.4 million, with a stockholders' deficit of $99.5 million.

  • Net cash used in operating activities was $2.5 million for the quarter, with minimal cash provided by financing activities.

Outlook and guidance

  • Continuation of research and development activities for leronlimab, with significant future expenses expected.

  • Ability to fund operations depends on raising additional capital through equity or debt; future funding is uncertain.

  • A shareholder vote is scheduled to increase authorized shares, which is critical for future financing.

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Frequently asked questions

CytoDyn Inc. is a biotechnology company focused on the development of innovative treatments for infectious diseases, cancer, and immune-related conditions. The company specializes in monoclonal antibody therapies and explores applications in virology, immunology, and oncology. The company is headquartered in Vancouver, Washington, and its shares are listed on the OTCQB.

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