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Enlivex Therapeutics (ENLV) investor relations material
Enlivex Therapeutics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Positive three-month topline data from a Phase I/II trial of Allocetra in moderate-to-severe knee osteoarthritis showed significant improvements in pain and function, with a favorable safety profile.
Focus shifted to inflammatory and autoimmune indications, with sepsis and oncology programs now candidates for external collaboration or out-licensing.
Workforce reduced by 50% over the past year to align with reprioritized clinical focus.
Financial highlights
Net loss for the six months ended June 30, 2025 was $5.3M, down 26% year-over-year; Q2 net loss was $1.87M, down 40% year-over-year.
Operating loss for the six months was $6.6M, a 7% decrease from the prior year; Q2 operating loss was $3.08M, up 3% year-over-year.
Finance income for the six months was $1.29M, up from a $99K loss in the prior year, driven by interest income and favorable FX movements.
Cash and cash equivalents plus short-term deposits totaled $19.5M as of June 30, 2025.
Net cash used in operations for the six months was $5.82M, down from $6.31M in the prior year.
Outlook and guidance
Existing resources expected to fund operations through the end of 2026, including planned clinical milestones.
Additional funding will be required for further development, regulatory approval, and commercialization.
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