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Gabather (GABA) investor relations material
Gabather Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focus during Q1 2026 was on operational execution, advancing GT-002 towards clinical validation and strengthening financial position through a directed share issue.
Initiation of the first patient study (TOTEMS) with GT-002 in schizophrenia spectrum, marking a key milestone from preclinical to clinical phase.
Strategic expansion with a new patent application for non-sedative sleep treatment, targeting a large and growing global market.
Financial highlights
Net revenue was 0 tkr, unchanged year-over-year.
Operating loss widened to -1,052 tkr from -303 tkr year-over-year.
Net loss after tax was -1,067 tkr compared to -336 tkr in Q1 2025.
Cash flow for the period was 2,894 tkr, down from 4,127 tkr in Q1 2025.
Cash and cash equivalents at period end were 6,037 tkr, up from 3,143 tkr at year-end 2025.
Outlook and guidance
Liquidity after the March 2026 share issue is deemed sufficient to finance operations for the next twelve months.
Ongoing evaluation of new financing options and further cost savings to strengthen capital structure.
- Gabather launches a SEK 21.4 million rights issue and advances its neuropsychiatric drug pipeline.GABA
Investor Update24 Apr 2026 - Operating loss narrowed, but further financing is needed to sustain operations into 2026.GABA
Q4 202527 Feb 2026 - SEK 21.4 million rights issue supports Phase II GT-002 trial and March 2025 investor events.GABA
Investor Update27 Dec 2025 - Operating losses persist amid zero revenue and delayed clinical milestones; liquidity remains tight.GABA
Q3 202527 Nov 2025 - GT002 advances in phase 2 trials with patent progress and partnership talks targeting 2025 milestones.GABA
Investor Update24 Nov 2025 - GT002 enters phase II for schizophrenia cognition; TO 7 warrants could raise 5.3 MSEK.GABA
Investor Update20 Nov 2025 - Operating loss narrowed, but liquidity remains a concern as clinical progress continues.GABA
Q2 202528 Aug 2025 - Operating loss reduced, but negative equity and urgent financing needs persist.GABA
Q3 202413 Jun 2025 - Losses widened and liquidity remains strained as Gabather advances GT-002 clinical trials.GABA
Q2 202413 Jun 2025
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