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Plus Therapeutics (PSTV) investor relations material
Plus Therapeutics Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and business model
Develops targeted radiotherapeutics and advanced diagnostics for central nervous system (CNS) cancers, including glioblastoma, leptomeningeal metastases, and pediatric brain cancers.
Lead product REYOBIQ™ is a radiotherapeutic for CNS cancers, delivered via localized methods to maximize tumor dose and minimize healthy tissue exposure.
CNSide Diagnostics subsidiary commercializes the CNSide® CSF Tumor Cell Enumeration test for detecting and monitoring CNS metastases.
Recent expansion into diagnostics with the acquisition and relaunch of the CNSide Platform.
Financial performance and metrics
Incurred net losses of $13.0 million in 2024 and $16.7 million for the nine months ended September 30, 2025.
Accumulated deficit of $510.2 million as of September 30, 2025.
Cash and cash equivalents of $13.3 million as of September 30, 2025; working capital of $4.0 million.
Grant revenue recognized from CPRIT: $5.8 million in 2024 and $3.8 million for the nine months ended September 30, 2025.
Ongoing need for additional capital to fund operations and clinical programs.
Use of proceeds and capital allocation
Estimated net proceeds from the offering are $10.9 million (up to $12.7 million if the over-allotment is exercised).
Proceeds intended for working capital and general corporate purposes, including R&D, regulatory, and commercialization activities.
Management has broad discretion over use of proceeds; may also use funds for acquisitions or investments in complementary businesses.
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