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Soligenix (SNGX) investor relations material
Soligenix Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Focused on developing and commercializing therapies for rare diseases, with two segments: Specialized BioTherapeutics and Public Health Solutions.
Key pipeline programs include HyBryte™ for CTCL, SGX302 for psoriasis, SGX942/SGX945 for inflammatory diseases, and multiple vaccine candidates.
Ongoing clinical trials and regulatory engagement, including a second Phase 3 trial for HyBryte™ and expansion into new indications.
Financial highlights
Net loss of $2.53 million for Q3 2025, up from $1.72 million in Q3 2024; net loss of $8.18 million for the nine months ended September 30, 2025, compared to $5.28 million in the prior year period.
Research and development expenses rose to $1.58 million for Q3 2025 (from $0.97 million) and $5.20 million for the nine months (from $2.56 million), mainly due to clinical trial costs.
General and administrative expenses were $996,604 for Q3 2025 and $3.17 million for the nine months, both slightly higher year-over-year.
Cash and cash equivalents were $10.53 million as of September 30, 2025, up from $7.82 million at year-end 2024, primarily due to a $7.5 million public offering.
Working capital increased to $7.46 million from $3.98 million at year-end 2024.
Outlook and guidance
Sufficient resources to support operations and development activities for at least the next twelve months.
Plans to submit additional grant applications, pursue partnerships, and explore further equity, royalty, or debt financing.
Research and development expenditures expected to be approximately $3.8 million over the next 12 months, with no anticipated contract or grant reimbursements.
HyBryte™ FDA path: reconcile with EMA protocol
Future funding: balance equity with dilution?
SGX945/SGX302: next steps for commercialization?
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Q4 202518 Mar, 2026
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Frequently asked questions
Soligenix Inc is a U.S.-based biopharmaceutical company focused on developing and commercializing treatments for rare diseases and biodefense indications. The company works on therapies for inflammatory conditions, oncology, and infectious diseases, with both proprietary drug candidates and government-supported programs. The company is headquartered in Princeton, New Jersey, and its shares are listed on the NASDAQ.
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