Financial PerformanceQ4 revenues of $0.7M brought FY24 total revenues to $4.5M, below expectations.
Market CompetitionABS-101 showed the strongest odds of demonstrating a best-in-class clinical profile, potentially generating significant peak sales despite fierce competition in IBD.
Revenue And LossFor 4Q24, the company reported revenues of $0.7M, which was below the consensus estimate of $1.8M, and a net loss of $0.25 per share, compared to the consensus estimated net loss of $0.22 per share.