NASDAQ$COCP

Cocrystal Pharma Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the year ended December 31, 2021, and provided updates on its antiviral pipeline, upcoming milestones and business activities.

Cocrystal Pharma reported no revenues for 2021 compared to $2.0 million in 2020 due to Merck assuming activities and expenses for the influenza A/B collaboration. R&D expenses increased to $8.8 million, and the net loss was $14.2 million, or $0.16 per share. The company's cash position remains strong with $58.7 million.

  • Enrollment is underway in Phase 1 trial with antiviral compound CC-42344 for influenza A.
  • Plans to initiate first-in-human clinical studies in 2022 with two SARS-CoV-2 protease inhibitors.
  • Received extensive comments from the FDA on pre-IND briefing package for CDI-45205.
  • Company is well positioned to execute on its strategy with a clean capital structure and sufficient cash balance through 2023.

Headline financials

Total Revenue

$5.43K

Previous: $510K-98.9%
EPS (adj)

-$0.48

Previous: -$0.12-300.0%
Capital Expenditures

$8K

No prior period
Free Cash Flow

-$2.93M

No prior period
Net Income

-$14.2M

No prior period
Operating Income

-$14.2M

No prior period
Cash & Equivalents

$58.7M

No prior period
Total Assets

$79.4M

No prior period
Stock-Based Comp

$222K

No prior period

Revenue & EPS history

Cocrystal Pharma · Revenue · Quarterly

$5.43K

Q4 2021-98.9%vs Q4 2020

Forward guidance

The Company expects R&D expenses to increase during 2022 due to the advancement of our influenza A program into the clinic and progress with preclinical COVID-19 programs toward clinical development.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.9%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+0.9%

Avg return

30 days after

33%

19 / 58 earnings

Positive

+25.0%

Q3 2024

Best reaction

-33.3%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.6%-11.9%-21.0%
Q4 2026-2.9%+51.0%+43.0%
Q3 2025+0.0%-3.9%+1.9%
Q2 2025-1.2%-8.9%-6.0%
Q1 2025-7.4%+4.1%+5.5%
Q4 2024+4.1%+6.5%+23.6%
Q3 2024+25.0%+17.6%+8.5%
Q2 2024-10.0%+10.5%-12.1%
Q1 2024+8.1%+12.7%+61.8%
Q4 2023+0.0%-1.3%+4.0%
Q3 2023-1.1%-11.1%-5.3%
Q2 2023+2.1%-5.9%-31.1%
Q1 2023-3.8%-13.2%-3.8%
Q4 2022+4.4%+8.3%+37.8%
Q3 2022+0.0%-3.3%-19.5%
Q2 2022+0.0%-8.7%-23.9%
Q1 2022-5.0%+0.0%+2.5%
Q4 2021+1.7%-1.7%-12.1%
Q3 2021-2.2%-9.9%-22.0%
Q2 2021+2.9%-1.0%+2.9%
Q1 2021+2.7%+1.8%+15.0%
Q4 2020-5.0%-2.5%-24.5%
Q3 2020-2.3%+2.3%+64.4%
Q2 2020-7.3%-10.5%-58.6%
Q1 2020-2.8%-1.4%+30.6%
Q4 2019+5.9%+2.9%+33.8%
Q3 2019-21.0%-30.6%-25.8%
Q2 2019-10.8%-14.9%-34.0%
Q1 2019+0.7%-1.1%-5.5%
Q4 2018+0.7%-1.1%-5.5%
Q3 2018+6.8%+42.2%+91.7%
Q2 2018-5.5%-4.3%-19.4%
Q1 2018+5.0%-14.5%-64.4%
Q4 2017-2.1%+10.9%-30.0%
Q3 2017+0.0%+0.0%-11.5%
Q4 2016+0.0%+0.0%-11.5%
Q2 2017+0.0%+0.0%+52.6%
Q1 2017+0.0%+15.4%+3.8%
Q3 2016+0.0%-8.2%-12.2%
Q2 2016+4.4%+0.0%+11.1%
Q4 2015-3.1%
Q1 2016+7.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q4 2014+16.7%
Q1 2015+16.7%
Q3 2014+0.0%
Q1 2014+12.1%
Q2 2014+12.1%
Q4 2013-3.3%
Q3 2013-21.1%
Q2 2013+0.0%
Q4 2012-33.3%
Q1 2013-33.3%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012+0.0%
Q2 2011+0.0%
Q4 2011
Q3 2010
Q3 2011
Q2 2010
Q4 2010
Q1 2011
Q1 2010

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