NASDAQ$CYPH

Cypherpunk Technologies Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Leap Therapeutics reported financial results for the second quarter ended June 30, 2023.

Leap Therapeutics reported a net loss of $13.4 million for the second quarter of 2023, compared to $17.0 million for the same period in 2022. The decrease was primarily due to decreased research and development expenses and increased interest income. Cash and cash equivalents totaled $91.4 million at June 30, 2023.

  • Initiated Part B of the DeFianCe study based on Part A exceeding the threshold of a 20% ORR.
  • Presented new long-term follow-up data from Part A of the DisTinGuish study at ASCO, demonstrating 19.5 months median overall survival.
  • Enrollment continues to be strong in the 160 patient randomized controlled Part C of the DisTinGuish study, and completion is expected in the fourth quarter of this year.
  • Net Loss was $13.4 million, a decrease compared to $17.0 million for the same period in 2022.

Headline financials

EPS (adj)

-$0.91

Previous: -$1.50+39.3%
Net Income

-$13.4M

Previous: -$17M+21.3%
Operating Income

-$14.7M

Previous: -$16.9M+13.2%
Cash & Equivalents

$91.4M

Previous: $90.9M+0.6%
Total Assets

$95.9M

Previous: $94.2M+1.8%
Stock-Based Comp

$1.27M

Previous: $1.27M-0.1%

Revenue & EPS history

Leap Therapeutics · Revenue · Quarterly

$0

Q3 2025
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

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 Q2 2023

Historical avgQ2 2023

+11.8%

Avg return

Earnings day

+13.6%

Avg return

5 days after

+11.4%

Avg return

30 days after

50%

17 / 34 earnings

Positive

+389.9%

Q3 2025

Best reaction

-44.0%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2024———
Q3 2025+389.9%+454.8%+228.8%
Q2 2025-28.3%-15.6%-11.8%
Q1 2025-2.5%-12.4%-0.5%
Q4 2024+16.9%-21.4%+3.1%
Q3 2024-11.1%-14.5%-9.2%
Q1 2024-1.1%-5.4%-22.1%
Q4 2023-0.5%+14.0%+35.7%
Q3 2023+13.0%+32.6%+128.3%
Q2 2023+7.6%-8.9%-28.4%
Q1 2023+17.1%+44.4%+44.4%
Q4 2022-12.1%-0.9%+11.5%
Q3 2022+12.0%-3.2%-17.7%
Q2 2022+10.0%-0.8%+30.0%
Q1 2022+34.6%+25.4%+10.0%
Q4 2021-8.6%+2.3%+0.0%
Q3 2021+0.4%+0.8%+2.9%
Q2 2021+0.6%+3.6%-12.0%
Q1 2021+9.5%+8.8%+21.6%
Q4 2020+7.9%+6.1%-21.1%
Q3 2020+0.6%-3.1%+21.4%
Q2 2020-3.1%+0.3%-5.6%
Q1 2020+0.0%+0.4%+3.1%
Q4 2019-4.1%-14.2%+20.3%
Q3 2019-44.0%-33.7%-29.7%
Q2 2019-8.9%-10.2%+2.5%
Q1 2019-1.6%-6.5%-0.6%
Q4 2018+10.7%+4.3%-9.1%
Q3 2018-8.8%-17.1%-26.8%
Q2 2018+2.1%+6.1%+8.7%
Q4 2017-1.4%+1.2%+30.8%
Q3 2017-2.1%+16.9%+9.2%
Q2 2017-5.6%+2.0%-6.2%
Q1 2017+8.6%+10.4%-8.9%
Q4 2016+4.0%-4.7%-16.2%
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———

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