NASDAQ$CYPH

Cypherpunk Technologies Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Leap Therapeutics reported financial results with a net loss for the third quarter 2022, and progress across the DKN-01 program.

Leap Therapeutics reported a net loss of $15.1 million for the third quarter of 2022. The company is focused on advancing its DKN-01 program and has initiated Part C of the DisTinGuish gastric cancer study and the DeFianCe colorectal cancer trial.

  • Net Loss was $15.1 million for the third quarter 2022.
  • Research and development expenses were $12.1 million for the three months ended September 30, 2022.
  • General and administrative expenses were $3.2 million for the three months ended September 30, 2022.
  • Cash and cash equivalents totaled $78.3 million at September 30, 2022.

Headline financials

Total Revenue

$375K

Previous: $375K+0.0%
EPS (adj)

-$1.30

Previous: -$1.40+7.1%
Free Cash Flow

-$15.1M

Previous: -$11.1M-35.5%
Net Income

-$15.1M

Previous: -$11.1M-35.5%
Operating Income

-$15.3M

Previous: -$12.1M-25.9%
Cash & Equivalents

$78.3M

Previous: $125M-37.3%
Total Assets

$82.2M

Previous: $128M-35.8%
Stock-Based Comp

$1.25M

Previous: $1M+24.9%

Revenue & EPS history

Leap Therapeutics · Revenue · Quarterly

$375K

Q3 2022+0%vs Q3 2021
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Forward guidance

This press release contains forward-looking statements regarding Leap's expectations with respect to the development and advancement of DKN-01, potential for future payments from BeiGene, financial runway, and other future expectations.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+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
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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