NASDAQ$FLNA

Filana Therapeutics Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the full year 2021 and provided clinical and business updates.

Cassava Sciences reported a net loss for the full year 2021 of $32.4 million, or $0.82 per share, and has $233.4 million of cash on hand. The company initiated two Phase 3 clinical studies with simufilam in the second half of 2021 and is focused on enrolling over 1,700 patients into the Phase 3 clinical program.

  • Initiated two Phase 3 clinical studies with simufilam in the second half of 2021.
  • Phase 3 studies are recruiting patients with mild to moderate Alzheimer’s disease.
  • Over 200 patients have been screened to date for Phase 3 studies.
  • Balance sheet has $233.4 million of cash.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.35

Previous: -$0.09-288.9%
Capital Expenditures

$100K

No prior period
Free Cash Flow

-$8.09M

No prior period
Net Income

-$14.2M

Previous: -$6.3M-125.0%
Operating Income

-$14.4M

No prior period
Cash & Equivalents

$233M

Previous: $93.5M+149.6%
Total Assets

$267M

No prior period
Stock-Based Comp

$522K

No prior period

Revenue & EPS history

Cassava Sciences · Revenue · Quarterly

$0

Q4 2021

Forward guidance

Cassava Sciences expects to use $25 to $35 million in the first half of 2022, depending on patient enrollment rates and the timing of certain legal expenses.

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 Q4 2021

Historical avgQ4 2021

+0.3%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-5.1%

Avg return

30 days after

40%

23 / 57 earnings

Positive

+16.1%

Q4 2013

Best reaction

-12.6%

Q3 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-0.5%-16.7%-9.0%
Q3 2025+5.2%-10.6%-5.8%
Q2 2025+5.3%-3.9%-7.5%
Q1 2025-1.0%+1.4%-1.9%
Q4 2024+3.3%+17.1%-42.1%
Q3 2024+1.3%-0.7%-87.9%
Q1 2024-2.3%+9.0%-7.0%
Q4 2023-0.3%-2.1%-11.8%
Q3 2023+3.3%-8.2%-2.8%
Q2 2023-4.0%-10.5%+0.3%
Q1 2023-4.5%-3.9%-2.2%
Q4 2022+0.8%+6.9%-3.1%
Q3 2022-1.2%+6.6%+4.6%
Q2 2022-11.6%+0.2%+27.3%
Q1 2022-5.3%-6.3%+37.7%
Q4 2021-5.4%-12.2%-9.3%
Q3 2021-7.6%-22.8%-43.8%
Q2 2021+10.3%+20.5%-32.0%
Q1 2021+12.2%+30.0%+55.6%
Q4 2020-12.5%-16.6%-35.4%
Q3 2020-6.5%-21.8%-26.4%
Q2 2020+9.9%+20.9%+13.7%
Q1 2020+0.0%+22.8%-67.0%
Q4 2019+2.6%-1.0%+71.6%
Q3 2019+4.7%+3.1%+13.4%
Q2 2019-7.5%-6.8%-4.5%
Q1 2019-2.7%-5.3%+1.8%
Q4 2018-4.1%+6.6%-6.6%
Q3 2018-4.1%+0.0%-9.0%
Q2 2018-0.4%+1.4%-56.6%
Q1 2018+12.1%+11.5%+26.4%
Q4 2017-5.6%-1.9%+11.4%
Q3 2017-2.6%+3.4%+15.0%
Q2 2017-4.7%+0.3%-4.4%
Q1 2017+2.6%+10.4%-19.1%
Q4 2016+0.0%+0.0%+18.6%
Q3 2016+15.4%-1.5%-7.7%
Q2 2016+5.8%+17.9%+12.9%
Q1 2016+3.4%
Q4 2015+9.2%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+0.0%
Q4 2014-4.4%
Q3 2014-12.6%
Q2 2014-4.0%
Q1 2014-3.7%
Q4 2013+16.1%
Q3 2013-4.4%
Q2 2013-4.1%
Q1 2013+3.8%
Q4 2012+3.9%
Q4 2011-1.9%
Q1 2011+3.6%
Q3 2010+5.4%
Q2 2010+9.1%
Q1 2010-1.1%

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