NASDAQ$FLNA

Filana Therapeutics Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Announced financial results for the year ended December 31, 2022, and provided operating updates.

Cassava Sciences reported financial results for the year ended December 31, 2022, and provided operating updates.

  • Over 1,000 patients with Alzheimer’s are now enrolled in Phase 3 studies.
  • Expect to reach enrollment target of approximately 1,750 patients for the Phase 3 studies by year-end 2023.
  • Top-line results for an open-label study showed Simufilam was well-tolerated, with 47% of patients improving on ADAS-Cog scores over 12 months and an additional 23% declining less than 5 points on ADAS-Cog.
  • Cassava Sciences is currently evaluating simufilam tablets for Alzheimer’s disease dementia in two Phase 3 clinical studies.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$0.47

Previous: -$0.35-34.3%
Capital Expenditures

-$335K

Previous: $100K-435.0%
Free Cash Flow

-$21M

Previous: -$8.09M-159.5%
Net Income

-$19.1M

Previous: -$14.2M-35.0%
Operating Income

-$20.9M

Previous: -$14.4M-45.0%
Cash & Equivalents

$201M

Previous: $233M-13.9%
Total Assets

$235M

Previous: $267M-12.0%
Stock-Based Comp

$616K

Previous: $522K+18.0%

Revenue & EPS history

Cassava Sciences · Revenue · Quarterly

$0

Q4 2022

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 2022

Historical avgQ4 2022

+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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