NASDAQ$MBRX

Moleculin Biotech Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported financial results for the second quarter of 2023, highlighting ongoing clinical development programs and positive preclinical and clinical data.

Moleculin Biotech reported its Q2 2023 financial results, with a focus on advancing its pipeline programs and addressing unmet medical needs in resistant cancers and viruses. The company's cash and cash equivalents were $32.2 million as of June 30, 2023, which is believed to be sufficient to meet projected operating requirements into the third quarter of 2024.

  • Reported preliminary efficacy data on Phase 1B/2 clinical trial with Annamycin in soft tissue sarcoma metastasized to the lungs, with 73% exhibiting stable disease after two cycles.
  • Announced successful completion of the Phase 1B portion of its Phase 1B/2 clinical trial Annamycin in combination with Cytarabine for the treatment of AML (MB-106) and opens the Phase 2 portion for recruitment.
  • Announced a preliminary CR/CRi rate of 33% in the Phase 1B portion of its MB-106 clinical trial.
  • Announced the publication of data from successful European Phase 1 clinical trial evaluating Annamycin as single agent treatment of relapsed or refractory acute myeloid leukemia in the British Journal of Cancer Research.

Headline financials

Total Revenue

$0.00

Previous: $0.00
EPS (adj)

-$3.00

Previous: -$3.60+16.7%
Capital Expenditures

-$15K

Previous: -$67K+77.6%
Free Cash Flow

-$5.99M

Previous: -$6.84M+12.5%
Net Income

-$5.98M

Previous: -$6.78M+11.8%
Operating Income

-$6.41M

Previous: -$7.43M+13.8%
Gross Profit

$0.00

Previous: $0.00
Cash & Equivalents

$32.2M

Previous: $58M-44.5%
Total Assets

$47.1M

Previous: $73.3M-35.7%
Stock-Based Comp

$513K

Previous: $514K-0.2%

Revenue & EPS history

Moleculin · Revenue · Quarterly

$0

Q2 2023

Forward guidance

Moleculin believes that its cash and cash equivalents of $32.2 million as of June 30, 2023 is sufficient to meet its projected operating requirements into the third quarter of 2024.

Historical earnings impact

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

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-1.3%

Avg return

Earnings day

-1.3%

Avg return

5 days after

-5.3%

Avg return

30 days after

33%

13 / 40 earnings

Positive

+28.1%

Q4 2019

Best reaction

-20.8%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q1 2026+2.8%+9.8%
Q3 2025-4.4%-3.5%-56.1%
Q2 2025-4.0%-11.7%-46.1%
Q1 2025-8.2%-1.3%-35.3%
Q4 2024-2.8%-3.7%-12.8%
Q3 2024+3.5%+6.3%+3.9%
Q2 2024-5.1%+2.1%+3.4%
Q1 2024+1.9%+6.7%-9.2%
Q4 2023-20.8%-16.4%-29.9%
Q3 2023+1.9%+9.3%-2.4%
Q2 2023-1.3%-7.5%-32.7%
Q1 2023-14.4%-21.7%-23.1%
Q4 2022-1.9%-7.8%-24.0%
Q3 2022+5.1%+6.1%+48.6%
Q2 2022+9.3%+3.7%-12.3%
Q1 2022+1.6%+9.0%+23.0%
Q4 2021-4.4%-1.7%+1.1%
Q3 2021+0.0%-6.5%-5.7%
Q2 2021-3.3%-11.1%-0.3%
Q1 2021-3.8%-2.6%+13.2%
Q4 2020-1.5%-6.6%-99.8%
Q3 2020+2.9%+8.5%+14.1%
Q2 2020-7.4%-5.6%-29.0%
Q1 2020+0.0%+0.0%+11.2%
Q4 2019+28.1%+27.9%+155.9%
Q3 2019+0.9%-0.9%-4.7%
Q2 2019+6.5%+10.2%+13.0%
Q1 2019-0.8%-5.7%-4.9%
Q4 2018+3.8%-1.5%-0.8%
Q3 2018-3.1%+6.1%-3.8%
Q2 2018+0.0%-1.2%+0.0%
Q1 2018-0.6%-0.6%+12.1%
Q4 2017-3.2%-1.1%-0.5%
Q3 2017-0.4%+3.7%+5.6%
Q2 2017-7.7%-11.8%-3.7%
Q1 2017-4.7%-4.9%+0.0%
Q4 2016-12.8%-28.2%-27.4%
Q3 2016-2.4%+1.7%-50.5%
Q2 2016-1.6%-6.7%-1.0%
Q1 2016+2.3%+5.4%+5.2%
Q3 2015

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