NASDAQ$SCPX
Scorpius Holdings Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
NightHawk Biosciences reported a net loss and a decrease in contract revenue, while advancing its biopharmaceutical development and manufacturing capabilities.
NightHawk Biosciences reported a net loss of $10.2 million, or ($0.40) per share, for the second quarter of 2022. The company recognized $0.05 million in contract revenue, a decrease compared to the previous year. Despite the financial results, NightHawk is progressing with its biopharmaceutical development and manufacturing capabilities, including the upcoming opening of a biologics manufacturing facility and expansion of its pipeline.
- Contract revenue was $0.05 million, a decrease from $0.5 million in the prior year.
- Research and development expenses increased to $4.7 million from $4.2 million.
- General and administrative expenses increased to $4.9 million from $2.9 million.
- Net loss was $10.2 million, or ($0.40) per share, compared to a net loss of $6.5 million, or ($0.26) per share, in the prior year.
Headline financials
Revenue & EPS history
Scorpius Holdings · Revenue · Quarterly
$51K
Revenue by segment
Scorpius Holdings · $459K total across 1 segment · Q2 2021
- Grant and Contract Revenue$459K—100.0%
Forward guidance
NightHawk Biosciences is focused on advancing its biopharmaceutical development and manufacturing capabilities.
Tailwinds
- On track to open the Scorpion San Antonio biologics manufacturing facility in Q3.
- Actively progressing development efforts for commercial scale biomanufacturing facility in Manhattan, Kansas.
- Intends to provide a full suite of CDMO manufacturing and bioanalytic services to biopharmaceutical clients.
- Elusys subsidiary executed a contract to deliver ANTHIM® to Canada’s National Emergency Strategic Stockpile.
- Continuing to advance research efforts and expand pipeline through ongoing development at Skunkworx subsidiary.
Headwinds
- Ability to transition into a fully-integrated biopharmaceutical company via its subsidiary ecosystem.
- Ability to successfully integrate Elusys and expand ANTHIM® distribution abroad.
- NightHawk’s ability to commence operation in San Antonio and Kansas when anticipated and to successfully operate as a CDMO.
- NightHawk’s and its subsidiaries’ ability to maintain license agreements.
- The continued maintenance and growth of NightHawk’s and its subsidiaries’ patent estates.
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 Q2 2022
-0.3%
Avg return
Earnings day
+100.8%
Avg return
5 days after
+129.2%
Avg return
30 days after
38%
8 / 21 earnings
Positive
+5.2%
Q1 2021
Best reaction
-9.6%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | +0.0% | +1350.0% | +3100.0% | |
| Q2 2025 | +0.0% | +900.0% | -60.0% | |
| Q1 2025 | -1.4% | +0.7% | +4.1% | |
| Q4 2024 | +0.0% | -1.5% | -2.9% | |
| Q1 2026 | +2.8% | -41.4% | -41.1% | |
| Q1 2024 | +2.8% | -41.4% | -41.1% | |
| Q3 2024 | +3.5% | +12.6% | -35.6% | |
| Q4 2023 | +0.0% | +2.1% | -19.1% | |
| Q3 2023 | -0.8% | -13.7% | -34.5% | |
| Q2 2023 | -1.6% | -12.9% | -2.9% | |
| Q1 2023 | -0.0% | -4.0% | -24.6% | |
| Q4 2022 | -0.0% | -4.0% | -24.6% | |
| Q3 2022 | +2.3% | -4.4% | -33.6% | |
| Q2 2022 | +0.4% | -11.5% | -22.2% | |
| Q1 2022 | -1.0% | -5.8% | -23.3% | |
| Q4 2021 | -9.4% | +12.4% | +17.9% | |
| Q3 2021 | -2.5% | -7.2% | -21.6% | |
| Q2 2021 | +1.2% | -4.3% | -4.1% | |
| Q1 2021 | +5.2% | +6.2% | -0.7% | |
| Q4 2020 | +1.8% | -8.9% | -10.3% | |
| Q3 2020 | -9.6% | -7.0% | -7.0% |
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