Acurx net loss flat at $2.26 million in Q2 2026
Reuters2026/08/13 20:16- Acurx posted a net loss of $2.26 million for the quarter ended June 30, 2026, little changed from a year earlier.
- R&D expense climbed 104% to $1.07 million, driven by higher manufacturing costs and consulting fees tied to the recurrent CDI program.
- G&A expense fell 29% to $1.24 million on lower professional fees, legal fees, and share-based compensation.
- Cash totaled $10.7 million at June 30, 2026; working capital was $8.2 million.
- April registered direct offering raised about $2.5 million gross, with concurrent 24-month warrants issued for up to 1,650,170 shares at $2.78.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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