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Enlivex Therapeutics (ENLV) investor relations material
Enlivex Therapeutics Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Clinical-stage immunotherapy company focused on macrophage reprogramming, with Allocetra as lead candidate for osteoarthritis and sepsis indications.
Announced positive three-month topline data for Allocetra in moderate-to-severe knee osteoarthritis, showing significant efficacy and favorable safety profile.
Reprioritized pipeline to focus on inflammatory and autoimmune indications, reducing workforce and seeking external partnerships for oncology and sepsis programs.
Financial highlights
Net loss for nine months ended September 30, 2025 was $7.5M, down 23% from $9.8M in the prior year period; Q3 net loss was $2.2M, down 15% year-over-year.
Research and development expenses decreased 14% year-over-year to $6.2M for nine months, and 36% for Q3, reflecting lower clinical study and manufacturing costs.
General and administrative expenses rose 4% year-over-year to $3.0M for nine months, and 40% for Q3, mainly due to higher director fees and professional services.
Finance income, net, increased to $1.6M for nine months, driven by interest income and favorable currency fluctuations.
Cash and cash equivalents plus short-term deposits totaled $18.2M as of September 30, 2025.
Outlook and guidance
Existing cash resources expected to fund operations through end of 2026, including planned clinical milestones.
Anticipates continued operating losses and need for additional funding to advance clinical programs and potential commercialization.
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