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GRI Bio
GRI Bio (GRI) investor relations material
GRI Bio Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Feb, 2026
Executive summary
Reported $8.2 million in cash and cash equivalents as of December 31, 2025, with an additional $6.5 million raised in January 2026, strengthening the balance sheet to fund operations into Q1 2027.
Delivered strong Phase 2a clinical data for GRI-0621 in idiopathic pulmonary fibrosis, reinforcing clinical proof-of-concept and therapeutic differentiation.
Advanced GRI-0803 for autoimmune indications through IND-enabling activities, expanding the pipeline.
Financial highlights
Net loss was $12 million for the year ended December 31, 2025.
Research and development expenses increased to $6.8 million in 2025 from $3.8 million in 2024, mainly due to higher costs for the GRI-0621 program.
General and administrative expenses rose to $5.2 million in 2025 from $4.5 million in 2024, primarily due to increased personnel costs.
Outlook and guidance
Cash position is expected to fund planned operations into the first quarter of 2027.
Substantial additional capital will be required to fund a Phase 2b clinical trial of GRI-0621.
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Next GRI Bio earnings date
Corporate Connect Webinar Series11 Feb, 2026
GRI Bio
Next GRI Bio earnings date
Corporate Connect Webinar Series11 Feb, 2026
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Frequently asked questions
GRI Bio Inc. is a biotechnology company focused on developing therapies for inflammatory, fibrotic, and autoimmune diseases. The company specializes in modulating natural killer T (NKT) cells to target immune system dysregulation. Its research and development efforts aim to advance novel small-molecule drug candidates for conditions with high unmet medical needs. The company is headquartered in La Jolla, California, and its shares are listed on the NASDAQ.
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