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Harvard Apparatus Regenerative Technology
Harvard Apparatus Regenerative Technology (HRGN) investor relations material
Harvard Apparatus Regenerative Technology Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Focused on regenerative medicine for gastrointestinal disorders and consumer health products, with clinical-stage esophageal implant trials and dietary supplement sales in Asia.
Product revenue growth driven by new consumer health offerings and expanded distribution.
Ongoing clinical trial for esophageal implant faces recruitment delays; mitigation strategies are being implemented.
Substantial operating losses and accumulated deficit; additional capital required to fund operations beyond Q4 2025.
Financial highlights
Product revenue for Q3 2025 was $123,000, up 108% year-over-year; nine-month revenue was $485,000, up 182%.
Net loss for Q3 2025 was $1.7 million, a 9% improvement year-over-year; nine-month net loss was $5.2 million, a 19% improvement.
Operating expenses for Q3 2025 were $1.8 million, down 4% year-over-year; nine-month operating expenses were $5.7 million, down 13%.
Cash and cash equivalents as of September 30, 2025 were $1.3 million.
Outlook and guidance
Operating cash on hand expected to fund expenses into Q4 2025; additional financing is necessary to continue operations.
Continued operating losses and negative cash flows anticipated for the foreseeable future.
Q4 2025 funding strategy
Clinical trial recruitment mitigation progress
Consumer Health segment profit drivers
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Next Harvard Apparatus Regenerative Technology earnings date
Q4 202530 Mar, 2026
Harvard Apparatus Regenerative Technology
Next Harvard Apparatus Regenerative Technology earnings date
Q4 202530 Mar, 2026
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Frequently asked questions
Harvard Apparatus Regenerative Technology Inc is a U.S.-based biotechnology company developing regenerative medicine solutions. The company focuses on bioengineered implants for airway reconstruction using scaffold and cell technologies. Its research is aimed at treating life-threatening conditions such as tracheal damage and lung diseases. The company is headquartered in Holliston, Massachusetts, and its shares are listed on the OTCQB.
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