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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.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.
- TimeTickerHeadlineOpen
- 6 FebJKHY
Record revenue and net income growth drive raised guidance and strong segment performance. - 6 FebMGY
Record production, strong free cash flow, and disciplined capital returns defined 2025. - 6 FebQNST
Record Q2 revenue, $50.2M net income, HomeBuddy acquisition, and AI drive growth. - 6 FebOPGN
Shareholders will vote on seven key proposals, including a new equity plan and company name change. - 6 FebCDP
2025 FFO/share up 5.8% with strong leasing; 2026 outlook positive amid record defense spending. - 6 FebVTR
2025 saw double-digit SHOP NOI and FFO growth, a raised dividend, and $2.5B in investments. - 6 FebREG
2025 delivered record NOI and FFO growth, with 2026 guidance projecting further gains. - 6 FebMNTS
All stock issuance proposals passed except the share increase, which was not approved. - 6 FebCPT
2025 beat guidance; 2026 sees lower FFO, Sun Belt focus, and major asset sales with share repurchases. - 6 FebKOG
Record growth, robust backlog, and a NOK 5.70 dividend proposal drive future expansion.
Next Harvard Apparatus Regenerative Technology earnings date
Next Harvard Apparatus Regenerative Technology earnings date
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