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BioXcel Therapeutics Inc (BTAI) Q3 2024 Earnings Call Highlights: Strategic Trials and ... [Yahoo! Finance]

BioXcel Therapeutics, Inc. (BTAI) 
Last bioxcel therapeutics, inc. earnings: 11/14 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Revenue for Nine Months Ended September 30, 2024: $1.9 million, an 89% increase from $1 million in the same period in 2023. Cost of Goods Sold: $1.2 million for Q3 2024, compared to $512,000 for Q3 2023. Research and Development Expenses: $5.1 million for Q3 2024, compared to $19.6 million for Q3 2023. Selling, General, and Administrative Expenses: $7.7 million for Q3 2024, compared to $24.3 million for Q3 2023. Net Loss: $13.7 million for Q3 2024, compared to $50.5 million for Q3 2023. Operating Cash Used: $16.3 million during Q3 2024. Cash and Cash Equivalents: $40.4 million as of September 30, 2024. Warning! GuruFocus has detected 6 Warning Signs with BTAI. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript BioXcel Therapeutics Inc ( NASDAQ:BTAI ) announced important milestones with two pivotal Phase 3 trials for BXCL501, targeting agitation associated with bipolar disorder, sc Show less Read more
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