Here's Why We're Watching Cyclacel Pharmaceuticals's (NASDAQ:CYCC) Cash Burn Situation [Yahoo! Finance News]
Cyclacel Pharmaceuticals, Inc. (CYCC)
Last cyclacel pharmaceuticals, inc. earnings: 2/26 04:05 pm
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US:NASDAQ Investor Relations:
investor.cyclacel.com/investor-relations
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Source: Yahoo! Finance News
Here's Why We're Watching Cyclacel Pharmaceuticals's (NASDAQ:CYCC) Cash Burn Situation There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should Cyclacel Pharmaceuticals NASDAQ:CYCC View our latest analysis for Cyclacel Pharmaceuticals Does Cyclacel Pharmaceuticals Have A Long Cash Runway? A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. In June 2019, Cyclacel Pharmaceuticals had US$15m in cash, and was debt-free. In the last year, its cash burn was US$9.1m. So it had a cash runway of approximately 20 months from June 2019. That's not too bad, but it's fair to say the end of the cash runway is in sight, unless cash
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CYCC
News
- Cyclacel Pharmaceuticals Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Cyclacel Pharmaceuticals Announces Closing of Exercise of Warrants for $2.1 Million Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Cyclacel Pharmaceuticals Announces Closing of Exercise of Warrants for $2.1 Million Gross ProceedsGlobeNewswire
- Cyclacel Pharmaceuticals Announces Exercise of Warrants for $2.1 Million Gross Proceeds [Yahoo! Finance]Yahoo! Finance
CYCC
Earnings
- 11/12/24 - Beat
CYCC
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- CYCC's page on the SEC website