The chart below shows how VTGN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VTGN sees a -4.01% change in stock price 10 days leading up to the earnings, and a -2.42% change 10 days following the report. On the earnings day itself, the stock moves by -0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
R&D Expense Increase: Research and development expenses were $10.2 million for the quarter ended September 30, 2024, compared to $3.9 million for the same period last year, indicating a significant increase in investment in R&D.
R&D Expense Increase: The increase in R&D expenses was primarily due to an increase in clinical and development expenses related to our PALISADE Phase 3 program for fasedenol for the acute treatment of SAD.
Administrative Expense Increase: General and administrative expenses were $4.2 million for the quarter ended September 30, 2024, compared to $3.2 million for the same period last year, reflecting growth in operational support.
Strong Financial Position: As of September 30, 2024, we had $97.6 million in cash, cash equivalents, and marketable securities, providing a strong financial position to support ongoing projects.
Innovation in Pharmaceutical Care: We are advancing multiple opportunities to set new standards of care in several high-prevalence pharmaceutical markets, demonstrating our commitment to innovation and growth.
Negative
R&D Expense Increase: Research and development expenses were $10.2 million for the quarter ended September 30, 2024, compared to $3.9 million for the same period last year.
R&D Expense Increase: The increase in R&D expenses was primarily due to an increase in clinical and development expenses related to our PALISADE Phase 3 program for fasedenol for the acute treatment of SAD, an increase in headcount and an increase in consulting and professional services.
Administrative Expense Increase: General and administrative expenses were $4.2 million for the quarter ended September 30, 2024, compared to $3.2 million for the same period last year.
G&A Expense Increase: The increase in G&A expenses was primarily due to an increase in headcount and professional services fees.
Net Loss Comparison: Our net loss attributable to common stockholders was $13 million for the quarter ended September 30, 2024, compared to $6.6 million for the same period last year.
Vistagen Therapeutics, Inc. (VTGN) Q2 2025 Earnings Call Transcript
VTGN.O
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