Genelux Corporation posts Q3 net loss of $8.0 million

Reuters11-06

<a href="https://laohu8.com/S/GNLX">Genelux Corporation</a> posts Q3 net loss of $8.0 million

Genelux Corporation reported a net loss of $8.0 million, or $0.21 per share, for the third quarter of 2025, compared to a net loss of $6.5 million, or $0.19 per share, in the same period in 2024. Research and development expenses increased to $4.7 million from $4.1 million, mainly due to higher stock compensation and clinical trial costs. General and administrative expenses rose to $3.5 million from $2.9 million, primarily driven by increased stock compensation and salaries. As of September 30, 2025, Genelux held $21.0 million in cash, cash equivalents, short-term investments, and restricted cash, with a projected cash runway into the third quarter of 2026. Key business developments include continued progress in the Olvi-Vec program for solid tumors, ongoing enrollment in the Phase 3 ovarian cancer trial with topline data expected in the second half of 2026, and advancing lung cancer studies with interim data updates anticipated in the fourth quarter of 2025 and throughout 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genelux Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9569785-en) on November 05, 2025, and is solely responsible for the information contained therein.

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Research and development expenses increased to $4.7 million from $4.1 million, mainly due to higher stock compensation and clinical trial costs. General and administrative expenses rose to $3.5 million from $2.9 million, primarily driven by increased stock compensation and salaries. As of September 30, 2025, Genelux held $21.0 million in cash, cash equivalents, short-term investments, and restricted cash, with a projected cash runway into the third quarter of 2026. 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Research and development expenses increased to $4.7 million from $4.1 million, mainly due to higher stock compensation and clinical trial costs. General and administrative expenses rose to $3.5 million from $2.9 million, primarily driven by increased stock compensation and salaries. As of September 30, 2025, Genelux held $21.0 million in cash, cash equivalents, short-term investments, and restricted cash, with a projected cash runway into the third quarter of 2026. 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Research and development expenses increased to $4.7 million from $4.1 million, mainly due to higher stock compensation and clinical trial costs. General and administrative expenses rose to $3.5 million from $2.9 million, primarily driven by increased stock compensation and salaries. As of September 30, 2025, Genelux held $21.0 million in cash, cash equivalents, short-term investments, and restricted cash, with a projected cash runway into the third quarter of 2026. Key business developments include continued progress in the Olvi-Vec program for solid tumors, ongoing enrollment in the Phase 3 ovarian cancer trial with topline data expected in the second half of 2026, and advancing lung cancer studies with interim data updates anticipated in the fourth quarter of 2025 and throughout 2026.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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