Acurx Pharmaceuticals reports third quarter cash position of $5.9 million

Reuters2025-11-12

Acurx Pharmaceuticals reports third quarter cash position of $5.9 million

Acurx Pharmaceuticals Inc. reported a net loss of $2.0 million, or $1.23 per diluted share, for the third quarter ended September 30, 2025, compared to a net loss of $2.8 million, or $3.45 per diluted share, for the same period in 2024. For the nine months ended September 30, 2025, the net loss was $6.4 million, or $5.01 per share, compared to $11.3 million, or $14.23 per share, in the prior year period. The company ended the quarter with $5.9 million in cash, up from $3.7 million as of December 31, 2024. General and administrative expenses for the nine months ended September 30, 2025, were $4.9 million, down from $6.8 million for the same period in 2024. Key business developments included the publication of structural biology research on ibezapolstat in Nature Communications, the granting of a new Australian patent for DNA polymerase IIIC inhibitors, and the approval of an increase in authorized common stock from 200 million to 250 million shares. The company had 1,800,299 shares outstanding as of September 30, 2025.

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. Acurx Pharmaceuticals Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY17752) on November 12, 2025, and is solely responsible for the information contained therein.

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For the nine months ended September 30, 2025, the net loss was $6.4 million, or $5.01 per share, compared to $11.3 million, or $14.23 per share, in the prior year period. The company ended the quarter with $5.9 million in cash, up from $3.7 million as of December 31, 2024. General and administrative expenses for the nine months ended September 30, 2025, were $4.9 million, down from $6.8 million for the same period in 2024. Key business developments included the publication of structural biology research on ibezapolstat in Nature Communications, the granting of a new Australian patent for DNA polymerase IIIC inhibitors, and the approval of an increase in authorized common stock from 200 million to 250 million shares. 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