Ensysce Biosciences Inc. reported a net loss attributable to common stockholders of $3.7 million for the third quarter of 2025, compared to a gain of $0.7 million in the same period of 2024. Cash and cash equivalents were $1.7 million as of September 30, 2025, down from $3.5 million at the end of 2024. Other income for the third quarter of 2025 was $12.0 thousand, compared to $17.0 thousand in the third quarter of 2024. Federal grants provided $0.5 million in funding for the quarter, a decrease from $3.4 million in the prior year period. During the quarter, Ensysce initiated its pivotal Phase 3 study of PF614 and completed a convertible preferred stock offering in November 2025, raising $4.0 million with up to $16.0 million in additional funding possible over the next 24 months.
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. Ensysce Biosciences Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1102648) on November 14, 2025, and is solely responsible for the information contained therein.
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