Enveric Biosciences posts Q3 net loss of $3.4 million

Reuters11-15
<a href="https://laohu8.com/S/ENVB">Enveric Biosciences</a> posts Q3 net loss of $3.4 million

Enveric Biosciences reported a net loss attributable to common stockholders of $3.4 million for the third quarter ended September 30, 2025, or $10.8 per share, compared to a net loss of $2.1 million, or $43.1 per share, for the same period in 2024, adjusted for the reverse stock split. The net loss included approximately $0.2 million in non-cash expenses related to stock-based compensation and other non-cash charges. As of September 30, 2025, the company held $3.8 million in cash and cash equivalents and raised $7.9 million in net proceeds during the nine months ended September 30, 2025. Key business developments included progress towards clinical trials for lead candidate EB-003, completion of chemistry, manufacturing, and controls milestones, dose range studies, and efforts to expand and defend the company's intellectual property portfolio.

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. Enveric Biosciences Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113113066) on November 14, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment