Belite Bio Inc. reports nine-month 2025 general and administrative expenses of USD 25.4 million, up over 3 times

Reuters12-02

<a href="https://laohu8.com/S/BLTE">Belite Bio</a> Inc. reports nine-month 2025 general and administrative expenses of USD 25.4 million, up over 3 times

Belite Bio Inc. reported its financial results for the nine months ended September 30, 2025. The company recorded a net loss of USD 52.3 million, compared to a net loss of USD 26.0 million for the same period in the previous year. Total operating expenses reached USD 56.1 million for the period, primarily driven by research and development expenses of USD 30.8 million and general and administrative expenses of USD 25.4 million. Interest income, net, was USD 3.5 million. As of September 30, 2025, Belite Bio Inc. had cash and cash equivalents of USD 157.0 million, short-term investments of USD 118.6 million, and working capital of USD 269.1 million. The company's accumulated deficit stood at USD 159.9 million at the end of the period. Net loss per ordinary share for the nine-month period was USD 1.60.

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. Belite Bio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-117358), on December 01, 2025, and is solely responsible for the information contained therein.

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The company recorded a net loss of USD 52.3 million, compared to a net loss of USD 26.0 million for the same period in the previous year. Total operating expenses reached USD 56.1 million for the period, primarily driven by research and development expenses of USD 30.8 million and general and administrative expenses of USD 25.4 million. Interest income, net, was USD 3.5 million. As of September 30, 2025, Belite Bio Inc. had cash and cash equivalents of USD 157.0 million, short-term investments of USD 118.6 million, and working capital of USD 269.1 million. The company's accumulated deficit stood at USD 159.9 million at the end of the period. Net loss per ordinary share for the nine-month period was USD 1.60.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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