- Tivic published a full-year earnings release reporting operating expenses of USD 7.9 million, up 75.56%.
- Net loss before discontinued operations was expected to be USD 7.9 million to USD 8.1 million, up 75.56%.
- Net loss was expected to be USD 8.8 million to USD 9.1 million, up 54.39%.
- Cash and cash equivalents totaled USD 12.6 million, up more than 5x, with working capital of USD 12.4 million.
- Michael K. Handley said the expense increase reflected the addition of a biopharma business to advance Entolimod and added headcount, including 45 employees hired after forming Velocity Bioworks as a CDMO subsidiary.
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. Tivic Health Systems Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603251605ACCESSWRNAPR_____1151608) on March 25, 2026, and is solely responsible for the information contained therein.
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