SLGL - Sol-Gel Technologies GAAP EPS of -$0.65 misses by $0.15 revenue of $3.88M misses by $1.8M
2023-03-10 07:39:20 ET
- Sol-Gel Technologies press release ( NASDAQ: SLGL ): FY GAAP EPS of -$0.65 misses by $0.15 .
- Revenue of $3.88M (-87.6% Y/Y) misses by $1.8M .
- As of December 31, 2022, Sol-Gel had $24.9million in cash, cash equivalents and bank deposits, and $8.7 million in marketable securities for a total balance of $33.6million.
- Following the $22.8 million raised in the recent financing, the Company expects that its cash resources will enable funding of operational and capital expenditure requirements into the second half of 2025.
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Sol-Gel Technologies GAAP EPS of -$0.65 misses by $0.15, revenue of $3.88M misses by $1.8M