- Compugen press release ( NASDAQ: CGEN ): Q4 GAAP EPS of -$0.04 beats by $0.10 .
- Revenue of $7.5M.
- As of December 31, 2022, Compugen had ~$83.7 million in cash, cash equivalents, restricted cash and short-term bank deposits compared with ~$117.8 million as of December 31, 2021.
- Compugen expects that its current cash will be sufficient to fund its operating plans at least through the end of 2024. The Company has no debt.
- 2023 cash guidance : Compugen expects 2023 cash burn to be in the range of $37 to $39 million.
For further details see:
Compugen reports Q4 earnings; initiates FY23 cash burn guidance