2023-05-12 07:31:54 ET
- Sol-Gel Technologies press release ( NASDAQ: SLGL ): Q1 GAAP EPS of -$0.41.
- Revenue of $0.76M.
- As of March 31, 2023, Sol-Gel had $20.3 million in cash, cash equivalents and deposits, and $18.4 million in marketable securities for a total balance of $38.7 million. The balance as of March 31, 2023, does not include $10 million received in April 2023 as part of 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 -$0.41