Cybin reports Q1 results

Published 2 months ago Negative
Cybin reports Q1 results
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* Cybin press release [https://seekingalpha.com/pr/20200373-cybin-reports-important-progress-on-key-milestones-and-first-quarter-fiscal-year-2026] (NYSE:CYBN [https://seekingalpha.com/symbol/CYBN]): Q1 cash totaled $118.7 million as of June 30, 2025.
* Net loss was $24.6 million for the quarter ended June 30, 2025, compared to a net loss of $10.8 million in the same period last year.
* Cash-based operating expenses consisting of research, general, and administrative costs totaled $23.9 million for the quarter ended June 30, 2025, compared to $11.9 million, in the same period last year.
* Cash flows used in operating activities were $29.5 million for the quarter ended June 30, 2025, compared to $19.9 million in the same period last year.

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