Feb. 4 at 5:40 AM
$MSCLF Satellos Bioscience reported its most recent cash position in the third quarter 2025, financial results ended September 30, 2025, released on November 14, 2025.
Cash and cash equivalents, US
$19.3 million Short term investments: US
$15.3 million Total cash, cash equivalents, and short-term investments. US
$34.6 million end of September 2025.
Analysts and company statements from earlier 2025 estimated cash runway into 2026 or through key milestones like Phase 2 initiation. However, with burn rates around US
$20-21 million annually the runway is likely sometime this year or sooner.
Lots of going ons with this company, with the latest consolidation of 15 million shares and a lofty PPS of
$12 that used to be 185 million shares with PPS in pennies. The time is ripe for the company to make money in lieu of the brave souls buying this pig.
I can see the vultures dressed in bears circling, getting ready to pounce on this for the take down. This is bio where lots get slaughtered. GL.