Evaxion narrows Q2 net loss as G&A spending falls on lower capital markets costs, company says - EVAX News | RalliesEvaxion narrows Q2 net loss as G&A spending falls on lower capital markets costs, company says
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EVAX• Q2 loss narrows on lower G&A spending
- For Q2 2026, net loss narrowed to USD 3.73 million from USD 4.83 million, reflecting lower general and administrative spending.
- General and administrative expense fell to USD 1.51 million from USD 2.21 million, driven by lower capital markets transaction costs.
- Research and development expense rose to USD 2.33 million from USD 2.17 million on project-related pipeline program costs.
- Cash and cash equivalents declined to USD 14 million at June 30, 2026 from USD 23.2 million at Dec. 31, 2025.
- Management kept its cash runway outlook unchanged, projecting funding into the second half of 2027 under current plans and forecast cash burn.
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