
BRIACELL THERAPEUTICS CORP C/WTS 26/02/2026(TO PUR COM) | 10-Q: FY2025 Q3 EPS: USD -1.64

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EPS: As of FY2025 Q3, the actual value is USD -1.64.
Segment Revenue
- Research, Development, and Clinical Trial Costs: For the three-month period ended April 30, 2025, total research, development, and clinical trial costs amounted to $4,810,196, compared to $7,657,632 for the same period in 2024. For the nine-month period ended April 30, 2025, these costs were $14,160,314, down from $22,772,344 in 2024.
Operational Metrics
- Net Loss: The net loss for the three-month period ended April 30, 2025, was $6,224,929, compared to a net income of $1,692,242 for the same period in 2024. For the nine-month period ended April 30, 2025, the net loss was $18,392,033, compared to $3,682,796 in 2024.
- Operating Loss: The operating loss for the three-month period ended April 30, 2025, was $6,328,255, compared to $9,229,648 in 2024. For the nine-month period ended April 30, 2025, the operating loss was $18,650,530, compared to $27,562,122 in 2024.
Cash Flow
- Operating Cash Flow: Net cash used in operating activities for the nine-month period ended April 30, 2025, was $20,038,075, compared to $20,090,398 for the same period in 2024.
- Financing Activities: Cash gained from financing activities for the nine-month period ended April 30, 2025, was $31,891,239, compared to nil for the same period in 2024.
Unique Metrics
- Change in Fair Value of Warrant Liability: For the three-month period ended April 30, 2025, the change in fair value of the warrant liability was $175,826, compared to $10,945,672 in 2024. For the nine-month period ended April 30, 2025, it was $366,024, compared to $23,660,003 in 2024.
Future Outlook and Strategy
- Core Business Focus: The company is advancing its Bria-IMT™ targeted immunotherapy in a pivotal Phase 3 study in metastatic breast cancer, which is under Fast Track Designation by the U.S. FDA. Completion of this study could lead to full approval of Bria-IMT™ plus an immune checkpoint inhibitor.
- Non-Core Business: BriaCell is conducting a Phase 1⁄2 study to evaluate Bria-OTS™, a personalized next-generation immunotherapy, in metastatic breast cancer and other cancers. This study investigates Bria-OTS™ alone and in combination with an immune checkpoint inhibitor.

