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CervoMed Inc. (CRVO)

For the quarter ending 2025-06-30, CRVO made $1,757,724 in revenue. -$6,280,410 in net income. Net profit margin of -357.30%.

Overview

Revenue
$1,757,724
Net Income
-$6,280,410
Net Profit Margin
-357.30%
Unit: Dollar

Unit: Dollar
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Grant revenue1,757,724 1,917,491 1,939,751 3,288,971
Research and development5,108,625 4,837,798 5,125,097 3,772,391
General and administrative3,265,374 2,382,577 2,210,927 2,511,679
Total operating expenses8,373,999 7,220,375 7,336,024 6,284,070
Loss from operations-6,616,275 -5,302,884 -5,396,273 -2,995,099
Other expense-10,256 -135 -3,440 -247
Interest income368,127 408,985 646,172 678,441
Total other income, net357,871 408,850 642,732 678,194
Net loss-6,258,404 -4,894,034 -4,753,541 -2,316,905
Net unrealized loss on marketable securities-22,006 -34,974 142,864 -19,702
Total comprehensive loss-6,280,410 -4,929,008 -4,610,677 -2,336,607
Diluted eps- - -0.55 -
Diluted average shares- - 8,702,764 -
Net loss per share of common stock, basic and diluted (in dollars per share)-0.7 -0.56 -0.55 -0.27
Weighted average shares outstanding, basic and diluted (in shares)8,950,521 8,702,719 8,702,764 8,702,764
Unit: Dollar

Income Statement

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Total comprehensiveloss-$6,280,410 (-168.78%↓ Y/Y)Interest income$368,127 (-45.74%↓ Y/Y)Net loss-$6,258,404 (-170.12%↓ Y/Y)Net unrealized losson marketable...-$22,006 (-11.69%↓ Y/Y)Total other income,net$357,871 (-47.23%↓ Y/Y)Other expense-$10,256 (-4052.23%↓ Y/Y)Loss from operations-$6,616,275 (-120.90%↓ Y/Y)Grant revenue$1,757,724 (-46.56%↓ Y/Y)Total operatingexpenses$8,373,999 (33.26%↑ Y/Y)General andadministrative$3,265,374 (30.01%↑ Y/Y)Research and development$5,108,625 (35.42%↑ Y/Y)