The company said, “Cash, cash equivalents and marketable securities as of March 31, 2024, totaled $329.0 million, compared to $363.0 million on March 31, 2023. We expect that our existing cash, cash equivalents and marketable securities held on March 31, 2024, will enable us to fund our operating expenses and capital expenditure requirements into the fourth quarter of 2025.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PROK:
- ProKidney Reports Business Updates and First Quarter 2024 Financial Results
- ProKidney Bolsters Leadership with Expert EVP, Enhances Operations
- ProKidney appoints Ulrich Ernst as EVP, technical operations
- ProKidney Announces Key Leadership Appointments Strengthening Clinical and Technical Operations
- ProKidney reports FY23 EPS (57c), consensus (65c)