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ACCESS Newswire·

Dermata Therapeutics Provides Corporate Update and Reports Financial Results for the Third Quarter 2026

  • Dermata Therapeutics generated its first product revenue following the August 25, 2026, launch of Tome Foundational Treatment via its direct-to-consumer ecommerce platform.
  • The company transitioned from a development-stage pharmaceutical entity to a revenue-generating commercial skincare business with approximately 30% of initial orders coming from subscriptions.
  • Positive clinical study results from October 2026 showed improvements in skin appearance for over 71% of participants after a single treatment, supporting the brand's "Studied Skincare" positioning.
  • A clinical trial for the second planned product, Tome Clearing Treatment for acne, began enrollment in October 2026 with a target launch in the first half of 2027.
  • Net sales for the quarter ended September 30, 2026, were $74,000, resulting in a gross profit of $40,000 with an approximate 54% profit margin.
  • Cash, cash equivalents, restricted cash decreased to $5.0 million as of September 30, 2026, from $7.5 million at year-end 2025, with operations sufficient to fund activities into the first quarter of 2027.
  • Selling, general administrative expenses increased to $2.8 million for the quarter due to commercialization activities, compensation reallocation, litigation, new trademarks.
  • Research development expenses decreased to $0.1 million for the quarter as employee duties shifted to support the commercial launch of Tome Foundational Treatment.
Company
Dermata Therapeutics
Keywords
Healthcare & Pharmaceutical, Earnings