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BeyondSpring — Third Quarter 2026 Earnings Summary

  • Reported a net loss of $2.1 million for the quarter ended September 30, 2026, compared to a $1.6 million loss in the prior year period; however, net income attributable to BeyondSpring Inc. was $50.8 million for the quarter and $47.8 million year-to-date, driven by a $53.7 million gain on the sale of a subsidiary.
  • Shareholders' equity turned positive to $15.2 million as of September 30, 2026, reversing a $32.2 million deficit from December 31, 2025, while cash and short-term investments declined to $0.6 million from $4.0 million.
  • The company's lead asset, Plinabulin, received FDA Fast Track designation for the combination with docetaxel in advanced non-squamous NSCLC patients without actionable genomic alterations who have progressed after anti-PD-(L)1 therapy and platinum-based chemotherapy.
  • Management aims to advance the DUBLIN-4 trial toward a prespecified interim analysis at 221 progression-free survival events, supported by a strategic transaction where Biolin Investment Limited will fund approximately half of the China portion of the 442-patient enrollment.
  • Revenue remained $0 for the quarter and year-to-date periods, and the company continues to pursue financing and strategic opportunities to support global trial execution and address risks related to listing requirements.
Company
BEYONDSPRING INC
Sector
Healthcare
Industry
Biotechnology