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Stock impact report

Citius Pharmaceuticals Inc (CTXR) Reports Q1 2024 Financials and Progress in Clinical Trials [Yahoo! Finance]

Citius Pharmaceuticals, Inc. (CTXR) 
NASDAQ:AMEX Investor Relations: ir.citiuspharma.com
Company Research Source: Yahoo! Finance
Shares Outstanding : As of December 31, 2023, there were 158,966,576 common shares outstanding. R&D Expenses : R&D expenses decreased to $2.6 million in Q1 2024 from $3.4 million in Q1 2023. G&A Expenses : G&A expenses increased to $3.7 million in Q1 2024 from $2.6 million in Q1 2023. Net Loss : Net loss widened to $9.2 million, or ($0.06) per share, in Q1 2024 compared to a net loss of $3.6 million, or ($0.02) per share, in Q1 2023. Stock-based Compensation : Stock-based compensation expense increased to $3.1 million in Q1 2024 from $1.2 million in Q1 2023. Warning! GuruFocus has detected 1 Warning Sign with CTXR. On February 14, 2024, Citius Pharmaceuticals Inc ( NASDAQ:CTXR ) released its 8-K filing , detailing its financial results for the fiscal first quarter of 2024 which ended on December 31, 2023. The company, a late-stage biopharmaceutical entity, is focused on developing and commercializing critical care products, including its four proprietary product candidate Show less Read more
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