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Stock impact report

We're Hopeful That Neumora Therapeutics (NASDAQ:NMRA) Will Use Its Cash Wisely [Yahoo! Finance]

Neumora Therapeutics, Inc. (NMRA) 
Company Research Source: Yahoo! Finance
For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So, the natural question for Neumora Therapeutics NASDAQ:NMRA ) shareholders is whether they should be concerned by its rate of cash burn. For the purpose of this article, we'll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). Let's start with an examination of the business' cash, relative to its cash burn. See our latest analysis for Neumora Therapeutics When Might Neumora Therapeutics Run Out Of Money? A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. In December 2023, Neumora Therapeutics had US$454m in cash, and was debt-free. In the las Show less Read more
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