MeiraGTx Holdings plc Q1 2025 10-Q Filing
Ticker: MGTX · Form: 10-Q · Filed: May 13, 2025 · CIK: 1735438
Sentiment: neutral
Topics: 10-Q, financials, biotech
TL;DR
MeiraGTx Q1 2025: $790M assets, $64M liabilities, $0.51M revenue, $78.4M net loss. Still burning cash.
AI Summary
MeiraGTx Holdings plc filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $790.3 million and total liabilities of $64.1 million as of March 31, 2025. For the three months ended March 31, 2025, the company had total revenues of $0.51 million and a net loss of $78.4 million.
Why It Matters
This filing provides a financial snapshot of MeiraGTx Holdings plc for the first quarter of 2025, detailing their assets, liabilities, revenues, and net loss, which is crucial for investors to assess the company's financial health and performance.
Risk Assessment
Risk Level: medium — The company reported a significant net loss in the quarter, indicating ongoing operational costs and potential cash burn, which is a common risk for biotech companies in development stages.
Key Numbers
- $790.3M — Total Assets (As of March 31, 2025, indicating the company's resources.)
- $64.1M — Total Liabilities (As of March 31, 2025, representing the company's obligations.)
- $0.51M — Q1 2025 Revenue (Revenue generated in the first quarter of 2025.)
- $78.4M — Q1 2025 Net Loss (The company's net loss for the first quarter of 2025.)
Key Players & Entities
- MeiraGTx Holdings plc (company) — Filer of the 10-Q
- March 31, 2025 (date) — End of the reporting period
- $790.3 million (dollar_amount) — Total assets as of March 31, 2025
- $64.1 million (dollar_amount) — Total liabilities as of March 31, 2025
- $0.51 million (dollar_amount) — Total revenues for the three months ended March 31, 2025
- $78.4 million (dollar_amount) — Net loss for the three months ended March 31, 2025
FAQ
What was MeiraGTx Holdings plc's net loss for the first quarter of 2025?
MeiraGTx Holdings plc reported a net loss of $78.4 million for the three months ended March 31, 2025.
What were the total assets of MeiraGTx Holdings plc as of March 31, 2025?
As of March 31, 2025, MeiraGTx Holdings plc had total assets of $790.3 million.
What were the total liabilities of MeiraGTx Holdings plc as of March 31, 2025?
MeiraGTx Holdings plc reported total liabilities of $64.1 million as of March 31, 2025.
What was the revenue for MeiraGTx Holdings plc in the first quarter of 2025?
For the three months ended March 31, 2025, MeiraGTx Holdings plc had total revenues of $0.51 million.
What is the fiscal year-end for MeiraGTx Holdings plc?
MeiraGTx Holdings plc's fiscal year ends on December 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 13, 2025 regarding MeiraGTx Holdings plc (MGTX).