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Cerenome (CNSY) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

Cerenome (CNSY) reported revenue of $1.4M for the third quarter 2025 (Q3 2025), -4% from a year earlier and +0.5% from the quarter before. Operating margin was -320.8%, net loss $4.4M (316.6% of revenue).

Revenue$1.4M
Year over year-4%
Quarter over quarter+0.5%
Operating margin-320.8%
Net earnings−$4.4M

Cerenome, Q3 2025: revenue $1.4M (-4% year over year), operating margin -320.8%, net loss $4.4M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.4M+0.5%-4%
Operating profit−$4.5M——
Net earnings−$4.4M-186%—
Operating cash flow−$2.5M——

What changed

Revenue was $1.4M in Q3 2025, down 4% year over year and up 1% from the previous quarter.

Operating costs exceeded revenue by $4.5M, an operating margin of -320.8%. Total costs grew 12% against a revenue fall of 4%. The fastest-growing cost line was General & admin (+44%). The quarter ended with a net loss of $4.4M, after a profit of $5.2M the previous quarter.

Operating cash flow was −$2.5M. Non-cash charges added back $77K of depreciation and amortization and $527K of share-based compensation. Working capital and other items added $1.3M. Capital expenditures of $27K exceeded it, leaving free cash flow of −$2.6M.

Questions

What was Cerenome's revenue in the third quarter 2025?

Cerenome (CNSY) reported revenue of $1.4M for the third quarter 2025 (Q3 2025), -4% from a year earlier and +0.5% from the quarter before.

Was Cerenome profitable in the third quarter 2025?

Operating loss was $4.5M (-320.8% of revenue) and net loss $4.4M.

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Source: Cerenome 10-Q on SEC EDGAR.