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Cerenome (CNSY) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 31, 2025

Cerenome (CNSY) reported revenue of $1.4M for the fourth quarter 2024 (Q4 2024) and -3% from the quarter before. Operating margin was -276.2%, net loss $3.9M (276.4% of revenue).

Revenue$1.4M
Year over year—
Quarter over quarter-3%
Operating margin-276.2%
Net earnings−$3.9M

Cerenome, Q4 2024: revenue $1.4M, operating margin -276.2%, net loss $3.9M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$1.4M-3%—
Operating profit−$3.9M——
Net earnings−$3.9M——
Operating cash flow−$1.2M——

What changed

Revenue was $1.4M in Q4 2024, down 3% from the previous quarter.

Operating costs exceeded revenue by $3.9M, an operating margin of -276.2%. The quarter ended with a net loss of $3.9M, wider than the previous quarter's $2.9M loss.

Operating cash flow was −$1.2M. Non-cash charges added back $199K of depreciation and amortization and $128K of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $11K exceeded it, leaving free cash flow of −$1.2M.

Questions

What was Cerenome's revenue in the fourth quarter 2024?

Cerenome (CNSY) reported revenue of $1.4M for the fourth quarter 2024 (Q4 2024) and -3% from the quarter before.

Was Cerenome profitable in the fourth quarter 2024?

Operating loss was $3.9M (-276.2% of revenue) and net loss $3.9M.

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Source: Cerenome 10-K on SEC EDGAR.