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CervoMed (CRVO) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 7, 2025

CervoMed (CRVO) reported revenue of $323K for the third quarter 2025 (Q3 2025), -83% from a year earlier and -82% from the quarter before.

Revenue$323K
Year over year-83%
Quarter over quarter-82%
Operating margin—
Net earnings−$7.7M

CervoMed, Q3 2025: revenue $323K (-83% year over year), net loss $7.7M, operating cash flow −$6.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$323K-82%-83%
Operating profit−$8.0M——
Net earnings−$7.7M——
Operating cash flow−$6.5M——

What changed

Revenue was $323K in Q3 2025, down 83% year over year and down 82% from the previous quarter.

Operating costs exceeded revenue by $8.0M, an operating margin of -2493.8%. Total costs grew 14% against a revenue fall of 83%. The fastest-growing cost line was Research & development (+18%). The quarter ended with a net loss of $7.7M, wider than the previous quarter's $6.3M loss.

Operating cash flow was −$6.5M. Non-cash charges added back $292K of share-based compensation. Working capital and other items added $1.0M.

Questions

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

CervoMed (CRVO) reported revenue of $323K for the third quarter 2025 (Q3 2025), -83% from a year earlier and -82% from the quarter before.

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Source: CervoMed 10-Q on SEC EDGAR.