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Korsana Biosciences (KRSA) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 6, 2025

Korsana Biosciences (KRSA) reported revenue of $81K for the first quarter 2025 (Q1 2025) and -96% from the quarter before.

Revenue$81K
Year over year—
Quarter over quarter-96%
Operating margin—
Net earnings−$1.4M

Korsana Biosciences, Q1 2025: revenue $81K, net loss $1.4M, operating cash flow −$968K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$81K-96%—
Operating profit−$1.5M-390%—
Net earnings−$1.4M-370%—
Operating cash flow−$968K-369%—

What changed

Revenue was $81K in Q1 2025, down 96% from the previous quarter.

Operating costs exceeded revenue by $1.5M, an operating margin of -1798.8%. The quarter ended with a net loss of $1.4M, after a profit of $530K the previous quarter.

Operating cash flow was −$1.0M. Non-cash charges added back $114K of share-based compensation. Working capital and other items added $347K.

Questions

What was Korsana Biosciences' revenue in the first quarter 2025?

Korsana Biosciences (KRSA) reported revenue of $81K for the first quarter 2025 (Q1 2025) and -96% from the quarter before.

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Source: Korsana Biosciences 10-Q on SEC EDGAR.