eXoZymes Provides First Quarter 2025 and NCTx Subsidiary Update at 5PM EST Today
eXoZymes (NASDAQ:EXOZ), a company developing AI-engineered enzymes for sustainable feedstock transformation, announced its Q1 2025 financial results and operational updates. The company reached a significant milestone with the launch of its subsidiary NCTx, focused on commercializing the eXoZymes platform with N-trans-caffeoyltyramine (NCT).
Financial highlights include operating expenses of $1.95 million, primarily attributed to expanded R&D and leadership hiring. The company maintains $8.51 million in cash and cash equivalents, sufficient to fund operations into 2026. As a pre-revenue company, eXoZymes continues to focus on efficient execution and capital allocation while progressing toward value inflection points.
eXoZymes (NASDAQ:EXOZ), azienda che sviluppa enzimi ingegnerizzati con intelligenza artificiale per la trasformazione sostenibile delle materie prime, ha annunciato i risultati finanziari e gli aggiornamenti operativi del primo trimestre 2025. La società ha raggiunto un importante traguardo con il lancio della sua controllata NCTx, dedicata alla commercializzazione della piattaforma eXoZymes con N-trans-caffeoiltiamina (NCT).
Tra i dati finanziari principali si evidenziano spese operative di 1,95 milioni di dollari, principalmente dovute all'espansione della ricerca e sviluppo e all'assunzione di figure dirigenziali. L'azienda dispone di 8,51 milioni di dollari in liquidità e equivalenti, sufficienti a finanziare le operazioni fino al 2026. In quanto società pre-reddito, eXoZymes continua a concentrarsi su un'esecuzione efficiente e una corretta allocazione del capitale, progredendo verso punti di svolta di valore.
eXoZymes (NASDAQ:EXOZ), una empresa que desarrolla enzimas diseñadas con inteligencia artificial para la transformación sostenible de materias primas, anunció sus resultados financieros y actualizaciones operativas del primer trimestre de 2025. La compañía alcanzó un hito significativo con el lanzamiento de su subsidiaria NCTx, enfocada en comercializar la plataforma eXoZymes con N-trans-cafeoiltiamina (NCT).
Los aspectos financieros destacados incluyen gastos operativos de 1,95 millones de dólares, atribuidos principalmente a la expansión en I+D y la contratación de liderazgo. La empresa mantiene 8,51 millones de dólares en efectivo y equivalentes, suficientes para financiar las operaciones hasta 2026. Como compañía pre-ingresos, eXoZymes continúa enfocándose en la ejecución eficiente y la asignación de capital mientras avanza hacia puntos de inflexión de valor.
eXoZymes (NASDAQ:EXOZ)는 지속 가능한 원료 변환을 위한 AI 기반 효소를 개발하는 회사로, 2025년 1분기 재무 실적 및 운영 업데이트를 발표했습니다. 회사는 자회사 NCTx를 출범하는 중요한 이정표를 달성했으며, 이는 N-트랜스-카페오일티라민(NCT)을 활용한 eXoZymes 플랫폼의 상업화에 주력하고 있습니다.
재무 하이라이트로는 주로 연구개발 확대와 리더십 채용에 따른 195만 달러의 운영비용이 포함되어 있습니다. 회사는 851만 달러의 현금 및 현금성 자산을 보유하고 있어 2026년까지 운영 자금을 충분히 확보하고 있습니다. 매출 이전 단계의 기업으로서 eXoZymes는 효율적인 실행과 자본 배분에 집중하며 가치 전환점에 도달하기 위해 노력하고 있습니다.
eXoZymes (NASDAQ:EXOZ), une entreprise développant des enzymes conçues par intelligence artificielle pour la transformation durable des matières premières, a annoncé ses résultats financiers et mises à jour opérationnelles du premier trimestre 2025. La société a atteint une étape importante avec le lancement de sa filiale NCTx, dédiée à la commercialisation de la plateforme eXoZymes avec la N-trans-caféoyltyramine (NCT).
Les points financiers clés incluent des dépenses d'exploitation de 1,95 million de dollars, principalement dues à l'expansion de la R&D et au recrutement de cadres dirigeants. La société dispose de 8,51 millions de dollars en liquidités et équivalents, suffisants pour financer ses opérations jusqu'en 2026. En tant qu'entreprise pré-revenus, eXoZymes continue de se concentrer sur une exécution efficace et une allocation judicieuse des capitaux tout en progressant vers des points d'inflexion de valeur.
eXoZymes (NASDAQ:EXOZ), ein Unternehmen, das KI-entwickelte Enzyme für die nachhaltige Umwandlung von Rohstoffen entwickelt, gab seine Finanzergebnisse und betrieblichen Updates für das erste Quartal 2025 bekannt. Das Unternehmen erreichte einen wichtigen Meilenstein mit der Gründung seiner Tochtergesellschaft NCTx, die sich auf die Kommerzialisierung der eXoZymes-Plattform mit N-trans-Caffeoyltyramin (NCT) konzentriert.
Zu den finanziellen Highlights gehören Betriebsausgaben von 1,95 Millionen US-Dollar, die hauptsächlich auf erweiterte F&E und die Einstellung von Führungskräften zurückzuführen sind. Das Unternehmen verfügt über 8,51 Millionen US-Dollar an liquiden Mitteln, was ausreicht, um den Betrieb bis 2026 zu finanzieren. Als noch umsatzloses Unternehmen konzentriert sich eXoZymes weiterhin auf eine effiziente Umsetzung und Kapitalallokation, während es auf wertsteigernde Wendepunkte zusteuert.
- Launch of NCTx subsidiary marks first commercial milestone
- Strong cash position of $8.51 million supporting operations into 2026
- Strategic expansion in R&D and leadership team for long-term growth
- Pre-revenue status with no immediate income generation
- Increased operating expenses to $1.95 million
- Cash runway limited to 2026
Insights
eXoZymes reaches first commercial milestone with NCTx subsidiary launch while managing pre-revenue finances through 2026.
eXoZymes has reached a significant commercial milestone with the launch of its NCTx subsidiary, which represents the company's first concrete step toward monetizing its AI-engineered enzyme platform. This subsidiary will specifically focus on developing N-trans-caffeoyltyramine (NCT), potentially creating a focused pathway to market.
The company's financial position shows careful cash management with
As a pre-revenue biotech company, eXoZymes is following a typical development pattern: establishing proof-of-concept technology, creating purpose-built commercial vehicles (NCTx), and managing cash burn while progressing toward value inflection points. The subsidiary structure suggests a strategic approach that could enable targeted partnerships or investment in specific applications while preserving the broader platform technology.
The company's focus on converting sustainable feedstock into high-value products (nutraceuticals, medicines, biofuels) positions it at the intersection of several growing markets. However, investors should note that while the NCTx launch represents progress, the timeline to meaningful revenue remains undefined, and the company will likely require additional capital before reaching profitability.
Management to host earnings call at 5:00PM Eastern Time, today.
MONROVIA, CA / ACCESS Newswire / May 12, 2025 / Today, eXoZymes Inc. (NASDAQ:EXOZ) ("eXoZymes") - a pioneer of AI-engineered enzymes that can transform sustainable feedstock into essential nutraceuticals, medicines, biofuels, and other valuable chemicals - provides an update on operations through the fiscal quarter that ended March 31, 2025, as well as the launch of the purpose-built subsidiary, NCTx.
Michael Heltzen, CEO of eXoZymes, states, "We have reached our first commercial milestone by launching the NCTx spin-out last week, which we also will cover on today's earnings call. As a pre-revenue company, we remain focused on efficient execution and capital allocation while we make progress towards our value inflection points."
First quarter 2025, NCTx launch, and subsequent operational highlights:
Commercialization: Launching purpose-built subsidiary, NCTx, to develop and commercialize the eXoZymes platform with the small molecule compound, N-trans-caffeoyltyramine (NCT), marks the first commercial milestone.
Strategic Investment: Operating expenses rose to
$1.95 million , primarily due to expanded R&D and leadership hires to drive long-term growth.Ended Q1 2025 with$8.51 million in cash and cash equivalents, supporting operations into 2026.Extraordinary effort: The eXoZymes team continues to perform at a high level, enabling the company to accomplish important milestones.
Investors and interested parties can access the live webinar, at the time of the event through eXoZymes' investor relations website. A recording of the conference call will also be made publicly available soon after the live call.
Michael Heltzen, CEO of eXoZymes, will lead the call and will be joined by select members of the management team to review recent developments, ongoing initiatives, anticipated milestones, as well as host a question-and-answer period.
About eXoZymes
Founded in 2019, the company has developed a biomanufacturing platform that - as a historic first - offers the tools and insights to design, engineer, control and optimize nature's own natural processes to produce chemical compounds, enabling the company's partners to replace traditional petro-chemical production methods with a new commercially scalable, sustainable, and eco-friendly alternative: exozymes.
Exozymes are advanced enzymes enhanced through AI and bioengineering to thrive in a bioreactor outside of living cells. Exozymes can replace toxic petrochemical processes and inefficient biochemical extraction with sustainable and scalable biosolutions that transform biomass into essential chemicals, medicines, and biofuels.
By freeing enzyme-driven chemical reactions from the limitations imposed by cells, exozyme biosolutions eliminate the scaling bottleneck that has hampered commercial success in the synthetic biology (SynBio) space, making exozymes the next generation of biomanufacturing.
While the company, eXoZymes Inc., has introduced "exozymes" as a scientific concept, they are not trademarking the concept, as they view it as a new nomenclature for wide adoption for this next generation of biomanufacturing that eXoZymes aims to pioneer and be the market leader of.
Learn more on exozymes.com
eXoZymes Safe Harbor
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe the company's future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "would," "could," "seek," "intend," "plan," "goal," "project," "estimate," "anticipate," "strategy," "future," "likely," "potential," or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release regarding the company's strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Actual results could differ materially for a variety of reasons. You should carefully consider the risks and uncertainties described in the "Risk Factors" section of eXoZymes' quarterly reports on Form 10-Q, annual reports on Form 10-K, and other documents filed by eXoZymes from time to time by the company with the Securities and Exchange Commission. These filings identify and address important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and eXoZymes assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. eXoZymes does not give any assurance that it will achieve its expectations.
Investor relations contact
Email: ir@exozymes.com
eXoZymes media contact
Lasse Görlitz, VP of Communications
(858) 319-7135
press@exozymes.com
SOURCE: eXoZymes
View the original press release on ACCESS Newswire
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