--- title: "Allakos | 10-Q: FY2025 Q1 EPS Meets Estimate at USD -0.29" type: "News" locale: "en" url: "https://longbridge.com/en/news/239191291.md" datetime: "2025-05-07T20:04:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/239191291.md) - [en](https://longbridge.com/en/news/239191291.md) - [zh-HK](https://longbridge.com/zh-HK/news/239191291.md) --- # Allakos | 10-Q: FY2025 Q1 EPS Meets Estimate at USD -0.29 EPS: As of FY2025 Q1, the actual value is USD -0.29, meeting the estimate of USD -0.29. ### Segment Revenue - Allakos Inc. did not generate any revenue during the three months ended March 31, 2025, as the company is a clinical stage biotechnology firm focused on research and development. ### Operational Metrics - **Net Loss**: The company reported a net loss of $26.2 million for the three months ended March 31, 2025, compared to a net loss of $71.1 million for the same period in 2024. - **Total Operating Expenses**: Operating expenses decreased to $26.7 million for the three months ended March 31, 2025, from $73.1 million for the same period in 2024, primarily due to reduced research and development expenses and the absence of impairment charges in 2025. - **Research and Development Expenses**: These expenses were $13.5 million for the three months ended March 31, 2025, a decrease from $34.8 million in the same period in 2024, due to lower manufacturing and clinical spending. - **General and Administrative Expenses**: These expenses increased to $13.2 million for the three months ended March 31, 2025, from $10.9 million in the same period in 2024, primarily due to costs associated with exiting the San Carlos facility. ### Cash Flow - **Net Cash Used in Operating Activities**: The company used $28.4 million in net cash for operating activities during the three months ended March 31, 2025, compared to $32.5 million in the same period in 2024. - **Net Cash Provided by Investing Activities**: The company generated $33.4 million from investing activities during the three months ended March 31, 2025, primarily from the sale and maturities of investments. ### Unique Metrics - **Impairment of Long-Lived Assets**: No impairment charges were recognized during the three months ended March 31, 2025, compared to $27.3 million in charges during the same period in 2024. ### Future Outlook and Strategy - **Core Business Focus**: Allakos Inc. is exploring strategic alternatives to maximize stockholder value, including a merger, sale, or other strategic transaction, following the discontinuation of its AK006 product candidate. - **Non-Core Business**: The company has entered into a Merger Agreement with Concentra Biosciences, LLC, which includes a cash tender offer for all outstanding shares of Allakos Inc. common stock at $0.33 per share. The merger is expected to close in May 2025, subject to various conditions. ### Related Stocks - [ALLK.US](https://longbridge.com/en/quote/ALLK.US.md)