Q2 FY2026 EarningsQ2 FY2026 results missed consensus estimates on profitability, with a GAAP EPS of -$0.48 vs. the -$0.375 expected and a net loss of $45.6M vs. the $34.1M consensus. The variance was primarily driven by a surge in G&A expenses to $17.3M, including $10.3M in stock-based compensation related to leadership transitions. Despite the financial miss, the company completed Phase 3 CoMpass trial enrollment and implemented a strategic pivot to ocular oncology, extending its cash runway into 1H 2029.