Q2 FY2026 EarningsQ2 FY2026 delivered a significant beat against consensus estimates, primarily driven by $21.0M in collaboration revenue from an asset purchase agreement with Jazz Pharmaceuticals, against a $0 consensus. The company achieved a GAAP net income of $3.7M (EPS $0.08) compared to the expected net loss of -$16.7M (EPS -$0.32). While the cash position decreased to $22.0M following the full repayment of K2 HealthVentures debt, Werewolf extended its runway into Q2 2027 and is actively exploring strategic alternatives with Piper Sandler.