Q2 FY2026 EarningsQ2 FY26 results beat consensus expectations on the bottom line, with a GAAP EPS of -$0.80 compared to the -$1.36 mean estimate. Net loss of $19.0M was narrower than the $19.9M consensus despite a significant YoY increase in R&D spending to $12.7M. The company remains on track to complete enrollment for the Phase 3 ELAINE-3 trial in 4Q 2026, with topline data expected in 2H 2027.