Q2 FY2026 EarningsQ2 FY2026 missed consensus on GAAP EPS, reporting -$2.80 vs. -$1.92 expected, primarily due to a $5.1M non-cash asset impairment charge. Revenue was in-line at $0, consistent with its clinical-stage status. The company announced a transformative merger with Avere Therapeutics and a substantial workforce reduction, shifting focus away from legacy oncology assets SIM0505 and LNCB74.