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Anebulo Pharmaceuticals (ANEB) investor relations material
Anebulo Pharmaceuticals Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on developing selonabant, a cannabinoid receptor antagonist, for cannabis-induced toxicity, prioritizing pediatric IV formulation over adult oral product due to unmet medical need and regulatory feedback.
Announced and completed a tender offer to repurchase shares as part of a plan to go private, with subsequent delisting and deregistration from Nasdaq and SEC reporting, effective February 27, 2026, to reduce costs and reporting burdens.
No revenue generated to date; operations funded by equity raises, grants, and a loan facility.
Financial highlights
Net loss for the quarter ended December 31, 2025: $2.0 million ($0.05 per share), improved from $2.5 million ($0.09 per share) in the prior year quarter.
Net loss for the six months ended December 31, 2025: $4.2 million, improved from $4.7 million year-over-year.
Cash and cash equivalents as of December 31, 2025: $9.0 million, with access to an additional $3.0 million via a loan agreement.
Operating expenses for the quarter: $2.6 million, flat year-over-year.
Grant income for the quarter: $0.6 million, up from $0.2 million in the prior year.
Outlook and guidance
Cash and loan facility expected to fund operations for at least 12 months from the filing date.
Research and development expenses expected to increase as clinical studies progress; general and administrative expenses expected to decrease after going private.
Prioritizing development of selonabant IV for pediatric cannabis toxicity, aiming for a faster approval timeline than the adult oral product.
Additional funding will be required to reach commercialization; options include equity, debt, or partnerships.
Ongoing observational study in emergency departments is being amended to focus on pediatric patients.
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