Anebulo Pharmaceuticals
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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.
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Q2 2026 earnings summary12 Feb, 2026

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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Q3 202612 May, 2026
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Frequently asked questions

Anebulo Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on developing treatments for acute cannabinoid intoxication (ACI) and substance abuse. Its primary product candidate, ANEB-001, is a cannabinoid receptor antagonist aimed at rapidly reversing the effects of cannabinoid overdose. The company is headquartered in Lakeway, Texas, and its shares are listed on the Nasdaq.

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