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SCYNEXIS (SCYX) investor relations material
SCYNEXIS Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Acquired SCY-770, a novel AMPK activator for ADPKD, with Orphan Drug Designation; Phase 1 initiated with topline data expected Q3 2026 and Phase 2 planned for Q4 2026–2027.
Proprietary antifungal platform includes SCY-247 (Phase 1 completed, topline data Q3 2026) and BREXAFEMME, licensed to GSK, with milestone and royalty potential.
Completed a $40M private placement in March 2026, strengthening liquidity and supporting pipeline advancement.
Ended Q2 2026 with $71.1M in cash, cash equivalents, and investments, supporting operations into 2029.
Financial highlights
License agreement revenue was $0.2M for Q2 2026, down from $1.4M in Q2 2025.
Net income for Q2 2026 was $7.4M, compared to a net loss of $6.9M in Q2 2025, driven by a $14.2M gain from warrant liability fair value adjustment.
R&D expenses for Q2 2026 were $3.9M, down 46% from $7.1M in Q2 2025; SG&A expenses increased 9% to $4.1M.
Cash, cash equivalents, and investments totaled $71.1M as of June 30, 2026, up from $56.3M at year-end 2025.
Outlook and guidance
Topline data from Phase 1 SCY-770 and SCY-247 studies expected in Q3 2026; Phase 2 SCY-770 to begin Q4 2026, with early efficacy data in H2 2027.
Cash runway projected to last into 2029.
Potential to receive up to $146M in milestones and royalties from BREXAFEMME relaunch by GSK.
Additional capital may be needed for future operations, potentially through equity, debt, or partnerships.
- All six proxy proposals were approved with no shareholder questions submitted.SCYX
AGM 2026 - Shareholders approved a reverse stock split and reduction of authorized shares.SCYX
EGM 2026 - Q1 2026 featured a major acquisition, $21.3M net loss, and cash runway extended to mid-2029.SCYX
Q1 2026 - Resale registration for 87M shares from a private placement; proceeds only from warrant exercises.SCYX
Registration filing - Key votes include board elections, auditor ratification, and major share authorization changes.SCYX
Proxy filing - Annual meeting seeks approval for director elections, equity plan expansion, and capital increase.SCYX
Proxy filing - Shareholders will vote on a reverse stock split to help maintain Nasdaq listing compliance.SCYX
Proxy filing - Shareholders will vote on director elections, compensation, equity plan, and capital structure changes.SCYX
Proxy filing - Shareholders will vote on a reverse stock split to help maintain Nasdaq listing compliance.SCYX
Proxy filing
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