PROKIDNEY CORP. (PROK) Form 8-K — May 15, 2026
ProKidney Corp. reported Q1 2026 financial results, ending the quarter with $224.9 million in cash and marketable securities, sufficient to fund operations into mid-2027. The company recorded a net loss of $42.6 million before noncontrolling interest, driven by increased R&D spending of $33.8 million as it scales its pivotal Phase 3 PROACT 1 trial. The filing highlights significant clinical progress, noting that enrollment for the accelerated approval analysis of rilparencel is on track to complete in mid-2026.
Key figures
- Revenue
- 226000
- Cash Position
- 224900000
- Shares Outstanding
- 301953977
- Ga expenses q1 2025
- 14400000
- Ga expenses q1 2026
- 11300000
- Rd expenses q1 2025
- 27300000
- Rd expenses q1 2026
- 33800000
- Cash position dec 2025
- 270000000
- Weighted avg shares class a
- 141925099
Price after filing
Close on the filing date to close N calendar days later (from $1.71). Historical, not a forecast.
AI analysis
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