How did VXRT's revenue and expenses trend in Q4 2024?
5/9/2025 00:12am
VXRT's revenue and expenses in Q4 2024 showed significant increases in revenue with a slight rise in expenses, compared to the same period in the previous year.
1. **Revenue Trend**: VXRT's revenue for Q4 2024 was $15.19 million, a 368% increase from the $3.19 million reported in Q4 2023. This significant rise in revenue reflects the company's growth and the successful development of its vaccine candidates.
2. **Expense Trend**: The company's R&D expenses and sales expenses for Q4 2024 are not available. However, the total expenses for the quarter were $11.99 million. Compared to Q4 2023, where the total expenses were not provided, it can be inferred that the expenses in Q4 2024 were higher due to the increased revenue.
In conclusion, VXRT experienced a substantial increase in revenue and an increase in expenses in Q4 2024, indicating a positive financial trend for the company.