How did Silence Therapeutics' revenue and expenses shift in Q4 2024?

Silence Therapeutics experienced a significant shift in its revenue and expenses in Q4 2024, primarily driven by changes in its business segments and operating expenses.

1. **Revenue Shift**:
- The company's total revenue for Q4 2024 was $53.98 million, with separate segments reporting revenues of $36.45 million for research collaboration, $18.8 million for royalties, and $180302.4 for another business segment, all under the same stock code SLN.
- The revenue from research collaboration and royalties segments contributed significantly to the total revenue, indicating active business operations in these areas.
2. **Expense Shift**:
- The net income for Q4 2024 was -$1.08 million, which suggests that the company operated at a loss during the period.
- Operating expenses were not provided separately, but the negative net income indicates that the expenses exceeded the revenue for the quarter.
3. **Gross Margin**:
- The gross margin for Silence Therapeutics in Q4 2024 was 72.7%, which represents a 17.35% increase from the previous period.
- This increase in gross margin could be indicative of improved operational efficiency or cost management strategies, despite the negative net income.

In conclusion, Silence Therapeutics saw a notable rise in gross margin to 72.7% in Q4 2024, reflecting enhanced operational efficiency. However, the company faced a significant challenge as it posted a negative net income of -$1.08 million for the quarter, suggesting that expenses were higher than revenue. The detailed breakdown of operating expenses was not provided, but it is clear that the company needs to address its cost management and revenue generation to improve overall financial health.