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Cel-Sci reports FY results | Seeking Alpha

  • Cel-Sci press release (CVM): FY research and development expenses were $15.9 million, which decreased by approximately $2.3 million, or 13%, compared to the year ended September 30, 2024.
  • Net loss available to common shareholders decreased by $2.2 million to approximately $25.4 million for the twelve months ended September 30, 2025 from $27.6 million in fiscal 2024.
  • The operating cash expenditures for the year were approximately $17.1 million. 

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