Praxis Reports Q3 2026 Net Loss of $94.2 Million, Cash of $1.3 Billion
Praxis reported a third-quarter net loss of $94.2 million, versus $73.9 million a year earlier, as general and administrative expenses increased. It ended September with $1.3 billion in cash, cash equivalents and marketable securities.
Praxis reported a third-quarter 2026 net loss of $94.2 million, compared with $73.9 million in the prior-year quarter, as general and administrative expenses increased. The company ended September with $1.3 billion in cash, cash equivalents and marketable securities, which it expects to fund operat…