Q1 FY2026 EarningsQ2 FY26 results significantly missed consensus on profitability due to massive one-time IPO-related stock-based compensation. GAAP net loss of $62.6M was over 100% wider than the $28.6M expected, while Diluted EPS of -$1.78 missed the -$0.62 mean estimate. The company maintains a strong liquidity position with $427.3M in cash following a successful upsized IPO, providing a runway into 2029 for lead candidates GlyphAllo and GlyphAgo.