Q2 FY2026 EarningsQ2 FY2026 results beat consensus on earnings but missed on cash burn: GAAP EPS was -$0.95 vs. -$1.02 expected, primarily driven by lower-than-anticipated R&D spending. While revenue remains at $0 as expected for this clinical-stage biopharmaceutical company, net loss of $8.5M was narrower than the $8.8M consensus. However, operating cash flow for the first half was a significant miss at -$19.2M vs. -$9.0M expected, and management issued a 'going concern' warning as existing resources are insufficient to fund the next 12 months.