Sep. 12 at 11:12 AM
$GUTS Fractyl Health, Inc. (NASDAQ: GUTS) reported
$22.3 million in cash as of June 30, 2025, down from
$67.5 million at year-end 2024, driven by R&D and clinical costs. Q2 2025 cash burn dropped to
$19.8 million from
$25.4 million in Q1. An August 2025 public offering raised ~
$20.7 million net proceeds. With ~
$27 million in cash and a ~
$6.6 million monthly burn rate, the runway extends about four months from September 12, 2025, to mid-January 2026, covering REMAIN-1 study readouts. Positive September 2025 data could prompt a follow-on offering to extend the runway further. Additional financing may still be needed.