Aquestive Therapeutics Reports First Quarter 2024 Financial Results and Provides Business Update
“We continue to successfully execute on our growth strategy as demonstrated by our first quarter results,” said Daniel Barber, Chief Executive Officer of Aquestive.
- “We continue to successfully execute on our growth strategy as demonstrated by our first quarter results,” said Daniel Barber, Chief Executive Officer of Aquestive.
- Total revenues increased to $12.1 million in the first quarter 2024 from $11.1 million in the first quarter 2023.
- Research and development expenses increased to $5.9 million in the first quarter 2024 from $3.5 million in the first quarter 2023.
- Non-GAAP adjusted EBITDA loss was $7.2 million in the first quarter 2024, compared to non-GAAP adjusted EBITDA loss of $3.9 million in the first quarter 2023.