10-Q quarterly report · filed Nov 12, 2025

DiaMedica Therapeutics Inc. (DMAC) Q3 2025 10-Q Quarterly Report

Short answer

DiaMedica Therapeutics Inc. (DMAC) filed its Q3 2025 10-Q quarterly report on Nov 12, 2025 for the quarter ended Sep 30, 2025.

Q3 2025 key financials · XBRL

Net income
−$9M
−37.4% YoY · −12.0% QoQ
EPS (diluted)
−$0.17
−13.3% YoY · +5.6% QoQ

Source: XBRL data from the DiaMedica Therapeutics Inc. (DMAC) Q3 2025 10-Q on SEC EDGAR. USD.

DiaMedica Therapeutics Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Product revenue $0 for the quarter and prior-year quarter
  • Net loss $24.0M for nine months vs $16.5M YoY
  • R&D expenses $6.4M vs $5.0M YoY
  • Cash, equivalents and securities $55.3M vs $44.1M at December 31, 2024
  • Operating cash use $21.3M vs $15.6M YoY; July financing net proceeds $30.0M; ReMEDy2 interim analysis targeted second half 2026

Risk Factors

  • New trial-replication risk triggered by promising interim Part 1a preeclampsia data for investigator-sponsored Phase 2 DM199 study
  • Most material update: interim DM199 results may differ from final analysis or fail replication in ongoing and future trials
  • FDA review risk from administration policies involving workforce downsizing, communication limits, and potential user-fee reauthorization impacts
  • Regulatory approval risk if later DM199 trials miss endpoints or produce a restricted product label
  • Government-agency funding and staffing reductions potentially delaying regulatory submissions and commercialization

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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