EMA Orphan Drug Designation (ODD) builds on U.S. Food & Drug Administration (FDA) ODD and Fast Track Designation, underscoring the urgent need for new treatment optionsThe multiple regulatory designations were granted following strong positive results from a global randomized Phase 1b/2 study in first-line HCC demonstrating superior outcomes for amezalpat combination therapy across multiple study endpoints, including overall survival in both the entire population and key subpopulations, when compared to sta ...

Core Insights - The partnership between Susan G. Komen, Tokio Marine HCC (TMHCC), and Nelly Korda aims to raise awareness and funds for breast cancer research and support [1][5][6] Group 1: Partnership and Contributions - TMHCC will donate $5,000 for every birdie and $10,000 for every eagle scored by Nelly Korda during the tournament, with a guaranteed minimum donation of $50,000 [3] - Additional donations from TMHCC include $25,000 for a hole in one, $100,000 for a three-stroke win, $500,000 for a four-stroke win, and $1 million for a five or more stroke win [4] Group 2: Breast Cancer Statistics - An estimated 316,950 women in the U.S. will be diagnosed with invasive breast cancer for the first time in 2025, with 42,170 expected to succumb to the disease [2] Group 3: Organizational Background - TMHCC is part of the Tokio Marine Group, which has a market capitalization of $74 billion as of March 31, 2025, and holds strong financial ratings from S&P Global Ratings, AM Best, and Fitch Ratings [8] - Susan G. Komen is the leading nonprofit organization focused on breast cancer, providing comprehensive support and advocacy for patients while driving research for breakthroughs [10]

MORRISTOWN, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), a clinical stage biopharmaceutical company that had been developing a treatment for non-alcoholic steatohepatitis (“NASH”), hepatocellular carcinoma (“HCC”), and other chronic liver diseases, today announced that it has entered into a binding letter of intent (“LOI”) with New Day Diagnostics LLC to in-license diagnostic tests for celiac disease, respiratory multiplex (Covid/Influenza A/B and RSV), helicobacter pyl ...

Company Overview - Warrior Met Coal (NYSE: HCC) is a U.S. metallurgical coal mining company focused on the export market [1] - The company operates two mines and is developing the Blue Creek project, all located in Alabama [1] Management and Operations - The company is noted for its good management team and consistent operations [1] - Quality of operations is emphasized, indicating a strong operational foundation [1] Investment Strategy - The investment strategy focuses on turnarounds in natural resource industries with a typical holding period of 2-3 years [2] - Emphasis on value investing provides good downside protection while allowing for significant upside potential [2] - The portfolio has achieved a compounded annual growth rate of 26% over the last 6 years [2]

Warrior Met Coal (HCC) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $2.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -220%. A quarter ago, it was expected that this company would post earnings of $0.53 per share when it actually produced earnings of $0.15, delivering a surprise of -71.70%.Over the last four quarters, the company has ...

First Quarter 2025 Results April 30, 2025 Forward-looking Statements This presentation contains, and of Warrior Met Coal, Inc.'s (the "Company", "WMC" or "Warrior") officers and representatives may from time to time make, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this presentation that address activities, even ...

Financial Performance - Total revenues for Q1 2025 were $299,943, a decrease of 40.4% compared to $503,512 in Q1 2024[14] - Net loss for Q1 2025 was $8,168, compared to a net income of $136,989 in Q1 2024, representing a significant decline[14] - Basic and diluted net loss per share for Q1 2025 was $0.16, down from $2.63 in Q1 2024[14] - Segment profit for Q1 2025 was $49,198,000, down 76.8% from $212,411,000 in Q1 2024[76] - Segment Adjusted EBITDA for Q1 2025 was $49,198,000, a decline of 76.8% compared to $212,411,000 in Q1 2024[80] - Interest income for Q1 2025 was $3,186,000, a decrease of 54.7% from $7,033,000 in Q1 2024[80] Cash and Assets - Cash and cash equivalents at the end of Q1 2025 were $454,933, a decrease from $491,547 at the end of Q4 2024[17] - Total assets increased to $2,623,894 as of March 31, 2025, compared to $2,591,516 at the end of 2024[17] - The company's total inventories, net, decreased to $197.645 million as of March 31, 2025, from $207.590 million as of December 31, 2024[37] - Total assets increased to $2,623,894,000 in Q1 2025 from $2,478,591,000 in Q1 2024, reflecting a growth of 5.9%[76] Liabilities and Debt - Total liabilities rose to $547,128 as of March 31, 2025, compared to $500,699 at the end of 2024[17] - The company's total long-term debt as of March 31, 2025, was $153.767 million, slightly up from $153.612 million as of December 31, 2024[41] - The estimated fair value of the company's outstanding debt was approximately $159.8 million as of March 31, 2025[72] Expenses - Dividends paid in Q1 2025 were $5,184, down from $30,638 in Q1 2024[19] - The company reported a depreciation and depletion expense of $45,277 in Q1 2025, compared to $40,023 in Q1 2024[19] - Coal royalty expenses for the three months ended March 31, 2025, were $22.3 million, down from $42.9 million in the same period of 2024[57] - Cash cost of sales for mining in Q1 2025 was $244,028,000, a decrease of 14.1% from $284,172,000 in Q1 2024[76] - Capital expenditures for Q1 2025 were $68,510,000, down 31.3% from $99,703,000 in Q1 2024[76] Investments and Financial Position - As of March 31, 2025, short-term investments totaled $33.1 million, an increase from $14.6 million as of December 31, 2024[31] - The company had $113.5 million of availability under the ABL Facility as of March 31, 2025, with no loans outstanding[46] - The company had finance lease payments totaling $19.464 million, with a present value of lease liabilities amounting to $18.525 million as of March 31, 2025[50] - Finance lease right-of-use assets, net, were valued at $53.972 million as of March 31, 2025, down from $56.702 million as of December 31, 2024[48] Operational Focus and Risks - Warrior Met Coal is focused on mining non-thermal steelmaking coal, primarily for the global steel industry, with operations based in Alabama[23] - The company continues to face risks including substantial indebtedness, compliance with covenants, and geopolitical events impacting operations[11] - The company is exposed to commodity price risk due to fluctuations in market pricing for steelmaking coal[162] - The estimated allowance for credit losses was immaterial as of March 31, 2025, indicating a stable credit risk profile[166] Labor Relations - The company continues to engage in negotiations with the labor union to reach a new Collective Bargaining Agreement, which expired on April 1, 2021[25] Shareholder Actions - The company repurchased 500,000 shares under its stock repurchase program for approximately $10.6 million, leaving $59.4 million available for future repurchases as of March 31, 2025[61] Environmental Compliance - The company believes it is in compliance with environmental laws and has no accruals for environmental matters other than asset retirement obligations as of March 31, 2025[53] - The company has no recorded liabilities for minimum throughput requirements as of March 31, 2025[56]

Warrior Met Coal (HCC) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Brian Chopin - SVP, Chief Accounting Officer and ControllerWalter Scheller - CEODale Boyles - CFO Conference Call Participants Katja Jancic - AnalystNick Giles - Senior Research AnalystGeorge Eadie - Equity AnalystNathan Martin - Senior Research Analyst Operator Good afternoon. My name is Dovan, and I will be your conference operator today. At this time, I would like to welcome everyone to the Warrior First Quarter ...

Financial Data and Key Metrics Changes - For Q1 2025, the company recorded a net loss of $8 million or $0.16 per diluted share, compared to a net income of $137 million or $2.62 per diluted share in Q1 2024, primarily due to a 42% decrease in realized average net selling prices [25][27] - Adjusted EBITDA for Q1 2025 was $40 million, down from $200 million in the same quarter last year, with an adjusted EBITDA margin of 13% compared to 40% in Q1 2024 [25][26] - Total revenues decreased to $300 million in Q1 2025 from $504 million in Q1 2024, driven by lower average gross selling prices [27] Business Line Data and Key Metrics Changes - Sales volume increased by 2% to 2.2 million short tons in Q1 2025 from 2.1 million short tons in Q1 2024, with production volume rising by 10% to 2.3 million short tons [14][15] - The company achieved a gross price realization of 83% for Q1 2025, slightly below the targeted range of 85% to 90% [12][25] Market Data and Key Metrics Changes - Average premium low vol index prices dropped by 40% or $112 per short ton compared to Q1 2024, averaging $168 per short ton in Q1 2025 [7][12] - The primary index, the POV FOB Australia, ended Q1 2025 at $153 per short ton, down $25 from the end of Q4 2024 [12] - Global pig iron production decreased by 0.2% in Q1 2025 compared to the prior year, with iron production in China growing by 0.8% [13] Company Strategy and Development Direction - The company is focused on managing costs tightly and operating efficiently in response to weak market conditions, while making progress on the Blue Creek project, which is on budget and schedule [6][17] - The Blue Creek project is expected to produce incremental annualized production of at least 4.8 million short tons after startup, enhancing the company's cost curve positioning [22][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing challenges in the global steel market due to China's overcapacity and trade policy uncertainties, but expects demand from India to increase [34] - The company anticipates weak market conditions may persist, putting downward pressure on steelmaking coal prices, but remains optimistic about operational performance [32][34] Other Important Information - The company spent $79 million on CapEx and mine development in Q1 2025, with $69 million allocated to CapEx and $11 million to Blue Creek project development [16][20] - Total available liquidity at the end of Q1 2025 was $617 million, consisting of cash, investments, and available credit [31] Q&A Session Summary Question: Pricing assumptions for the current market environment - Management indicated that a price realization of 80% to 85% is reasonable given current market conditions [36] Question: Sustainability of cost levels in Q2 - Management confirmed that current cost levels are expected to be sustainable if prices remain stable [39] Question: Factors driving lower price realizations - Management explained that transportation differentials and market dynamics in Asia are significant factors affecting price realizations [45][46] Question: Production outlook and potential curtailments - Management noted that while there are rumors of production issues, it is difficult to estimate the overall impact on U.S. production [50] Question: Clarification on Blue Creek project CapEx - Management clarified that remaining CapEx will primarily be for final construction and labor, with a significant portion already accounted for [54][56] Question: Impact of shipping Blue Creek coal on costs - Management stated that while there may be some additional costs, they are focused on mitigating any significant impact [66][68]

Financial Performance - Warrior reported a net loss of $8.2 million, or $0.16 per diluted share, in Q1 2025, a significant decrease from a net income of $137.0 million, or $2.62 per diluted share, in Q1 2024[3]. - Adjusted EBITDA for Q1 2025 was $39.5 million, down from $200.2 million in Q1 2024, impacted by a 40% lower index price for premium low-vol steelmaking coal year-over-year[3]. - Total revenues for Q1 2025 were $299.9 million, a decline of 40.5% from $503.5 million in Q1 2024, with the average net selling price dropping by 41.9% to $135.79 per short ton[9]. - Free cash flow for Q1 2025 was negative $68.430 million, compared to positive $2.368 million in Q1 2024, indicating a significant cash outflow[41]. - The company reported a basic and diluted net loss per share of $0.16 for Q1 2025, compared to earnings of $2.63 per share in Q1 2024[32]. Production and Sales - Total production volumes increased by 10% to 2.3 million short tons in Q1 2025, with sales volumes rising by 2% to 2.2 million short tons[5][7]. - Tons sold in Q1 2025 increased to 2,172 thousand short tons, up from 2,129 thousand short tons in Q1 2024, reflecting a 2% increase[34]. - Average net selling price per ton decreased to $135.79 in Q1 2025, down 41.9% from $233.91 in Q1 2024[34]. Cost Management - Cash cost of sales per short ton decreased to $112.35 in Q1 2025 from $133.48 in Q1 2024, reflecting effective cost management[5][10]. - Cash cost of sales per short ton was $112.35 in Q1 2025, a reduction of 15.8% from $133.48 in Q1 2024[34]. - The cost of production percentage increased to 66% in Q1 2025, compared to 61% in Q1 2024, indicating rising production costs[34]. Cash Flow and Liquidity - The company generated positive cash flows from operations of $10.9 million in Q1 2025, compared to $104.1 million in Q1 2024[14]. - The company's total liquidity as of March 31, 2025, was $616.6 million, consisting of cash and cash equivalents of $454.9 million[17]. - Cash, cash equivalents, and restricted cash at the end of Q1 2025 were $462.593 million, down from $693.858 million at the end of Q1 2024[40]. Capital Expenditures and Guidance - Capital expenditures for Q1 2025 were $79.3 million, including $55.3 million for the Blue Creek project, bringing total project expenditures to $771.8 million[14]. - The 2025 guidance remains unchanged, with coal sales expected between 8.2 and 9.0 million short tons and production between 7.8 and 8.6 million short tons[20]. - The company plans to distribute a quarterly cash dividend of $0.08 per share on May 12, 2025[18]. Balance Sheet Highlights - Total assets increased to $2,623,894,000 as of March 31, 2025, up from $2,591,516,000 on December 31, 2024, representing a growth of approximately 1.25%[43]. - Current assets rose to $895,543,000, compared to $887,062,000 at the end of 2024, reflecting an increase of about 0.54%[43]. - Trade accounts receivable increased by 21.7% to $171,460,000 from $140,867,000[43]. - Total liabilities increased to $547,128,000, up from $500,699,000, marking a rise of approximately 9.2%[43]. - Stockholders' equity decreased to $2,076,766,000 from $2,090,817,000, a decline of about 0.67%[43]. - Retained earnings decreased to $1,838,254,000 from $1,851,040,000, a reduction of approximately 0.69%[43]. - Current liabilities increased to $174,352,000 from $170,430,000, an increase of about 2.1%[43]. - Long-term debt remained relatively stable at $153,767,000 compared to $153,612,000[43]. - Inventories decreased slightly to $197,645,000 from $207,590,000, a decline of about 4.3%[43]. - Short-term investments increased significantly to $33,105,000 from $14,622,000, representing a growth of approximately 126.5%[43].