Financial Data and Key Metrics Changes - Total operating expenses increased to $5.5 million in Q2 2025 from $4 million in Q2 2024 [24] - R&D costs decreased to $1 million in Q2 2025 from $2.1 million in Q2 2024, primarily due to reduced costs associated with the ReAssure trial [24] - G&A costs rose to $4.2 million in Q2 2025 from $1.9 million in Q2 2024, driven by pre-commercialization activities [24] - Net loss on a GAAP basis was $6.5 million in Q2 2025 compared to a net loss of $5 million in Q2 2024 [25] - Non-GAAP net loss was $5.1 million in Q2 2025 compared to $3.8 million in Q2 2024, with the increase attributed to higher G&A expenses [25] - Cash and cash equivalents stood at $13 million as of June 2025, expected to fund operations into 2026 [26] Business Line Data and Key Metrics Changes - The company is preparing to launch Orlynda, targeting the uncomplicated urinary tract infection market in the U.S. [6][8] - The market generates approximately 40 million prescriptions annually, with about 26 million for at-risk patients [9] - The initial launch phase will focus on 20 targeted geographic territories, covering around 2,300 high-value physician targets [10][11] Market Data and Key Metrics Changes - The uncomplicated urinary tract infection market in the U.S. has not seen a new branded oral treatment in over 25 years, indicating a significant opportunity for Orlynda [9] - Rising rates of antimicrobial resistance are eroding the efficacy of existing treatments, highlighting the need for new therapies [10] Company Strategy and Development Direction - The company aims to successfully launch Orlynda to address unmet needs in the uncomplicated urinary tract infection market [7] - A commercial supply agreement has been executed with ACS Dabfahr for the production of Orlynda, ensuring a reliable supply chain [15][16] - The company plans to optimize physician targeting and resource allocation based on market dynamics and prescription patterns [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the upcoming launch of Orlynda, emphasizing the significant need for new treatment options in the U.S. market [31] - The company is focused on building a strong commercial presence and ensuring access to Orlynda for patients [12][21] Other Important Information - The FDA has granted Orlynda ten years of market exclusivity, expiring in October 2034 [19] - The company has requested authorization for an additional 80 million shares to ensure financial flexibility for strategic objectives [27][28] Q&A Session Summary - No questions were registered during the Q&A session, indicating a lack of immediate inquiries from investors [30]