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Alumis Completes Enrollment of Pivotal Phase 3 ONWARD Clinical Program of Lead Candidate ESK-001, a Highly Selective, Next-Generation Oral TYK2 Inhibitor for the Treatment of Moderate-to-Severe Plaque Psoriasis

Alumis Completes Enrollment of Pivotal Phase 3 ONWARD Clinical Program of Lead Candidate ESK-001, a Highly Selective, Next-Generation Oral TYK2 Inhibitor for the Treatment of Moderate-to-Severe Plaque Psoriasis

SOUTH SAN FRANCISCO, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- Alumis Inc. (Nasdaq: ALMS), a late-stage biopharma company developing next-generation targeted therapies for patients with immune-mediated diseases, today announced the completion of patient enrollment in its pivotal Phase 3 ONWARD clinical program of ESK-001 for the treatment of moderate-to-severe plaque psoriasis.
'We are excited to announce the completion of patient enrollment in our pivotal Phase 3 ONWARD clinical program evaluating ESK-001 for moderate-to-severe plaque psoriasis,' said Martin Babler, President and Chief Executive Officer of Alumis. 'With over 1,700 patients enrolled across the two trials, this milestone reflects the dedication of our patients, investigators, and the Alumis team, whose efforts have made it possible. We remain on track to report topline results in early Q1 2026, bringing us closer to delivering transformative treatment solutions for patients in need.'
'As we advance the development of ESK-001, we recognize the ongoing challenges patients with plaque psoriasis face in finding effective and convenient treatment options,' said Dr. Jörn Drappa, Alumis' Chief Medical Officer. 'Many patients cycle through therapies due to the inconvenience of injectable biologics and the diminishing effectiveness of oral treatments. With its differentiated profile, ESK-001 has the potential to provide a well-tolerated oral TYK2 inhibitor that delivers durable, biologic-like clinical responses, bridging a critical gap in treatment.'
The Phase 3 ONWARD clinical program consists of two parallel global Phase 3, multi-center, randomized, double-blind placebo-controlled 24-week clinical trials, ONWARD1 and ONWARD2, designed to evaluate the efficacy and safety of ESK-001 in adult patients with moderate-to-severe plaque psoriasis. ONWARD 3, an optional long-term extension trial for patients who have completed Week 24, is currently ongoing to assess the durability, maintenance of response, and long-term safety of ESK-001.
About ESK-001
Alumis' lead clinical candidate, ESK-001, is a highly selective, next-generation oral TYK2 inhibitor that is designed to correct immune dysregulation across a spectrum of diseases driven by proinflammatory mediators, including IL-23, IL-17, and type 1 interferon (IFN). ESK-001's selective targeting is designed to deliver maximal inhibition while minimizing off-target binding and effects.
The efficacy and safety of ESK-001 in adult patients with moderate-to-severe plaque psoriasis are currently being evaluated in the Phase 3 ONWARD clinical program, which consists of two parallel global Phase 3, multi-center, randomized, double-blind placebo-controlled 24-week clinical trials, ONWARD1 ( NCT06586112 ) and ONWARD2 ( NCT06588738 ). Over 1,700 patients were enrolled across the two trials and randomized 2:1:1 to receive ESK-001 40 mg twice-daily, placebo or apremilast. The co-primary efficacy endpoints will be the proportion of patients with moderate-to-severe plaque psoriasis achieving a 75% improvement in the Psoriasis Area and Severity Index (PASI 75) and sPGA score 0/1 of ESK-001 compared to placebo at Week 16.
Patients completing Week 24 will have the opportunity to participate in a long-term extension trial, ONWARD3, that will evaluate durability and maintenance of response and long-term safety. The Phase 3 clinical program is supported by positive data from the Phase 2 STRIDE clinical trial (NCT05600036), and by the long-term open-label extension (CT05739435) which is currently ongoing. In parallel with the Phase 3 clinical program, Alumis is developing a once-daily modified-release oral formulation of ESK-001 designed to replace the current immediate-release oral formulation that is dosed twice daily.
ESK-001 is also being evaluated in LUMUS, a Phase 2b clinical trial for the treatment of patients with systemic lupus erythematosus. In addition, Alumis continues to leverage its precision data analytics platform to explore ESK-001's potential application in other immune-mediated conditions.
About Alumis
Alumis is a late-stage biopharma company developing next-generation targeted therapies with the potential to significantly improve patient health and outcomes across a range of immune-mediated diseases. Leveraging its proprietary data analytics platform and precision approach, Alumis is developing a pipeline of oral tyrosine kinase 2 inhibitors, consisting of ESK-001 for the treatment of systemic immune-mediated disorders, such as moderate-to-severe plaque psoriasis and systemic lupus erythematosus, and A-005 for the treatment of neuroinflammatory and neurodegenerative diseases. In addition, the pipeline includes lonigutamab, a subcutaneously delivered anti–insulin-like growth factor 1 receptor therapy for the treatment of thyroid eye disease, as well as several preclinical programs identified through this precision approach. For more information, visit www.alumis.com or follow us on LinkedIn or X.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws, including the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as 'aims,' 'anticipates,' 'believes,' 'could,' 'estimates,' 'expects,' 'forecasts,' 'goal,' 'intends,' 'may,' 'plans,' 'possible,' 'potential,' 'seeks,' 'will' and variations of these words or similar expressions that are intended to identify forward-looking statements. All statements, other than statements of historical facts, including without limitation those regarding the timing of Alumis' topline readout in its ONWARD Phase 3 program, the potential for ESK-001 to treat moderate-to-severe plaque psoriasis and systemic lupus erythematosus, any expectations regarding the safety, efficacy or tolerability of ESK-001 and statements regarding Alumis' future plans and prospects including development of its clinical pipeline; and any assumptions underlying any of the foregoing, are forward-looking statements. Any forward-looking statements in this press release are based on Alumis' current expectations, estimates and projections only as of the date of this release and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Readers are cautioned that actual results, levels of activity, safety, efficacy, performance or events and circumstances could differ materially from those expressed or implied in Alumis' forward-looking statements due to a variety of risks and uncertainties, which include, without limitation, risks and uncertainties related to Alumis' ability to advance ESK-001 and to obtain regulatory approval of and ultimately commercialize Alumis' clinical candidates, the timing and results of preclinical and clinical trials, Alumis' ability to fund development activities and achieve development goals, Alumis' ability to protect its intellectual property and other risks and uncertainties described in Alumis' filings with the Securities and Exchange Commission (SEC), including any future reports Alumis may file with the SEC from time to time. Alumis explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.
Alumis Contact Information Teri Dahlman Red House Communications [email protected]
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Robot Consulting Co., Ltd. Announces Fiscal Year 2025 Financial Results
Robot Consulting Co., Ltd. Announces Fiscal Year 2025 Financial Results

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Robot Consulting Co., Ltd. Announces Fiscal Year 2025 Financial Results

TOKYO, Aug. 14, 2025 /PRNewswire/ -- Robot Consulting Co., Ltd. (Nasdaq: LAWR) (the "Company" or "Robot Consulting"), a Japanese platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse, today announced its financial results for the fiscal year ended March 31, 2025. Fiscal Year 2025 Financial Summary Revenue was JPY675.6 million ($4.5 million) in the fiscal year ended March 31, 2025, compared to JPY693.1 million in the fiscal year ended March 31, 2024. Gross profit was JPY671.6 million ($4.5 million) in the fiscal year ended March 31, 2025, compared to JPY673.3 million in the fiscal year ended March 31, 2024. Net loss was JPY534.7 million ($3.6 million) in the fiscal year ended March 31, 2025, a decrease of 19.2% from JPY662.0 million in the fiscal year ended March 31, 2024. Basic and diluted loss per share was JPY12.7 in the fiscal year ended March 31, 2025, compared to JPY16.1 in the fiscal year ended March 31, 2024. Mr. Amit Thakur, Director and Chief Executive Officer of Robot Consulting, remarked, "In fiscal year 2025, we achieved notable progress in our software business while continuing to streamline our operations. Our software revenue increased by 101.0% year over year, driven by the continued adoption of our Labor Robot platform since its launch in 2023. This growth reinforces our commitment to delivering innovative solutions that meet evolving customer needs. We also achieved substantial cost improvements, with the cost of revenue down 80.2% and selling, general, and administrative expenses reduced by 8.3%, resulting in a narrower net loss compared to the prior fiscal year. "A major recent milestone was our successful listing on the Nasdaq Capital Market under the ticker symbol 'LAWR' on July 17, 2025. We anticipate that this achievement will enhance our visibility with global investors, broaden our access to capital, and provide the Company with the resources needed to accelerate innovation. "Looking ahead, we remain focused on growing the market reach of our products while enriching our product portfolio. We are currently in the process of developing and incorporating desired features to the prototype of Robot Lawyer, with a plan to launch it in November 2025. Together with our growth initiatives and supported by our ongoing operational improvements, we believe these efforts will position us to capture new opportunities, strengthen our market presence, and deliver sustainable value for our shareholders over the long term." Fiscal Year 2025 Financial Results Revenue Revenue was JPY675.6 million ($4.5 million) in the fiscal year ended March 31, 2025, a decrease of 2.5% from JPY693.1 million in the fiscal year ended March 31, 2024. The decrease was primarily driven by the following factors: Revenue from sales of software was JPY151.0 million ($1.0 million) in the fiscal year ended March 31, 2025, an increase of 101.0% from JPY75.1 million in the fiscal year ended March 31, 2024. Since the Company released its software, Labor Robot, in 2023, the number of accumulated users increased, with more users as of the fiscal year ended March 31, 2025 compared to the prior fiscal year 2024, which resulted in higher revenue in the fiscal year ended March 31, 2025. Revenue from consulting and support services was JPY524.6 million ($3.5 million) in the fiscal year ended March 31, 2025, a decrease of 15.1% from JPY618.0 million in the fiscal year ended March 31, 2024, as the Company discontinued the e-commerce store set-up services and had no revenue from such services during the fiscal year ended March 31, 2025. Cost of Revenue Cost of revenue was JPY3.9 million ($26,000) in the fiscal year ended March 31, 2025, a decrease of 80.2% from JPY19.8 million in the fiscal year ended March 31, 2024. The decrease was primarily due to the discontinuation of e-commerce store set-up services, which had a higher cost of revenue relative to total revenue. Gross Profit Gross profit was JPY671.6 million ($4.5 million) in the fiscal year ended March 31, 2025, a decrease of 0.2% from JPY 673.3 million in the fiscal year ended March 31, 2024. Operating Expenses Operating expenses were JPY1,205.8 million ($8.0 million) in the fiscal year ended March 31, 2025, a decrease of 9.0% from JPY1,325.1 million in the fiscal year ended March 31, 2024. Research and development expenses were JPY86.2 million ($0.6 million) in the fiscal year ended March 31, 2025, a decrease of 16.7% from JPY103.4 million in the fiscal year ended March 31, 2024. The decrease was primarily due to reduced software development costs related to Lawyer Robot incurred during the fiscal year ended March 31, 2024. Selling, general, and administrative expenses were JPY1,119.6 million ($7.5 million) in the fiscal year ended March 31, 2025, a decrease of 8.3% from JPY1,221.6 million in the fiscal year ended March 31, 2024. The decrease was primarily due to lower audit-related expenses. Other Income (Expenses), net and Interest Expenses Other expenses were JPY0.5 million ($3,000) in the fiscal year ended March 31, 2025, a decrease of 95% from JPY10.2 million in the fiscal year ended March 31, 2024. The decrease was primarily due to the impairment loss on investments as non-recurring expenses in the fiscal year ended March 31, 2024. Net Loss Net loss was JPY534.7 million ($3.6 million) in the fiscal year ended March 31, 2025, a decrease of 19.2% from JPY662.0 million in the fiscal year ended March 31, 2024. Basic and Diluted Loss per Share Basic and diluted loss per share was JPY12.7 in the fiscal year ended March 31, 2025, compared to JPY16.1 in the fiscal year ended March 31, 2024. Financial Condition As of March 31, 2025, the Company had cash and cash equivalents of JPY112.0 million, compared to JPY471.6 million as of March 31, 2024. Net cash used in operating activities was JPY283.0 million in the fiscal year ended March 31, 2025, compared to JPY317.1 million in the fiscal year ended March 31, 2024. Net cash used in investing activities was JPY13.1 million in the fiscal year ended March 31, 2025, compared to JPY8.9 million in the fiscal year ended March 31, 2024. Net cash used in financing activities was JPY63.6 million in the fiscal year ended March 31, 2025, compared to net cash provided by financing activities of JPY346.4 million in the fiscal year ended March 31, 2024. Exchange Rate Information This announcement contains translations of certain JPY amounts into U.S. dollars for the convenience of the reader. Translations of amounts from JPY into U.S. dollars have been made at the exchange rate of JPY149.9 = $1.00, which was the foreign exchange rate on March 31, 2025 as reported by the Board of Governors of the Federal Reserve System in its weekly release on April 7, 2025. About Robot Consulting Co., Ltd. Robot Consulting Co., Ltd. is a Japanese platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company's major product, "Labor Robot," is a cloud-based human resource management system that helps users track employee attendance, manage sales orders, and journalize accounting items. Robot Consulting also assists users with grant and subsidy applications and provides consulting and support services for digital transformation to small and medium-sized businesses. Robot Consulting also aims to create more software and services related to digital transformation, legal technology, and the metaverse. The Company is currently developing "Robot Lawyer," which will enable users to pose metaverse-related legal questions on certain metaverse platforms through Robot Lawyer's AI-powered chat interface, search legal precedents through an AI-driven search engine, and access lawyer matching services for further legal consultation. For more information, please visit the Company's website: Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may," or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission ("SEC"). Additional factors are discussed in the Company's filings with the SEC, which are available for review at For more information, please contact: Robot Consulting Co., Relations DepartmentEmail: ir@ Ascent Investor Relations LLCTina XiaoPhone: +1-646-932-7242Email: investors@ BALANCE SHEETS As of March 31, 2025 and 2024 (Yen in thousands, except share data)2025 2024March 31,2025 2024 ASSETS Current Assets: Cash and cash equivalents¥ 112,012 ¥ 471,648Accounts receivable, net 21,41284,424Related party receivable —9,304Deferred offering costs 131,03567,470Prepaid expenses and other current assets 13,04176,538Total Current Assets 277,500709,384Non-current Assets: Restricted cash 19,47019,470Property and equipment, net 6,9461,929Operating lease right-of-use assets, net 8806,778Intangible assets, net 7,1041,962Investments - Non-current 134134Other assets 1,9383,888Total Assets¥ 313,972 ¥ 743,545 LIABILITIES AND SHAREHOLDERS' DEFICIT Current Liabilities: Trade accounts payable¥ 113,962 ¥ 368,883Other payable 58,15064,765Accrued expenses 1,614936Deferred revenue - Current 351,937130,824Current portion of operating lease liabilities 4026,523Total Current Liabilities 526,065571,931Non-current Liabilities: Non-current operating lease liabilities 479255Deferred revenue - Non-current 412,996268,589Other liabilities 25,81719,470Total Liabilities 965,357860,245Commitments and contingencies (Note 10) SHAREHOLDERS' DEFICIT: Ordinary share, JPY1.7 par value - 168,000,000 shares authorized as ofMarch 31, 2025 and 2024; 42,210,000 shares issued and outstanding as of March 31, 2025 and 2024 70,35070,350Additional paid-in capital 1,060,7501,060,750Accumulated deficit (1,782,485)(1,247,800)Total Shareholders' Deficit (651,385)(116,700)Total Liabilities & Shareholders' Deficit¥ 313,972 ¥ 743,545 STATEMENTS OF OPERATIONS For the Fiscal Years Ended March 31, 2025, 2024 and 2023 (Yen in thousands, except share and per share data)2025 2024 2023For the Fiscal Years Ended March 31,2025 2024 2023RestatedRevenue¥ 675,561 ¥ 693,104 ¥ 83,597Cost of revenue 3,93619,84870,622Gross profit 671,625673,25612,975Operating expenses: Research and development 86,158103,440138,322Selling, General and Administrative Expenses 1,119,6411,221,614342,670Total operating expenses 1,205,7991,325,054480,992Loss from operations (534,174)(651,798)(468,017)Other income (expenses), net (511)(10,168)(10,591)Interest expenses ——(25)Loss before income taxes (534,685)(661,966)(478,633)Provision for income taxes ———Net Loss¥ (534,685) ¥ (661,966) ¥ (478,633)Net loss per share attributable to shareholders, basicand diluted¥ (12.7) ¥ (16.1) ¥ (12.3)Weighted-average shares outstanding used to compute net loss per share, basic and diluted 42,210,00041,127,79738,882,926 STATEMENTS OF CASH FLOWS For the Fiscal Years Ended March 31, 2025, 2024, and 2023 (Yen in thousands)2025 2024 2023For the Fiscal Years Ended March 31, 2025 2024 2023RestatedCash flows from operating activities: Net loss¥ (534,685) ¥ (661,966) ¥ (478,633)Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 2,8921,832220Noncash lease expenses 6,6436,1792,968Loss on disposal of property and equipment ——592Impairment loss on investments —10,00010,000Change in allowance for credit losses (7,044)—Accounts receivable 70,056(2,441)(81,983)Related party receivable 9,304(7,230)(2,073)Prepaid expenses and other current assets 63,495(51,507)(9,555)Other Assets 1,950(2,297)(594)Accounts payable and accrued expenses (260,857)220,609189,607Deferred revenue 365,520175,942219,185Operating lease liabilities (6,643)(6,179)(2,968)Other liabilities 6,350—19,470Net cash used in operating activities (283,019)(317,058)(133,764)Cash flows from investing activities: Purchase of property and equipment (7,587)(3,339)(437)Purchase of intangible assets (5,464)(2,101)—Acquisition of investments —(10,000)(10,134)Proceeds from sales of investment —6,552—Net cash used in investing activities (13,051)(8,888)(10,571)Cash flows from financing activities: Payment for deferred offering costs (63,566)(22,015)(45,454)Proceeds from stock issuance —338,600335,500Proceeds received for subscription receivable —29,83417,327Net cash provided by financing activities (63,566)346,419307,373Net increase in cash, cash equivalents and restrictedcash (359,636)20,473163,038Cash, cash equivalents and restricted cash at beginning of period 491,118470,645307,607Cash, cash equivalents and restricted cash at end of period¥ 131,482 ¥ 491,118 ¥ 470,645 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents¥ 112,012 ¥ 471,648 ¥ 451,175Restricted cash 19,47019,47019,470Total cash, cash equivalents and restricted cash¥ 131,482 ¥ 491,118 ¥ 470,645 View original content: SOURCE Robot Consulting Co., Ltd. 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Brilliant Earth Announces Participation in Upcoming Investor Conferences
Brilliant Earth Announces Participation in Upcoming Investor Conferences

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Brilliant Earth Announces Participation in Upcoming Investor Conferences

SAN FRANCISCO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. ('Brilliant Earth' or the 'Company') (NASDAQ: BRLT), an innovative, global leader in ethically sourced fine jewelry, today announced that the Company will participate in several upcoming investor events. On August 19, 2025, the Company will participate in the Lytham Partners 2025 Consumer & Technology Investor Summit. The webcast will take place at 3:00pm ET and can be accessed by visiting the conference home page here or directly here. A replay will also be available through the same links and an archived replay will be available on the Company's Investor Relations Website and will remain available for one year following the live event. Opportunities for 1x1 investor meetings will be available after the event upon request by contacting a Lytham Partners representative at 1x1@ or the Company's investor relations team. On August 26, 2025, the Company will participate in the 16th Annual Midwest IDEAS Investor Conference being held at the InterContinental Chicago Magnificent Mile. Management will host a fireside chat presentation at 11:00am ET and investor meetings throughout the day. A live webcast of this presentation can be accessed here or at the 'Events and Presentations' section of Brilliant Earth's investor website at Events | Brilliant Earth Group, Inc. An archived replay will be available on the Company's Investor Relations Website and will remain available for one year following the live event. On September 3, 2025, the Company will participate in the Goldman Sachs 32nd Annual Global Retailing Conference being held at the Conrad New York Downtown in New York, New York. Management will host investor meetings throughout the day. On September 10, 2025, the Company will participate in the B. Riley Securities 8th Annual Consumer & TMT Conference being held at Sofitel New York. Management will host investor meetings throughout the day. About Brilliant Earth Brilliant Earth is an industry-disrupting global leader in ethically sourced fine jewelry. The Company's mission since its founding in 2005 has been to create a more transparent, sustainable, and compassionate jewelry industry. With a premium brand, curated proprietary product assortment, seamless omnichannel shopping experience, and asset-light, data driven business model, Brilliant Earth is transforming the jewelry industry. 2024 full year Net Sales were $422 million and the Company has reported positive Adjusted EBITDA for 16 consecutive quarters since going public in 2021. Headquartered in San Francisco, CA and Denver, CO, Brilliant Earth has 42 showrooms and counting across the United States and has served customers in over 50 countries worldwide. Contacts: Investor Relations:Colin Bourland investorrelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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