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WHWK Q2 2026: $190M cash balance extends runway to 2H 2028, HWK-206 Phase 1 initiation the next milestone

8/6/2026

In focus for clinical oncology watchers Thursday: Whitehawk Therapeutics (Nasdaq: WHWK) posted a second-quarter 2026 net loss of $16.6 million and ended the period with $190.0 million in cash, cash equivalents and short-term investments.

That balance, up from $145.7 million at December 31, 2025, is anticipated to fund operations into the second half of 2028.

The next confirmable date on the tape is the Phase 1 trial initiation for HWK-206, planned for Q3 2026.

The numbers behind the print Research and development expenses came in at $12.9 million for the quarter ended June 30, 2026, against $48.8 million in the year-prior period.

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