Lipella Pharmaceuticals Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 0.118048 million compared to USD 0.033149 million a year ago. Net loss was USD 1.07 million compared to USD 0.73795 million a year ago.

Basic loss per share from continuing operations was USD 0.19 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.19 a year ago.