CEL-SCI Corp.'s (CVM) net loss available to common shareholders for the fiscal year 2012 was $17.6 million, or $0.07 per share, versus a loss of $26.8 million, or $0.13 per share for the fiscal 2011 year.
The change in net loss available to common shareholders in fiscal year 2012 was primarily due to a $12 million one-time expense for the settlement of a lawsuit from 2011. Subsequent to the end of its fiscal year, CEL-SCI completed a Registered Direct Offering, where it sold its common stock and warrants, raising gross proceeds of $10.5 million.
The company reported an operating loss of $17.24 million in fiscal year 2012 versus an operating loss of $17.99 million in fiscal year 2011.
The operating loss included research and development expenses of $10.4 million in fiscal 2012 compared to $11.7 million in fiscal 2011. The operating loss also included the general and administrative expenses of $6.6 million in fiscal 2012 compared to $6.7 million in fiscal 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.