earnings
confidence high
sentiment neutral
materiality 0.70
Inovio Q1 net loss narrows to $19.7M; BLA submission for INO-3107 on track for mid-2025
INOVIO PHARMACEUTICALS, INC.
2025-Q1 EPS reported
-$0.51
revenue$65,343
- Net loss narrowed to $19.7M ($0.51/share) from $30.5M ($1.31) in Q1 2024.
- Cash and short-term investments $68.4M as of Mar 31, 2025, down from $94.1M at Dec 31, 2024.
- On track to begin rolling BLA submission for INO-3107 (RRP) in mid-2025; FDA acceptance targeted by year-end.
- DMAb Phase 1 trial: 100% of participants (24/24) at week 72 maintained antibody levels; no anti-drug antibodies.
- R&D expenses decreased to $16.1M from $20.9M; net cash burn guidance ~$22M for Q2 2025.