Inovio Q1 net loss $19.7M ($0.28/shr); cash runway into Q1 2027 beyond Oct PDUFA

INOVIO PHARMACEUTICALS, INC.

2026-Q1 EPS reported -$0.28

Net loss $19.7M, flat YoY; diluted EPS ($0.28) vs ($0.51) due to fewer shares.
Revenue not reported (pre-revenue biotech); R&D spend $14.1M (-12% YoY), G&A $7.9M (-12%).
Cash & equivalents $37.7M at Mar 31, plus $16M from April offering; expects ops into Q1 2027.
FDA reviewing INO-3107 BLA under accelerated approval; PDUFA date Oct 30, 2026.
Collaboration with Akeso to test INO-5412 + cadonilimab in GBM in Dana-Farber INSIGhT trial.

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