earnings
confidence high
sentiment neutral
materiality 0.50
INmune Bio Q1 net loss $6.5M; cash $51M; advances DN-TNF and INKmune trials
Inmune Bio, Inc.
2023-Q1 EPS reported
-$0.36
revenue$38,000
- Net loss $6.5M vs $6.9M YoY; R&D $4.1M, G&A $2.3M.
- Cash and equivalents $51.0M at March 31, 2023; 17.9M shares outstanding.
- FDA provides clear pathway to lift clinical hold on AD Phase 2 by year-end.
- IND filed for INKmune in mCRPC; Phase 1 in MDS/AML enrolling at three sites.
- Top-line XPro Alzheimer's results expected 2H 2024; NIH-funded depression trial pending FDA.