---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-011627"
form_type: "8-K"
ticker: "PULM"
cik: "0001574235"
company_name: "Pulmatrix, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:09:13.583932+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pulmatrix reports FY2023 net loss narrowed; cash runway extended to Q1 2026 on Cipla amendment

## Summary
- Cash and equivalents $19.2M at Dec 31, 2023; projected runway into Q1 2026.
- Net loss $14.1M ($3.87/share) for FY2023, improved from $18.8M ($5.46/share) in FY2022.
- Revenue $7.3M, up $1.2M YoY due to higher PUR1900 activity under Cipla agreement.
- Cipla amendment: wind-down of PUR1900 Phase 2b; Pulmatrix gets 2% royalty on net sales, no further development cost.
- R&D spend fell $2.7M to $15.5M; G&A fell $0.3M to $6.5M.

## SEC filing metadata
- accession: 0001493152-24-011627
- form_type: 8-K
- ticker: PULM
- cik: 0001574235
- company_name: Pulmatrix, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574235/000149315224011627/0001493152-24-011627-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574235/000149315224011627/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-011627
- JSON: https://secwatch.observer/filing/0001493152-24-011627.json
- Plain text: https://secwatch.observer/filing/0001493152-24-011627.txt

## Key facts
- Earnings Releases
  Pulmatrix, Inc. reported the year ended December 31, 2023 results: revenue $7.3 million.
  - Period: the year ended December 31, 2023
  - Revenue: $7.3 million
  - Result: reported results
  source text: Revenues increased $1.2 million to $7.3 million for the year ended December 31, 2023, compared to $6.1 million for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1574235/000149315224011627/0001493152-24-011627-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.