earnings
confidence high
sentiment positive
materiality 0.65
iMDx reports Q1 net loss $4.3M; signs first GALACTIC trial site, advances FDA submission
Insight Molecular Diagnostics Inc.
2026-Q1 EPS
reported -$0.12
vs consensus -$0.27
▲ beat
(+55.0%)
- Q1 revenue ~$32K, gross profit $15K; net loss $4.3M ($0.12/share); non-GAAP net loss $9.6M ($0.28/share).
- Signed first clinical trial agreement for GALACTIC registry with a top-10 U.S. kidney transplant center.
- Non-GAAP operating expenses $4.4M including $5.9M non-cash gain; R&D down 15% sequentially.
- Expect FDA marketing authorization for GraftAssureDx later 2026; productive FDA dialogue ongoing.
- Small RUO orders from Switzerland and pending from Southeast Asia; first U.S. orders anticipated later this year.