earnings
confidence high
sentiment positive
materiality 0.65
Immuneering Q3 net loss $8.5M ($0.47/sh); cash $159.6M; IND for IMM-1-104 in Q1 2022
Immuneering Corp
2021-Q3 EPS reported
-$2.41
revenue$1,890,370
- Net loss attributable to common stockholders $8.5M vs $4.4M in Q3 2020; diluted EPS $(0.47).
- Cash and marketable securities $159.6M as of Sep 30, 2021, up from $37.1M at Dec 31, 2020.
- Completed upsized IPO of 8.625M shares at $15.00 each, gross proceeds $129.4M.
- IND filing for dual-MEK inhibitor IMM-1-104 expected Q1 2022; Phase 1 trial in 1H 2022.
- R&D expenses $6.2M (up from $4.1M); G&A $2.6M (up from $0.7M) due to IPO prep and headcount.