earnings
confidence high
sentiment neutral
materiality 0.70
Immuneering Q3 net loss $12.8M; IMM-1-104 IND cleared, trial recruiting; cash runway into Q3 2024
Immuneering Corp
2022-Q3 EPS reported
-$1.41
revenue$316,497
- Net loss $12.8M ($0.49/share) vs $8.5M ($0.47) YoY; R&D $9.4M, G&A $3.8M.
- Cash and marketable securities $117.2M as of Sept 30, 2022, down from $150.2M at Dec 31, 2021.
- IND for IMM-1-104 cleared Sept 2022; Phase 1/2a trial recruiting, first patient expected Q4 2022.
- Preclinical data on IMM-6-415 presented at SITC; IND submission expected Q4 2023.
- FY 2022 GAAP operating expense guidance reduced to $53-56M from $55-60M; cash runway into Q3 2024.