earnings
confidence high
sentiment neutral
materiality 0.65
Immuneering reports Q4 2022 net loss $13.2M; cash runway into Q4 2024; first patient dosed in IMM-1-104 trial
Immuneering Corp
- Net loss $13.2M ($0.50/share) for Q4 2022 vs $10.8M ($0.42/share) in Q4 2021; full year net loss $50.5M ($1.91/share).
- Cash, cash equivalents and marketable securities $105.5M as of Dec 31, 2022; cash runway extended into Q4 2024 after suspending neuroscience programs.
- First patient dosed in Phase 1/2a trial of IMM-1-104 for advanced solid tumors with any RAS mutation; initial PK/safety data expected mid-2023.
- IND filing for IMM-6-415 expected Q4 2023; preclinical data presented at SITC 2022.
- R&D expenses $9.9M in Q4 2022 vs $7.9M in Q4 2021; G&A $4.1M vs $3.1M.