earnings
confidence high
sentiment neutral
materiality 0.60
Immuneering Q2 net loss $12.2M; cash runway extended into 2025; IMM-1-104 Phase 1b enrolling
Immuneering Corp
2023-Q2 EPS reported
-$0.94
- Net loss of $12.2M ($0.43 per share) vs $11.5M ($0.44 per share) in Q2 2022.
- Cash and equivalents $109.0M at June 30, 2023; expects cash runway into 2025.
- Completed $30M underwritten offering of 2.73M shares at $11.00 in April 2023.
- IMM-1-104 Phase 1a dose escalation completed with no dose-limiting toxicities; Phase 1b enrolling at 240mg or 320mg daily.
- RP2D expected early 2024; IND filing for IMM-6-415 expected Q4 2023.