IMNN Imunon, Inc.
Price Chart
Executive Summary
Imunon reported Q1 2026 GAAP EPS of -$0.84, beating consensus of -$0.99 by 15%, but operating cash burn widened to -$4.0M and cash fell to $4.8M. Clinical progress on IMNN-001's Phase 3 OVATION 3 trial continues, with FDA alignment on the protocol, but the financials highlight a tightening cash runway.
Actionable Insight
The EPS beat is positive but cash depletion and widening operating burn suggest dilution or partnership risk within 2-3 quarters. Watch for secondary offering or licensing deal to extend runway, and for interim OVATION 3 data updates.
Key Facts
- Q1 2026 GAAP EPS -$0.84 vs consensus -$0.99 (beat by 15.2%)
- Net loss $4.3M vs $4.1M in Q1 2025; operating expenses flat at $4.3M
- Cash and equivalents $4.8M at Mar 31, 2026, down from $8.8M at Dec 31, 2025
- Operating cash flow -$4.0M vs -$2.8M in prior year quarter
- Phase 3 OVATION 3 enrollment expected to complete by Q1 2029; FDA aligned on protocol
- Strategic reorganization completed Feb 2026 to reduce operating expenses
Financial Impact
EPS beat of $0.15 per share vs consensus, but cash burn accelerated by $1.2M YoY; cash runway ~8 months at current burn
Risk Factors
- Cash runway insufficient to complete Phase 3 enrollment without additional financing
- No approved products; clinical trial failure would be existential
- High stock volatility typical of micro-cap biotech
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-022401 |
| Document: form8-k.htm | 0001493152-26-022401 |
| Document: 0001493152-26-022401-index-headers.html | 0001493152-26-022401 |
| Document: 0001493152-26-022401-index.html | 0001493152-26-022401 |
| Document: 0001493152-26-022401.txt | 0001493152-26-022401 |
| 8-K Data (Synthetic) | 0001493152-26-022401 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 4, 2026
8d ago
|
8-K
| $2.10 $2.06 | ▲ +1.90% | ▼ −0.69% | $2.02 (+3.81%) |
|
May 12, 2026
4w ago
|
8-K
| $2.70 $2.60 | ▼ −3.70% | ▼ −4.28% | $2.02 (−25.19%) |
|
May 4, 2026
5w ago
|
8-K
| $2.80 $2.77 | ▼ −1.07% | ▼ −1.87% | $2.02 (−27.86%) |
|
Mar 31, 2026
10w ago
|
8-K
| $2.94 $2.99 | ▲ +1.70% | ▲ +0.95% | $2.02 (−31.29%) |
|
Mar 24, 2026
11w ago
|
Press Release
| $2.94 $2.78 | ▼ −5.44% | ▼ −6.01% | $2.02 (−31.29%) |
US Market Status
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