Immunome Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 9, 2026
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3. Fair value measurement
The Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. The Company determines fair value based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels:
Level 1 – Quoted prices in active markets for identical assets or liabilities.
Level 2 – Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
The following tables summarize the Company’s financial assets measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):
| Level | Amortized Cost | Unrealized Gain | Unrealized Loss | Fair Value | |
|---|---|---|---|---|---|
| Cash equivalents: | |||||
| Money market funds | 1 | $211,687 | $— | $— | $211,687 |
| Marketable securities: | |||||
| U.S. treasury securities | 2 | 249,207 | — | (467) | 248,740 |
| Total financial assets | $460,894 | $— | $(467) | $460,427 | |
| Level | Amortized Cost | Unrealized Gain | Unrealized Loss | Fair Value | |
|---|---|---|---|---|---|
| Cash equivalents: | |||||
| Money market funds | 1 | $652,112 | $— | $— | $652,112 |
| Total financial assets | $652,112 | $— | $— | $652,112 | |
As of September 30, 2026, marketable securities had contractual maturities ranging from 1 to 7 months.
Accrued interest receivable on the Company's cash equivalents and marketable securities was $2.8 million and $1.3 million as of September 30, 2026 and December 31, 2025, respectively, and is included in prepaid expenses and other current assets on the condensed consolidated balance sheets. As of September 30, 2026, the Company considers the unrealized losses in its investment portfolio to be temporary in nature and not due to credit losses. The Company has the intent and ability to hold such marketable securities until their maturity at fair value. As a result, the Company didnot record any charges for impairments for its marketable securities or accrued interest receivable for the nine months ended September 30, 2026 and for the year ended December 31, 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.