IMMUNIC, INC.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed Nov 13, 2025
IMUX$7.75+5.9%Stored close · as of Nov 6, 2026
Contents
Item 1. Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Operating expenses: | ||||
| Research and development | $20,012 | $21,370 | $62,914 | $58,429 |
| General and administrative | 5,981 | 4,356 | 16,987 | 13,992 |
| Total operating expenses | 25,993 | 25,726 | 79,901 | 72,421 |
| Loss from operations | (25,993) | (25,726) | (79,901) | (72,421) |
| Other income (expense): | ||||
| Interest income | 419 | 776 | 843 | 2,961 |
| Change in fair value of the tranche rights | — | — | — | (4,796) |
| Other income (expense), net | (5) | 582 | 1,186 | (1,076) |
| Total other income (expense) | 414 | 1,358 | 2,029 | (2,911) |
| Net loss | $(25,579) | $(24,368) | $(77,872) | $(75,332) |
| Net loss per share, basic and diluted | $(0.13) | $(0.24) | $(0.55) | $(0.75) |
| Weighted-average common shares outstanding, basic and diluted | 193,897,764 | 101,272,580 | 142,811,489 | 99,998,245 |
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