IMMUNIC, INC.
For the period ended Jun 30, 2026. Filed Aug 11, 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.
Jun 30, 2026 · Filed Aug 11, 2026
IMUX$8.04+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Six Months Ended June 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net loss | $(66,687) | $(52,293) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 67 | 86 |
| Stock-based compensation | 11,248 | 3,941 |
| Non-cash lease expense | 360 | 108 |
| Changes in operating assets and liabilities: | ||
| Other current assets and prepaid expenses | 4,491 | (429) |
| Accounts payable | 2,860 | (896) |
| Accrued expenses | (318) | 3,447 |
| Other liabilities | 37 | (231) |
| Operating lease liability | (357) | (118) |
| Net cash used in operating activities | (48,299) | (46,385) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (251) | (83) |
| Net cash used in investing activities | (251) | (83) |
| Cash flows from financing activities: | ||
| Proceeds from the exercise of Series B warrants, net of issuance costs | 1,377 | — |
| Proceeds from February 2026 Private Placement, net of issuance costs | 187,263 | — |
| Proceeds from shares issued in connection with the Company's employee stock purchase plan | 86 | 123 |
| Proceeds from May 2025 Offering, net of issuance costs | — | 60,661 |
| Proceeds from April 2025 Offering, net of issuance costs | — | 4,734 |
| Proceeds from the exercise of employee stock options | 32 | — |
| Proceeds from the exercise of pre-funded warrants | 2 | — |
| Net cash provided by financing activities | 188,760 | 65,518 |
| Effect of exchange rate changes on cash and cash equivalents | (595) | 592 |
| Net change in cash and cash equivalents | 139,615 | 19,642 |
| Cash and cash equivalents, beginning of period | 15,483 | 35,668 |
| Cash and cash equivalents, end of period | $155,098 | $55,310 |
| Supplemental disclosure of noncash investing and financing activities: | ||
| Reclassification of SARs liability to equity | $5,198 | $— |
| Operating lease right-of use asset obtained in exchange for lease obligation | $345 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.