10-Q quarterly report · filed May 13, 2026

Altimmune, Inc. (ALT) Q1 2026 10-Q Quarterly Report

Short answer

Altimmune, Inc. (ALT) filed its Q1 2026 10-Q quarterly report on May 13, 2026 for the quarter ended Mar 31, 2026.

Q1 2026 key financials · XBRL

Net income
−$23M
−15.3% YoY
EPS (diluted)
−$0.18
+30.8% YoY

Source: XBRL data from the Altimmune, Inc. (ALT) Q1 2026 10-Q on SEC EDGAR. USD.

Altimmune, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $0 vs $5,000 YoY, down 100%; clinical-stage company without product sales
  • Net loss $22.6M vs $19.6M YoY, up 15%; operating loss $24.2M vs $21.8M
  • Best R&D line AUD $1.6M, up 393%; worst MASH $3.7M, down 41%
  • Cash, equivalents, restricted cash and short-term investments $331.6M; operating cash use $20.9M vs $16.8M
  • April offering added $211.2M net proceeds; PERFORMA Phase 3 planned for second half of 2026 amid tariff and inflation risks

Risk Factors

  • No material changes from risk factors disclosed in March 6, 2026 Form 10-K
  • April 22, 2026 underwriting agreement indicates a subsequent equity financing event
  • April 16, 2026 certificate amendment increased authorized shares
  • April 24, 2026 common-stock and pre-funded warrants create potential equity dilution risk

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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