INMB Inmune Bio, Inc.

FY2024 10-K
Filed: Mar 27, 2025
Health Care
Biological Products, (No Diagnostic Substances)SEC EDGAR

Inmune Bio, Inc. (INMB) filed its fiscal year 2024 10-K annual report with the SEC on Mar 27, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2024 10-K

Business Overview

  • Core business: Develops innate immune system-targeted biologic therapies for cancer, neurodegenerative diseases, and rare pediatric disorders
  • NEW emphasis: Added CORDStrom stem cell product for recessive dystrophic epidermolysis bullosa (RDEB), pivotal trial complete, plans BLA filing in US 2025-2026
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Management Discussion & Analysis

  • Net loss $42.1M FY2024 vs $30.0M FY2023; cash $20.9M FY2024 vs $35.8M FY2023, cash burn increasing
  • R&D expense $33.2M FY2024 vs $20.3M FY2023, driven by DN-TNF Alzheimer’s $23.8M and INKmune/CORDStrom $4.6M
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Risk Factors

  • Regulatory risk FDA approval delays or non-approval; potential loss of priority or accelerated review, impacting time-to-market for product candidates
  • Macroeconomic risk capital depletion risk; cash $20.9M as of Dec 31, 2024 vs $35.8M in 2023 with $42.1M net loss in 2024 risking going concern status
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Financial Summary
XBRL

Revenue

$14,000

Net Income

-$42M

Operating Margin

-304535.7%

Net Margin

-300585.7%

ROE

-131.1%

Total Assets

$40M

EPS (Diluted)

$-2.11

Operating Cash Flow

-$33M

Source: XBRL data from Inmune Bio, Inc. FY2024 10-K filing on SEC EDGAR. All figures in USD.

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