How did IMNN's operating expenses trend in Q4 2024?
5/8/2025 09:29pm
**IMNN's operating expenses for Q4 2024 are not currently available**. However, the latest available data is from the company's Q3 2024 financial results, which show the following trends:
1. **Increase in Research and Development Expenses**: IMNN's Research and Development (R&D) expenses were $3.3 million for Q3 2024, up from $2 million in Q3 2023. This indicates a trend of increasing investment in R&D activities.
2. **Decrease in General and Administrative Expenses**: On the other hand, General and Administrative (G&A) expenses were $1.7 million for Q3 2024, down from $1.9 million in Q3 2023. This suggests a trend of cost management in non-R&D areas.
3. **Net Loss Increase**: Despite the decrease in G&A expenses, the net loss for Q3 2024 was $4.9 million, an increase from the $3.5 million net loss in Q3 2023. This indicates that the increase in R&D expenses may be contributing to the overall net loss.
4. **Cash and Cash Equivalents**: The company's cash and cash equivalents were $10.312 thousand as of September 30, 2024, compared to $5.839 thousand as of December 31, 2023. This increase in cash reserves could provide a buffer for potential operating expenses in Q4 2024.
Given these trends, it can be inferred that IMNN has been strategically allocating resources, with a focus on increasing R&D investments, which may have led to a temporary increase in operating expenses. However, the exact figure for Q4 2024 is not currently available.