IMNM Stock Price Chart
Daily OHLCV with technical indicators — pan, zoom, and customize your view
04
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance
Revenue, net income, margins and EPS trends
06
Revenue$7M2023-12-31 → 2025-12-31
EPS$-2.432020-12-31 → 2025-12-31
Free Cash Flow$-201M2020-12-31 → 2025-12-31
Net margin-3060.0%2020-12-31 → 2025-12-31
Valuation & Ratios07–12
Valuation
P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
IMNM
5Y avg
Peer Median
Verdict
P/E (TTM)
-8.25Y avg ≈-3.9
≈-3.9
·
·
P/S
340.75Y avg ≈152.9
≈152.9
152.8
Overvalued
P/B (MRQ)
4.55Y avg ≈3.3
≈3.3
4.5
Overvalued
Price / FCF (TTM)
-10.85Y avg ≈-16.5
≈-16.5
·
·
Price / Cash Flow (TTM)
-11.45Y avg ≈-17.9
≈-17.9
·
·
Price / Tangible Book
3.75Y avg ≈3.3
≈3.3
·
·
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability
Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
IMNM
5Y avg
Peer Median
Verdict
Operating Margin
-3228.8%5Y avg ≈-98674.5%
≈-98674.5%
-7718.9%
Top tier
EBITDA Margin
-3193.3%5Y avg ≈-98485.3%
≈-98485.3%
-7701.1%
Top tier
Net Profit Margin
-3060.0%5Y avg ≈-99574.5%
≈-99574.5%
-7584.4%
Top tier
ROA (TTM)
-59.0%5Y avg ≈-91.7%
≈-91.7%
-39.0%
Weak
ROE (TTM)
-64.0%5Y avg ≈-119.6%
≈-119.6%
-43.8%
Weak
Financial Health
Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
IMNM
5Y avg
Peer Median
Verdict
Current Ratio (MRQ)
15.15Y avg ≈6.9
≈6.9
14.6
In line
Quick Ratio
14.55Y avg ≈5.9
≈5.9
10.3
Low liquidity
Growth
Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
IMNM
5Y avg
Peer Median
Verdict
Revenue YoY
-23.2%
·
·
·
Per Share Metrics
EPS, book value per share, cash flow per share, dividend per share
Metric
5Y trend
IMNM
5Y avg
Peer Median
Verdict
EPS (Diluted)
$-2.435Y avg ≈$-3.61
≈$-3.61
·
·
Revenue / Share
$0.085Y avg ≈$0.19
≈$0.19
·
·
Cash Flow / Share
$-2.195Y avg ≈$-1.68
≈$-1.68
·
·
Cash / Share
$5.785Y avg ≈$3.20
≈$3.20
·
·
Capital Efficiency
Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
IMNM
5Y avg
Peer Median
Verdict
Asset Turnover
0.05Y avg ≈0.0
≈0.0
0.0
Below avg
Revenue / Employee
≈$28.1K
·
·
·
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History
EPS actual vs estimate, surprise %, beat rate, next earnings date
14
Avg Surprise-1.3%
Next ReportNov 04, 2026
Period
Report
EPS Actual
EPS Est
Surprise
June 30, 2026
Aug 19, 2026
$-0.65
$-0.53
-22.0%
March 31, 2026
May 11, 2026
$-0.48
$-0.57
16.3%
Dec. 31, 2025
$-0.76
$-0.61
-23.8%
Sept. 30, 2025
$-0.65
$-0.59
-11.0%
June 30, 2025
$-0.50
$-0.54
7.3%
March 31, 2025
$-0.52
$-0.69
25.1%
Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement12
Metric
Trend
2025
2024
2023
Revenue
$7M
$9M
$14M
R&D Expense
$177M
$130M
$23M
SG&A Expense
$44M
$33M
$20M
Operating Expenses
$231M
$315M
$124M
Operating Income
$-224M
$-306M
$-110M
Income Tax
$0
$0
$0
Net Income
$-212M
$-293M
$-107M
EPS (Basic)
$-2.43
$-5.00
$-5.38
EPS (Diluted)
$-2.43
$-5.00
$-5.38
Shares (Basic)
87,350,956
58,639,441
19,843,651
Shares (Diluted)
87,350,956
58,639,441
19,843,651
EBITDA
$-222M
$-304M
$-109M
Balance Sheet19
Metric
Trend
2025
2024
2023
Cash & Equivalents
$653M
$143M
$99M
Prepaid Expense
$7M
$4M
$7M
Current Assets
$661M
$221M
$145M
PP&E (Net)
$15M
$10M
$2M
Other Non-current Assets
$5M
$4M
$100.0K
Total Assets
$683M
$240M
$149M
Accounts Payable
$3M
$14M
$3M
Current Liabilities
$45M
$54M
$22M
Capital Leases
$4M
$5M
$1M
Deferred Tax
$801.0K
$1M
$378.0K
Other Non-current Liabilities
·
·
$1M
Total Liabilities
$49M
$59M
$29M
Common Stock
$11.0K
$6.0K
$4.0K
Paid-in Capital
$1.36B
$697M
$343M
Retained Earnings
$-728M
$-516M
$-223M
AOCI
$0
$57.0K
$22.0K
Stockholders' Equity
$634M
$181M
$120M
Liabilities + Equity
$683M
$240M
$149M
Shares Outstanding
113,133,199
64,460,829
43,251,778
Cash Flow11
Metric
Trend
2025
2024
2023
D&A
$2M
$2M
$457.0K
Stock-based Comp
$26M
$16M
$6M
Other Non-cash
$-7M
$165M
$93M
Operating Cash Flow
$-191M
$-111M
$-8M
CapEx
$10M
$7M
$831.0K
Investing Cash Flow
$61M
$-85M
$-30M
Stock Issued
$46M
$20M
$34.0K
Net Stock Activity
$46M
$20M
$34.0K
Financing Cash Flow
$640M
$241M
$116M
Net Change in Cash
$510M
$45M
$78M
Free Cash Flow
$-201M
$-118M
$-8M
Profitability5
Metric
Trend
2025
2024
2023
Operating Margin
-3228.8%
-3382.4%
-781.4%
Net Margin
-3060.0%
-3240.4%
-761.9%
EBITDA Margin
-3193.3%
-3365.0%
-778.1%
ROA
-46.0%
-150.7%
-123.8%
ROE
-47.0%
-147.9%
-169.6%
Liquidity & Solvency2
Metric
Trend
2025
2024
2023
Current Ratio
14.7
4.1
6.6
Quick Ratio
14.5
2.6
4.5
Efficiency1
Metric
Trend
2025
2024
2023
Asset Turnover
0.0
0.0
0.2
Per Share5
Metric
Trend
2025
2024
2023
Book Value / Share
$5.61
$2.81
$2.77
Revenue / Share
$0.08
$0.15
$0.71
Cash Flow / Share
$-2.19
$-1.89
$-0.38
Cash / Share
$5.78
$2.22
$2.28
EPS (TTM)
$-2.43
$-5.00
$-5.38
Growth Rates1
Metric
Trend
2025
2024
2023
Revenue YoY
-23.2%
-35.5%
·
Valuation (TTM)10
Metric
Trend
2025
2024
2023
Revenue TTM
$7M
$9M
$14M
Net Income TTM
$-212M
$-293M
$-107M
Market Cap
$2.43B
$685M
$463M
P/E
-8.8
-2.1
-2.0
P/S
350.1
75.7
33.0
P/B
3.8
3.8
3.9
P / Tangible Book
3.8
3.8
3.9
P / Cash Flow
-12.7
-6.2
-61.2
P / FCF
-12.1
-5.8
-55.1
Earnings Yield
-11.3%
-47.1%
-50.3%
Income Statement11
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Revenue
$0
$0
$0
$0
$4M
$3M
$3M
$3M
$2M
$1M
$4M
$4M
$4M
$2M
R&D Expense
$60M
$46M
$51M
$49M
$40M
$37M
$48M
$37M
$29M
$15M
$10M
$4M
$6M
$4M
SG&A Expense
$18M
$13M
$12M
$11M
$10M
$11M
$10M
$10M
$7M
$6M
$8M
$4M
$4M
$3M
Operating Expenses
$78M
$59M
$73M
$60M
$50M
$48M
$86M
$53M
$42M
$133M
$98M
$8M
$10M
$7M
Operating Income
$-78M
$-59M
$-73M
$-60M
$-46M
$-45M
$-83M
$-51M
$-40M
$-132M
$-95M
$-5M
$-6M
$-4M
Net Income
$-73M
$-54M
$-70M
$-57M
$-43M
$-42M
$-80M
$-47M
$-36M
$-129M
$-93M
$-4M
$-6M
$-4M
EPS (Basic)
$-0.65
$-0.48
$-0.76
$-0.65
$-0.50
$-0.52
$-1.11
$-0.78
$-0.60
$-2.51
$-4.21
$-0.36
$-0.46
$-0.35
EPS (Diluted)
$-0.65
$-0.48
$-0.76
$-0.65
$-0.50
$-0.52
$-1.11
$-0.78
$-0.60
$-2.51
$-4.21
$-0.36
$-0.46
$-0.35
Shares (Basic)
113,272,931
113,136,836
·
87,957,868
87,010,742
79,410,354
·
60,205,327
59,936,703
51,544,383
·
12,202,335
12,197,801
12,182,478
Shares (Diluted)
113,272,931
113,136,836
·
87,957,868
87,010,742
79,410,354
·
60,205,327
59,936,703
51,544,383
·
12,202,335
12,197,801
12,182,478
EBITDA
$-78M
$-59M
·
$-60M
$-46M
$-44M
·
$-51M
$-40M
$-132M
·
$-5M
$-6M
$-4M
Balance Sheet19
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Cash & Equivalents
$218M
$583M
$653M
$273M
$144M
$258M
$143M
$156M
$165M
$270M
$99M
$91M
$38M
$44M
Prepaid Expense
$18M
$12M
$7M
$7M
$9M
$6M
$4M
$4M
$6M
$4M
$7M
$773.0K
$1M
$2M
Current Assets
$538M
$594M
$661M
$280M
$277M
$323M
$221M
$244M
$284M
$313M
$145M
$91M
$40M
$47M
PP&E (Net)
$17M
$17M
$15M
$12M
$11M
$11M
$10M
$7M
$6M
$4M
$2M
$1M
$1M
$916.0K
Other Non-current Assets
$5M
$5M
$5M
$5M
$4M
$4M
$4M
$3M
$3M
$568.0K
$100.0K
·
·
·
Total Assets
$565M
$620M
$683M
$299M
$296M
$343M
$240M
$257M
$296M
$320M
$149M
$93M
$41M
$48M
Accounts Payable
$6M
$6M
$3M
$6M
$5M
$9M
$14M
$4M
$7M
$7M
$3M
$3M
$4M
$3M
Current Liabilities
$36M
$27M
$45M
$31M
$23M
$31M
$54M
$40M
$40M
$31M
$22M
$23M
$26M
$25M
Capital Leases
$5M
$4M
$4M
$4M
$4M
$5M
$5M
$2M
$2M
$1M
$1M
·
·
·
Deferred Tax
·
·
$801.0K
·
·
·
$1M
·
·
·
$378.0K
·
·
·
Other Non-current Liabilities
·
·
·
·
·
·
·
·
·
·
·
$122.0K
·
·
Total Liabilities
$40M
$31M
$49M
$35M
$27M
$36M
$59M
$42M
$42M
$34M
$29M
$87M
$32M
$34M
Common Stock
$11.0K
$11.0K
$11.0K
$9.0K
$9.0K
$9.0K
$6.0K
$6.0K
$6.0K
$6.0K
$4.0K
$1.0K
$1.0K
$1.0K
Paid-in Capital
$1.38B
$1.37B
$1.36B
$922M
$870M
$865M
$697M
$650M
$642M
$638M
$343M
$136M
$135M
$134M
Retained Earnings
$-855M
$-782M
$-728M
$-658M
$-601M
$-557M
$-516M
$-436M
$-388M
$-352M
$-223M
$-130M
$-126M
$-120M
AOCI
$-333.0K
·
$0
$0
$-24.0K
$-3.0K
$57.0K
$70.0K
$2.0K
$4.0K
$22.0K
·
·
·
Stockholders' Equity
$525M
$589M
$634M
$264M
$269M
$307M
$181M
$215M
$254M
$286M
$120M
$6M
$9M
$14M
Liabilities + Equity
$565M
$620M
$683M
$299M
$296M
$343M
$240M
$257M
$296M
$320M
$149M
$93M
$41M
$48M
Shares Outstanding
113,399,202
113,171,396
113,133,199
91,706,948
87,012,835
86,955,855
64,460,829
60,422,062
60,013,655
59,694,243
43,251,778
12,202,516
12,200,433
12,194,184
Cash Flow11
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
D&A
$957.0K
$603.0K
$629.0K
$589.0K
$637.0K
$611.0K
$450.0K
$411.0K
$549.0K
$157.0K
$151.0K
$111.0K
$101.0K
$94.0K
Stock-based Comp
$9M
$8M
$8M
$7M
$5M
$6M
$5M
$5M
$3M
$2M
$3M
$1M
$1M
$1M
Other Non-cash
·
$-13M
·
·
·
$-18M
·
·
·
$116M
·
·
·
$27M
Operating Cash Flow
$-62M
$-59M
$-48M
$-41M
$-49M
$-53M
$-42M
$-34M
$-23M
$-11M
$-17M
$-9M
$-6M
$24M
CapEx
$2M
$3M
$4M
$1M
$905.0K
$4M
$1M
$2M
$2M
$2M
$349.0K
$36.0K
$340.0K
$106.0K
Investing Cash Flow
$-304M
$-12M
$-4M
$124M
$-64M
$5M
$10M
$24M
$-82M
$-37M
$-30M
$-36.0K
$-340.0K
$-106.0K
Stock Issued
·
·
$0
·
·
·
$20M
·
·
·
$0
$0
$0
$34.0K
Net Stock Activity
·
·
·
·
·
·
·
·
·
·
·
·
·
$34.0K
Financing Cash Flow
$1M
$-135.0K
$433M
$45M
$-55.0K
$162M
$20M
$305.0K
$694.0K
$219M
$55M
$61M
$0
$34.0K
Net Change in Cash
$-365M
$-71M
$381M
$129M
$-114M
$114M
$-12M
$-10M
$-104M
$171M
$8M
$52M
$-6M
$24M
Free Cash Flow
·
$-62M
·
·
·
$-57M
·
·
·
$-13M
·
·
·
$24M
Profitability5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Operating Margin
·
·
·
·
-1157.6%
-1525.5%
·
-1736.1%
-1692.4%
-12857.1%
·
-130.0%
-135.4%
-189.1%
Net Margin
·
·
·
·
-1080.9%
-1423.1%
·
-1618.6%
-1528.0%
-12584.3%
·
-121.9%
-130.4%
-180.6%
EBITDA Margin
·
·
·
·
-1157.6%
-1504.6%
·
-1736.1%
-1692.4%
-12841.8%
·
-130.0%
-135.4%
-185.2%
ROA
-17.0%
-11.2%
·
-20.7%
-14.6%
-12.6%
·
-26.9%
-21.4%
-70.4%
·
-7.0%
-13.8%
-8.9%
ROE
-18.4%
-12.0%
·
-24.0%
-16.6%
-14.1%
·
-42.6%
-27.5%
-86.5%
·
-29.8%
-28.1%
-16.5%
Liquidity & Solvency2
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Current Ratio
15.1
21.7
·
8.9
12.1
10.5
·
6.2
7.1
10.2
·
4.0
1.5
1.9
Quick Ratio
6.1
21.3
·
8.7
6.3
8.4
·
3.9
4.1
8.8
·
3.9
1.5
1.8
Efficiency1
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Asset Turnover
0.0
0.0
·
0.0
0.0
0.0
·
0.0
0.0
0.0
·
0.1
0.1
0.0
Per Share5
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Book Value / Share
$4.63
$5.20
·
$2.88
$3.09
$3.53
·
$3.56
$4.23
$4.78
·
$0.50
$0.77
$1.14
Revenue / Share
$0.00
$0.00
·
$0.00
$0.05
$0.04
·
$0.05
$0.04
$0.02
·
$0.29
$0.35
$0.19
Cash Flow / Share
·
$-0.52
·
·
·
$-0.67
·
·
·
$-0.22
·
·
·
$1.98
Cash / Share
$1.92
$5.15
·
$2.97
$1.65
$2.96
·
$2.57
$2.75
$4.52
·
$7.43
$3.15
$3.64
EPS (TTM)
$-2.54
$-2.39
·
$-2.78
$-2.91
$-3.01
·
$-8.10
$-7.68
$-7.54
·
$-1.81
$-2.20
$-2.48
Valuation (TTM)9
Metric
Trend
Q2 2026
Q1 2026
Q4 2025
Q3 2025
Q2 2025
Q1 2025
Q4 2024
Q3 2024
Q2 2024
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Revenue TTM
$0
$4M
·
$10M
$13M
$11M
·
$10M
$11M
$13M
·
·
·
·
Net Income TTM
$-254M
$-225M
·
$-223M
$-212M
$-205M
·
$-305M
$-263M
$-232M
·
$-22M
$-26M
$-30M
Market Cap
$2.40B
$2.48B
·
$1.07B
$809M
$585M
·
$883M
$726M
$1.47B
·
$102M
$97M
$61M
P/E
-8.3
-9.2
·
-4.2
-3.2
-2.2
·
-1.8
-1.6
-3.3
·
-4.6
-3.6
-2.0
P/S
·
616.5
·
111.0
64.3
53.5
·
87.2
67.3
116.2
·
·
·
·
P/B
4.6
4.2
·
4.1
3.0
1.9
·
4.1
2.9
5.2
·
16.8
10.3
4.4
P / Tangible Book
4.6
4.2
·
4.1
3.0
1.9
·
4.1
2.9
5.2
·
16.8
10.3
4.4
P / Cash Flow
·
-42.2
·
·
·
-11.0
·
·
·
-131.9
·
·
·
2.5
Earnings Yield
-12.0%
-10.9%
·
-23.7%
-31.3%
-44.7%
·
-55.4%
-63.5%
-30.6%
·
-21.7%
-27.8%
-49.7%
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$7M
$9M
$14M
·
·
Operating Margin %
-3228.8%
-3382.4%
-781.4%
-738020.0%
252040.0%
Net Income
$-212M
$-293M
$-107M
$-37M
$-25M
Diluted EPS
$-2.43
$-5.00
$-5.38
$-3.09
$-2.14
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Current Ratio
14.7
4.1
6.6
3.1
5.8
Quick Ratio
14.5
2.6
4.5
2.8
5.1
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$-201M
$-118M
$-8M
$-29M
$-18M
Institutional owners (13F)
216 filers
· $2.2B total
· As of Sept. 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders216
Value held$2.2B
New positions30
Exited positions27
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
30 (-22 vs prior Q)
27 (-1 vs prior Q)
75 (+1 vs prior Q)
63 (+15 vs prior Q)
+81K
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
Arsenal Bridge Venture II, LLC, Arsenal Bridge Venture II-B, LLC, Arsenal Bridge Advisors, LLC, RBP Catalyst Fund, L.P., Research Bridge Partners, Inc., Isaac Barchas, James Graham
×2 filings
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders
27 insiders
· 14 officers · 14 directors