NASDAQ$IMNN
Celsion Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported financial results for the year ended December 31, 2022 and provided an update on its clinical development programs.
IMUNON reported a net loss for 2022 of $35.9 million, or $5.03 per share. The company ended the year with $38.9 million in cash, investments, accrued interest receivable and restricted cash, sufficient to fund operations into 2025.
- Made significant progress during 2022 in advancing clinical programs in immuno-oncology with IMNN-001.
- Completed evaluation of PLACCINE vaccines in non-human primates, demonstrating excellent immunological response and viral clearance.
- Decision to raise capital earlier in the year strengthened balance sheet and extended operating runway into 2025.
- Expect to report several value-creating developments during this period.
Headline financials
Revenue & EPS history
Celsion · Revenue · Quarterly
$125K
Forward guidance
IMUNON anticipates filing an Investigational New Drug (IND) application with the U.S. Food and Drug Administration (FDA) for seasonal COVID-19 booster vaccine and also will select next pathogen target for PLACCINE modality.
Tailwinds
- File an Investigational New Drug (IND) application with the U.S. Food and Drug Administration (FDA) for seasonal COVID-19 booster vaccine.
- Apply for a pre-IND consultation with the FDA to receive guidance on proposed program prior to submitting the IND.
- Select next pathogen target for PLACCINE modality.
- Establish the safety and efficacy of platform in a Phase 1 human study
- Seek to out-license this powerful technology to pharmaceutical companies
Headwinds
- Unforeseen changes in the course of research and development activities and in clinical trials
- Uncertainties of and difficulties in analyzing interim clinical data
- Significant expense, time and risk of failure of conducting clinical trials
- Need for IMUNON to evaluate its future development plans
- Possible actions by customers, suppliers, competitors or regulatory authorities
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2022
+0.2%
Avg return
Earnings day
-2.1%
Avg return
5 days after
+3.5%
Avg return
30 days after
32%
12 / 38 earnings
Positive
+28.7%
Q3 2019
Best reaction
-12.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -1.1% | -8.8% | — | |
| Q2 2025 | -4.8% | -10.3% | -28.5% | |
| Q1 2025 | +2.5% | -40.0% | +107.5% | |
| Q4 2024 | +1.2% | +6.3% | +36.2% | |
| Q3 2024 | -12.8% | -17.0% | -10.6% | |
| Q2 2024 | -0.9% | +4.6% | +1.8% | |
| Q1 2024 | +7.2% | +1.4% | -11.6% | |
| Q4 2023 | +17.1% | +25.0% | +2.9% | |
| Q3 2023 | -4.0% | -3.0% | -9.1% | |
| Q2 2023 | -3.2% | -5.6% | -10.4% | |
| Q1 2023 | -5.2% | -6.7% | +3.7% | |
| Q4 2022 | -2.3% | -6.2% | +0.8% | |
| Q3 2022 | -3.9% | -4.6% | -11.1% | |
| Q2 2022 | -1.6% | -11.6% | -19.8% | |
| Q1 2022 | +0.4% | -7.5% | -23.5% | |
| Q4 2021 | -4.5% | +17.4% | -45.3% | |
| Q3 2021 | +1.2% | -10.7% | -22.6% | |
| Q2 2021 | -1.9% | -8.4% | +0.0% | |
| Q1 2021 | +4.0% | +12.1% | +54.5% | |
| Q4 2020 | -1.3% | -22.9% | -53.3% | |
| Q3 2020 | -1.9% | -3.7% | +24.1% | |
| Q2 2020 | +0.0% | -1.8% | -28.4% | |
| Q1 2020 | -1.5% | +26.5% | +125.0% | |
| Q4 2019 | +9.0% | -3.4% | +31.5% | |
| Q3 2019 | +28.7% | +34.3% | +50.0% | |
| Q2 2019 | +0.0% | +7.1% | +3.0% | |
| Q1 2019 | +6.1% | -4.2% | -15.4% | |
| Q4 2018 | -2.5% | +19.9% | +6.5% | |
| Q3 2018 | -4.2% | -12.6% | -8.8% | |
| Q2 2018 | -9.4% | -8.7% | +2.2% | |
| Q1 2018 | -1.6% | +1.2% | +0.0% | |
| Q4 2017 | -4.3% | -11.5% | -12.6% | |
| Q3 2017 | -5.2% | -5.7% | +32.1% | |
| Q2 2017 | -1.4% | -9.5% | -5.4% | |
| Q1 2017 | +0.0% | -8.3% | -14.0% | |
| Q4 2016 | +3.4% | -3.4% | +3.4% | |
| Q3 2016 | +0.0% | -10.9% | -27.2% | |
| Q2 2016 | +4.2% | +10.0% | +3.3% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q2 2012 | — | — | — |
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