Imunon (IMNN) AI Stock Analysis

• Market Cap: $6.87M
• Dividend Yield: N/A
• Average Volume (3M): 288.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: N/A
• EPS Growth: 24.16%
• Country: US
• Employees: 25
• Sector: Healthcare
• Sector Strength: 44
• Industry: Biotechnology
• EPS (TTM): -0.28
• Shares Outstanding: 14,620,732
• 10 Day Avg. Volume: 709,708
• 30 Day Avg. Volume: 288,099
• PEG Ratio: -0.05
• Price to Book (P/B): <0.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.62
• Enterprise Value/Market Cap: 166.61
• Enterprise Value/Revenue: 52.34
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: -15.05
• 1Y Price Target: $14.00
• Price Target Upside: 3400.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 41 Neutral
• Price Target: ―

Imunon's financial instability, characterized by negative revenue and cash flow metrics, significantly impacts its overall stock score. Technical indicators suggest caution, with bearish trends and lack of momentum. Though the recent earnings call highlights promising clinical progress, concerns about cash runway and funding remain. Valuation metrics further reflect the stock's risky profile, with a negative P/E ratio and no dividend yield.

Positive Factors

Clinical Trial Progress

The first trial site in the company's pivotal Phase 3 OVATION 3 study has been activated, with additional sites expected to follow, indicating robust study progress.

FDA Alignment

Imunon has full FDA alignment for its OVATION 3 trial, which is a positive development for advancing their study and potentially accelerating the approval process.

Regulatory Approval

IMNN-001 has orphan status in the US and EU, providing regulatory benefits and market exclusivity, potentially expediting approval processes.

Vaccine Development

The IMNN-101 DNA plasmid vaccine shows durable immune responses with heightened responses in higher dose cohorts, demonstrating promise as a seasonal COVID-19 vaccine.

Negative Factors

Funding Challenges

The company is in active discussions with potential partners to secure essential capital for the Phase 3 OVATION 3 study, highlighting ongoing financial challenges.

Operational Risks

The company's focus on tying all loose ends for the Phase 3 trial initiation highlights potential operational risks in meeting trial timelines.

Imunon Business Overview & Revenue Model

Company Description

Imunon, Inc. (IMNN) is a biotechnology company focused on the development and commercialization of innovative therapies that leverage its proprietary platform technologies. The company's primary areas of focus include oncology and infectious diseases, with a core emphasis on developing advanced DNA-based immunotherapies and vaccine solutions. Imunon aims to address unmet medical needs by providing effective and safe treatment options for patients worldwide.

How the Company Makes Money

Imunon generates revenue primarily through the development and commercialization of its proprietary therapeutic and vaccine solutions. The company may engage in licensing agreements, where it partners with other pharmaceutical or biotechnology firms to co-develop or distribute its products, thereby earning licensing fees and royalties. Additionally, Imunon may receive funding from government grants or research collaborations, which contribute to its research and development efforts. By advancing its pipeline of candidates through clinical trials and achieving regulatory approvals, Imunon positions itself to earn revenue from product sales, either directly or through strategic partnerships.

Imunon Financial Statement Overview

Summary

Imunon faces significant financial challenges, as indicated by consistently negative revenue, profitability, and cash flow metrics. High leverage and negative returns further exacerbate financial instability. The company needs strategic financial restructuring and improved operational performance to enhance its financial health and investor confidence.

Income Statement

Imunon has consistently reported zero or negative revenue over the past years. Gross profit margins are nonexistent, with significant net losses indicating severe profitability issues. EBIT and EBITDA margins are deeply negative, showing a lack of operational efficiency. There is no evidence of revenue growth, suggesting challenges in achieving market penetration or product commercialization.

Balance Sheet

The company exhibits a relatively high debt-to-equity ratio, indicating reliance on debt financing. Return on Equity (ROE) is negative, reflecting ongoing net losses. The equity ratio shows some equity presence but is overshadowed by continuous financial strain. The balance sheet stability is questionable due to high leverage and negative equity returns.

Cash Flow

Operating cash flow is consistently negative, reflecting poor cash generation from operations. Free cash flow is also negative, indicating insufficient cash to cover capital expenditures. Despite some positive financing and investing cash flow activities, the company's overall cash flow position is weak, raising concerns about liquidity and future operational funding.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	500.00K	500.00K	500.00K
	Gross Profit
0.00	-720.00K	-231.63K	-202.92K	-10.84M
	EBIT
-19.13B	-21.03M	-24.92M	-21.01M	-18.49M
	EBITDA
-17.90M	-19.88M	-31.71M	-20.88M	-21.30M
	Net Income Common Stockholders
-18.62B	-19.51M	-35.90M	-20.77M	-21.48M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.87M	15.70M	32.88M	49.50M	17.16M
	Total Assets
9.72M	21.92M	43.98M	74.05M	37.53M
	Total Debt
1.14B	1.62M	6.27M	6.63M	6.19M
	Net Debt
1.14B	-4.21M	-5.23M	-12.95M	-10.97M
	Total Liabilities
5.47M	8.53M	14.65M	18.25M	18.92M
	Stockholders Equity
4.24B	13.39M	29.33M	55.80M	18.61M
Cash Flow		Free Cash Flow
-18.88M	-19.47M	-23.40M	-16.54M	-15.64M
	Operating Cash Flow
-18.85M	-19.02M	-23.13M	-16.22M	-15.62M
	Investing Cash Flow
9.83M	11.01M	8.32M	-30.12M	7.92M
	Financing Cash Flow
9.06M	-3.64M	6.72M	54.77M	17.98M

Imunon Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IMNN, the sentiment is Negative. The current price of 0.4 is below the 20-day moving average (MA) of 0.74, below the 50-day MA of 0.86, and below the 200-day MA of 0.93, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 15.52 is Positive, neither overbought nor oversold. The STOCH value of 1.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IMNN.

Imunon Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	53 Neutral	$5.24B	3.07	-43.58%	2.80%	16.87%	-0.11%
BRTX	48 Neutral	$11.74M	―	-117.16%	―	175.03%	55.34%
PHIO	42 Neutral	$8.78M	―	-76.12%	―	―	81.71%
IMNN	41 Neutral	$6.87M	―	-397.54%	―	―	24.16%
MEIP	41 Neutral	$13.86M	―	-89.73%	―	-100.00%	-292.59%
COCP	40 Underperform	$15.41M	―	-106.05%	―	―	9.46%
INAB	34 Underperform	$11.35M	―	-174.66%	―	―	38.53%

Imunon Corporate Events

Imunon Appoints Dr. Douglas Faller as CMO

On February 18, 2025, IMUNON appointed Dr. Douglas Faller as Chief Medical Officer to lead the company’s clinical strategy, including advancing its lead program IMNN-001 into a Phase 3 trial for advanced ovarian cancer. Dr. Faller brings over 30 years of experience in oncology and immunology, and his appointment is expected to bolster IMUNON’s efforts in progressing its pipeline of non-viral DNA-based immunotherapies, leveraging his expertise to drive clinical programs and potential commercialization.