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Aethlon Medical (AEMD) investor relations material
Aethlon Medical Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Advanced the Hemopurifier oncology clinical program in Australia, completing the first cohort with no device-related serious adverse events or dose-limiting toxicities; protocol amended to broaden eligibility and DSMB recommended advancing to the second cohort.
Discontinued the planned India trial to focus resources on the Australian study, conserving $500,000 to $1,000,000 and avoiding regulatory delays.
Preclinical research demonstrated over 98% removal of platelet-derived extracellular vesicles, supporting potential new indications and collaborations for Long COVID research; findings presented at major scientific conferences.
Hemopurifier holds FDA Breakthrough Device Designation for advanced cancer and life-threatening viral infections.
Operating expenses reduced by 31.6% year-over-year, enhancing operational efficiency.
Financial highlights
Cash and cash equivalents as of June 30, 2025, were approximately $3.8 million, down from $5.5 million at March 31, 2025.
Operating expenses for the quarter were $1.8 million, down 31.6% year-over-year from $2.6 million.
Net loss for the quarter was $1.76 million, compared to $2.57 million in the prior-year quarter; basic and diluted net loss per share was $0.85, compared to $2.76.
No revenue was recognized during the quarter; the company remains in a development stage.
Cost reductions driven by lower payroll, legal, and consulting expenses.
Outlook and guidance
Anticipate completion of Australian oncology trial treatments by late 2025 or early 2026, with data analysis and potential application for PMA or efficacy trial to follow.
Early data from the first patient cohort expected in September 2025.
Actively recruiting additional sites and using new initiatives to accelerate patient enrollment in Australia.
Existing cash is not expected to fund operations for twelve months from the financial statement issuance date, raising substantial doubt about going concern.
Clinical trial expenses for the Australian oncology trial and rent payments are expected to increase for the foreseeable future.
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