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InMed Pharmaceuticals (INM) investor relations material
InMed Pharmaceuticals Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary6 Nov, 2025
Executive summary
Advanced proprietary small molecule drug candidates targeting CB1 and CB2 receptors, with a pipeline addressing Alzheimer's (INM-901), dry AMD (INM-089), and Epidermolysis Bullosa, and presented new preclinical data for INM-901 at AAIC 2025.
Commercial operations through BayMedica specialize in bulk rare cannabinoids for the health and wellness sector.
Strengthened board with the appointment of two new directors with significant industry experience in October 2025.
Ended the quarter with $9.3 million in cash.
Financial highlights
Revenue for the quarter was $1.12 million, down 11% year-over-year due to lower product pricing amid increased competition.
Net loss for the quarter was $1.73 million, similar to the prior year.
Gross profit was $0.40 million, with a gross margin of 36%.
Cash, cash equivalents, and short-term investments totaled $9.3 million as of September 30, 2025.
Accumulated deficit reached $119 million.
Outlook and guidance
Cash reserves are projected to fund operations and milestones into Q4 2026, contingent on BayMedica revenue and expense levels.
Substantial doubt exists about the ability to continue as a going concern beyond one year without additional capital.
Plans to seek further funding through equity, debt, or strategic transactions.
Research and development expenses expected to increase as INM-901 advances toward IND-enabling studies.
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Next InMed Pharmaceuticals earnings date
Q2 20265 Feb, 2026
Next InMed Pharmaceuticals earnings date
Q2 20265 Feb, 2026
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Frequently asked questions
InMed Pharmaceuticals Inc is a Canadian biotechnology company specializing in the research and development of rare cannabinoids. The company focuses on creating pharmaceutical and consumer health products derived from cannabinoid compounds using biosynthesis and chemical synthesis technologies. Its operations span proprietary drug development and manufacturing services. InMed Pharmaceuticals Inc is headquartered in Vancouver, Canada, and its shares are listed on the NASDAQ.
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