For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues, net-Product | - | - | 0 | - |
| Total revenues, net | - | 59* | 0 | - |
| Cost of product sales | - | 0* | 0 | 0 |
| Research and development | 14,047 | 8,540* | 13,621 | 14,074 |
| Acquired in-process research and development | - | 0* | 0 | 0 |
| General and administrative | 6,854 | 6,672* | 5,577 | 5,242 |
| Excess of initial warrant fair value over private placement proceeds | - | 0* | 0 | 0 |
| Total operating expenses | 20,901 | 15,211* | 19,198 | 19,316 |
| Change in fair value of warrant liability | - | 0* | 0 | 0 |
| Loss from operations | -20,901 | -15,152* | -19,198 | -19,316 |
| Private placement transaction costs | - | 0* | 0 | 0 |
| Other expense, net | - | - | -3 | -5 |
| Change in fair value of derivative liability | 480 | 13,083* | 12,530 | 2,530 |
| Interest income, net | 803 | 1,023* | 1,117 | 1,102 |
| Total other income, net | 1,283 | 14,105* | -11,416 | -1,433 |
| Loss before taxes | -19,618 | -1,048* | -30,614 | -20,749 |
| Income tax expense | 12 | 125* | 11 | 16 |
| Net loss | -19,630 | -1,173* | -30,625 | -20,765 |
| Unrealized loss on investments, net | -74 | 7* | 75 | -34 |
| Comprehensive loss | -19,704 | -1,167 | -30,550 | -20,799 |
| Basic EPS | -0.98 | -0.076 | -2.19 | -1.92 |
| Diluted EPS | -0.98 | -0.076 | -2.19 | -1.92 |
| Basic Average Shares | 20,106,925 | 15,384,279 | 14,000,451 | 10,829,760 |
| Diluted Average Shares | 20,106,925 | 15,384,279 | 14,000,451 | 10,829,760 |
Avalo Therapeutics, Inc. (AVTX)
Avalo Therapeutics, Inc. (AVTX)