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AIM ImmunoTech's Q1 2025 results showed a significant reduction in net loss and operating expenses, despite a decline in revenue. The company faces potential delisting from the NYSE American due to non-compliance with stockholders' equity requirements.
Net loss decreased to $3.705 million from $5.817 million year-over-year.
Revenue declined to $16,000 from $40,000 in Q1 2024.
Research and development expenses reduced to $1.08 million from $1.951 million.
General and administrative expenses decreased to $2.545 million from $3.815 million.
AIM ImmunoTech is actively pursuing strategies to regain compliance with NYSE American listing requirements and secure additional funding to support its operations.