Company Analysis

INmune Bio Inc. (INMB)

Nasdaq: INMB · Biological Products, (No Diagnostic Substances) · Boca Raton, FL · filing with the SEC since 2017
Grade5.0
◀ Past 4.8● Present 3.0▶ Future 7.0
1 est.

The grade of INmune Bio Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past4.825% of the headline
● Present3.035% of the headline
▶ Future7.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.8/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
4.1/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2025-05-07.

weight 22% of this tense · 41st percentile among 159 sector filers · read for itself

From the record

INmune Bio Inc.'s filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2019-06-04); an auditor change (8-K item 4.01, the latest 2025-05-07) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.9/10

What has it actually done, year after year?

8 filed years; profitable in 0 of 9.

weight 45% of this tense · 39th percentile among 102 sector filers · read for its customers

From the record

INmune Bio Inc.'s 8 filed years say what it did: it rose in 3 of 5 years; the deepest fall was 96% from fiscal 2022 to fiscal 2024; net income was positive in 0 of 9 of those years (its annual reports).

What it rests on

  • the share of years revenue rosetop 44% of its family
  • the share of filed years with a profitbottom 31% of its family
  • the deepest fall from a revenue peak96.3%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
6.6/10

How has it treated the people who own it?

SI estimate 6.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 66th percentile among 146 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 34% of 146 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 146 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: INmune Bio Inc.'s shareholder treatment is put at 6.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 34% of 146 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
3.8/10

Is it financially healthy right now?

ROE -195%: lost 195¢ per shareholder dollar. Leverage 27%: owes 27¢ per asset dollar.

weight 45% of this tense · 38th percentile among 147 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, INmune Bio Inc. lost about 195 cents for every dollar of shareholders' money. Leverage: it owed about 27 cents per dollar of assets, and net share issuance: its share count grew 24.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 35% of its family
  • return on equitybottom 12% of its family
  • the share count against the year beforebottom 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.5/10

How strong is its position in its industry?

bottom 5% of 102 in its family; net margin -91866%.

weight 22% of this tense · 5th percentile among 102 sector filers · read for its customers

From the record

INmune Bio Inc.'s standing among 102 graded names in its industry family: revenue of $50 thousand in fiscal 2025 ranks in the bottom 5% by size; a net margin of -91866% ranks in the bottom 3%; revenue growth of -48.9% a year over the last 3 filed years ranks in the bottom 9% (its annual reports).

What it rests on

  • revenue against the family$50,000bottom 5% of its family
  • net margin-91866.0%bottom 3% of its family
  • three-year revenue growth-48.9%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.5/10

What are the people in charge doing?

bottom 36% of 110 in its family for leadership; chief executive since 2025.

weight 33% of this tense · 36th percentile among 110 sector filers · read for its shareholders

From the record

INmune Bio Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Moss, David J (Chief Executive Officer, as filed), filing under that title since 2025-11-18, 12 months (bottom 14% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 7.8 years (top 15%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge10 in three years among 9 peoplebottom 8% of its family
  • the median years the people in charge have filed7.8 yearstop 15% of its family
  • the chief executive's years on the record1.0 yearsbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.0/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.1/10

How much room does it have to grow?

top 39% of 92 in its family for room to expand.

weight 33% of this tense · 61st percentile among 92 sector filers · read for itself

From the record

INmune Bio Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $25 million against no long-term debt tagged leaves 76.5% of its assets as net cash, top 17% of its family; cash from operations less capital spending is -47248% of revenue (bottom 3%); research spending of 41318% of revenue (top 2%) (its annual report).

What it rests on

  • cash less debt against assets76.5%top 17% of its family
  • cash from operations less capital spending against revenue-47248.0%bottom 3% of its family
  • research spending against revenue41318.0%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.5/10

What could actually drive growth from here?

top 25% of 100 in its family for growth drivers.

weight 45% of this tense · 75th percentile among 100 sector filers · read for its customers

From the record

INmune Bio Inc.'s growth drivers, from the filed years to fiscal 2025: the newest year grew 257.5% (top 10%); research spending grew 6.6% a year (top 40%) (its annual reports). INmune Bio Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • the newest year's revenue growth257.5%top 10% of its family
  • three-year growth of research spending6.6%top 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.2/10

Did its newest year beat what its own record pointed to?

top 28% of 72 in its family for expectations against reality.

weight 22% of this tense · 72nd percentile among 72 sector filers · read for its shareholders

From the record

INmune Bio Inc.'s newest year against its own record: revenue of $50 thousand in fiscal 2025 came in 1743.9% above the $3 thousand its prior three years' pace pointed to (top 2% of its family); net income of $46 million against a prior three-year average of $33 million (bottom 20%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 3%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace1743.9%top 2% of its family
  • net income against the prior three years' average-39%bottom 20% of its family
  • net margin against its prior averageup more than 100 pointstop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton INMB · research, not advice