BackSummary
Eledon's Q1 2026 net loss widened to $39.0M, driven by a non-cash increase in warrant liability fair value due to stock price appreciation.
Key takeaways
- Operating Income was -$21.2M (-17.9%)
- Net Income was -$39.0M (-500.8%)
- Eps was $-0.33 (-312.5%)
Full analysis
Non-Cash Warrant Revaluation Drove the Headline Loss
Operating Loss Reflects Strategic Manufacturing Investment
Cash Burn Accelerates on Working Capital Timing
Liquidity Position and Outlook