iMDx Q2 net loss widens to $11.3 million; FDA issues request for more information
Insight Molecular Diagnostics reported second-quarter 2026 revenue of $239,000, down from $518,000 a year earlier, and a net loss of $11.3 million, or $0.31 per share, versus $9.7 million, or $0.30 per share, in the prior-year quarter. The company also disclosed that the FDA issued an Additional Information Request on its GraftAssureDx submission, which requires a complete response within 180 days; management calls the request routine.
Key points
- Q2 2026 revenue was $239,000 versus $518,000 in Q2 2025; gross profit was $157,000.
- Q2 2026 net loss was $11.3 million ($0.31 per share) versus $9.7 million ($0.30 per share) in Q2 2025; non-GAAP net loss was $8.3 million ($0.23 per share).
- The FDA issued an Additional Information Request on GraftAssureDx, with a complete response due within 180 days; the company expects one more FDA meeting before the fourth quarter of 2026.
- Cash, cash equivalents and restricted cash was $18.7 million at June 30, 2026; Q2 free cash outflow was approximately $10 million.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.