InflaRx management commentary cites lower R&D spending as driver of narrower nine-month loss through September 2026

• InflaRx management commentary reported a EUR 18.68 million nine-month net loss through September 30, 2026, versus EUR 34.99 million a year earlier.
• Research and development expenses fell to EUR 11.94 million, reflecting lower external-service costs, reduced share-based compensation and prior-year program wind-down provisions.
• Sales and marketing expenses declined by EUR 3.37 million, primarily reflecting the discontinuation of active GOHIBIC sales activities in December 2025.
• Operating cash outflows narrowed to EUR 14 million from EUR 30.61 million a year earlier.
• Available funds totaled EUR 153.3 million, bolstered by EUR 119.3 million in net proceeds from the May 2026 ordinary-share offering.

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