Apollomics management commentary attributes narrower first-half 2026 net loss to lower administrative and R&D expenses

• Apollomics management commentary reported a 30% narrower net loss of USD 8.77 million for the six months ended June 30, 2026.
• Administrative expenses fell 69% to USD 4.47 million, primarily reflecting lower third-party service fees and share-based compensation.
• Research and development expenses declined 57% to USD 1.97 million, driven by project realignment and reduced headcount.
• Revenue fell from USD 8.5 million a year earlier; LaunXP's payment default prompted a USD 2.3 million expected credit loss.
• Management identified substantial going-concern doubt, citing USD 1 million in cash against USD 9.6 million in net current liabilities.

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