IFRX on Nasdaq
InflaRx N.V.
InflaRx N.V. is a pharmaceutical preparations company, listed on Nasdaq (IFRX).1
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Last updated Oct 20, 2026.
Overview
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- TickerIFRX on Nasdaq1
- IndustryPharmaceutical Preparations1
- HeadquartersP71
- Incorporated inNetherlands3
- Business addressWinzerlaer Str. 2, Jena, 2M 077453
- Filer categoryNon-accelerated filer3
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Ann Arbor, Michigan 48103. Our principal executive offices and laboratories are located in Winzerlaer Str. 2, 07745 Jena, Germany, telephone:4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue100¢7.3M EUR
- Interest0¢2.7K EUR
- Income tax0¢12.3K EUR
Out of 29.3K EUR in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | 29.3K EUR | 165.8K EUR | 63.1K EUR |
| Cost of sales | -7.3M EUR | -3.3M EUR | -532.3K EUR |
| Gross profit | -7.2M EUR | -3.2M EUR | -469.2K EUR |
| Marketing and sales expenses | -4.5M EUR | -6.8M EUR | -4.0M EUR |
| Research and development expenses | -25.7M EUR | -35.4M EUR | -41.0M EUR |
| General and administrative expenses | -13.5M EUR | -13.0M EUR | -12.6M EUR |
| Other income | 2.7M EUR | 5.3M EUR | 13.2M EUR |
| Other expenses | -14.6K EUR | -297 EUR | -4.4K EUR |
| Operating result | -48.3M EUR | -53.0M EUR | -44.9M EUR |
| Finance income | 1.8M EUR | 3.2M EUR | 3.8M EUR |
| Finance expenses | -39.2K EUR | -20.7K EUR | -35.6K EUR |
| Foreign exchange result | -4.9M EUR | 3.7M EUR | -1.8M EUR |
| Other financial result | 5.7M EUR | 103.3K EUR | 313.2K EUR |
| Income taxes | -12.3K EUR | -5.2K EUR | |
| Loss for the period | -45.6M EUR | -46.1M EUR | -42.7M EUR |
| Exchange differences on translation of foreign currency | -269.1K EUR | 58.3K EUR | 125.1K EUR |
| TOTAL COMPREHENSIVE LOSS | -45.9M EUR | -46.0M EUR | -42.5M EUR |
| Weighted average number of shares outstanding (in Shares) | 67.3M shares | 58.9M shares | 54.9M shares |
| Loss per share (basic) (in Euro per share) | -0.68 EUR | -0.78 EUR | -0.78 EUR |
| Loss per share (diluted) (in Euro per share) | -0.68 EUR | -0.78 EUR | -0.78 EUR |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Property and equipment | 289.3K EUR | 256.3K EUR | ||
| Right-of-use assets | 861.7K EUR | 758.4K EUR | ||
| Intangible assets | 42.3K EUR | 50.8K EUR | ||
| Other assets | 151.2K EUR | 204.2K EUR | ||
| Financial assets | 237.4K EUR | 3.1M EUR | ||
| Total non-current assets | 1.6M EUR | 4.4M EUR | ||
| Inventories | 6.9M EUR | |||
| Current other assets | 3.3M EUR | 5.1M EUR | ||
| Other assets from government grants and research allowance | 2.5M EUR | 5.1M EUR | ||
| Tax receivable | 1.4M EUR | 1.7M EUR | ||
| Financial assets | 30.4M EUR | 34.5M EUR | ||
| Cash and cash equivalents | 16.0M EUR | 18.4M EUR | 12.8M EUR | 16.3M EUR |
| Total current assets | 53.6M EUR | 71.7M EUR | ||
| TOTAL ASSETS | 55.2M EUR | 76.0M EUR | ||
| Issued capital | 8.7M EUR | 7.1M EUR | ||
| Share premium | 355.0M EUR | 334.9M EUR | ||
| Other capital reserves | 48.6M EUR | 44.1M EUR | ||
| Accumulated deficit | -377.8M EUR | -332.2M EUR | ||
| Other components of equity | 7.2M EUR | 7.4M EUR | ||
| Total equity | 41.6M EUR | 61.4M EUR | 102.6M EUR | 88.3M EUR |
| Lease liabilities | 641.0K EUR | 399.1K EUR | ||
| Other liabilities | 36.9K EUR | 36.9K EUR | ||
| Total non-current liabilities | 677.9K EUR | 435.9K EUR | ||
| Trade and other payables | 5.4M EUR | 11.4M EUR | ||
| Lease liabilities | 256.9K EUR | 406.0K EUR | ||
| Employee benefits | 1.2M EUR | 2.1M EUR | ||
| Liabilities to warrant holders | 5.8M EUR | |||
| Other liabilities | 359.0K EUR | 301.5K EUR | ||
| Total current liabilities | 13.0M EUR | 14.2M EUR | ||
| Total liabilities | 13.7M EUR | 14.6M EUR | ||
| TOTAL EQUITY AND LIABILITIES | 55.2M EUR | 76.0M EUR |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Property and equipment | 289.3K EUR | 256.3K EUR | ||
| Right-of-use assets | 861.7K EUR | 758.4K EUR | ||
| Intangible assets | 42.3K EUR | 50.8K EUR | ||
| Other assets | 151.2K EUR | 204.2K EUR | ||
| Financial assets | 237.4K EUR | 3.1M EUR | ||
| Total non-current assets | 1.6M EUR | 4.4M EUR | ||
| Inventories | 6.9M EUR | |||
| Current other assets | 3.3M EUR | 5.1M EUR | ||
| Other assets from government grants and research allowance | 2.5M EUR | 5.1M EUR | ||
| Tax receivable | 1.4M EUR | 1.7M EUR | ||
| Financial assets | 30.4M EUR | 34.5M EUR | ||
| Cash and cash equivalents | 16.0M EUR | 18.4M EUR | 12.8M EUR | 16.3M EUR |
| Total current assets | 53.6M EUR | 71.7M EUR | ||
| TOTAL ASSETS | 55.2M EUR | 76.0M EUR | ||
| Issued capital | 8.7M EUR | 7.1M EUR | ||
| Share premium | 355.0M EUR | 334.9M EUR | ||
| Other capital reserves | 48.6M EUR | 44.1M EUR | ||
| Accumulated deficit | -377.8M EUR | -332.2M EUR | ||
| Other components of equity | 7.2M EUR | 7.4M EUR | ||
| Total equity | 41.6M EUR | 61.4M EUR | 102.6M EUR | 88.3M EUR |
| Lease liabilities | 641.0K EUR | 399.1K EUR | ||
| Other liabilities | 36.9K EUR | 36.9K EUR | ||
| Total non-current liabilities | 677.9K EUR | 435.9K EUR | ||
| Trade and other payables | 5.4M EUR | 11.4M EUR | ||
| Lease liabilities | 256.9K EUR | 406.0K EUR | ||
| Employee benefits | 1.2M EUR | 2.1M EUR | ||
| Liabilities to warrant holders | 5.8M EUR | |||
| Other liabilities | 359.0K EUR | 301.5K EUR | ||
| Total current liabilities | 13.0M EUR | 14.2M EUR | ||
| Total liabilities | 13.7M EUR | 14.6M EUR | ||
| TOTAL EQUITY AND LIABILITIES | 55.2M EUR | 76.0M EUR |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loss for the period | -45.6M EUR | -46.1M EUR | -42.7M EUR |
| Depreciation & amortization of property and equipment, right-of-use assets and intangible assets | 419.5K EUR | 485.1K EUR | 567.8K EUR |
| Net finance income | -2.6M EUR | -6.9M EUR | -2.2M EUR |
| Share-based payment expense | 4.4M EUR | 4.1M EUR | 3.4M EUR |
| Net foreign exchange differences | 1.5M EUR | -37.1K EUR | 413.0K EUR |
| Other assets from government grants and research allowances | 2.6M EUR | -5.1M EUR | 733.0K EUR |
| Other assets and trade receivables | 2.2M EUR | 1.0M EUR | 7.8M EUR |
| Employee benefits | -900.4K EUR | 454.9K EUR | 297.5K EUR |
| Other liabilities | 57.4K EUR | -2.6M EUR | 2.7M EUR |
| Liabilities from government grants received | -6.2M EUR | ||
| Trade and other payables | -6.0M EUR | -580.1K EUR | 7.0M EUR |
| Inventories | 6.9M EUR | 4.5M EUR | -11.4M EUR |
| Interest received | 1.7M EUR | 2.2M EUR | 1.7M EUR |
| Interest paid | -34.5K EUR | -21.1K EUR | -36.0K EUR |
| Net cash used in operating activities | -35.3M EUR | -48.6M EUR | -37.8M EUR |
| Purchase of intangible assets and property and equipment | -115.7K EUR | -46.9K EUR | -81.1K EUR |
| Purchase of current and non-current financial assets | -46.1M EUR | -35.3M EUR | -104.1M EUR |
| Proceeds from sale of current financial assets | 49.4M EUR | 87.8M EUR | 86.4M EUR |
| Net cash from/ (used in) investing activities | 3.2M EUR | 52.4M EUR | -17.7M EUR |
| Proceeds from issuance of ordinary shares | 22.9M EUR | 1.1M EUR | 56.5M EUR |
| Proceeds from pre-funded warrants | 12.9M EUR | ||
| Transaction costs from issuance of ordinary shares and pre-funded warrants | -2.1M EUR | -323.7K EUR | -3.4M EUR |
| Proceeds from exercise of share options | 236.9K EUR | ||
| Repayment of lease liabilities | -357.6K EUR | -388.1K EUR | -374.0K EUR |
| Net cash from financing activities | 33.3M EUR | 386.4K EUR | 53.0M EUR |
| Net in-/decrease in cash and cash equivalents | 1.2M EUR | 4.2M EUR | -2.5M EUR |
| Effect of exchange rate changes on cash and cash equivalents | -3.6M EUR | 1.4M EUR | -974.1K EUR |
No quarter-by-quarter statement was filed.
Corporate structure
InflaRx N.V. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of InflaRx N.V.
- Commodore Capital LP Filed SCHEDULE 13G on InflaRx N.V., latest Aug 17, 2026
- FARALLON CAPITAL MANAGEMENT, L.L.C. Filed SCHEDULE 13G/A on InflaRx N.V., latest Aug 14, 2026
- MONTANOVA CAPITAL, LLC Filed SCHEDULE 13G/A on InflaRx N.V., latest Aug 14, 2026 (4 filings since Feb 13, 2023)
- Sirenia Capital Management LP Filed SCHEDULE 13G on InflaRx N.V., latest Aug 14, 2026
- FMR LLC Filed SCHEDULE 13G on InflaRx N.V., latest Aug 6, 2026
- Farallon Capital Partners, L.P. Filed SCHEDULE 13G on InflaRx N.V., latest May 14, 2026
- TCG Crossover GP III, LLC Filed SCHEDULE 13G on InflaRx N.V., latest May 12, 2026
- TANG CAPITAL PARTNERS LP Filed SC 13G/A on InflaRx N.V., latest Feb 14, 2024 (2 filings since Apr 17, 2023)
- GREAT POINT PARTNERS LLC Filed SC 13G/A on InflaRx N.V., latest Feb 14, 2022
- InflaRx N.V. P7
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What InflaRx N.V. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | 289.3K EUR2 Dec 31, 2025 | 256.3K EUR2 Dec 31, 2024 | +12.9% |
| Operating-lease assets (leased space) | 861.7K EUR2 Dec 31, 2025 | 758.4K EUR2 Dec 31, 2024 | +13.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 16.0M EUR2 Dec 31, 2025 | 18.4M EUR2 Dec 31, 2024 | −12.8% |
Inventory
Leadership
Who has led InflaRx N.V., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerNiels Riedemann Mar 18, 2026 to now12
- Chief financial officerThomas Taapken Mar 18, 2026 to now13
Board members and other officers (9)
- OfficerDerval Ocarroll Mar 18, 2026 to now14
- Chief Scientific OfficerRenfeng Guo Mar 18, 2026 to now15
- Board memberAnthony S. Gibney Mar 18, 2026 to now16
- Board memberHege Hellstrom Mar 18, 2026 to now17
- Board memberMark Kubler Mar 18, 2026 to now18
- Board memberNicolas Fulpius Mar 18, 2026 to now19
- Board memberNiels Riedemann Mar 18, 2026 to now12
- Board memberRenfeng Guo Mar 18, 2026 to now15
- Board memberRichard Brudnick Mar 18, 2026 to now20
Former names
- Fireman B.V.Jun 23, 2017 to Nov 8, 20173
Timeline
- Mar 18, 2026New chief executive Niels Riedemann becomes CEO12
Calendar
Coming up
- Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.16) a share, on Nov 10, 2025.21
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
128 filings to the SEC since October 2021: 5 annual reports, 9 insider forms, 13 large holders, 101 other. The latest 20:
- Aug 17, 2026SCHEDULE 13G EDGAR
- Aug 14, 2026424B5 425B5 EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 12, 2026EFFECT EDGAR
- Aug 6, 2026F-3 EDGAR
- Aug 6, 2026S-8 EDGAR
- Aug 6, 20266-K EDGAR
- Aug 6, 2026SCHEDULE 13G EDGAR
- Jun 30, 20266-K EDGAR
- May 14, 2026SCHEDULE 13G EDGAR
- May 12, 2026SCHEDULE 13G EDGAR
- May 7, 20266-K EDGAR
- May 7, 2026424B5 EDGAR
- May 6, 2026424B5 EDGAR
- May 6, 20266-K EDGAR
- May 6, 20266-K EDGAR
- May 4, 20266-K EDGAR
- Apr 28, 20266-K EDGAR
The 128 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Commodore Capital LPSCHEDULE 13G, 1 filing Aug 17, 202622
- FARALLON CAPITAL MANAGEMENT, L.L.C.SCHEDULE 13G/A, 1 filing Aug 14, 202623
- MONTANOVA CAPITAL, LLCSCHEDULE 13G/A, 4 filings Feb 13, 2023 to Aug 14, 202624
- Sirenia Capital Management LPSCHEDULE 13G, 1 filing Aug 14, 202625
- FMR LLCSCHEDULE 13G, 1 filing Aug 6, 202626
- Farallon Capital Partners, L.P.SCHEDULE 13G, 1 filing May 14, 202627
- TCG Crossover GP III, LLCSCHEDULE 13G, 1 filing May 12, 202628
- TANG CAPITAL PARTNERS LPSC 13G/A, 2 filings Apr 17, 2023 to Feb 14, 202429
- GREAT POINT PARTNERS LLCSC 13G/A, 1 filing Feb 14, 202230
SEC filer profile
How InflaRx N.V. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInflaRx N.V.1
- CIK0001708688
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
- Incorporated inNetherlands4
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business addressWinzerlaer Str. 2, Jena, 2M 077451
- Phone49 3641 5081801
- Shares outstanding72,292,859 shares as of Dec 31, 20254
- AuditorKPMG AG Wirtschaftsprüfungsgesellschaft, Munich, Germany PCAOB ID 1021; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJun 23, 20171
- Filings286 in all: 6-K (151), SC 13G/A (21), SC 13G (17), 424B5 (12), CORRESP (12), UPLOAD (11), 20-F (9), 3 (9)1
All 27 form types
EFFECT (5), SCHEDULE 13G (5), DRSLTR (4), F-1/A (4), F-3 (3), S-8 (3), SCHEDULE 13G/A (3), 424B4 (2), DRS (2), DRS/A (2), F-1 (2), SC 13D (2), 20-F/A (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), F-3/A (1), F-3ASR (1), POS EX (1)
- Latest filingsAnnual report (20-F) Mar 20, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, nominal value €0.12 per share | IFRX | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Mar 20, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARInflaRx N.V. filings on SEC EDGAR
- 2SEC EDGARInflaRx N.V. 10-K for fiscal 2025
- 3SEC EDGARInflaRx N.V. filings on SEC EDGAR
- 4
- 5SEC EDGARInflaRx N.V. 10-K for fiscal 2018
- 6SEC EDGARInflaRx N.V. 10-K for fiscal 2021
- 7SEC EDGARInflaRx N.V. 10-K for fiscal 2018
- 8SEC EDGARInflaRx N.V. 10-K for fiscal 2019
- 9SEC EDGARInflaRx N.V. 10-K for fiscal 2020
- 10SEC EDGARInflaRx N.V. 10-K for fiscal 2022
- 11SEC EDGARInflaRx N.V. 10-K for fiscal 2018
- 12
- 13
- 14SEC EDGARDerval Ocarroll, Officer
- 15
- 16SEC EDGARAnthony S. Gibney, Board member
- 17SEC EDGARHege Hellstrom, Board member
- 18SEC EDGARMark Kubler, Board member
- 19SEC EDGARNicolas Fulpius, Board member
- 20SEC EDGARRichard Brudnick, Board member
- 21NasdaqNasdaq calendar
- 22
- 23
- 24
- 25
- 26SEC EDGARFMR LLC SCHEDULE 13G on InflaRx N.V.
- 27
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