Celularity Inc: Quarterly report
Celularity reported a 66.3% drop in quarterly revenue and noted substantial doubt regarding its ability to continue as a going concern.
Negative for the companyWhat the numbers say
Revenue fell 66% to $3.8M versus the same quarter last year (6.3% down on the previous quarter); operating margin narrowed from -91.8% to -263.5%; diluted EPS $0.02 versus -$0.84; cash fell by $5.8M to $368K; diluted share count up 29% (dilution).
What happened
- Total revenues fell to $3,846 thousand for the first quarter of 2026 from $11,426 thousand in the prior year period, led by a 90.4% decline in product sales.
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