InMed Pharmaceuticals Inc. has announced its financial results for the fiscal year ending June 30, 2025. The company reported sales of $4.9 million in its BayMedica segment, marking an increase of $0.34 million, or 8%, compared to the previous year. The net loss for the company was recorded at $8.2 million, compared to a net loss of $7.7 million for the previous fiscal year. Research and development expenses decreased to $2.9 million from $3.2 million in the previous year, while general and administrative expenses increased to $6.6 million from $5.8 million. The company maintains a cash position of $11.1 million, which it expects will support its pharmaceutical developments into the fourth quarter of calendar year 2026. Additionally, InMed continued to advance its pharmaceutical pipeline, particularly with the INM-901 program, which targets multiple biological pathways related to Alzheimer's disease. The company also reported progress in the development of INM-089 for the treatment of dry age-related macular degeneration.