Acrivon Therapeutics Inc
ACRVHealthcare·Biotechnology·USA·Micro·NASD·Nov 11 • 9:51 AM ET
1.59+0.02 (1.27%)
2026-11-11 15:53 CET
Market cap
67.28 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-74.22 USD m
Free cash flow, TTM
-64.14 USD m
EPS diluted, TTM
-1.89
P/E
-
Price
ACRV against its 20, 50 and 200-day averages2050200beatmiss
55.3% under 3.56 on 7 Jan 2026. Last 15 sessions, 25.7% high to low
Profile
ACRV52-week range, 14% of the way up
1.273.56
Acrivon Therapeutics, Inc. develops drugs for clinical treatment. Its unique precision medicine platform is Acrivon Predictive Precision Proteomics (AP3). AP3 is used to generate proprietary OncoSignature companion diagnostics to identify patients who will benefit from the medicine. The company was founded by Peter Blume-Jensen and Kristina Masson in 2018 and is headquartered in Watertown, MA.
| Employees | 76 |
|---|---|
| IPO | Nov 15, 2022 |
| Beta | 1.98 |
| ATR, 14d | 0.13 |
| Rel volume | 1.01 |
| Short float | 5.43% |
| Insider own | 22.47% |
| Inst own | 45.86% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 68.14M |
| Enterprise Value | -19.70M |
| Income | -74.22M |
| Sales | 0.00M |
| Book/sh | 2.02 |
| Cash/sh | 2.10 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 76 |
| IPO | Nov 15, 2022 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 0.79 |
| P/C | 0.76 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 7.99 |
| Current Ratio | 7.99 |
| Debt/Eq | 0.02 |
| LT Debt/Eq | 0.01 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -1.89 |
|---|---|
| EPS next Y | -1.59 |
| EPS next Q | -0.44 |
| EPS this Y | 8.42% |
| EPS next Y | 13.90% |
| EPS next 5Y | 14.02% |
| EPS past 3/5Y | -12.47% -51.39% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 16.04% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 21.40% |
| Sales Q/Q | - |
| Earnings | Aug 12 AMC |
| EPS/Sales Surpr. | 14.38% - |
Ownership
| Insider Own | 22.47% |
|---|---|
| Insider Trans | -0.20% |
| Inst Own | 45.86% |
| Inst Trans | 3.46% |
| ROA | -57.61% |
| ROE | -64.63% |
| ROIC | -84.69% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -5.94% |
| SMA50 | -14.35% |
| SMA200 | -9.31% |
| Trades | - |
Technical
| Shs Outstand | 42.85M |
|---|---|
| Shs Float | 33.22M |
| Short Float | 5.43% |
| Short Ratio | 6.24 |
| Short Interest | 1.80M |
| 52W High | 3.56 -55.34% |
| 52W Low | 1.27 25.20% |
| Volatility | 10.43% 7.57% |
| ATR (14) | 0.13 |
| RSI (14) | 40.24 |
| Beta | 1.98 |
| Rel Volume | 1.01 |
| Avg Volume | 289.12K |
| Volume | 29,495 |
Performance
| Perf Week | -8.62% |
|---|---|
| Perf Month | -9.14% |
| Perf Quarter | -14.05% |
| Perf Half Y | -17.19% |
| Perf YTD | -34.02% |
| Perf Year | -23.19% |
| Perf 3Y | -63.66% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 11.50 |
| Prev Close | 1.57 |
| Price | 1.59 |
| Change % | 1.27% |
Analyst ratings
latest 10 of 14| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| May 05, 2025 | Resumed | PPiper Sandler | Overweight | $6 | +277.4% |
| Jan 31, 2025 | Initiated | KKeyBanc Capital Markets | Overweight | ||
| Sep 16, 2024 | Upgrade | LLadenburg Thalmann | Neutral → Buy | $16 | +906.3% |
| Apr 29, 2024 | Downgrade | LLadenburg Thalmann | Buy → Neutral | ||
| Mar 01, 2024 | Initiated | JJMP Securities | Mkt Outperform | $14 | +780.5% |
| Dec 15, 2023 | Resumed | JJefferies | Buy | $17 → $12 | +654.7% |
| Oct 05, 2023 | Initiated | MMaxim Group | Buy | ||
| Jun 02, 2023 | Initiated | OOppenheimer | Outperform | $25 | +1,472.3% |
| May 08, 2023 | Initiated | BBMO Capital Markets | Outperform | $25 | +1,472.3% |
| Apr 27, 2023 | Initiated | LLadenburg Thalmann | Buy | $22 | +1,283.6% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| ZNTL | Zentalis Pharmaceuticals Inc | 185.72M |
| APRE | Aprea Therapeutics Inc | 6.23M |
| IDYA | Ideaya Biosciences Inc | 3.06B |
| TNGX | Tango Therapeutics Inc | 4.16B |
| BDTX | Black Diamond Therapeutics Inc | 93.36M |
| OKUR | OnKure Therapeutics Inc | 137.30M |
| CRDF | Cardiff Oncology Inc | 60.69M |
| ERAS | Erasca Inc | 5.66B |
| MAIA | MAIA Biotechnology Inc | 66.08M |
| SDGR | Schrodinger Inc | 2.47B |
Insider trading
latest 14 of 15| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Miller Mary | Chief Legal Officer | Oct 22 '26 | Sale | 1.84 | 513 | 944 | 81,202 | Oct 26 04:03 PM |
| Miller Mary | Chief Legal Officer | Oct 05 '26 | Sale | 1.99 | 294 | 585 | 81,715 | Oct 07 05:02 PM |
| Blume-Jensen Peter | President and CEO | Aug 25 '26 | Sale | 2.21 | 14,036 | 30,969 | 2,230,052 | Aug 27 04:14 PM |
| Peter Blume-Jensen | Officer | Aug 25 '26 | Proposed Sale | 2.18 | 14,036 | 30,598 | Aug 25 08:40 PM | |
| Peterson Katharine | Chief Accounting Officer | Aug 18 '26 | Sale | 2.01 | 101 | 203 | 18,033 | Aug 20 04:10 PM |
| Miller Mary | Chief Legal Officer | Aug 18 '26 | Sale | 2.01 | 185 | 372 | 82,009 | Aug 20 04:09 PM |
| Gamelin Erick | Chief Development Officer | Aug 18 '26 | Sale | 2.01 | 400 | 804 | 52,592 | Aug 20 04:08 PM |
| Devroe Eric | Chief Operating Officer | Aug 18 '26 | Sale | 2.01 | 604 | 1,214 | 146,349 | Aug 20 04:07 PM |
| Blume-Jensen Peter | President and CEO | Aug 18 '26 | Sale | 2.01 | 1,229 | 2,470 | 2,244,088 | Aug 20 04:07 PM |
| Blume-Jensen Peter | President and CEO | Aug 18 '26 | Sale | 2.01 | 484 | 973 | 385,859 | Aug 20 04:07 PM |
| Levy Adam D. | Chief Financial Officer | Aug 04 '26 | Sale | 1.57 | 1,142 | 1,793 | 66,008 | Aug 06 04:34 PM |
| Miller Mary | Chief Legal Officer | Jul 21 '26 | Sale | 1.76 | 573 | 1,008 | 82,194 | Jul 23 04:28 PM |
| Blume-Jensen Peter | President and CEO | Jan 14 '26 | Buy | 1.68 | 49,000 | 82,124 | 2,095,771 | Jan 16 04:02 PM |
| Levy Adam D. | Chief Financial Officer | Jan 14 '26 | Buy | 1.70 | 8,832 | 14,999 | 20,983 | Jan 16 04:01 PM |
Held by
AUMNews
latest 14 of 202- Acrivon Expands into Immunology and Inflammation with Acquisition of Phase 2-Ready Differentiated, Oral JAK1 Inhibitor ACR-525, and PKC? Inhibitor Preclinical Program from Aqilion AB (GlobeNewswire)
- Acrivon to Present Late-Breaking Oral Plenary Presentation and Posters at the 38th EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics (GlobeNewswire) -9.77%
- Acrivon Announces Late-Breaking Oral Plenary Presentation of Early Phase 1/2 Clinical Results in AP3-Predicted Tumors for its First-in-Class WEE1/PKMYT1 Inhibitor ACR-2316 at the 38th EORTC-NCI-AACR Symposium (GlobeNewswire)
- Acrivon Advances ACR-7280, an Optimized, AP3-Enabled, Potential First-in-Class, Oral CDK11 Inhibitor Toward IND Filing in First Half of 2027 (GlobeNewswire) +6.21%
- Acrivon Therapeutics to Present at the 2026 Cantor Global Healthcare Conference (GlobeNewswire)
- Loading…
- Acrivon Therapeutics Appoints Michaela Levin, Ph.D., as Chief Business Officer (GlobeNewswire)
- Acrivon Reports Second Quarter 2026 Financial Results and Highlights Upcoming 2026 Clinical Data Catalysts (GlobeNewswire) +7.56%
- Acrivon Advances ACR-2316, a Potential First-in-Class WEE1/PKMYT1 Inhibitor, into Randomized Dose Expansion in its Ongoing Phase 1/2 Study (GlobeNewswire) +5.13%
- Acrivon to Highlight the Power of its AP3 Platform for Streamlined, Pathway-Based Drug Discovery and Development with Oral and Poster Presentations at AACR D3 Conference (GlobeNewswire)
- Acrivon Therapeutics to Present at TD Cowen's 7th Annual Oncology Innovation Summit (GlobeNewswire)
- Acrivon Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) (GlobeNewswire) -7.81% -6.78%
- Acrivon Reports First Quarter 2026 Financial Results and Highlights Progress Towards Key 2026 Clinical Catalysts (GlobeNewswire)
- Acrivon to Highlight Preclinical Data with Three Posters at AACR Demonstrating Strong ACR-368 and ACR-2316 Synergies with Immune Checkpoint Inhibitors and ADC Payloads, Revealing Broad Clinical Development Opportunities (GlobeNewswire) +6.59%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-12 | -0.430 | -0.502 | -0.405 | 0.00 | 0.00 | 8 |
| 2026Q1 | 2026-05-13 | -0.490 | -0.525 | -0.492 | 0.00 | 0.28 | 7 |
| 2025Q4 | 2026-03-19 | -0.490 | -0.483 | -0.491 | 0.00 | 0.17 | 9 |
| 2025Q3 | 2025-11-13 | -0.470 | -0.591 | -0.473 | 0.00 | 0.00 | 9 |
| 2025Q2 | 2025-08-13 | -0.550 | -0.568 | -0.546 | 0.00 | 0.00 | 9 |
| 2025Q1 | 2025-05-14 | -0.510 | -0.643 | -0.513 | 0.00 | 0.00 | 8 |
| 2024Q4 | 2025-03-27 | -0.600 | -0.664 | -0.597 | 0.00 | 0.00 | 9 |
| 2024Q3 | 2024-11-13 | -0.590 | -0.578 | -0.589 | 0.00 | 0.00 | 10 |
| 2024Q2 | 2024-08-13 | -0.520 | -0.603 | -0.520 | 0.00 | 0.00 | 8 |
| 2024Q1 | 2024-05-14 | -0.730 | -0.840 | -0.730 | 0.00 | 0.00 | 10 |
| 2023Q4 | 2024-03-28 | -0.860 | -0.728 | -0.862 | 0.00 | 0.00 | 10 |
| 2023Q3 | 2023-11-09 | -0.660 | -0.708 | -0.655 | 0.00 | 0.00 | 8 |
| 2023Q2 | 2023-08-11 | -0.630 | -0.648 | -0.633 | 0.00 | 0.00 | 5 |
| 2023Q1 | 2023-05-09 | -0.580 | -0.651 | -0.582 | 0.00 | 0.00 | 5 |
| 2022Q4 | 2023-03-28 | -0.800 | -0.810 | -0.428 | 0.00 | 0.00 | 1 |
| 2022Q3 | 2023-03-10 | -5.170 | - | -0.440 | 0.00 | - | - |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2022FY | -7.560 | -4.820 | -1.422 | 0.00 | 0.00 |
| 2023FY | -2.740 | -2.623 | -2.735 | 0.00 | 0.00 |
| 2024FY | -2.380 | -2.515 | -2.384 | 0.00 | 0.00 |
| 2025FY | -2.020 | -2.025 | -2.020 | 0.00 | 0.15 |
| 2026FY | - | -1.850 | - | - | 0.00 |
| 2027FY | - | -1.593 | - | - | 0.00 |
| 2028FY | - | -1.284 | - | - | 13.79 |
| 2029FY | - | -1.088 | - | - | 39.89 |
| 2030FY | - | -0.555 | - | - | 102.34 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-09-22 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-08-22 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-08-13 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-08-12 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-06-27 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-05-14 | 6 | 0 | 0 | 0.50 | 0.00 | 3.03 |
| 2026Q3 | S | 2026-04-01 | 6 | 0 | 0 | 0.50 | 0.00 | 3.03 |
| 2026Q3 | S | 2026-03-19 | 7 | 0 | 0 | 0.43 | 0.00 | 3.03 |
| 2026Q3 | S | 2026-01-07 | 6 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-14 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-11 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-10 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-09 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-08 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.254 | -0.779 | -1.422 | -2.735 | -2.384 | -2.023 | -1.885 | ||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
| EPS, quarterly | -0.52 | -0.589 | -0.597 | -0.513 | -0.546 | -0.473 | -0.491 | -0.492 | -0.429 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 20.86 | 20.86 | 21.921 | 22.523 | 31.231 | 31.649 | 42.847 | ||
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | ||
| Shares, quarterly | 30.966 | 31.131 | 31.231 | 31.352 | 31.45 | 31.55 | 31.649 | 38.745 | 42.847 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 1.44 | 1.36 | 1.01 | 0.54 | 1.09 | 0.83 | 0.01 |
| Gross Profit | -1.44 | -1.36 | -1.01 | -0.54 | -1.09 | -0.83 | -0.01 |
| Selling, General and Administrative Excl. Other | 76.93 | 82.76 | 88.19 | 66.70 | 32.10 | 15.64 | 3.15 |
| Research and Development | 55.96 | 58.63 | 62.99 | 45.49 | 23.59 | 13.68 | 1.86 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -78.37 | -84.11 | -89.20 | -67.24 | -33.19 | -16.48 | -3.17 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 2.17 |
| Net Income Before Taxes | -74.22 | -77.91 | -80.56 | -60.39 | -31.17 | -16.24 | -5.31 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -74.22 | -77.91 | -80.56 | -60.39 | -31.17 | -16.24 | -5.31 |
| Net Income From Continuing Operations | -74.22 | -77.91 | -80.56 | -60.39 | -31.17 | -16.24 | -5.31 |
| Net Income | -74.22 | -77.91 | -80.56 | -60.39 | -31.17 | -16.24 | -5.31 |
| EPS (Recurring) | -1.77 | -2.02 | -2.38 | -2.74 | -1.42 | -0.78 | -0.18 |
| EPS (Basic, Before Extraordinaries) | -1.89 | -2.02 | -2.38 | -2.74 | -1.42 | -0.78 | -0.25 |
| EPS (Diluted) | -1.89 | -2.02 | -2.38 | -2.74 | -1.42 | -0.78 | -0.25 |
| EBITDA | -76.93 | -82.76 | -88.19 | -66.70 | -32.10 | -15.64 | -3.15 |
| Non-Operating Income (Expense) | 4.15 | 6.21 | 8.64 | 6.85 | 2.03 | 0.21 | 0.03 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 11.40 | 14.72 | 14.29 | 11.62 | 2.19 | 0.50 | 0.00 |
| Shares Outstanding | 42.85 | 31.65 | 31.23 | 22.52 | 21.92 | 20.86 | 20.86 |
| Market Capitalization | 67.28 | 67.28 | 187.44 | 108.75 | 240.59 | 240.59 | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.40 | 0.38 | 0.36 | 0.30 | 0.30 | 0.31 | 0.30 | 0.30 |
| Gross Profit | -0.40 | -0.38 | -0.36 | -0.30 | -0.30 | -0.31 | -0.30 | -0.30 |
| Selling, General and Administrative Excl. Other | 18.27 | 19.52 | 19.75 | 19.39 | 22.35 | 21.35 | 24.65 | 24.84 |
| Research and Development | 13.44 | 14.78 | 14.38 | 13.35 | 15.88 | 15.10 | 18.33 | 18.56 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -18.67 | -19.90 | -20.12 | -19.69 | -22.65 | -21.66 | -24.95 | -25.14 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -17.96 | -19.04 | -18.98 | -18.23 | -21.01 | -19.68 | -22.83 | -22.44 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -17.96 | -19.04 | -18.98 | -18.23 | -21.01 | -19.68 | -22.83 | -22.44 |
| Net Income From Continuing Operations | -17.96 | -19.04 | -18.98 | -18.23 | -21.01 | -19.68 | -22.83 | -22.44 |
| Net Income | -17.96 | -19.04 | -18.98 | -18.23 | -21.01 | -19.68 | -22.83 | -22.44 |
| EPS (Recurring) | -0.43 | -0.49 | -0.49 | -0.47 | -0.55 | -0.51 | -0.60 | -0.59 |
| EPS (Basic, Before Extraordinaries) | -0.43 | -0.49 | -0.49 | -0.47 | -0.55 | -0.51 | -0.60 | -0.59 |
| EPS (Diluted) | -0.43 | -0.49 | -0.49 | -0.47 | -0.55 | -0.51 | -0.60 | -0.59 |
| EBITDA | -18.27 | -19.52 | -19.75 | -19.39 | -22.35 | -21.35 | -24.65 | -24.84 |
| Non-Operating Income (Expense) | 0.70 | 0.86 | 1.13 | 1.45 | 1.64 | 1.98 | 2.12 | 2.70 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 2.21 | 2.18 | 3.09 | 3.91 | 3.93 | 3.79 | 3.71 | 3.67 |
| Shares Outstanding | 42.85 | 38.75 | 31.65 | 31.55 | 31.45 | 31.35 | 31.23 | 31.13 |
| Market Capitalization | 67.28 | 53.85 | 76.05 | 56.93 | 37.31 | 63.64 | 187.44 | 216.81 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 118.58 | 179.48 | 127.46 | 127.75 | 99.60 | 1.58 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.86 | 2.15 | 2.23 | 4.34 | 0.81 | 0.14 |
| Total Current Assets | 120.44 | 181.63 | 129.69 | 132.09 | 100.41 | 1.72 |
| Net Property, Plant & Equipment | 7.42 | 8.03 | 7.91 | 6.86 | 5.79 | 0.06 |
| Total Investments and Advances | 0.20 | 5.29 | 0.41 | 42.27 | 0.39 | 0.41 |
| Intangible Assets | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 1.10 | - | - | - | - | - |
| Other Assets | 1.65 | 1.65 | 0.25 | 0.00 | 0.00 | 0.00 |
| Total Assets | 130.82 | 196.59 | 138.26 | 181.23 | 106.59 | 2.19 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.17 | 1.06 | 0.88 | 0.73 | 0.66 | 0.06 |
| Accounts Payable | 2.28 | 0.76 | 5.05 | 0.90 | 0.96 | 0.14 |
| Other Current Liabilities | 12.21 | 15.40 | 7.38 | 4.89 | 1.29 | 0.42 |
| Total Current Liabilities | 15.66 | 17.21 | 13.30 | 6.52 | 2.91 | 0.61 |
| Long Term Debt | 1.54 | 2.59 | 3.77 | 4.24 | 127.48 | 9.98 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 1.10 | - | - | - | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 18.30 | 19.80 | 17.07 | 10.75 | 130.40 | 10.60 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 112.52 | 176.79 | 121.19 | 170.47 | -23.81 | -8.41 |
| Total Shareholders Equity | 112.52 | 176.79 | 121.19 | 170.47 | -23.81 | -8.41 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 112.52 | 176.79 | 121.19 | 170.47 | -23.81 | -8.41 |
| Total Liabilities & Stockholders Equity | 130.82 | 196.59 | 138.26 | 181.23 | 106.59 | 2.19 |
| Book Value Per Share | 3.56 | 5.66 | 5.38 | 7.78 | -1.14 | -0.40 |
| Tangible Book Value Per Share | 3.56 | 5.66 | 5.38 | 7.78 | -1.14 | -0.40 |
| Full-Time Employees | 76 | 78 | 58 | 41 | - | - |
| Price to Book Ratio | 0.78 | 0.95 | 0.79 | -5.27 | -5.27 | - |
| Return on Assets | -47.59 | -48.11 | -37.80 | -21.66 | -29.87 | - |
| Return on Equity | -53.86 | -54.07 | -41.41 | -42.50 | - | - |
| Return on Invested Capital | -68.31 | -44.91 | -48.33 | -17.84 | -15.67 | -337.53 |
| Quick Ratio | 7.69 | 10.55 | 9.75 | 20.27 | 34.46 | 2.80 |
| Current Ratio | 7.69 | 10.55 | 9.75 | 20.27 | 34.46 | 2.80 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|---|
| Net Income | -74.22 | -77.91 | -80.56 | -60.39 | -31.17 | -16.24 | -5.31 |
| Depreciation | 1.50 | 1.36 | 1.01 | 0.54 | 1.09 | 0.83 | 0.01 |
| Other Funds (Non Cash) | 12.79 | 15.31 | 11.44 | 9.07 | 1.49 | 1.10 | 2.17 |
| Funds from Operations | -59.94 | -61.24 | -68.11 | -50.78 | -28.59 | -14.31 | -3.12 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -2.98 | -2.43 | 2.44 | 8.14 | -1.53 | 0.33 | 0.32 |
| Cash from Operating Activities | -62.92 | -63.66 | -65.67 | -42.64 | -30.12 | -13.98 | -2.80 |
| Capital Expenditures | -1.22 | -1.67 | -2.77 | -1.29 | -2.17 | -0.24 | -0.01 |
| Net Assets From Acquisitions | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 56.73 | 67.77 | -49.00 | 52.01 | -139.51 | 0.00 | 0.00 |
| Purchase of Investments | -73.27 | -81.73 | -202.93 | -56.53 | -150.18 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 130.00 | 149.50 | 153.92 | 108.53 | 10.67 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 55.51 | 66.10 | -51.77 | 50.72 | -141.68 | -0.24 | -0.01 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 7.30 | 0.00 | 123.55 | -0.26 | 101.71 | 112.22 | 2.83 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 7.30 | 0.00 | 123.55 | -0.26 | 101.71 | 112.22 | 2.83 |
| Proceedsfrom Stock Options | 7.29 | 0.00 | 63.45 | -1.03 | 101.69 | 112.22 | 2.83 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | -0.38 | -0.75 | -2.52 | -1.30 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | -0.38 | -0.75 | -2.52 | -1.30 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 6.93 | -0.75 | 121.03 | -1.55 | 101.71 | 112.22 | 2.89 |
| Net Change in Cash | -0.48 | 1.69 | 3.59 | 6.52 | -70.08 | 98.00 | 0.07 |
| Free Cash Flow | -64.14 | -65.33 | -68.44 | -43.93 | -32.28 | -14.22 | -2.82 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 89.96 | 97.74 | 118.58 | 129.25 | 137.42 | 149.63 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.53 | 1.48 | 1.86 | 1.11 | 0.99 | 1.69 |
| Total Current Assets | 91.49 | 99.22 | 120.44 | 130.36 | 138.41 | 151.33 |
| Net Property, Plant & Equipment | 6.22 | 6.91 | 7.42 | 7.98 | 8.12 | 7.98 |
| Total Investments and Advances | 0.20 | 0.19 | 0.20 | 5.31 | 10.40 | 15.39 |
| Deferred Tax Assets | - | - | 1.10 | - | - | - |
| Other Assets | 1.18 | 1.51 | 1.65 | 1.65 | 1.65 | 1.65 |
| Total Assets | 99.09 | 107.83 | 130.82 | 145.30 | 158.58 | 176.35 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.14 | 1.15 | 1.17 | 1.18 | 1.15 | 1.10 |
| Accounts Payable | 0.86 | 1.16 | 2.28 | 1.00 | 1.16 | 3.69 |
| Other Current Liabilities | 9.45 | 8.74 | 12.21 | 12.71 | 11.12 | 8.75 |
| Total Current Liabilities | 11.45 | 11.05 | 15.66 | 14.89 | 13.43 | 13.55 |
| Long Term Debt | 0.98 | 1.26 | 1.54 | 1.80 | 2.12 | 2.41 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | 1.10 | - | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 12.43 | 12.32 | 18.30 | 16.70 | 15.55 | 15.96 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 86.67 | 95.52 | 112.52 | 128.60 | 143.04 | 160.39 |
| Total Shareholders Equity | 86.67 | 95.52 | 112.52 | 128.60 | 143.04 | 160.39 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 86.67 | 95.52 | 112.52 | 128.60 | 143.04 | 160.39 |
| Total Liabilities & Stockholders Equity | 99.09 | 107.83 | 130.82 | 145.30 | 158.58 | 176.35 |
| Book Value Per Share | 2.02 | 2.47 | 3.56 | 4.08 | 4.55 | 5.12 |
| Tangible Book Value Per Share | 2.02 | 2.47 | 3.56 | 4.08 | 4.55 | 5.12 |
| Full-Time Employees | - | - | 76 | - | - | - |
| Price to Book Ratio | 0.78 | 0.39 | 0.59 | 0.40 | 0.23 | 0.36 |
| Return on Assets | -57.61 | -54.38 | -47.59 | -45.42 | -44.18 | -56.42 |
| Return on Equity | -64.63 | -60.39 | -53.86 | -50.23 | -47.87 | -62.41 |
| Return on Invested Capital | -20.50 | -19.68 | -16.65 | -13.98 | -14.47 | -12.09 |
| Quick Ratio | 7.99 | 8.98 | 7.69 | 8.75 | 10.31 | 11.17 |
| Current Ratio | 7.99 | 8.98 | 7.69 | 8.75 | 10.31 | 11.17 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -17.96 | -19.04 | -18.98 | -18.23 | -21.01 | -19.68 |
| Depreciation | 0.41 | 0.38 | 0.36 | 0.35 | 0.34 | 0.31 |
| Other Funds (Non Cash) | 2.55 | 2.62 | 3.49 | 4.14 | 4.01 | 3.68 |
| Funds from Operations | -15.01 | -16.04 | -15.14 | -13.75 | -16.66 | -15.69 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.15 | -4.49 | -0.10 | 1.47 | 0.05 | -3.85 |
| Cash from Operating Activities | -14.86 | -20.54 | -15.24 | -12.28 | -16.61 | -19.54 |
| Capital Expenditures | -0.09 | -0.01 | -0.22 | -0.90 | -0.49 | -0.06 |
| Net Assets From Acquisitions | 0.00 | 0.00 | - | - | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | - | - | 0.00 | 0.00 |
| Purchase or Sale of Investments | 15.03 | 13.14 | 21.74 | 6.81 | 19.94 | 19.27 |
| Purchase of Investments | -9.97 | -16.86 | -13.26 | -33.19 | -15.06 | -20.23 |
| Sale Or Maturity of Investments | 25.00 | 30.00 | 35.00 | 40.00 | 35.00 | 39.50 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 14.95 | 13.13 | 21.52 | 5.91 | 19.45 | 19.21 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 7.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 7.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 7.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | -0.03 | -0.03 | -0.19 | -0.12 | -0.10 | -0.34 |
| Other Financing Activities Uses | -0.03 | -0.03 | -0.19 | -0.12 | -0.10 | -0.34 |
| Cash from Financing Activities | 7.27 | -0.03 | -0.19 | -0.12 | -0.10 | -0.34 |
| Net Change in Cash | 7.35 | -7.44 | 6.09 | -6.49 | 2.74 | -0.66 |
| Free Cash Flow | -14.95 | -20.55 | -15.46 | -13.18 | -17.10 | -19.59 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 5.43% | 1.8M | 33.2M | 298.61K |
| 2026-10-15 | 5.23% | 1.7M | 33.2M | 322.22K |
| 2026-09-30 | 4.87% | 1.6M | 33.2M | 381.88K |
| 2026-09-15 | 3.62% | 1.2M | 33.2M | 382.99K |
| 2026-08-31 | 3.43% | 1.1M | 33.2M | 398.33K |
| 2026-08-14 | 3.68% | 1.2M | 33.6M | 409.45K |
| 2026-07-31 | 4.02% | 1.4M | 33.7M | 448.43K |
| 2026-07-15 | 4.41% | 1.5M | 33.7M | 585.82K |
| 2026-06-30 | 8.43% | 2.8M | 33.7M | 571.80K |
| 2026-06-15 | 8.39% | 2.8M | 33.7M | 618.75K |
| 2026-05-29 | 8.55% | 2.8M | 32.8M | 703.55K |
| 2026-05-15 | 7.62% | 2.5M | 32.7M | 787.94K |
| 2026-04-30 | 8.38% | 2.5M | 29.4M | 817.90K |
| 2026-04-15 | 8.12% | 2.4M | 29.4M | 822.02K |
| 2026-03-31 | 8.02% | 2.2M | 27.3M | 1.75M |
| 2026-03-13 | 8.83% | 2.4M | 27.3M | 1.70M |
| 2026-02-27 | 9.61% | 2.1M | 22.2M | 1.62M |
| 2026-02-13 | 10.48% | 2.3M | 22.2M | 1.56M |
| 2026-01-30 | 9.12% | 2.0M | 22.2M | 1.76M |
| 2026-01-15 | 33.88% | 7.5M | 22.2M | 1.62M |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-10 | 8-K | Current report | 2026-11-10 | SEC |
| 2026-11-06 | 8-K | Current report | 2026-11-06 | SEC |
| 2026-10-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-22 | SEC |
| 2026-10-07 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-05 | SEC |
| 2026-09-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-31 | SEC |
| 2026-09-02 | 3 | Initial statement of beneficial ownership of securities | 2026-08-31 | SEC |
| 2026-08-27 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-25 | SEC |
| 2026-08-25 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-13 | SCHEDULE 13G/A | SEC | ||
| 2026-08-12 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-08-12 | 8-K | Current report | 2026-08-12 | SEC |
| 2026-08-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-04 | SEC |
| 2026-07-23 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-21 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-17 | 8-K | Current report | 2026-06-17 | SEC |
| 2026-05-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-21 | SEC |
| 2026-05-22 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-05-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-18 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 1.53K | 2 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 38.80K | 8 |
| 2026-07 | 0 | 0 | 1.01K | 1 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 114.34K | 3 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| RA CAPITAL MANAGEMENT, L.P. | 28.57% |
| Sands Capital Alternatives, LLC | 5.35% |
| ACADIAN ASSET MANAGEMENT LLC | 3.07% |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.22% |
| WELLINGTON MANAGEMENT GROUP LLP | 2.07% |
| RENAISSANCE TECHNOLOGIES LLC | 1.77% |
| TWO SIGMA INVESTMENTS, LP | 1.50% |
| MARSHALL WACE, LLP | 1.24% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 0.89% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.69% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 1.27% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.91% |
| Ultra-Small Company Fund | 0.74% |
| Fidelity Extended Market Index Fund | 0.36% |
| iShares Micro-Cap ETF | 0.17% |
| Ultra-Small Company Market Fund | 0.14% |
| Fidelity Series Total Market Index Fund | 0.10% |
| Fidelity Total Market Index Fund | 0.09% |
| Fidelity Nasdaq Composite Index Fund | 0.04% |
| VANGUARD BALANCED INDEX FUND | 0.04% |
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