Adagio Medical Holdings Inc
ADGMHealthcare·Medical Devices·USA·Nano·NASD·Nov 11 • 9:18 AM ET
1.74-0.10 (-5.43%)
2026-11-11 15:22 CET
Market cap
1.68 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-27.14 USD m
Free cash flow, TTM
-16.57 USD m
EPS diluted, TTM
-43.18
P/E
-
Price
ADGM against its 20, 50 and 200-day averages2050200missearnings
96.6% under 50.70 on 15 Apr 2026. Last 15 sessions, 130.0% high to low
Profile
ADGM52-week range, 0% of the way up
1.5050.70
Adagio Medical Holdings, Inc. is a medical device company, which engages in the development ablation technologies for the treatment of cardiac arrhythmias. It treats atrial fibrillation, atrial flutter, and ventricular tachycardia. The company was founded on August 24, 2020 and is headquartered in Laguna Hills, CA.
| Employees | 41 |
|---|---|
| IPO | Feb 26, 2021 |
| Beta | 0.10 |
| ATR, 14d | 0.62 |
| Rel volume | 1.01 |
| Short float | 0.58% |
| Insider own | 1.22% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 1.59M |
| Enterprise Value | 19.85M |
| Income | -27.14M |
| Sales | 0.00M |
| Book/sh | -0.56 |
| Cash/sh | 8.48 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 41 |
| IPO | Feb 26, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | - |
| P/C | 0.21 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 1.15 |
| Current Ratio | 1.41 |
| Debt/Eq | - |
| LT Debt/Eq | - |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -43.18 |
|---|---|
| EPS next Y | -34.80 |
| EPS next Q | -7.40 |
| EPS this Y | 27.81% |
| EPS next Y | -6.42% |
| EPS next 5Y | 4.30% |
| EPS past 3/5Y | 63.65% -363.15% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 70.33% |
| Sales Y/Y TTM | -100.00% |
| EPS Q/Q | 13.44% |
| Sales Q/Q | - |
| Earnings | Aug 11 BMO |
| EPS/Sales Surpr. | -11.11% - |
Ownership
| Insider Own | 1.22% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | - |
| Inst Trans | -2.44% |
| ROA | -77.80% |
| ROE | -657.76% |
| ROIC | -107.02% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -35.98% |
| SMA50 | -75.07% |
| SMA200 | -91.90% |
| Trades | - |
Technical
| Shs Outstand | 0.91M |
|---|---|
| Shs Float | 0.90M |
| Short Float | 0.58% |
| Short Ratio | 0.06 |
| Short Interest | 0.01M |
| 52W High | 50.70 -96.57% |
| 52W Low | 1.50 16.00% |
| Volatility | 24.06% 19.65% |
| ATR (14) | 0.62 |
| RSI (14) | 23.96 |
| Beta | 0.10 |
| Rel Volume | 1.01 |
| Avg Volume | 83.43K |
| Volume | 4,214 |
Performance
| Perf Week | -32.71% |
|---|---|
| Perf Month | -53.71% |
| Perf Quarter | -91.59% |
| Perf Half Y | -93.56% |
| Perf YTD | -94.42% |
| Perf Year | -93.35% |
| Perf 3Y | -99.47% |
| Perf 5Y | -99.42% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 100.00 |
| Prev Close | 1.84 |
| Price | 1.74 |
| Change % | -5.43% |
Analyst ratings
latest 2 of 2| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Apr 14, 2026 | Initiated | PPiper Sandler | Overweight | $3 | +72.4% |
| Dec 02, 2025 | Initiated | LLake Street | Buy | $4 | +129.9% |
Peers
Mkt capInsider trading
2 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Kaster Deborah | Chief Financial Officer | Dec 16 '25 | Buy | 1.20 | 15,000 | 17,973 | 15,000 | Dec 18 06:00 AM |
| Usen Todd | Chief Executive Officer | Dec 12 '25 | Buy | 1.09 | 207,315 | 225,973 | 207,315 | Dec 15 09:24 PM |
Held by
AUMNews
latest 14 of 98- Adagio Medical Provides Business Update: 22 Patients Treated with Next-Generation vCLAS Ultra System as FULCRUM-VT IDE Sub-Study Advances (Business Wire)
- Adagio Medical Initiates Strategic Review and Workforce Reduction While Advancing vCLAS PMA (InvestorsHub) -53.04%
- Adagio Medical Announces Strategic Review Process to Maximize Shareholder Value (Business Wire)
- Adagio Medical Highlights First Patient Treated in IDE Study Evaluating Next-Generation vCLAS Ultra System for Ventricular Tachycardia at Banner - University Medical Center Phoenix (Business Wire) +7.99%
- Teleflex Appoints Veteran Medical Technology Executive Sean M. Salmon to Teleflex Board of Directors (Business Wire) +7.71%
- Loading…
- Adagio Medical Reports Second Quarter 2026 Results (Business Wire)
- Adagio Medical Treats First Patient with Faster, Single-Freeze Next-Generation ULTA System (Business Wire) +21.60%
- Adagio Medical Submits Premarket Approval Application to FDA for vCLAS Ventricular Ablation System for the Treatment of Ventricular Tachycardia (Business Wire)
- Adagio Medical Reports First Quarter 2026 Results and Meaningful Clinical Progress (Business Wire)
- Adagio Medical to Participate in the BofA Securities 2026 Health Care Conference (Business Wire)
- Adagio Medical Announces Positive Pivotal Results for vCLAS Ventricular Ablation System (Business Wire)
- Adagio Medicals ULTA Technology to Be Featured at the Heart Rhythm 2026 Conference (Business Wire)
- Adagio Medical to Participate in the 25th Annual Needham Virtual Conference (Business Wire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-11 | -9.000 | -8.100 | -9.000 | 0.00 | 0.00 | 2 |
| 2026Q1 | 2026-05-12 | -9.300 | -8.700 | -9.448 | 0.00 | 0.00 | 2 |
| 2025Q4 | 2026-03-27 | -6.300 | -9.300 | -4.924 | 0.00 | 0.00 | 1 |
| 2025Q3 | 2025-12-03 | -12.900 | -12.900 | -19.734 | 0.00 | 0.00 | 1 |
| 2025Q2 | 2025-08-13 | - | - | -10.481 | - | - | - |
| 2025Q1 | 2025-05-15 | - | - | -15.049 | - | - | - |
| 2024Q4 | 2025-04-02 | - | - | -3.775 | 0.14 | - | - |
| 2024Q3 | 2024-11-14 | - | - | -0.319 | 0.19 | - | - |
| 2026Q3 | - | - | -7.400 | - | - | 0.00 | 3 |
| 2026Q4 | - | - | -7.800 | - | - | 0.00 | 3 |
| 2027Q1 | - | - | -7.350 | - | - | 0.20 | 2 |
| 2027Q2 | - | - | -7.950 | - | - | 0.30 | 2 |
| 2027Q3 | - | - | -8.700 | - | - | 0.50 | 2 |
| 2027Q4 | - | - | -10.200 | - | - | 0.90 | 2 |
| 2028Q1 | - | - | -4.200 | - | - | 1.00 | 1 |
| 2028Q2 | - | - | -2.700 | - | - | 1.70 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -45.300 | -50.100 | -45.300 | 0.00 | 0.00 |
| 2026FY | - | -32.700 | - | - | 0.00 |
| 2027FY | - | -34.800 | - | - | 1.53 |
| 2028FY | - | -39.700 | - | - | 7.26 |
| 2029FY | - | -74.700 | - | - | 20.31 |
| 2030FY | - | -78.600 | - | - | 42.85 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-08-11 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-08-02 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-06-02 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-05-12 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-04-13 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-03-27 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-12-03 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-12-01 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | R | 2026-08-11 | 1 | 0 | 0 | -4.80 | -4.80 | -4.80 |
| 2026Q3 | R | 2026-06-02 | 1 | 0 | 0 | -4.80 | -4.80 | -4.80 |
| 2026Q3 | E | 2026-10-25 | 3 | 0 | 0 | -7.40 | -9.00 | -4.80 |
| 2026Q3 | E | 2026-08-11 | 3 | 1 | 0 | -7.40 | -9.00 | -4.80 |
| 2026Q3 | E | 2026-08-02 | 2 | 0 | 0 | -6.60 | -8.40 | -4.80 |
| 2026Q3 | E | 2026-07-26 | 3 | 0 | 0 | -8.40 | -12.00 | -4.80 |
Estimate history
| EPS, annual | -0.001 | -0.342 | -31.498 | -0.218 | -4.938 | -45.395 | -43.1787 | ||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
| EPS, quarterly | -6.441 | -0.319 | -3.775 | -15.049 | -10.481 | -19.734 | -4.924 | -9.448 | -9.073 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 0 | 0.189 | 0 | 0.602 | 0 | 0 | ||
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
| Sales, quarterly | 0.254 | 0.185 | 0.137 | 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 | 19.187 | 19.187 | 0.756 | 7.927 | 15.198 | 0.74 | 0.74 | ||
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | ||
| Shares, quarterly | 0.78 | 14.535 | 15.198 | 0.513 | 0.513 | 0.513 | 0.74 | 0.74 | 0.74 |
| 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 | 0.60 | 0.00 | 0.19 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 1.24 | 1.65 | 3.32 | 0.00 | 1.37 | 0.00 | 0.00 |
| Gross Profit | -1.24 | -1.65 | -2.72 | 0.00 | -1.18 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 18.59 | 20.24 | 32.24 | 4.75 | 22.73 | 6.61 | 0.01 |
| Research and Development | 9.17 | 10.64 | 12.22 | - | 17.36 | - | - |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -19.82 | -21.89 | -34.96 | -4.75 | -23.91 | -6.61 | -0.01 |
| Interest Expense | 3.11 | 2.91 | 2.92 | - | 0.14 | - | 0.00 |
| Unusual Expense | 4.65 | 0.96 | 39.45 | 0.00 | 0.00 | -0.05 | 0.00 |
| Net Income Before Taxes | -27.14 | -25.08 | -75.04 | -2.13 | -23.67 | -6.56 | -0.01 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -27.14 | -25.08 | -75.04 | -2.13 | -23.67 | -6.56 | -0.01 |
| Net Income From Continuing Operations | -27.14 | -25.08 | -75.04 | -2.13 | -23.67 | -6.56 | -0.01 |
| Net Income | -27.14 | -25.08 | -75.04 | -2.13 | -23.67 | -6.56 | -0.01 |
| EPS (Recurring) | -32.26 | -44.18 | -3.12 | -0.22 | -31.50 | -0.34 | -0.00 |
| EPS (Basic, Before Extraordinaries) | -43.18 | -45.40 | -4.94 | -0.22 | -31.50 | -0.34 | -0.00 |
| EPS (Diluted) | -43.18 | -45.40 | -4.94 | -0.22 | -31.50 | -0.34 | -0.00 |
| EBITDA | -18.68 | -20.92 | -33.57 | -4.75 | -23.42 | -6.61 | -0.01 |
| Non-Operating Income (Expense) | 0.44 | 0.67 | 2.29 | 2.62 | 0.38 | 0.00 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.90 | 1.48 | 0.64 | - | 0.36 | - | - |
| Price To Sales Ratio | - | - | 26.51 | - | 40.16 | - | - |
| Gross Margin | - | - | -451.16 | - | -624.87 | - | - |
| Operating Margin | - | - | -5,806.98 | - | -12,652.38 | - | - |
| Net Margin | - | - | -12,465.28 | - | -12,525.40 | - | - |
| Shares Outstanding | 0.74 | 0.74 | 15.20 | 7.93 | 0.76 | 19.19 | 19.19 |
| Market Capitalization | 1.68 | 1.68 | 478.74 | 444.78 | - | - | - |
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 | 0.14 | 0.18 |
| Cost of Goods Sold Incl. D&A | 0.20 | 0.21 | 0.29 | 0.53 | 0.34 | 0.39 | 1.52 | 0.57 |
| Gross Profit | -0.20 | -0.21 | -0.29 | -0.53 | -0.34 | -0.39 | -1.39 | -0.39 |
| Selling, General and Administrative Excl. Other | 4.73 | 4.99 | 3.67 | 5.19 | 4.38 | 7.01 | 7.47 | 10.24 |
| Research and Development | 2.25 | 2.53 | 2.12 | 2.27 | 1.97 | 3.66 | 3.42 | 2.47 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -4.93 | -5.20 | -3.97 | -5.72 | -4.72 | -7.40 | -8.85 | -10.63 |
| Interest Expense | 0.81 | 0.78 | 0.78 | 0.75 | 0.72 | 0.66 | 0.67 | 0.74 |
| Unusual Expense | 0.98 | 1.19 | -1.26 | 3.74 | -1.29 | -0.23 | 49.92 | -6.50 |
| Net Income Before Taxes | -6.72 | -7.00 | -3.31 | -10.12 | -3.95 | -7.71 | -57.37 | -4.63 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -6.72 | -7.00 | -3.31 | -10.12 | -3.95 | -7.71 | -57.37 | -4.63 |
| Net Income From Continuing Operations | -6.72 | -7.00 | -3.31 | -10.12 | -3.95 | -7.71 | -57.37 | -4.63 |
| Net Income | -6.72 | -7.00 | -3.31 | -10.12 | -3.95 | -7.71 | -57.37 | -4.63 |
| EPS (Recurring) | -8.15 | -8.32 | -6.24 | -14.63 | -12.24 | -15.36 | -1.48 | -0.63 |
| EPS (Basic, Before Extraordinaries) | -9.07 | -9.45 | -4.92 | -19.73 | -7.70 | -15.05 | -3.77 | -0.32 |
| EPS (Diluted) | -9.07 | -9.45 | -4.92 | -19.73 | -10.48 | -15.05 | -3.77 | -0.32 |
| EBITDA | -4.73 | -4.99 | -3.73 | -5.22 | -4.45 | -7.13 | -8.43 | -10.38 |
| Non-Operating Income (Expense) | 0.00 | 0.18 | 0.17 | 0.09 | 0.20 | 0.12 | 2.08 | 0.24 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.48 | 0.39 | 0.89 | 0.14 | 0.23 | 0.22 | - | - |
| Price To Sales Ratio | - | - | - | 217.81 | 62.10 | 21.49 | 27.71 | 85.42 |
| Gross Margin | - | - | - | - | - | - | -1,011.68 | -208.65 |
| Operating Margin | - | - | - | - | - | - | -6,462.04 | -5,746.49 |
| Net Margin | - | - | - | - | - | - | -41,875.18 | -2,502.16 |
| Shares Outstanding | 0.74 | 0.74 | 0.74 | 0.51 | 0.51 | 0.51 | 15.20 | 14.54 |
| Market Capitalization | 1.68 | 25.54 | 23.10 | 29.84 | 20.00 | 12.38 | 478.74 | 1,125.02 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 17.11 | 20.59 | 0.02 | 5.55 | 0.50 | 0.00 |
| Short Term Receivables | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1.67 | 2.57 | 0.00 | 0.37 | 0.00 | 0.00 |
| Other Current Assets | 1.30 | 2.16 | 0.06 | 0.82 | 0.37 | 0.00 |
| Total Current Assets | 20.08 | 25.35 | 0.08 | 6.73 | 0.87 | 0.00 |
| Net Property, Plant & Equipment | 2.23 | 2.15 | 0.00 | 1.94 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 40.58 | 0.00 | 149.55 | 0.00 |
| Intangible Assets | 20.94 | 20.94 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 1.98 | 1.75 | - | - | - | - |
| Other Assets | 0.00 | 0.01 | 0.00 | 0.03 | 0.00 | 0.04 |
| Total Assets | 45.23 | 50.20 | 40.65 | 8.70 | 150.42 | 0.04 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.15 | 0.14 | 2.17 | 9.66 | 0.00 | 0.00 |
| Accounts Payable | 1.08 | 2.84 | 0.00 | 1.01 | 0.00 | 0.00 |
| Other Current Liabilities | 7.00 | 4.78 | 10.18 | 2.29 | 5.99 | 0.06 |
| Total Current Liabilities | 8.23 | 7.76 | 12.35 | 12.97 | 5.99 | 0.06 |
| Long Term Debt | 21.60 | 16.12 | 0.00 | 91.60 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 2.86 | 2.63 | - | - | - | - |
| Other Liabilities | 0.13 | 3.77 | 2.62 | 0.00 | 5.23 | 0.00 |
| Total Liabilities | 32.83 | 30.28 | 14.97 | 104.57 | 11.22 | 0.06 |
| 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 | 12.40 | 19.91 | 25.68 | -95.88 | 139.20 | -0.01 |
| Total Shareholders Equity | 12.40 | 19.91 | 25.68 | -95.88 | 139.20 | -0.01 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 12.40 | 19.91 | 25.68 | -95.88 | 139.20 | -0.01 |
| Total Liabilities & Stockholders Equity | 45.23 | 50.20 | 40.65 | 8.70 | 150.42 | 0.04 |
| Book Value Per Share | 16.75 | 1.31 | 3.24 | -126.79 | 7.26 | -0.00 |
| Tangible Book Value Per Share | -11.53 | -0.07 | 3.24 | -126.79 | 7.26 | -0.00 |
| Full-Time Employees | 41 | 80 | 3 | 3 | - | - |
| Price to Book Ratio | -3.28 | 24.04 | 5.81 | - | - | - |
| Return on Assets | -52.57 | -165.20 | -2.22 | -29.76 | -8.72 | - |
| Return on Equity | -155.25 | -329.16 | -2.53 | -109.27 | -9.43 | - |
| Return on Invested Capital | -73.77 | -208.25 | -8.31 | - | -4.71 | - |
| Quick Ratio | 2.24 | 2.93 | 0.01 | 0.49 | 0.15 | 0.03 |
| Current Ratio | 2.44 | 3.27 | 0.01 | 0.52 | 0.15 | 0.03 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|---|
| Net Income | -27.14 | -25.08 | -75.04 | -2.13 | -23.67 | -6.56 | -0.01 |
| Depreciation | 0.84 | 0.97 | 1.39 | - | 0.49 | - | - |
| Other Funds (Non Cash) | 6.54 | 2.44 | 40.33 | -2.62 | 0.44 | -0.05 | 0.01 |
| Funds from Operations | -19.75 | -21.68 | -35.25 | -4.75 | -22.74 | -6.61 | -0.00 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 3.22 | 2.66 | 5.79 | 4.03 | 0.33 | 5.54 | 0.00 |
| Cash from Operating Activities | -16.53 | -19.01 | -29.46 | -0.73 | -22.41 | -1.07 | 0.00 |
| Capital Expenditures | -0.04 | -0.37 | -1.65 | 0.00 | -0.50 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 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 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | -1.40 | 0.00 | -149.50 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | -1.40 | 0.00 | -149.50 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 115.07 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -0.04 | -0.37 | -1.65 | 113.67 | -0.50 | -149.50 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 16.13 | 16.13 | 0.00 | -115.07 | 0.03 | 151.11 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -115.07 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 16.13 | 16.13 | 0.00 | 0.00 | 0.03 | 151.11 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 151.11 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 15.63 | 2.06 | 9.50 | -0.03 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 15.63 | 2.06 | 9.50 | -0.03 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 16.50 | 2.06 | 9.50 | 0.13 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | -0.87 | 0.00 | 0.00 | -0.16 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 16.13 | 16.13 | 15.63 | -113.02 | 9.53 | 151.07 | 0.00 |
| Exchange Rate Effect | -0.02 | -0.23 | 0.20 | - | 0.08 | - | - |
| Net Change in Cash | -0.46 | -3.48 | -15.27 | -0.07 | -13.31 | 0.50 | 0.00 |
| Free Cash Flow | -16.57 | -19.39 | -31.11 | -0.73 | -22.90 | -1.07 | 0.00 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | -1.92 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 7.74 | 12.91 | 17.11 | 4.67 | 8.20 | 12.96 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 1.99 | 1.60 | 1.67 | 1.55 | 1.84 | 2.31 |
| Other Current Assets | 0.96 | 1.34 | 1.30 | 1.92 | 2.19 | 2.10 |
| Total Current Assets | 10.69 | 15.86 | 20.08 | 8.14 | 12.23 | 17.37 |
| Net Property, Plant & Equipment | 2.26 | 2.52 | 2.23 | 2.46 | 2.70 | 3.02 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 20.94 | 20.94 | 20.94 | 20.94 | 20.94 | 20.94 |
| Deferred Tax Assets | - | - | 1.98 | - | - | - |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Total Assets | 33.88 | 39.31 | 45.23 | 31.55 | 35.88 | 41.34 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.23 | 0.23 | 0.15 | 0.18 | 0.20 | 0.26 |
| Accounts Payable | 0.70 | 1.22 | 1.08 | 1.02 | 1.31 | 2.65 |
| Other Current Liabilities | 6.63 | 7.13 | 7.00 | 8.50 | 3.36 | 3.10 |
| Total Current Liabilities | 7.56 | 8.57 | 8.23 | 9.70 | 4.88 | 6.01 |
| Long Term Debt | 25.77 | 23.86 | 21.60 | 21.79 | 17.57 | 18.32 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 0.88 | 0.88 | 2.86 | 0.88 | 0.88 | 0.88 |
| Other Liabilities | 0.08 | 0.26 | 0.13 | 0.49 | 3.87 | 3.73 |
| Total Liabilities | 34.30 | 33.58 | 32.83 | 32.86 | 27.21 | 28.94 |
| 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 | -0.41 | 5.72 | 12.40 | -1.31 | 8.67 | 12.40 |
| Total Shareholders Equity | -0.41 | 5.72 | 12.40 | -1.31 | 8.67 | 12.40 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | -0.41 | 5.72 | 12.40 | -1.31 | 8.67 | 12.40 |
| Total Liabilities & Stockholders Equity | 33.88 | 39.31 | 45.23 | 31.55 | 35.88 | 41.34 |
| Book Value Per Share | -0.56 | 7.73 | 16.75 | -2.56 | 16.90 | 24.18 |
| Tangible Book Value Per Share | -28.84 | -20.55 | -11.53 | -43.39 | -23.93 | -16.65 |
| Full-Time Employees | - | - | 41 | - | - | - |
| Price to Book Ratio | -3.28 | 4.46 | 1.86 | -22.74 | 2.31 | 1.00 |
| Return on Assets | -77.80 | -60.43 | -52.57 | -114.09 | -335.23 | -190.17 |
| Return on Equity | -657.76 | -268.88 | -155.25 | -210.36 | - | -428.31 |
| Return on Invested Capital | -26.49 | -23.64 | -9.72 | -49.42 | -15.04 | -25.11 |
| Quick Ratio | 1.15 | 1.66 | 2.24 | 0.68 | 2.13 | 2.51 |
| Current Ratio | 1.41 | 1.85 | 2.44 | 0.84 | 2.50 | 2.89 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -6.72 | -7.00 | -3.31 | -10.12 | -3.95 | -7.71 |
| Depreciation | 0.20 | 0.21 | 0.24 | 0.19 | 0.27 | 0.27 |
| Other Funds (Non Cash) | 1.46 | 1.58 | -0.88 | 4.38 | -1.05 | -0.01 |
| Funds from Operations | -5.06 | -5.20 | -3.95 | -5.54 | -4.73 | -7.45 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.20 | 1.07 | -0.19 | 2.54 | 0.07 | 0.24 |
| Cash from Operating Activities | -5.26 | -4.13 | -4.14 | -3.01 | -4.66 | -7.21 |
| Capital Expenditures | -0.01 | -0.00 | 0.49 | -0.52 | -0.01 | -0.34 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | -0.01 | -0.00 | 0.49 | -0.52 | -0.01 | -0.34 |
| 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 | 0.00 | 0.00 | 16.13 | 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 | 0.00 | 0.00 | 16.13 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 0.00 | 0.00 | 16.13 | 0.00 | 0.00 | 0.00 |
| Exchange Rate Effect | 0.10 | -0.07 | -0.06 | 0.00 | -0.10 | -0.08 |
| Net Change in Cash | -5.17 | -4.20 | 12.43 | -3.53 | -4.76 | -7.62 |
| Free Cash Flow | -5.27 | -4.13 | -3.65 | -3.53 | -4.67 | -7.55 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 0.57% | 0.0M | 0.9M | 318.22K |
| 2026-10-15 | 0.49% | 0.0M | 0.9M | 313.66K |
| 2026-09-30 | 5.90% | 0.0M | 0.7M | 294.54K |
| 2026-09-15 | 1.89% | 0.0M | 0.7M | 272.83K |
| 2026-08-31 | 1.19% | 0.0M | 0.7M | 268.17K |
| 2026-08-14 | 1.49% | 0.0M | 0.7M | 271.38K |
| 2026-07-31 | 0.27% | 0.0M | 0.7M | 3.04K |
| 2026-07-15 | 0.29% | 0.0M | 0.7M | 3.38K |
| 2026-06-30 | 0.28% | 0.0M | 0.7M | 4.66K |
| 2026-06-15 | 0.32% | 0.0M | 0.7M | 4.64K |
| 2026-05-29 | 0.29% | 0.0M | 0.7M | 4.43K |
| 2026-05-15 | 0.19% | 0.0M | 0.7M | 3.70K |
| 2026-04-30 | 0.29% | 0.0M | 0.7M | 3.74K |
| 2026-04-15 | 0.23% | 0.0M | 0.7M | 3.26K |
| 2026-03-31 | 0.11% | 0.0M | 0.7M | 2.40K |
| 2026-03-13 | 0.07% | 0.0M | 0.7M | 4.38K |
| 2026-02-27 | 0.36% | 0.0M | 0.7M | 5.06K |
| 2026-02-13 | 0.36% | 0.0M | 0.7M | 5.40K |
| 2026-01-30 | 0.27% | 0.0M | 0.7M | 5.43K |
| 2026-01-15 | 0.28% | 0.0M | 0.7M | 5.68K |
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 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-11-10 | SEC |
| 2026-11-05 | 8-K | Current report | 2026-11-04 | SEC |
| 2026-10-26 | 8-K | Current report | 2026-10-23 | SEC |
| 2026-10-13 | 4 | Statement of changes in beneficial ownership of securities | 2024-09-27 | SEC |
| 2026-10-13 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-23 | SEC |
| 2026-10-01 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-01 | SEC |
| 2026-10-01 | 8-K | Current report | 2026-09-25 | SEC |
| 2026-09-23 | 8-K | Current report | 2026-09-23 | SEC |
| 2026-08-14 | SCHEDULE 13G/A | SEC | ||
| 2026-08-14 | 8-K | Current report | 2026-08-13 | SEC |
| 2026-08-13 | 8-K | Current report | 2026-08-13 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-16 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-16 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-16 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-16 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-16 | SEC |
| 2026-08-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-16 | SEC |
| 2026-08-11 | 8-K | Current report | 2026-08-11 | SEC |
| 2026-08-11 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-28 | SCHEDULE 13G/A | SEC | ||
| 2026-07-13 | 10-K/A | 2025-12-31 | SEC | |
| 2026-06-16 | 8-K | Current report | 2026-06-16 | SEC |
| 2026-06-12 | 8-K | Current report | 2026-06-12 | SEC |
| 2026-05-21 | 8-K | Current report | 2026-05-21 | SEC |
| 2026-05-15 | SCHEDULE 13G/A | SEC | ||
| 2026-05-13 | SCHEDULE 13G/A | SEC | ||
| 2026-05-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-12 | 8-K | Current report | 2026-05-12 | SEC |
| 2026-04-30 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-04-30 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-06-16 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 |
| 2025-12 | 243.95K | 2 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| PERCEPTIVE ADVISORS LLC | 44.47% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 5.67% |
| ADAR1 Capital Management, LLC | 5.43% |
| Alyeska Investment Group, L.P. | 5.22% |
| Sio Capital Management, LLC | 3.15% |
| GEODE CAPITAL MANAGEMENT, LLC | 2.98% |
| SILVERARC CAPITAL MANAGEMENT, LLC | 1.01% |
| Shaolin Capital Management LLC | 0.77% |
| VANGUARD CAPITAL MANAGEMENT LLC | 0.49% |
| Affinity Asset Advisors, LLC | 0.36% |
Funds
| Fund | % owned |
|---|---|
| Fidelity Nasdaq Composite Index Fund | 2.59% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.41% |
| Fidelity Extended Market Index Fund | 0.23% |
| Fidelity Total Market Index Fund | 0.08% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 0.08% |
| Fidelity Series Total Market Index Fund | 0.05% |
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