Aktis Oncology Inc
AKTSHealthcare·Biotechnology·USA·Small·NASD·Nov 11 • 3:59 PM ET
17.04-0.41 (-2.35%)
2026-11-12 03:36 CET
Market cap
947.76 USD m
Revenue, TTM
3.38 USD m
Net income, TTM
-24.14 USD m
Free cash flow, TTM
-21.85 USD m
EPS diluted, TTM
-0.44
P/E
-
Price
AKTS against its 20, 50 and 200-day averages2050200beat
50.2% under the 52-week high of 34.19 on 30 Jun 2026. 52-week low 13.96 on 2 Nov 2026. Last 15 sessions, 28.0% high to low
Volume 0.45× normal · the line is the 50-bar volume average
Profile
AKTS52-week range, 15% of the way up
13.9634.19
Aktis Oncology, Inc. is a clinical-stage oncology company focused on expanding the breakthrough potential of targeted radiopharmaceuticals to large patient populations, including those not addressed by existing platform technologies. The company was founded by Todd Foley, Patrick Baeuerle and Brian Goodman in August 2020 and is headquartered in Boston, MA.
| Index | RUT |
|---|---|
| Employees | 79 |
| IPO | Jan 09, 2026 |
| ATR, 14d | 1.09 |
| Rel volume | 0.45 |
| Short float | 14.05% |
| Insider own | 43.37% |
| Inst own | 43.25% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 947.76M |
| Enterprise Value | 441.68M |
| Income | - |
| Sales | - |
| Book/sh | 8.76 |
| Cash/sh | 9.30 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 79 |
| IPO | Jan 09, 2026 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 1.94 |
| P/C | 1.83 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 16.33 |
| Current Ratio | 16.33 |
| Debt/Eq | 0.02 |
| LT Debt/Eq | 0.02 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | - |
|---|---|
| EPS next Y | -2.25 |
| EPS next Q | -0.46 |
| EPS this Y | 97.72% |
| EPS next Y | -26.15% |
| EPS next 5Y | 68.48% |
| EPS past 3/5Y | -47.94% - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | - |
| Sales Y/Y TTM | - |
| EPS Q/Q | -55.52% |
| Sales Q/Q | 133.86% |
| Earnings | Aug 13 AMC |
| EPS/Sales Surpr. | -0.19% 25.44% |
Ownership
| Insider Own | 43.37% |
|---|---|
| Insider Trans | -0.50% |
| Inst Own | 43.25% |
| Inst Trans | -0.74% |
| ROA | - |
| ROE | - |
| ROIC | - |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | 6.76% |
| SMA50 | -10.11% |
| SMA200 | -18.13% |
| Trades | - |
Technical
| Shs Outstand | 53.45M |
|---|---|
| Shs Float | 31.50M |
| Short Float | 14.05% |
| Short Ratio | 11.48 |
| Short Interest | 4.43M |
| 52W High | 34.19 -50.16% |
| 52W Low | 13.96 22.06% |
| Volatility | 7.11% 6.86% |
| ATR (14) | 1.09 |
| RSI (14) | 50.89 |
| Beta | - |
| Rel Volume | 0.45 |
| Avg Volume | 385.54K |
| Volume | 173,983 |
Performance
| Perf Week | 12.11% |
|---|---|
| Perf Month | 2.40% |
| Perf Quarter | -28.37% |
| Perf Half Y | -12.75% |
| Perf YTD | -36.89% |
| Perf Year | - |
| Perf 3Y | - |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 36.00 |
| Prev Close | 17.45 |
| Price | 17.04 |
| Change % | -2.35% |
Analyst ratings
latest 10 of 10| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Sep 09, 2026 | Initiated | OOppenheimer | Outperform | $40 | +134.7% |
| Aug 19, 2026 | Initiated | WWedbush | Outperform | $35 | +105.4% |
| Aug 19, 2026 | Initiated | BBMO Capital Markets | Outperform | $37 | +117.1% |
| Jun 16, 2026 | Initiated | RRaymond James | Strong Buy | $40 | +134.7% |
| Apr 29, 2026 | Initiated | WWilliam Blair | Outperform | ||
| Mar 09, 2026 | Initiated | HH.C. Wainwright | Buy | $30 | +76.1% |
| Feb 03, 2026 | Initiated | TTD Cowen | Buy | ||
| Feb 03, 2026 | Initiated | LLeerink Partners | Outperform | $31 | +81.9% |
| Feb 03, 2026 | Initiated | JJP Morgan | Overweight | $30 | +76.1% |
| Feb 03, 2026 | Initiated | BBofA Securities | Buy | $34 | +99.5% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| TLX | Telix Pharmaceuticals Ltd ADR | 3.31B |
| CATX | Perspective Therapeutics Inc | 99.65M |
| DRTS | Alpha Tau Medical Ltd | 1.30B |
| LNTH | Lantheus Holdings Inc | 6.64B |
| NVS | Novartis AG ADR | 293.47B |
| BCAX | Bicara Therapeutics Inc | 699.06M |
| BMY | Bristol-Myers Squibb Co | 128.59B |
| RADX | Radiopharm Theranostics Ltd ADR | 12.87M |
| LLY | Lilly(Eli) & Co | 1352.12B |
| AZN | Astrazeneca plc | 287.66B |
Insider trading
latest 14 of 21| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Czibere Akos | Chief Medical Officer | Sep 23 '26 | Option Exercise | 4.95 | 12,500 | 61,875 | 12,500 | Sep 24 04:05 PM |
| Czibere Akos | Chief Medical Officer | Sep 23 '26 | Sale | 20.69 | 12,500 | 258,621 | 0 | Sep 24 04:05 PM |
| Akos Czibere | Officer | Sep 23 '26 | Proposed Sale | 22.11 | 25,000 | 552,750 | Sep 23 04:20 PM | |
| Herrmann Ken | Director | Jul 20 '26 | Option Exercise | 0.59 | 4,856 | 2,859 | 4,856 | Jul 21 08:50 PM |
| Herrmann Ken | Director | Jul 20 '26 | Sale | 24.56 | 4,856 | 119,274 | 0 | Jul 21 08:50 PM |
| Herrmann Ken | Director | Jul 17 '26 | Option Exercise | 0.08 | 3,065 | 245 | 3,065 | Jul 20 05:34 PM |
| Herrmann Ken | Director | Jul 17 '26 | Sale | 25.21 | 3,065 | 77,259 | 0 | Jul 20 05:34 PM |
| KEN HERRMANN | Director | Jul 20 '26 | Proposed Sale | 24.56 | 4,856 | 119,275 | Jul 20 04:51 PM | |
| KEN HERRMANN | Director | Jul 17 '26 | Proposed Sale | 25.21 | 3,065 | 77,259 | Jul 17 05:26 PM | |
| Ron-Bigger Shulamit | Chief Operating Officer | Jul 08 '26 | Option Exercise | 3.66 | 50,000 | 183,000 | 50,000 | Jul 10 06:11 AM |
| Ron-Bigger Shulamit | Chief Operating Officer | Jul 08 '26 | Sale | 27.75 | 50,000 | 1,387,558 | 0 | Jul 10 06:11 AM |
| Czibere Akos | Chief Medical Officer | Jul 08 '26 | Option Exercise | 4.95 | 50,000 | 247,500 | 50,000 | Jul 10 06:10 AM |
| Czibere Akos | Chief Medical Officer | Jul 08 '26 | Sale | 27.77 | 50,000 | 1,388,701 | 0 | Jul 10 06:10 AM |
| AKOS CZIBERE | Officer | Jul 08 '26 | Proposed Sale | 27.77 | 50,000 | 1,388,700 | Jul 08 04:28 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| XBI | State Street SPDR S&P Biotech ETF | AUM: 10.50B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.25B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| YALL | Truth Social God Bless America ETF | AUM: 77.70M |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | AUM: 95.28B |
News
latest 14 of 50- Aktis Oncology Initiates Second Phase 1b Clinical Trial for AKY-2519, a Miniprotein Radioconjugate Targeting B7-H3 (GlobeNewswire)
- Aktis Oncology to Present at Upcoming September Investor Conferences (GlobeNewswire)
- Aktis: Q2 Earnings Snapshot (Associated Press)
- Aktis Oncology Reports Financial Results and Business Highlights for the Second Quarter 2026 (GlobeNewswire)
- Aktis Oncology to Present at the Jefferies Global Healthcare Conference (GlobeNewswire)
- Aktis Oncology Reports First-in-Human Clinical Imaging and Dosimetry Data for AKY-2519 Demonstrating Robust Tumor Uptake and Limited Normal Tissue Exposures in Patients with B7-H3 Expressing Tumors (GlobeNewswire) +6.38%
- Aktis: Q1 Earnings Snapshot (Associated Press) +7.99%
- Aktis Oncology Reports Financial Results and Business Highlights for First Quarter 2026 (GlobeNewswire)
- Aktis Oncology to Present at the BofA Securities Health Care Conference (GlobeNewswire)
- Aktis Oncology Initiates Phase 1b Clinical Trial for AKY-2519, a B7-H3 Miniprotein Radioconjugate, in Metastatic Castration-Resistant Prostate Cancer (mCRPC) (GlobeNewswire)
- Aktis Oncology Announces Presentation of First Clinical Imaging and Dosimetry Data for AKY-2519 at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting (GlobeNewswire) +7.32%
- Aktis Oncology Appoints Industry Research and Development Veteran Glenn Gormley, MD, PhD to its Board of Directors (GlobeNewswire)
- Aktis Oncology Announces FDA Clearance of Investigational New Drug Applications for AKY-2519 and Provides Business Updates and Full Year 2025 Financial Results (GlobeNewswire) +8.89% +8.16%
- Aktis Oncology Details Radiopharma Expansion, Fast Track Win for AKY-1189 at TD Cowen Conference (MarketBeat)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-13 | -0.432 | -0.431 | -0.432 | 3.38 | 2.70 | 7 |
| 2026Q1 | 2026-05-11 | -0.379 | -0.362 | -0.332 | 3.23 | 1.93 | 5 |
| 2025Q4 | 2026-02-25 | -18.190 | -21.593 | -0.284 | 1.76 | 3.28 | 3 |
| 2025Q3 | 2025-12-03 | -60.170 | - | -1.910 | 4.63 | - | - |
| 2026Q3 | - | - | -0.460 | - | - | 4.02 | 9 |
| 2026Q4 | - | - | -0.493 | - | - | 5.89 | 9 |
| 2027Q1 | - | - | -0.584 | - | - | 1.71 | 6 |
| 2027Q2 | - | - | -0.605 | - | - | 1.69 | 6 |
| 2027Q3 | - | - | -0.638 | - | - | 1.66 | 6 |
| 2027Q4 | - | - | -0.674 | - | - | 1.67 | 6 |
| 2028Q1 | - | - | -0.851 | - | - | 2.88 | 3 |
| 2028Q2 | - | - | -0.866 | - | - | 2.86 | 3 |
| 2028Q3 | - | - | -0.861 | - | - | 2.85 | 3 |
| 2028Q4 | - | - | -0.855 | - | - | 2.86 | 3 |
| 2029Q1 | - | - | -0.962 | - | - | 2.72 | 1 |
| 2029Q2 | - | - | -0.989 | - | - | 2.71 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -78.340 | -55.160 | -78.340 | 6.37 | 7.27 |
| 2026FY | - | -1.783 | - | - | 15.35 |
| 2027FY | - | -2.249 | - | - | 13.67 |
| 2028FY | - | -2.452 | - | - | 9.82 |
| 2029FY | - | -3.235 | - | - | 7.93 |
| 2030FY | - | -2.743 | - | - | 96.28 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-10-28 | 8 | 1 | 0 | 4.02 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-10-09 | 8 | 3 | 1 | 4.02 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-09-29 | 8 | 2 | 2 | 3.83 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-09-09 | 8 | 2 | 1 | 3.89 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-09-04 | 9 | 2 | 1 | 3.74 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-08-18 | 8 | 2 | 1 | 3.87 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-08-15 | 7 | 2 | 1 | 4.07 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-08-14 | 7 | 3 | 1 | 4.07 | 0.00 | 15.00 |
| 2026Q3 | S | 2026-08-13 | 7 | 2 | 0 | 2.21 | 0.00 | 5.50 |
| 2026Q3 | S | 2026-08-12 | 7 | 1 | 1 | 2.14 | 0.00 | 5.50 |
| 2026Q3 | S | 2026-07-22 | 7 | 2 | 1 | 2.14 | 0.00 | 5.50 |
| 2026Q3 | S | 2026-07-13 | 7 | 3 | 1 | 2.14 | 0.00 | 5.50 |
| 2026Q3 | S | 2026-07-10 | 7 | 3 | 0 | 2.21 | 0.00 | 5.50 |
| 2026Q3 | S | 2026-06-12 | 6 | 3 | 0 | 2.08 | 0.00 | 5.50 |
Estimate history
| EPS, annual | -0.545 | -0.837 | -1.193 | |||
|---|---|---|---|---|---|---|
| Period | 2023 | 2024 | 2025 | |||
| EPS, quarterly | -0.23 | -0.281 | -0.327 | -0.284 | -0.332 | -0.436 |
| Period | Q4 '24 | Q1 '25 | Q2 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 0 | 1.487 | 6.497 | |||
| Period | 2023 | 2024 | 2025 | |||
| Sales, quarterly | 0.933 | 1.447 | 1.601 | 1.87 | 3.227 | 3.384 |
| Period | Q4 '24 | Q1 '25 | Q2 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 52.522 | 52.522 | 53.403 | 55.319 | ||
| Period | 2023 | 2024 | 2025 | MRQ | ||
| Shares, quarterly | 52.522 | 53.403 | 55.319 | 53.403 | 55.276 | 55.319 |
| Period | Q4 '24 | Q1 '25 | Q2 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Total Revenue | 3.38 | 6.50 | 1.49 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.88 | 2.33 | 1.57 | 1.12 |
| Gross Profit | 2.50 | 4.17 | -0.09 | -1.12 |
| Selling, General and Administrative Excl. Other | 31.40 | 78.85 | 51.96 | 33.67 |
| Research and Development | 25.28 | 65.12 | 39.38 | 24.80 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -28.90 | -74.68 | -52.05 | -34.79 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 0.00 | 0.00 | 0.01 | -0.80 |
| Net Income Before Taxes | -24.14 | -63.73 | -43.98 | -28.64 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -24.14 | -63.73 | -43.98 | -28.64 |
| Net Income From Continuing Operations | -24.14 | -63.73 | -43.98 | -28.64 |
| Net Income | -24.14 | -63.73 | -43.98 | -28.64 |
| EPS (Recurring) | -0.44 | -1.19 | -0.84 | -0.56 |
| EPS (Basic, Before Extraordinaries) | -0.44 | -1.19 | -0.84 | -0.55 |
| EPS (Diluted) | -0.44 | -1.19 | -0.84 | -0.55 |
| EBITDA | -28.02 | -72.36 | -50.48 | -33.67 |
| Non-Operating Income (Expense) | 4.75 | 10.95 | 8.08 | 5.35 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 3.22 | 5.13 | 2.26 | 1.48 |
| Gross Margin | - | 64.15 | -5.92 | - |
| Operating Margin | - | -1,149.52 | -3,500.34 | - |
| Net Margin | - | -980.93 | -2,957.63 | - |
| Shares Outstanding | 55.32 | 53.40 | 52.52 | 52.52 |
| Market Capitalization | 947.76 | 947.76 | - | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|
| Total Revenue | 3.38 | 3.23 | 1.87 | 1.60 | 1.45 | 0.93 |
| Cost of Goods Sold Incl. D&A | 0.88 | 0.65 | 0.69 | 0.55 | 0.48 | 0.44 |
| Gross Profit | 2.50 | 2.58 | 1.18 | 1.05 | 0.96 | 0.49 |
| Selling, General and Administrative Excl. Other | 31.40 | 25.28 | 18.55 | 22.01 | 19.11 | 16.13 |
| Research and Development | 25.28 | 20.04 | 15.80 | 18.63 | 15.86 | 12.16 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -28.90 | -22.71 | -17.38 | -20.96 | -18.14 | -15.63 |
| Interest Expense | 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 |
| Net Income Before Taxes | -24.14 | -18.32 | -15.14 | -18.07 | -14.98 | -12.06 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -24.14 | -18.32 | -15.14 | -18.07 | -14.98 | -12.06 |
| Net Income From Continuing Operations | -24.14 | -18.32 | -15.14 | -18.07 | -14.98 | -12.06 |
| Net Income | -24.14 | -18.32 | -15.14 | -18.07 | -14.98 | -12.06 |
| EPS (Recurring) | -0.44 | -0.33 | -0.28 | -0.33 | -0.28 | -0.23 |
| EPS (Basic, Before Extraordinaries) | -0.44 | -0.33 | -0.28 | -0.33 | -0.28 | -0.23 |
| EPS (Diluted) | -0.44 | -0.33 | -0.28 | -0.33 | -0.28 | -0.23 |
| EBITDA | -28.02 | -22.05 | -16.68 | -20.41 | -17.66 | -15.19 |
| Non-Operating Income (Expense) | 4.75 | 4.38 | 2.24 | 2.89 | 3.16 | 3.58 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 3.22 | 3.02 | 1.10 | 1.52 | 1.24 | 1.05 |
| Gross Margin | 74.02 | 79.80 | 62.83 | 65.52 | 66.55 | 52.73 |
| Operating Margin | -853.99 | -703.63 | -929.14 | -1,309.37 | -1,253.84 | -1,675.78 |
| Net Margin | -713.48 | -567.86 | -809.52 | -1,128.98 | -1,035.59 | -1,292.18 |
| Shares Outstanding | 55.32 | 55.28 | 53.40 | 55.32 | 53.40 | 52.52 |
| Market Capitalization | 947.76 | 986.99 | 912.51 | - | - | - |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY |
|---|---|---|---|
| Cash & Short Term Investments | 226.79 | 297.17 | 97.86 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 3.52 | 3.69 | 2.34 |
| Total Current Assets | 230.31 | 300.85 | 100.20 |
| Net Property, Plant & Equipment | 27.25 | 20.87 | 20.92 |
| Total Investments and Advances | 1.15 | 1.15 | 1.15 |
| Deferred Tax Assets | 5.12 | 5.05 | 4.08 |
| Other Assets | 6.18 | 3.31 | 0.08 |
| Total Assets | 270.01 | 331.23 | 126.43 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.31 | 1.30 | 1.53 |
| Accounts Payable | 1.74 | 1.92 | 0.96 |
| Other Current Liabilities | 28.18 | 15.61 | 3.75 |
| Total Current Liabilities | 31.24 | 18.82 | 6.24 |
| Long Term Debt | 10.23 | 10.71 | 11.87 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 5.12 | 5.05 | 4.08 |
| Other Liabilities | 36.16 | 51.04 | 0.50 |
| Total Liabilities | 82.75 | 85.62 | 22.69 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 333.41 | 333.41 | 150.05 |
| Common Equity | -146.15 | -87.80 | -46.31 |
| Total Shareholders Equity | 187.26 | 245.61 | 103.74 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 |
| Total Equity | 187.26 | 245.61 | 103.74 |
| Total Liabilities & Stockholders Equity | 270.01 | 331.23 | 126.43 |
| Book Value Per Share | -2.74 | -1.67 | -0.88 |
| Tangible Book Value Per Share | -2.74 | -1.67 | -0.88 |
| Full-Time Employees | 79 | - | - |
| Price to Book Ratio | 1.94 | - | - |
| Return on Assets | -21.20 | -19.22 | - |
| Return on Equity | -29.45 | -25.18 | - |
| Return on Invested Capital | -32.27 | -17.16 | -24.77 |
| Quick Ratio | 7.37 | 15.98 | 16.07 |
| Current Ratio | 7.37 | 15.98 | 16.07 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Net Income | -24.14 | -63.73 | -43.98 | -28.64 |
| Depreciation | 0.88 | 2.33 | 1.57 | 1.12 |
| Other Funds (Non Cash) | 2.19 | 0.51 | -1.81 | -2.47 |
| Funds from Operations | -21.08 | -60.90 | -44.22 | -29.99 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.49 | -3.23 | 58.98 | -0.01 |
| Cash from Operating Activities | -20.59 | -64.13 | 14.76 | -30.00 |
| Capital Expenditures | -1.26 | -9.58 | -2.86 | -3.76 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.06 |
| Purchase or Sale of Investments | -267.45 | 75.55 | -187.54 | -65.12 |
| Purchase of Investments | -300.45 | -193.87 | -288.40 | -145.81 |
| Sale Or Maturity of Investments | 33.00 | 269.42 | 100.86 | 80.69 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -268.71 | 65.96 | -190.40 | -68.83 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | - | - | - |
| Change in Capital Stock | 0.16 | 0.34 | 184.83 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.16 | 0.34 | 184.83 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 184.65 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | -1.55 | -1.55 | 0.00 |
| Other Financing Activities Uses | 0.00 | -1.55 | -1.55 | 0.00 |
| Cash from Financing Activities | 0.16 | -1.21 | 183.28 | 0.00 |
| Net Change in Cash | -289.14 | 0.62 | 7.65 | -98.83 |
| Free Cash Flow | -21.85 | -73.71 | 11.90 | -33.77 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 517.32 | 538.48 | 226.79 | - | - | 297.17 |
| Short Term Receivables | 2.30 | 2.20 | 0.00 | - | - | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Other Current Assets | 4.92 | 3.26 | 3.52 | - | - | 3.69 |
| Total Current Assets | 524.54 | 543.94 | 230.31 | - | - | 300.85 |
| Net Property, Plant & Equipment | 28.20 | 28.11 | 27.25 | - | - | 20.87 |
| Total Investments and Advances | 1.15 | 1.15 | 1.15 | - | - | 1.15 |
| Deferred Tax Assets | - | - | 5.12 | - | - | 5.05 |
| Other Assets | 3.71 | 3.60 | 6.18 | - | - | 3.31 |
| Total Assets | 557.60 | 576.80 | 270.01 | - | - | 331.23 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.48 | 1.43 | 1.31 | - | - | 1.30 |
| Accounts Payable | 2.53 | 1.23 | 1.74 | - | - | 1.92 |
| Other Current Liabilities | 28.12 | 25.26 | 28.18 | - | - | 15.61 |
| Total Current Liabilities | 32.13 | 27.91 | 31.24 | - | - | 18.82 |
| Long Term Debt | 9.76 | 10.15 | 10.23 | - | - | 10.71 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Deferred Tax Liabilities | - | - | 5.12 | - | - | 5.05 |
| Other Liabilities | 30.87 | 32.63 | 36.16 | - | - | 51.04 |
| Total Liabilities | 72.76 | 70.69 | 82.75 | - | - | 85.62 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 333.41 | - | - | 333.41 |
| Common Equity | 484.84 | 506.11 | -146.15 | - | - | -87.80 |
| Total Shareholders Equity | 484.84 | 506.11 | 187.26 | - | - | 245.61 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Total Equity | 484.84 | 506.11 | 187.26 | - | - | 245.61 |
| Total Liabilities & Stockholders Equity | 557.60 | 576.80 | 270.01 | - | - | 331.23 |
| Book Value Per Share | 8.76 | 9.16 | -2.74 | - | - | -1.67 |
| Tangible Book Value Per Share | 8.76 | 9.16 | -2.74 | - | - | -1.67 |
| Full-Time Employees | - | - | 79 | - | - | - |
| Price to Book Ratio | 1.94 | -6.54 | -6.04 | - | - | - |
| Return on Invested Capital | -4.88 | -3.55 | -7.67 | - | - | -4.70 |
| Quick Ratio | 16.33 | 19.49 | 7.37 | - | - | 15.98 |
| Current Ratio | 16.33 | 19.49 | 7.37 | - | - | 15.98 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|
| Net Income | -24.14 | -18.32 | - | -18.07 | -14.98 | - |
| Depreciation | 0.88 | 0.65 | - | 0.55 | 0.48 | - |
| Other Funds (Non Cash) | 2.19 | 2.49 | - | 0.20 | -0.62 | - |
| Funds from Operations | -21.08 | -15.18 | - | -17.32 | -15.12 | - |
| Extraordinary Item | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Changes in Working Capital | 0.49 | -9.06 | - | 1.14 | -2.36 | - |
| Cash from Operating Activities | -20.59 | -24.24 | - | -16.18 | -17.48 | - |
| Capital Expenditures | -1.26 | -1.85 | - | -1.53 | -1.89 | - |
| 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 | -267.45 | 22.39 | - | 69.68 | 40.93 | - |
| Purchase of Investments | -300.45 | 0.00 | - | 0.00 | -10.82 | - |
| Sale Or Maturity of Investments | 33.00 | 22.39 | - | 69.68 | 51.75 | - |
| Other Uses | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Other Sources | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Cash from Investing Activities | -268.71 | 20.54 | - | 68.14 | 39.04 | - |
| Cash Dividends Paid | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Change in Capital Stock | 0.16 | 337.55 | - | 0.00 | -0.47 | - |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Sale of Common Pref Stock | 0.16 | 337.55 | - | 0.00 | -0.47 | - |
| Proceedsfrom Stock Options | 0.00 | 337.52 | - | 0.00 | -0.52 | - |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Change in Long Term Debt | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Issuance of Long Term Debt | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Reduction of Long Term Debt | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Other Financing Activities Uses | 0.00 | 0.00 | - | 0.00 | 0.00 | - |
| Cash from Financing Activities | 0.16 | 337.55 | - | 0.00 | -0.47 | - |
| Net Change in Cash | -289.14 | 333.85 | - | 51.97 | 21.09 | - |
| Free Cash Flow | -21.85 | -26.10 | - | -17.71 | -19.38 | - |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 14.05% | 4.4M | 31.5M | 360.11K |
| 2026-10-15 | 13.69% | 4.3M | 31.5M | 358.91K |
| 2026-09-30 | 14.97% | 4.7M | 31.5M | 392.74K |
| 2026-09-15 | 10.33% | 3.3M | 31.5M | 391.18K |
| 2026-08-31 | 10.08% | 3.2M | 31.5M | 385.01K |
| 2026-08-14 | 10.99% | 3.4M | 31.4M | 360.07K |
| 2026-07-31 | 10.92% | 3.5M | 31.8M | 347.52K |
| 2026-07-15 | 11.77% | 3.7M | 31.8M | 346.52K |
| 2026-06-30 | 10.40% | 3.3M | 31.8M | 308.32K |
| 2026-06-15 | 9.17% | 2.9M | 31.8M | 326.15K |
| 2026-05-29 | 8.39% | 2.7M | 31.8M | 319.40K |
| 2026-05-15 | 7.95% | 2.5M | 31.8M | 326.29K |
| 2026-04-30 | 8.79% | 2.6M | 29.3M | 346.98K |
| 2026-04-15 | 8.35% | 2.3M | 28.1M | 352.70K |
| 2026-03-31 | 8.27% | 2.3M | 28.1M | 423.79K |
| 2026-03-13 | 4.02% | 1.2M | 29.0M | 327.33K |
| 2026-02-27 | 3.63% | 1.0M | 27.6M | 361.94K |
| 2026-02-13 | 3.33% | 0.9M | 27.6M | 422.21K |
| 2026-01-30 | 0.70% | 0.2M | 28.0M | 527.58K |
| 2026-01-15 | 0.17% | 0.0M | 28.0M | 1.01M |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 10.00 | 5.70 | 9.50 | 0.00 | 6.679 | 0.00 | 0.00 | 0.877 | -0.331 | 0.005 |
| call | 12.50 | 3.00 | 7.00 | 0.00 | 4.902 | 0.00 | 0.00 | 0.810 | -0.332 | 0.007 |
| call | 15.00 | 1.20 | 5.00 | 2.00 | 3.979 | 520 | 0.00 | 0.730 | -0.305 | 0.009 |
| call | 17.50 | 0.30 | 4.90 | 1.24 | 4.894 | 6.00 | 0.00 | 0.630 | -0.269 | 0.010 |
| call | 20.00 | 0.00 | 4.90 | 0.40 | 5.637 | 115 | 0.00 | 0.601 | -0.327 | 0.010 |
| call | 22.50 | 0.00 | 4.90 | 0.00 | 6.098 | 0.00 | 0.00 | 0.578 | -0.362 | 0.011 |
| call | 25.00 | 0.00 | 4.90 | 0.00 | 6.425 | 0.00 | 0.00 | 0.559 | -0.389 | 0.011 |
| call | 30.00 | 0.00 | 1.15 | 0.00 | 3.377 | 0.00 | 0.00 | 0.225 | -0.153 | 0.008 |
| call | 35.00 | 0.00 | 4.90 | 0.00 | 7.879 | 0.00 | 0.00 | 0.525 | -0.475 | 0.011 |
| put | 10.00 | 0.00 | 4.90 | 0.00 | 10.942 | 0.00 | 0.00 | -0.118 | -0.326 | 0.005 |
| put | 12.50 | 0.00 | 4.90 | 0.00 | 8.265 | 0.00 | 0.00 | -0.182 | -0.329 | 0.007 |
| put | 15.00 | 0.00 | 4.90 | 1.20 | 6.141 | 64.00 | 0.00 | -0.270 | -0.304 | 0.009 |
| put | 17.50 | 0.30 | 4.90 | 0.00 | 4.452 | 0.00 | 0.00 | -0.370 | -0.267 | 0.010 |
| put | 20.00 | 1.20 | 5.50 | 4.50 | 3.399 | 0.00 | 0.00 | -0.399 | -0.325 | 0.010 |
| put | 22.50 | 3.00 | 7.50 | 0.00 | 3.521 | 0.00 | 0.00 | -0.421 | -0.363 | 0.010 |
| put | 25.00 | 5.50 | 10.00 | 9.10 | 4.004 | 0.00 | 0.00 | -0.438 | -0.395 | 0.010 |
| put | 30.00 | 10.50 | 14.50 | 0.00 | 4.240 | 0.00 | 0.00 | -0.749 | -0.177 | 0.008 |
| put | 35.00 | 15.50 | 19.50 | 0.00 | 4.815 | 0.00 | 0.00 | -0.769 | -0.194 | 0.008 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-09-24 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-23 | SEC |
| 2026-09-23 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-13 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-13 | 8-K | Current report | 2026-08-13 | SEC |
| 2026-07-21 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-20 | SEC |
| 2026-07-20 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-07-20 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-17 | SEC |
| 2026-07-17 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-07-10 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-08 | SEC |
| 2026-07-10 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-08 | SEC |
| 2026-07-08 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-07-08 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-05-14 | SCHEDULE 13G | SEC | ||
| 2026-05-11 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-11 | 8-K | Current report | 2026-05-11 | SEC |
| 2026-04-16 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-15 | SEC |
| 2026-04-16 | 3 | Initial statement of beneficial ownership of securities | 2026-04-15 | SEC |
| 2026-04-16 | 8-K | Current report | 2026-04-15 | SEC |
| 2026-03-31 | 8-K | Current report | 2026-03-30 | SEC |
| 2026-03-30 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | SEC |
| 2026-01-20 | SCHEDULE 13D | SEC | ||
| 2026-01-20 | SCHEDULE 13D | SEC | ||
| 2026-01-15 | SCHEDULE 13D | SEC | ||
| 2026-01-15 | 3 | Initial statement of beneficial ownership of securities | 2026-01-12 | SEC |
| 2026-01-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-12 | SEC |
| 2026-01-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-12 | SEC |
| 2026-01-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-12 | SEC |
| 2026-01-14 | SCHEDULE 13D | SEC | ||
| 2026-01-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-12 | SEC |
| 2026-01-12 | 4 | Statement of changes in beneficial ownership of securities | 2026-01-12 | 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 | 258.62K | 1 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 2.97M | 4 |
| 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 | 114.31M | 6 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| MPM BioImpact LLC | 8.75% |
| EcoR1 Capital, LLC | 8.73% |
| Blue Owl Capital Holdings LP | 5.55% |
| BlackRock, Inc. | 4.12% |
| T. Rowe Price Investment Management, Inc. | 3.71% |
| WELLINGTON MANAGEMENT GROUP LLP | 3.56% |
| RTW INVESTMENTS, LP | 2.88% |
| RA CAPITAL MANAGEMENT, L.P. | 2.38% |
| Jupiter Topco LLC | 2.38% |
| BAKER BROS. ADVISORS LP | 1.80% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD HEALTH CARE FUND | 2.65% |
| T. Rowe Price Small-Cap Stock Fund, Inc. | 1.22% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 1.06% |
| iShares Russell 2000 ETF | 0.99% |
| Eventide Healthcare & Life Sciences Fund | 0.92% |
| T. Rowe Price Institutional Small-Cap Stock Fund | 0.65% |
| T. Rowe Price Health Sciences Fund, Inc. | 0.60% |
| Select Biotechnology Portfolio | 0.51% |
| BlackRock Health Sciences Opportunities Portfolio | 0.48% |
| Fidelity Small Cap Index Fund | 0.42% |
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