Contineum Therapeutics Inc
CTNMHealthcare·Biotechnology·USA·Small·NASD·Nov 11 • 3:34 PM ET
10.79+0.23 (2.18%)
2026-11-11 21:35 CET
Market cap
414.65 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-63.46 USD m
Free cash flow, TTM
-52.03 USD m
EPS diluted, TTM
-1.77
P/E
-
Price
CTNM against its 20, 50 and 200-day averages2050200beat
39.3% under the 52-week high of 17.79 on 3 Sep 2026. 52-week low 6.73 on 19 Oct 2026. Last 15 sessions, 36.1% high to low
Volume 0.24× normal · the line is the 50-bar volume average
Profile
CTNM52-week range, 37% of the way up
6.7217.78
Contineum Therapeutics, Inc. is a clinical stage biopharmaceutical company, which focuses on discovering and developing novel, oral small molecule therapies for neuroscience, inflammation, and immunology indications with high unmet need. The company was founded by Daniel S. Lorrain on May 9, 2017 and is headquartered in San Diego, CA.
| Index | RUT |
|---|---|
| Employees | 51 |
| IPO | Apr 05, 2024 |
| Beta | 0.98 |
| ATR, 14d | 0.88 |
| Rel volume | 0.24 |
| Short float | 11.64% |
| Insider own | 19.09% |
| Inst own | 78.10% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 423.68M |
| Enterprise Value | 185.47M |
| Income | -63.46M |
| Sales | 0.00M |
| Book/sh | 6.25 |
| Cash/sh | 6.23 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 51 |
| IPO | Apr 05, 2024 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 1.73 |
| P/C | 1.73 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 31.11 |
| Current Ratio | 31.11 |
| Debt/Eq | 0.03 |
| LT Debt/Eq | 0.01 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -1.77 |
|---|---|
| EPS next Y | -2.10 |
| EPS next Q | -0.51 |
| EPS this Y | 17.74% |
| EPS next Y | -17.44% |
| EPS next 5Y | 2.24% |
| EPS past 3/5Y | -30.91% - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 21.55% |
| Sales Y/Y TTM | - |
| EPS Q/Q | -7.03% |
| Sales Q/Q | - |
| Earnings | Nov 03 AMC |
| EPS/Sales Surpr. | -7.98% - |
Ownership
| Insider Own | 19.09% |
|---|---|
| Insider Trans | -0.93% |
| Inst Own | 78.10% |
| Inst Trans | 7.64% |
| ROA | -28.34% |
| ROE | -29.80% |
| ROIC | -25.49% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | 19.92% |
| SMA50 | -6.86% |
| SMA200 | -19.76% |
| Trades | - |
Technical
| Shs Outstand | 35.34M |
|---|---|
| Shs Float | 31.77M |
| Short Float | 11.64% |
| Short Ratio | 4.43 |
| Short Interest | 3.70M |
| 52W High | 17.78 -39.33% |
| 52W Low | 6.72 60.45% |
| Volatility | 10.94% 9.90% |
| ATR (14) | 0.88 |
| RSI (14) | 55.98 |
| Beta | 0.98 |
| Rel Volume | 0.24 |
| Avg Volume | 835.21K |
| Volume | 189,559 |
Performance
| Perf Week | 10.21% |
|---|---|
| Perf Month | 28.15% |
| Perf Quarter | -29.48% |
| Perf Half Y | -23.75% |
| Perf YTD | -5.60% |
| Perf Year | -1.55% |
| Perf 3Y | - |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.50 |
| Target Price | 21.43 |
| Prev Close | 10.56 |
| Price | 10.79 |
| Change % | 2.18% |
Analyst ratings
latest 9 of 9| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Oct 13, 2026 | Downgrade | RRobert W. Baird | Outperform → Neutral | $14 | +29.7% |
| Jan 08, 2026 | Downgrade | MMorgan Stanley | Overweight → Equal-Weight | $14 | +29.7% |
| Nov 13, 2025 | Initiated | LLeerink Partners | Outperform | $22 | +103.9% |
| Sep 25, 2025 | Initiated | LLeerink Partners | Outperform | $20 | +85.4% |
| Jun 20, 2025 | Initiated | WWilliam Blair | Outperform | ||
| Oct 22, 2024 | Initiated | RRobert W. Baird | Outperform | $32 | +196.6% |
| Apr 30, 2024 | Initiated | SStifel | Buy | $29 | +168.8% |
| Apr 30, 2024 | Initiated | RRBC Capital Mkts | Outperform | $30 | +178.0% |
| Apr 30, 2024 | Initiated | MMorgan Stanley | Overweight | $25 | +131.7% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| PLRX | Pliant Therapeutics Inc | 48.44M |
| AVLN | Avalyn Pharma Inc | 1.39B |
| IMUX | Immunic Inc | 110.92M |
| VCRE | Vicore Pharma Holding AB ADR | 321.59M |
| PRTA | Prothena Corp Plc | 447.25M |
| ALEC | Alector Inc | 401.67M |
| DNLI | Denali Therapeutics Inc | 3.18B |
| ABOS | Acumen Pharmaceuticals Inc | 16.81M |
| LTGO | Latigo Biotherapeutics Inc | 916.02M |
| SPTX | Seaport Therapeutics Inc | 1.13B |
Insider trading
latest 14 of 65| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Daniel Lorrain | Officer | Nov 04 '26 | Proposed Sale | 9.69 | 4,170 | 40,407 | Nov 04 04:22 PM | |
| Daniel Lorrain | Officer | Oct 01 '26 | Proposed Sale | 13.42 | 4,170 | 55,961 | Oct 01 04:21 PM | |
| Stengone Carmine N. | CEO and President | Sep 08 '26 | Option Exercise | 1.01 | 2,500 | 2,525 | 19,717 | Sep 08 06:08 PM |
| Stengone Carmine N. | CEO and President | Sep 08 '26 | Sale | 16.46 | 2,500 | 41,142 | 17,217 | Sep 08 06:08 PM |
| CARMINE STENGONE | Director | Sep 08 '26 | Proposed Sale | 16.70 | 2,500 | 41,750 | Sep 08 04:28 PM | |
| Daniel Lorrain | Officer | Sep 01 '26 | Proposed Sale | 16.24 | 9,520 | 154,605 | Sep 01 04:35 PM | |
| Stengone Carmine N. | CEO and President | Aug 03 '26 | Option Exercise | 1.01 | 2,500 | 2,525 | 19,717 | Aug 03 06:14 PM |
| Stengone Carmine N. | CEO and President | Aug 03 '26 | Sale | 16.01 | 2,500 | 40,029 | 17,217 | Aug 03 06:14 PM |
| CARMINE STENGONE | Director | Aug 03 '26 | Proposed Sale | 15.49 | 2,500 | 38,725 | Aug 03 04:19 PM | |
| Daniel Lorrain | Officer | Aug 03 '26 | Proposed Sale | 15.49 | 9,520 | 147,465 | Aug 03 04:18 PM | |
| Lorrain Daniel S. | Chief Scientific Officer | Jul 08 '26 | Option Exercise | 1.01 | 1,015 | 1,025 | 136,217 | Jul 10 05:20 PM |
| Lorrain Daniel S. | Chief Scientific Officer | Jul 09 '26 | Option Exercise | 1.01 | 25 | 25 | 135,227 | Jul 10 05:20 PM |
| Lorrain Daniel S. | Chief Scientific Officer | Jul 08 '26 | Sale | 16.00 | 1,015 | 16,240 | 135,202 | Jul 10 05:20 PM |
| Lorrain Daniel S. | Chief Scientific Officer | Jul 09 '26 | Sale | 16.00 | 25 | 400 | 135,202 | Jul 10 05:20 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 |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
| XPH | State Street SPDR S&P Pharmaceuticals ETF | AUM: 516.35M |
| IBB | iShares Biotechnology ETF | AUM: 11.36B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.25B |
| DFAS | U.S. Small Cap Portfolio-ETF Class Shares | AUM: 15.51B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
News
latest 14 of 126- Qureights Fibrosis Imaging Biomarker Selected by Contineum Therapeutics as a Secondary Endpoint in Phase 2 PROPEL-IPF Clinical Trial (Business Wire) +8.19%
- Contineum Therapeutics Reports Third-Quarter 2026 Financial Results (Business Wire)
- Contineum Therapeutics to Present at the Stifel 2026 Healthcare Conference (Business Wire)
- Contineum Therapeutics Shares Surge 27% After Bristol Myers Squibb Reports Positive Phase 3 Trial Results (InvestorsHub) -35.99%
- Contineum drops 25% on mixed Bristol Myers IPF data; Stifel keeps Buy rating (Investing.com)
- Bristol Myers trial revisions shake confidence in new class of fibrosis drugs (BioPharma Dive) +16.70%
- FDA clears first generic radioligand drug; Sionna turns to layoffs (BioPharma Dive) -6.75%
- CTNM Stock Slumps 10% After-Hours Whats The JNJ Connection? (Stocktwits)
- Contineum Therapeutics Reports Phase 2 Results for JNJ-5120/PIPE-307 for the Treatment of Major Depressive Disorder (Business Wire)
- Contineum Therapeutics to Present at the 2026 Morgan Stanley Global Healthcare Conference (Business Wire)
- Contineum Therapeutics Reports Second-Quarter 2026 Financial Results; Affirms Key Clinical Development Milestones (Business Wire) +9.53%
- Contineum Therapeutics Publishes Discovery of Potential Best-in-Class LPAR1 Antagonist PIPE-791 in Journal of Medicinal Chemistry (Business Wire) +9.27% -7.02%
- Contineum Therapeutics to Present at the 2026 Goldman Sachs Global Healthcare Conference (Business Wire) -5.42%
- Contineum Therapeutics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) (Business Wire) -6.27%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-03 | -0.490 | -0.454 | -0.490 | 0.00 | 0.00 | 8 |
| 2026Q2 | 2026-07-30 | -0.400 | -0.449 | -0.404 | 0.00 | 0.00 | 7 |
| 2026Q1 | 2026-05-05 | -0.390 | -0.532 | -0.387 | 0.00 | 0.00 | 7 |
| 2025Q4 | 2026-03-05 | -0.490 | -0.389 | -0.491 | 0.00 | 7.50 | 7 |
| 2025Q3 | 2025-10-30 | -0.450 | -0.484 | -0.455 | 0.00 | 6.00 | 8 |
| 2025Q2 | 2025-08-05 | -0.620 | -0.440 | -0.619 | 0.00 | 7.50 | 7 |
| 2025Q1 | 2025-05-14 | -0.620 | -0.565 | -0.618 | 0.00 | 0.00 | 6 |
| 2024Q4 | 2025-03-06 | -0.560 | -0.428 | -0.563 | 0.00 | 0.00 | 5 |
| 2024Q3 | 2024-11-06 | -0.400 | -0.410 | -0.399 | 0.00 | 0.00 | 5 |
| 2024Q2 | 2024-08-13 | -0.390 | -0.348 | -0.350 | 0.00 | 0.00 | 4 |
| 2024Q1 | 2024-05-16 | -3.550 | -1.115 | -0.327 | 0.00 | 0.00 | 4 |
| 2026Q4 | - | - | -0.505 | - | - | 0.00 | 8 |
| 2027Q1 | - | - | -0.495 | - | - | 0.00 | 4 |
| 2027Q2 | - | - | -0.503 | - | - | 0.00 | 4 |
| 2027Q3 | - | - | -0.498 | - | - | 0.00 | 4 |
| 2027Q4 | - | - | -0.483 | - | - | - | 3 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2023FY | 0.045 | - | 0.125 | 50.00 | - |
| 2024FY | -2.180 | -1.916 | -1.634 | 0.00 | 0.00 |
| 2025FY | -2.170 | -2.053 | -2.170 | 0.00 | 6.00 |
| 2026FY | - | -1.785 | - | - | 4.29 |
| 2027FY | - | -2.096 | - | - | 0.00 |
| 2028FY | - | -2.027 | - | - | 0.00 |
| 2029FY | - | -2.292 | - | - | 16.67 |
| 2030FY | - | -2.553 | - | - | 27.51 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-08 | 3 | 0 | 1 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-11-04 | 4 | 0 | 1 | 7.50 | 0.00 | 30.00 |
| 2026Q4 | S | 2026-11-03 | 4 | 0 | 1 | 7.50 | 0.00 | 30.00 |
| 2026Q4 | S | 2026-09-23 | 4 | 0 | 1 | 7.50 | 0.00 | 30.00 |
| 2026Q4 | S | 2026-09-11 | 3 | 0 | 1 | 10.00 | 0.00 | 30.00 |
| 2026Q4 | S | 2026-07-31 | 3 | 1 | 0 | 13.77 | 0.00 | 30.00 |
| 2026Q4 | S | 2026-05-06 | 3 | 0 | 0 | 10.00 | 0.00 | 30.00 |
| 2026Q4 | S | 2026-03-06 | 3 | 0 | 0 | 10.00 | 0.00 | 30.00 |
| 2026Q4 | S | 2025-11-11 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-10 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-09 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-08 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-07 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-06 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.965 | 0.125 | -1.634 | -2.165 | -1.7697 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| EPS, quarterly | -0.399 | -0.563 | -0.618 | -0.619 | -0.455 | -0.491 | -0.387 | -0.404 | -0.487 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 0 | 50 | 0 | 0 | 0 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | TTM | ||||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 25.131 | 25.131 | 25.855 | 37.32 | 39.25 | ||||
| Period | 2022 | 2023 | 2024 | 2025 | MRQ | ||||
| Shares, quarterly | 25.736 | 25.855 | 25.872 | 25.92 | 29.183 | 37.32 | 37.386 | 37.613 | 39.25 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 50.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.38 | 0.32 | 0.26 | 0.20 | 0.33 |
| Gross Profit | -0.38 | -0.32 | -0.26 | 49.80 | -0.33 |
| Selling, General and Administrative Excl. Other | 72.03 | 67.74 | 50.64 | 33.73 | 22.39 |
| Research and Development | 52.71 | 51.20 | 38.16 | 27.60 | 16.89 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -72.41 | -68.06 | -50.89 | 16.08 | -22.72 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.21 | 0.39 |
| Unusual Expense | 0.00 | 0.00 | 0.11 | -2.87 | 1.81 |
| Net Income Before Taxes | -63.46 | -59.98 | -42.26 | 23.17 | -24.25 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.45 | 0.00 |
| Consolidated Net Income | -63.46 | -59.98 | -42.26 | 22.72 | -24.25 |
| Net Income From Continuing Operations | -63.46 | -59.98 | -42.26 | 22.72 | -24.25 |
| Net Income | -63.46 | -59.98 | -42.26 | 3.15 | -24.25 |
| EPS (Recurring) | -1.65 | -2.17 | -1.63 | 0.05 | -0.91 |
| EPS (Basic, Before Extraordinaries) | -1.77 | -2.17 | -1.63 | 0.13 | -0.97 |
| EPS (Diluted) | -1.77 | -2.17 | -1.63 | 0.13 | -0.97 |
| EBITDA | -72.03 | -67.74 | -50.64 | 16.27 | -22.39 |
| Non-Operating Income (Expense) | 8.95 | 8.08 | 8.74 | 4.43 | 0.67 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 15.00 | 10.04 | 6.80 | 1.75 | 1.93 |
| Gross Margin | - | - | - | 99.61 | - |
| Operating Margin | - | - | - | 32.15 | - |
| Net Margin | - | - | - | 6.29 | - |
| Shares Outstanding | 39.25 | 37.32 | 25.85 | 25.13 | 25.13 |
| Market Capitalization | 414.65 | 414.65 | 377.64 | 373.00 | - |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| 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 | 0.08 | 0.13 | 0.08 | 0.09 | 0.08 | 0.08 | 0.08 | 0.07 |
| Gross Profit | -0.08 | -0.13 | -0.08 | -0.09 | -0.08 | -0.08 | -0.08 | -0.07 |
| Selling, General and Administrative Excl. Other | 20.89 | 17.29 | 16.82 | 17.03 | 14.85 | 17.82 | 18.03 | 16.97 |
| Research and Development | 15.90 | 12.57 | 11.56 | 12.67 | 10.91 | 13.98 | 13.63 | 12.94 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -20.97 | -17.43 | -16.90 | -17.11 | -14.93 | -17.90 | -18.11 | -17.05 |
| 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 | -18.70 | -15.15 | -14.46 | -15.16 | -12.79 | -16.04 | -15.99 | -14.56 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -18.70 | -15.15 | -14.46 | -15.16 | -12.79 | -16.04 | -15.99 | -14.56 |
| Net Income From Continuing Operations | -18.70 | -15.15 | -14.46 | -15.16 | -12.79 | -16.04 | -15.99 | -14.56 |
| Net Income | -18.70 | -15.15 | -14.46 | -15.16 | -12.79 | -16.04 | -15.99 | -14.56 |
| EPS (Recurring) | -0.49 | -0.40 | -0.39 | -0.49 | -0.45 | -0.62 | -0.62 | -0.56 |
| EPS (Basic, Before Extraordinaries) | -0.49 | -0.40 | -0.39 | -0.49 | -0.46 | -0.62 | -0.62 | -0.56 |
| EPS (Diluted) | -0.49 | -0.40 | -0.39 | -0.49 | -0.46 | -0.62 | -0.62 | -0.56 |
| EBITDA | -20.89 | -17.29 | -16.82 | -17.03 | -14.85 | -17.82 | -18.03 | -16.97 |
| Non-Operating Income (Expense) | 2.27 | 2.27 | 2.45 | 1.96 | 2.14 | 1.86 | 2.12 | 2.48 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.86 | 3.84 | 3.82 | 2.48 | 2.57 | 2.42 | 2.57 | 2.25 |
| Shares Outstanding | 39.25 | 37.61 | 37.39 | 37.32 | 29.18 | 25.92 | 25.87 | 25.85 |
| Market Capitalization | 414.65 | 612.76 | 506.17 | 417.53 | 329.49 | 102.71 | 180.58 | 377.64 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|
| Cash & Short Term Investments | 262.90 | 204.76 | 125.19 | 47.24 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 5.02 | 1.63 | 2.52 | 1.15 |
| Total Current Assets | 267.92 | 206.39 | 127.71 | 48.39 |
| Net Property, Plant & Equipment | 8.47 | 6.46 | 1.40 | 2.12 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 1.74 | - | - | - |
| Other Assets | 0.26 | 0.00 | 1.28 | 0.13 |
| Total Assets | 278.38 | 212.85 | 130.39 | 50.64 |
| Short Term Debt Incl. Current Port. of LT Debt | 2.34 | 1.45 | 0.46 | 5.06 |
| Accounts Payable | 1.02 | 1.81 | 0.64 | 0.43 |
| Other Current Liabilities | 6.39 | 6.71 | 4.38 | 2.06 |
| Total Current Liabilities | 9.74 | 9.97 | 5.48 | 7.55 |
| Long Term Debt | 5.91 | 4.81 | 192.73 | 133.27 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 1.74 | - | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.11 | 3.02 |
| Total Liabilities | 17.39 | 14.78 | 198.32 | 143.85 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 260.99 | 198.07 | -67.94 | -93.21 |
| Total Shareholders Equity | 260.99 | 198.07 | -67.94 | -93.21 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 260.99 | 198.07 | -67.94 | -93.21 |
| Total Liabilities & Stockholders Equity | 278.38 | 212.85 | 130.39 | 50.64 |
| Book Value Per Share | 6.99 | 7.66 | -2.70 | -3.71 |
| Tangible Book Value Per Share | 6.99 | 7.66 | -2.70 | -3.71 |
| Full-Time Employees | 51 | 41 | 31 | - |
| Price to Book Ratio | 1.69 | 1.79 | 1.77 | - |
| Return on Assets | -24.42 | -24.62 | 25.10 | - |
| Return on Equity | -26.13 | -64.95 | - | - |
| Return on Invested Capital | -22.47 | -20.83 | 18.21 | -60.54 |
| Quick Ratio | 27.50 | 20.69 | 23.29 | 6.41 |
| Current Ratio | 27.50 | 20.69 | 23.29 | 6.41 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY |
|---|---|---|---|---|---|
| Net Income | -63.46 | -59.98 | -42.26 | 22.72 | -24.25 |
| Depreciation | 0.38 | 0.32 | 0.26 | 0.20 | 0.33 |
| Other Funds (Non Cash) | 16.45 | 10.38 | 3.82 | -2.54 | 5.07 |
| Funds from Operations | -46.63 | -49.27 | -38.18 | 20.37 | -18.85 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -5.04 | -6.04 | 5.33 | -1.02 | -1.27 |
| Cash from Operating Activities | -51.67 | -55.31 | -32.84 | 19.35 | -20.12 |
| Capital Expenditures | -0.36 | -0.23 | -0.51 | -0.41 | -0.12 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -30.59 | -3.48 | -69.25 | -65.15 | 22.42 |
| Purchase of Investments | -243.68 | -162.50 | -226.41 | -141.87 | -64.70 |
| Sale Or Maturity of Investments | 213.09 | 159.02 | 157.16 | 76.71 | 87.12 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -30.95 | -3.71 | -69.74 | -65.57 | 22.30 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 115.19 | 112.69 | 109.00 | 59.93 | 0.01 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -0.03 | -0.00 |
| Sale of Common Pref Stock | 115.19 | 112.69 | 109.00 | 59.95 | 0.01 |
| Proceedsfrom Stock Options | 112.88 | 112.47 | 108.21 | 59.80 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | -3.75 | -1.25 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | -3.75 | -1.25 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | -3.75 | -1.25 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 115.19 | 112.69 | 109.00 | 56.18 | -1.24 |
| Net Change in Cash | 32.56 | 53.66 | 6.42 | 9.96 | 0.94 |
| Free Cash Flow | -52.03 | -55.54 | -33.36 | 18.93 | -20.24 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | - | 0.00 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 244.48 | 236.55 | 246.33 | 262.90 | 182.41 | 175.48 |
| 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 | 5.26 | 6.03 | 6.64 | 5.02 | 2.52 | 1.35 |
| Total Current Assets | 249.74 | 242.58 | 252.96 | 267.92 | 184.93 | 176.84 |
| Net Property, Plant & Equipment | 6.94 | 7.42 | 8.07 | 8.47 | 5.65 | 5.86 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | - | - | - | 1.74 | - | - |
| Other Assets | 0.30 | 0.36 | 0.31 | 0.26 | 0.27 | 0.19 |
| Total Assets | 256.99 | 250.37 | 261.35 | 278.38 | 190.85 | 182.89 |
| Short Term Debt Incl. Current Port. of LT Debt | 2.72 | 2.39 | 2.30 | 2.34 | 1.48 | 1.47 |
| Accounts Payable | 0.64 | 0.51 | 1.50 | 1.02 | 0.79 | 2.00 |
| Other Current Liabilities | 4.66 | 3.63 | 2.86 | 6.39 | 4.10 | 3.75 |
| Total Current Liabilities | 8.03 | 6.53 | 6.66 | 9.74 | 6.36 | 7.21 |
| Long Term Debt | 3.54 | 4.18 | 4.65 | 5.91 | 4.02 | 4.28 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | - | 1.74 | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 11.57 | 10.71 | 11.31 | 17.39 | 10.38 | 11.50 |
| 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 | 245.42 | 239.66 | 250.04 | 260.99 | 180.47 | 171.39 |
| Total Shareholders Equity | 245.42 | 239.66 | 250.04 | 260.99 | 180.47 | 171.39 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 245.42 | 239.66 | 250.04 | 260.99 | 180.47 | 171.39 |
| Total Liabilities & Stockholders Equity | 256.99 | 250.37 | 261.35 | 278.38 | 190.85 | 182.89 |
| Book Value Per Share | 6.25 | 6.37 | 6.69 | 6.99 | 6.18 | 6.61 |
| Tangible Book Value Per Share | 6.25 | 6.37 | 6.69 | 6.99 | 6.18 | 6.61 |
| Full-Time Employees | - | - | - | 51 | - | - |
| Price to Book Ratio | 1.69 | 2.45 | 1.87 | 1.85 | 1.78 | 0.56 |
| Return on Assets | -28.34 | -26.57 | -25.43 | -24.42 | -29.19 | -28.13 |
| Return on Equity | -29.80 | -28.01 | -26.88 | -26.13 | -30.40 | -29.24 |
| Return on Invested Capital | -7.51 | -6.21 | -5.68 | -5.68 | -6.93 | -9.13 |
| Quick Ratio | 31.11 | 37.17 | 38.00 | 27.50 | 29.07 | 24.51 |
| Current Ratio | 31.11 | 37.17 | 38.00 | 27.50 | 29.07 | 24.51 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -18.70 | -15.15 | -14.46 | -15.16 | -12.79 | -16.04 |
| Depreciation | 0.08 | 0.13 | 0.08 | 0.09 | 0.08 | 0.08 |
| Other Funds (Non Cash) | 5.99 | 3.46 | 3.98 | 3.02 | 2.73 | 2.06 |
| Funds from Operations | -12.63 | -11.56 | -10.39 | -12.05 | -9.98 | -13.90 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 1.63 | 0.01 | -5.95 | -0.73 | -2.29 | -1.93 |
| Cash from Operating Activities | -11.00 | -11.55 | -16.34 | -12.79 | -12.28 | -15.84 |
| Capital Expenditures | 0.00 | -0.01 | -0.31 | -0.04 | -0.10 | -0.04 |
| 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 | 50.95 | 4.86 | -39.00 | -47.41 | 15.04 | 13.93 |
| Purchase of Investments | -16.04 | -45.78 | -97.12 | -84.73 | -18.64 | -25.44 |
| Sale Or Maturity of Investments | 67.00 | 50.65 | 58.12 | 37.32 | 33.68 | 39.37 |
| 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 | 50.95 | 4.85 | -39.31 | -47.45 | 14.94 | 13.88 |
| 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 | 20.53 | 1.25 | 0.20 | 93.21 | 19.18 | 0.27 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 20.53 | 1.25 | 0.20 | 93.21 | 19.18 | 0.27 |
| Proceedsfrom Stock Options | 19.43 | 0.00 | 0.00 | 93.45 | 19.01 | 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 | 20.53 | 1.25 | 0.20 | 93.21 | 19.18 | 0.27 |
| Net Change in Cash | 60.49 | -5.45 | -55.45 | 32.97 | 21.85 | -1.69 |
| Free Cash Flow | -11.00 | -11.56 | -16.65 | -12.83 | -12.38 | -15.88 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 11.64% | 3.7M | 31.8M | 828.48K |
| 2026-10-15 | 12.34% | 3.7M | 29.6M | 710.26K |
| 2026-09-30 | 10.36% | 3.1M | 29.6M | 481.48K |
| 2026-09-15 | 8.25% | 2.4M | 29.6M | 454.12K |
| 2026-08-31 | 7.90% | 2.3M | 29.6M | 429.49K |
| 2026-08-14 | 7.89% | 2.3M | 29.6M | 358.24K |
| 2026-07-31 | 9.53% | 2.8M | 29.6M | 308.34K |
| 2026-07-15 | 8.36% | 2.4M | 29.2M | 315.18K |
| 2026-06-30 | 7.31% | 2.1M | 29.2M | 302.07K |
| 2026-06-15 | 5.66% | 1.7M | 29.2M | 265.16K |
| 2026-05-29 | 4.90% | 1.4M | 29.2M | 273.12K |
| 2026-05-15 | 4.85% | 1.4M | 29.2M | 276.05K |
| 2026-04-30 | 5.51% | 1.6M | 29.2M | 280.54K |
| 2026-04-15 | 10.65% | 3.1M | 29.1M | 285.52K |
| 2026-03-31 | 9.64% | 2.8M | 28.8M | 290.21K |
| 2026-03-13 | 9.16% | 2.6M | 28.8M | 244.34K |
| 2026-02-27 | 9.48% | 2.5M | 26.9M | 241.85K |
| 2026-02-13 | 9.61% | 2.6M | 26.9M | 253.90K |
| 2026-01-30 | 9.84% | 2.6M | 26.4M | 236.48K |
| 2026-01-15 | 9.82% | 2.6M | 26.4M | 205.64K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 7.30 | 9.20 | 0.00 | 12.675 | 0.00 | 0.00 | 0.987 | -0.016 | 0.001 |
| call | 5.00 | 3.50 | 8.00 | 0.00 | 10.510 | 0.00 | 0.00 | 0.976 | -0.015 | 0.001 |
| call | 7.50 | 1.00 | 4.80 | 1.15 | 5.140 | 51.00 | 0.00 | 0.956 | -0.014 | 0.002 |
| call | 10.00 | 0.50 | 1.80 | 0.97 | 2.706 | 177 | 0.00 | 0.670 | -0.052 | 0.006 |
| call | 12.50 | 0.00 | 4.00 | 0.13 | 4.105 | 20.00 | 0.00 | 0.537 | -0.154 | 0.007 |
| call | 15.00 | 0.00 | 1.00 | 0.40 | 3.258 | 360 | 0.00 | 0.348 | -0.113 | 0.006 |
| call | 17.50 | 0.00 | 3.80 | 2.00 | 3.764 | 7.00 | 0.00 | 0.305 | -0.117 | 0.006 |
| call | 20.00 | 0.00 | 3.80 | 0.35 | 4.248 | 120 | 0.00 | 0.285 | -0.128 | 0.006 |
| call | 22.50 | 0.00 | 3.80 | 1.35 | 4.288 | 1.00 | 0.00 | 0.235 | -0.116 | 0.005 |
| call | 25.00 | 0.00 | 3.80 | 1.90 | 4.624 | 4.00 | 0.00 | 0.225 | -0.122 | 0.005 |
| call | 30.00 | 0.00 | 3.80 | 0.05 | 5.178 | 16.00 | 0.00 | 0.210 | -0.132 | 0.005 |
| put | 2.50 | 0.00 | 3.80 | 0.00 | 6.318 | 0.00 | 0.00 | -0.025 | -0.034 | 0.001 |
| put | 5.00 | 0.00 | 0.15 | 0.14 | 2.617 | 106 | 0.00 | -0.025 | -0.013 | 0.001 |
| put | 7.50 | 0.00 | 0.05 | 0.05 | 7.721 | 261 | 0.00 | -0.182 | -0.190 | 0.004 |
| put | 10.00 | 0.20 | 0.50 | 0.40 | 1.309 | 45.00 | 9.00 | -0.325 | -0.050 | 0.006 |
| put | 12.50 | 0.10 | 3.40 | 4.60 | 3.414 | 363 | 0.00 | -0.464 | -0.155 | 0.007 |
| put | 15.00 | 2.05 | 6.50 | 4.70 | 5.229 | 62.00 | 0.00 | -0.652 | -0.114 | 0.006 |
| put | 17.50 | 4.50 | 9.00 | 0.00 | 5.958 | 0.00 | 0.00 | -0.686 | -0.130 | 0.006 |
| put | 20.00 | 7.00 | 11.50 | 0.00 | 6.509 | 0.00 | 0.00 | -0.707 | -0.142 | 0.006 |
| put | 22.50 | 9.50 | 14.00 | 0.00 | 6.941 | 0.00 | 0.00 | -0.722 | -0.149 | 0.006 |
| put | 25.00 | 12.00 | 16.50 | 0.00 | 7.359 | 0.00 | 0.00 | -0.733 | -0.160 | 0.006 |
| put | 30.00 | 17.00 | 21.50 | 0.00 | 7.955 | 0.00 | 0.00 | -0.748 | -0.172 | 0.005 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-06 | SCHEDULE 13G/A | SEC | ||
| 2026-11-05 | SCHEDULE 13G | SEC | ||
| 2026-11-04 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-11-03 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-11-03 | 8-K | Current report | 2026-11-03 | SEC |
| 2026-10-28 | SCHEDULE 13G | SEC | ||
| 2026-10-28 | SCHEDULE 13G/A | SEC | ||
| 2026-10-22 | SCHEDULE 13G | SEC | ||
| 2026-10-01 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-14 | 8-K | Current report | 2026-09-14 | SEC |
| 2026-09-08 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-09-08 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-08 | SEC |
| 2026-09-01 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-14 | SCHEDULE 13G/A | SEC | ||
| 2026-08-03 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-03 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-03 | SEC |
| 2026-07-30 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-30 | 8-K | Current report | 2026-07-30 | SEC |
| 2026-07-27 | SCHEDULE 13G | SEC | ||
| 2026-07-17 | SCHEDULE 13G/A | SEC | ||
| 2026-07-13 | 8-K | Current report | 2026-07-13 | 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 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-08 | SEC |
| 2026-07-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-30 | SEC |
| 2026-07-01 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-07-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-30 | SEC |
| 2026-07-01 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-30 | SEC |
| 2026-06-30 | 144 | Filing for proposed sale of securities under Rule 144. | 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 | 41.14K | 1 |
| 2026-08 | 0 | 0 | 40.03K | 1 |
| 2026-07 | 0 | 0 | 188.93K | 4 |
| 2026-06 | 0 | 0 | 850.82K | 4 |
| 2026-05 | 0 | 0 | 54.69K | 1 |
| 2026-04 | 0 | 0 | 56.01K | 1 |
| 2026-03 | 0 | 0 | 116.81K | 2 |
| 2026-02 | 0 | 0 | 320.60K | 8 |
| 2026-01 | 0 | 0 | 94.73K | 2 |
| 2025-12 | 0 | 0 | 94.57K | 2 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| MONTANOVA CAPITAL, LLC | 7.60% |
| Jupiter Topco LLC | 7.32% |
| FMR LLC | 6.94% |
| BlackRock, Inc. | 5.52% |
| JOHNSON & JOHNSON | 5.26% |
| FRANKLIN RESOURCES INC | 4.92% |
| BALYASNY ASSET MANAGEMENT L.P. | 4.07% |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.53% |
| PERCEPTIVE ADVISORS LLC | 3.36% |
| MILLENNIUM MANAGEMENT LLC | 2.49% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.63% |
| iShares Russell 2000 ETF | 1.73% |
| Select Health Care Portfolio | 1.20% |
| Franklin Biotechnology Discovery Fund | 0.88% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.83% |
| Fidelity Small Cap Index Fund | 0.79% |
| Fidelity Advisor Health Care Fund | 0.75% |
| iShares Russell 2000 Value ETF | 0.65% |
| Fidelity Advisor Biotechnology Fund | 0.60% |
| iShares Biotechnology ETF | 0.55% |
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