Jasper Therapeutics Inc
JSPRHealthcare·Biotechnology·USA·Nano·NASD·Nov 11 • 3:58 PM ET
Price
JSPR against its 20, 50 and 200-day averages79.7% under the 52-week high of 72.60 on 2 Dec 2025. 52-week low 9.45 on 29 Jun 2026. Last 15 sessions, 33.5% high to low
Volume 3.84× normal · the line is the 50-bar volume average
Profile
JSPRJasper Therapeutics, Inc. is a clinical-stage biotechnology company, which engages in enabling cures through hematopoietic stem cell therapy. It focuses on the development and commercialization of safer, stem cell engineering to allow for expanded use of stem cell transplantation and ex vivo gene therapy, a technique in which genetic manipulation of cells is performed outside of the body prior to transplantation. The company was founded by Judith Shizuru and Susan Prohaska in March 2018 and is headquartered in Redwood City, CA.
| Employees | 22 |
|---|---|
| IPO | Jan 10, 2020 |
| Beta | 3.30 |
| ATR, 14d | 1.92 |
| Rel volume | 3.84 |
| Inst own | 35.29% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 16.37M |
| Enterprise Value | 8.91M |
| Income | -31.77M |
| Sales | 0.00M |
| Book/sh | 1.51 |
| Cash/sh | 6.97 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 22 |
| IPO | Jan 10, 2020 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 9.78 |
| P/C | 2.12 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 1.47 |
| Current Ratio | 1.47 |
| Debt/Eq | 0.19 |
| LT Debt/Eq | 0.00 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -47.43 |
|---|---|
| EPS next Y | -15.50 |
| EPS next Q | -1.80 |
| EPS this Y | 88.35% |
| EPS next Y | -12.32% |
| EPS next 5Y | 48.38% |
| EPS past 3/5Y | 27.39% 48.97% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 73.74% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 94.48% |
| Sales Q/Q | - |
| Earnings | Aug 14 BMO |
| EPS/Sales Surpr. | 62.66% - |
Ownership
| Insider Own | - |
|---|---|
| Insider Trans | - |
| Inst Own | 35.29% |
| Inst Trans | - |
| ROA | -109.05% |
| ROE | -255.05% |
| ROIC | -2248.48% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -3.28% |
| SMA50 | -13.58% |
| SMA200 | -39.25% |
| Trades | - |
Technical
| Shs Outstand | 0.94M |
|---|---|
| Shs Float | - |
| Short Float | - |
| Short Ratio | 12.64 |
| Short Interest | 0.23M |
| 52W High | 72.60 -79.67% |
| 52W Low | 9.45 56.14% |
| Volatility | 17.84% 12.56% |
| ATR (14) | 1.92 |
| RSI (14) | 44.43 |
| Beta | 3.30 |
| Rel Volume | 3.84 |
| Avg Volume | 18.12K |
| Volume | 69,524 |
Performance
| Perf Week | -3.74% |
|---|---|
| Perf Month | -0.73% |
| Perf Quarter | -43.00% |
| Perf Half Y | -46.53% |
| Perf YTD | -73.11% |
| Perf Year | -71.06% |
| Perf 3Y | -92.87% |
| Perf 5Y | -99.41% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 270.00 |
| Prev Close | 14.75 |
| Price | 14.76 |
| Change % | 0.07% |
Analyst ratings
latest 10 of 20| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Oct 14, 2026 | Resumed | WWilliam Blair | Outperform | ||
| Aug 12, 2026 | Initiated | PPiper Sandler | Overweight | $2 | -86.4% |
| May 15, 2026 | Downgrade | TTD Cowen | Buy → Hold | ||
| Mar 23, 2026 | Resumed | UUBS | Neutral | $1.50 | -89.8% |
| Jan 13, 2026 | Initiated | RRodman & Renshaw | Buy | $17 | +15.2% |
| Jul 08, 2025 | Downgrade | RRBC Capital Mkts | Outperform → Sector Perform | $5 | -66.1% |
| Jul 08, 2025 | Downgrade | BBMO Capital Markets | Outperform → Market Perform | $4 | -72.9% |
| Jul 07, 2025 | Downgrade | WWilliam Blair | Outperform → Mkt Perform | ||
| Jul 07, 2025 | Downgrade | CCantor Fitzgerald | Overweight → Neutral | ||
| Feb 13, 2025 | Initiated | UUBS | Buy | $38 | +157.5% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| COGT | Cogent Biosciences Inc | 5.12B |
| EVMN | Evommune Inc | 312.84M |
| CNTB | Connect Biopharma Holdings Ltd | 43.38M |
| UPB | Upstream Bio Inc | 175.27M |
| ATTO | Attovia Therapeutics Inc | 764.77M |
| ORKA | Oruka Therapeutics Inc | 7.27B |
| ANAB | AnaptysBio Inc | 1.46B |
| ALDX | Aldeyra Therapeutics Inc | 39.32M |
| ZURA | Zura Bio Ltd | 137.75M |
| JBIO | Jade Biosciences Inc | 1.05B |
Held by
AUMNews
latest 14 of 200- Jasper Therapeutics, Inc. Announces Results of the Offer to Purchase Relating to Its Warrants (GlobeNewswire)
- Jasper Therapeutics Announces 1-for-30 Reverse Stock Split (GlobeNewswire) +6.48%
- Jasper Therapeutics Announces Completion of Enrollment in First Cohort of Phase 2 Renal Basket Study Evaluating Vensobafusp Alfa (KP104) in IgA Nephropathy (GlobeNewswire) +6.21%
- Jasper Therapeutics Announces Commencement of an Offer to Purchase Outstanding Warrants (GlobeNewswire)
- Jasper Therapeutics Announces Key Regulatory and Clinical Appointments (GlobeNewswire) -9.91%
- Jasper Therapeutics to Present at the H.C. Wainwright 28th Annual Global Investment Conference (GlobeNewswire)
- Jasper Therapeutics beats Q2 expectations but shares fall after results (InvestorsHub) +6.59%
- Jasper Therapeutics Reports Second Quarter 2026 Financial Results and Provides Corporate Update (GlobeNewswire) -8.46%
- Jasper gets a lifeline in merger with immune drugmaker Kira (BioPharma Dive) +14.34%
- Jasper Therapeutics Announces Merger with Kira Pharmaceuticals (GlobeNewswire) +11.85%
- Jasper Therapeutics Announces Exploration of Strategic Alternatives to Maximize Shareholder Value (GlobeNewswire) -35.56%
- Jasper Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update (GlobeNewswire) -11.36%
- Jasper Therapeutics Reports Fourth Quarter and Year-End 2025 Financial Results and Provides Corporate Update (GlobeNewswire) -14.29%
- Jasper Therapeutics to Present at 46th Annual TD Cowen Healthcare Conference (GlobeNewswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-14 | -3.000 | -8.035 | -3.000 | 0.00 | 0.00 | 4 |
| 2026Q1 | 2026-05-14 | -1.200 | -14.571 | -1.229 | 0.00 | 0.00 | 5 |
| 2025Q4 | 2026-03-30 | -9.600 | -23.886 | -9.525 | 0.00 | 0.00 | 6 |
| 2025Q3 | 2025-11-10 | -33.900 | -36.447 | -33.788 | 0.00 | 0.00 | 7 |
| 2025Q2 | 2025-08-13 | -52.200 | -39.789 | -52.282 | 0.00 | 0.00 | 9 |
| 2025Q1 | 2025-05-12 | -42.300 | -40.428 | -42.419 | 0.00 | 0.00 | 9 |
| 2024Q4 | 2025-02-27 | -48.600 | -37.626 | -48.614 | 0.00 | 0.00 | 11 |
| 2024Q3 | 2024-11-07 | -37.200 | -32.139 | -37.273 | 0.00 | 0.00 | 9 |
| 2024Q2 | 2024-08-13 | -29.100 | -32.658 | -29.192 | 0.00 | 0.00 | 9 |
| 2024Q1 | 2024-05-14 | -30.900 | -36.750 | -30.884 | 0.00 | 0.00 | 6 |
| 2023Q4 | 2024-03-04 | -45.000 | -48.261 | -45.039 | 0.00 | 0.00 | 4 |
| 2023Q3 | 2023-11-09 | -48.000 | -46.560 | -47.970 | 0.00 | 0.00 | 4 |
| 2023Q2 | 2023-08-11 | -45.000 | -44.541 | -44.169 | 0.00 | 0.00 | 6 |
| 2023Q1 | 2023-05-12 | -48.000 | -48.690 | -48.525 | 0.00 | 0.00 | 5 |
| 2022Q4 | 2023-03-08 | -108 | -112.2 | -108.13 | 0.00 | 0.00 | 5 |
| 2022Q3 | 2022-11-10 | -91.080 | -102 | -97.329 | 0.00 | 0.00 | 4 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2021FY | -807 | -673.31 | -806.68 | 0.00 | 0.00 |
| 2022FY | -309 | -314.86 | -309.89 | 0.00 | 0.00 |
| 2023FY | -185.4 | -184.85 | -185.26 | 0.00 | 0.00 |
| 2024FY | -146.7 | -136.1 | -146.6 | 0.00 | 0.00 |
| 2025FY | -118.5 | -131.41 | -128.32 | 0.00 | 0.00 |
| 2026FY | - | -13.800 | - | - | 6.00 |
| 2027FY | - | -15.500 | - | - | 0.00 |
| 2028FY | - | -16.300 | - | - | 67.33 |
| 2029FY | - | -24.800 | - | - | 3.61 |
| 2030FY | - | -31.000 | - | - | 26.86 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-10-21 | 2 | 0 | 0 | 6.00 | 0.00 | 12.00 |
| 2026Q3 | S | 2026-10-13 | 2 | 1 | 0 | 6.00 | 0.00 | 12.00 |
| 2026Q3 | S | 2026-09-16 | 1 | 1 | 0 | 12.00 | 12.00 | 12.00 |
| 2026Q3 | S | 2026-09-15 | 2 | 1 | 0 | 6.00 | 0.00 | 12.00 |
| 2026Q3 | S | 2026-08-23 | 1 | 1 | 0 | 12.00 | 12.00 | 12.00 |
| 2026Q3 | S | 2026-08-14 | 2 | 1 | 0 | 6.00 | 0.00 | 12.00 |
| 2026Q3 | S | 2026-07-16 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-07-09 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-06-17 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-05-15 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-03-31 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-11 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-10 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2025-11-09 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -3428.988 | -806.679 | -309.885 | -185.262 | -146.595 | -118.636 | -47.4267 | ||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
| EPS, quarterly | -29.192 | -37.273 | -48.614 | -42.419 | -52.282 | -33.788 | -9.525 | -1.229 | -2.885 |
| 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 | 0.009 | 0.126 | 0.127 | 0.372 | 0.501 | 0.933 | 0.936 | ||
| Period | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | ||
| Shares, quarterly | 0.504 | 0.5 | 0.501 | 0.501 | 0.541 | 0.933 | 0.933 | 0.933 | 0.936 |
| 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 | 0.56 | 1.06 | 1.37 | 1.11 | 1.31 | 0.57 | 0.02 |
| Gross Profit | -0.56 | -1.06 | -1.37 | -1.11 | -1.31 | -0.57 | -0.02 |
| Selling, General and Administrative Excl. Other | 51.24 | 79.46 | 76.36 | 69.38 | 51.72 | 37.36 | 20.96 |
| Research and Development | 34.11 | 60.52 | 57.31 | 53.41 | 36.46 | 26.52 | 16.18 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -51.80 | -80.52 | -77.73 | -70.49 | -53.03 | -37.93 | -20.98 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | -18.78 | -5.16 | 0.00 | 0.56 | -12.93 | -6.28 | 10.88 |
| Net Income Before Taxes | -31.77 | -75.80 | -72.76 | -66.09 | -39.52 | -31.73 | -31.97 |
| Income Taxes | 0.00 | 0.00 | -1.49 | -1.63 | -1.83 | -1.09 | -0.30 |
| Consolidated Net Income | -31.77 | -75.80 | -71.27 | -64.47 | -37.69 | -30.64 | -31.67 |
| Net Income From Continuing Operations | -31.77 | -75.80 | -71.27 | -64.47 | -37.69 | -30.64 | -31.67 |
| Net Income | -31.77 | -75.80 | -71.27 | -64.47 | -37.69 | -30.64 | -31.67 |
| EPS (Recurring) | -46.96 | -124.29 | -146.60 | -184.14 | -384.28 | -922.35 | -2,604.74 |
| EPS (Basic, Before Extraordinaries) | -47.43 | -118.64 | -146.59 | -185.26 | -309.88 | -806.68 | -3,428.99 |
| EPS (Diluted) | -47.43 | -118.64 | -146.59 | -185.26 | -309.88 | -806.68 | -3,428.99 |
| EBITDA | -51.24 | -79.46 | -76.36 | -69.38 | -51.72 | -37.36 | -20.96 |
| Non-Operating Income (Expense) | 1.25 | -0.45 | 4.97 | 4.95 | 0.59 | -0.08 | -0.11 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.27 | 6.71 | 6.62 | 5.21 | 4.09 | 1.05 | 1.21 |
| Shares Outstanding | 0.94 | 0.93 | 0.50 | 0.37 | 0.13 | 0.13 | 0.01 |
| Market Capitalization | 16.36 | 16.36 | 321.17 | 87.46 | 18.34 | 297.16 | 317.66 |
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 | 0.02 | 0.02 | 0.29 | 0.23 | 0.26 | 0.28 | 0.24 | 0.54 |
| Gross Profit | -0.02 | -0.02 | -0.29 | -0.23 | -0.26 | -0.28 | -0.24 | -0.54 |
| Selling, General and Administrative Excl. Other | 9.19 | 10.93 | 12.18 | 18.94 | 26.82 | 21.52 | 25.04 | 19.35 |
| Research and Development | 5.13 | 5.81 | 8.77 | 14.39 | 21.20 | 16.16 | 19.77 | 14.46 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -9.21 | -10.95 | -12.47 | -19.17 | -27.08 | -21.80 | -25.29 | -19.89 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | -3.98 | -9.64 | -3.06 | -2.10 | 0.00 | 0.00 | 0.00 | -0.02 |
| Net Income Before Taxes | -2.76 | -1.17 | -9.10 | -18.74 | -26.72 | -21.24 | -24.32 | -18.64 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -2.76 | -1.17 | -9.10 | -18.74 | -26.72 | -21.24 | -24.32 | -18.64 |
| Net Income From Continuing Operations | -2.76 | -1.17 | -9.10 | -18.74 | -26.72 | -21.24 | -24.32 | -18.64 |
| Net Income | -2.76 | -1.17 | -9.10 | -18.74 | -26.72 | -21.24 | -24.32 | -18.64 |
| EPS (Recurring) | -5.80 | -8.29 | -11.77 | -36.44 | -52.28 | -42.42 | -48.61 | -37.30 |
| EPS (Basic, Before Extraordinaries) | -2.89 | -1.23 | -9.53 | -33.79 | -52.28 | -42.42 | -48.61 | -37.27 |
| EPS (Diluted) | -2.89 | -1.23 | -9.53 | -33.79 | -52.28 | -42.42 | -48.61 | -37.27 |
| EBITDA | -9.19 | -10.93 | -12.18 | -18.94 | -26.82 | -21.52 | -25.04 | -19.35 |
| Non-Operating Income (Expense) | 2.47 | 0.14 | 0.31 | -1.67 | 0.35 | 0.56 | 0.96 | 1.23 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.76 | 0.42 | 1.66 | 1.42 | 1.82 | 1.81 | 1.97 | 2.00 |
| Shares Outstanding | 0.94 | 0.93 | 0.93 | 0.93 | 0.54 | 0.50 | 0.50 | 0.50 |
| Market Capitalization | 16.36 | 24.53 | 51.23 | 66.60 | 90.02 | 64.60 | 321.17 | 282.18 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 28.69 | 71.64 | 86.89 | 38.25 | 84.70 | 19.84 |
| Short Term Receivables | 0.00 | 0.00 | 0.25 | 1.16 | 0.70 | 0.60 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 5.95 | 4.17 | 1.80 | 2.32 | 2.43 | 0.25 |
| Total Current Assets | 34.65 | 75.81 | 88.94 | 41.73 | 87.83 | 20.68 |
| Net Property, Plant & Equipment | 0.60 | 2.85 | 4.19 | 5.45 | 4.83 | 2.03 |
| Total Investments and Advances | 0.42 | 0.42 | 0.42 | 0.42 | 0.34 | 0.34 |
| Intangible Assets | - | - | - | - | - | 0.00 |
| Deferred Tax Assets | - | - | 0.49 | 0.56 | 0.32 | 0.40 |
| Other Assets | 0.11 | 0.82 | 1.34 | 0.76 | 0.65 | 0.30 |
| Total Assets | 35.78 | 79.90 | 95.38 | 48.92 | 93.98 | 23.76 |
| Short Term Debt Incl. Current Port. of LT Debt | 1.24 | 1.09 | 0.97 | 0.86 | 0.51 | 0.00 |
| Accounts Payable | 6.22 | 4.03 | 4.15 | 1.77 | 3.92 | 1.42 |
| Income Tax Payable | - | - | - | - | - | 0.00 |
| Other Current Liabilities | 5.75 | 10.12 | 7.25 | 4.43 | 3.60 | 2.60 |
| Total Current Liabilities | 13.20 | 15.24 | 12.37 | 7.07 | 8.02 | 4.01 |
| Long Term Debt | 0.00 | 0.72 | 1.81 | 2.79 | 2.38 | 1.62 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | 0.49 | 0.56 | 0.32 | 0.40 |
| Other Liabilities | 16.16 | 0.00 | 0.00 | 0.26 | 13.14 | 8.41 |
| Total Liabilities | 29.36 | 15.96 | 14.68 | 10.67 | 23.86 | 14.45 |
| Non-Equity Reserves | 2.26 | 2.26 | 2.26 | 2.26 | 0.60 | 0.60 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.84 |
| Common Equity | 4.15 | 61.67 | 78.44 | 35.99 | 69.52 | -35.13 |
| Total Shareholders Equity | 4.15 | 61.67 | 78.44 | 35.99 | 69.52 | 8.71 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 4.15 | 61.67 | 78.44 | 35.99 | 69.52 | 8.71 |
| Total Liabilities & Stockholders Equity | 35.78 | 79.90 | 95.38 | 48.92 | 93.98 | 23.76 |
| Book Value Per Share | 4.45 | 123.17 | 210.79 | 283.78 | 550.93 | -3,803.73 |
| Tangible Book Value Per Share | 4.45 | 123.17 | 210.79 | 283.78 | 550.93 | -3,803.73 |
| Full-Time Employees | 22 | 64 | 45 | 35 | 25 | 3 |
| Price to Book Ratio | 9.77 | 5.21 | 0.93 | 0.39 | 4.27 | 4.04 |
| Return on Assets | -131.06 | -81.32 | -89.35 | -52.74 | -31.38 | - |
| Return on Equity | -230.31 | -101.73 | -112.67 | -71.44 | -39.82 | - |
| Return on Invested Capital | -1,826.09 | -114.22 | -80.33 | -97.19 | -42.61 | -306.45 |
| Quick Ratio | 2.62 | 4.98 | 7.19 | 5.91 | 10.95 | 5.16 |
| Current Ratio | 2.62 | 4.98 | 7.19 | 5.91 | 10.95 | 5.16 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY |
|---|---|---|---|---|---|---|---|
| Net Income | -31.77 | -75.80 | -71.27 | -64.47 | -37.69 | -30.64 | -31.67 |
| Depreciation | 0.56 | 1.06 | 1.37 | 1.11 | 1.31 | 0.57 | 0.02 |
| Other Funds (Non Cash) | -16.03 | 2.51 | 7.12 | 6.19 | -8.83 | -5.23 | 12.09 |
| Funds from Operations | -47.24 | -72.24 | -62.77 | -57.17 | -45.21 | -35.30 | -19.56 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -13.09 | -4.92 | 0.17 | 5.10 | -0.65 | 1.62 | 1.30 |
| Income Taxes Payable | - | - | - | - | - | - | -0.02 |
| Cash from Operating Activities | -60.33 | -77.16 | -62.60 | -52.07 | -45.86 | -33.68 | -18.27 |
| Capital Expenditures | 0.00 | -0.01 | -0.55 | -0.27 | -0.58 | -2.43 | 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 | 0.08 | 0.01 | 0.02 | 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 | 0.00 |
| Purchase of Investments | 0.00 | 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 | 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 | 0.08 | 0.01 | -0.53 | -0.27 | -0.58 | -2.43 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 28.06 | 34.21 | 47.88 | 101.93 | 0.06 | 100.97 | 11.29 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 28.06 | 34.21 | 47.88 | 101.93 | 0.06 | 100.97 | 11.29 |
| Proceedsfrom Stock Options | 0.54 | 6.70 | 47.20 | 101.48 | 0.03 | 100.73 | 11.23 |
| Issuance or Reduction of Debt, Net | 0.00 | 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 | 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 | 0.00 | 0.00 | 0.00 | -0.96 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | -0.96 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 28.06 | 34.21 | 47.88 | 100.97 | 0.06 | 100.97 | 11.29 |
| Net Change in Cash | -32.20 | -42.95 | -15.25 | 48.64 | -46.38 | 64.86 | -6.98 |
| Free Cash Flow | -60.33 | -77.17 | -63.15 | -52.33 | -46.43 | -36.11 | -18.27 |
| 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 | 7.73 | 14.14 | 28.69 | 50.90 | 39.51 | 48.80 |
| 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 | 3.84 | 6.15 | 5.95 | 3.67 | 3.46 | 4.38 |
| Total Current Assets | 11.57 | 20.29 | 34.65 | 54.56 | 42.97 | 53.17 |
| Net Property, Plant & Equipment | 0.19 | 0.40 | 0.60 | 2.34 | 2.89 | 3.47 |
| Total Investments and Advances | 0.00 | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 |
| Other Assets | 0.04 | 0.08 | 0.11 | 0.15 | 0.19 | 0.53 |
| Total Assets | 11.80 | 21.18 | 35.78 | 57.47 | 46.47 | 57.60 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.27 | 0.76 | 1.24 | 1.70 | 1.95 | 1.83 |
| Accounts Payable | 2.78 | 2.44 | 6.22 | 9.17 | 8.03 | 3.00 |
| Other Current Liabilities | 4.80 | 5.80 | 5.75 | 10.17 | 10.51 | 7.50 |
| Total Current Liabilities | 7.84 | 9.00 | 13.20 | 21.04 | 20.50 | 12.33 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.76 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 2.54 | 6.52 | 16.16 | 22.59 | 0.00 | 0.00 |
| Total Liabilities | 10.39 | 15.52 | 29.36 | 43.63 | 20.70 | 13.09 |
| Non-Equity Reserves | 0.00 | 2.26 | 2.26 | 2.26 | 2.26 | 2.26 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1.41 | 3.40 | 4.15 | 11.57 | 23.50 | 42.24 |
| Total Shareholders Equity | 1.41 | 3.40 | 4.15 | 11.57 | 23.50 | 42.24 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1.41 | 3.40 | 4.15 | 11.57 | 23.50 | 42.24 |
| Total Liabilities & Stockholders Equity | 11.80 | 21.18 | 35.78 | 57.47 | 46.47 | 57.60 |
| Book Value Per Share | 1.51 | 3.64 | 4.45 | 12.40 | 43.47 | 84.36 |
| Tangible Book Value Per Share | 1.51 | 3.64 | 4.45 | 12.40 | 43.47 | 84.36 |
| Full-Time Employees | 25 | - | 22 | - | 43 | 60 |
| Price to Book Ratio | 9.77 | 7.21 | 12.34 | 5.76 | 3.83 | 1.53 |
| Return on Assets | -109.05 | -141.49 | -131.06 | -116.04 | -113.37 | -85.84 |
| Return on Equity | -255.05 | -244.21 | -230.31 | -191.12 | -146.87 | -101.34 |
| Return on Invested Capital | -195.33 | -34.53 | -219.25 | -161.92 | -112.75 | -49.40 |
| Quick Ratio | 1.47 | 2.26 | 2.62 | 2.59 | 2.10 | 4.31 |
| Current Ratio | 1.47 | 2.26 | 2.62 | 2.59 | 2.10 | 4.31 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -2.76 | -1.17 | -9.10 | -18.74 | -26.72 | -21.24 |
| Depreciation | 0.02 | 0.02 | 0.29 | 0.23 | 0.26 | 0.28 |
| Other Funds (Non Cash) | -5.37 | -9.03 | -3.33 | 1.70 | 2.13 | 2.00 |
| Funds from Operations | -8.11 | -10.19 | -12.14 | -16.81 | -24.33 | -18.96 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 1.19 | -4.36 | -9.73 | -0.19 | 8.88 | -3.88 |
| Cash from Operating Activities | -6.92 | -14.55 | -21.87 | -17.00 | -15.45 | -22.84 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.08 | 0.00 | 0.00 | 0.00 | 0.01 | 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 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 0.01 | 0.00 | -0.34 | 28.39 | 6.16 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.01 | 0.00 | -0.34 | 28.39 | 6.16 | 0.00 |
| Proceedsfrom Stock Options | 0.01 | 0.00 | 0.24 | 0.29 | 6.16 | 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 | 0.01 | 0.00 | -0.34 | 28.39 | 6.16 | 0.00 |
| Net Change in Cash | -6.83 | -14.55 | -22.21 | 11.39 | -9.29 | -22.84 |
| Free Cash Flow | -6.92 | -14.55 | -21.87 | -17.00 | -15.46 | -22.84 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | - | 0.2M | - | 16.56K |
| 2026-10-15 | 21.71% | 0.2M | 1.0M | 42.54K |
| 2026-09-30 | 20.85% | 0.2M | 1.0M | 45.75K |
| 2026-09-15 | 19.48% | 0.2M | 1.0M | 47.42K |
| 2026-08-31 | 18.82% | 0.2M | 1.0M | 50.35K |
| 2026-08-14 | 18.29% | 0.2M | 1.0M | 48.41K |
| 2026-07-31 | 17.43% | 0.1M | 0.8M | 45.77K |
| 2026-07-15 | 6.59% | 0.1M | 0.8M | 18.61K |
| 2026-06-30 | 6.76% | 0.1M | 0.8M | 18.41K |
| 2026-06-15 | 7.77% | 0.1M | 0.8M | 16.75K |
| 2026-05-29 | 9.26% | 0.1M | 0.8M | 13.60K |
| 2026-05-15 | 10.25% | 0.1M | 0.8M | 13.83K |
| 2026-04-30 | 11.26% | 0.1M | 0.8M | 15.66K |
| 2026-04-15 | 11.30% | 0.1M | 0.8M | 16.52K |
| 2026-03-31 | 12.48% | 0.1M | 0.8M | 19.98K |
| 2026-03-13 | 12.92% | 0.1M | 0.8M | 22.36K |
| 2026-02-27 | 13.83% | 0.1M | 0.8M | 58.62K |
| 2026-02-13 | 14.22% | 0.1M | 0.8M | 59.14K |
| 2026-01-30 | 14.73% | 0.1M | 0.8M | 58.47K |
| 2026-01-15 | 15.27% | 0.1M | 0.8M | 57.12K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 0.50 | 0.00 | 0.00 | 0.05 | - | 101 | 0.00 | - | - | - |
| call | 1.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| call | 1.50 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| call | 2.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| call | 2.50 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| call | 5.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| call | 7.50 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 0.50 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 1.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 1.50 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 2.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 2.50 | 0.00 | 0.00 | 2.10 | - | 0.00 | 0.00 | - | - | - |
| put | 5.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 7.50 | 0.00 | 0.00 | 7.10 | - | 0.00 | 0.00 | - | - | - |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-09 | 8-K | Current report | 2026-11-07 | SEC |
| 2026-11-04 | 8-K | Current report | 2026-11-02 | SEC |
| 2026-10-28 | SCHEDULE 13G | SEC | ||
| 2026-10-23 | SC TO-I/A | SEC | ||
| 2026-10-19 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-11-13 | SEC |
| 2026-10-15 | 8-K | Current report | 2026-10-15 | SEC |
| 2026-10-14 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-10-09 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-09 | SEC |
| 2026-10-07 | 8-K | Current report | 2026-10-07 | SEC |
| 2026-10-07 | SC TO-I | Issuer tender offer statement | SEC | |
| 2026-10-05 | 8-K | Current report | 2026-09-30 | SEC |
| 2026-10-05 | 8-K/A | 2026-07-16 | SEC | |
| 2026-10-01 | 8-K/A | 2026-07-16 | SEC | |
| 2026-09-28 | 8-K | Current report | 2026-09-23 | SEC |
| 2026-09-24 | 25-NSE | SEC | ||
| 2026-09-04 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-09-30 | SEC |
| 2026-08-26 | 8-K | Current report | 2026-08-21 | SEC |
| 2026-08-24 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-08-24 | SEC |
| 2026-08-17 | SCHEDULE 13G | SEC | ||
| 2026-08-14 | 8-K | Current report | 2026-08-14 | SEC |
| 2026-08-14 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-05 | D | Notice of sales of securities on Form D (Regulation D) | SEC | |
| 2026-08-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-31 | SEC |
| 2026-08-03 | 8-K | Current report | 2026-07-31 | SEC |
| 2026-07-31 | 8-K | Current report | 2026-07-31 | SEC |
| 2026-07-23 | 3 | Initial statement of beneficial ownership of securities | 2026-07-16 | 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 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| Velan Capital Investment Management LP | 9.53% |
| ACORN CAPITAL ADVISORS, LLC | 5.13% |
| KINGDON CAPITAL MANAGEMENT, L.L.C. | 4.83% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.18% |
| Rock Springs Capital Management LP | 3.93% |
| Carlyle Group Inc. | 3.20% |
| GSA CAPITAL PARTNERS LLP | 1.91% |
| MILLENNIUM MANAGEMENT LLC | 1.74% |
| Lion Point Capital, LP | 1.66% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.90% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.98% |
| VANGUARD EXTENDED MARKET INDEX FUND | 1.11% |
| Fidelity Extended Market Index Fund | 0.49% |
| Fidelity Total Market Index Fund | 0.15% |
| Fidelity Series Total Market Index Fund | 0.10% |
| VANGUARD BALANCED INDEX FUND | 0.09% |
| Fidelity Nasdaq Composite Index Fund | 0.03% |
| Knights of Columbus U.S. ALL CAP INDEX FUND | 0.00% |
| Blackstone Alternative Multi-Strategy Fund | -0.01% |
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