Kala Bio Inc
KALAHealthcare·Biotechnology·USA·Nano·NASD·Nov 11 • 3:57 PM ET
0.17100.0000 (0.00%)
2026-11-12 04:13 CET
Market cap
3.31 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-10.08 USD m
Free cash flow, TTM
-19.86 USD m
EPS diluted, TTM
-73.93
P/E
-
Price
KALA against its 20, 50 and 200-day averages2050200beat
99.8% under the 52-week high of 95.50 on 1 Dec 2025. 52-week low 0.12 on 14 Oct 2026. Last 15 sessions, 33.3% high to low
Volume 0.07× normal · the line is the 50-bar volume average
Profile
KALA52-week range, 0% of the way up
0.1195.50
Kala Bio, Inc. is a biopharmaceutical company. It focuses on the development and commercialization of therapeutics using proprietary nanoparticle-based mucus penetrating particles with an initial focus on the treatment of eye diseases. The company was founded by Justin Hanes, Robert S. Langer and Colin R. Gardner in 2009 and is headquartered in Arlington, MA.
| Employees | 6 |
|---|---|
| IPO | Jul 20, 2017 |
| Beta | -2.20 |
| ATR, 14d | 0.03 |
| Rel volume | 0.07 |
| Short float | 2.06% |
| Insider own | 3.89% |
| Inst own | 3.73% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 3.31M |
| Enterprise Value | -3.92M |
| Income | -10.08M |
| Sales | 0.00M |
| Book/sh | 0.47 |
| Cash/sh | 0.37 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 6 |
| IPO | Jul 20, 2017 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 0.37 |
| P/C | 0.46 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 6.88 |
| Current Ratio | 6.88 |
| Debt/Eq | 0.00 |
| LT Debt/Eq | 0.00 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -73.93 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | 51.75% 49.38% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 78.25% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 75.10% |
| Sales Q/Q | - |
| Earnings | Nov 09 BMO |
| EPS/Sales Surpr. | -0.39% - |
Ownership
| Insider Own | 3.89% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 3.73% |
| Inst Trans | 9.14% |
| ROA | -43.23% |
| ROE | -345.32% |
| ROIC | -111.46% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -3.91% |
| SMA50 | -50.86% |
| SMA200 | -96.94% |
| Trades | - |
Technical
| Shs Outstand | 19.34M |
|---|---|
| Shs Float | 18.59M |
| Short Float | 2.06% |
| Short Ratio | 0.25 |
| Short Interest | 0.38M |
| 52W High | 95.50 -99.82% |
| 52W Low | 0.11 49.21% |
| Volatility | 12.04% 16.34% |
| ATR (14) | 0.03 |
| RSI (14) | 30.62 |
| Beta | -2.20 |
| Rel Volume | 0.07 |
| Avg Volume | 1.50M |
| Volume | 105,445 |
Performance
| Perf Week | -3.99% |
|---|---|
| Perf Month | -34.23% |
| Perf Quarter | -81.49% |
| Perf Half Y | -94.41% |
| Perf YTD | -99.38% |
| Perf Year | -99.54% |
| Perf 3Y | -99.94% |
| Perf 5Y | -100.00% |
| Perf 10Y | - |
| Recom | 3.00 |
| Target Price | 1250.00 |
| Prev Close | 0.17 |
| Price | 0.17 |
| Change % | 0.00% |
Analyst ratings
latest 10 of 14| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Sep 30, 2025 | Downgrade | MMizuho | Outperform → Neutral | $1.50 | +777.2% |
| Sep 29, 2025 | Downgrade | LLadenburg Thalmann | Buy → Neutral | ||
| Sep 29, 2025 | Downgrade | HH.C. Wainwright | Buy → Neutral | ||
| Sep 08, 2025 | Initiated | MMizuho | Outperform | $30 | +17,443.9% |
| Jul 11, 2025 | Initiated | LLadenburg Thalmann | Buy | $12 | +6,917.5% |
| Mar 30, 2022 | Downgrade | JJP Morgan | Neutral → Underweight | ||
| Aug 06, 2021 | Downgrade | JJP Morgan | Overweight → Neutral | ||
| Sep 14, 2020 | Downgrade | JJefferies | Buy → Hold | $10 | +5,748.0% |
| Jul 23, 2020 | Initiated | NNorthland Capital | Outperform | ||
| Jun 01, 2020 | Resumed | OOppenheimer | Outperform | $21 | +12,180.7% |
Peers
Mkt capInsider trading
3 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| ANDREW I KOVEN | Director | Mar 17 '26 | Proposed Sale | 0.26 | 14,466 | 3,816 | Mar 17 04:21 PM | |
| Howard B Rosen | Director | Mar 12 '26 | Proposed Sale | 0.29 | 13,576 | 3,975 | Mar 12 05:40 PM | |
| CHARLES D MYERS | Director | Mar 12 '26 | Proposed Sale | 0.31 | 9,112 | 2,858 | Mar 12 04:04 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
News
latest 14 of 200- KALA BIO Provides CEO Update and Preliminary Third Quarter 2026 Financial Results (Newsfile) +13.73%
- KALA Bio Signs Non-Binding LOI to Acquire Nationwide Telehealth Platform with Approximately $48 Million in Sales Since Inception (Newsfile) +11.79%
- Kala Bio and Virotek Sign Letter of Intent with U.S. DNA Testing Platform to Resell Virotek's Suite of Genetic Testing Products (GlobeNewswire)
- KALA BIO Adds Healthcare Operator Yenvy Truong to Advisory Team (GlobeNewswire) +8.24%
- Kala Bio Signs Exclusive U.S. Distribution Agreement for Virotek Ophthalmology Genetic Tests (InvestorsHub) +7.37%
- Kala Bio and Virotek Finalize Definitive Agreement Establishing Exclusive U.S. Distribution Partnership for Ophthalmology Genetic Testing Program (GlobeNewswire)
- Kala Bio Targets Near-Term Revenue With Virotek Ophthalmology Genetic Testing Partnership (InvestorsHub) -20.89%
- Kala Bio and Virotek Announce Letter of Intent to Establish an Exclusive U.S. Distribution Partnership for Ophthalmology Genetic Testing Program (GlobeNewswire)
- KALA BIO: Q2 Earnings Snapshot (Associated Press) -6.66%
- KALA BIO: Q1 Earnings Snapshot (Associated Press) -5.18%
- KALA BIO Announces Reverse Stock Split (GlobeNewswire) -27.80%
- Kala Bio Celebrates Trump Executive Order as Game-Changer for Psychedelic Medicine (GlobeNewswire) -7.45%
- KALA BIO: Q4 Earnings Snapshot (Associated Press) -11.96%
- Kala Bio Engages Dr. Saeid Babaei as Senior Scientific Advisor to Evaluate Clinical Assets and Precision Development Opportunities (GlobeNewswire) -5.83%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2025Q4 | 2026-11-09 | - | -16.000 | 1.232 | - | - | 1 |
| 2025Q3 | 2025-11-17 | -50.500 | -50.500 | -53.703 | 0.00 | 0.00 | 1 |
| 2025Q2 | 2025-08-08 | -85.500 | -85.167 | -85.500 | 0.00 | 0.00 | 3 |
| 2025Q1 | 2025-05-14 | -70.500 | -101.5 | -70.495 | 0.00 | 0.00 | 2 |
| 2024Q4 | 2025-03-31 | -87.000 | -114 | -87.068 | 0.00 | 0.00 | 2 |
| 2024Q3 | 2024-11-12 | -96.500 | -121.5 | -96.703 | 0.00 | 0.00 | 2 |
| 2024Q2 | 2024-08-06 | -158 | -220.25 | -158.06 | 0.00 | 0.00 | 2 |
| 2024Q1 | 2024-05-14 | -210 | -144.5 | -209.85 | 0.00 | 0.00 | 2 |
| 2023Q4 | 2024-03-29 | -159 | -181 | -159.03 | 0.00 | 0.00 | 3 |
| 2023Q3 | 2023-11-13 | -170.5 | -149 | -170.65 | 0.00 | 2.50 | 1 |
| 2023Q2 | 2023-08-04 | -218 | -159.34 | -218.05 | 0.00 | 0.00 | 3 |
| 2023Q1 | 2023-05-09 | -349.5 | -242.34 | -349.29 | 0.00 | 0.00 | 3 |
| 2022Q4 | 2023-03-03 | -398.5 | -327.75 | -1,391 | 0.00 | 0.00 | 2 |
| 2022Q3 | 2022-11-08 | 962.5 | 537.5 | 962.43 | 0.42 | 62.50 | 2 |
| 2022Q2 | 2022-08-11 | -950 | -1,088 | -953.85 | 2.10 | 2.02 | 2 |
| 2022Q1 | 2022-05-16 | -1,125 | -841.08 | -1,118 | 1.37 | 3.11 | 5 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2018FY | -6,236 | -5,509 | -6,236 | 0.00 | 0.00 |
| 2019FY | -6,900 | -6,700 | -6,895 | 6.07 | 7.77 |
| 2020FY | -4,975 | -4,614 | -4,980 | 6.36 | 6.43 |
| 2021FY | -5,475 | -4,395 | -5,468 | 11.24 | 12.58 |
| 2022FY | -1,474 | -1,189 | -1,474 | 3.89 | 3.76 |
| 2023FY | -867.5 | -901.67 | -867.58 | 0.00 | 0.00 |
| 2024FY | -507.5 | -541.75 | -507.5 | 0.00 | 0.00 |
| 2025FY | - | -222.5 | -165.56 | - | 0.00 |
| 2026FY | - | -26.500 | - | - | 0.00 |
| 2027FY | - | -20.000 | - | - | - |
| 2028FY | - | -9.000 | - | - | - |
| 2029FY | - | -8.500 | - | - | - |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2025Q4 | S | 2025-10-20 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-09-05 | 2 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-08-08 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-05-14 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-03-31 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-01-05 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-01-04 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-01-03 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-01-02 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2025-01-01 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2024-12-31 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2024-12-30 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2024-12-29 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2025Q4 | S | 2024-12-28 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -9277.15 | -6236.275 | -6894.75 | -4979.575 | -5467.75 | -1473.816 | -867.576 | -507.252 | -165.557 | -73.9271 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -158.058 | -96.703 | -87.068 | -70.495 | -85.635 | -53.703 | 1.232 | -0.137 | -21.319 | |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
| Sales, annual | 0 | 0 | 6.074 | 6.362 | 11.24 | 3.892 | 0 | 0 | 0 | 0 |
| Period | 2017 | 2018 | 2019 | 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 | 0.01 | 0.014 | 0.014 | 0.024 | 0.026 | 0.034 | 0.055 | 0.122 | 0.557 | 19.34 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 0.092 | 0.092 | 0.122 | 0.129 | 0.134 | 0.149 | 0.557 | 18.59 | 19.34 | |
| 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 | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 3.89 | 11.24 | 6.36 | 6.07 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.18 | 0.32 | 0.26 | 0.30 | 2.56 | 4.10 | 3.17 | 2.85 | 0.95 |
| Gross Profit | -0.18 | -0.32 | -0.26 | -0.30 | 1.33 | 7.14 | 3.19 | 3.23 | -0.95 |
| Selling, General and Administrative Excl. Other | 24.23 | 42.09 | 40.17 | 38.85 | 82.69 | 116.58 | 99.42 | 91.45 | 63.77 |
| Research and Development | 6.43 | 18.46 | 21.84 | 18.59 | 17.65 | 11.52 | 18.35 | 26.96 | 29.29 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -24.41 | -42.41 | -40.43 | -39.15 | -81.36 | -109.43 | -96.23 | -88.22 | -64.72 |
| Interest Expense | 1.10 | 3.28 | 5.78 | 5.81 | 7.27 | 8.38 | 8.59 | 8.48 | 3.31 |
| Unusual Expense | -9.21 | -9.04 | 0.55 | 0.51 | 2.93 | 24.90 | 0.00 | 0.00 | 0.39 |
| Net Income Before Taxes | -10.08 | -26.98 | -38.51 | -42.20 | -44.82 | -142.60 | -104.33 | -94.35 | -66.74 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -10.08 | -26.98 | -38.51 | -42.20 | -44.82 | -142.60 | -104.33 | -94.35 | -66.74 |
| Net Income From Continuing Operations | -10.08 | -26.98 | -38.51 | -42.20 | -44.82 | -142.60 | -104.33 | -94.35 | -66.74 |
| Net Income | -10.08 | -26.98 | -38.51 | -42.20 | -44.82 | -142.60 | -104.33 | -94.35 | -66.74 |
| EPS (Recurring) | -222.91 | -204.39 | -502.19 | -860.24 | -1,406.31 | -4,799.55 | -4,979.57 | -6,894.74 | -6,210.78 |
| EPS (Basic, Before Extraordinaries) | -73.93 | -165.56 | -507.25 | -867.58 | -1,473.82 | -5,467.75 | -4,979.57 | -6,894.75 | -6,236.27 |
| EPS (Diluted) | -73.93 | -165.56 | -507.25 | -867.58 | -1,473.82 | -5,467.75 | -4,979.57 | -6,894.75 | -6,236.27 |
| EBITDA | -24.23 | -42.09 | -40.17 | -38.85 | -80.50 | -107.17 | -93.39 | -85.61 | -63.77 |
| Non-Operating Income (Expense) | 6.22 | 9.66 | 8.26 | 3.28 | 46.73 | 0.10 | 0.49 | 2.36 | 1.69 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.84 | 7.00 | 8.39 | 7.46 | 7.01 | 16.09 | 13.31 | 9.99 | 8.62 |
| Price To Sales Ratio | - | - | - | - | 14.91 | 7.02 | 55.82 | 20.78 | - |
| Gross Margin | - | - | - | - | 34.22 | 63.55 | 50.13 | 53.11 | - |
| Operating Margin | - | - | - | - | -2,090.34 | -973.60 | -1,512.59 | -1,452.49 | - |
| Net Margin | - | - | - | - | -1,151.64 | -1,268.73 | -1,639.85 | -1,553.29 | - |
| Shares Outstanding | 19.34 | 0.56 | 0.12 | 0.06 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 |
| Market Capitalization | 3.31 | 3.31 | 42.27 | 18.85 | 56.33 | 79.18 | 399.05 | 133.03 | 165.43 |
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 | 0.00 | 0.00 | 0.05 | 0.13 | 0.07 | 0.07 | 0.07 | 0.06 |
| Gross Profit | 0.00 | 0.00 | -0.05 | -0.13 | -0.07 | -0.07 | -0.07 | -0.06 |
| Selling, General and Administrative Excl. Other | 1.72 | 1.80 | 10.17 | 10.53 | 10.81 | 10.58 | 9.39 | 9.51 |
| Research and Development | 0.06 | 0.06 | 0.31 | 6.00 | 6.17 | 5.99 | 5.19 | 5.11 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -1.72 | -1.80 | -10.22 | -10.66 | -10.88 | -10.65 | -9.46 | -9.57 |
| Interest Expense | 0.00 | 0.00 | 0.14 | 0.96 | 1.08 | 1.09 | 1.39 | 1.48 |
| Unusual Expense | 0.00 | 0.00 | -5.79 | -3.42 | 0.15 | 0.02 | 0.00 | 0.42 |
| Net Income Before Taxes | -1.58 | -1.62 | 0.69 | -7.56 | -11.15 | -8.95 | -8.18 | -8.95 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -1.58 | -1.62 | 0.69 | -7.56 | -11.15 | -8.95 | -8.18 | -8.95 |
| Net Income From Continuing Operations | -1.58 | -1.62 | 0.69 | -7.56 | -11.15 | -8.95 | -8.18 | -8.95 |
| Net Income | -1.58 | -1.62 | 0.69 | -7.56 | -11.15 | -8.95 | -8.18 | -8.95 |
| EPS (Recurring) | -21.32 | -0.14 | -6.05 | -70.71 | -84.81 | -70.38 | -87.07 | -93.53 |
| EPS (Basic, Before Extraordinaries) | -21.32 | -0.14 | 1.23 | -53.70 | -85.64 | -70.49 | -87.07 | -96.70 |
| EPS (Diluted) | -21.32 | -0.14 | 1.23 | -53.70 | -85.64 | -70.49 | -87.07 | -96.70 |
| EBITDA | -1.72 | -1.80 | -10.17 | -10.53 | -10.81 | -10.58 | -9.39 | -9.51 |
| Non-Operating Income (Expense) | 0.14 | 0.18 | 5.26 | 0.64 | 0.95 | 2.81 | 2.68 | 2.52 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | -0.14 | -0.47 | 0.40 | 2.04 | 2.24 | 2.31 | 2.09 | 2.04 |
| Shares Outstanding | 19.34 | 18.59 | 0.56 | 0.15 | 0.13 | 0.13 | 0.12 | 0.09 |
| Market Capitalization | 3.31 | 160.90 | 15.48 | 11.37 | 31.79 | 36.97 | 42.27 | 26.28 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 7.56 | 51.18 | 50.90 | 70.50 | 94.18 | 153.54 | 85.45 | 170.90 | 114.56 |
| Short Term Receivables | 0.00 | 0.00 | 0.24 | 6.50 | 17.45 | 9.85 | 13.10 | 1.03 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 8.64 | 5.23 | 4.65 | 4.09 | 0.00 |
| Other Current Assets | 1.93 | 1.62 | 1.74 | 8.95 | 4.09 | 2.76 | 2.29 | 1.01 | 0.65 |
| Total Current Assets | 9.49 | 52.80 | 52.87 | 85.94 | 124.37 | 171.38 | 105.48 | 177.03 | 115.21 |
| Net Property, Plant & Equipment | 0.00 | 2.44 | 2.78 | 0.42 | 4.02 | 31.02 | 32.48 | 2.17 | 0.79 |
| Total Investments and Advances | 0.00 | 0.25 | 0.30 | 0.46 | 1.46 | 12.99 | 12.58 | 12.21 | 0.13 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | - | - | - | 29.57 | 0.41 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 9.58 | 6.22 | 3.78 | 0.00 | 0.00 |
| Total Assets | 9.49 | 55.48 | 55.95 | 86.82 | 139.43 | 221.61 | 154.32 | 220.97 | 116.55 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 10.72 | 0.33 | 5.01 | 0.71 | 1.53 | 1.33 | 0.46 | 7.06 |
| Accounts Payable | 0.99 | 0.63 | 0.92 | 2.35 | 2.78 | 1.72 | 2.52 | 5.45 | 1.20 |
| Other Current Liabilities | 1.51 | 5.61 | 7.09 | 18.32 | 33.93 | 18.97 | 20.93 | 11.10 | 6.61 |
| Total Current Liabilities | 2.49 | 16.96 | 8.35 | 25.68 | 37.42 | 22.23 | 24.77 | 17.01 | 14.87 |
| Long Term Debt | 0.00 | 21.54 | 35.99 | 37.94 | 79.48 | 99.39 | 99.86 | 98.98 | 11.99 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 4.66 | 4.11 | 4.22 | 5.72 | 0.00 | 0.00 | 0.00 | 0.01 |
| Total Liabilities | 2.49 | 43.15 | 48.45 | 67.85 | 122.62 | 121.61 | 124.63 | 115.99 | 26.87 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 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 | 0.00 | 0.00 | 0.00 |
| Common Equity | 7.00 | 12.33 | 7.50 | 18.97 | 16.80 | 100.00 | 29.69 | 104.98 | 89.68 |
| Total Shareholders Equity | 7.00 | 12.33 | 7.50 | 18.97 | 16.80 | 100.00 | 29.69 | 104.98 | 89.68 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 7.00 | 12.33 | 7.50 | 18.97 | 16.80 | 100.00 | 29.69 | 104.98 | 89.68 |
| Total Liabilities & Stockholders Equity | 9.49 | 55.48 | 55.95 | 86.82 | 139.43 | 221.61 | 154.32 | 220.97 | 116.55 |
| Book Value Per Share | 12.56 | 101.23 | 135.97 | 555.78 | 641.37 | 4,243.16 | 2,057.02 | 7,750.18 | 9,136.63 |
| Tangible Book Value Per Share | 12.56 | 101.23 | 135.97 | 555.78 | 641.37 | 4,243.16 | 2,057.02 | 5,567.42 | 9,094.55 |
| Full-Time Employees | 6 | 38 | 43 | 34 | 192 | 188 | 136 | 130 | 37 |
| Price to Book Ratio | 0.37 | 3.43 | 1.68 | -58.20 | 4.71 | 3.99 | 4.48 | 1.58 | 4.55 |
| Return on Assets | -83.05 | -69.12 | -59.12 | -39.62 | -79.00 | -55.50 | -50.28 | -39.60 | -51.83 |
| Return on Equity | -279.18 | -388.29 | -318.75 | -250.56 | -244.19 | -160.89 | -140.12 | -68.57 | -70.17 |
| Return on Invested Capital | -385.65 | -113.71 | -97.02 | -78.76 | -148.11 | -52.33 | -72.83 | -32.72 | -41.52 |
| Quick Ratio | 3.81 | 3.11 | 6.33 | 3.35 | 3.09 | 7.48 | 4.07 | 10.17 | 7.75 |
| Current Ratio | 3.81 | 3.11 | 6.33 | 3.35 | 3.32 | 7.71 | 4.26 | 10.41 | 7.75 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -10.08 | -26.98 | -38.51 | -42.20 | -44.82 | -142.60 | -104.33 | -94.35 | -66.74 |
| Depreciation | 0.18 | 0.32 | 0.26 | 0.47 | 0.98 | 2.31 | 2.84 | 2.62 | 0.95 |
| Other Funds (Non Cash) | -3.93 | 0.19 | 10.65 | 4.90 | -35.55 | 42.68 | 14.37 | 10.95 | 9.28 |
| Funds from Operations | -13.82 | -26.47 | -27.60 | -36.82 | -79.40 | -97.62 | -87.12 | -80.78 | -56.50 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -6.04 | -5.52 | -1.78 | 8.89 | 0.49 | -10.62 | -3.57 | -11.94 | 2.38 |
| Cash from Operating Activities | -19.86 | -31.99 | -29.38 | -27.93 | -78.91 | -108.23 | -90.69 | -92.72 | -54.12 |
| Capital Expenditures | 0.00 | -0.01 | -0.21 | -0.61 | -0.31 | -0.89 | -1.94 | -1.33 | -1.58 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -4.65 | 0.00 | 0.00 | - |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.05 | 63.02 | 0.09 | 0.00 | 0.00 | - |
| Purchase or Sale of Investments | -7.00 | 0.00 | 0.00 | 0.13 | 0.01 | 76.25 | -76.27 | 0.00 | 0.00 |
| Purchase of Investments | -7.00 | 0.00 | 0.00 | -9.87 | -4.99 | 0.00 | -113.59 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 10.00 | 5.00 | 76.25 | 37.33 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 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 | 0.00 | 0.00 |
| Cash from Investing Activities | -7.00 | -0.01 | -0.21 | -0.43 | 62.72 | 70.80 | -78.21 | -1.33 | -1.58 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 15.10 | 10.89 | 22.76 | 20.55 | 32.10 | 42.82 | 160.66 | 9.01 | 71.30 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 15.10 | 10.89 | 22.76 | 20.55 | 32.10 | 42.82 | 160.66 | 9.01 | 71.30 |
| Proceedsfrom Stock Options | 15.02 | 10.81 | 22.68 | 20.50 | 31.80 | 41.23 | 158.56 | 8.43 | 70.77 |
| Issuance or Reduction of Debt, Net | -20.00 | -22.50 | 7.24 | -10.00 | -40.04 | -0.26 | -0.03 | -0.03 | 52.81 |
| Change in Long Term Debt | -20.00 | -22.50 | 7.24 | -10.00 | -40.04 | -0.26 | -0.03 | -0.03 | 52.81 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 12.28 | 0.00 | 0.00 | 77.78 | 0.00 | 0.00 | 52.81 |
| Reduction of Long Term Debt | -20.00 | -22.50 | -5.04 | -10.00 | -40.04 | -78.05 | -0.03 | -0.03 | 0.00 |
| Net Financing Active Other Cash Flow | 0.06 | 0.00 | -0.12 | -2.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.06 | 0.00 | -0.12 | -2.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -4.85 | -11.62 | 29.88 | 8.51 | -7.94 | 42.55 | 160.63 | 8.98 | 124.10 |
| Net Change in Cash | -31.71 | -43.62 | 0.29 | -19.85 | -24.13 | 5.12 | -8.28 | -85.07 | 68.41 |
| Free Cash Flow | -19.86 | -32.01 | -29.59 | -28.54 | -79.22 | -109.12 | -92.64 | -94.06 | -55.70 |
| Preferred Dividends (Cash Flow) | - | - | 0.00 | 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 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 7.23 | 8.76 | 7.56 | 21.10 | 31.94 | 42.22 |
| Short Term Receivables | 0.21 | 0.07 | 0.00 | 0.01 | 0.13 | 2.47 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 3.14 | 3.48 | 1.93 | 3.17 | 1.59 | 1.02 |
| Total Current Assets | 10.58 | 12.32 | 9.49 | 24.27 | 33.66 | 45.72 |
| Net Property, Plant & Equipment | 0.00 | 0.00 | 0.00 | 0.60 | 2.16 | 2.30 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.14 | 0.23 | 0.24 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 10.58 | 12.32 | 9.49 | 25.02 | 36.05 | 48.25 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 | 28.83 | 9.92 | 15.90 |
| Accounts Payable | 1.14 | 1.04 | 0.99 | 0.92 | 0.66 | 0.93 |
| Other Current Liabilities | 0.40 | 0.51 | 1.51 | 2.83 | 5.44 | 6.15 |
| Total Current Liabilities | 1.54 | 1.56 | 2.49 | 32.57 | 16.02 | 22.98 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 1.11 | 20.01 | 16.45 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 3.23 | 3.12 |
| Total Liabilities | 1.54 | 1.56 | 2.49 | 33.69 | 39.26 | 42.54 |
| 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 | 9.04 | 10.76 | 7.00 | -8.66 | -3.21 | 5.71 |
| Total Shareholders Equity | 9.04 | 10.76 | 7.00 | -8.66 | -3.21 | 5.71 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 9.04 | 10.76 | 7.00 | -8.66 | -3.21 | 5.71 |
| Total Liabilities & Stockholders Equity | 10.58 | 12.32 | 9.49 | 25.02 | 36.05 | 48.25 |
| Book Value Per Share | 0.47 | 0.58 | 12.56 | -58.29 | -24.00 | 44.23 |
| Tangible Book Value Per Share | 0.47 | 0.58 | 12.56 | -58.29 | -24.00 | 44.23 |
| Full-Time Employees | - | - | 6 | - | - | - |
| Price to Book Ratio | 0.37 | 14.95 | 2.21 | -1.31 | -9.92 | 6.48 |
| Return on Assets | -43.23 | -64.90 | -83.05 | -90.62 | -76.24 | -70.40 |
| Return on Equity | -345.32 | -238.68 | -279.18 | - | -708.34 | -576.46 |
| Return on Invested Capital | -17.48 | -15.06 | 9.81 | - | -66.37 | -40.37 |
| Quick Ratio | 6.88 | 7.91 | 3.81 | 0.75 | 2.10 | 1.99 |
| Current Ratio | 6.88 | 7.91 | 3.81 | 0.75 | 2.10 | 1.99 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -1.58 | -1.62 | 0.69 | -7.56 | -11.15 | -8.95 |
| Depreciation | 0.00 | 0.00 | 0.05 | 0.13 | 0.07 | 0.07 |
| Other Funds (Non Cash) | -0.14 | 1.28 | -3.91 | -1.17 | 2.66 | 2.61 |
| Funds from Operations | -1.72 | -0.34 | -3.17 | -8.60 | -8.43 | -6.27 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.18 | -2.56 | -1.39 | -2.27 | 0.69 | -2.55 |
| Cash from Operating Activities | -1.53 | -2.90 | -4.56 | -10.88 | -7.73 | -8.82 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | -0.02 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | -7.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | -7.00 | 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 | 0.00 | -7.00 | 0.00 | 0.00 | -0.02 | 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 |
| Change in Capital Stock | 0.00 | 4.10 | 10.93 | 0.06 | 0.00 | -0.11 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 4.10 | 10.93 | 0.06 | 0.00 | -0.11 |
| Proceedsfrom Stock Options | 0.00 | 4.10 | 10.93 | -0.01 | 0.00 | -0.11 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | -20.00 | 0.00 | -2.50 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | -20.00 | 0.00 | -2.50 | 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 | -20.00 | 0.00 | -2.50 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.09 | -0.03 | -0.03 | -0.03 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.09 | -0.03 | -0.03 | -0.03 |
| Cash from Financing Activities | 0.00 | 4.10 | -8.98 | 0.03 | -2.53 | -0.14 |
| Net Change in Cash | -1.53 | -5.79 | -13.54 | -10.85 | -10.28 | -8.96 |
| Free Cash Flow | -1.53 | -2.90 | -4.56 | -10.88 | -7.75 | -8.82 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 2.06% | 0.4M | 18.6M | 1.49M |
| 2026-10-15 | 2.90% | 0.5M | 18.6M | 1.48M |
| 2026-09-30 | 7.31% | 1.4M | 18.6M | 1.39M |
| 2026-09-15 | 2.40% | 0.4M | 18.6M | 342.21K |
| 2026-08-31 | 2.17% | 0.4M | 18.6M | 171.54K |
| 2026-08-14 | 1.37% | 0.3M | 18.6M | 134.49K |
| 2026-07-31 | 1.51% | 0.3M | 18.6M | 138.15K |
| 2026-07-15 | 1.44% | 0.3M | 17.8M | 131.90K |
| 2026-06-30 | 1.23% | 0.2M | 17.8M | 104.67K |
| 2026-06-15 | 0.35% | 0.1M | 18.6M | 82.62K |
| 2026-05-29 | 0.38% | 0.1M | 18.6M | 170.04K |
| 2026-05-15 | 0.23% | 0.0M | 18.6M | 161.26K |
| 2026-04-30 | 0.11% | 0.0M | 18.6M | 150.51K |
| 2026-04-15 | 0.11% | 0.0M | 18.6M | 141.63K |
| 2026-03-31 | 0.13% | 0.0M | 17.1M | 142.26K |
| 2026-03-13 | 0.80% | 0.1M | 17.1M | 134.74K |
| 2026-02-27 | 0.11% | 0.0M | 17.1M | 151.55K |
| 2026-02-13 | 2.51% | 0.0M | 0.5M | 161.93K |
| 2026-01-30 | 2.26% | 0.0M | 0.5M | 159.61K |
| 2026-01-15 | 1.68% | 0.0M | 0.5M | 156.41K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-09 | 8-K | Current report | 2026-11-09 | SEC |
| 2026-11-03 | 8-K | Current report | 2026-11-03 | SEC |
| 2026-10-19 | SCHEDULE 13G | SEC | ||
| 2026-09-24 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-11-03 | SEC |
| 2026-09-11 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-09-11 | SEC |
| 2026-09-10 | 8-K | Current report | 2026-09-03 | SEC |
| 2026-09-09 | 8-K | Current report | 2026-09-09 | SEC |
| 2026-08-28 | 8-K | Current report | 2026-08-27 | SEC |
| 2026-08-19 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-14 | NT 10-Q | 2026-06-30 | SEC | |
| 2026-07-23 | 8-K | Current report | 2026-07-22 | SEC |
| 2026-07-22 | 424B5 | SEC | ||
| 2026-07-02 | SCHEDULE 13D/A | SEC | ||
| 2026-06-25 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-06-12 | S-3/A | SEC | ||
| 2026-05-15 | SCHEDULE 13G/A | SEC | ||
| 2026-05-15 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-07 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-05-07 | 8-K | Current report | 2026-05-07 | SEC |
| 2026-03-31 | NT 10-K | 2025-12-31 | SEC | |
| 2026-03-17 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-03-17 | D | Notice of sales of securities on Form D (Regulation D) | SEC | |
| 2026-03-12 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-03-12 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-03-04 | 8-K | Current report | 2026-03-03 | SEC |
| 2026-02-20 | 8-K | Current report | 2026-02-16 | SEC |
| 2026-02-17 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-02-17 | 424B3 | SEC | ||
| 2026-02-17 | SCHEDULE 13G/A | SEC | ||
| 2026-02-13 | CORRESP | 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 1.19% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.90% |
| VANGUARD FIDUCIARY TRUST CO | 0.55% |
| STATE STREET CORP | 0.48% |
| BlackRock, Inc. | 0.38% |
| NORTHERN TRUST CORP | 0.22% |
| Qube Research & Technologies Ltd | 0.06% |
| GOLDMAN SACHS GROUP INC | 0.06% |
| UBS Group AG | 0.01% |
| Tower Research Capital LLC | 0.00% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD EXTENDED MARKET INDEX FUND | 1.19% |
| Fidelity Extended Market Index Fund | 0.50% |
| Fidelity Series Total Market Index Fund | 0.13% |
| Fidelity Total Market Index Fund | 0.12% |
| Fidelity Nasdaq Composite Index Fund | 0.07% |
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