Lantern Pharma Inc
LTRNHealthcare·Biotechnology·USA·Nano·NASD·Nov 11 • 3:59 PM ET
0.4810+0.0180 (3.89%)
2026-11-12 04:35 CET
Market cap
7.18 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-18.65 USD m
Free cash flow, TTM
-14.08 USD m
EPS diluted, TTM
-1.61
P/E
-
Price
LTRN against its 20, 50 and 200-day averages2050200beatmiss
88.9% under the 52-week high of 4.34 on 1 Jul 2026. 52-week low 0.45 on 10 Nov 2026. Last 15 sessions, 86.7% high to low
Volume 0.65× normal · the line is the 50-bar volume average
Profile
LTRN52-week range, 1% of the way up
0.454.34
Lantern Pharma, Inc. engages in the development of drugs through leveraging artificial intelligence, machine learning, and genomic data. Its portfolio includes LP-100, LP-300, and LP-184. The company was founded by Arun K. Asaithambi, Gregory T. Tobin, and Peter L. Nara on November 7, 2013 and is headquartered in Dallas, TX.
| Employees | 16 |
|---|---|
| IPO | Jun 11, 2020 |
| Beta | 2.50 |
| ATR, 14d | 0.11 |
| Rel volume | 0.65 |
| Short float | 7.96% |
| Insider own | 22.23% |
| Inst own | 26.51% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 7.19M |
| Enterprise Value | -0.13M |
| Income | -18.65M |
| Sales | 0.00M |
| Book/sh | -0.25 |
| Cash/sh | 0.49 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 16 |
| IPO | Jun 11, 2020 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | - |
| P/C | 0.98 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 1.96 |
| Current Ratio | 1.96 |
| Debt/Eq | - |
| LT Debt/Eq | - |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -1.61 |
|---|---|
| EPS next Y | -2.02 |
| EPS next Q | -0.35 |
| EPS this Y | -3.82% |
| EPS next Y | -23.93% |
| EPS next 5Y | -10.36% |
| EPS past 3/5Y | -6.13% -10.59% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 9.68% |
| Sales Y/Y TTM | - |
| EPS Q/Q | -41.76% |
| Sales Q/Q | - |
| Earnings | Aug 14 BMO |
| EPS/Sales Surpr. | -50.00% - |
Ownership
| Insider Own | 22.23% |
|---|---|
| Insider Trans | 3.01% |
| Inst Own | 26.51% |
| Inst Trans | -1.14% |
| ROA | -143.36% |
| ROE | -400.92% |
| ROIC | - |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -23.01% |
| SMA50 | -53.90% |
| SMA200 | -79.51% |
| Trades | - |
Technical
| Shs Outstand | 12.76M |
|---|---|
| Shs Float | 11.61M |
| Short Float | 7.96% |
| Short Ratio | 3.80 |
| Short Interest | 0.92M |
| 52W High | 4.34 -88.92% |
| 52W Low | 0.45 6.89% |
| Volatility | 19.76% 15.37% |
| ATR (14) | 0.11 |
| RSI (14) | 28.89 |
| Beta | 2.50 |
| Rel Volume | 0.65 |
| Avg Volume | 243.07K |
| Volume | 157,211 |
Performance
| Perf Week | -18.00% |
|---|---|
| Perf Month | -32.32% |
| Perf Quarter | -81.71% |
| Perf Half Y | -80.84% |
| Perf YTD | -84.13% |
| Perf Year | -86.41% |
| Perf 3Y | -85.42% |
| Perf 5Y | -95.04% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 22.00 |
| Prev Close | 0.46 |
| Price | 0.48 |
| Change % | 3.89% |
Analyst ratings
latest 1 of 1| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Oct 07, 2021 | Initiated | HH.C. Wainwright | Buy | $32 | +6,552.8% |
Peers
Mkt capInsider trading
2 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Schalop Lee Troy | Director | May 12 '26 | Buy | 2.06 | 48,544 | 100,001 | 48,544 | May 14 04:10 PM |
| KEYSER D JEFFREY | Director | May 12 '26 | Buy | 2.06 | 48,544 | 100,001 | 94,303 | May 14 04:10 PM |
Held by
AUMNews
latest 14 of 200- Lantern Pharma Announces Peer-Reviewed Publication of Phase 1a LP-184 Data in Recurrent Glioblastoma, Supporting a Phase 1b/2a Combination Trial with Spironolactone (Business Wire) -22.70%
- What Could Go Wrong With Recursion Pharmaceuticals Stock? (Trefis) -8.79%
- Lantern Pharma to Present at the ThinkEquity Conference in NYC on October 15th, 2026 (Business Wire)
- Lantern Pharma secures Taiwan clearances for Phase II NSCLC study (Clinical Trials Arena)
- Lantern Pharma Receives Taiwan Approvals to Open Next Stage of Phase 2 HARMONIC Trial of LP-300 in Never-Smoker, EGFR-Mutant NSCLC (Business Wire)
- Lantern Pharma Inc. Announces Closing of up to $8 Million Registered Direct Offering (Business Wire) -6.91%
- Lantern Pharma Inc. Announces up to $8 Million Registered Direct Offering (Business Wire)
- Open-Medicine AI: Lantern Pharma to Present the Agentic AI Drug Development Market, User Needs, Development Roadmap, Platform Economics, and Benchmarks, Today at 12:30 PM ET (Business Wire)
- Lantern Pharma Secures USPTO Notice of Allowance for LP-284 Treatment Patent in Aggressive B-Cell Lymphomas (Business Wire) -9.33%
- Lantern Pharma to Present Open-Medicine AI - a Multi-Agentic Platform for End-to-End Therapeutic Development - Business Model, Roadmap, and Value Proposition on September 23 (Business Wire) -11.40%
- Lantern Pharma Inc (LTRN) (Q2 2026) Earnings Call Highlights: AI-Driven Pipeline Advances Amid ... (GuruFocus.com) -8.03%
- Lantern Pharma Reports Second Quarter 2026 Financial Results and Provides Business Update (Business Wire)
- Lantern Pharma to Report Second Quarter 2026 Operating & Financial Results on August 14th, 2026 at 9:00 a.m. ET (Business Wire)
- Lantern Pharma (Nasdaq: LTRN) Establishes Open-Medicine AI as a Separate Company to Commercialize and Expand Its Multi-Agent AI Co-Scientist Platform for the Transformation of Medicine (Business Wire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q2 | 2026-08-14 | -0.570 | -0.380 | -0.570 | 0.00 | 0.00 | 1 |
| 2026Q1 | 2026-05-15 | -0.300 | -0.360 | -0.296 | 0.00 | 0.00 | 1 |
| 2025Q4 | 2026-03-30 | -0.360 | -0.460 | -0.362 | 0.00 | 0.00 | 1 |
| 2025Q3 | 2025-11-13 | -0.390 | -0.470 | -0.386 | 0.00 | 0.00 | 1 |
| 2025Q2 | 2025-08-13 | -0.400 | -0.440 | -0.402 | 0.00 | 0.00 | 1 |
| 2025Q1 | 2025-05-15 | -0.420 | -0.490 | -0.421 | 0.00 | 0.00 | 1 |
| 2024Q4 | 2025-03-27 | -0.540 | -0.510 | -0.545 | 0.00 | 0.00 | 1 |
| 2024Q3 | 2024-11-07 | -0.420 | -0.560 | -0.419 | 0.00 | 0.00 | 1 |
| 2024Q2 | 2024-08-08 | -0.460 | -0.550 | -0.461 | 0.00 | 0.00 | 1 |
| 2024Q1 | 2024-05-09 | -0.510 | -0.430 | -0.507 | 0.00 | 0.00 | 1 |
| 2023Q4 | 2024-03-18 | -0.390 | -0.400 | -0.388 | 0.00 | 0.00 | 2 |
| 2023Q3 | 2023-11-08 | -0.290 | -0.483 | -0.291 | 0.00 | 0.00 | 3 |
| 2023Q2 | 2023-08-09 | -0.440 | -0.433 | -0.437 | 0.00 | 0.00 | 3 |
| 2023Q1 | 2023-05-09 | -0.360 | -0.480 | -0.356 | 0.00 | 0.00 | 1 |
| 2022Q4 | 2023-03-20 | -0.310 | -0.470 | -0.311 | 0.00 | 0.00 | 2 |
| 2022Q3 | 2022-11-07 | -0.210 | -0.480 | -0.209 | 0.00 | 0.00 | 2 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2020FY | -1.370 | -1.320 | -0.950 | 0.00 | 0.00 |
| 2021FY | -1.130 | -1.217 | -1.134 | 0.00 | 0.00 |
| 2022FY | -1.310 | -1.480 | -1.314 | 0.00 | 0.00 |
| 2023FY | -1.470 | -1.507 | -1.472 | 0.00 | 0.00 |
| 2024FY | -1.930 | -1.915 | -1.931 | 0.00 | 0.00 |
| 2025FY | -1.570 | -1.670 | -1.570 | 0.00 | 0.00 |
| 2026FY | - | -1.630 | - | - | 0.00 |
| 2027FY | - | -2.020 | - | - | 0.00 |
| 2028FY | - | -2.110 | - | - | - |
| 2029FY | - | -2.200 | - | - | - |
| 2030FY | - | -2.380 | - | - | - |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q3 | S | 2026-08-14 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-05-18 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | S | 2026-04-20 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q3 | R | 2026-10-28 | 1 | 0 | 0 | -0.35 | -0.35 | -0.35 |
| 2026Q3 | R | 2026-08-14 | 1 | 1 | 0 | -0.35 | -0.35 | -0.35 |
| 2026Q3 | R | 2026-05-18 | 1 | 0 | 0 | -0.38 | -0.38 | -0.38 |
| 2026Q3 | R | 2026-03-31 | 1 | 0 | 0 | -0.38 | -0.38 | -0.38 |
| 2026Q3 | E | 2026-10-28 | 1 | 0 | 0 | -0.35 | -0.35 | -0.35 |
| 2026Q3 | E | 2026-08-14 | 1 | 1 | 0 | -0.35 | -0.35 | -0.35 |
| 2026Q3 | E | 2026-05-18 | 1 | 0 | 0 | -0.38 | -0.38 | -0.38 |
| 2026Q3 | E | 2026-03-31 | 1 | 0 | 0 | -0.38 | -0.38 | -0.38 |
| 2026Q2 | S | 2026-05-18 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-05-16 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q2 | S | 2026-05-15 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.276 | -0.388 | -0.95 | -1.134 | -1.314 | -1.472 | -1.931 | -1.571 | -1.6127 |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -0.461 | -0.419 | -0.545 | -0.421 | -0.402 | -0.386 | -0.362 | -0.296 | -0.569 |
| 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 | 0 | 0 |
| Period | 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 | 6.265 | 6.265 | 6.221 | 11.089 | 10.857 | 10.721 | 10.785 | 11.255 | 12.759 |
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 10.759 | 10.785 | 10.785 | 10.785 | 10.785 | 11.04 | 11.255 | 11.255 | 12.759 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.02 | 0.02 | 0.19 | 0.17 | 0.15 | 0.10 | 0.00 | 0.00 | -0.00 |
| Gross Profit | -0.02 | -0.02 | -0.19 | -0.17 | -0.15 | -0.10 | -0.00 | -0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 15.45 | 17.96 | 22.03 | 17.70 | 14.28 | 12.49 | 5.90 | 2.43 | 1.73 |
| Research and Development | 8.70 | 11.51 | 16.13 | 11.89 | 8.60 | 7.57 | 2.24 | 0.95 | 0.57 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -15.47 | -17.98 | -22.22 | -17.88 | -14.43 | -12.59 | -5.91 | -2.43 | -1.73 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | 0.00 | 0.00 |
| Unusual Expense | 2.13 | 0.00 | 0.00 | 0.00 | 0.49 | 0.00 | 0.00 | - | - |
| Net Income Before Taxes | -18.65 | -17.12 | -20.78 | -15.96 | -14.26 | -12.36 | -5.91 | -2.43 | -1.73 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -18.65 | -17.12 | -20.78 | -15.96 | -14.26 | -12.36 | -5.91 | -2.43 | -1.73 |
| Net Income From Continuing Operations | -18.65 | -17.12 | -20.78 | -15.96 | -14.26 | -12.36 | -5.91 | -2.43 | -1.73 |
| Net Income | -18.65 | -17.12 | -20.78 | -15.96 | -14.26 | -12.36 | -5.91 | -2.43 | -1.73 |
| EPS (Recurring) | -1.38 | -1.57 | -1.93 | -1.47 | -1.28 | -1.13 | -0.95 | -0.39 | -0.28 |
| EPS (Basic, Before Extraordinaries) | -1.61 | -1.57 | -1.93 | -1.47 | -1.31 | -1.13 | -0.95 | -0.39 | -0.28 |
| EPS (Diluted) | -1.61 | -1.57 | -1.93 | -1.47 | -1.31 | -1.13 | -0.95 | -0.39 | -0.28 |
| EBITDA | -15.45 | -17.96 | -22.03 | -17.70 | -14.28 | -12.49 | -5.90 | -2.43 | -1.73 |
| Non-Operating Income (Expense) | -1.06 | 0.86 | 1.44 | 1.92 | 0.67 | 0.23 | 0.00 | 0.00 | 0.00 |
| 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 | 0.89 | 0.65 | 0.65 | 1.02 | 1.19 | 0.96 | 1.19 | 0.12 | 0.19 |
| Shares Outstanding | 12.76 | 11.25 | 10.78 | 10.72 | 10.86 | 11.09 | 6.22 | 6.27 | 6.27 |
| Market Capitalization | 7.18 | 7.18 | 34.40 | 46.52 | 65.58 | 89.38 | 119.69 | 120.19 | - |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 |
| Gross Profit | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.05 | -0.05 |
| Selling, General and Administrative Excl. Other | 3.50 | 3.40 | 4.20 | 4.35 | 4.65 | 4.77 | 5.85 | 5.13 |
| Research and Development | 1.79 | 1.72 | 2.74 | 2.44 | 3.07 | 3.26 | 4.27 | 3.72 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -3.51 | -3.41 | -4.20 | -4.35 | -4.65 | -4.77 | -5.90 | -5.18 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 2.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -7.07 | -3.33 | -4.07 | -4.18 | -4.33 | -4.54 | -5.88 | -4.51 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -7.07 | -3.33 | -4.07 | -4.18 | -4.33 | -4.54 | -5.88 | -4.51 |
| Net Income From Continuing Operations | -7.07 | -3.33 | -4.07 | -4.18 | -4.33 | -4.54 | -5.88 | -4.51 |
| Net Income | -7.07 | -3.33 | -4.07 | -4.18 | -4.33 | -4.54 | -5.88 | -4.51 |
| EPS (Recurring) | -0.45 | -0.30 | -0.36 | -0.39 | -0.40 | -0.42 | -0.54 | -0.42 |
| EPS (Basic, Before Extraordinaries) | -0.57 | -0.30 | -0.36 | -0.39 | -0.40 | -0.42 | -0.54 | -0.42 |
| EPS (Diluted) | -0.57 | -0.30 | -0.36 | -0.39 | -0.40 | -0.42 | -0.54 | -0.42 |
| EBITDA | -3.50 | -3.40 | -4.20 | -4.35 | -4.65 | -4.77 | -5.85 | -5.13 |
| Non-Operating Income (Expense) | -1.44 | 0.08 | 0.13 | 0.17 | 0.32 | 0.24 | 0.02 | 0.67 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.29 | 0.26 | 0.20 | 0.14 | 0.16 | 0.15 | 0.20 | 0.18 |
| Shares Outstanding | 12.76 | 11.25 | 11.25 | 11.04 | 10.78 | 10.78 | 10.78 | 10.78 |
| Market Capitalization | 7.18 | 15.32 | 33.89 | 46.98 | 34.08 | 38.18 | 34.40 | 39.51 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 10.12 | 24.01 | 41.30 | 55.74 | 70.73 | 19.23 | 1.23 | 0.45 |
| Short Term Receivables | 0.03 | 0.10 | 0.86 | 0.59 | 0.18 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.65 | 1.14 | 1.18 | 2.39 | 1.81 | 1.01 | 0.00 | 0.00 |
| Total Current Assets | 10.80 | 25.25 | 43.34 | 58.72 | 72.72 | 20.24 | 1.23 | 0.45 |
| Net Property, Plant & Equipment | 0.11 | 0.29 | 0.28 | 0.10 | 0.22 | 0.02 | 0.01 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | - | - | - | - | - | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 0.00 | - | - | - | - | - | - | - |
| Other Assets | 0.13 | 0.04 | 0.03 | 0.02 | 0.02 | 0.10 | 0.19 | 0.00 |
| Total Assets | 11.04 | 25.57 | 43.65 | 58.84 | 73.95 | 20.36 | 1.43 | 0.45 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.08 | 0.19 | 0.17 | 0.05 | 0.15 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 4.42 | 4.14 | 2.51 | 2.75 | 2.17 | 0.55 | 0.49 | 0.12 |
| Other Current Liabilities | 0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | 0.00 | 0.54 |
| Total Current Liabilities | 4.50 | 4.33 | 2.68 | 2.80 | 2.33 | 0.55 | 0.49 | 0.65 |
| Long Term Debt | 0.00 | 0.05 | 0.06 | 0.00 | 0.05 | 0.11 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 0.00 | - | - | - | - | - | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.51 | 4.38 | 2.74 | 2.80 | 2.38 | 0.66 | 0.49 | 0.65 |
| Non-Equity Reserves | 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 | 0.01 | 0.01 |
| Common Equity | 6.53 | 21.19 | 40.91 | 56.04 | 71.57 | 19.70 | 0.93 | -0.21 |
| Total Shareholders Equity | 6.53 | 21.19 | 40.91 | 56.04 | 71.57 | 19.70 | 0.94 | -0.20 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 6.53 | 21.19 | 40.91 | 56.04 | 71.57 | 19.70 | 0.94 | -0.20 |
| Total Liabilities & Stockholders Equity | 11.04 | 25.57 | 43.65 | 58.84 | 73.95 | 20.36 | 1.43 | 0.45 |
| Book Value Per Share | 0.58 | 1.96 | 3.82 | 5.16 | 6.45 | 3.17 | 0.15 | -0.03 |
| Tangible Book Value Per Share | 0.58 | 1.96 | 3.82 | 5.16 | 6.45 | 3.17 | 0.15 | -0.03 |
| Full-Time Employees | 16 | 24 | 21 | 23 | 16 | 15 | - | - |
| Price to Book Ratio | -1.91 | 1.29 | 1.02 | 1.11 | 1.24 | 6.08 | 5.57 | - |
| Return on Assets | -93.52 | -60.04 | -31.15 | -21.48 | -26.22 | -54.22 | -257.99 | - |
| Return on Equity | -123.51 | -66.93 | -32.93 | -22.35 | -27.09 | -57.24 | -654.95 | - |
| Return on Invested Capital | -262.00 | -97.84 | -38.96 | -25.45 | -17.26 | -29.83 | -257.42 | - |
| Quick Ratio | 2.40 | 5.83 | 16.18 | 20.99 | 31.26 | 36.64 | 2.52 | 0.68 |
| Current Ratio | 2.40 | 5.83 | 16.18 | 20.99 | 31.26 | 36.64 | 2.52 | 0.68 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -18.65 | -17.12 | -20.78 | -15.96 | -14.26 | -12.36 | -5.91 | -2.43 | -1.73 |
| Depreciation | 0.02 | 0.02 | 0.19 | 0.17 | 0.15 | 0.10 | 0.00 | 0.00 | -0.00 |
| Other Funds (Non Cash) | 5.06 | 0.79 | 0.55 | 0.90 | 1.95 | 1.07 | 1.19 | 0.12 | 0.19 |
| Funds from Operations | -13.58 | -16.31 | -20.04 | -14.88 | -12.16 | -11.19 | -4.71 | -2.31 | -1.54 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.50 | 0.64 | 2.23 | 0.54 | -0.61 | 0.60 | -0.94 | 0.18 | 0.27 |
| Cash from Operating Activities | -14.08 | -15.68 | -17.81 | -14.35 | -12.77 | -10.59 | -5.65 | -2.13 | -1.27 |
| Capital Expenditures | -0.00 | -0.00 | -0.01 | -0.02 | -0.03 | -0.02 | -0.02 | -0.01 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Purchase or Sale of Investments | 9.17 | 11.06 | 3.38 | -0.91 | 0.21 | -19.52 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | -6.28 | -14.72 | -17.28 | -8.20 | -3.91 | -19.58 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 15.45 | 25.78 | 20.66 | 7.28 | 4.12 | 0.06 | 0.00 | 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 | 9.17 | 11.06 | 3.37 | -0.93 | 0.18 | -19.53 | -0.02 | -0.01 | 0.01 |
| 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 | 5.49 | 1.50 | 0.07 | -0.50 | -2.18 | 63.42 | 23.56 | 2.92 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | -0.50 | -2.48 | -0.94 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 5.49 | 1.50 | 0.07 | 0.00 | 0.30 | 64.36 | 23.56 | 2.92 | 0.00 |
| Proceedsfrom Stock Options | 5.48 | 1.48 | 0.00 | 0.00 | 0.00 | 64.22 | 23.50 | 2.92 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 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 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.54 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 5.49 | 1.50 | 0.07 | -0.50 | -2.18 | 63.42 | 23.66 | 2.92 | 0.54 |
| Exchange Rate Effect | 0.02 | 0.03 | -0.05 | -0.03 | -0.01 | 0.00 | - | - | - |
| Net Change in Cash | 0.60 | -3.09 | -14.43 | -15.81 | -14.78 | 33.30 | 18.00 | 0.79 | -0.73 |
| Free Cash Flow | -14.08 | -15.68 | -17.83 | -14.37 | -12.80 | -10.61 | -5.67 | -2.13 | - |
| 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 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 7.36 | 6.32 | 10.12 | 12.36 | 15.90 | 19.72 |
| Short Term Receivables | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 1.10 | 0.73 | 0.65 | 1.10 | 1.30 | 1.10 |
| Total Current Assets | 8.46 | 7.06 | 10.80 | 13.46 | 17.20 | 20.82 |
| Net Property, Plant & Equipment | 0.06 | 0.08 | 0.11 | 0.13 | 0.18 | 0.24 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | - | - | 0.00 | - | - | - |
| Other Assets | 0.08 | 0.08 | 0.13 | 0.04 | 0.04 | 0.04 |
| Total Assets | 8.60 | 7.22 | 11.04 | 13.63 | 17.42 | 21.10 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.04 | 0.06 | 0.08 | 0.09 | 0.13 | 0.16 |
| Accounts Payable | 4.28 | 3.72 | 4.42 | 3.95 | 4.75 | 4.12 |
| Other Current Liabilities | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 |
| Total Current Liabilities | 4.32 | 3.78 | 4.50 | 4.04 | 4.88 | 4.29 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | - | - | 0.00 | - | - | - |
| Other Liabilities | 7.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 11.82 | 3.78 | 4.51 | 4.04 | 4.90 | 4.32 |
| 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 | -3.22 | 3.45 | 6.53 | 9.59 | 12.52 | 16.78 |
| Total Shareholders Equity | -3.22 | 3.45 | 6.53 | 9.59 | 12.52 | 16.78 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | -3.22 | 3.45 | 6.53 | 9.59 | 12.52 | 16.78 |
| Total Liabilities & Stockholders Equity | 8.60 | 7.22 | 11.04 | 13.63 | 17.42 | 21.10 |
| Book Value Per Share | -0.25 | 0.31 | 0.58 | 0.87 | 1.16 | 1.56 |
| Tangible Book Value Per Share | -0.25 | 0.31 | 0.58 | 0.87 | 1.16 | 1.56 |
| Full-Time Employees | - | - | 16 | - | - | - |
| Price to Book Ratio | -1.91 | 2.36 | 3.49 | 3.75 | 2.03 | 1.80 |
| Return on Assets | -143.36 | -112.37 | -93.52 | -86.16 | -72.63 | -65.35 |
| Return on Equity | -400.92 | -157.37 | -123.51 | -104.58 | -88.59 | -75.66 |
| Return on Invested Capital | - | -96.62 | -62.35 | -43.57 | -34.55 | -26.99 |
| Quick Ratio | 1.96 | 1.87 | 2.40 | 3.33 | 3.52 | 4.86 |
| Current Ratio | 1.96 | 1.87 | 2.40 | 3.33 | 3.52 | 4.86 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -7.07 | -3.33 | -4.07 | -4.18 | -4.33 | -4.54 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Funds (Non Cash) | 4.05 | 0.32 | 0.44 | 0.26 | 0.01 | 0.09 |
| Funds from Operations | -3.02 | -3.01 | -3.63 | -3.92 | -4.32 | -4.44 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.08 | -0.76 | 0.84 | -0.66 | 0.38 | 0.07 |
| Cash from Operating Activities | -2.94 | -3.77 | -2.79 | -4.57 | -3.94 | -4.38 |
| Capital Expenditures | 0.00 | 0.00 | -1E-06 | -0.00 | 0.00 | -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 | 0.69 | 4.25 | -1.70 | 5.93 | 3.59 | 3.24 |
| Purchase of Investments | 0.00 | 0.00 | -4.20 | -2.08 | -3.46 | -4.98 |
| Sale Or Maturity of Investments | 0.69 | 4.25 | 2.50 | 8.01 | 7.05 | 8.22 |
| 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 | 0.69 | 4.25 | -1.70 | 5.93 | 3.59 | 3.24 |
| 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 | 3.99 | 0.00 | 0.53 | 0.97 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 3.99 | 0.00 | 0.53 | 0.97 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 3.99 | 0.00 | 0.53 | 0.96 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 3.99 | 0.00 | 0.53 | 0.97 | 0.00 | 0.00 |
| Exchange Rate Effect | -0.00 | 0.02 | 0.00 | -0.00 | 0.03 | 0.00 |
| Net Change in Cash | 1.74 | 0.49 | -3.97 | 2.33 | -0.32 | -1.13 |
| Free Cash Flow | -2.94 | -3.77 | -2.79 | -4.57 | -3.94 | -4.38 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 7.96% | 0.9M | 11.6M | 230.86K |
| 2026-10-15 | 3.35% | 0.4M | 11.6M | 185.62K |
| 2026-09-30 | 4.18% | 0.5M | 11.6M | 172.60K |
| 2026-09-15 | 5.61% | 0.6M | 9.9M | 139.23K |
| 2026-08-31 | 5.68% | 0.6M | 9.9M | 150.72K |
| 2026-08-14 | 6.97% | 0.7M | 9.9M | 175.55K |
| 2026-07-31 | 8.83% | 0.8M | 9.6M | 216.03K |
| 2026-07-15 | 9.45% | 0.9M | 10.0M | 251.88K |
| 2026-06-30 | 9.64% | 0.9M | 9.6M | 534.06K |
| 2026-06-15 | 14.19% | 1.4M | 9.6M | 678.92K |
| 2026-05-29 | 17.34% | 1.5M | 8.5M | 654.67K |
| 2026-05-15 | 22.33% | 1.9M | 8.5M | 627.70K |
| 2026-04-30 | 24.14% | 2.0M | 8.4M | 581.39K |
| 2026-04-15 | 21.03% | 1.7M | 8.3M | 551.66K |
| 2026-03-31 | 24.95% | 2.2M | 8.8M | 477.31K |
| 2026-03-13 | 3.60% | 0.3M | 8.7M | 54.50K |
| 2026-02-27 | 3.77% | 0.3M | 8.7M | 59.87K |
| 2026-02-13 | 3.54% | 0.3M | 8.7M | 60.50K |
| 2026-01-30 | 3.55% | 0.3M | 8.7M | 63.86K |
| 2026-01-15 | 3.62% | 0.3M | 8.7M | 80.30K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 1.00 | 0.00 | 2.80 | 0.10 | 0.000 | 39.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| call | 2.00 | 0.00 | 2.80 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| call | 3.00 | 0.00 | 2.80 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| call | 4.00 | 0.00 | 2.80 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| call | 5.00 | 0.00 | 2.80 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| put | 1.00 | 0.00 | 2.35 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| put | 2.00 | 0.00 | 3.40 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| put | 3.00 | 0.65 | 4.40 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| put | 4.00 | 1.65 | 5.40 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
| put | 5.00 | 2.65 | 6.40 | 0.00 | 0.000 | 0.00 | 0.00 | 0.000 | 0.000 | 0.000 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-21 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-10-19 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-19 | SEC |
| 2026-10-13 | SCHEDULE 13G/A | SEC | ||
| 2026-10-08 | PRE 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-10-08 | SEC |
| 2026-10-01 | 8-K | Current report | 2026-09-25 | SEC |
| 2026-09-30 | 8-K | Current report | 2026-09-28 | SEC |
| 2026-09-30 | 424B5 | SEC | ||
| 2026-09-24 | 8-K | Current report | 2026-09-23 | SEC |
| 2026-09-23 | 8-K | Current report | 2026-09-23 | 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 |
| 2026-08-04 | SCHEDULE 13G | SEC | ||
| 2026-08-03 | 8-K | Current report | 2026-08-03 | SEC |
| 2026-07-23 | SCHEDULE 13G/A | SEC | ||
| 2026-06-18 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-06-12 | S-1 | General form of registration statement for all companies including face-amount certificate companies | SEC | |
| 2026-06-02 | 8-K | Current report | 2026-06-01 | SEC |
| 2026-05-21 | D | Notice of sales of securities on Form D (Regulation D) | SEC | |
| 2026-05-15 | SCHEDULE 13D/A | SEC | ||
| 2026-05-15 | 8-K | Current report | 2026-05-15 | SEC |
| 2026-05-15 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-05-14 | 8-K | Current report | 2026-05-12 | SEC |
| 2026-05-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-12 | SEC |
| 2026-05-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-12 | SEC |
| 2026-05-14 | 424B5 | SEC | ||
| 2026-04-30 | 10-K/A | 2025-12-31 | SEC | |
| 2026-04-16 | SCHEDULE 13D/A | SEC | ||
| 2026-04-10 | 8-K | Current report | 2026-04-09 | SEC |
| 2026-04-03 | SCHEDULE 13G | SEC | ||
| 2026-03-30 | 424B5 | 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 | 200.00K | 2 | 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 |
|---|---|
| Empery Asset Management, LP | 6.60% |
| CM Management, LLC | 3.92% |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.33% |
| RENAISSANCE TECHNOLOGIES LLC | 2.28% |
| BIOS Capital Management, LP | 1.95% |
| UBS Group AG | 0.98% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.80% |
| VANGUARD FIDUCIARY TRUST CO | 0.39% |
| CITADEL ADVISORS LLC | 0.38% |
| Westside Investment Management, Inc. | 0.37% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.65% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.64% |
| Fidelity Extended Market Index Fund | 0.39% |
| Horizon Kinetics Medical ETF | 0.20% |
| Fidelity Series Total Market Index Fund | 0.14% |
| Fidelity Total Market Index Fund | 0.12% |
| U.S. Social Core Equity 2 Portfolio | 0.09% |
| U.S. SMALL CAP PORTFOLIO | 0.08% |
| Fidelity Nasdaq Composite Index Fund | 0.06% |
| VANGUARD BALANCED INDEX FUND | 0.04% |
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