Veradermics Inc
MANEHealthcare·Biotechnology·USA·Mid·NYSE·Nov 11 • 3:59 PM ET
156.56+8.12 (5.47%)
2026-11-12 03:35 CET
Market cap
6,541.09 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-21.00 USD m
Free cash flow, TTM
-23.29 USD m
EPS diluted, TTM
-0.50
P/E
-
Price
MANE against its 20 and 50-day averages2050beatmiss
At the 52-week high of 156.63 on 11 Nov 2026. 52-week low 32.00 on 4 Feb 2026. Last 15 sessions, 25.0% high to low
Volume 0.98× normal · the line is the 50-bar volume average
Profile
MANE52-week range, 100% of the way up
32.00152.82
Veradermics, Inc. is a late clinical-stage biopharmaceutical company. It focuses on developing innovative therapeutics to address pervasive treatment challenges in highly prevalent aesthetic and dermatological conditions. The company was founded in 2019 and is headquartered in New Haven, CT.
| Index | RUT |
|---|---|
| Employees | 21 |
| IPO | Feb 04, 2026 |
| ATR, 14d | 9.15 |
| Rel volume | 0.98 |
| Short float | 11.35% |
| Insider own | 28.54% |
| Inst own | 70.00% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 6.54B |
| Enterprise Value | 5.74B |
| Income | -102.72M |
| Sales | - |
| Book/sh | 18.88 |
| Cash/sh | 19.11 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 21 |
| IPO | Feb 04, 2026 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 8.29 |
| P/C | 8.19 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 77.68 |
| Current Ratio | 77.68 |
| Debt/Eq | 0.00 |
| LT Debt/Eq | 0.00 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -2.62 |
|---|---|
| EPS next Y | -2.52 |
| EPS next Q | -0.60 |
| EPS this Y | 18.74% |
| EPS next Y | 8.40% |
| EPS next 5Y | 26.04% |
| EPS past 3/5Y | -117.94% - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | - |
| Sales Y/Y TTM | - |
| EPS Q/Q | 17.64% |
| Sales Q/Q | - |
| Earnings | Nov 10 BMO |
| EPS/Sales Surpr. | -1.26% - |
Ownership
| Insider Own | 28.54% |
|---|---|
| Insider Trans | -7.46% |
| Inst Own | 70.00% |
| Inst Trans | 20.02% |
| ROA | -65.46% |
| ROE | -70.00% |
| ROIC | - |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | 15.60% |
| SMA50 | 29.54% |
| SMA200 | 63.57% |
| Trades | - |
Technical
| Shs Outstand | 42.19M |
|---|---|
| Shs Float | 29.86M |
| Short Float | 11.35% |
| Short Ratio | 4.64 |
| Short Interest | 3.39M |
| 52W High | 152.82 2.45% |
| 52W Low | 32.00 389.25% |
| Volatility | 8.35% 6.83% |
| ATR (14) | 9.15 |
| RSI (14) | 67.64 |
| Beta | - |
| Rel Volume | 0.98 |
| Avg Volume | 730.46K |
| Volume | 713,872 |
Performance
| Perf Week | 14.69% |
|---|---|
| Perf Month | 34.66% |
| Perf Quarter | 41.05% |
| Perf Half Y | 46.13% |
| Perf YTD | 360.47% |
| Perf Year | - |
| Perf 3Y | - |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 178.17 |
| Prev Close | 148.44 |
| Price | 156.56 |
| Change % | 5.47% |
Analyst ratings
latest 6 of 6| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jul 15, 2026 | Initiated | RB. Riley Securities | Buy | $170 | +8.6% |
| Jun 02, 2026 | Initiated | NNeedham | Buy | $136 | -13.1% |
| Mar 02, 2026 | Initiated | LLeerink Partners | Outperform | $75 | -52.1% |
| Mar 02, 2026 | Initiated | JJefferies | Buy | $75 | -52.1% |
| Mar 02, 2026 | Initiated | CCitigroup | Buy | $85 | -45.7% |
| Mar 02, 2026 | Initiated | CCantor Fitzgerald | Overweight |
Peers
Mkt capInsider trading
latest 14 of 19| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| MONTANOVA CAPITAL, LLC | Director | Aug 19 '26 | Sale | 107.25 | 750,000 | 80,437,500 | 461,033 | Aug 21 06:11 PM |
| Averill Master Fund, Ltd. | Affiliate | Aug 19 '26 | Proposed Sale | 107.25 | 690,601 | 74,066,957 | Aug 19 07:14 PM | |
| Averill Madison Master Fund, L | Affiliate | Aug 19 '26 | Proposed Sale | 107.25 | 59,399 | 6,370,543 | Aug 19 07:12 PM | |
| Durso Timothy August | Chief Technical Officer | Aug 17 '26 | Option Exercise | 12.19 | 3,452 | 42,080 | 121,642 | Aug 18 09:10 PM |
| Durso Timothy August | Chief Technical Officer | Aug 17 '26 | Sale | 107.82 | 43,500 | 4,690,005 | 78,142 | Aug 18 09:10 PM |
| Waldman Reid Alexander | Chief Executive Officer | Aug 17 '26 | Option Exercise | 12.19 | 3,452 | 42,080 | 238,324 | Aug 18 09:04 PM |
| Waldman Reid Alexander | Chief Executive Officer | Aug 17 '26 | Sale | 107.86 | 67,500 | 7,280,713 | 170,824 | Aug 18 09:04 PM |
| Timothy Durso | Officer | Aug 17 '26 | Proposed Sale | 111.28 | 87,000 | 9,681,360 | Aug 17 05:39 PM | |
| Reid Alexander Waldman | CEO | Aug 17 '26 | Proposed Sale | 111.28 | 135,000 | 15,022,800 | Aug 17 05:30 PM | |
| CHILDS JOHN W | Director | Aug 12 '26 | Sale | 107.12 | 100,000 | 10,711,700 | 194,117 | Aug 14 06:01 PM |
| AMZL, LP | Shareholder | Aug 12 '26 | Proposed Sale | 108.95 | 104,587 | 11,394,754 | Aug 12 06:01 PM | |
| SR One Capital Fund II Aggrega | Shareholder | Aug 12 '26 | Proposed Sale | 108.95 | 217,162 | 23,659,800 | Aug 12 06:00 PM | |
| SUVRETTA CAPITAL MANAGEMENT, L | Director | Feb 04 '26 | Buy | 37.05 | 155,953 | 5,778,342 | 3,648,538 | Feb 09 06:28 PM |
| SUVRETTA CAPITAL MANAGEMENT, L | Director | Feb 05 '26 | Buy | 37.99 | 96,200 | 3,655,079 | 489,932 | Feb 09 06:28 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 687.42B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.25B |
| JGRO | JPMorgan Active Growth ETF | AUM: 9.31B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| IHE | iShares U.S. Pharmaceuticals ETF | AUM: 1.72B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| XPH | State Street SPDR S&P Pharmaceuticals ETF | AUM: 516.35M |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.10B |
News
latest 14 of 96- Veradermics: Q3 Earnings Snapshot (Associated Press) +5.47%
- Veradermics Reports Third Quarter 2026 Financial Results and Highlights Recent Corporate and Clinical Progress (Business Wire)
- Veradermics stock rises on 12-month hair growth trial data (Investing.com)
- Veradermics Achieved the Highest VDPHL01 Reported Hair Count in the Phase 3 Program to Date in Positive 12-Month Study '302' Data in Male Pattern Hair Loss (Business Wire)
- Veradermics to Hold Conference Call to Discuss 12-Month Long-Term Results from Phase 3 '302' Clinical Trial of VDPHL01 in Males with Mild-to-Moderate Pattern Hair Loss (Business Wire)
- Veradermics stock up on male hair loss trial success (Clinical Trials Arena) +12.37%
- Veradermics stock surges as hair loss drug meets Phase 3 goals (Investing.com)
- Roche inks $15B ADC pact with Hansoh; Veradermics scores in another baldness study (BioPharma Dive)
- Veradermics' Oral VDPHL01 Achieved Early, Consistent, and Robust Hair Growth in Positive Phase 3 '304' Clinical Trial in Male Pattern Hair Loss (Business Wire)
- Veradermics to Hold Conference Call to Discuss Topline Results from Phase 3 '304' Clinical Trial of VDPHL01 in Males with Mild-to-Moderate Pattern Hair Loss (Business Wire)
- Veradermics to Present at Upcoming September Investor Conferences (Business Wire)
- Hair Loss Biotechs Emerge As Wall Street's Newest Growth Trade (BeInCrypto)
- Veradermics: Q2 Earnings Snapshot (Associated Press)
- Veradermics Reports Second Quarter 2026 Financial Results and Highlights Recent Corporate and Clinical Progress (Business Wire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-10 | -0.610 | -0.602 | -0.498 | 0.00 | 0.00 | 6 |
| 2026Q2 | 2026-08-11 | -0.574 | -0.648 | -0.563 | 0.00 | 0.00 | 6 |
| 2026Q1 | 2026-05-12 | -1.184 | -0.637 | -0.804 | 0.00 | 0.00 | 4 |
| 2025Q4 | 2026-03-30 | -1.061 | -1.812 | -0.755 | 0.00 | 0.00 | 1 |
| 2026Q4 | - | - | -0.600 | - | - | 0.00 | 6 |
| 2027Q1 | - | - | -0.530 | - | - | 0.00 | 1 |
| 2027Q2 | - | - | -0.600 | - | - | 0.00 | 1 |
| 2027Q3 | - | - | -0.660 | - | - | 0.00 | 1 |
| 2027Q4 | - | - | -0.890 | - | - | 0.00 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2025FY | -3.392 | -6.752 | - | 0.00 | 0.00 |
| 2026FY | - | -2.756 | - | - | 0.00 |
| 2027FY | - | -2.525 | - | - | 12.47 |
| 2028FY | - | -1.372 | - | - | 134.33 |
| 2029FY | - | -0.278 | - | - | 230.28 |
| 2030FY | - | 4.833 | - | - | 552.1 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-11-10 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-08-11 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-05-12 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-03-30 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-02-27 | 3 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-02-26 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | R | 2026-11-10 | 1 | 0 | 0 | -0.64 | -0.64 | -0.64 |
| 2026Q4 | R | 2026-10-25 | 1 | 0 | 0 | -0.64 | -0.64 | -0.64 |
| 2026Q4 | R | 2026-10-22 | 1 | 1 | 0 | -0.64 | -0.64 | -0.64 |
| 2026Q4 | R | 2026-08-22 | 2 | 1 | 0 | -0.55 | -0.64 | -0.45 |
| 2026Q4 | R | 2026-08-11 | 2 | 2 | 0 | -0.55 | -0.64 | -0.45 |
| 2026Q4 | R | 2026-07-06 | 2 | 1 | 1 | -0.60 | -0.74 | -0.45 |
| 2026Q4 | R | 2026-06-08 | 2 | 1 | 1 | -0.55 | -0.65 | -0.45 |
| 2026Q4 | R | 2026-06-07 | 1 | 0 | 1 | -0.65 | -0.65 | -0.65 |
Estimate history
| EPS, annual | -0.47 | -0.778 | -2.233 | -2.6194 | ||||
|---|---|---|---|---|---|---|---|---|
| Period | 2023 | 2024 | 2025 | TTM | ||||
| EPS, quarterly | -0.185 | -0.391 | -0.482 | -0.604 | -0.755 | -0.804 | -0.563 | -0.498 |
| Period | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 0 | 0 | 0 | |||||
| Period | 2023 | 2024 | 2025 | |||||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 35.077 | 35.077 | 37.34 | 42.186 | ||||
| Period | 2023 | 2024 | 2025 | MRQ | ||||
| Shares, quarterly | 35.077 | 37.34 | 37.34 | 37.34 | 37.34 | 37.34 | 41.78 | 42.186 |
| Period | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 28.78 | 72.35 | 26.78 | 17.32 |
| Research and Development | 16.07 | 62.06 | 23.28 | 14.97 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -28.78 | -72.35 | -26.78 | -17.32 |
| Interest Expense | 0.00 | 0.00 | 0.58 | 0.04 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -21.00 | -70.00 | -26.49 | -16.49 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -21.00 | -70.00 | -26.49 | -16.49 |
| Net Income From Continuing Operations | -21.00 | -70.00 | -26.49 | -16.49 |
| Net Income | -21.00 | -83.37 | -27.30 | -16.49 |
| EPS (Recurring) | -0.50 | -2.23 | -0.78 | -0.47 |
| EPS (Basic, Before Extraordinaries) | -0.50 | -2.23 | -0.78 | -0.47 |
| EPS (Diluted) | -0.50 | -2.23 | -0.78 | -0.47 |
| EBITDA | -28.78 | -72.35 | -26.78 | -17.32 |
| Non-Operating Income (Expense) | 7.78 | 2.35 | 0.88 | 0.87 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.09 | 1.44 | 0.25 | 0.21 |
| Shares Outstanding | 42.19 | 37.34 | 35.08 | 35.08 |
| Market Capitalization | 6,541.09 | 6,541.09 | - | - |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 28.78 | 29.55 | 29.86 | 23.01 | 20.35 | 16.07 | 12.91 | 5.97 |
| Research and Development | 16.07 | 18.61 | 20.93 | 18.19 | 18.10 | 14.33 | 11.45 | 4.95 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -28.78 | -29.55 | -29.86 | -23.01 | -20.35 | -16.07 | -12.91 | -5.97 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.53 | 0.00 | 0.00 | 0.00 | 0.29 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -21.00 | -23.50 | -27.23 | -21.85 | -20.10 | -15.64 | -12.40 | -5.66 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -21.00 | -23.50 | -27.23 | -21.85 | -20.10 | -15.64 | -12.40 | -5.66 |
| Net Income From Continuing Operations | -21.00 | -23.50 | -27.23 | -21.85 | -20.10 | -15.64 | -12.40 | -5.66 |
| Net Income | -21.00 | -23.50 | -30.01 | -28.21 | -22.57 | -18.01 | -14.58 | -6.47 |
| EPS (Recurring) | -0.50 | -0.56 | -0.80 | -0.76 | -0.60 | -0.48 | -0.39 | -0.18 |
| EPS (Basic, Before Extraordinaries) | -0.50 | -0.56 | -0.80 | -0.76 | -0.60 | -0.48 | -0.39 | -0.18 |
| EPS (Diluted) | -0.50 | -0.56 | -0.80 | -0.76 | -0.60 | -0.48 | -0.39 | -0.18 |
| EBITDA | -28.78 | - | - | -23.01 | -20.35 | - | - | -5.97 |
| Non-Operating Income (Expense) | 7.78 | 6.05 | 2.63 | 1.70 | 0.24 | 0.43 | 0.52 | 0.60 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.09 | 3.52 | 5.26 | 0.97 | 0.14 | 0.12 | 0.21 | 0.09 |
| Shares Outstanding | 42.19 | 41.78 | 37.34 | 37.34 | 37.34 | 37.34 | 37.34 | 35.08 |
| Market Capitalization | 6,541.09 | 5,136.27 | 2,357.99 | 2,272.11 | - | - | - | - |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY |
|---|---|---|---|
| Cash & Short Term Investments | 141.86 | 53.08 | 16.30 |
| Short Term Receivables | 1.25 | 1.38 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 5.99 | 1.08 | 1.27 |
| Total Current Assets | 149.11 | 55.53 | 17.56 |
| Net Property, Plant & Equipment | 0.02 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 |
| Long-Term Note Receivable | 1.85 | 3.85 | 0.89 |
| Intangible Assets | - | 0.00 | 0.00 |
| Other Assets | 3.49 | 0.00 | 0.00 |
| Total Assets | 154.47 | 59.38 | 18.46 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 0.00 | 2.25 | 1.85 |
| Other Current Liabilities | 9.15 | 2.47 | 1.20 |
| Total Current Liabilities | 9.15 | 4.72 | 3.05 |
| Long Term Debt | 0.00 | 0.00 | 0.79 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 9.16 | 4.72 | 3.84 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 266.33 | 103.14 | 36.86 |
| Common Equity | -121.01 | -48.48 | -22.24 |
| Total Shareholders Equity | 145.31 | 54.66 | 14.62 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 |
| Total Equity | 145.31 | 54.66 | 14.62 |
| Total Liabilities & Stockholders Equity | 154.47 | 59.38 | 18.46 |
| Book Value Per Share | -3.24 | -1.38 | -0.63 |
| Tangible Book Value Per Share | -3.24 | -1.38 | -0.63 |
| Full-Time Employees | 21 | - | - |
| Price to Book Ratio | 8.29 | - | - |
| Return on Assets | -65.46 | -68.06 | - |
| Return on Equity | -70.00 | -76.46 | - |
| Return on Invested Capital | -48.17 | -48.46 | -107.05 |
| Quick Ratio | 16.29 | 11.77 | 5.75 |
| Current Ratio | 16.29 | 11.77 | 5.75 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY |
|---|---|---|---|---|
| Net Income | -21.00 | -70.00 | -26.49 | -16.49 |
| Other Funds (Non Cash) | 3.24 | 2.28 | 2.07 | 2.06 |
| Funds from Operations | -17.76 | -67.72 | -24.42 | -14.43 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -5.19 | -3.89 | 0.73 | 0.92 |
| Cash from Operating Activities | -22.95 | -71.60 | -23.69 | -13.51 |
| Capital Expenditures | -0.35 | -0.02 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -165.21 | -118.83 | 0.00 | 0.00 |
| Purchase of Investments | -209.82 | -143.85 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 44.61 | 25.02 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -165.56 | -118.86 | 0.00 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | - | - | - | 0.00 |
| Change in Capital Stock | 1.33 | 159.14 | 52.81 | 13.89 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 1.33 | 159.14 | 52.81 | 13.89 |
| Proceedsfrom Stock Options | 0.00 | 158.99 | 52.81 | 13.89 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 7.66 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 7.66 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 8.51 | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | -0.84 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | 1.33 | 159.14 | 60.48 | 13.89 |
| Net Change in Cash | -187.18 | -31.32 | 36.79 | 0.39 |
| Free Cash Flow | -23.29 | -71.63 | -23.69 | -13.51 |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 798.35 | 819.89 | 390.80 | 141.86 | - | - |
| Short Term Receivables | 1.24 | 1.59 | 1.65 | 1.25 | - | - |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Other Current Assets | 6.20 | 3.26 | 4.62 | 5.99 | - | - |
| Total Current Assets | 805.78 | 824.75 | 397.07 | 149.11 | - | - |
| Net Property, Plant & Equipment | 0.39 | 0.04 | 0.02 | 0.02 | - | - |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Other Assets | 1.04 | 0.95 | 0.27 | 3.49 | - | - |
| Total Assets | 807.22 | 826.33 | 398.58 | 154.47 | - | - |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Other Current Liabilities | 10.37 | 11.69 | 6.72 | 9.15 | - | - |
| Total Current Liabilities | 10.37 | 11.69 | 6.72 | 9.15 | - | - |
| Long Term Debt | 0.37 | 0.43 | 0.00 | 0.00 | - | - |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Total Liabilities | 10.74 | 12.12 | 6.72 | 9.16 | - | - |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 266.33 | - | - |
| Common Equity | 796.47 | 814.21 | 391.87 | -121.01 | - | - |
| Total Shareholders Equity | 796.47 | 814.21 | 391.87 | 145.31 | - | - |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Total Equity | 796.47 | 814.21 | 391.87 | 145.31 | - | - |
| Total Liabilities & Stockholders Equity | 807.22 | 826.33 | 398.58 | 154.47 | - | - |
| Book Value Per Share | 18.88 | 19.49 | 10.49 | -3.24 | - | - |
| Tangible Book Value Per Share | 18.88 | 19.49 | 10.49 | -3.24 | - | - |
| Full-Time Employees | 51 | 37 | 24 | 21 | - | - |
| Price to Book Ratio | 8.29 | 11.71 | -19.49 | -18.78 | - | - |
| Return on Assets | - | - | - | -65.46 | - | - |
| Return on Equity | - | - | - | -70.00 | - | - |
| Return on Invested Capital | -2.64 | -2.88 | -6.95 | -15.03 | - | - |
| Quick Ratio | 77.68 | 70.53 | 59.12 | 16.29 | - | - |
| Current Ratio | 77.68 | 70.53 | 59.12 | 16.29 | - | - |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -21.00 | -23.50 | -27.23 | - | - | -15.64 |
| Other Funds (Non Cash) | 3.24 | 4.21 | 5.81 | - | - | 0.37 |
| Funds from Operations | -17.76 | -19.30 | -21.42 | - | - | -15.28 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Changes in Working Capital | -5.19 | 4.81 | 0.25 | - | - | -0.37 |
| Cash from Operating Activities | -22.95 | -14.49 | -21.17 | - | - | -15.64 |
| Capital Expenditures | -0.35 | -0.02 | 0.00 | - | - | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Purchase or Sale of Investments | -165.21 | -277.27 | -101.30 | - | - | -8.33 |
| Purchase of Investments | -209.82 | -305.58 | -122.99 | - | - | -8.33 |
| Sale Or Maturity of Investments | 44.61 | 28.31 | 21.69 | - | - | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Cash from Investing Activities | -165.56 | -277.29 | -101.30 | - | - | -8.33 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Change in Capital Stock | 1.33 | 442.70 | 269.11 | - | - | 0.13 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Sale of Common Pref Stock | 1.33 | 442.70 | 269.11 | - | - | 0.13 |
| Proceedsfrom Stock Options | 0.00 | 414.33 | 269.10 | - | - | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Reduction of Long Term Debt | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | - | - | 0.00 |
| Cash from Financing Activities | 1.33 | 442.70 | 269.11 | - | - | 0.13 |
| Net Change in Cash | -187.18 | 150.92 | 146.65 | - | - | -23.84 |
| Free Cash Flow | -23.29 | -14.51 | -21.17 | - | - | -15.64 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 11.35% | 3.4M | 29.9M | 789.05K |
| 2026-10-15 | 12.39% | 3.7M | 29.9M | 790.08K |
| 2026-09-30 | 14.21% | 4.2M | 29.9M | 721.21K |
| 2026-09-15 | 13.58% | 4.1M | 30.3M | 744.48K |
| 2026-08-31 | 13.31% | 4.0M | 30.3M | 718.84K |
| 2026-08-14 | 13.26% | 4.0M | 30.3M | 701.53K |
| 2026-07-31 | 15.47% | 4.8M | 31.2M | 645.20K |
| 2026-07-15 | 12.63% | 3.9M | 31.2M | 669.55K |
| 2026-06-30 | 12.23% | 3.8M | 31.2M | 661.57K |
| 2026-06-15 | 8.00% | 2.5M | 31.2M | 576.91K |
| 2026-05-29 | 7.90% | 2.4M | 29.9M | 554.46K |
| 2026-05-15 | 6.86% | 2.1M | 29.9M | 522.49K |
| 2026-04-30 | 6.49% | 2.1M | 31.7M | 533.48K |
| 2026-04-15 | 6.23% | 1.8M | 28.8M | 465.02K |
| 2026-03-31 | 8.64% | 2.3M | 26.8M | 457.22K |
| 2026-03-13 | 5.20% | 1.4M | 26.8M | 409.16K |
| 2026-02-27 | 4.72% | 1.3M | 26.8M | 496.50K |
| 2026-02-13 | 3.85% | 1.0M | 26.8M | 755.66K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 55.00 | 98.70 | 103.5 | 0.00 | 4.732 | 0.00 | 0.00 | 0.993 | -0.088 | 0.005 |
| call | 60.00 | 93.60 | 98.50 | 0.00 | 4.374 | 0.00 | 0.00 | 0.990 | -0.120 | 0.007 |
| call | 65.00 | 88.60 | 93.50 | 0.00 | 4.002 | 0.00 | 0.00 | 0.989 | -0.119 | 0.007 |
| call | 70.00 | 83.60 | 88.50 | 0.00 | 3.746 | 0.00 | 0.00 | 0.988 | -0.119 | 0.008 |
| call | 75.00 | 78.70 | 83.50 | 0.00 | 3.466 | 0.00 | 0.00 | 0.971 | -0.264 | 0.016 |
| call | 80.00 | 73.70 | 78.50 | 27.60 | 3.205 | 1.00 | 0.00 | 0.969 | -0.261 | 0.017 |
| call | 85.00 | 68.70 | 73.50 | 0.00 | 2.960 | 0.00 | 0.00 | 0.966 | -0.258 | 0.018 |
| call | 90.00 | 64.00 | 68.90 | 21.30 | 2.728 | 0.00 | 0.00 | 0.963 | -0.254 | 0.020 |
| call | 95.00 | 59.00 | 63.90 | 0.00 | 2.509 | 0.00 | 0.00 | 0.960 | -0.250 | 0.021 |
| call | 100 | 54.00 | 58.00 | 48.50 | 2.271 | 138 | 0.00 | 0.956 | -0.246 | 0.023 |
| call | 105 | 49.00 | 53.90 | 22.41 | 2.099 | 9.00 | 0.00 | 0.952 | -0.241 | 0.024 |
| call | 110 | 44.00 | 48.90 | 34.30 | 1.906 | 9.00 | 0.00 | 0.947 | -0.236 | 0.026 |
| call | 115 | 39.00 | 43.50 | 34.33 | 1.811 | 38.00 | 0.00 | 0.943 | -0.221 | 0.028 |
| call | 120 | 34.00 | 38.50 | 29.23 | 1.603 | 149 | 0.00 | 0.937 | -0.214 | 0.030 |
| call | 125 | 29.50 | 33.50 | 13.17 | 1.364 | 36.00 | 0.00 | 0.926 | -0.215 | 0.034 |
| call | 130 | 24.50 | 28.50 | 9.87 | 1.263 | 48.00 | 0.00 | 0.916 | -0.206 | 0.038 |
| call | 135 | 19.50 | 24.00 | 15.08 | 1.102 | 50.00 | 0.00 | 0.902 | -0.195 | 0.042 |
| call | 140 | 16.80 | 19.50 | 16.10 | 0.996 | 126 | 3.00 | 0.852 | -0.241 | 0.056 |
| call | 145 | 12.40 | 15.50 | 12.10 | 0.933 | 16.00 | 5.00 | 0.767 | -0.313 | 0.074 |
| call | 150 | 8.60 | 10.10 | 7.20 | 0.635 | 92.00 | 80.00 | 0.649 | -0.434 | 0.090 |
| call | 155 | 4.00 | 8.50 | 4.45 | 0.832 | 18.00 | 2.00 | 0.552 | -0.477 | 0.096 |
| call | 160 | 1.70 | 4.40 | 2.00 | 0.628 | 502 | 1.00 | 0.430 | -0.381 | 0.095 |
| call | 165 | 0.00 | 4.90 | 1.00 | 0.806 | 80.00 | 0.00 | 0.365 | -0.445 | 0.091 |
| call | 170 | 0.05 | 2.00 | 0.80 | 0.688 | 30.00 | 0.00 | 0.222 | -0.286 | 0.072 |
| call | 175 | 0.00 | 4.90 | 1.00 | 0.795 | 79.00 | 0.00 | 0.197 | -0.307 | 0.067 |
| call | 180 | 0.00 | 0.70 | 0.65 | 0.668 | 695 | 12.00 | 0.096 | -0.158 | 0.041 |
| call | 185 | 0.00 | 4.90 | 0.00 | 0.720 | 0.00 | 0.00 | 0.074 | -0.139 | 0.034 |
| call | 190 | 0.00 | 4.90 | 0.00 | 1.695 | 0.00 | 0.00 | 0.218 | -0.648 | 0.069 |
| call | 195 | 0.00 | 4.90 | 0.00 | 1.799 | 0.00 | 0.00 | 0.210 | -0.671 | 0.068 |
| call | 200 | 0.00 | 4.90 | 0.00 | 1.898 | 0.00 | 0.00 | 0.202 | -0.693 | 0.066 |
| call | 210 | 0.00 | 4.90 | 0.00 | 2.084 | 0.00 | 0.00 | 0.189 | -0.731 | 0.064 |
| put | 55.00 | 0.00 | 4.90 | 0.05 | 3.031 | 31.00 | 0.00 | -0.007 | -0.082 | 0.005 |
| put | 60.00 | 0.00 | 4.90 | 0.00 | 2.802 | 0.00 | 0.00 | -0.011 | -0.108 | 0.007 |
| put | 65.00 | 0.00 | 4.90 | 0.40 | 2.574 | 10.00 | 0.00 | -0.012 | -0.107 | 0.008 |
| put | 70.00 | 0.00 | 4.90 | 0.10 | 2.520 | 25.00 | 0.00 | -0.012 | -0.111 | 0.008 |
| put | 75.00 | 0.00 | 4.90 | 3.00 | 3.141 | 1.00 | 0.00 | -0.051 | -0.427 | 0.025 |
| put | 80.00 | 0.00 | 4.90 | 0.10 | 2.597 | 73.00 | 0.00 | -0.031 | -0.252 | 0.017 |
| put | 85.00 | 0.00 | 4.90 | 2.49 | 2.392 | 13.00 | 0.00 | -0.034 | -0.248 | 0.018 |
| put | 90.00 | 0.00 | 4.90 | 1.60 | 2.433 | 10.00 | 0.00 | -0.066 | -0.403 | 0.030 |
| put | 95.00 | 0.00 | 4.90 | 0.15 | 2.124 | 23.00 | 0.00 | -0.060 | -0.332 | 0.028 |
| put | 100 | 0.00 | 4.90 | 0.15 | 1.838 | 20.00 | 0.00 | -0.044 | -0.235 | 0.023 |
| put | 105 | 0.00 | 4.90 | 2.50 | 1.824 | 22.00 | 0.00 | -0.087 | -0.372 | 0.037 |
| put | 110 | 0.00 | 4.90 | 0.25 | 1.594 | 26.00 | 0.00 | -0.062 | -0.266 | 0.030 |
| put | 115 | 0.00 | 4.90 | 1.00 | 1.454 | 26.00 | 0.00 | -0.107 | -0.345 | 0.043 |
| put | 120 | 0.00 | 4.90 | 3.25 | 1.277 | 50.00 | 0.00 | -0.121 | -0.329 | 0.047 |
| put | 125 | 0.00 | 4.90 | 6.50 | 1.119 | 9.00 | 0.00 | -0.086 | -0.239 | 0.038 |
| put | 130 | 0.00 | 4.90 | 2.10 | 0.967 | 21.00 | 1.00 | -0.097 | -0.227 | 0.042 |
| put | 135 | 0.25 | 0.85 | 1.65 | 0.763 | 41.00 | 0.00 | -0.098 | -0.180 | 0.042 |
| put | 140 | 0.50 | 1.35 | 2.25 | 0.716 | 24.00 | 0.00 | -0.148 | -0.225 | 0.056 |
| put | 145 | 1.10 | 2.35 | 4.50 | 0.682 | 0.00 | 10.00 | -0.233 | -0.297 | 0.074 |
| put | 150 | 1.05 | 5.50 | 21.38 | 0.916 | 7.00 | 0.00 | -0.351 | -0.418 | 0.090 |
| put | 155 | 2.90 | 7.50 | 0.00 | 0.886 | 0.00 | 0.00 | -0.448 | -0.460 | 0.096 |
| put | 160 | 5.70 | 10.40 | 0.00 | 0.860 | 0.00 | 0.00 | -0.562 | -0.375 | 0.096 |
| put | 165 | 9.00 | 13.50 | 0.00 | 0.883 | 0.00 | 0.00 | -0.640 | -0.410 | 0.091 |
| put | 170 | 12.60 | 17.30 | 0.00 | 0.933 | 0.00 | 0.00 | -0.769 | -0.271 | 0.074 |
| put | 175 | 17.50 | 22.00 | 0.00 | 0.977 | 0.00 | 0.00 | -0.803 | -0.287 | 0.067 |
| put | 180 | 22.00 | 26.50 | 0.00 | 1.037 | 0.00 | 0.00 | -0.904 | -0.138 | 0.041 |
| put | 185 | 27.00 | 31.50 | 0.00 | 1.153 | 0.00 | 0.00 | -0.914 | -0.146 | 0.038 |
| put | 190 | 31.60 | 36.40 | 0.00 | 1.248 | 0.00 | 0.00 | -0.921 | -0.152 | 0.036 |
| put | 195 | 36.60 | 41.40 | 0.00 | 1.334 | 0.00 | 0.00 | -0.927 | -0.158 | 0.034 |
| put | 200 | 41.50 | 46.40 | 0.00 | 1.530 | 0.00 | 0.00 | -0.931 | -0.163 | 0.032 |
| put | 210 | 51.50 | 56.40 | 0.00 | 1.717 | 0.00 | 0.00 | -0.939 | -0.171 | 0.029 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-10 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-11-10 | 8-K | Current report | 2026-11-10 | SEC |
| 2026-11-09 | 8-K | Current report | 2026-11-09 | SEC |
| 2026-10-19 | 8-K | Current report | 2026-10-19 | SEC |
| 2026-10-13 | SCHEDULE 13G | SEC | ||
| 2026-09-03 | 4 | Statement of changes in beneficial ownership of securities | 2026-09-01 | SEC |
| 2026-08-21 | SCHEDULE 13D/A | SEC | ||
| 2026-08-21 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-19 | SEC |
| 2026-08-20 | 3 | Initial statement of beneficial ownership of securities | 2026-08-10 | SEC |
| 2026-08-19 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-19 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-17 | SEC |
| 2026-08-17 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-17 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-14 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-08-14 | 144/A | SEC | ||
| 2026-08-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-12 | SEC |
| 2026-08-14 | 424B3 | SEC | ||
| 2026-08-14 | SCHEDULE 13D/A | SEC | ||
| 2026-08-12 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-12 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-11 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-11 | 8-K | Current report | 2026-08-11 | SEC |
| 2026-08-07 | S-1 | General form of registration statement for all companies including face-amount certificate companies | SEC | |
| 2026-08-06 | SCHEDULE 13G | SEC | ||
| 2026-07-15 | 8-K | Current report | 2026-07-15 | SEC |
| 2026-05-15 | D | Notice of sales of securities on Form D (Regulation D) | SEC | |
| 2026-05-15 | SCHEDULE 13G/A | SEC | ||
| 2026-05-12 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | 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 | 103.12M | 4 |
| 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 | 54.09M | 7 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| MONTANOVA CAPITAL, LLC | 9.98% |
| FMR LLC | 7.33% |
| SR ONE CAPITAL MANAGEMENT, LP | 5.75% |
| Deep Track Capital, LP | 4.79% |
| CITADEL ADVISORS LLC | 4.49% |
| Siren, L.L.C. | 3.96% |
| BlackRock, Inc. | 3.81% |
| VIKING GLOBAL INVESTORS LP | 3.74% |
| JPMORGAN CHASE & CO | 2.79% |
| D. E. Shaw & Co., Inc. | 2.43% |
Funds
| Fund | % owned |
|---|---|
| Fidelity Growth Company Fund | 1.85% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 1.48% |
| iShares Russell 2000 ETF | 1.28% |
| abrdn Healthcare Investors | 0.90% |
| JPMorgan Growth Advantage Fund | 0.77% |
| abrdn Healthcare Opportunities Fund | 0.65% |
| JPMorgan Small Cap Growth Fund | 0.63% |
| Fidelity Small Cap Index Fund | 0.57% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.55% |
| Fidelity Growth Company K6 Fund | 0.52% |
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