Matinas Biopharma Holdings Inc
MTNBHealthcare·Biotechnology·USA·Nano·AMEX·Nov 11 • 3:59 PM ET
0.9300-0.3000 (-24.39%)
2026-11-11 22:35 CET
Market cap
1.20 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-7.31 USD m
Free cash flow, TTM
- USD m
EPS diluted, TTM
-18.01
P/E
-
Price
MTNB against its 20, 50 and 200-day averages2050200
95.2% under the 52-week high of 19.50 on 13 Nov 2025. 52-week low 0.81 on 11 Nov 2026. Last 15 sessions, 139.2% high to low
Volume 1.99× normal · the line is the 50-bar volume average
Profile
MTNB52-week range, 0% of the way up
0.9719.50
Matinas BioPharma Holdings, Inc. is a clinical-stage biopharmaceutical company. It engages in the business of delivering groundbreaking therapies using lipid nanocrystal platform delivery technology to maximize global clinical impact and patient access. The company was founded by Herbert J. Conrad and Jerome D. Jabbour in May 2013 and is headquartered in Bedminster, NJ.
| Employees | 4 |
|---|---|
| IPO | Jul 21, 2014 |
| Beta | 2.26 |
| ATR, 14d | 0.26 |
| Rel volume | 1.99 |
| Short float | 4.62% |
| Insider own | 21.07% |
| Inst own | 1.83% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 0.91M |
| Enterprise Value | 0.11M |
| Income | -7.31M |
| Sales | 0.00M |
| Book/sh | 4.21 |
| Cash/sh | 0.83 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 4 |
| IPO | Jul 21, 2014 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 0.22 |
| P/C | 1.12 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 0.85 |
| Current Ratio | 0.85 |
| Debt/Eq | 0.01 |
| LT Debt/Eq | 0.01 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | -18.01 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | 25.49% 19.44% |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 68.91% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 79.92% |
| Sales Q/Q | - |
| Earnings | - |
| EPS/Sales Surpr. | 19.43% - |
Ownership
| Insider Own | 21.07% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 1.83% |
| Inst Trans | -1.08% |
| ROA | -98.53% |
| ROE | -154.28% |
| ROIC | -404.93% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -40.50% |
| SMA50 | -58.27% |
| SMA200 | -85.99% |
| Trades | - |
Technical
| Shs Outstand | 0.98M |
|---|---|
| Shs Float | 0.77M |
| Short Float | 4.62% |
| Short Ratio | 0.38 |
| Short Interest | 0.04M |
| 52W High | 19.50 -95.23% |
| 52W Low | 0.97 -3.75% |
| Volatility | 10.90% 16.79% |
| ATR (14) | 0.26 |
| RSI (14) | 26.91 |
| Beta | 2.26 |
| Rel Volume | 1.99 |
| Avg Volume | 93.04K |
| Volume | 185,536 |
Performance
| Perf Week | -21.85% |
|---|---|
| Perf Month | -62.80% |
| Perf Quarter | -73.39% |
| Perf Half Y | -89.01% |
| Perf YTD | -89.42% |
| Perf Year | -94.83% |
| Perf 3Y | -99.42% |
| Perf 5Y | -99.88% |
| Perf 10Y | -99.92% |
| Recom | 2.00 |
| Target Price | 450.00 |
| Prev Close | 1.23 |
| Price | 0.93 |
| Change % | -24.39% |
Analyst ratings
latest 7 of 7| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| May 11, 2021 | Downgrade | PPiper Sandler | Overweight → Neutral | ||
| Aug 26, 2020 | Resumed | PPiper Sandler | Overweight | ||
| Jan 27, 2020 | Initiated | PPiper Sandler | Overweight | $3 | +222.6% |
| Jan 24, 2020 | Initiated | SSunTrust | Buy | ||
| Jan 23, 2020 | Initiated | SSunTrust | Buy | ||
| Jan 09, 2020 | Initiated | AAegis Capital | Buy | $3.50 | +276.3% |
| Jun 26, 2019 | Initiated | HH.C. Wainwright | Buy | $4 | +330.1% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| PLUG | Plug Power Inc | 1.90B |
| BLDP | Ballard Power Systems Inc | 530.15M |
| FCEL | Fuelcell Energy Inc | 875.50M |
| ORMP | Oramed Pharmaceuticals Inc | 171.80M |
| ENTX | Entera Bio Ltd | 560.73M |
| BE | Bloom Energy Corp | 61.93B |
| CETY | Clean Energy Technologies Inc | 11.82M |
| VGAS | Verde Clean Fuels Inc | 44.33M |
| HYLN | Hyliion Holdings Corp | 496.50M |
| EOSE | Eos Energy Enterprises Inc | 729.06M |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
News
latest 14 of 200- Matinas BioPharma Receives Notice of Non-Compliance with NYSE American Continued Listing Standards (GlobeNewswire)
- GH Power and TKMS Continue to Explore Clean Energy Collaboration in Support of Canada's Future Patrol Submarine Project (Business Wire) +6.55%
- Matinas BioPharma Announces Strategic Business Combination with GH Power to Create Publicly Traded, Advanced Clean Energy and Green Hydrogen Company; Signs Definitive Agreement to Sell LNC Platform Technology and Lead Product Candidate MAT2203 to Azurity Pharmaceuticals (GlobeNewswire) -36.45%
- Matinas BioPharma Receives Notice of Non-Compliance with NYSE American Continued Listing Standards and Acceptance of Plan to Regain Compliance (GlobeNewswire)
- Matinas BioPharma Receives Notice of Non-Compliance with NYSE American Continued Listing Standards (GlobeNewswire)
- Matinas BioPharma Holdings, Inc. (MTNB) Restructures Amid Challenges, Focuses on Oral Antifungal MAT2203 (Insider Monkey) -5.83%
- Matinas BioPharma Appoints Seasoned Biotech Leaders to Board of Directors (GlobeNewswire)
- Matinas BioPharma Announces Agreement for the Acquisition of Preferred Stock and Appointment of Dr. Robin L. Smith to the Board of Directors (GlobeNewswire)
- Matinas BioPharma Appoints Evelyn D'An to Board of Directors as Audit Committee Chair (GlobeNewswire) +8.79%
- Matinas BioPharma Receives NYSE Noncompliance Notice (GlobeNewswire) -6.63%
- Matinas BioPharma Announces the Termination of MAT2203 Partnership Negotiations and Implements Immediate Workforce Reduction (GlobeNewswire) -67.88%
- Highbridge Capital Management's Strategic Acquisition in Matinas BioPharma (GuruFocus.com)
- Upcoming Stock Splits This Week (September 2 to September 6) Stay Invested (TipRanks)
- Matinas BioPharma Reports Second Quarter 2024 Financial Results and Provides a Business Update (GlobeNewswire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2024Q3 | 2024-11-06 | -12.750 | -15.825 | -12.729 | 0.00 | 0.00 | 2 |
| 2024Q2 | 2024-08-14 | -15.000 | -18.750 | -17.205 | 0.00 | 0.00 | 2 |
| 2024Q1 | 2024-05-09 | -22.500 | -22.500 | -20.093 | 0.00 | 0.00 | 2 |
| 2023Q4 | 2024-03-27 | -15.000 | -22.500 | -18.345 | 0.00 | - | 2 |
| 2023Q3 | 2023-11-08 | -22.500 | -21.825 | -20.903 | - | - | 2 |
| 2023Q2 | 2023-08-09 | -22.500 | -22.800 | -20.918 | - | 0.30 | 2 |
| 2023Q1 | 2023-05-10 | -22.500 | -22.500 | -19.028 | 1.10 | 0.30 | 1 |
| 2022Q4 | 2023-03-15 | -15.000 | -18.975 | -12.570 | 1.06 | 1.03 | 3 |
| 2022Q3 | 2022-11-02 | -22.500 | -22.275 | -18.885 | 1.06 | 1.13 | 4 |
| 2022Q2 | 2022-08-11 | -22.500 | -25.200 | -20.483 | 1.06 | 0.08 | 4 |
| 2022Q1 | 2022-05-12 | -22.500 | -20.025 | -20.693 | 0.00 | 0.00 | 3 |
| 2021Q4 | 2022-03-08 | -22.500 | -25.350 | -23.235 | 0.00 | 0.45 | 4 |
| 2021Q3 | 2021-11-08 | -22.500 | -14.550 | -23.828 | 0.00 | 2.03 | 4 |
| 2021Q2 | 2021-08-10 | -15.000 | -22.500 | -18.188 | 0.00 | 0.03 | 4 |
| 2021Q1 | 2021-05-10 | -22.500 | -19.725 | -19.013 | 0.03 | 0.03 | - |
| 2020Q4 | 2021-03-29 | -22.500 | -21.000 | -24.675 | 0.06 | 1.02 | 5 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2017FY | -270 | -277.5 | -0.360 | 0.15 | - |
| 2018FY | -112.5 | -108.75 | -114.59 | 0.12 | 0.16 |
| 2019FY | -97.500 | -93.750 | -94.515 | 0.09 | 0.12 |
| 2020FY | -90.000 | -84.300 | -88.523 | 0.16 | 1.12 |
| 2021FY | -82.500 | -87.525 | -84.495 | 0.03 | 0.35 |
| 2022FY | -75.000 | - | -72.630 | 3.19 | - |
| 2023FY | -82.500 | -82.500 | -82.500 | 1.10 | 1.10 |
| 2024FY | - | -60.900 | -74.759 | - | 0.00 |
| 2025FY | - | -22.500 | -30.040 | - | 0.00 |
| 2026FY | - | -75.000 | - | - | - |
| 2027FY | - | -37.500 | - | - | 45.20 |
| 2028FY | - | 165 | - | - | 120.09 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | S | 2025-02-25 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-24 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-23 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-22 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-21 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-20 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-19 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-18 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-17 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-16 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-15 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-14 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-13 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2024Q4 | S | 2025-02-12 | 1 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | -0.36 | -114.585 | -94.515 | -88.523 | -84.495 | -72.63 | -79.193 | -74.759 | -30.04 | -18.0126 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -17.205 | -12.729 | -24.866 | -4.883 | -15.466 | -5.933 | -4.477 | -4.498 | -3.105 | |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
| Sales, annual | 0.15 | 0.12 | 0.09 | 0.158 | 0.033 | 3.188 | 1.096 | 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 | 93.371 | 0.151 | 0.218 | 0.267 | 0.288 | 0.29 | 0.29 | 0.339 | 0.427 | 0.427 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 0.334 | 0.339 | 0.339 | 0.339 | 0.339 | 0.393 | 0.427 | 0.427 | 0.427 | |
| 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 | 1.10 | 3.19 | 0.03 | 0.16 | 0.09 | 0.12 |
| Cost of Goods Sold Incl. D&A | 0.29 | 0.46 | 0.97 | 0.94 | 0.90 | 0.78 | - | - | - |
| Gross Profit | -0.29 | -0.46 | -0.97 | 0.15 | 2.29 | -0.75 | - | - | - |
| Selling, General and Administrative Excl. Other | 6.38 | 6.50 | 19.19 | 23.92 | 26.88 | 23.99 | 23.59 | 18.23 | 14.55 |
| Research and Development | 0.00 | 0.09 | 11.43 | 14.49 | 16.68 | 14.58 | 14.36 | 11.23 | 6.79 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -6.67 | -6.96 | -20.16 | -23.77 | -24.59 | -24.73 | -24.21 | -18.92 | -14.65 |
| Unusual Expense | -0.37 | 3.16 | 4.21 | -0.60 | 0.00 | 0.00 | 0.00 | - | - |
| Net Income Before Taxes | -6.69 | -10.35 | -24.33 | -22.94 | -21.00 | -23.28 | -22.45 | -17.37 | -14.59 |
| Income Taxes | 0.00 | 0.00 | -0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.51 |
| Consolidated Net Income | -7.31 | -10.96 | -24.25 | -22.94 | -21.00 | -23.28 | -22.45 | -17.37 | -14.08 |
| Net Income From Continuing Operations | -7.31 | -10.96 | -24.25 | -22.94 | -21.00 | -23.28 | -22.45 | -17.37 | -14.08 |
| Net Income | -7.31 | -10.96 | -24.25 | -22.94 | -21.00 | -23.68 | -23.24 | -18.30 | -14.99 |
| EPS (Recurring) | -17.72 | -23.98 | -65.67 | -80.65 | -72.63 | -84.50 | -88.53 | -94.51 | -114.58 |
| EPS (Basic, Before Extraordinaries) | -18.01 | -30.04 | -74.76 | -79.19 | -72.63 | -84.50 | -88.52 | -94.52 | -114.58 |
| EPS (Diluted) | -18.01 | -30.04 | -74.76 | -79.19 | -72.63 | -84.50 | -88.52 | -94.52 | -114.58 |
| EBITDA | -6.38 | -6.50 | -19.19 | -22.82 | -23.69 | -23.95 | -23.43 | -18.14 | -14.43 |
| Non-Operating Income (Expense) | -0.39 | -0.22 | 0.04 | 0.22 | 3.59 | 1.45 | 1.76 | 1.55 | 0.06 |
| Other After Tax Adjustments | -0.62 | -0.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.69 | 1.02 | 2.52 | 4.95 | 5.23 | 4.29 | 4.56 | 2.99 | 3.03 |
| Price To Sales Ratio | - | - | - | 42.86 | 34.00 | 6,368.47 | 1,691.22 | 3,669.81 | 487.44 |
| Gross Margin | - | - | - | 14.14 | 71.83 | -2,244.50 | - | - | - |
| Operating Margin | - | - | - | -2,168.43 | -771.33 | -74,205.01 | -15,288.38 | -21,067.38 | -12,230.94 |
| Net Margin | - | - | - | -2,093.25 | -658.63 | -71,038.35 | -14,678.10 | -20,372.35 | -12,516.17 |
| Shares Outstanding | 0.43 | 0.43 | 0.34 | 0.29 | 0.29 | 0.29 | 0.27 | 0.22 | 0.15 |
| Market Capitalization | 1.20 | 1.20 | 2.59 | 46.97 | 108.43 | 218.43 | 272.15 | 370.37 | 67.41 |
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 | 0.07 | 0.10 | 0.11 | 0.12 | 0.13 | 0.25 | 0.24 |
| Gross Profit | -0.00 | -0.07 | -0.10 | -0.11 | -0.12 | -0.13 | -0.25 | -0.24 |
| Selling, General and Administrative Excl. Other | 1.55 | 1.86 | 1.50 | 1.46 | 1.71 | 1.82 | 3.79 | 4.14 |
| Research and Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 2.38 | 2.24 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -1.55 | -1.94 | -1.60 | -1.58 | -1.84 | -1.95 | -4.04 | -4.38 |
| Unusual Expense | -0.37 | 0.00 | 0.00 | 0.00 | 3.46 | -0.29 | 4.43 | -0.05 |
| Net Income Before Taxes | -1.33 | -1.92 | -1.91 | -1.53 | -5.25 | -1.66 | -8.51 | -4.28 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 | 0.00 |
| Consolidated Net Income | -1.33 | -1.92 | -1.91 | -2.15 | -5.25 | -1.66 | -8.43 | -4.28 |
| Net Income From Continuing Operations | -1.33 | -1.92 | -1.91 | -2.15 | -5.25 | -1.66 | -8.43 | -4.28 |
| Net Income | -1.33 | -1.92 | -1.91 | -2.15 | -5.25 | -1.66 | -8.43 | -4.28 |
| EPS (Recurring) | -3.71 | -4.50 | -4.48 | -5.93 | -8.33 | -5.49 | -15.72 | -12.83 |
| EPS (Basic, Before Extraordinaries) | -3.10 | -4.50 | -4.48 | -5.93 | -15.47 | -4.88 | -24.87 | -12.73 |
| EPS (Diluted) | -3.10 | -4.50 | -4.48 | -5.93 | -15.47 | -4.88 | -24.87 | -12.73 |
| EBITDA | -1.55 | -1.86 | -1.50 | -1.46 | -1.71 | -1.82 | -3.79 | -4.14 |
| Non-Operating Income (Expense) | -0.14 | 0.01 | -0.31 | 0.04 | 0.05 | -0.00 | -0.04 | 0.06 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | -0.62 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.10 | 0.11 | 0.22 | 0.25 | 0.24 | 0.32 | 0.19 | 0.96 |
| Shares Outstanding | 0.43 | 0.43 | 0.43 | 0.39 | 0.34 | 0.34 | 0.34 | 0.34 |
| Market Capitalization | 1.20 | 3.20 | 3.75 | 11.15 | 4.53 | 2.65 | 2.59 | 18.01 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 4.05 | 7.33 | 13.81 | 28.81 | 49.67 | 58.82 | 28.03 | 12.55 | 7.46 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.03 | 0.69 | 1.74 | 5.72 | 1.32 | 2.74 | 1.90 | 0.54 | 0.50 |
| Total Current Assets | 4.08 | 8.03 | 15.54 | 34.53 | 50.99 | 61.55 | 29.92 | 13.09 | 7.96 |
| Net Property, Plant & Equipment | 0.67 | 2.16 | 5.01 | 5.73 | 5.78 | 4.86 | 5.63 | 2.04 | 1.57 |
| Total Investments and Advances | 0.20 | 0.20 | 0.20 | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 2.26 | 2.26 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 |
| Deferred Tax Assets | - | - | 40.47 | 34.05 | - | - | - | - | - |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.20 | 0.34 | 0.46 | 0.54 |
| Total Assets | 7.21 | 12.64 | 65.58 | 78.87 | 61.33 | 70.97 | 40.24 | 19.94 | 14.42 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.70 | 0.77 | 0.66 | 0.57 | 0.56 | 0.42 | 0.48 | 0.28 | 0.20 |
| Accounts Payable | 0.32 | 0.10 | 0.51 | 0.62 | 0.94 | 0.35 | 0.68 | 0.30 | 0.58 |
| Other Current Liabilities | 0.45 | 1.80 | 1.45 | 3.10 | 2.85 | 2.80 | 1.94 | 2.26 | 1.44 |
| Total Current Liabilities | 1.46 | 2.67 | 2.62 | 4.29 | 4.35 | 3.57 | 3.10 | 2.84 | 2.22 |
| Long Term Debt | 0.66 | 2.13 | 2.90 | 3.56 | 4.14 | 3.33 | 3.75 | 0.11 | 0.07 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 0.26 | 0.26 | 40.81 | 34.39 | 0.34 | 0.34 | 0.34 | 0.34 | 0.85 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 | 0.60 |
| Total Liabilities | 2.38 | 5.05 | 46.33 | 42.23 | 8.83 | 7.24 | 7.19 | 3.80 | 3.74 |
| 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 | 3.80 | 3.99 | 9.78 | 5.72 |
| Common Equity | 4.83 | 7.59 | 19.25 | 36.64 | 52.49 | 59.93 | 29.07 | 6.36 | 4.97 |
| Total Shareholders Equity | 4.83 | 7.59 | 19.25 | 36.64 | 52.49 | 63.73 | 33.05 | 16.14 | 10.68 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 4.83 | 7.59 | 19.25 | 36.64 | 52.49 | 63.73 | 33.05 | 16.14 | 10.68 |
| Total Liabilities & Stockholders Equity | 7.21 | 12.64 | 65.58 | 78.87 | 61.33 | 70.97 | 40.24 | 19.94 | 14.42 |
| Book Value Per Share | 11.31 | 22.38 | 66.44 | 126.47 | 182.04 | 224.62 | 133.61 | 42.12 | 0.05 |
| Tangible Book Value Per Share | 6.02 | 15.72 | 51.41 | 111.44 | 166.94 | 208.30 | 113.60 | 13.29 | 0.01 |
| Full-Time Employees | 4 | 7 | 32 | 34 | 31 | 20 | 21 | 15 | 15 |
| Price to Book Ratio | 0.29 | 0.34 | 2.03 | 2.81 | 4.16 | 4.54 | 12.74 | 10.60 | 15.30 |
| Return on Assets | -110.46 | -62.01 | -31.77 | -29.95 | -35.20 | -40.37 | -57.73 | -81.96 | -265.91 |
| Return on Equity | -176.54 | -180.73 | -82.11 | -47.12 | -40.07 | -46.39 | -70.63 | -105.00 | -361.46 |
| Return on Invested Capital | -199.76 | -249.55 | -103.62 | -52.24 | -41.11 | -33.47 | -47.21 | -86.67 | -299.80 |
| Quick Ratio | 2.79 | 3.01 | 5.93 | 8.06 | 11.73 | 17.25 | 9.66 | 4.61 | 3.58 |
| Current Ratio | 2.79 | 3.01 | 5.93 | 8.06 | 11.73 | 17.25 | 9.66 | 4.61 | 3.58 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -6.69 | -10.35 | -24.25 | -22.94 | -21.00 | -23.28 | -22.45 | -17.37 | -14.08 |
| Depreciation | 0.28 | 0.46 | 0.97 | 0.94 | 0.90 | 0.78 | 0.77 | 0.78 | 0.22 |
| Other Funds (Non Cash) | 0.77 | 4.39 | 7.53 | 5.06 | 5.73 | 5.75 | 4.81 | 2.99 | 3.89 |
| Funds from Operations | -5.64 | -5.50 | -15.75 | -16.95 | -14.37 | -16.76 | -16.86 | -13.60 | -10.48 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.78 | -1.51 | -0.13 | 1.67 | -4.79 | 1.53 | -0.51 | -0.49 | 0.16 |
| Cash from Operating Activities | -6.42 | -7.01 | -15.88 | -15.28 | -19.16 | -15.22 | -17.37 | -14.09 | -10.32 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | -0.22 | -0.89 | -0.26 | -0.01 | -0.41 | -0.54 |
| 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 | 0.34 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Purchase or Sale of Investments | 0.00 | 0.00 | 9.21 | 13.46 | 5.77 | 17.03 | -40.66 | -5.61 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | -8.44 | 0.00 | -9.48 | -23.19 | -72.11 | -5.61 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 17.64 | 13.46 | 15.25 | 40.23 | 31.45 | 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 | 0.34 | 0.34 | 9.21 | 13.24 | 4.88 | 16.77 | -40.67 | -6.01 | -0.54 |
| 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 | 0.13 | 3.40 | 9.18 | 0.00 | 0.10 | 7.00 | 48.10 | 30.13 | 7.06 |
| 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 | 0.13 | 3.40 | 9.18 | 0.00 | 0.10 | 7.00 | 48.10 | 30.13 | 7.06 |
| Proceedsfrom Stock Options | 0.00 | 3.27 | 9.18 | 0.00 | 0.00 | 5.58 | 46.70 | 30.10 | 7.06 |
| Issuance or Reduction of Debt, Net | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.05 | -0.28 | -0.43 |
| Change in Long Term Debt | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.05 | -0.08 | -0.06 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Reduction of Long Term Debt | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.03 | -0.05 | -0.08 | -0.06 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.24 |
| 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 | 0.12 | 3.39 | 9.17 | -0.01 | 0.08 | 6.96 | 48.05 | 29.85 | 15.87 |
| Net Change in Cash | -5.96 | -3.29 | 2.50 | -2.04 | -14.20 | 8.51 | -9.99 | 9.75 | 5.01 |
| Free Cash Flow | - | - | -15.88 | -15.50 | -20.05 | -15.48 | -17.37 | -14.50 | -10.86 |
| Preferred Dividends (Cash Flow) | - | 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 | -0.51 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 0.81 | 2.45 | 4.05 | 5.49 | 6.58 | 6.97 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 0.33 | 0.37 | 0.03 | 0.17 | 0.69 | 0.57 |
| Total Current Assets | 1.14 | 2.81 | 4.08 | 5.65 | 7.27 | 7.55 |
| Net Property, Plant & Equipment | 0.01 | 0.60 | 0.67 | 1.51 | 1.63 | 2.03 |
| Total Investments and Advances | 0.00 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Intangible Assets | 2.26 | 2.26 | 2.26 | 2.26 | 2.26 | 2.26 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.07 | 0.07 | 0.00 |
| Total Assets | 3.41 | 5.87 | 7.21 | 9.70 | 11.42 | 12.04 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.72 | 0.70 | 0.85 | 0.82 | 0.79 |
| Accounts Payable | 0.84 | 0.71 | 0.32 | 0.08 | 0.17 | 0.28 |
| Other Current Liabilities | 0.50 | 0.69 | 0.45 | 0.56 | 0.80 | 1.18 |
| Total Current Liabilities | 1.35 | 2.13 | 1.46 | 1.50 | 1.78 | 2.25 |
| Long Term Debt | 0.01 | 0.47 | 0.66 | 1.48 | 1.71 | 1.92 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 | 0.26 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.33 |
| Total Liabilities | 1.61 | 2.85 | 2.38 | 3.23 | 3.75 | 5.76 |
| 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 | 1.80 | 3.02 | 4.83 | 6.46 | 7.67 | 6.27 |
| Total Shareholders Equity | 1.80 | 3.02 | 4.83 | 6.46 | 7.67 | 6.27 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1.80 | 3.02 | 4.83 | 6.46 | 7.67 | 6.27 |
| Total Liabilities & Stockholders Equity | 3.41 | 5.87 | 7.21 | 9.70 | 11.42 | 12.04 |
| Book Value Per Share | 4.21 | 7.08 | 11.31 | 16.42 | 22.63 | 18.49 |
| Tangible Book Value Per Share | -1.08 | 1.78 | 6.02 | 10.68 | 15.97 | 11.82 |
| Full-Time Employees | - | - | 4 | - | - | - |
| Price to Book Ratio | 0.29 | 1.06 | 0.78 | 1.73 | 0.59 | 0.42 |
| Return on Assets | -98.53 | -125.39 | -110.46 | -115.51 | -109.58 | -126.93 |
| Return on Equity | -154.28 | -241.67 | -176.54 | -157.24 | -146.46 | -192.85 |
| Return on Invested Capital | -73.46 | -55.03 | -34.84 | -27.07 | -55.90 | -20.22 |
| Quick Ratio | 0.85 | 1.32 | 2.79 | 3.78 | 4.07 | 3.35 |
| Current Ratio | 0.85 | 1.32 | 2.79 | 3.78 | 4.07 | 3.35 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -1.33 | -1.92 | -1.91 | -1.53 | -5.25 | -1.66 |
| Depreciation | 0.00 | 0.07 | 0.10 | 0.11 | 0.12 | 0.13 |
| Other Funds (Non Cash) | -0.13 | 0.11 | 0.53 | 0.25 | 3.58 | 0.02 |
| Funds from Operations | -1.45 | -1.73 | -1.29 | -1.17 | -1.54 | -1.51 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -0.39 | 0.13 | -0.22 | -0.31 | -0.48 | -0.50 |
| Cash from Operating Activities | -1.84 | -1.60 | -1.51 | -1.47 | -2.02 | -2.01 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 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 | 0.01 | 0.32 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 0.00 | 0.00 | 0.01 | 0.32 | 0.00 | 0.00 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.07 | 0.06 | 1.62 | 1.65 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.07 | 0.06 | 1.62 | 1.65 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 1.62 | 1.65 |
| Issuance or Reduction of Debt, Net | -0.00 | 0.00 | -0.01 | 0.00 | -0.00 | -0.00 |
| Change in Long Term Debt | -0.00 | 0.00 | -0.01 | 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 | -0.01 | 0.00 | -0.00 | -0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -0.00 | 0.00 | 0.06 | 0.06 | 1.62 | 1.65 |
| Net Change in Cash | -1.84 | -1.60 | -1.44 | -1.09 | -0.40 | -0.36 |
| Free Cash Flow | -1.84 | -1.60 | - | - | -2.02 | -2.01 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 4.62% | 0.0M | 0.8M | 92.60K |
| 2026-10-15 | 6.42% | 0.0M | 0.8M | 383.56K |
| 2026-09-30 | 7.29% | 0.1M | 0.8M | 388.94K |
| 2026-09-15 | 3.80% | 0.0M | 0.8M | 375.01K |
| 2026-08-31 | 2.79% | 0.0M | 0.7M | 359.62K |
| 2026-08-14 | 2.00% | 0.0M | 0.7M | 352.66K |
| 2026-07-31 | 7.35% | 0.1M | 0.8M | 343.41K |
| 2026-07-15 | 5.34% | 0.0M | 0.6M | 32.29K |
| 2026-06-30 | 0.12% | 0.0M | 0.3M | 10.14K |
| 2026-06-15 | 0.39% | 0.0M | 0.3M | 9.59K |
| 2026-05-29 | 1.32% | 0.0M | 0.3M | 9.00K |
| 2026-05-15 | 0.01% | 0.0M | 0.3M | 1.77K |
| 2026-04-30 | 0.09% | 0.0M | 0.3M | 1.81K |
| 2026-04-15 | 0.07% | 0.0M | 0.3M | 1.94K |
| 2026-03-31 | 0.17% | 0.0M | 0.3M | 1.92K |
| 2026-03-13 | 0.14% | 0.0M | 0.3M | 2.08K |
| 2026-02-27 | 0.09% | 0.0M | 0.3M | 2.28K |
| 2026-02-13 | 0.11% | 0.0M | 0.3M | 2.40K |
| 2026-01-30 | 0.01% | 0.0M | 0.3M | 2.20K |
| 2026-01-15 | 0.01% | 0.0M | 0.3M | 1.97K |
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 | 4/A | 2026-11-06 | SEC | |
| 2026-11-09 | 4/A | 2026-11-06 | SEC | |
| 2026-11-09 | 4/A | 2026-11-06 | SEC | |
| 2026-11-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-06 | SEC |
| 2026-11-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-06 | SEC |
| 2026-11-06 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-06 | SEC |
| 2026-11-03 | 8-K | Current report | 2026-11-03 | SEC |
| 2026-09-28 | 8-K | Current report | 2026-09-25 | SEC |
| 2026-09-16 | 8-K | Current report | 2026-09-16 | SEC |
| 2026-09-04 | 8-K | Current report | 2026-08-31 | SEC |
| 2026-08-25 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-08-13 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-08-13 | SCHEDULE 13D/A | SEC | ||
| 2026-08-13 | 4 | Statement of changes in beneficial ownership of securities | 2025-10-16 | SEC |
| 2026-08-13 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-10 | SEC |
| 2026-08-04 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-07-30 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-07-29 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-07-24 | 8-K | Current report | 2026-07-23 | SEC |
| 2026-07-21 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-07-16 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-07-14 | SCHEDULE 13G | SEC | ||
| 2026-07-13 | 425 | Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions. | SEC | |
| 2026-07-13 | 8-K | Current report | 2026-07-10 | SEC |
| 2026-06-26 | 8-K | Current report | 2026-06-24 | SEC |
| 2026-06-22 | 424B7 | SEC | ||
| 2026-06-16 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-05-08 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-04-03 | 8-K | Current report | 2026-04-02 | SEC |
| 2026-03-31 | 10-K | Annual report pursuant to Section 13 or 15(d) | 2025-12-31 | 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 | 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 |
|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 1.11% |
| BlackRock, Inc. | 0.78% |
| GEODE CAPITAL MANAGEMENT, LLC | 0.77% |
| VANGUARD CAPITAL MANAGEMENT LLC | 0.63% |
| VANGUARD FIDUCIARY TRUST CO | 0.27% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.25% |
| CITADEL ADVISORS LLC | 0.24% |
| STATE STREET CORP | 0.24% |
| Holos Integrated Wealth LLC | 0.22% |
| Sargent Investment Group, LLC | 0.20% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD EXTENDED MARKET INDEX FUND | 0.63% |
| Fidelity Extended Market Index Fund | 0.22% |
| Fidelity Total Market Index Fund | 0.05% |
| Fidelity Series Total Market Index Fund | 0.04% |
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