Zura Bio Ltd
ZURAHealthcare·Biotechnology·USA·Micro·NASD·Nov 11 • 9:53 AM ET
1.40-0.01 (-0.36%)
2026-11-11 15:53 CET
Market cap
135.34 USD m
Revenue, TTM
0.00 USD m
Net income, TTM
-122.23 USD m
Free cash flow, TTM
-81.69 USD m
EPS diluted, TTM
-1.25
P/E
-
Price
ZURA against its 20, 50 and 200-day averages2050200missearnings
81.2% under 7.44 on 10 Mar 2026. Last 15 sessions, 392.5% high to low
Profile
ZURA52-week range, 7% of the way up
0.937.44
Zura Bio Ltd. is a clinical-stage, multi-asset immunology company, which engages in the development of novel medicines for immune disorders. It focuses on the development of ZB-168, a treatment for Alopecia Areata and other inflammatory diseases. The company was founded by Someit Sidhu on January 18, 2022 and is headquartered in Henderson, NV.
| Index | RUT |
|---|---|
| Employees | 40 |
| IPO | Sep 03, 2021 |
| Beta | 0.12 |
| ATR, 14d | 0.56 |
| Rel volume | 1.20 |
| Short float | 16.74% |
| Insider own | 47.45% |
| Inst own | 60.09% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 134.85M |
| Enterprise Value | -52.80M |
| Income | -122.23M |
| Sales | 0.00M |
| Book/sh | 1.84 |
| Cash/sh | 1.95 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 40 |
| IPO | Sep 03, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | - |
| P/B | 0.76 |
| P/C | 0.72 |
| P/FCF | - |
| EV/EBITDA | - |
| EV/Sales | - |
| Quick Ratio | 11.29 |
| Current Ratio | 11.29 |
| Debt/Eq | 0.00 |
| LT Debt/Eq | 0.00 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -1.25 |
|---|---|
| EPS next Y | -0.77 |
| EPS next Q | -0.20 |
| EPS this Y | 21.75% |
| EPS next Y | 7.18% |
| EPS next 5Y | 10.02% |
| EPS past 3/5Y | 80.48% - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | -76.37% |
| Sales Y/Y TTM | - |
| EPS Q/Q | 4.58% |
| Sales Q/Q | - |
| Earnings | Oct 27 BMO |
| EPS/Sales Surpr. | 1.91% - |
Ownership
| Insider Own | 47.45% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 60.09% |
| Inst Trans | 8.20% |
| ROA | -72.21% |
| ROE | -85.51% |
| ROIC | -68.80% |
| Gross Margin | - |
| Oper. Margin | - |
| Profit Margin | - |
| SMA20 | -60.49% |
| SMA50 | -66.63% |
| SMA200 | -72.67% |
| Trades | - |
Technical
| Shs Outstand | 96.31M |
|---|---|
| Shs Float | 50.62M |
| Short Float | 16.74% |
| Short Ratio | 2.09 |
| Short Interest | 8.47M |
| 52W High | 7.44 -81.18% |
| 52W Low | 0.93 49.85% |
| Volatility | 19.69% 14.85% |
| ATR (14) | 0.56 |
| RSI (14) | 26.86 |
| Beta | 0.12 |
| Rel Volume | 1.20 |
| Avg Volume | 4.04M |
| Volume | 516,450 |
Performance
| Perf Week | -65.18% |
|---|---|
| Perf Month | -66.91% |
| Perf Quarter | -75.13% |
| Perf Half Y | -70.84% |
| Perf YTD | -73.28% |
| Perf Year | -68.33% |
| Perf 3Y | -67.29% |
| Perf 5Y | -85.82% |
| Perf 10Y | - |
| Recom | 1.00 |
| Target Price | 8.33 |
| Prev Close | 1.40 |
| Price | 1.40 |
| Change % | -0.36% |
Analyst ratings
latest 10 of 10| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Jul 08, 2026 | Initiated | WWilliam Blair | Outperform | ||
| Feb 09, 2026 | Initiated | WWedbush | Outperform | $15 | +971.5% |
| Nov 04, 2024 | Initiated | LLeerink Partners | Outperform | $15 | +971.5% |
| Sep 05, 2024 | Initiated | HH.C. Wainwright | Neutral | $5 | +257.2% |
| May 03, 2024 | Initiated | PPiper Sandler | Overweight | $26 | +1,757.3% |
| Oct 10, 2023 | Initiated | LLadenburg Thalmann | Buy | $10 | +614.3% |
| Aug 25, 2023 | Initiated | OOppenheimer | Outperform | $17 | +1,114.4% |
| Jun 22, 2023 | Initiated | GGuggenheim | Buy | $20 | +1,328.7% |
| Jun 14, 2023 | Initiated | CChardan Capital Markets | Buy | $14 | +900.1% |
| May 24, 2023 | Initiated | RRaymond James | Strong Buy | $20 | +1,328.7% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| AVTX | Avalo Therapeutics Inc | 448.41M |
| ATTO | Attovia Therapeutics Inc | 770.09M |
| TRAX | First Tracks Biotherapeutics Inc | 2.21B |
| EVMN | Evommune Inc | 298.14M |
| MLTX | MoonLake Immunotherapeutics | 1.09B |
| ZBIO | Zenas Biopharma Inc | 1.95B |
| ANAB | AnaptysBio Inc | 1.45B |
| CTNM | Contineum Therapeutics Inc | 424.27M |
| IMNM | Immunome Inc | 2.24B |
| CMMB | Chemomab Therapeutics Ltd ADR | 9.42M |
Insider trading
5 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| SOMEIT SIDHU | Director | Aug 18 '26 | Proposed Sale | 5.75 | 50,000 | 287,712 | Aug 18 05:52 PM | |
| SOMEIT SIDHU | Director | Aug 17 '26 | Proposed Sale | 5.61 | 27,000 | 151,343 | Aug 17 05:41 PM | |
| SOMEIT SIDHU | Director | Aug 14 '26 | Proposed Sale | 5.51 | 40,000 | 220,540 | Aug 14 04:36 PM | |
| SOMEIT SIDHU | Director | Aug 13 '26 | Proposed Sale | 5.63 | 51,000 | 287,043 | Aug 13 05:08 PM | |
| AI Biotechnology LLC | 10% Owner | Feb 26 '26 | Buy | 6.25 | 2,000,000 | 12,500,000 | 6,552,725 | Mar 02 05:55 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VXF | Vanguard Extended Market Index ETF | AUM: 30.47B |
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| FESM | Fidelity Enhanced Small Cap Core ETF | AUM: 6.82B |
| VTWG | Vanguard Russell 2000 Growth Index ETF | AUM: 1.41B |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| SBIO | ALPS Medical Breakthroughs ETF | AUM: 192.65M |
| AVSC | Avantis U.S Small Cap Equity ETF | AUM: 3.23B |
| GSSC | Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF | AUM: 1.06B |
News
latest 14 of 89- AstraZeneca buys vaccine startup; FDA issues GLP-1 safety warning (BioPharma Dive)
- Zura Bio discontinues tibulizumab in HS after Phase II trial failure (Clinical Trials Arena) +13.31%
- Zura Bio Discontinues Hidradenitis Suppurativa Development After Phase 2 Tibulizumab Trial Misses Endpoints (InvestorsHub) -69.68%
- Zura Bio Provides Clinical Update on Phase 2 TibuSHIELD Study of Tibulizumab (ZB-106) in Hidradenitis Suppurativa (Business Wire)
- Zura Bio Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) (Business Wire) +19.94%
- Loading…
- Zura Bio Reports Third Quarter 2026 Financial Results and Recent Corporate Updates (Business Wire)
- This biotech stock is a top pick at Guggenheim (Investing.com) +5.30%
- Zura Bio to Participate in the Cantor Global Healthcare Conference (Business Wire)
- Zura Bio Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) (Business Wire) +7.69%
- Zura Bio Reports Second Quarter 2026 Financial Results and Recent Corporate Updates (Business Wire)
- Zura Bio Exceeds Enrollment Target in Both Hidradenitis Suppurativa (HS) & Systemic Sclerosis (SSc) Phase 2 Studies and Expands Tibulizumab Program (Business Wire) +5.23%
- Zura Bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) (Business Wire)
- Zura Bio Expands Leadership Team with Appointment of Muzammil Mustufa as Chief Business Officer (Business Wire)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-10-27 | -0.200 | -0.204 | -0.200 | 0.00 | 0.00 | 8 |
| 2026Q2 | 2026-08-11 | -0.210 | -0.191 | -0.207 | 0.00 | 0.00 | 8 |
| 2026Q1 | 2026-05-07 | -0.220 | -0.174 | -0.216 | 0.00 | 0.00 | 8 |
| 2025Q4 | 2026-03-19 | -0.490 | -0.196 | -0.623 | 0.00 | 0.00 | 8 |
| 2025Q3 | 2025-11-13 | -0.210 | -0.191 | -0.212 | 0.00 | 0.00 | 8 |
| 2025Q2 | 2025-08-14 | -0.170 | -0.188 | -0.170 | 0.00 | 0.00 | 6 |
| 2025Q1 | 2025-05-08 | -0.190 | -0.159 | -0.188 | 0.00 | 0.00 | 7 |
| 2024Q4 | 2025-03-25 | -0.150 | -0.160 | -0.139 | 0.00 | 0.00 | 7 |
| 2024Q3 | 2024-11-07 | -0.260 | -0.131 | -0.263 | 0.00 | 0.00 | 7 |
| 2024Q2 | 2024-08-13 | -0.170 | -0.150 | -0.169 | 0.00 | 0.00 | 6 |
| 2024Q1 | 2024-05-09 | -0.020 | -0.233 | -0.016 | 0.00 | 0.00 | 4 |
| 2023Q4 | 2024-03-28 | -0.135 | -0.230 | -0.144 | 0.00 | 0.00 | 5 |
| 2023Q3 | 2023-11-13 | -0.180 | -0.248 | -0.176 | 0.00 | 0.00 | 5 |
| 2023Q2 | 2023-08-14 | -1.310 | -0.247 | -1.309 | 0.00 | 0.00 | 3 |
| 2023Q1 | 2023-06-21 | -2.760 | -2.760 | -2.758 | 0.00 | - | 1 |
| 2026Q4 | - | - | -0.202 | - | - | 0.00 | 8 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2023FY | -2.090 | -2.624 | -2.094 | 0.00 | 0.00 |
| 2024FY | -0.600 | -0.666 | -0.605 | 0.00 | 0.00 |
| 2025FY | -1.060 | -0.795 | -1.060 | 0.00 | 0.00 |
| 2026FY | - | -0.829 | - | - | 0.00 |
| 2027FY | - | -0.770 | - | - | 0.00 |
| 2028FY | - | -0.772 | - | - | 6.25 |
| 2029FY | - | -0.862 | - | - | 12.50 |
| 2030FY | - | -0.703 | - | - | 133.04 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-10-27 | 7 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-08-11 | 7 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-07-30 | 7 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-07-06 | 8 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-05-07 | 7 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-03-20 | 7 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2026-02-06 | 6 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-13 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-11 | 5 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-10 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-09 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-08 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-07 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
| 2026Q4 | S | 2025-11-06 | 4 | 0 | 0 | 0.00 | 0.00 | 0.00 |
Estimate history
| EPS, annual | 0.397 | -141.969 | -2.094 | -0.605 | -1.055 | -1.2482 | |||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| EPS, quarterly | -0.263 | -0.139 | -0.188 | -0.17 | -0.212 | -0.623 | -0.216 | -0.207 | -0.202 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| Sales, quarterly | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 17.25 | 0.28 | 43.594 | 65.298 | 73.681 | 96.306 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |||
| Shares, quarterly | 65.294 | 65.298 | 68.375 | 62.064 | 65.018 | 73.681 | 94.881 | 95.422 | 96.306 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 0.07 | 0.05 | 0.01 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -0.07 | -0.05 | -0.01 | 0.00 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 101.94 | 75.20 | 55.18 | 62.64 | 28.49 | 1.09 |
| Research and Development | 65.90 | 42.08 | 24.40 | 44.00 | 24.85 | - |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -102.00 | -75.25 | -55.19 | -62.64 | -28.49 | -1.09 |
| Interest Expense | 0.00 | 0.00 | 0.00 | - | - | - |
| Unusual Expense | 0.00 | 0.00 | 5.24 | 1.52 | 0.16 | -9.49 |
| Net Income Before Taxes | -94.83 | -68.65 | -52.40 | -60.56 | -28.67 | 8.42 |
| Income Taxes | -1.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -93.53 | -68.65 | -52.40 | -60.56 | -28.67 | 8.42 |
| Net Income From Continuing Operations | -122.23 | -99.35 | -45.39 | -60.36 | -27.00 | 8.42 |
| Net Income | -122.23 | -99.35 | -45.39 | -69.24 | -33.97 | 8.42 |
| EPS (Recurring) | -0.96 | -1.06 | -0.56 | -2.06 | -148.40 | 0.10 |
| EPS (Basic, Before Extraordinaries) | -1.25 | -1.06 | -0.60 | -2.09 | -141.97 | 0.40 |
| EPS (Diluted) | -1.25 | -1.06 | -0.60 | -2.09 | -141.97 | 0.40 |
| EBITDA | -101.94 | -75.20 | -55.18 | -62.64 | -28.49 | -1.09 |
| Non-Operating Income (Expense) | 7.18 | 6.60 | 8.03 | 3.60 | -0.02 | 0.02 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 16.24 | 12.33 | 16.80 | 9.66 | 0.35 | - |
| Price To Earnings Ratio | - | - | - | 21.80 | 47.67 | - |
| Shares Outstanding | 96.31 | 73.68 | 65.30 | 43.59 | 0.28 | 17.25 |
| Market Capitalization | 135.34 | 135.34 | 163.23 | 201.25 | 176.12 | 170.26 |
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 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Gross Profit | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 |
| Selling, General and Administrative Excl. Other | 28.75 | 29.31 | 25.48 | 18.40 | 19.51 | 18.05 | 19.25 | 15.73 |
| Research and Development | 19.49 | 20.71 | 14.75 | 10.96 | 11.95 | 8.70 | 10.47 | 9.24 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -28.77 | -29.32 | -25.50 | -18.41 | -19.52 | -18.06 | -19.25 | -15.73 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | -27.05 | -26.39 | -24.22 | -17.18 | -18.04 | -15.99 | -17.44 | -13.63 |
| Income Taxes | -1.22 | -0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -25.83 | -26.30 | -24.22 | -17.18 | -18.04 | -15.99 | -17.44 | -13.63 |
| Net Income From Continuing Operations | -25.83 | -26.30 | -24.22 | -45.88 | -20.04 | -15.99 | -17.44 | -9.05 |
| Net Income | -25.83 | -26.30 | -24.22 | -45.88 | -20.04 | -15.99 | -17.44 | -9.05 |
| EPS (Recurring) | -0.20 | -0.21 | -0.22 | -0.62 | -0.21 | -0.17 | -0.19 | -0.14 |
| EPS (Basic, Before Extraordinaries) | -0.20 | -0.21 | -0.22 | -0.62 | -0.21 | -0.17 | -0.19 | -0.14 |
| EPS (Diluted) | -0.20 | -0.21 | -0.22 | -0.62 | -0.21 | -0.17 | -0.19 | -0.14 |
| EBITDA | -28.75 | -29.30 | -25.48 | -18.40 | -19.50 | -18.05 | -19.25 | -15.73 |
| Non-Operating Income (Expense) | 1.73 | 2.94 | 1.28 | 1.24 | 1.48 | 2.07 | 1.81 | 2.11 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 4.20 | 4.46 | 5.01 | 2.58 | 2.38 | 3.73 | 3.64 | 2.82 |
| Shares Outstanding | 96.31 | 95.42 | 94.88 | 73.68 | 65.02 | 62.06 | 68.37 | 65.30 |
| Market Capitalization | 135.34 | 560.49 | 564.54 | 340.72 | 281.53 | 64.97 | 88.20 | 163.23 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 109.41 | 176.50 | 99.81 | 1.57 | 0.73 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 2.90 | 2.25 | 1.04 | 0.21 | 0.42 |
| Total Current Assets | 112.31 | 178.74 | 100.84 | 1.78 | 1.15 |
| Net Property, Plant & Equipment | 0.13 | 0.09 | 0.00 | 0.00 | 0.00 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 139.40 |
| Intangible Assets | - | - | 0.00 | 0.00 | 0.00 |
| Other Assets | 1.51 | 0.70 | 0.00 | 3.49 | 0.00 |
| Total Assets | 113.95 | 179.53 | 100.84 | 5.26 | 140.55 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 | 7.76 | 0.00 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 12.41 | 19.51 | 20.30 | 7.06 | 0.27 |
| Total Current Liabilities | 12.41 | 19.51 | 20.30 | 14.82 | 0.27 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 12.50 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.99 | 0.00 | 10.08 |
| Total Liabilities | 12.41 | 19.51 | 21.29 | 27.32 | 10.35 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 101.54 | 146.81 | 59.33 | -32.06 | 130.20 |
| Total Shareholders Equity | 101.54 | 146.81 | 59.33 | -32.06 | 130.20 |
| Accumulated Minority Interest | 0.00 | 13.20 | 20.22 | 10.00 | 0.00 |
| Total Equity | 101.54 | 160.02 | 79.55 | -22.06 | 130.20 |
| Total Liabilities & Stockholders Equity | 113.95 | 179.53 | 100.84 | 5.26 | 140.55 |
| Book Value Per Share | 1.38 | 2.25 | 1.36 | -114.60 | 7.55 |
| Tangible Book Value Per Share | 1.38 | 2.25 | 1.36 | -114.60 | 7.55 |
| Full-Time Employees | 40 | 30 | 15 | - | - |
| Price to Book Ratio | 0.76 | 1.07 | 3.18 | 1.33 | 1.31 |
| Return on Assets | -67.71 | -32.38 | -49.81 | -37.03 | - |
| Return on Equity | -80.01 | -44.03 | -62.52 | -55.01 | - |
| Return on Invested Capital | -97.85 | -30.91 | -101.74 | - | 6.46 |
| Quick Ratio | 9.05 | 9.16 | 4.97 | 0.12 | 4.23 |
| Current Ratio | 9.05 | 9.16 | 4.97 | 0.12 | 4.23 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Net Income | -93.53 | -68.65 | -52.40 | -60.56 | -27.33 | 6.85 |
| Depreciation | 0.07 | 0.05 | 0.01 | - | - | - |
| Other Funds (Non Cash) | 12.43 | 7.42 | 22.01 | 40.39 | 22.59 | -7.71 |
| Funds from Operations | -83.61 | -61.18 | -30.38 | -20.17 | -4.74 | -0.86 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 2.01 | -3.63 | 2.31 | 5.12 | 3.54 | -0.24 |
| Cash from Operating Activities | -81.60 | -64.82 | -28.08 | -15.05 | -1.20 | -1.10 |
| Capital Expenditures | -0.09 | -0.11 | -5.08 | -8.00 | -12.00 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -139.38 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -139.38 |
| 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 | -0.09 | -0.11 | -5.08 | -8.00 | -12.00 | -139.38 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 137.79 | 5.20 | 110.79 | 132.48 | 10.00 | 140.82 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 137.79 | 5.20 | 110.79 | 132.48 | 10.00 | 140.82 |
| Proceedsfrom Stock Options | 134.57 | 5.09 | 110.79 | 132.48 | 10.00 | 140.82 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | -10.00 | 7.60 | -0.12 |
| 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 | -7.46 | -7.37 | -0.94 | -1.18 | -2.83 | 0.51 |
| Other Financing Activities Uses | -7.46 | -7.37 | -0.94 | -1.18 | -2.83 | 0.00 |
| Cash from Financing Activities | 130.33 | -2.16 | 109.84 | 121.29 | 14.77 | 141.21 |
| Net Change in Cash | 48.64 | -67.09 | 76.69 | 98.24 | 1.57 | 0.73 |
| Free Cash Flow | -81.69 | -64.93 | -28.15 | -15.05 | -1.20 | -1.10 |
| 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 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 187.65 | 205.13 | 225.59 | 109.41 | 139.02 | 154.49 |
| Short Term Receivables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 3.94 | 5.37 | 1.41 | 2.90 | 3.27 | 2.50 |
| Total Current Assets | 191.59 | 210.50 | 227.00 | 112.31 | 142.29 | 156.99 |
| Net Property, Plant & Equipment | 0.15 | 0.15 | 0.12 | 0.13 | 0.13 | 0.12 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 2.88 | 2.75 | 1.51 | 1.51 | 1.51 | 0.70 |
| Total Assets | 194.63 | 213.40 | 228.64 | 113.95 | 143.94 | 157.81 |
| Short Term Debt Incl. Current Port. of LT Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Tax Payable | 1.28 | 2.67 | - | - | - | - |
| Other Current Liabilities | 15.69 | 13.64 | 11.74 | 12.41 | 25.49 | 18.70 |
| Total Current Liabilities | 16.97 | 16.32 | 11.74 | 12.41 | 25.49 | 18.70 |
| Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 16.97 | 16.32 | 11.74 | 12.41 | 25.49 | 18.70 |
| 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 | 177.66 | 197.09 | 216.90 | 101.54 | 108.24 | 125.91 |
| Total Shareholders Equity | 177.66 | 197.09 | 216.90 | 101.54 | 108.24 | 125.91 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 10.20 | 13.20 |
| Total Equity | 177.66 | 197.09 | 216.90 | 101.54 | 118.44 | 139.11 |
| Total Liabilities & Stockholders Equity | 194.63 | 213.40 | 228.64 | 113.95 | 143.94 | 157.81 |
| Book Value Per Share | 1.84 | 2.07 | 2.29 | 1.38 | 1.66 | 2.03 |
| Tangible Book Value Per Share | 1.84 | 2.07 | 2.29 | 1.38 | 1.66 | 2.03 |
| Full-Time Employees | - | - | - | 40 | - | - |
| Price to Book Ratio | 0.76 | 2.58 | 4.32 | 3.15 | 2.13 | 0.52 |
| Return on Assets | -72.21 | -62.74 | -52.92 | -67.71 | -37.55 | -37.68 |
| Return on Equity | -85.51 | -72.10 | -59.78 | -80.01 | -47.86 | -46.33 |
| Return on Invested Capital | -14.54 | -13.35 | -11.17 | -45.19 | -18.51 | -12.70 |
| Quick Ratio | 11.29 | 12.90 | 19.33 | 9.05 | 5.58 | 8.40 |
| Current Ratio | 11.29 | 12.90 | 19.33 | 9.05 | 5.58 | 8.40 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -25.83 | -26.30 | -24.22 | -17.18 | -18.04 | -15.99 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Other Funds (Non Cash) | 5.33 | 4.50 | 5.01 | -2.41 | 2.39 | 3.78 |
| Funds from Operations | -20.31 | -24.54 | -19.19 | -19.57 | -15.64 | -12.21 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 0.81 | 3.64 | 0.27 | -2.71 | 0.20 | -3.82 |
| Cash from Operating Activities | -19.50 | -20.90 | -18.92 | -22.28 | -15.44 | -16.03 |
| Capital Expenditures | -0.04 | -0.02 | -0.01 | -0.02 | -0.03 | -0.02 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 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 | -0.04 | -0.02 | -0.01 | -0.02 | -0.03 | -0.02 |
| 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 | 2.18 | 0.47 | 135.12 | 0.02 | 0.09 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 2.18 | 0.47 | 135.12 | 0.02 | 0.09 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | -0.55 | 135.12 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 |
| Change in Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | -0.09 | 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 | -0.13 | 0.00 | 0.00 | -7.33 | 0.00 | -0.03 |
| Other Financing Activities Uses | -0.13 | 0.00 | 0.00 | -7.33 | 0.00 | -0.03 |
| Cash from Financing Activities | 2.05 | 0.47 | 135.12 | -7.32 | 0.00 | -0.03 |
| Net Change in Cash | -17.48 | -20.46 | 116.19 | -29.61 | -15.47 | -16.08 |
| Free Cash Flow | -19.53 | -20.93 | -18.94 | -22.30 | -15.48 | -16.05 |
Revenue breakdown
| Revenue split | - |
|---|
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 16.74% | 8.5M | 50.6M | 2.67M |
| 2026-10-15 | 13.94% | 7.0M | 50.4M | 1.95M |
| 2026-09-30 | 18.60% | 9.4M | 50.4M | 1.32M |
| 2026-09-15 | 18.55% | 9.3M | 50.4M | 1.36M |
| 2026-08-31 | 22.21% | 11.1M | 50.0M | 1.30M |
| 2026-08-14 | 22.90% | 11.4M | 50.0M | 1.09M |
| 2026-07-31 | 16.61% | 10.5M | 63.3M | 1.06M |
| 2026-07-15 | 16.20% | 10.3M | 63.3M | 1.08M |
| 2026-06-30 | 14.61% | 9.2M | 63.3M | 996.18K |
| 2026-06-15 | 9.26% | 5.9M | 63.4M | 731.08K |
| 2026-05-29 | 9.82% | 6.2M | 63.4M | 622.04K |
| 2026-05-15 | 9.79% | 6.2M | 63.8M | 616.40K |
| 2026-04-30 | 10.32% | 7.0M | 67.6M | 568.50K |
| 2026-04-15 | 9.12% | 6.2M | 67.5M | 654.97K |
| 2026-03-31 | 9.95% | 5.8M | 57.9M | 671.94K |
| 2026-03-13 | 8.82% | 5.1M | 57.9M | 674.51K |
| 2026-02-27 | 9.01% | 4.7M | 52.6M | 655.36K |
| 2026-02-13 | 10.28% | 4.1M | 39.7M | 611.51K |
| 2026-01-30 | 9.23% | 3.8M | 41.7M | 632.19K |
| 2026-01-15 | 7.23% | 3.0M | 41.7M | 539.82K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 0.50 | 0.00 | 4.90 | 0.00 | 0.000 | 0.00 | 0.00 | 0.941 | -0.008 | 0.000 |
| call | 1.00 | 0.35 | 0.50 | 0.35 | 3.516 | 2,179 | 1.00 | 0.852 | -0.007 | 0.001 |
| call | 1.50 | 0.00 | 0.80 | 0.15 | 6.330 | 53.00 | 1.00 | 0.674 | -0.029 | 0.001 |
| call | 2.00 | 0.00 | 0.10 | 0.00 | - | 37.00 | 0.00 | - | - | - |
| call | 2.50 | 0.00 | 4.90 | 0.02 | 3.876 | 399 | 0.00 | 0.257 | -0.015 | 0.001 |
| call | 4.00 | 0.00 | 0.05 | 0.04 | 4.342 | 1,684 | 0.00 | 0.132 | -0.011 | 0.000 |
| call | 5.00 | 0.00 | 0.05 | 0.04 | 5.124 | 9,446 | 0.00 | 0.121 | -0.013 | 0.000 |
| call | 6.00 | 0.00 | 0.05 | 0.05 | 5.400 | 285 | 0.00 | 0.115 | -0.012 | 0.000 |
| call | 7.50 | 0.00 | 0.05 | 0.02 | 5.944 | 8,549 | 0.00 | 0.108 | -0.013 | 0.000 |
| call | 9.00 | 0.00 | 0.05 | 0.01 | 6.372 | 1,212 | 0.00 | 0.104 | -0.013 | 0.000 |
| call | 10.00 | 0.00 | 0.05 | 0.04 | 6.613 | 1,050 | 0.00 | 0.102 | -0.014 | 0.000 |
| put | 0.50 | 0.00 | 0.05 | 0.00 | - | 0.00 | 0.00 | - | - | - |
| put | 1.00 | 0.00 | 0.05 | 0.02 | 2.404 | 1,478 | 0.00 | -0.146 | -0.006 | 0.001 |
| put | 1.50 | 0.00 | 0.80 | 0.00 | 8.859 | 0.00 | 0.00 | -0.326 | -0.029 | 0.001 |
| put | 2.00 | 0.00 | 4.90 | 0.00 | 8.213 | 185 | 0.00 | -0.700 | -0.012 | 0.001 |
| put | 2.50 | 0.15 | 1.15 | 1.10 | 2.953 | 3,221 | 0.00 | -0.743 | -0.015 | 0.001 |
| put | 4.00 | 1.70 | 5.00 | 2.85 | 0.000 | 917 | 0.00 | -0.868 | -0.011 | 0.000 |
| put | 5.00 | 1.10 | 6.00 | 3.90 | 0.000 | 54.00 | 0.00 | -0.878 | -0.012 | 0.000 |
| put | 6.00 | 2.10 | 7.00 | 2.87 | 0.000 | 79.00 | 0.00 | -0.885 | -0.013 | 0.000 |
| put | 7.50 | 3.60 | 8.50 | 3.74 | 0.000 | 7.00 | 0.00 | -0.891 | -0.013 | 0.000 |
| put | 9.00 | 5.10 | 10.00 | 0.00 | 0.000 | 0.00 | 0.00 | -0.896 | -0.014 | 0.000 |
| put | 10.00 | 6.10 | 11.00 | 6.10 | 0.000 | 0.00 | 0.00 | -0.898 | -0.014 | 0.000 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-09 | 8-K | Current report | 2026-11-09 | SEC |
| 2026-11-03 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-10-27 | 8-K | Current report | 2026-10-27 | SEC |
| 2026-10-27 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-10-27 | S-3 | Registration statement for specified transactions by certain issuers including face-amount certificate companies | SEC | |
| 2026-09-30 | S-8 | Initial registration statement for securities to be offered to employees pursuant to employee benefit plans | SEC | |
| 2026-08-18 | 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 | |
| 2026-08-17 | 8-K | Current report | 2026-08-17 | SEC |
| 2026-08-14 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-13 | 144 | Filing for proposed sale of securities under Rule 144. | SEC | |
| 2026-08-11 | 8-K | Current report | 2026-08-11 | SEC |
| 2026-08-11 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-01 | 8-K | Current report | 2026-07-01 | SEC |
| 2026-06-22 | 3 | Initial statement of beneficial ownership of securities | 2026-04-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-22 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-18 | 8-K | Current report | 2026-06-17 | SEC |
| 2026-05-22 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-05-22 | 8-K | Current report | 2026-05-20 | SEC |
| 2026-05-15 | SCHEDULE 13G/A | SEC | ||
| 2026-05-15 | SCHEDULE 13G/A | SEC | ||
| 2026-05-12 | SCHEDULE 13G/A | SEC | ||
| 2026-05-07 | 8-K | Current report | 2026-05-07 | SEC |
| 2026-05-07 | 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 | 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 | 12.50M | 1 | 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 | 9.94% |
| Venrock Adviser, LLC | 6.77% |
| MPM BioImpact LLC | 4.71% |
| JPMORGAN CHASE & CO | 4.58% |
| GREAT POINT PARTNERS LLC | 4.44% |
| BRAIDWELL LP | 4.19% |
| Siren, L.L.C. | 3.93% |
| BlackRock, Inc. | 3.81% |
| Commodore Capital LP | 3.42% |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 2.89% |
Funds
| Fund | % owned |
|---|---|
| iShares Russell 2000 ETF | 1.54% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.79% |
| Fidelity Small Cap Index Fund | 0.68% |
| iShares Russell 2000 Growth ETF | 0.58% |
| Select Biotechnology Portfolio | 0.53% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.35% |
| Fidelity Extended Market Index Fund | 0.33% |
| iShares Micro-Cap ETF | 0.21% |
| Schwab Small-Cap Index Fund | 0.15% |
| Fidelity Total Market Index Fund | 0.14% |
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