CURX
Curanex Pharmaceuticals Inc
Company overview
- Market capitalization
- $157.92M
- Employees
- —
- Latest publication
- 2026-09-29
About Curanex Pharmaceuticals Inc
Curanex Pharmaceuticals Inc, a developmental stage pharmaceutical company, discovers, develops, and commercializes botanical drugs to treat patients suffering from inflammatory diseases. It develops Phyto-N for various therapeutic areas, including ulcerative colitis, atopic dermatitis, COVID-19, diabetes, nonalcoholic fatty liver disease, and gout. The company was formerly known as Fordman Pharma Inc. and changed its name to Curanex Pharmaceuticals Inc in November 2023. Curanex Pharmaceuticals Inc was founded in 1996 and is headquartered in Jericho, New York.
Financial statements
Income Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Research Development | 2,256,162USD | 2,308,399USD | 677,474USD | — | 0USD | — | 0USD | — |
| Selling General Administrative | 927,197USD | 784,240USD | 273,853USD | 57,658USD | 137,452USD | 63,915USD | 102,070USD | 44,200USD |
| Total Operating Expenses | 3,183,359USD | 3,092,639USD | 951,327USD | 57,658USD | 137,452USD | 138,591USD | 102,070USD | 44,200USD |
| Operating Income | -3,183,359USD | -3,092,639USD | -951,327USD | -57,658USD | -137,452USD | -138,591USD | -102,070USD | -44,200USD |
| Interest Expense | 0USD | 17,074USD | 4,090USD | 3,091USD | 1,356USD | — | 0USD | 0USD |
| Net Interest Income | 0USD | 0USD | -4,090USD | -3,091USD | -1,356USD | — | 0USD | 0USD |
| Income Before Tax | -3,150,228USD | -3,073,118USD | -954,059USD | -60,346USD | -137,583USD | -137,163USD | -99,942USD | -44,200USD |
| Net Income | -3,150,228USD | -3,073,118USD | -954,059USD | -60,346USD | -137,583USD | -137,163USD | -99,942USD | -44,200USD |
| Net Income From Continuing Ops | -3,150,228USD | -3,073,118USD | -954,059USD | -60,346USD | -137,583USD | -137,163USD | -99,942USD | -44,200USD |
| Ebitda | -3,183,359USD | -3,140,727USD | -934,530USD | -42,225USD | -121,594USD | -63,915USD | -102,070USD | -44,200USD |
| Reconciled Depreciation | 35,041USD | 34,294USD | 15,439USD | 15,030USD | 14,633USD | 0USD | 0USD | 0USD |
| Total Other Income Expense Net | 33,131USD | 19,521USD | -2,732USD | -2,688USD | -131USD | 1,428USD | 2,128USD | — |
| Cost Of Revenue | — | -15,030USD | — | 15,030USD | — | — | — | — |
| Gross Profit | — | 15,030USD | — | -15,030USD | — | — | — | — |
| Ebit | — | -3,095,625USD | -949,969USD | -57,255USD | -136,227USD | — | — | — |
| Depreciation And Amortization | — | -45,102USD | 15,439USD | 15,030USD | 14,633USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 0USD | 26,000USD |
| Research Development | 2,985,873USD | 0USD | — | — |
| Selling General Administrative | 1,253,203USD | 290,386USD | 19,298USD | 24,662USD |
| Total Operating Expenses | 4,239,076USD | 365,062USD | 19,298USD | 24,662USD |
| Operating Income | -4,239,076USD | -365,062USD | -19,298USD | -20,233USD |
| Interest Expense | 8,537USD | 0USD | — | — |
| Net Interest Income | -8,537USD | 0USD | — | — |
| Income Before Tax | -4,225,106USD | -361,506USD | -19,198USD | -20,233USD |
| Net Income | -4,225,106USD | -361,506USD | -19,198USD | -20,233USD |
| Net Income From Continuing Ops | -4,225,106USD | -361,506USD | -19,198USD | -20,233USD |
| Ebitda | -4,239,076USD | -290,386USD | -17,483USD | 925USD |
| Reconciled Depreciation | 79,396USD | 0USD | 1,815USD | 21,158USD |
| Total Other Income Expense Net | 13,970USD | 3,556USD | 100USD | — |
| Cost Of Revenue | — | — | 0USD | 21,571USD |
| Gross Profit | — | — | 0USD | 4,429USD |
| Ebit | — | — | -19,298USD | -20,233USD |
| Depreciation And Amortization | — | — | 1,815USD | 21,158USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 5,073,932USD | 8,411,292USD | 11,580,124USD | 14,478,157USD | 787,174USD | 786,940USD | 517,935USD | 646,122USD |
| Cash And Equivalents | 2,938,463USD | — | — | — | — | — | — | — |
| Total Current Assets | 4,792,993USD | 8,093,718USD | 11,227,508USD | 14,417,759USD | 711,337USD | 696,072USD | 517,935USD | 571,447USD |
| Total Liabilities | 286,254USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 104,306USD | 128,734USD | 137,030USD | 185,955USD | 75,927USD | 192,605USD | 14,575USD | 5,600USD |
| Other Current Liabilities | 9,741USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 4,787,678USD | 8,078,648USD | 11,219,084USD | 14,292,202USD | 305,431USD | 365,777USD | 503,360USD | 640,523USD |
| Total Equity Including Noncontrolling Interest | 4,787,678USD | — | — | — | — | — | — | — |
| Property Plant Equipment Net | 280,939USD | 317,574USD | 352,616USD | 60,398USD | 75,837USD | 90,868USD | 0USD | — |
| Accounts Payable | 154USD | 8,404USD | 2,426USD | 114,489USD | 269USD | 126,057USD | 5,000USD | — |
| Short Term Debt | 94,411USD | 107,090USD | 122,689USD | 61,150USD | 70,636USD | 62,618USD | — | — |
| Common Stock | 2,836USD | 2,836USD | 2,834USD | 2,834USD | 2,400USD | 2,400USD | 2,400USD | 4,000USD |
| Retained Earnings | -11,288,753USD | -7,997,783USD | -4,847,555USD | -1,774,437USD | -820,378USD | -760,032USD | -622,449USD | -485,286USD |
| Other Current Assets | — | 4,075,144USD | 6,254,374USD | 8,587,222USD | 602,475USD | 497,129USD | 369,044USD | 327,127USD |
| Total Liab | — | 332,644USD | 361,040USD | 185,955USD | 481,743USD | 421,163USD | 14,575USD | 5,599USD |
| Other Current Liab | — | 13,240USD | 11,915USD | 10,316USD | 5,022USD | 3,905USD | 9,550USD | 4,000USD |
| Capital Stock | — | 2,936USD | 2,934USD | 2,934USD | 2,500USD | 2,500USD | 2,500USD | 4,100USD |
| Cash | — | 4,018,574USD | 4,973,134USD | 5,830,537USD | 108,862USD | 198,943USD | 148,891USD | 244,320USD |
| Cash And Short Term Investments | — | 4,018,574USD | 4,973,134USD | 5,830,537USD | 108,862USD | 198,943USD | 148,891USD | 244,320USD |
| Net Debt | — | -3,707,574USD | -4,626,435USD | -5,769,387USD | 367,590USD | 92,233USD | -148,891USD | -244,320USD |
| Short Long Term Debt Total | — | 311,000USD | 346,699USD | 61,150USD | 476,452USD | 291,176USD | — | — |
| Property Plant Equipment Gross | — | 317,574USD | 352,616USD | 60,398USD | 75,837USD | 90,868USD | 0USD | — |
| Common Stock Shares Outstanding | — | 28,344,545shares | 25,497,328shares | 25,599,673shares | 27,750,000shares | 27,750,000shares | 27,750,000shares | 27,750,000shares |
| Non Current Assets Total | — | 317,574USD | 352,616USD | 60,398USD | 75,837USD | 90,868USD | 0USD | 74,676USD |
| Non Current Liabilities Total | — | 203,910USD | 224,010USD | 0USD | 405,816USD | 228,558USD | 0USD | -1USD |
| Net Working Capital | — | 7,964,984USD | 11,090,478USD | 14,231,804USD | 635,410USD | 503,467USD | 503,360USD | 565,847USD |
| Unclassified Equity | — | 16,070,659USD | 16,060,871USD | 16,060,871USD | 1,120,909USD | 1,120,909USD | 1,120,909USD | 1,117,709USD |
| Long Term Debt | — | — | — | — | 400,000USD | 200,000USD | — | — |
| Intangible Assets | — | — | — | — | — | — | — | 74,676USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Total Assets | 11,580,124USD | 517,935USD | 74,366USD | 10,232USD |
| Other Current Assets | 6,254,374USD | 369,044USD | — | 1,815USD |
| Total Liab | 361,040USD | 14,575USD | 14,276USD | 0USD |
| Total Stockholder Equity | 11,219,084USD | 503,360USD | 60,090USD | 10,232USD |
| Other Current Liab | 11,915USD | 9,550USD | 13,676USD | — |
| Common Stock | 2,834USD | 2,400USD | 60USD | — |
| Capital Stock | 2,934USD | 2,500USD | 60USD | 100USD |
| Retained Earnings | -4,847,555USD | -622,449USD | -260,943USD | -241,745USD |
| Cash | 4,973,134USD | 148,891USD | 74,366USD | 2,430USD |
| Cash And Short Term Investments | 4,973,134USD | 148,891USD | 74,366USD | — |
| Total Current Assets | 11,227,508USD | 517,935USD | 74,366USD | 10,232USD |
| Total Current Liabilities | 137,030USD | 14,575USD | 14,276USD | 0USD |
| Net Debt | -4,626,435USD | -148,891USD | -74,366USD | — |
| Short Term Debt | 122,689USD | — | — | — |
| Short Long Term Debt Total | 346,699USD | — | — | — |
| Accounts Payable | 2,426USD | 5,000USD | 0USD | — |
| Property Plant Equipment Net | 352,616USD | 0USD | — | — |
| Property Plant Equipment Gross | 352,616USD | 0USD | — | — |
| Common Stock Shares Outstanding | 25,497,328shares | 27,750,000shares | 42,000,000shares | 42,000,000shares |
| Non Current Assets Total | 352,616USD | 0USD | 0USD | 0USD |
| Non Current Liabilities Total | 224,010USD | 0USD | 0USD | 0USD |
| Net Working Capital | 11,090,478USD | 503,360USD | 60,090USD | 10,232USD |
| Unclassified Equity | 16,060,871USD | 1,120,909USD | — | — |
| Inventory | — | — | 0USD | 2,987USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Stock Based Compensation | 9,792USD |
| Change To Liabilities | -4,446USD |
| Change In Working Capital | -2,272USD |
| Operating Cash Flow | -2,034,671USD |
| Change In Cash | -2,034,671USD |
| End Cash Flow | 2,938,463USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -3,150,228USD | -3,073,118USD | -954,059USD | -60,346USD | -137,583USD | -137,163USD | -91,166USD | -44,200USD |
| Depreciation | 35,041USD | 34,294USD | 15,439USD | 15,030USD | 14,633USD | 0USD | 0USD | 0USD |
| Stock Based Compensation | 9,792USD | — | — | — | 0USD | — | — | — |
| Other Non Cash Items | 2,150,835USD | 2,181,420USD | -8,520,162USD | — | — | — | — | — |
| Change In Working Capital | 2,150,835USD | 2,181,420USD | 271,763USD | -244,765USD | -26,998USD | -32,942USD | -38,777USD | -192,128USD |
| Total Cash From Operating Activities | -954,560USD | -857,404USD | -9,187,019USD | -290,081USD | -149,948USD | -95,429USD | -129,943USD | -236,328USD |
| Capital Expenditures | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Free Cash Flow | -954,560USD | -857,404USD | -9,187,019USD | -290,081USD | -149,948USD | -95,429USD | -129,943USD | -236,330USD |
| Net Borrowings | 0USD | — | — | 200,000USD | 200,000USD | — | — | — |
| Total Cash From Financing Activities | 0USD | 0USD | 14,908,695USD | 200,000USD | 200,000USD | 0USD | 0USD | 580,100USD |
| Change In Cash | -954,560USD | -857,403USD | 5,721,675USD | -90,081USD | 50,052USD | -95,429USD | -129,944USD | 374,261USD |
| Begin Period Cash Flow | 4,973,134USD | 5,830,537USD | 108,862USD | 198,943USD | 148,891USD | 244,320USD | 374,261USD | 30,489USD |
| End Period Cash Flow | 4,018,574USD | 4,973,134USD | 5,830,537USD | 108,862USD | 198,943USD | 148,891USD | 244,317USD | 374,261USD |
| Unclassified Operating Cash Flow | -2,150,835USD | -2,181,420USD | — | — | — | — | — | — |
| Issuance Of Capital Stock | — | 0USD | 15,655,192USD | 0USD | 0USD | 0USD | 0USD | 580,100USD |
| Other Cashflows From Financing Activities | — | 400,000USD | 14,908,695USD | — | — | — | — | -50,000USD |
| Unclassified Financing Cash Flow | — | — | -15,655,192USD | — | — | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Net Income | -4,225,106USD | -361,506USD | -19,198USD | -20,233USD |
| Depreciation | 79,396USD | 0USD | 1,815USD | 21,158USD |
| Other Non Cash Items | -6,338,742USD | 74,676USD | — | — |
| Change In Working Capital | -6,338,742USD | -268,745USD | 17,263USD | 2,411USD |
| Total Cash From Operating Activities | -10,484,452USD | -555,575USD | -120USD | 3,336USD |
| Capital Expenditures | 0USD | -5USD | 0USD | 0USD |
| Free Cash Flow | -10,484,452USD | -555,575USD | -120USD | 3,336USD |
| Total Cash From Financing Activities | 15,308,695USD | 630,100USD | 72,056USD | -3,000USD |
| Issuance Of Capital Stock | 15,655,192USD | 630,100USD | 69,056USD | 0USD |
| Change In Cash | 4,824,243USD | 74,525USD | 71,936USD | 336USD |
| Begin Period Cash Flow | 148,891USD | 74,366USD | 2,430USD | 2,094USD |
| End Period Cash Flow | 4,973,134USD | 148,891USD | 74,366USD | 2,430USD |
| Other Cashflows From Financing Activities | 15,308,695USD | 100USD | 3,000USD | — |
| Unclassified Operating Cash Flow | 6,338,742USD | — | — | — |
| Unclassified Financing Cash Flow | -15,655,192USD | — | — | — |
| Change To Inventory | — | 0USD | 2,987USD | 21,571USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.