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DFTX

Definium Therapeutics, Inc.

Company overview

Market capitalization
$5.16B
Employees
105
Latest publication
2026-09-29
About Definium Therapeutics, Inc.

Definium Therapeutics, Inc., a clinical biopharmaceutical company, develops novel product candidates to treat brain health disorders. The company's lead product candidates DT120, which is in phase 3 for the treatment of generalized anxiety disorder, major depressive disorder, and other brain health disorders; and DT402, a R-enantiomer of 3,4-methylenedioxymethamphetamine, which is in phase 2a clinical trials for the treatment of autism spectrum disorder. The company was formerly known as Mind Medicine (MindMed) Inc. and changed its name to Definium Therapeutics, Inc. in January 2026. Definium Therapeutics, Inc. is headquartered in New York, New York.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Operating Income-75,077,000USD-59,220,000USD-47,578,000USD-45,669,000USD-40,903,000USD-32,159,000USD-32,462,000USD-24,792,000USD
Net Income-158,986,000USD-77,098,000USD-50,436,000USD-67,265,000USD-42,744,000USD-23,348,000USD-34,741,000USD-13,684,000USD
Total Revenue—0USD0USD0USD0USD0USD0USD0USD
Research Development—41,484,000USD33,521,000USD30,978,000USD29,809,000USD23,357,000USD21,759,000USD17,188,000USD
Selling General Administrative—17,736,000USD14,057,000USD14,691,000USD11,094,000USD8,802,000USD10,703,000USD7,604,000USD
Total Operating Expenses—59,220,000USD47,578,000USD45,669,000USD40,903,000USD32,159,000USD32,462,000USD24,792,000USD
Interest Income—3,457,000USD3,491,000USD2,262,000USD2,774,000USD2,433,000USD3,279,000USD3,507,000USD
Interest Expense—1,245,000USD9,696,000USD1,274,000USD2,338,000USD602,000USD656,000USD727,000USD
Net Interest Income—2,212,000USD2,223,000USD988,000USD436,000USD1,831,000USD2,623,000USD2,780,000USD
Income Before Tax—-77,098,000USD-50,436,000USD-67,265,000USD-42,744,000USD-23,348,000USD-34,741,000USD-13,684,000USD
Net Income From Continuing Ops—-77,098,000USD-50,436,000USD-67,265,000USD-42,744,000USD-23,348,000USD-34,741,000USD-13,684,000USD
Ebit—-75,853,000USD-40,740,000USD-65,991,000USD——-34,085,000USD-12,957,000USD
Ebitda—-75,222,000USD-40,740,000USD-65,984,250USD-40,406,000USD-22,746,000USD-33,360,000USD-1,122,000USD
Depreciation And Amortization—631,000USD-6,750USD6,750USD——725,000USD11,835,000USD
Total Other Income Expense Net—-17,878,000USD-2,858,000USD-21,596,000USD-1,841,000USD8,811,000USD-2,279,000USD11,108,000USD
Reconciled Depreciation——0USD0USD0USD0USD0USD0USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Revenue0USD0USD0USD0USD0USD———
Research Development117,665,000USD65,297,000USD48,962,000USD36,169,000USD34,789,000USD18,631,000USD——
Selling General Administrative48,644,000USD38,619,000USD41,742,000USD30,162,000USD59,065,000USD14,399,000USD——
Total Operating Expenses166,309,000USD103,389,000USD90,704,000USD66,331,000USD93,854,000USD33,030,000USD461,501USD855,262USD
Operating Income-166,309,000USD-103,916,000USD-93,866,000USD-66,331,000USD-93,854,000USD-33,030,000USD-468,180USD-861,940USD
Interest Income10,960,000USD11,558,000USD5,584,000USD—————
Interest Expense5,482,000USD2,283,000USD920,000USD1,495,000USD359,000USD164,000USD——
Net Interest Income5,478,000USD9,275,000USD4,664,000USD1,495,000USD-359,000USD———
Income Before Tax-183,793,000USD-108,679,000USD-95,732,000USD-56,796,000USD-94,193,000USD-33,937,000USD-1,115,806USD-857,944USD
Net Income-183,793,000USD-108,679,000USD-95,732,000USD-56,796,000USD-93,036,000USD-34,101,000USD-1,115,806USD-857,944USD
Net Income From Continuing Ops-183,793,000USD-108,679,000USD-95,732,000USD-56,796,000USD-93,036,000USD———
Ebitda-178,311,000USD-105,869,000USD-92,570,000USD-52,121,000USD-91,218,000USD-33,566,703USD-1,109,122USD-851,262USD
Reconciled Depreciation0USD527,000USD3,162,000USD3,180,000USD2,616,000USD———
Total Other Income Expense Net-17,484,000USD-4,763,000USD-1,866,000USD9,535,000USD-339,000USD-907,000USD-647,626USD3,996USD
Cost Of Revenue—527,000USD3,162,000USD———6,684USD6,682USD
Gross Profit—-527,000USD-3,162,000USD———-6,684USD-6,682USD
Ebit—-106,396,000USD-95,732,000USD-55,301,000USD-93,834,000USD-33,773,000USD-1,115,806USD-857,944USD
Depreciation And Amortization—527,000USD3,162,000USD3,180,000USD2,616,000USD206,297USD6,684USD6,682USD
Tax Provision———0USD-1,157,000USD———
Income Tax Expense————-1,157,000USD—-4USD-2USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets1,112,899,000USD401,293,000USD440,100,000USD236,916,000USD265,091,000USD275,323,000USD302,151,000USD319,769,000USD
Cash And Equivalents655,267,000USD———————
Cash And Short Term Investments1,083,879,000USD373,422,000USD411,593,000USD209,070,000USD182,993,000USD212,441,000USD273,741,000USD295,284,000USD
Short Term Investments428,612,000USD110,904,000USD153,756,000USD189,111,000USD149,601,000USD129,587,000USD0USD—
Total Current Assets1,092,101,000USD380,563,000USD419,320,000USD215,848,000USD189,136,000USD221,700,000USD281,620,000USD299,358,000USD
Other Current Assets8,222,000USD7,141,000USD7,727,000USD6,778,000USD6,143,000USD9,259,000USD7,879,000USD4,074,000USD
Other Non Current Assets880,000USD———————
Total Liabilities194,220,000USD———————
Total Current Liabilities157,204,000USD81,112,000USD66,698,000USD65,416,000USD37,957,000USD30,481,000USD38,849,000USD33,265,000USD
Other Current Liabilities37,222,000USD———————
Other Non Current Liabilities549,000USD———————
Total Stockholder Equity918,679,000USD278,849,000USD332,327,000USD130,596,000USD185,400,000USD222,806,000USD241,448,000USD262,193,000USD
Total Equity Including Noncontrolling Interest918,679,000USD———————
Long Term Debt36,467,000USD40,773,000USD40,579,000USD40,385,000USD41,191,000USD22,036,000USD21,854,000USD24,311,000USD
Goodwill19,918,000USD———————
Accounts Payable6,965,000USD7,127,000USD5,347,000USD8,113,000USD4,216,000USD2,268,000USD2,010,000USD2,149,000USD
Retained Earnings-818,756,000USD-659,770,000USD-582,672,000USD-532,236,000USD-464,971,000USD-422,227,000USD-398,879,000USD-364,138,000USD
Accumulated Other Comprehensive Income417,000USD824,000USD1,085,000USD1,001,000USD807,000USD802,000USD819,000USD821,000USD
Total Liab—122,444,000USD107,773,000USD106,320,000USD79,691,000USD52,517,000USD60,703,000USD57,576,000USD
Other Current Liab—73,985,000USD61,351,000USD57,303,000USD33,741,000USD28,213,000USD36,839,000USD31,116,000USD
Capital Stock—0USD0USD0USD0USD0USD0USD0USD
Good Will—19,918,000USD19,918,000USD19,918,000USD19,918,000USD19,918,000USD19,918,000USD19,918,000USD
Cash—262,518,000USD257,837,000USD19,959,000USD33,392,000USD82,854,000USD273,741,000USD295,284,000USD
Net Debt—-262,518,000USD-257,837,000USD20,426,000USD7,799,000USD-60,818,000USD-251,887,000USD-270,973,000USD
Common Stock Shares Outstanding—108,790,941shares89,327,608shares85,885,516shares85,347,677shares87,091,461shares83,932,000shares80,238,688shares
Non Current Assets Total—20,730,000USD20,780,000USD21,068,000USD75,955,000USD53,623,000USD20,531,000USD20,411,000USD
Non Current Liabilities Total—41,332,000USD41,075,000USD40,904,000USD41,734,000USD22,036,000USD21,854,000USD24,311,000USD
Non Current Liabilities Other—559,000USD496,000USD519,000USD543,000USD———
Non Currrent Assets Other—812,000USD862,000USD1,150,000USD1,174,000USD606,000USD613,000USD493,000USD
Net Working Capital—299,451,000USD352,622,000USD150,432,000USD151,179,000USD191,219,000USD242,771,000USD266,093,000USD
Unclassified Equity—937,795,000USD913,914,000USD661,831,000USD649,564,000USD644,231,000USD639,508,000USD625,510,000USD
Short Long Term Debt Total———40,385,000USD41,191,000USD22,036,000USD21,854,000USD24,311,000USD
Long Term Investments————54,863,000USD33,099,000USD——
Intangible Assets———————500,000USD
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Assets440,100,000USD302,151,000USD124,541,000USD169,993,000USD164,002,000USD81,519,000USD2,936,924USD3,533,005USD
Other Current Assets7,727,000USD7,879,000USD4,168,000USD3,913,000USD3,676,000USD1,425,000USD2,913,917USD35,597USD
Total Liab107,773,000USD60,703,000USD46,407,000USD19,076,000USD12,338,000USD5,651,000USD198,957USD8,230USD
Total Stockholder Equity332,327,000USD241,448,000USD78,134,000USD150,917,000USD151,664,000USD75,868,000USD2,737,966USD3,524,775USD
Other Current Liab61,351,000USD36,839,000USD28,110,000USD15,709,000USD6,230,000USD986,000USD198,957USD8,230USD
Capital Stock0USD0USD0USD0USD0USD———
Retained Earnings-582,672,000USD-398,879,000USD-290,200,000USD-194,468,000USD-137,672,000USD-44,636,000USD-3,650,273USD-2,585,621USD
Good Will19,918,000USD19,918,000USD19,918,000USD19,918,000USD19,918,000USD———
Cash257,837,000USD273,741,000USD99,704,000USD142,142,000USD133,539,000USD80,094,000USD17,931USD154,791USD
Cash And Short Term Investments411,593,000USD273,741,000USD99,704,000USD142,142,000USD133,539,000USD80,094,000USD17,931USD154,791USD
Total Current Assets419,320,000USD281,620,000USD103,872,000USD146,055,000USD137,215,000USD81,519,000USD2,936,924USD198,630USD
Total Current Liabilities66,698,000USD38,849,000USD32,246,000USD17,892,000USD10,408,000USD3,008,000USD198,957USD8,230USD
Net Debt-257,837,000USD-251,887,000USD-85,575,000USD-142,070,000USD-133,539,000USD-80,094,000USD-17,931USD-154,791USD
Long Term Debt40,579,000USD21,854,000USD14,129,000USD—————
Short Term Investments153,756,000USD0USD——————
Accounts Payable5,347,000USD2,010,000USD4,136,000USD2,111,000USD4,178,000USD2,022,000USD——
Accumulated Other Comprehensive Income1,085,000USD819,000USD343,000USD627,000USD1,046,000USD284,000USD34,692USD19,140USD
Common Stock Shares Outstanding89,327,608shares704,611,000shares39,157,420shares30,857,463shares27,377,083shares17,748,040shares379,411shares312,548shares
Non Current Assets Total20,780,000USD20,531,000USD20,669,000USD23,938,000USD26,787,000USD——3,334,374USD
Non Current Liabilities Total41,075,000USD21,854,000USD14,161,000USD1,184,000USD1,930,000USD2,643,000USD——
Non Current Liabilities Other496,000USD—32,000USD1,184,000USD1,930,000USD———
Non Currrent Assets Other862,000USD613,000USD224,000USD331,000USD———3,134,495USD
Net Working Capital352,622,000USD242,771,000USD71,626,000USD128,163,000USD126,807,000USD———
Unclassified Equity913,914,000USD639,508,000USD367,991,000USD344,758,000USD288,290,000USD120,220,000USD——
Short Long Term Debt Total—21,854,000USD14,129,000USD72,000USD————
Intangible Assets——527,000USD3,689,000USD6,869,000USD———
Short Term Debt———72,000USD————
Unclassified Non Current Liabilities—————2,643,000USD——
Common Stock——————5,555,158USD5,323,956USD
Net Receivables——————5,076USD8,241USD
Inventory——————0USD1USD
Property Plant Equipment Net———————63,883USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Change To Liabilities11,465,000USD
Change In Working Capital1,924,000USD
Operating Cash Flow-95,409,000USD
Net Investments-274,738,000USD
Investing Cash Flow-274,738,000USD
Financing Cash Flow767,575,000USD
Effect Of Forex Changes On Cash2,000USD
Change In Cash397,430,000USD
End Cash Flow655,267,000USD
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Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income-77,098,000USD-50,436,000USD-67,265,000USD-42,744,000USD-23,348,000USD-34,741,000USD-13,684,000USD-5,854,000USD
Depreciation631,000USD0USD0USD0USD0USD0USD0USD—
Stock Based Compensation7,132,000USD11,417,000USD5,816,000USD5,253,000USD3,426,000USD3,445,000USD3,770,000USD5,430,000USD
Other Non Cash Items21,256,000USD1,605,865USD23,786,000USD-197,000USD-7,036,000USD6,170,000USD-11,374,794USD-16,115,000USD
Change In Working Capital5,448,000USD-4,477,933USD8,096,000USD8,089,000USD-2,461,000USD-225,000USD4,097,794USD-3,450,000USD
Total Cash From Operating Activities-42,631,000USD-41,891,068USD-29,567,000USD-29,599,000USD-29,419,000USD-25,351,000USD-17,191,000USD-19,989,000USD
Capital Expenditures0USD0USD0USD0USD0USD0USD0USD0USD
Free Cash Flow-42,631,000USD-41,891,070USD-29,567,000USD-29,599,000USD-29,419,000USD-25,351,000USD-17,191,000USD-19,989,000USD
Investments42,000,000USD34,984,000USD15,406,000USD-39,538,000USD-162,458,000USD—0USD—
Total Cashflows From Investing Activities42,000,000USD37,530,929USD15,406,000USD-39,538,000USD-162,458,000USD———
Total Cash From Financing Activities5,309,000USD246,617,000USD749,000USD19,650,000USD1,002,000USD3,807,000USD69,354,000USD10,788,000USD
Issuance Of Capital Stock276,000USD258,858,000USD0USD-186,000USD186,000USD-984,000USD74,999,000USD—
Change In Cash4,681,000USD237,878,000USD-13,433,000USD-49,462,000USD-190,887,000USD-21,543,000USD52,152,000USD-9,200,000USD
Begin Period Cash Flow257,837,000USD19,959,000USD33,392,000USD82,854,000USD273,741,000USD295,284,000USD243,132,000USD252,332,000USD
End Period Cash Flow262,518,000USD257,837,000USD19,959,000USD33,392,000USD82,854,000USD273,741,000USD295,284,000USD243,132,000USD
Other Cashflows From Financing Activities5,309,000USD515,884USD-455,058USD-377,005USD816,000USD3,807,000USD-5,645,000USD1,402,447USD
Net Borrowings—0USD447,000USD19,553,000USD0USD984,000USD128,000USD—
Unclassified Investing Cash Flow—2,546,929USD—-33,750,000USD————
Unclassified Financing Cash Flow—-12,756,884USD—————9,385,553USD
Other Cashflows From Investing Activities———33,750,000USD————
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Net Income-183,793,000USD-108,679,000USD-95,732,000USD-56,796,000USD-93,036,000USD-33,937,000USD-1,115,806USD-857,944USD
Depreciation0USD527,000USD3,162,000USD3,180,000USD2,616,000USD—6,684USD6,682USD
Stock Based Compensation20,096,000USD16,913,000USD15,494,000USD13,707,000USD42,716,000USD7,406,000USD——
Other Non Cash Items22,700,000USD15,454,000USD8,455,000USD-6,448,000USD1,157,000USD873,000USD703,525USD160,963USD
Change In Working Capital9,437,000USD-3,344,000USD6,281,000USD-3,782,000USD1,880,000USD2,061,000USD207,826USD-20,464USD
Total Cash From Operating Activities-131,560,000USD-79,129,000USD-64,365,000USD-50,139,000USD-45,824,000USD-23,597,000USD-208,119USD-722,451USD
Capital Expenditures0USD0USD0USD0USD0USD0USD-313,457USD-1,043,843USD
Free Cash Flow-131,560,000USD-79,129,000USD-64,365,000USD-50,139,000USD-45,824,000USD-23,597,000USD-521,576USD-1,766,294USD
Investments-151,606,000USD0USD——————
Total Cashflows From Investing Activities-151,606,000USD———-297,000USD—-213,153USD541,335USD
Net Borrowings20,000,000USD10,856,000USD21,685,000USD0USD————
Total Cash From Financing Activities267,269,000USD253,196,000USD21,848,000USD59,051,000USD98,824,000USD96,704,000USD288,363USD312,051USD
Issuance Of Capital Stock258,858,000USD249,999,000USD0USD42,297,000USD81,924,000USD———
Change In Cash-15,904,000USD174,037,000USD-42,438,000USD8,603,000USD53,445,000USD73,391,000USD-136,860USD150,813USD
Begin Period Cash Flow273,741,000USD99,704,000USD142,142,000USD133,539,000USD80,094,000USD6,703,000USD154,791USD3,978USD
End Period Cash Flow257,837,000USD273,741,000USD99,704,000USD142,142,000USD133,539,000USD80,094,000USD17,931USD154,791USD
Other Cashflows From Financing Activities-12,626,000USD-7,659,000USD163,000USD16,754,000USD16,900,000USD24,714,000USD——
Unclassified Operating Cash Flow——-2,025,000USD—-1,157,000USD———
Change To Account Receivables—————-13,000USD3,019USD1,676USD
Change To Inventory—————13,000USD——
Unclassified Financing Cash Flow—————71,990,000USD——
Other Cashflows From Investing Activities——————100,304USD—
Unclassified Investing Cash Flow———————1,585,178USD
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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.