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    DMAC

    DiaMedica Therapeutics Inc.

    Company overview

    Market capitalization
    $448.66M
    Employees
    35
    Latest publication
    2026-09-29
    About DiaMedica Therapeutics Inc.

    DiaMedica Therapeutics Inc., a clinical stage biopharmaceutical company, focuses on improving the lives of people suffering from severe ischemic diseases. Its lead candidate is DM199, a pharmaceutically active recombinant form of the human tissue kallikrein-1 protein, which is in Phase 2/3 trials for the treatment of acute ischemic stroke, as well as in Phase 2 to treat preeclampsia, cardio renal disease, and fetal growth restriction. The company develops DM300, which is a recombinant human ulinastatin in the preclinical stage for the treatment of inflammatory diseases, such as acute pancreatitis. The company was formerly known as DiaMedica Inc. and changed its name to DiaMedica Therapeutics Inc. in December 2016. DiaMedica Therapeutics Inc. was incorporated in 2000 and is headquartered in Minneapolis, Minnesota.

    Company website

    Financial statements

    Income 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
    Total Revenue0USD-27,999USD0USD0USD0USD13,802,000USD0USD0USD
    Cost Of Revenue11,000USD13,999USD18,000USD3,000USD11,000USD11,000USD6,883,000USD10,000USD
    Gross Profit-11,000USD-13,999USD-18,000USD-3,000USD-11,000USD-11,000USD-6,883,000USD-10,000USD
    Research Development7,987,000USD6,699,000USD6,437,000USD5,822,000USD5,656,000USD6,470,000USD4,983,000USD3,928,000USD
    Selling General Administrative2,495,000USD2,514,000USD2,596,000USD2,185,000USD2,488,000USD1,949,000USD1,900,000USD1,710,000USD
    Total Operating Expenses10,482,000USD9,213,000USD9,033,000USD8,007,000USD8,144,000USD8,419,000USD6,883,000USD5,638,000USD
    Operating Income-10,482,000USD-9,213,000USD-9,033,000USD-8,007,000USD-8,144,000USD-8,419,000USD-6,883,000USD-5,638,000USD
    Income Before Tax-10,035,000USD-8,730,000USD-8,614,000USD-7,693,000USD-7,701,000USD-7,891,000USD-6,267,000USD-5,112,000USD
    Income Tax Expense-7,000USD10,000USD6,000USD6,000USD6,000USD9,000USD7,000USD7,000USD
    Tax Provision7,000USD10,000USD6,000USD6,000USD6,000USD9,000USD7,000USD7,000USD
    Net Income-10,042,000USD-8,740,000USD-8,620,000USD-7,699,000USD-7,707,000USD-7,900,000USD-6,274,000USD-5,119,000USD
    Net Income From Continuing Ops-10,042,000USD-8,740,000USD-8,620,000USD-7,699,000USD-7,707,000USD-7,900,000USD-6,274,000USD-5,119,000USD
    Ebit-10,482,000USD-9,213,000USD-9,033,000USD-8,007,000USD-8,144,000USD-7,891,000USD-6,883,000USD-5,638,000USD
    Ebitda-10,471,000USD-9,202,000USD-9,015,000USD-8,004,000USD-8,133,000USD-7,880,000USD-6,873,000USD-5,628,000USD
    Depreciation And Amortization11,000USD11,000USD18,000USD3,000USD11,000USD11,000USD10,000USD10,000USD
    Reconciled Depreciation11,000USD11,000USD18,000USD3,000USD11,000USD11,000USD10,000USD10,000USD
    Total Other Income Expense Net447,000USD483,000USD419,000USD314,000USD443,000USD528,000USD616,000USD526,000USD
    Selling And Marketing Expenses————45,000USD——10,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    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 Revenue0USD0USD0USD0USD0USD0USD0USD500,000USD
    Research Development24,614,000USD19,057,000USD13,110,000USD7,839,000USD8,765,000USD8,205,000USD7,900,000USD4,522,000USD
    Selling General Administrative9,783,000USD7,624,000USD8,157,000USD6,162,000USD4,881,000USD4,494,000USD3,693,000USD2,739,000USD
    Total Operating Expenses34,397,000USD26,681,000USD21,267,000USD14,001,000USD13,646,000USD12,699,000USD11,593,000USD7,261,000USD
    Operating Income-34,397,000USD-26,681,000USD-21,267,000USD-14,001,000USD-13,646,000USD-12,699,000USD-11,593,000USD-6,761,000USD
    Income Before Tax-32,738,000USD-24,414,000USD-19,338,000USD-13,648,000USD-13,564,000USD-12,265,000USD-10,618,000USD-5,654,000USD
    Income Tax Expense28,000USD30,000USD43,000USD28,000USD28,000USD27,000USD31,000USD80,000USD
    Tax Provision28,000USD30,000USD28,000USD28,000USD28,000USD27,000USD31,000USD80,000USD
    Net Income-32,766,000USD-24,444,000USD-19,381,000USD-13,676,000USD-13,592,000USD-12,292,000USD-10,649,000USD-5,734,000USD
    Net Income From Continuing Ops-32,766,000USD-24,444,000USD-17,971,000USD-13,676,000USD-13,592,000USD-12,292,000USD-10,649,000USD-5,734,000USD
    Ebit-34,397,000USD-26,681,000USD-21,267,000USD-14,001,000USD-13,646,000USD-12,699,000USD-11,593,000USD-5,654,000USD
    Ebitda-34,354,000USD-26,642,000USD-21,237,000USD-13,976,000USD-13,622,000USD-12,678,000USD-11,572,000USD-5,639,000USD
    Depreciation And Amortization43,000USD39,000USD30,000USD25,000USD24,000USD21,000USD21,000USD15,000USD
    Reconciled Depreciation43,000USD39,000USD28,000USD25,000USD24,000USD21,000USD21,000USD15,000USD
    Total Other Income Expense Net1,659,000USD2,267,000USD1,929,000USD353,000USD82,000USD434,000USD975,000USD747,000USD
    Cost Of Revenue—39,000USD30,000USD25,000USD24,000USD21,000USD21,000USD0USD
    Gross Profit—-39,000USD-30,000USD-25,000USD-24,000USD-21,000USD-21,000USD500,000USD
    Selling And Marketing Expenses—193,000USD196,000USD103,000USD————
    Interest Expense———353,000USD82,000USD229,000USD119,000USD0USD
    Net Income Applicable To Common Shares————-13,592,000USD-12,292,000USD-10,649,000USD-5,734,000USD
    Non Operating Income Net Other—————434,000USD975,000USD1,107,000USD
    Interest Income———————39,000USD
    Minority Interest———————0USD
    Discontinued Operations———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet 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
    Total Assets53,080,000USD61,371,000USD57,047,000USD31,470,000USD38,830,000USD46,345,000USD52,524,000USD56,791,000USD
    Other Current Assets1,032,000USD481,000USD645,000USD880,000USD849,000USD227,000USD280,000USD568,000USD
    Total Liab5,845,000USD5,260,000USD5,425,000USD4,300,000USD4,876,000USD5,627,000USD4,560,000USD3,376,000USD
    Total Stockholder Equity47,235,000USD56,111,000USD51,622,000USD27,170,000USD33,954,000USD40,718,000USD47,964,000USD53,415,000USD
    Other Current Liab2,340,000USD3,545,000USD3,239,000USD2,747,000USD3,053,000USD4,347,000USD3,024,000USD2,229,000USD
    Capital Stock0USD0USD0USD0USD0USD0USD0USD0USD
    Retained Earnings-182,810,000USD-172,768,000USD-164,028,000USD-155,408,000USD-147,709,000USD-140,002,000USD-132,102,000USD-125,828,000USD
    Cash4,868,000USD15,647,000USD3,326,000USD4,109,000USD2,589,000USD3,025,000USD4,134,000USD14,066,000USD
    Cash And Short Term Investments51,331,000USD59,890,000USD55,318,000USD30,038,000USD36,320,000USD44,147,000USD50,197,000USD54,055,000USD
    Total Current Assets52,363,000USD60,629,000USD56,223,000USD31,079,000USD37,422,000USD44,610,000USD50,767,000USD55,014,000USD
    Total Current Liabilities5,748,000USD5,132,000USD5,268,000USD4,116,000USD4,665,000USD5,390,000USD4,297,000USD3,088,000USD
    Net Debt-4,656,000USD-15,407,000USD-3,060,000USD-3,817,000USD-2,273,000USD-2,685,000USD-3,769,000USD-13,678,000USD
    Short Term Debt115,000USD112,000USD109,000USD108,000USD105,000USD103,000USD102,000USD100,000USD
    Short Long Term Debt Total212,000USD240,000USD266,000USD292,000USD316,000USD340,000USD365,000USD388,000USD
    Short Term Investments46,463,000USD44,243,000USD51,992,000USD25,929,000USD33,731,000USD41,122,000USD46,063,000USD39,989,000USD
    Net Receivables16,000USD258,000USD260,000USD161,000USD253,000USD236,000USD290,000USD391,000USD
    Accounts Payable3,293,000USD1,475,000USD1,920,000USD1,261,000USD1,507,000USD940,000USD1,171,000USD759,000USD
    Property Plant Equipment Net317,000USD342,000USD368,000USD391,000USD408,000USD427,000USD449,000USD469,000USD
    Property Plant Equipment Gross476,000USD492,000USD507,000USD519,000USD530,000USD541,000USD552,000USD567,000USD
    Accumulated Other Comprehensive Income-26,000USD50,000USD50,000USD-14,000USD5,000USD23,000USD81,000USD-51,000USD
    Common Stock Shares Outstanding53,793,490shares46,980,777shares49,630,119shares42,957,619shares42,843,938shares42,818,660shares42,751,577shares38,068,378shares
    Non Current Assets Total717,000USD742,000USD823,999USD391,000USD1,408,000USD1,735,000USD1,757,000USD1,777,000USD
    Non Current Liabilities Total97,000USD128,000USD157,000USD184,000USD211,000USD237,000USD263,000USD288,000USD
    Non Currrent Assets Other400,000USD400,000USD455,999USD—1,000,000USD1,308,000USD1,308,000USD1,308,000USD
    Net Working Capital46,615,000USD55,497,000USD50,955,000USD26,963,000USD32,757,000USD39,220,000USD46,470,000USD51,926,000USD
    Unclassified Equity230,071,000USD228,829,000USD215,600,000USD182,592,000USD181,658,000USD180,697,000USD179,985,000USD179,294,000USD
    Long Term Investments————1,000,000USD———
    Other Assets———————1USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    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 Assets61,371,000USD46,345,000USD54,160,000USD34,395,000USD45,551,000USD28,095,000USD9,053,000USD18,339,000USD
    Other Current Assets481,000USD227,000USD411,000USD251,000USD327,000USD414,000USD135,000USD369,000USD
    Total Liab5,260,000USD5,627,000USD3,103,000USD2,568,000USD1,527,000USD2,081,000USD1,436,000USD1,314,000USD
    Total Stockholder Equity56,111,000USD40,718,000USD51,057,000USD31,827,000USD44,024,000USD26,014,000USD7,617,000USD17,025,000USD
    Other Current Liab3,545,000USD4,347,000USD1,777,000USD1,365,000USD966,000USD864,000USD1,076,000USD774,000USD
    Capital Stock0USD0USD0USD0USD0USD0USD0USD0USD
    Retained Earnings-172,768,000USD-140,002,000USD-115,558,000USD-96,177,000USD-82,501,000USD-68,909,000USD-56,617,000USD-45,968,000USD
    Cash15,647,000USD3,025,000USD4,543,000USD4,728,000USD4,707,000USD7,409,000USD3,883,000USD16,823,000USD
    Cash And Short Term Investments59,890,000USD44,147,000USD52,895,000USD33,502,000USD45,112,000USD27,507,000USD7,878,000USD16,823,000USD
    Total Current Assets60,629,000USD44,610,000USD53,675,000USD33,835,000USD45,439,000USD27,921,000USD8,836,000USD17,972,000USD
    Total Current Liabilities5,132,000USD5,390,000USD2,786,000USD2,168,000USD1,524,000USD2,028,000USD1,318,000USD1,296,000USD
    Net Debt-15,407,000USD-2,685,000USD-4,143,000USD-4,259,000USD-4,655,000USD-7,291,000USD-3,705,000USD-16,800,000USD
    Short Term Debt112,000USD103,000USD83,000USD69,000USD49,000USD65,000USD60,000USD5,000USD
    Short Long Term Debt Total240,000USD340,000USD400,000USD469,000USD52,000USD118,000USD178,000USD23,000USD
    Short Term Investments44,243,000USD41,122,000USD48,352,000USD28,774,000USD40,405,000USD20,098,000USD3,995,000USD0USD
    Net Receivables258,000USD236,000USD369,000USD82,000USD130,000USD340,000USD823,000USD646,000USD
    Accounts Payable1,475,000USD940,000USD926,000USD734,000USD509,000USD1,099,000USD182,000USD483,000USD
    Property Plant Equipment Net342,000USD427,000USD485,000USD560,000USD112,000USD174,000USD217,000USD96,000USD
    Property Plant Equipment Gross492,000USD541,000USD585,000USD560,000USD179,000USD174,000USD217,000USD96,000USD
    Accumulated Other Comprehensive Income50,000USD23,000USD6,000USD-74,000USD-51,000USD-2,000USD2,000USD-24,000USD
    Common Stock Shares Outstanding46,980,777shares40,404,681shares32,566,723shares26,443,067shares20,773,399shares15,680,320shares11,987,696shares7,743,520shares
    Non Current Assets Total742,000USD1,735,000USD485,000USD560,000USD112,000USD174,000USD217,000USD367,000USD
    Non Current Liabilities Total128,000USD237,000USD317,000USD400,000USD3,000USD53,000USD117,999USD18,000USD
    Non Currrent Assets Other400,000USD1,308,000USD-1USD—-40,405,000USD100,000USD217,000USD271,000USD
    Net Working Capital55,497,000USD39,220,000USD50,889,000USD31,667,000USD43,915,000USD25,893,000USD7,518,000USD16,676,000USD
    Unclassified Equity228,829,000USD180,697,000USD166,609,000USD128,078,000USD126,576,000USD94,925,000USD64,232,000USD63,017,000USD
    Other Assets——1USD——100,000USD—0USD
    Inventory————113,000USD10,000USD88,000USD0USD
    Net Tangible Assets————44,024,000USD26,014,000USD7,617,000USD17,025,000USD
    Current Deferred Revenue—————8,000USD—34,000USD
    Non Current Liabilities Other—————53,000USD118,000USD0USD
    Intangible Assets———————0USD
    Deferred Long Term Liab———————0USD
    Common Stock———————0USD
    Other Liab———————0USD
    Good Will———————0USD
    Short Long Term Debt———————0USD
    Long Term Debt———————0USD
    Long Term Investments———————0USD
    Accumulated Depreciation———————0USD
    Additional Paid In Capital———————0USD
    Treasury Stock———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    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-10,042,000USD-8,740,000USD-8,620,000USD-7,699,000USD-7,707,000USD-7,900,000USD-6,274,000USD-5,119,000USD
    Depreciation11,000USD20,000USD18,000USD3,000USD11,000USD11,000USD10,000USD10,000USD
    Stock Based Compensation822,000USD1,192,000USD1,016,000USD771,000USD867,000USD589,000USD565,000USD443,000USD
    Other Non Cash Items654,000USD-240,000USD712,106USD-160,000USD-241,000USD-311,000USD-346,000USD-300,000USD
    Change To Account Receivables-43,000USD2,000USD-100,734USD92,000USD-17,000USD54,000USD101,000USD8,000USD
    Change In Working Capital295,000USD3,000USD1,285,032USD-513,000USD-79,000USD1,177,000USD1,575,000USD447,000USD
    Total Cash From Operating Activities-9,082,000USD-7,765,000USD-6,604,860USD-7,598,000USD-7,149,000USD-6,434,000USD-4,470,000USD-4,519,000USD
    Capital Expenditures-8,000USD-6,000USD-16,189USD-6,000USD-12,000USD-7,000USD-9,000USD-68USD
    Free Cash Flow-9,090,000USD-7,771,000USD-6,621,050USD-7,604,000USD-7,161,000USD-6,441,000USD-4,479,000USD-4,519,000USD
    Investments-2,106,000USD8,001,000USD-25,766,000USD8,957,000USD6,622,000USD5,205,000USD-5,585,000USD4,736,000USD
    Total Cashflows From Investing Activities-2,114,000USD7,995,000USD-26,205,409USD8,957,000USD6,622,000USD5,205,000USD-5,585,000USD4,736,000USD
    Net Borrowings-3,000USD-2,000USD-3,000USD-2,000USD-3,000USD-3,000USD-3,000USD—
    Total Cash From Financing Activities417,000USD12,091,000USD32,012,062USD161,000USD91,000USD120,000USD123,000USD11,752,000USD
    Change In Cash-10,779,000USD12,321,000USD-783,000USD1,520,000USD-436,000USD-1,109,000USD-9,932,000USD11,969,000USD
    Begin Period Cash Flow15,647,000USD3,326,000USD4,109,000USD2,589,000USD3,025,000USD4,134,000USD14,066,000USD2,097,000USD
    End Period Cash Flow4,868,000USD15,647,000USD3,326,000USD4,109,000USD2,589,000USD3,025,000USD4,134,000USD14,066,000USD
    Other Cashflows From Financing Activities417,000USD458,185USD-462,938USD163,000USD94,000USD123,000USD126,000USD11,754,000USD
    Issuance Of Capital Stock—11,755,000USD31,527,000USD——0USD0USD—
    Unclassified Operating Cash Flow——-1,015,998USD—————
    Other Cashflows From Investing Activities—————-439USD0USD—
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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-32,766,000USD-24,444,000USD-19,381,000USD-13,676,000USD-13,592,000USD-12,292,000USD-10,649,000USD-5,734,000USD
    Depreciation-899,000USD39,000USD30,000USD25,000USD24,000USD21,000USD21,000USD15,000USD
    Stock Based Compensation3,846,000USD2,085,000USD1,683,000USD1,502,000USD1,558,000USD1,843,000USD1,164,000USD620,000USD
    Other Non Cash Items82,000USD-1,268,000USD-1,153,000USD53,000USD219,000USD48,000USD-25,000USD39,000USD
    Change To Account Receivables-22,000USD133,000USD-287,000USD48,000USD210,000USD483,000USD-43,000USD-700,000USD
    Change In Working Capital675,000USD1,512,000USD93,000USD585,000USD-461,000USD1,195,000USD387,000USD-636,000USD
    Total Cash From Operating Activities-29,062,000USD-22,076,000USD-18,728,000USD-11,511,000USD-12,252,000USD-9,185,000USD-9,102,000USD-5,696,000USD
    Capital Expenditures-40,000USD-25,000USD-24,000USD-81,000USD-22,000USD-47,000USD-2,000USD-50,000USD
    Free Cash Flow-29,102,000USD-22,101,000USD-18,752,000USD-11,592,000USD-12,274,000USD-9,232,000USD-9,104,000USD-5,746,000USD
    Investments-2,152,000USD8,564,000USD-19,699,000USD11,538,000USD-20,517,000USD-16,103,000USD-3,919,000USD-50,000USD
    Total Cashflows From Investing Activities-2,192,000USD8,564,000USD-18,299,000USD11,538,000USD-20,537,000USD-16,134,000USD-3,908,000USD-50,000USD
    Net Borrowings-10,000USD-9,000USD-6,000USD-6,000USD-6,000USD-5,000USD-5,000USD-5,000USD
    Total Cash From Financing Activities43,876,000USD11,994,000USD36,842,000USD-6,000USD30,087,000USD28,845,000USD70,000USD21,216,000USD
    Issuance Of Capital Stock43,282,000USD11,747,000USD36,848,000USD-18,000USD29,849,000USD28,805,000USD7,682,000USD20,566,000USD
    Change In Cash12,622,000USD-1,518,000USD-185,000USD21,000USD-2,702,000USD3,526,000USD-12,940,000USD15,470,000USD
    Begin Period Cash Flow3,025,000USD4,543,000USD4,728,000USD4,707,000USD7,409,000USD3,883,000USD16,823,000USD1,353,000USD
    End Period Cash Flow15,647,000USD3,025,000USD4,543,000USD4,728,000USD4,707,000USD7,409,000USD3,883,000USD16,823,000USD
    Other Cashflows From Financing Activities-400,000USD256,000USD-18,299,000USD0USD244,000USD45,000USD75,000USD650,000USD
    Unclassified Financing Cash Flow1,004,000USD—18,299,000USD—————
    Unclassified Investing Cash Flow——1,424,000USD—————
    Change To Inventory———-48,000USD-210,000USD-483,000USD—-372,000USD
    Change To Liabilities———0USD-590,000USD651,000USD-75,000USD372,000USD
    Other Cashflows From Investing Activities———11,619USD2,000USD16,000USD13,000USD0USD
    Sale Purchase Of Stock—————28,850,161USD75,000USD21,216,000USD
    Cash And Cash Equivalents Changes—————3,526,000USD-12,940,000USD15,470,000USD
    Dividends Paid———————0USD
    Exchange Rate Changes———————0USD
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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.