marketcaparena

GALT

GALECTIN THERAPEUTICS INC

Company overview

Market capitalization
$396.34M
Employees
9
Latest publication
2026-09-29
About GALECTIN THERAPEUTICS INC

Galectin Therapeutics Inc., a clinical stage biopharmaceutical company, engages in drug development to create new therapies for fibrotic disease and cancer. The company's lead product candidate is belapectin (GR-MD-02), a galectin-3 inhibitor, which is in a Phase 2 clinical study in MASH patients with advanced fibrosis and a second Phase 2b clinical trial in MASH patients with compensated cirrhosis and portal hypertension. It has a joint venture co-owned by SBH Sciences, Inc. to research and develop small organic molecule inhibitors of galectin-3 for oral administration. The company was formerly known as Pro-Pharmaceuticals, Inc. and changed its name to Galectin Therapeutics Inc. in May 2011. Galectin Therapeutics Inc. was founded in 2000 and is based in Norcross, Georgia.

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 Revenue0USD0USD0USD0USD0USD36,000USD0USD0USD
Cost Of Revenue12,000USD-12,000USD—2,000USD10,000USD10,000USD9,000USD9,000USD
Gross Profit-12,000USD12,000USD—-2,000USD-10,000USD-10,000USD-9,000USD-9,000USD
Research Development2,231,000USD1,933,000USD2,611,000USD3,261,000USD6,485,000USD11,109,000USD7,595,000USD9,813,000USD
Selling General Administrative1,846,000USD1,432,000USD1,587,000USD1,364,000USD1,412,000USD1,319,000USD1,471,000USD1,478,000USD
Total Operating Expenses4,077,000USD3,365,000USD4,198,000USD4,625,000USD7,897,000USD12,428,000USD9,066,000USD11,291,000USD
Operating Income-4,077,000USD-3,365,000USD-4,198,000USD-4,625,000USD-7,897,000USD-12,428,000USD-9,066,000USD-11,291,000USD
Interest Income36,000USD25,000USD39,000USD26,000USD35,000USD84,000USD93,000USD80,000USD
Interest Expense1,988,000USD1,939,000USD1,820,000USD1,826,000USD1,744,000USD1,725,000USD1,494,000USD1,269,000USD
Net Interest Income-1,952,000USD-1,914,000USD-1,781,000USD-1,800,000USD-1,709,000USD-1,641,000USD-1,401,000USD-1,189,000USD
Income Before Tax-5,046,000USD-5,500,000USD-8,184,000USD-7,521,000USD-9,631,000USD-11,967,000USD-11,220,000USD-12,371,000USD
Net Income-5,046,000USD-5,500,000USD-8,184,000USD-7,521,000USD-9,631,000USD-11,967,000USD-11,220,000USD-12,371,000USD
Net Income From Continuing Ops-5,046,000USD-5,500,000USD-8,184,000USD-7,521,000USD-9,631,000USD-11,967,000USD-11,220,000USD-12,371,000USD
Ebit-4,077,000USD-3,561,000USD—-5,695,000USD-7,887,000USD-10,242,000USD-9,726,000USD-11,102,000USD
Ebitda-4,065,000USD-3,520,000USD-6,364,000USD-5,693,000USD-7,877,000USD-10,232,000USD-9,717,000USD-11,093,000USD
Depreciation And Amortization12,000USD41,000USD—2,000USD10,000USD10,000USD9,000USD9,000USD
Reconciled Depreciation12,000USD41,000USD0USD2,000USD10,000USD10,000USD9,000USD9,000USD
Total Other Income Expense Net-969,000USD-2,135,000USD-3,986,000USD-2,896,000USD-1,734,000USD461,000USD-2,154,000USD-1,080,000USD
Selling And Marketing Expenses———————9,000USD
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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 Revenue0USD0USD0USD0USD0USD0USD0USD0USD
Research Development14,290,000USD36,571,000USD32,130,000USD31,737,000USD23,818,000USD17,976,000USD7,467,000USD6,471,000USD
Selling General Administrative5,795,000USD5,862,000USD5,942,000USD6,615,000USD6,361,000USD5,468,000USD5,971,000USD7,131,000USD
Total Operating Expenses20,085,000USD42,433,000USD38,072,000USD38,352,000USD30,179,000USD23,444,000USD13,438,000USD13,602,000USD
Operating Income-20,085,000USD-42,433,000USD-38,072,000USD-38,352,000USD-30,179,000USD-23,444,000USD-13,438,000USD-13,602,000USD
Interest Income126,000USD338,000USD186,000USD52,000USD3,000USD66,000USD231,000USD38,000USD
Interest Expense7,329,000USD5,540,000USD2,792,000USD1,033,000USD489,000USD87,000USD87,000USD336,000USD
Net Interest Income-7,203,000USD-5,202,000USD-2,067,000USD-981,000USD-486,000USD-21,000USD144,000USD-298,000USD
Income Before Tax-30,836,000USD-47,047,000USD-41,066,000USD-38,776,000USD-30,527,000USD-23,465,000USD-13,294,000USD-13,900,000USD
Net Income-30,836,000USD-47,047,000USD-41,066,000USD-38,776,000USD-30,527,000USD-23,465,000USD-13,294,000USD-13,900,000USD
Net Income From Continuing Ops-30,836,000USD-47,047,000USD-41,703,000USD-38,776,000USD-30,527,000USD-23,465,000USD-13,294,000USD-13,900,000USD
Ebit-23,507,000USD-41,507,000USD-38,274,000USD-37,743,000USD-30,038,000USD-23,378,000USD-13,207,000USD-13,565,000USD
Ebitda-23,454,000USD-41,470,000USD-38,241,000USD-37,711,000USD-29,997,000USD-23,342,000USD-13,172,000USD-13,564,000USD
Depreciation And Amortization53,000USD37,000USD33,000USD32,000USD41,000USD36,000USD35,000USD1,000USD
Reconciled Depreciation53,000USD37,000USD32,000USD32,000USD41,000USD36,000USD35,000USD0USD
Total Other Income Expense Net-10,751,000USD-4,614,000USD-2,994,000USD-424,000USD-348,000USD-21,000USD144,000USD-298,000USD
Cost Of Revenue—37,000USD33,000USD32,000USD41,000USD36,000USD35,000USD1,000USD
Gross Profit—-37,000USD-33,000USD-32,000USD-41,000USD-36,000USD-35,000USD-1,000USD
Selling And Marketing Expenses——44,000USD—————
Income Tax Expense——-2,994,000USD424,000USD448,000USD51,000USD87,000USD0USD
Net Income Applicable To Common Shares———-38,873,000USD-30,698,000USD-23,602,000USD-20,179,000USD-15,047,000USD
Non Operating Income Net Other—————66,000USD231,000USD38,000USD
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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 Assets14,826,000USD15,759,000USD19,532,000USD12,865,000USD15,602,000USD9,528,000USD17,495,000USD28,972,000USD
Cash And Equivalents13,269,000USD———————
Total Current Assets14,659,000USD15,691,000USD19,436,000USD12,729,000USD15,427,000USD9,285,000USD17,252,000USD28,666,000USD
Other Current Assets1,390,000USD1,580,000USD1,716,000USD1,204,000USD1,656,000USD1,854,000USD2,132,000USD1,606,000USD
Other Non Current Assets167,000USD———————
Total Liabilities151,678,000USD———————
Total Current Liabilities151,619,000USD7,307,000USD8,030,000USD136,445,000USD10,774,000USD110,840,000USD35,409,000USD25,258,000USD
Other Current Liabilities3,993,000USD———————
Other Non Current Liabilities59,000USD———————
Total Stockholder Equity-138,575,000USD-130,237,000USD-126,195,000USD-125,303,000USD-117,167,000USD-112,261,000USD-103,070,000USD-92,481,000USD
Total Equity Including Noncontrolling Interest-136,852,000USD———————
Property Plant Equipment Net118,000USD—0USD———0USD—
Accounts Payable3,727,000USD3,121,000USD3,245,000USD5,390,000USD5,865,000USD6,534,000USD5,656,000USD2,795,000USD
Short Term Debt59,000USD6,000USD22,000USD122,312,000USD52,000USD97,174,000USD21,136,000USD10,550,000USD
Common Stock66,000USD65,000USD65,000USD64,000USD63,000USD63,000USD62,000USD62,000USD
Retained Earnings-446,788,000USD-437,613,000USD-432,546,000USD-426,984,000USD-418,761,000USD-411,177,000USD-401,572,000USD-389,542,000USD
Total Liab—145,996,000USD145,727,000USD138,168,000USD132,769,000USD121,789,000USD120,565,000USD121,453,000USD
Other Current Liab—4,180,000USD4,763,000USD8,743,000USD4,857,000USD7,132,000USD8,617,000USD11,913,000USD
Capital Stock—2,268,000USD2,278,000USD554,000USD2,276,000USD2,286,000USD2,285,000USD2,285,000USD
Cash—14,111,000USD17,720,000USD11,525,000USD13,771,000USD7,431,000USD15,120,000USD27,060,000USD
Cash And Short Term Investments—14,111,000USD17,720,000USD11,525,000USD13,771,000USD7,431,000USD15,120,000USD27,060,000USD
Net Debt—121,599,000USD116,015,000USD110,787,000USD106,739,000USD100,556,000USD91,125,000USD77,526,000USD
Short Long Term Debt Total—135,710,000USD133,735,000USD122,312,000USD120,510,000USD107,987,000USD106,245,000USD104,586,000USD
Long Term Debt—135,710,000USD133,735,000USD—120,458,000USD10,813,000USD85,109,000USD94,036,000USD
Common Stock Shares Outstanding—65,782,000shares63,903,000shares64,205,000shares63,447,000shares63,204,000shares62,739,795shares62,278,000shares
Non Current Assets Total—68,000USD96,000USD136,000USD175,000USD243,000USD243,000USD306,000USD
Non Current Liabilities Total—138,689,000USD137,697,000USD1,723,000USD121,995,000USD10,949,000USD85,156,000USD96,195,000USD
Non Currrent Assets Other—68,000USD96,000USD136,000USD175,000USD243,000USD243,000USD306,000USD
Net Working Capital—8,384,000USD11,406,000USD-123,716,000USD4,653,000USD-101,555,000USD-18,157,000USD3,408,000USD
Unclassified Non Current Liabilities—2,979,000USD3,962,000USD1,723,000USD1,537,000USD——2,159,000USD
Unclassified Equity—305,043,000USD304,008,000USD301,063,000USD299,255,000USD296,567,000USD296,155,000USD294,714,000USD
Property Plant Equipment Gross——74,000USD———74,000USD—
Short Long Term Debt———122,275,000USD—97,106,000USD21,117,000USD10,518,000USD
Unclassified Current Liabilities———-122,275,000USD—-97,106,000USD-21,117,000USD-10,518,000USD
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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 Assets19,532,000USD17,495,000USD28,200,000USD21,285,000USD41,827,000USD29,600,000USD48,467,000USD9,006,000USD
Other Current Assets1,716,000USD2,132,000USD2,050,000USD1,960,000USD2,172,000USD2,323,000USD729,000USD1,152,000USD
Total Liab145,727,000USD120,565,000USD88,441,000USD53,479,000USD39,211,000USD5,407,000USD2,872,000USD2,108,000USD
Total Stockholder Equity-126,195,000USD-103,070,000USD-60,241,000USD-32,194,000USD2,616,000USD24,193,000USD45,595,000USD6,898,000USD
Other Current Liab4,763,000USD8,617,000USD9,199,000USD9,082,000USD7,220,000USD4,063,000USD1,120,000USD1,811,000USD
Common Stock65,000USD62,000USD61,000USD59,000USD59,000USD56,000USD56,000USD41,000USD
Capital Stock2,278,000USD2,285,000USD2,284,000USD2,292,000USD2,309,000USD2,306,000USD2,316,000USD8,983,000USD
Retained Earnings-432,546,000USD-401,572,000USD-354,372,000USD-309,567,000USD-270,694,000USD-239,996,000USD-216,394,000USD-196,215,000USD
Cash17,720,000USD15,120,000USD25,660,000USD18,592,000USD39,648,000USD27,142,000USD47,480,000USD8,253,000USD
Cash And Short Term Investments17,720,000USD15,120,000USD25,660,000USD18,592,000USD39,648,000USD27,142,000USD47,480,000USD8,253,000USD
Total Current Assets19,436,000USD17,252,000USD27,710,000USD20,552,000USD41,820,000USD29,465,000USD48,209,000USD8,832,000USD
Total Current Liabilities8,030,000USD35,409,000USD15,676,000USD13,012,000USD9,033,000USD5,399,000USD2,820,000USD2,108,000USD
Net Debt116,015,000USD91,125,000USD46,147,000USD21,276,000USD-10,592,000USD-27,098,000USD-47,441,000USD-8,253,000USD
Short Term Debt22,000USD21,136,000USD46,000USD40,000USD8,000USD44,000USD39,000USD—
Short Long Term Debt Total133,735,000USD106,245,000USD71,807,000USD39,868,000USD29,056,000USD44,000USD39,000USD—
Long Term Debt133,735,000USD85,109,000USD71,741,000USD39,828,000USD29,048,000USD———
Accounts Payable3,245,000USD5,656,000USD6,431,000USD3,890,000USD1,805,000USD1,292,000USD1,661,000USD297,000USD
Property Plant Equipment Net0USD0USD53,000USD733,000USD7,000USD135,000USD258,000USD174,000USD
Property Plant Equipment Gross74,000USD74,000USD74,000USD807,000USD81,000USD209,000USD332,000USD—
Common Stock Shares Outstanding63,903,000shares62,309,000shares60,159,000shares59,391,000shares58,527,000shares57,029,000shares52,238,000shares39,414,000shares
Non Current Assets Total96,000USD243,000USD490,000USD733,000USD7,000USD135,000USD258,000USD174,000USD
Non Current Liabilities Total137,697,000USD85,156,000USD72,765,000USD40,467,000USD30,178,000USD8,000USD52,000USD0USD
Non Currrent Assets Other96,000USD243,000USD437,000USD733,000USD7,000USD135,000USD258,000USD174,000USD
Net Working Capital11,406,000USD-18,157,000USD12,034,000USD7,540,000USD32,787,000USD24,066,000USD45,389,000USD6,724,000USD
Unclassified Non Current Liabilities3,962,000USD—1,004,000USD—1,130,000USD———
Unclassified Equity304,008,000USD296,155,000USD291,786,000USD275,022,000USD270,942,000USD261,827,000USD259,691,000USD194,163,000USD
Current Deferred Revenue—-6,681,000USD63,000USD—————
Short Long Term Debt—21,117,000USD——————
Unclassified Current Liabilities—-21,117,000USD——————
Other Assets——1USD733,000USD—135,000USD0USD174,000USD
Accumulated Other Comprehensive Income——0USD—0USD0USD-74,000USD-74,000USD
Non Current Liabilities Other——20,000USD66,000USD—8,000USD52,000USD—
Other Liab———66,000USD—8,000USD52,000USD—
Net Tangible Assets———-34,427,000USD366,000USD21,943,000USD45,058,000USD-321,000USD
Unclassified Non Current Assets———-1,466,000USD————
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Stock Based Compensation1,649,000USD
Change To Liabilities-190,000USD
Change In Working Capital24,000USD
Operating Cash Flow-6,305,000USD
Financing Cash Flow1,854,000USD
Change In Cash-4,451,000USD
End Cash Flow13,269,000USD
SourceDisclosureDeterministicFinal

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-5,046,000USD-5,500,000USD-8,184,000USD-7,521,000USD-9,631,000USD-11,967,000USD-11,220,000USD-12,371,000USD
Depreciation12,000USD41,000USD0USD2,000USD10,000USD10,000USD9,000USD9,000USD
Stock Based Compensation686,000USD195,000USD496,000USD500,000USD468,000USD590,000USD515,000USD738,000USD
Other Non Cash Items-827,000USD403,000USD2,420,000USD1,445,000USD372,000USD-1,750,000USD1,045,000USD141,000USD
Change In Working Capital1,309,000USD-1,181,000USD1,726,000USD-1,028,000USD1,092,000USD326,000USD1,113,000USD3,150,000USD
Total Cash From Operating Activities-3,866,000USD-6,042,000USD-3,542,000USD-6,602,000USD-7,689,000USD-12,791,000USD-8,538,000USD-8,333,000USD
Capital Expenditures0USD0USD0USD0USD0USD0USD0USD0USD
Free Cash Flow-3,866,000USD-6,042,000USD-3,542,000USD-6,602,000USD-7,689,000USD-12,791,000USD-8,538,000USD-8,333,000USD
Total Cash From Financing Activities257,000USD12,237,000USD1,296,000USD12,942,000USD0USD851,000USD10,000,000USD10,376,000USD
Dividends Paid-61,000USD-62,000USD-14,000USD—-62,000USD-73,000USD-18,000USD—
Change In Cash-3,609,000USD6,195,000USD-2,246,000USD6,340,000USD-7,689,000USD-11,940,000USD1,462,000USD2,043,000USD
Begin Period Cash Flow17,720,000USD11,525,000USD13,771,000USD7,431,000USD15,120,000USD27,060,000USD25,598,000USD23,555,000USD
End Period Cash Flow14,111,000USD17,720,000USD11,525,000USD13,771,000USD7,431,000USD15,120,000USD27,060,000USD25,598,000USD
Other Cashflows From Financing Activities61,000USD62,000USD443,000USD—62,000USD73,000USD18,000USD376,000USD
Net Borrowings—10,000,000USD0USD11,000,000USD0USD0USD10,000,000USD—
Sale Purchase Of Stock—219,000USD213,000USD———568,000USD—
Issuance Of Capital Stock—1,164,000USD853,000USD———0USD—
Unclassified Financing Cash Flow—2,018,000USD—1,942,000USD———10,000,000USD
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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-30,836,000USD-47,047,000USD-41,066,000USD-38,776,000USD-30,527,000USD-23,465,000USD-13,294,000USD-13,900,000USD
Depreciation53,000USD37,000USD33,000USD32,000USD41,000USD36,000USD35,000USD1,000USD
Stock Based Compensation1,659,000USD2,447,000USD2,261,000USD2,867,000USD2,076,000USD1,799,000USD1,683,000USD4,445,000USD
Other Non Cash Items4,640,000USD512,000USD1,129,000USD-147,000USD489,000USD87,000USD87,000USD348,000USD
Change In Working Capital609,000USD2,284,000USD4,678,000USD4,968,000USD3,751,000USD942,000USD641,000USD-1,072,000USD
Total Cash From Operating Activities-23,875,000USD-41,767,000USD-32,965,000USD-31,056,000USD-24,308,000USD-20,601,000USD-10,848,000USD-10,179,000USD
Capital Expenditures0USD0USD0USD0USD0USD0USD0USD0USD
Free Cash Flow-23,875,000USD-41,767,000USD-32,965,000USD-31,056,000USD-24,308,000USD-20,601,000USD-10,848,000USD-10,179,000USD
Net Borrowings21,000,000USD30,000,000USD30,000,000USD10,000,000USD30,000,000USD30,000,000USD30,000,000USD30,000,000USD
Total Cash From Financing Activities26,475,000USD31,227,000USD40,033,000USD10,000,000USD36,814,000USD263,000USD50,075,000USD15,379,000USD
Dividends Paid-138,000USD-91,000USD-120,000USD-97,000USD-171,000USD-137,000USD-394,000USD-915,000USD
Sale Purchase Of Stock667,000USD845,000USD671,000USD899,000USD-30,000,000USD263,000USD50,469,000USD15,379,000USD
Issuance Of Capital Stock3,235,000USD0USD—-1,000USD6,814,000USD263,000USD50,469,000USD15,379,000USD
Change In Cash2,600,000USD-10,540,000USD7,068,000USD-21,056,000USD12,506,000USD-20,338,000USD39,227,000USD5,200,000USD
Begin Period Cash Flow15,120,000USD25,660,000USD18,592,000USD39,648,000USD27,142,000USD47,480,000USD8,253,000USD3,053,000USD
End Period Cash Flow17,720,000USD15,120,000USD25,660,000USD18,592,000USD39,648,000USD27,142,000USD47,480,000USD8,253,000USD
Other Cashflows From Financing Activities138,000USD91,000USD10,033,000USD8,299,000USD30,171,000USD137,000USD-394,000USD915,000USD
Unclassified Financing Cash Flow4,808,000USD——-9,101,000USD6,814,000USD-30,000,000USD-29,606,000USD-30,000,000USD
Investments—0USD0USD0USD0USD0USD0USD0USD
Change To Liabilities———4,244,000USD3,686,000USD2,536,000USD997,000USD-1,091,000USD
Cash And Cash Equivalents Changes—————-20,338,000USD39,227,000USD5,200,000USD
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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.