IKT
Inhibikase Therapeutics, Inc.
Company overview
- Market capitalization
- $286.05M
- Employees
- 35
- Latest publication
- 2026-09-29
About Inhibikase Therapeutics, Inc.
Inhibikase Therapeutics, Inc. operates as a clinical-stage pharmaceutical company that develops therapeutics to modify the course of cardiopulmonary diseases, with a primary focus on pulmonary arterial hypertension (PAH), a progressive, life-threatening disease characterized by pulmonary vascular remodeling and elevated pulmonary vascular resistance. It offers IKT-001, a novel oral prodrug of imatinib mesylate designed for the treatment of pulmonary arterial hypertension (PAH) was designed to improve areas of the molecule that might play a role in the gastrointestinal side effects associated with imatinib, while maintaining systemic exposure and efficacy through oral administration. The company has completed non-human primate safety studies and a bioequivalence clinical study in healthy volunteers, establishing dose equivalence with imatinib. IKT-001 is currently being evaluated in a global, adaptive Phase 3 clinical trial (IMPROVE-PAH), with endpoints including pulmonary vascular resistance and 6-minute walk distance. Inhibikase Therapeutics, Inc. entered into a collaborative research and development agreement with Sphaera Pharma Pte. Ltd., which was subsequently assigned to Pivot Holding LLC, for prodrug technology development and maintains an exclusive license for IKT-001. The company was founded in 2008 and is headquartered in Wilmington, Delaware.
Financial statements
Income 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 Revenue | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 26,274USD | 0USD |
| Cost Of Revenue | 0USD | — | 36,811USD | 23,688USD | 24,157USD | 12,654USD | 6,567USD | 6,568USD |
| Gross Profit | 0USD | — | -36,811USD | -23,688USD | -24,157USD | -12,654USD | -6,567USD | -6,568USD |
| Research Development | 13,393,464USD | 10,839,150USD | 6,358,903USD | 7,649,697USD | 5,270,967USD | 10,513,579USD | 7,186,999USD | 4,189,873USD |
| Selling General Administrative | 7,657,531USD | 7,376,123USD | 6,774,554USD | 5,611,503USD | 5,919,731USD | 5,249,291USD | 5,735,134USD | 1,637,603USD |
| Total Operating Expenses | 21,050,995USD | 18,215,273USD | 13,775,626USD | 12,768,373USD | 10,832,278USD | 14,598,006USD | 12,922,133USD | 5,827,476USD |
| Operating Income | -21,050,995USD | -18,215,273USD | -13,775,626USD | -12,768,373USD | -10,832,278USD | -14,598,006USD | -12,928,700USD | -5,827,476USD |
| Total Other Income Expense Net | 1,459,764USD | 1,834,433USD | 1,040,975USD | 838,093USD | 916,755USD | 919,271USD | 796,123USD | 49,410USD |
| Net Interest Income | 1,459,764USD | — | 1,040,975USD | 838,093USD | 916,755USD | 919,271USD | 796,123USD | 49,410USD |
| Income Before Tax | -19,591,231USD | -16,380,840USD | -12,734,651USD | -11,930,280USD | -9,915,523USD | -13,678,735USD | -12,132,577USD | -5,778,066USD |
| Income Tax Expense | 0USD | — | — | — | — | — | — | — |
| Net Income | -19,591,231USD | -16,380,840USD | -12,734,651USD | -11,930,280USD | -9,915,523USD | -13,678,735USD | -12,132,577USD | -5,778,066USD |
| Net Income From Continuing Ops | — | -16,380,840USD | -12,734,651USD | -11,930,280USD | -9,915,523USD | -13,678,735USD | -12,132,577USD | -5,778,066USD |
| Ebitda | — | -18,215,273USD | -13,133,457USD | -13,237,513USD | -11,166,540USD | -15,750,216USD | -12,126,010USD | -5,820,908USD |
| Reconciled Depreciation | — | 0USD | 0USD | 23,687USD | 24,158USD | 12,654USD | 6,567USD | 6,568USD |
| Interest Income | — | — | 1,040,975USD | 838,093USD | 916,755USD | 919,271USD | 796,123USD | 49,410USD |
| Ebit | — | — | — | -13,261,200USD | -11,190,698USD | -15,762,870USD | -12,132,577USD | -5,827,476USD |
| Depreciation And Amortization | — | — | — | 23,687USD | 24,158USD | 12,654USD | 6,567USD | 6,568USD |
| Unclassified Operating Expenses | — | — | — | — | — | -1,164,864USD | — | — |
| Source | DisclosureDeterministicFinal | 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 | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 260,500USD | 123,440USD | 3,100,605USD | 698,468USD | 1,122,740USD | 4,040,955USD |
| Cost Of Revenue | 60,499USD | 26,272USD | 13,618,348USD | 6,723USD | 11,359,104USD | 893,802USD | 2,552,711USD | 3,647,108USD |
| Gross Profit | -60,499USD | -26,272USD | -13,357,848USD | 116,717USD | 3,100,605USD | 698,468USD | -1,429,971USD | 4,040,955USD |
| Research Development | 29,793,146USD | 17,210,548USD | 13,618,348USD | 12,034,985USD | 11,359,104USD | 893,802USD | 2,552,711USD | 3,647,108USD |
| Selling General Administrative | 23,555,079USD | 11,378,520USD | 6,675,740USD | 6,217,063USD | 6,507,641USD | 2,623,158USD | 4,268,177USD | 2,515,968USD |
| Unclassified Operating Expenses | -1,373,942USD | — | -13,562,144USD | — | -3,100,605USD | — | -1,122,740USD | -4,040,955USD |
| Total Operating Expenses | 51,974,283USD | 28,562,796USD | 6,731,944USD | 18,245,325USD | 14,766,140USD | 2,818,492USD | 5,698,148USD | 2,122,121USD |
| Operating Income | -51,974,283USD | -28,589,068USD | -20,089,792USD | -18,128,608USD | -14,766,140USD | -2,818,492USD | -5,698,148USD | -2,122,121USD |
| Interest Income | 3,715,094USD | 1,069,182USD | 891,205USD | 74,453USD | — | — | — | — |
| Net Interest Income | 3,715,094USD | 1,069,182USD | 891,205USD | 74,453USD | -19,923USD | -29,402USD | -24,835USD | -30,332USD |
| Income Before Tax | -48,259,189USD | -27,519,886USD | -19,028,883USD | -18,054,155USD | -14,786,063USD | -2,847,894USD | -5,722,983USD | -2,152,453USD |
| Net Income | -48,259,189USD | -27,519,886USD | -19,028,883USD | -18,054,155USD | -14,805,986USD | -2,877,296USD | -5,747,818USD | -2,152,453USD |
| Net Income From Continuing Ops | -48,259,189USD | -27,519,886USD | -19,129,995USD | -18,054,155USD | -14,786,063USD | -2,847,894USD | -5,722,983USD | -2,152,453USD |
| Ebit | -53,348,225USD | -27,519,886USD | -20,089,792USD | -18,054,155USD | -14,766,140USD | -2,818,492USD | -5,698,148USD | -2,122,121USD |
| Ebitda | -53,287,726USD | -27,493,614USD | -19,912,394USD | -18,047,432USD | -14,766,140USD | -2,818,492USD | -5,698,148USD | -2,122,121USD |
| Depreciation And Amortization | 60,499USD | 26,272USD | 177,398USD | 6,723USD | 14,766,140USD | 2,818,492USD | 5,698,148USD | 2,122,121USD |
| Reconciled Depreciation | 60,499USD | 26,272USD | 175,872USD | 6,723USD | 0USD | — | — | — |
| Total Other Income Expense Net | 3,715,094USD | 1,069,182USD | 1,060,909USD | 74,453USD | -19,923USD | -29,402USD | -24,835USD | -30,332USD |
| Interest Expense | — | — | 74,453USD | 74,453USD | 19,923USD | 29,402USD | 24,835USD | 30,332USD |
| Income Tax Expense | — | — | -148,906USD | -148,906USD | 19,923USD | 29,402USD | 24,835USD | -161,141USD |
| Net Income Applicable To Common Shares | — | — | — | — | -14,786,063USD | -2,847,894USD | -5,722,983USD | -2,152,453USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | 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 | 163,588,612USD | 173,332,227USD | 181,204,516USD | 79,594,541USD | 88,853,230USD | 94,281,322USD | 98,599,846USD | 4,376,875USD |
| Short Term Investments | 127,812,140USD | 120,795,235USD | 39,543,820USD | 39,052,511USD | 9,923,100USD | 19,738,900USD | 41,052,949USD | 2,330,226USD |
| Total Current Assets | 162,343,915USD | 172,176,468USD | 180,109,395USD | 78,536,628USD | 88,794,625USD | 94,164,758USD | 98,451,309USD | 4,190,103USD |
| Other Current Assets | 933,938USD | 1,807,723USD | 1,345,367USD | 1,214,411USD | 1,128,856USD | 984,467USD | 907,781USD | 946,457USD |
| Other Non Current Assets | 244,697USD | — | — | — | — | — | — | — |
| Total Liabilities | 10,260,026USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 10,260,026USD | 5,711,959USD | 8,300,837USD | 6,696,243USD | 8,799,545USD | 8,550,650USD | 3,733,566USD | 4,907,466USD |
| Other Current Liabilities | 9,268,306USD | — | — | — | — | — | — | — |
| Other Non Current Liabilities | 400,000USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | 153,328,586USD | 167,620,268USD | 172,903,679USD | 72,898,298USD | 80,053,685USD | 85,730,671USD | 94,866,280USD | -530,591USD |
| Total Equity Including Noncontrolling Interest | 153,328,586USD | — | — | — | — | — | — | — |
| Accounts Payable | 991,720USD | 1,587,305USD | 1,158,054USD | 620,528USD | 2,703,554USD | 1,692,051USD | 943,019USD | 2,529,220USD |
| Common Stock | 132,032USD | 132,032USD | 131,691USD | 74,808USD | 74,516USD | 74,341USD | 69,362USD | 7,464USD |
| Retained Earnings | -178,651,871USD | -159,060,640USD | -142,679,800USD | -129,945,000USD | -118,014,000USD | -108,099,000USD | -94,420,610USD | -82,288,034USD |
| Accumulated Other Comprehensive Income | -72,754USD | -26,293USD | 21,802USD | -4,189USD | -2,944USD | -967USD | -37,248USD | 1,754USD |
| Total Liab | — | 5,711,959USD | 8,300,837USD | 6,696,243USD | 8,799,545USD | 8,550,650USD | 3,733,566USD | 4,907,466USD |
| Other Current Liab | — | 4,124,654USD | 7,142,783USD | 6,075,715USD | 6,058,047USD | 6,783,827USD | 2,680,030USD | 2,161,374USD |
| Capital Stock | — | 132,032USD | 131,691USD | 74,808USD | 74,516USD | 74,341USD | 69,362USD | 7,464USD |
| Cash | — | 49,573,510USD | 139,220,208USD | 38,269,706USD | 77,742,669USD | 73,441,390USD | 56,490,579USD | 913,420USD |
| Cash And Short Term Investments | — | 170,368,745USD | 178,764,028USD | 77,322,216USD | 87,665,769USD | 93,180,291USD | 97,543,527USD | 3,243,646USD |
| Net Debt | — | -49,573,510USD | -139,220,208USD | -38,269,706USD | -77,704,725USD | -73,366,618USD | -56,380,062USD | -696,548USD |
| Common Stock Shares Outstanding | — | 98,310,190shares | 98,310,190shares | 90,050,973shares | 90,009,625shares | 89,537,171shares | 69,362,439shares | 8,882,570shares |
| Non Current Assets Total | — | 1,155,759USD | 1,095,121USD | 1,057,913USD | 58,605USD | 116,564USD | 148,537USD | 186,772USD |
| Non Current Liabilities Total | — | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD |
| Non Currrent Assets Other | — | 1,155,759USD | 1,095,121USD | 1,057,913USD | 0USD | 0USD | 0USD | 0USD |
| Net Working Capital | — | 166,464,509USD | 171,808,558USD | 71,840,385USD | 79,995,080USD | 85,614,108USD | 94,717,743USD | -717,363USD |
| Unclassified Equity | — | 326,443,137USD | 315,298,295USD | 202,697,871USD | 197,921,597USD | 193,681,956USD | 189,185,414USD | 81,740,761USD |
| Property Plant Equipment Net | — | — | 0USD | 0USD | 58,605USD | 116,564USD | 148,537USD | 186,772USD |
| Property Plant Equipment Gross | — | — | 0USD | 117,224USD | 152,142USD | 185,943USD | 205,262USD | 236,930USD |
| Short Term Debt | — | — | — | — | 37,944USD | 74,772USD | 110,517USD | 216,872USD |
| Short Long Term Debt Total | — | — | — | — | 37,944USD | 74,772USD | 110,517USD | 216,872USD |
| 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 | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 181,204,516USD | 98,599,846USD | 14,506,647USD | 24,936,297USD | 42,469,999USD | 14,782,706USD | 38,254USD | 2,846,446USD |
| Other Current Assets | 1,345,367USD | 907,781USD | 958,996USD | 1,281,068USD | 1,609,725USD | 829,193USD | 16,924USD | 399,086USD |
| Total Liab | 8,300,837USD | 3,733,566USD | 3,528,725USD | 3,900,896USD | 4,054,450USD | 4,998,350USD | 4,528,270USD | 3,624,411USD |
| Total Stockholder Equity | 172,903,679USD | 94,866,280USD | 10,977,922USD | 21,035,401USD | 38,415,549USD | 9,784,356USD | -4,490,016USD | -777,965USD |
| Other Current Liab | 7,142,783USD | 2,680,030USD | 2,259,955USD | 2,398,436USD | 2,715,761USD | 632,934USD | 1,724,141USD | 2,174,076USD |
| Common Stock | 131,691USD | 69,362USD | 6,186USD | 4,224USD | 25,155USD | 10,051USD | 8,181USD | 8,181USD |
| Capital Stock | 131,691USD | 69,362USD | 6,186USD | 25,227USD | 25,155USD | 10,051USD | 8,181USD | 8,181USD |
| Retained Earnings | -142,679,800USD | -94,420,610USD | -66,900,724USD | -47,871,842USD | -29,817,686USD | -15,031,624USD | -12,183,730USD | -6,460,747USD |
| Cash | 139,220,208USD | 56,490,579USD | 9,165,179USD | 7,188,553USD | 40,750,133USD | 13,953,513USD | 18,457USD | 379,557USD |
| Cash And Short Term Investments | 178,764,028USD | 97,543,527USD | 13,252,052USD | 23,050,173USD | 40,750,133USD | 13,953,513USD | 18,457USD | 379,557USD |
| Total Current Assets | 180,109,395USD | 98,451,309USD | 14,211,048USD | 24,371,122USD | 42,469,999USD | 14,782,706USD | 35,381USD | 1,251,584USD |
| Total Current Liabilities | 8,300,837USD | 3,733,566USD | 3,438,601USD | 3,695,445USD | 4,054,450USD | 4,721,889USD | 4,252,895USD | 3,624,411USD |
| Net Debt | -139,220,208USD | -56,380,062USD | -8,543,176USD | -6,837,266USD | -40,501,222USD | -13,634,518USD | 355,337USD | -145,828USD |
| Short Term Investments | 39,543,820USD | 41,052,949USD | 4,086,872USD | 15,861,620USD | 0USD | — | — | — |
| Accounts Payable | 1,158,054USD | 943,019USD | 646,767USD | 1,151,173USD | 1,089,778USD | 1,720,680USD | 1,001,699USD | 954,238USD |
| Property Plant Equipment Net | 0USD | 148,537USD | 295,599USD | 565,175USD | 0USD | — | — | — |
| Property Plant Equipment Gross | 0USD | 205,262USD | 326,052USD | 571,898USD | 0USD | — | — | — |
| Accumulated Other Comprehensive Income | 21,802USD | -37,248USD | 877USD | 104,718USD | 0USD | 0USD | — | — |
| Common Stock Shares Outstanding | 98,310,190shares | 69,362,439shares | 5,333,096shares | 4,201,954shares | 3,034,866shares | 1,675,141shares | 1,720,141shares | 1,335,657shares |
| Non Current Assets Total | 1,095,121USD | 148,537USD | 295,599USD | 565,175USD | 0USD | 0USD | 2,873USD | 1,594,862USD |
| Non Current Liabilities Total | 0USD | 0USD | 90,124USD | 205,451USD | 0USD | 276,461USD | 275,375USD | 1,450,335USD |
| Non Currrent Assets Other | 1,095,121USD | 0USD | 0USD | 15,845,758USD | — | — | 2,873USD | 1,594,862USD |
| Net Working Capital | 171,808,558USD | 94,717,743USD | 10,772,447USD | 20,675,677USD | 38,415,549USD | 10,060,817USD | -4,217,514USD | -2,372,827USD |
| Unclassified Equity | 315,298,295USD | 189,185,414USD | 77,865,397USD | 68,773,074USD | 68,182,925USD | 24,795,878USD | 7,677,352USD | 5,666,420USD |
| Short Term Debt | — | 110,517USD | 531,879USD | 145,836USD | 248,911USD | 42,534USD | 98,419USD | 233,729USD |
| Short Long Term Debt Total | — | 110,517USD | 622,003USD | 351,287USD | 248,911USD | 318,995USD | 373,794USD | 233,729USD |
| Other Assets | — | — | 1USD | — | 1,609,725USD | 829,193USD | 2,873USD | 1,594,862USD |
| Net Receivables | — | — | 39,881USD | 39,881USD | 110,141USD | 0USD | — | 472,941USD |
| Inventory | — | — | 1,117,616USD | 1,117,616USD | 107,000USD | — | — | — |
| Unclassified Current Assets | — | — | -1,157,496USD | -1,117,616USD | — | — | — | — |
| Unclassified Non Current Assets | — | — | — | -15,845,758USD | -1,609,725USD | — | — | -1,594,862USD |
| Short Long Term Debt | — | — | — | — | 248,911USD | 42,534USD | 98,419USD | 233,729USD |
| Net Tangible Assets | — | — | — | — | 38,415,549USD | 9,784,356USD | -4,490,016USD | -777,965USD |
| Current Deferred Revenue | — | — | — | — | — | 2,325,741USD | 1,428,636USD | 262,368USD |
| Long Term Debt | — | — | — | — | — | 276,461USD | 275,375USD | — |
| Deferred Long Term Liab | — | — | — | — | — | — | 2,873USD | 1,594,862USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
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 | -16,380,840USD | -12,734,651USD | -11,930,280USD | -9,915,523USD | -13,678,735USD | -12,132,577USD | -5,778,066USD | -4,959,608USD |
| Depreciation | 0USD | 0USD | 23,688USD | 24,158USD | 12,654USD | 6,567USD | 6,568USD | 6,569USD |
| Stock Based Compensation | 5,559,766USD | 4,533,780USD | 4,525,206USD | 4,208,742USD | 2,042,196USD | 7,908,462USD | 148,024USD | 30,697USD |
| Other Non Cash Items | 4,371,489USD | 275,697USD | 3,461,875USD | -358,420USD | 6,192,430USD | -1,128,027USD | 1,332,957USD | 30,697USD |
| Change In Working Capital | -50,371USD | 409,201USD | -2,148,013USD | 466,812USD | 1,327,925USD | -1,128,027USD | 742,374USD | -132,032USD |
| Total Cash From Operating Activities | -12,059,722USD | -7,515,973USD | -10,592,730USD | -5,574,231USD | -4,103,530USD | -5,345,575USD | -4,881,100USD | -5,054,374USD |
| Capital Expenditures | 0USD | -452,023USD | -452,023USD | 0USD | -13,399USD | 0USD | -4USD | -4USD |
| Free Cash Flow | -12,059,720USD | -7,967,996USD | -10,592,730USD | -5,574,231USD | -4,103,530USD | -5,345,575USD | -4,881,100USD | -5,054,374USD |
| Investments | -80,484,587USD | -98,847USD | -28,746,103USD | 9,843,738USD | 21,054,342USD | -38,761,725USD | 2,526,111USD | 2,543,227USD |
| Total Cashflows From Investing Activities | -80,484,587USD | -98,847USD | -28,746,103USD | 9,843,738USD | 21,054,342USD | -38,761,725USD | 2,526,111USD | 2,543,227USD |
| Total Cash From Financing Activities | 2,897,611USD | 108,565,322USD | -134,130USD | 31,771USD | 0USD | 99,684,459USD | 181,954USD | 3,244,256USD |
| Issuance Of Capital Stock | 2,897,611USD | 107,617,345USD | 0USD | 150USD | 0USD | 99,684,459USD | 181,954USD | 3,213,648USD |
| Change In Cash | -89,646,698USD | 100,950,502USD | -39,472,963USD | 4,301,278USD | 16,950,812USD | 55,577,159USD | -2,173,035USD | 733,109USD |
| Begin Period Cash Flow | 139,220,208USD | 38,269,706USD | 77,742,669USD | 73,441,391USD | 56,490,579USD | 913,420USD | 3,086,455USD | 2,353,346USD |
| End Period Cash Flow | 49,573,510USD | 139,220,208USD | 38,269,706USD | 77,742,669USD | 73,441,391USD | 56,490,579USD | 913,420USD | 3,086,455USD |
| Other Cashflows From Financing Activities | 2,897,611USD | 385,062USD | -385,062USD | 31,621USD | — | — | 2,526,111USD | 30,608USD |
| Unclassified Operating Cash Flow | -5,559,766USD | — | -4,525,206USD | — | — | 1,128,027USD | -1,332,957USD | — |
| Unclassified Financing Cash Flow | -2,897,611USD | — | — | — | — | — | -2,526,111USD | — |
| Other Cashflows From Investing Activities | — | 452,023USD | -452,023USD | — | -452,023USD | — | — | — |
| Change To Account Receivables | — | — | — | — | — | 0USD | 0USD | 0USD |
| 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 | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -48,259,189USD | -27,519,886USD | -19,028,883USD | -18,054,155USD | -14,786,063USD | -2,847,894USD | -5,722,983USD | -2,152,453USD |
| Depreciation | 60,499USD | 26,272USD | 177,398USD | 6,723USD | 0USD | — | — | — |
| Stock Based Compensation | 15,309,924USD | 8,140,617USD | 500,148USD | 458,147USD | 1,531,876USD | 573,695USD | 1,436,608USD | 642,231USD |
| Other Non Cash Items | 5,046,377USD | 204,930USD | 31,536USD | 67,000USD | 721,625USD | 1,609,481USD | 2,316,313USD | 709,272USD |
| Change In Working Capital | 55,925USD | 204,930USD | 234,758USD | 171,182USD | -1,764,489USD | -464,637USD | 1,631,772USD | 1,515,937USD |
| Total Cash From Operating Activities | -27,786,464USD | -19,148,067USD | -18,085,043USD | -17,351,103USD | -14,297,051USD | -1,129,355USD | -338,290USD | 714,987USD |
| Capital Expenditures | -13,396USD | 0USD | -14,238USD | -243,255USD | 0USD | 0USD | 0USD | 0USD |
| Free Cash Flow | -27,786,464USD | -19,148,067USD | -18,099,281USD | -17,594,358USD | -14,297,051USD | -1,129,355USD | -338,290USD | 714,987USD |
| Investments | 2,505,153USD | -37,004,201USD | 18,735,270USD | -16,005,708USD | 0USD | — | 0USD | 87,097USD |
| Total Cashflows From Investing Activities | 2,053,130USD | -37,004,201USD | 11,656,666USD | -16,005,708USD | — | — | — | 87,097USD |
| Total Cash From Financing Activities | 108,462,963USD | 103,477,668USD | 8,405,003USD | -204,769USD | 41,093,671USD | 15,064,411USD | -22,810USD | -439,192USD |
| Issuance Of Capital Stock | 107,617,495USD | 103,477,668USD | 8,543,107USD | 8,579,023USD | 41,135,357USD | 14,791,611USD | 4,870USD | 1,181,980USD |
| Change In Cash | 82,729,629USD | 47,325,400USD | 1,976,626USD | -33,561,580USD | 26,796,620USD | 13,935,056USD | -361,100USD | 362,892USD |
| Begin Period Cash Flow | 56,490,579USD | 9,165,179USD | 7,188,553USD | 40,750,133USD | 13,953,513USD | 18,457USD | 379,557USD | 16,665USD |
| End Period Cash Flow | 139,220,208USD | 56,490,579USD | 9,165,179USD | 7,188,553USD | 40,750,133USD | 13,953,513USD | 18,457USD | 379,557USD |
| Change To Account Receivables | — | 0USD | 39,881USD | 70,258USD | -110,141USD | -110,141USD | 472,941USD | -292,161USD |
| Other Cashflows From Financing Activities | — | 103,477,668USD | -138,556USD | -204,769USD | 848USD | 545,600USD | -22,810USD | -1,594,862USD |
| Unclassified Financing Cash Flow | — | -103,477,668USD | — | -8,330,112USD | 41,290,661USD | — | — | — |
| Net Borrowings | — | — | 0USD | -248,911USD | -42,534USD | 272,800USD | -22,810USD | -26,310USD |
| Other Cashflows From Investing Activities | — | — | -243,255USD | -243,255USD | — | — | — | 87,097USD |
| Unclassified Investing Cash Flow | — | — | -6,821,111USD | — | — | — | — | — |
| Change To Inventory | — | — | — | — | 1,302,295USD | — | -54,898USD | 950,654USD |
| Change To Liabilities | — | — | — | — | -2,956,643USD | 650,034USD | 1,213,729USD | 857,444USD |
| Dividends Paid | — | — | — | — | -77,652USD | — | — | — |
| Sale Purchase Of Stock | — | — | — | — | -77,652USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | 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.