LGVN
Longeveron Inc.
Company overview
- Market capitalization
- $81.91M
- Employees
- 38
- Latest publication
- 2026-09-29
About Longeveron Inc.
Longeveron Inc., a clinical stage biotechnology company, develops cellular therapies for aging-related and life-threatening conditions in the United States. Its lead investigational product is the LOMECEL-B, an allogeneic mesenchymal stem cell formulation sourced from the bone marrow of young and healthy adult donors which is in phase 3 clinical trial to treat hypoplastic left heart syndrome; completed phase 2a clinical trial to treat Alzheimer's disease, as well as in phase 2b clinical trial to treat aging frailty. The company was incorporated in 2014 and is headquartered in Miami, Florida.
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 | 287,000USD | 398,000USD | 365,000USD | 137,000USD | 316,000USD | 381,000USD | 2,392,000USD | 773,000USD |
| Cost Of Revenue | 105,000USD | 134,000USD | 108,000USD | 12,000USD | 170,000USD | 106,000USD | — | 91,000USD |
| Gross Profit | 182,000USD | 264,000USD | 257,000USD | 125,000USD | 146,000USD | 275,000USD | 1,884,000USD | 682,000USD |
| Research Development | 3,194,000USD | 2,319,000USD | 2,720,000USD | 3,852,000USD | 2,954,000USD | 2,515,000USD | 8,137,000USD | 2,206,000USD |
| Selling General Administrative | 3,159,000USD | 2,720,000USD | 2,936,000USD | 3,583,000USD | 2,589,000USD | 2,941,000USD | — | 3,125,000USD |
| General And Administrative Expenses | 3,159,000USD | 2,720,000USD | — | 3,583,000USD | 2,589,000USD | 2,941,000USD | — | 3,125,000USD |
| Total Operating Expenses | 6,353,000USD | 5,039,000USD | 5,656,000USD | 7,435,000USD | 5,543,000USD | 5,456,000USD | 18,406,000USD | 5,331,000USD |
| Operating Income | -6,171,000USD | -4,775,000USD | -5,399,000USD | -7,310,000USD | -5,397,000USD | -5,181,000USD | — | -4,649,000USD |
| Total Other Income Expense Net | 98,000USD | 39,000USD | -45,000USD | 89,000USD | 369,000USD | 170,000USD | — | 230,000USD |
| Income Before Tax | -6,073,000USD | -4,736,000USD | -5,444,000USD | -7,221,000USD | -5,028,000USD | -5,011,000USD | — | -4,419,000USD |
| Income Tax Expense | 0USD | 0USD | — | 0USD | 0USD | 0USD | — | 0USD |
| Net Income | -6,073,000USD | -4,736,000USD | -5,444,000USD | -7,221,000USD | -5,028,000USD | -5,011,000USD | -15,973,000USD | -4,419,000USD |
| Net Income From Continuing Ops | — | — | -5,444,000USD | — | — | — | — | — |
| Ebit | — | — | -5,399,000USD | — | — | — | — | — |
| Ebitda | — | — | -5,121,000USD | — | — | — | — | — |
| Depreciation And Amortization | — | — | 278,000USD | — | — | — | — | — |
| Reconciled Depreciation | — | — | 278,000USD | — | — | — | — | — |
| Net Income Applicable To Common Shares | — | — | — | -7,221,000USD | -5,028,000USD | — | — | -4,568,000USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | Legacy providerLegacy | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosurePreliminary | DisclosureDeterministicFinal |
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 | 1,199,000USD | 2,392,000USD | 709,000USD | 1,222,000USD | 1,306,000USD | 5,629,000USD | 5,629,531USD | 2,134,775USD |
| Cost Of Revenue | 396,000USD | 508,000USD | 488,000USD | 725,000USD | 716,000USD | 3,803,000USD | 3,803,261USD | 1,454,126USD |
| Gross Profit | 803,000USD | 1,884,000USD | 221,000USD | 497,000USD | 590,000USD | 1,826,000USD | 1,826,270USD | 680,649USD |
| Research Development | 12,041,000USD | 8,137,000USD | 9,066,000USD | 9,370,000USD | 7,092,000USD | 2,674,000USD | 2,674,370USD | 3,875,842USD |
| Selling General Administrative | 12,049,000USD | 10,269,000USD | 11,401,000USD | 8,119,000USD | 10,734,000USD | 2,731,000USD | 2,731,174USD | 3,117,260USD |
| General And Administrative Expenses | 12,049,000USD | 10,269,000USD | 11,401,000USD | 8,119,000USD | 10,734,000USD | — | — | — |
| Total Operating Expenses | 24,090,000USD | 18,406,000USD | 21,250,000USD | 18,540,000USD | 18,046,000USD | 5,604,000USD | 5,604,547USD | 7,041,266USD |
| Operating Income | -23,287,000USD | -16,522,000USD | -21,029,000USD | -18,043,000USD | -17,456,000USD | -3,778,000USD | -3,778,277USD | -6,360,617USD |
| Total Other Income Expense Net | 583,000USD | 549,000USD | -384,000USD | -792,000USD | 411,000USD | 57,000USD | 57,469USD | 23,821USD |
| Income Before Tax | -22,704,000USD | -15,973,000USD | -21,413,000USD | — | — | -3,721,000USD | -3,720,808USD | -6,336,796USD |
| Income Tax Expense | 0USD | 0USD | 0USD | — | — | 70,412USD | 35,630USD | 23,821USD |
| Net Income | -22,704,000USD | -15,973,000USD | -21,413,000USD | -18,835,000USD | -17,045,000USD | -3,721,000USD | -3,720,808USD | -6,336,796USD |
| Net Income Applicable To Common Shares | -22,704,000USD | -24,623,000USD | -22,211,000USD | — | — | -3,720,808USD | -2,959,877USD | -6,336,796USD |
| Selling And Marketing Expenses | — | — | 783,000USD | 1,051,000USD | 220,000USD | 199,000USD | 199,003USD | 48,164USD |
| Interest Expense | — | — | — | 1,398,000USD | 4,000USD | 6,541USD | 169USD | 0USD |
| Labor And Related Expense | — | — | — | — | 600,000USD | — | — | — |
| Interest Income | — | — | — | — | — | 139USD | 2,937USD | 23,821USD |
| Net Interest Income | — | — | — | — | — | -6,402USD | 2,768USD | 23,821USD |
| Net Income From Continuing Ops | — | — | — | — | — | -3,720,808USD | -2,959,877USD | -6,336,796USD |
| Ebit | — | — | — | — | — | -3,714,000USD | -3,714,267USD | -6,336,796USD |
| Ebitda | — | — | — | — | — | -2,929,000USD | -2,945,431USD | -5,591,022USD |
| Depreciation And Amortization | — | — | — | — | — | 785,000USD | 768,836USD | 745,774USD |
| Reconciled Depreciation | — | — | — | — | — | 785,437USD | 768,836USD | 745,774USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | 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 | 15,487,000USD | 21,210,000USD | 10,261,000USD | 15,557,000USD | 16,749,000USD | 20,848,000USD | 25,558,000USD | 29,909,000USD |
| Cash And Equivalents | 10,077,000USD | 15,758,000USD | 4,661,000USD | 9,244,000USD | 10,334,000USD | 14,327,000USD | 19,232,000USD | 22,778,000USD |
| Total Current Assets | 11,323,000USD | 16,855,000USD | 5,451,000USD | 10,340,000USD | 11,269,000USD | 15,275,000USD | 19,624,000USD | 23,767,000USD |
| Other Current Assets | 1,181,000USD | 1,029,000USD | 686,000USD | 1,044,000USD | 904,000USD | 919,000USD | 308,000USD | 609,000USD |
| Other Non Current Assets | 12,000USD | 18,000USD | 176,000USD | 178,000USD | 200,000USD | 201,000USD | 202,000USD | 203,000USD |
| Total Liabilities | 5,085,000USD | 5,183,000USD | 4,586,000USD | 5,591,000USD | 4,093,000USD | 3,690,000USD | 3,671,000USD | 4,282,000USD |
| Total Current Liabilities | 4,307,000USD | 4,345,000USD | 4,087,000USD | 4,940,000USD | 3,284,000USD | 2,724,000USD | 2,582,000USD | 3,100,000USD |
| Other Current Liabilities | 400,000USD | 341,000USD | 2,969,000USD | 3,173,000USD | 1,905,000USD | 1,647,000USD | 1,820,000USD | 1,479,000USD |
| Other Non Current Liabilities | 0USD | 0USD | 330,000USD | 315,000USD | 308,000USD | 302,000USD | 265,000USD | 199,000USD |
| Total Stockholder Equity | 10,402,000USD | 16,027,000USD | 5,675,000USD | 9,966,000USD | 12,656,000USD | 17,158,000USD | 21,887,000USD | 25,627,000USD |
| Total Equity Including Noncontrolling Interest | 10,402,000USD | 16,027,000USD | 5,675,000USD | 9,966,000USD | 12,656,000USD | 17,158,000USD | 21,887,000USD | 25,627,000USD |
| Deferred Revenue | 40,000USD | 102,000USD | 40,000USD | 40,000USD | 40,000USD | 79,000USD | 40,000USD | 118,000USD |
| Net Receivables | 65,000USD | 68,000USD | 104,000USD | 52,000USD | 31,000USD | 29,000USD | 84,000USD | 380,000USD |
| Property Plant Equipment Net | 1,950,000USD | 2,099,000USD | 2,349,000USD | 2,730,000USD | 2,959,000USD | 3,081,000USD | 3,331,000USD | 3,592,000USD |
| Intangible Assets | 2,202,000USD | 2,238,000USD | 2,285,000USD | 2,309,000USD | 2,321,000USD | 2,291,000USD | 2,401,000USD | 2,347,000USD |
| Accounts Payable | 633,000USD | 293,000USD | 423,000USD | 1,080,000USD | 700,000USD | 367,000USD | 99,000USD | 887,000USD |
| Short Term Debt | 581,000USD | 688,000USD | 655,000USD | 647,000USD | 639,000USD | 631,000USD | 623,000USD | 616,000USD |
| Retained Earnings | -143,120,000USD | -137,047,000USD | -132,311,000USD | -126,867,000USD | -119,646,000USD | -114,618,000USD | -109,607,000USD | -105,525,000USD |
| Cash And Short Term Investments | — | — | — | — | — | 14,327,000USD | 19,232,000USD | 22,778,000USD |
| Short Term Investments | — | — | — | — | — | 0USD | 0USD | 0USD |
| Accumulated Other Comprehensive Income | — | — | — | — | — | — | — | -1,000USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal |
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 | 10,261,000USD | 25,558,000USD | 12,078,000USD | 27,413,000USD | 42,766,000USD | 9,240,000USD | 10,584,415USD | 10,521,702USD |
| Cash And Equivalents | 4,661,000USD | 19,232,000USD | 4,949,000USD | 10,503,000USD | 25,658,000USD | — | — | — |
| Total Current Assets | 5,451,000USD | 19,624,000USD | 5,848,000USD | 20,280,000USD | 35,380,000USD | 1,849,000USD | 2,371,098USD | 4,164,787USD |
| Other Current Assets | 686,000USD | 308,000USD | 376,000USD | 404,000USD | 282,000USD | 613,000USD | 53,766USD | 133,059USD |
| Other Non Current Assets | 176,000USD | 202,000USD | 193,000USD | — | — | — | — | — |
| Total Liabilities | 4,586,000USD | 3,671,000USD | 5,337,000USD | 6,910,000USD | 5,313,000USD | — | — | — |
| Total Current Liabilities | 4,087,000USD | 2,582,000USD | 3,889,000USD | 4,869,000USD | 2,708,000USD | 3,830,000USD | 2,486,877USD | 1,863,374USD |
| Other Current Liabilities | 2,969,000USD | 1,820,000USD | 2,152,000USD | 650,000USD | 1,327,000USD | — | — | — |
| Other Non Current Liabilities | 330,000USD | 265,000USD | — | — | — | — | — | — |
| Total Stockholder Equity | 5,675,000USD | 21,887,000USD | 6,741,000USD | 20,503,000USD | 37,453,000USD | 1,957,000USD | 4,445,042USD | 6,814,277USD |
| Total Equity Including Noncontrolling Interest | 5,675,000USD | 21,887,000USD | 6,741,000USD | 20,503,000USD | 37,453,000USD | — | — | — |
| Deferred Revenue | 40,000USD | 40,000USD | 506,000USD | 506,000USD | — | — | — | — |
| Net Receivables | 104,000USD | 84,000USD | 111,000USD | 218,000USD | — | 420,000USD | 451,458USD | 0USD |
| Property Plant Equipment Net | 2,349,000USD | 3,331,000USD | 3,750,000USD | 4,480,000USD | 3,062,000USD | 5,667,000USD | 6,482,368USD | 4,760,515USD |
| Intangible Assets | 2,285,000USD | 2,401,000USD | 2,287,000USD | 2,409,000USD | 2,334,000USD | 1,547,000USD | 1,480,056USD | 1,345,507USD |
| Accounts Payable | 423,000USD | 99,000USD | 638,000USD | — | 645,000USD | 1,590,000USD | 1,154,732USD | 1,205,426USD |
| Short Term Debt | 655,000USD | 623,000USD | 593,000USD | 564,000USD | 537,000USD | 688,000USD | 485,785USD | — |
| Retained Earnings | -132,311,000USD | -109,607,000USD | -84,984,000USD | -62,773,000USD | -43,938,000USD | -26,892,861USD | — | — |
| Cash And Short Term Investments | — | 19,232,000USD | 5,361,000USD | — | 9,962,698USD | 816,000USD | 1,865,874USD | 4,031,728USD |
| Short Term Investments | — | 0USD | 412,000USD | — | 9,471,000USD | 0USD | — | — |
| Common Stock | — | — | — | 6,000USD | 5,000USD | 1,957,000USD | 4,595,042USD | 7,114,277USD |
| Accumulated Other Comprehensive Income | — | — | — | -357,000USD | — | -99,999USD | -150,000USD | -1,393,994USD |
| Total Liab | — | — | — | — | — | 7,283,000USD | 6,139,373USD | 3,707,425USD |
| Other Current Liab | — | — | — | — | — | 1,542,000USD | 304,567USD | 252,948USD |
| Capital Stock | — | — | — | — | — | 1,957,000USD | — | — |
| Other Assets | — | — | — | — | — | 2,246USD | 250,893USD | 250,893USD |
| Cash | — | — | — | — | — | 816,000USD | 1,865,874USD | 4,031,728USD |
| Current Deferred Revenue | — | — | — | — | — | 10,000USD | 541,793USD | 405,000USD |
| Net Debt | — | — | — | — | — | 3,325,000USD | 2,272,407USD | -4,031,728USD |
| Short Long Term Debt | — | — | — | — | — | 177,269USD | — | — |
| Short Long Term Debt Total | — | — | — | — | — | 4,141,000USD | 4,138,281USD | — |
| Long Term Debt | — | — | — | — | — | 311,511USD | — | — |
| Property Plant Equipment Gross | — | — | — | — | — | 5,666,328USD | 6,482,368USD | 4,760,515USD |
| Common Stock Shares Outstanding | — | — | — | — | — | 1,686,082shares | 1,601,746shares | 1,590,684shares |
| Non Current Assets Total | — | — | — | — | — | 7,391,000USD | 8,213,317USD | 6,356,915USD |
| Non Current Liabilities Total | — | — | — | — | — | 3,453,000USD | 3,652,496USD | 1,844,051USD |
| Non Currrent Assets Other | — | — | — | — | — | 177,000USD | 250,893USD | 250,893USD |
| Net Working Capital | — | — | — | — | — | -1,980,172USD | -115,779USD | 2,301,413USD |
| Net Tangible Assets | — | — | — | — | — | 409,568USD | 2,964,986USD | 5,468,770USD |
| Unclassified Non Current Liabilities | — | — | — | — | — | 3,141,489USD | 3,652,496USD | — |
| Unclassified Equity | — | — | — | — | — | 25,035,860USD | — | 1,093,994USD |
| Other Liab | — | — | — | — | — | — | — | 1,844,051USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD | Q3 20232023-09-30 · USD | Q2 20232023-06-30 · USD | Q3 20222022-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Depreciation | 400,000USD | 600,000USD | 400,000USD | 716,000USD | 400,000USD | 500,000USD | 400,000USD | 500,000USD |
| Stock Based Compensation | 752,000USD | 1,301,000USD | 853,000USD | 1,938,000USD | 525,000USD | — | — | 1,691,000USD |
| Change To Account Receivables | 39,000USD | — | — | — | — | — | — | — |
| Change To Liabilities | -120,000USD | 2,532,000USD | 876,000USD | -227,000USD | -452,000USD | -99,000USD | 607,000USD | -642,000USD |
| Change In Working Capital | -411,000USD | 320,000USD | 50,000USD | -183,000USD | -466,000USD | -1,486,000USD | -1,164,000USD | -256,000USD |
| Operating Cash Flow | -10,023,000USD | -13,349,000USD | -8,294,000USD | -10,495,000USD | -7,652,000USD | -15,005,000USD | -10,449,000USD | -11,661,000USD |
| Capital Expenditures | -103,000USD | -245,000USD | -188,000USD | -642,000USD | -212,000USD | -137,000USD | -134,000USD | -503,000USD |
| Unclassified Investing Cash Flow | -20,000USD | -286,000USD | -225,000USD | -227,000USD | -177,000USD | 6,759,000USD | 2,930,000USD | 396,000USD |
| Investing Cash Flow | -123,000USD | -531,000USD | -413,000USD | -517,000USD | -39,000USD | 6,622,000USD | 2,796,000USD | -107,000USD |
| Financing Cash Flow | 15,562,000USD | 3,892,000USD | -191,000USD | 28,841,000USD | 15,117,000USD | -153,000USD | -103,000USD | -316,000USD |
| Change In Cash | 5,416,000USD | -9,988,000USD | -8,898,000USD | 17,829,000USD | 7,426,000USD | -8,536,000USD | -7,756,000USD | -12,084,000USD |
| End Cash Flow | 10,077,000USD | 9,244,000USD | 10,334,000USD | 22,778,000USD | 12,375,000USD | 1,967,000USD | 2,747,000USD | 13,574,000USD |
| Net Investments | — | — | — | 352,000USD | 350,000USD | — | — | — |
| Net Common Stock Issuance | — | — | — | — | — | -153,000USD | -103,000USD | -316,000USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | 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 |
|---|---|---|---|---|---|---|---|---|
| Depreciation | 200,000USD | 278,000USD | 264,000USD | 263,000USD | 200,000USD | 242,000USD | 235,000USD | 229,000USD |
| Stock Based Compensation | 379,000USD | 376,000USD | 448,000USD | 513,000USD | 340,000USD | 2,328,000USD | 1,400,000USD | 200,000USD |
| Change To Account Receivables | 36,000USD | -52,000USD | -21,000USD | -2,000USD | — | 296,000USD | -162,000USD | -40,000USD |
| Change To Liabilities | -460,000USD | — | — | — | 132,000USD | — | — | — |
| Change In Working Capital | -547,000USD | -603,000USD | 1,074,000USD | 655,000USD | -266,000USD | 943,000USD | -78,000USD | -376,000USD |
| Operating Cash Flow | -4,370,000USD | — | — | — | -4,697,000USD | — | — | — |
| Capital Expenditures | 0USD | -64,000USD | -57,000USD | -161,000USD | -27,000USD | -13,000USD | -430,000USD | -196,000USD |
| Unclassified Investing Cash Flow | -20,000USD | — | — | — | -123,000USD | — | — | — |
| Investing Cash Flow | -20,000USD | — | — | — | -150,000USD | — | — | — |
| Financing Cash Flow | 15,487,000USD | — | — | — | -58,000USD | — | — | — |
| Change In Cash | 11,097,000USD | -4,583,000USD | -1,090,000USD | -3,993,000USD | -4,905,000USD | -3,546,000USD | 10,403,000USD | 10,435,000USD |
| End Cash Flow | 15,758,000USD | — | — | — | 14,327,000USD | — | — | — |
| Net Income | — | -5,444,000USD | -7,221,000USD | -5,028,000USD | — | -4,081,000USD | -4,419,000USD | -3,413,000USD |
| Other Non Cash Items | — | 97,000USD | 828,000USD | 655,000USD | — | -2,805,000USD | 19,000USD | -1,206,000USD |
| Total Cash From Operating Activities | — | -5,296,000USD | -5,055,000USD | -3,597,000USD | — | -3,373,000USD | -2,843,000USD | -4,566,000USD |
| Free Cash Flow | — | -5,360,000USD | -5,112,000USD | -3,758,000USD | — | -3,386,000USD | -3,273,000USD | -4,762,000USD |
| Investments | — | 0USD | -118,000USD | -263,000USD | — | -123,000USD | -478,000USD | -53,000USD |
| Total Cashflows From Investing Activities | — | -64,000USD | -118,000USD | -263,000USD | — | -123,000USD | -478,000USD | -53,000USD |
| Total Cash From Financing Activities | — | 777,000USD | 4,083,000USD | -133,000USD | — | -50,000USD | 13,724,000USD | 15,054,000USD |
| Sale Purchase Of Stock | — | -58,000USD | -61,000USD | -133,000USD | — | -53,000USD | -270,000USD | -6,000USD |
| Issuance Of Capital Stock | — | 836,000USD | 4,144,000USD | 0USD | — | 0USD | 8,144,000USD | — |
| Begin Period Cash Flow | — | 9,244,000USD | 10,334,000USD | 14,327,000USD | — | 22,778,000USD | 12,375,000USD | 1,940,000USD |
| End Period Cash Flow | — | 4,661,000USD | 9,244,000USD | 10,334,000USD | — | 19,232,000USD | 22,778,000USD | 12,375,000USD |
| Other Cashflows From Investing Activities | — | 349,000USD | -61,000USD | -263,000USD | — | -110,000USD | -48,000USD | 143,000USD |
| Other Cashflows From Financing Activities | — | -59,000USD | 4,144,000USD | -133,000USD | — | 3,000USD | 13,994,000USD | 15,060,000USD |
| Dividends Paid | — | — | — | — | — | — | -8,650,000USD | — |
| Unclassified Financing Cash Flow | — | — | — | — | — | — | 8,650,000USD | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | DisclosureDeterministicFinal | 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 |
|---|---|---|---|---|---|---|---|---|
| Depreciation | 800,000USD | 700,000USD | 700,000USD | — | — | 785,437USD | 768,836USD | 745,774USD |
| Stock Based Compensation | 1,677,000USD | 2,328,000USD | 2,032,000USD | 170,000USD | 1,297,000USD | 83,000USD | 136,846USD | 423,866USD |
| Change To Liabilities | 1,686,000USD | -607,000USD | 389,000USD | 429,000USD | -1,159,000USD | -400,858USD | -120,128USD | 104,414USD |
| Change In Working Capital | 38,000USD | -682,000USD | -1,034,000USD | 969,000USD | -1,176,000USD | 488,634USD | -216,483USD | -11,216USD |
| Operating Cash Flow | -18,645,000USD | -13,868,000USD | -19,002,000USD | -13,969,000USD | -9,636,000USD | — | — | — |
| Capital Expenditures | -245,000USD | -655,000USD | -301,000USD | -569,000USD | -330,000USD | -261,500USD | -37,573USD | -211,684USD |
| Net Investments | 0USD | 352,000USD | 8,880,000USD | — | — | — | — | — |
| Unclassified Investing Cash Flow | -350,000USD | -337,000USD | -393,000USD | -108,000USD | -10,366,000USD | — | — | — |
| Investing Cash Flow | -595,000USD | -640,000USD | 8,186,000USD | -677,000USD | -10,696,000USD | — | — | — |
| Financing Cash Flow | 4,669,000USD | 28,791,000USD | 5,262,000USD | -509,000USD | 45,174,000USD | — | — | — |
| Change In Cash | -14,571,000USD | 14,283,000USD | -5,554,000USD | -15,155,000USD | 24,842,000USD | -1,050,074USD | -2,165,854USD | -4,035,056USD |
| End Cash Flow | 4,661,000USD | 19,232,000USD | 4,949,000USD | 10,503,000USD | 25,658,000USD | — | — | — |
| Net Common Stock Issuance | — | — | -174,000USD | -304,000USD | -451,000USD | — | — | — |
| Unclassified Financing Cash Flow | — | — | 5,436,000USD | -205,000USD | 45,625,000USD | — | — | — |
| Net Income | — | — | — | — | — | -3,720,808USD | -2,959,877USD | -6,336,796USD |
| Other Non Cash Items | — | — | — | — | — | -167USD | -120,128USD | 1,903,619USD |
| Change To Account Receivables | — | — | — | — | — | 30,806USD | -451,458USD | 24,881USD |
| Change To Inventory | — | — | — | — | — | -30,806USD | 86,783USD | — |
| Total Cash From Operating Activities | — | — | — | — | — | -2,363,904USD | -2,390,806USD | -5,178,372USD |
| Free Cash Flow | — | — | — | — | — | -2,625,404USD | -2,428,379USD | -5,390,056USD |
| Investments | — | — | — | — | — | -261,500USD | -125,048USD | -211,684USD |
| Total Cashflows From Investing Activities | — | — | — | — | — | -261,500USD | -125,047USD | -211,684USD |
| Net Borrowings | — | — | — | — | — | 488,780USD | 488,780USD | 488,780USD |
| Total Cash From Financing Activities | — | — | — | — | — | 1,575,330USD | 350,000USD | 1,355,000USD |
| Issuance Of Capital Stock | — | — | — | — | — | 1,100,000USD | — | — |
| Begin Period Cash Flow | — | — | — | — | — | 1,865,874USD | 4,031,728USD | 8,066,784USD |
| End Period Cash Flow | — | — | — | — | — | 815,800USD | 1,865,874USD | 4,031,728USD |
| Other Cashflows From Investing Activities | — | — | — | — | — | -130,000USD | -87,474USD | -115,721USD |
| Other Cashflows From Financing Activities | — | — | — | — | — | -12,670USD | 350,000USD | 1,355,000USD |
| Unclassified Operating Cash Flow | — | — | — | — | — | — | — | -1,903,619USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Product | Clinical Trial Revenue | 378,000 | USD | Disclosure |
| Q1 2026Quarterly · 2026-03-31 | Product | Contract Manufacturing Revenue | 20,000 | USD | Disclosure |
| Q4 2025Quarterly · 2025-12-31 | Product | Clinical Trial Revenue | 303,000 | USD | Legacy provider |
| Q4 2025Quarterly · 2025-12-31 | Product | Contract Manufacturing Lease Revenue | 5,000 | USD | Legacy provider |
| Q4 2025Quarterly · 2025-12-31 | Product | Contract Manufacturing Revenue | 57,000 | USD | Legacy provider |
| FY 2025Yearly · 2025-12-31 | Product | Clinical Trial Revenue | 954,000 | USD | Disclosure |
| FY 2025Yearly · 2025-12-31 | Product | Contract Manufacturing Lease Revenue | 23,000 | USD | Disclosure |
| FY 2025Yearly · 2025-12-31 | Product | Contract Manufacturing Revenue | 222,000 | USD | Disclosure |
| Q3 2025Quarterly · 2025-09-30 | Product | Clinical Trial Revenue | 94,000 | USD | Disclosure |
| Q3 2025Quarterly · 2025-09-30 | Product | Contract Manufacturing Lease Revenue | 6,000 | USD | Disclosure |
| Q3 2025Quarterly · 2025-09-30 | Product | Contract Manufacturing Revenue | 37,000 | USD | Disclosure |
| Q2 2025Quarterly · 2025-06-30 | Product | Clinical Trial Revenue | 298,000 | USD | Disclosure |
| Q2 2025Quarterly · 2025-06-30 | Product | Contract Manufacturing Lease Revenue | 6,000 | USD | Disclosure |
| Q2 2025Quarterly · 2025-06-30 | Product | Contract Manufacturing Revenue | 12,000 | USD | Disclosure |
| Q1 2025Quarterly · 2025-03-31 | Product | Clinical Trial Revenue | 259,000 | USD | Disclosure |
| Q1 2025Quarterly · 2025-03-31 | Product | Contract Manufacturing Lease Revenue | 6,000 | USD | Disclosure |
| Q1 2025Quarterly · 2025-03-31 | Product | Contract Manufacturing Revenue | 116,000 | USD | Disclosure |
| Q4 2024Quarterly · 2024-12-31 | Product | Clinical Trial Revenue | 390,000 | USD | Disclosure |
| Q4 2024Quarterly · 2024-12-31 | Product | Contract Manufacturing Lease Revenue | 126,000 | USD | Disclosure |
| Q4 2024Quarterly · 2024-12-31 | Product | Contract Manufacturing Revenue | 87,000 | USD | Disclosure |
| FY 2024Yearly · 2024-12-31 | Product | Clinical Trial Revenue | 1,402,000 | USD | Disclosure |
| FY 2024Yearly · 2024-12-31 | Product | Contract Manufacturing Lease Revenue | 503,000 | USD | Disclosure |
| FY 2024Yearly · 2024-12-31 | Product | Contract Manufacturing Revenue | 487,000 | USD | Disclosure |
| FY 2022Yearly · 2022-12-31 | Product | Clinical Trial Revenue | 940,000 | USD | Disclosure |
| FY 2022Yearly · 2022-12-31 | Product | Grant Revenue — MSCRFTEDCOGrants | 118,000 | USD | Disclosure |
| FY 2022Yearly · 2022-12-31 | Product | National Institute Of Health Grant | 164,000 | USD | Disclosure |
| Q1 2021Quarterly · 2021-03-31 | Product | Alzheimers Association Grant | 170,000 | USD | Disclosure |
| Q1 2021Quarterly · 2021-03-31 | Product | Clinical Trial Revenue | 165,000 | USD | Disclosure |
| Q1 2021Quarterly · 2021-03-31 | Product | Maryland TEDCOGrant | 41,000 | USD | Disclosure |
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.