marketcaparena

SKYE

Skye Bioscience, Inc.

Company overview

Market capitalization
—
Employees
2
Latest publication
2026-09-29
About Skye Bioscience, Inc.

Skye Bioscience, Inc., a clinical-stage biotechnology company, focuses on developing molecules that modulate G-protein-coupled receptors (GPCRs) to treat obesity, overweight, and metabolic diseases. Its lead product candidate is nimacimab, a peripherally restricted negative allosteric modulating antibody targeting cannabinoid receptor 1, a key GPCR involved in metabolic regulation. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. is headquartered in San Diego, California.

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 Revenue0USD0USD0USD0USD0USD0USD0USD0USD
Cost Of Revenue172,886USD180,009USD—187,066USD177,379USD175,293USD65,997USD29,790USD
Gross Profit-172,886USD-180,009USD—-187,066USD-177,379USD-175,293USD-65,997USD-29,790USD
Research Development7,762,794USD11,469,425USD9,357,444USD14,337,753USD7,197,257USD7,793,156USD4,883,337USD4,078,751USD
Selling General Administrative4,738,686USD3,426,119USD3,907,090USD3,906,172USD4,562,305USD4,554,194USD4,638,927USD4,326,820USD
Total Operating Expenses12,501,480USD14,895,544USD13,264,534USD18,243,925USD11,759,562USD10,666,101USD4,968,796USD8,405,571USD
Operating Income-12,674,366USD-14,895,544USD-13,264,534USD-18,243,925USD-11,759,562USD-10,666,101USD-4,968,796USD-8,405,571USD
Interest Income169,615USD274,096USD418,474USD533,090USD619,054USD732,273USD1,292,594USD961,237USD
Interest Expense2,199USD0USD0USD0USD1,452USD428,748USD291,068USD450,052USD
Net Interest Income167,416USD274,096USD418,474USD533,090USD617,602USD779,188USD998,463USD511,185USD
Income Before Tax-12,509,361USD-14,441,963USD-12,754,660USD-17,621,472USD-11,101,319USD-9,746,479USD-3,898,297USD-7,894,745USD
Tax Provision0USD0USD0USD3,400USD2,000USD0USD0USD8,071USD
Net Income-12,509,361USD-14,441,963USD-12,754,660USD-17,624,872USD-11,103,319USD-9,746,479USD-3,898,297USD-7,902,816USD
Net Income From Continuing Ops-12,509,361USD-14,441,963USD-12,754,660USD-17,624,872USD-11,103,319USD-9,746,479USD-3,898,297USD-7,902,816USD
Ebit-12,507,162USD-14,441,963USD-12,754,660USD-17,621,472USD-11,099,867USD-9,793,394USD-3,607,229USD-7,444,693USD
Ebitda-12,334,276USD-14,261,954USD-12,575,762USD-17,434,406USD-10,922,488USD-9,618,101USD-3,541,232USD-7,414,903USD
Depreciation And Amortization172,886USD180,009USD178,898USD187,066USD177,379USD175,293USD65,997USD29,790USD
Reconciled Depreciation172,886USD180,009USD178,898USD187,066USD177,379USD175,293USD65,997USD29,790USD
Total Other Income Expense Net165,005USD453,581USD509,874USD622,453USD658,243USD919,622USD1,070,499USD510,826USD
Income Tax Expense———3,400USD2,000USD——8,071USD
Unclassified Operating Expenses—————-1,681,249USD-4,553,468USD—
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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
Cost Of Revenue723,352USD298,640USD124,251USD114,998USD34,131USD1,872USD1,462USD1,544USD
Gross Profit-723,352USD-298,640USD-124,251USD-114,998USD-34,131USD-1,872USD-1,462USD-1,544USD
Research Development42,361,879USD18,701,694USD5,819,461USD6,011,805USD2,931,437USD1,944,000USD2,236,000USD329,966USD
Selling General Administrative15,801,686USD17,725,741USD7,852,340USD6,094,617USD4,916,277USD4,345,000USD4,395,000USD4,363,000USD
Total Operating Expenses57,440,213USD30,192,718USD34,735,173USD18,311,732USD7,847,714USD6,287,141USD6,633,000USD4,693,000USD
Operating Income-58,163,565USD-30,192,718USD-34,735,173USD-18,311,732USD-7,847,714USD-6,289,013USD-6,633,000USD-4,693,000USD
Interest Income1,883,903USD3,263,512USD99,974USD19,011USD3USD29USD26USD84USD
Interest Expense0USD967,602USD906,270USD663,774USD767,511USD706,385USD1,000,713USD94,763USD
Net Interest Income1,883,903USD2,279,454USD-806,296USD-766,350USD-769,156USD-706,356USD-1,000,687USD-231,871USD
Income Before Tax-55,919,414USD-26,557,052USD-37,641,184USD-19,474,861USD-8,520,082USD-6,559,099USD1,053,000USD-19,193,000USD
Income Tax Expense5,400USD10,071USD3,600USD6,741USD2,100USD1,600USD1,600USD1,642USD
Tax Provision5,400USD10,071USD3,600USD6,741USD2,100USD1,600USD1,600USD1,642USD
Net Income-55,924,814USD-26,567,123USD-37,644,784USD-19,481,602USD-8,522,182USD-6,561,000USD1,052,000USD-19,194,000USD
Net Income From Continuing Ops-55,924,814USD-26,567,123USD-37,644,784USD-19,481,602USD-8,522,182USD-6,560,699USD1,051,825USD-19,194,236USD
Ebit-55,919,414USD-25,589,450USD-36,743,977USD-18,811,087USD-7,752,571USD-5,852,714USD2,041,538USD-4,692,544USD
Ebitda-55,196,062USD-25,290,810USD-36,619,726USD-18,696,089USD-7,718,440USD-5,850,842USD2,043,000USD-4,691,000USD
Depreciation And Amortization723,352USD298,640USD124,251USD114,998USD34,131USD1,872USD1,462USD1,544USD
Reconciled Depreciation723,352USD298,640USD124,251USD114,998USD34,131USD1,872USD1,462USD1,544USD
Total Other Income Expense Net2,244,151USD3,635,666USD-2,906,011USD-1,163,129USD-672,368USD-270,000USD7,686,000USD-14,500,000USD
Unclassified Operating Expenses—-6,234,717USD20,939,121USD6,205,310USD————
Selling And Marketing Expenses——124,251USD—————
Net Income Applicable To Common Shares————-8,522,182USD-6,560,699USD1,051,825USD-19,194,236USD
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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 Assets11,033,795USD19,416,736USD28,313,633USD41,324,289USD52,160,911USD64,793,240USD72,763,773USD81,535,660USD
Cash And Equivalents8,068,357USD———————
Cash And Short Term Investments10,064,141USD17,108,629USD25,737,221USD35,312,308USD48,585,283USD59,223,949USD68,415,741USD67,412,614USD
Short Term Investments1,995,784USD8,959,614USD19,854,723USD16,871,229USD24,747,039USD12,802,650USD0USD—
Total Current Assets10,958,887USD18,566,969USD27,094,147USD39,924,794USD50,582,518USD63,027,781USD70,827,247USD79,808,229USD
Other Current Assets479,582USD1,448,815USD1,346,452USD4,595,729USD1,983,753USD3,797,445USD2,406,441USD12,391,937USD
Other Non Current Assets8,309USD———————
Total Liabilities11,531,102USD———————
Total Current Liabilities11,531,102USD10,404,932USD8,205,459USD8,367,897USD8,311,708USD5,319,460USD4,338,887USD5,624,223USD
Other Current Liabilities966,121USD———————
Total Stockholder Equity-497,307USD9,011,804USD20,024,175USD32,836,185USD43,676,709USD59,250,314USD68,151,724USD75,803,375USD
Total Equity Including Noncontrolling Interest-497,307USD———————
Property Plant Equipment Net66,599USD813,858USD1,165,576USD1,345,585USD1,524,483USD1,711,549USD1,882,616USD1,701,121USD
Accounts Payable4,278,419USD3,936,948USD2,033,431USD2,825,005USD3,222,510USD1,713,832USD569,252USD780,025USD
Short Term Debt35,696USD311,318USD189,647USD201,638USD195,046USD188,645USD182,428USD82,932USD
Common Stock35,144USD35,128USD33,379USD30,989USD30,988USD30,975USD30,975USD30,338USD
Retained Earnings-210,170,441USD-199,383,847USD-186,874,486USD-172,432,523USD-159,677,863USD-142,052,991USD-130,949,672USD-121,203,193USD
Total Liab—10,404,932USD8,289,458USD8,488,104USD8,484,202USD5,542,926USD4,612,049USD5,732,285USD
Other Current Liab—6,156,666USD5,982,381USD5,341,254USD4,894,152USD3,416,983USD3,587,207USD4,761,266USD
Capital Stock—35,128USD33,379USD30,989USD30,988USD30,975USD30,975USD30,338USD
Cash—8,149,015USD5,882,498USD18,441,079USD23,838,244USD46,421,299USD68,415,741USD67,412,614USD
Net Debt—-7,837,697USD-5,608,852USD-18,119,234USD-23,470,704USD-46,009,188USD-67,960,151USD-67,221,620USD
Short Long Term Debt—250,338USD——————
Short Long Term Debt Total—311,318USD273,646USD321,845USD367,540USD412,111USD455,590USD190,994USD
Net Receivables—9,525USD10,474USD16,757USD13,482USD6,387USD5,065USD3,678USD
Property Plant Equipment Gross—813,858USD1,939,223USD1,345,585USD1,524,483USD1,711,549USD2,116,129USD1,800,750USD
Common Stock Shares Outstanding—39,681,465shares39,662,664shares39,665,927shares39,659,266shares39,652,000shares39,969,000shares38,819,387shares
Non Current Assets Total—849,767USD1,219,486USD1,399,495USD1,578,393USD1,765,459USD1,936,526USD1,727,431USD
Non Current Liabilities Total—0USD83,999USD120,207USD172,494USD223,466USD273,162USD108,062USD
Non Currrent Assets Other—35,909USD53,910USD53,910USD53,910USD53,910USD53,910USD26,310USD
Net Working Capital—8,162,037USD18,888,688USD31,556,897USD42,270,810USD57,708,321USD66,488,360USD74,184,006USD
Unclassified Equity—208,325,395USD206,831,903USD205,206,730USD203,292,596USD201,241,355USD199,039,446USD196,945,892USD
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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 Assets28,313,633USD72,763,773USD11,940,411USD9,111,072USD9,855,088USD2,671,726USD1,996,743USD1,957,132USD
Other Current Assets1,346,452USD2,406,441USD10,236,148USD412,018USD629,090USD194,975USD164,783USD100,314USD
Total Liab8,289,458USD4,612,049USD14,072,229USD12,119,126USD3,990,922USD2,220,940USD1,448,685USD17,519,384USD
Total Stockholder Equity20,024,175USD68,151,724USD-2,131,818USD-3,008,054USD5,864,166USD450,786USD548,058USD-15,562,252USD
Other Current Liab5,982,381USD3,587,207USD8,500,209USD7,572,304USD954,935USD341,765USD831,009USD15,923,374USD
Common Stock33,379USD30,975USD12,349USD913,528USD476,108USD288,074USD182,895USD133,908USD
Capital Stock33,379USD30,975USD12,349USD913,528USD476,108USD288,074USD182,895USD133,908USD
Retained Earnings-186,874,486USD-130,949,672USD-104,382,549USD-66,737,765USD-47,256,163USD-38,733,981USD-32,173,282USD-33,225,107USD
Cash5,882,498USD68,415,741USD1,256,453USD1,244,527USD8,983,007USD2,469,410USD1,829,977USD1,853,373USD
Cash And Short Term Investments25,737,221USD68,415,741USD1,256,453USD1,244,527USD8,983,007USD2,469,410USD1,829,977USD1,853,373USD
Total Current Assets27,094,147USD70,827,247USD11,650,843USD8,943,718USD9,612,097USD2,664,385USD1,994,760USD1,953,687USD
Total Current Liabilities8,205,459USD4,338,887USD13,900,999USD12,119,126USD3,912,222USD787,199USD970,818USD15,938,971USD
Net Debt-5,608,852USD-67,960,151USD3,358,813USD603,848USD-6,847,030USD-971,607USD-1,442,907USD-492,413USD
Short Term Debt189,647USD182,428USD4,444,036USD1,927,075USD2,057,277USD64,062USD——
Short Long Term Debt Total273,646USD455,590USD4,615,266USD1,927,075USD2,135,977USD1,497,803USD387,070USD1,360,960USD
Short Term Investments19,854,723USD0USD-9,080,202USD—————
Net Receivables10,474USD5,065USD158,242USD74,121USD————
Accounts Payable2,033,431USD569,252USD956,754USD1,794,898USD900,010USD381,372USD139,809USD15,597USD
Property Plant Equipment Net1,165,576USD1,882,616USD281,259USD159,045USD234,682USD7,341USD1,983USD3,445USD
Property Plant Equipment Gross1,939,223USD2,116,129USD281,259USD159,045USD234,682USD7,341USD——
Common Stock Shares Outstanding39,662,664shares36,486,519shares7,006,000shares493,654,115shares1,626,397shares925,683shares532,006shares525,780shares
Non Current Assets Total1,219,486USD1,936,526USD289,568USD167,354USD242,991USD7,341USD1,983USD3,445USD
Non Current Liabilities Total83,999USD273,162USD171,230USD1,748,697USD78,700USD1,433,741USD477,867USD1,580,413USD
Non Currrent Assets Other53,910USD53,910USD8,309USD8,309USD8,309USD———
Net Working Capital18,888,688USD66,488,360USD-2,250,156USD-3,175,408USD5,699,875USD1,877,186USD1,023,942USD-13,985,284USD
Unclassified Equity206,831,903USD199,039,446USD102,226,033USD61,902,655USD52,168,113USD38,608,619USD32,355,550USD16,097,048USD
Other Assets——1USD—8,309USD———
Short Long Term Debt——4,371,998USD1,848,375USD1,974,905USD64,062USD——
Inventory——125,784USD7,213,052USD————
Unclassified Current Assets——1,130,669USD—————
Unclassified Current Liabilities——-4,371,998USD-1,023,526USD-2,870,108USD———
Unclassified Non Current Liabilities———1,748,697USD————
Current Deferred Revenue————895,203USD303,198USD——
Net Tangible Assets————5,864,166USD450,786USD548,058USD-15,562,252USD
Long Term Debt—————1,433,741USD387,070USD1,360,960USD
Other Liab——————90,797USD219,453USD
Accumulated Other Comprehensive Income———————1,297,991USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Depreciation330,484USD
Stock Based Compensation2,768,199USD
Change To Liabilities-1,579,536USD
Change In Working Capital-533,307USD
Operating Cash Flow-15,679,591USD
Capital Expenditures0USD
Unclassified Investing Cash Flow18,037,989USD
Investing Cash Flow18,037,989USD
Financing Cash Flow-172,539USD
Change In Cash2,185,859USD
End Cash Flow8,068,357USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USDQ1 20242024-03-31 · USD
Net Income-12,509,361USD-12,754,660USD-17,624,872USD-11,103,319USD-9,746,479USD-3,898,297USD-7,902,816USD-5,019,531USD
Depreciation172,886USD178,898USD187,066USD177,379USD175,293USD65,997USD29,790USD27,560USD
Stock Based Compensation1,496,989USD1,914,136USD2,033,109USD2,201,909USD2,089,210USD1,921,617USD1,828,474USD2,478,179USD
Other Non Cash Items7,615USD-91,400USD-89,363USD-9,176,294,520USD178,317USD-4,435,216USD507,116USD-907,936USD
Change In Working Capital2,273,954USD-2,611,349USD4,747,873USD-461,449USD-869,444USD1,083,181USD-1,556,100USD-1,286,395USD
Total Cash From Operating Activities-8,557,917USD-13,364,375USD-10,746,187USD-9,185,480,000USD-8,173,103USD-5,262,718USD-7,093,536USD-4,708,123USD
Capital Expenditures-3USD-5USD-3USD-6,312,000USD-50,024USD-1,518,359USD-32,463USD-3,181USD
Free Cash Flow-8,557,920USD-13,364,380USD-10,746,190USD-9,191,792,000USD-8,223,127USD-6,781,077USD-7,125,999USD-4,711,304USD
Investments10,895,109USD7,967,210USD-11,855,026USD-12,808,962USD90,410USD-1,445,522USD-32,463USD1,141,960USD
Total Cashflows From Investing Activities10,895,959USD7,967,210USD-11,855,026USD-12,808,962,000USD90,410USD-1,445,522USD-32,463USD1,141,960USD
Net Borrowings-71,525USD——0USD0USD0USD——
Total Cash From Financing Activities-71,525USD0USD18,158USD0USD5,618USD0USD-2,096,054USD85,652,617USD
Change In Cash2,266,517USD-5,397,165USD-22,583,055USD-21,994,442,000USD-8,077,075USD-6,708,240USD-9,222,053USD82,086,454USD
Begin Period Cash Flow5,882,498USD23,838,244USD46,421,299USD68,415,741,000USD76,492,816USD83,201,056USD92,423,109USD10,336,655USD
End Period Cash Flow8,149,015USD18,441,079USD23,838,244USD46,421,299,000USD68,415,741USD76,492,816USD83,201,056USD92,423,109USD
Other Cashflows From Investing Activities850USD12,796,333,801USD-12,796,153,038USD—140,434USD72,837USD—1,145,141USD
Other Cashflows From Financing Activities-71,525USD———83,562,181USD-1,445,522USD-32,463USD1,141,960USD
Issuance Of Capital Stock—0USD0USD0USD0USD0USD-2,096,054USD85,652,617USD
Unclassified Investing Cash Flow—-12,796,333,796USD12,796,153,041USD-12,789,841,038USD—1,445,522USD—-1,141,960USD
Unclassified Financing Cash Flow————-83,556,563USD1,445,522USD—-1,141,960USD
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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-55,924,814USD-26,567,123USD-37,644,784USD-19,481,602USD-8,522,182USD-6,560,699USD1,051,825USD-19,194,236USD
Depreciation723,352USD298,640USD124,251USD114,998USD34,131USD1,872USD1,462USD1,544USD
Stock Based Compensation7,767,694USD8,317,480USD987,510USD629,032USD869,206USD302,742USD680,455USD674,961USD
Other Non Cash Items-360,750USD-4,657,719USD23,050,152USD6,755,404USD497,014USD107,763USD629,293USD14,474,525USD
Change In Working Capital4,731,989USD-2,628,758USD-469,307USD-761,904USD646,943USD94,191USD295,714USD100,192USD
Total Cash From Operating Activities-43,062,529USD-25,237,480USD-13,952,178USD-12,744,072USD-6,474,888USD-6,054,131USD-6,027,941USD-3,943,014USD
Capital Expenditures-6,312USD-1,604,027USD-12,550USD-28,060USD-90,866USD-7,230USD-7,230USD-4,385USD
Free Cash Flow-43,068,841USD-26,841,507USD-13,964,728USD-12,772,132USD-6,565,754USD-6,061,361USD-6,027,941USD-3,947,399USD
Investments-19,854,723USD-245,615USD6,596,456USD5,214,395USD-90,866USD-7,230USD0USD-4,385USD
Total Cashflows From Investing Activities-19,500,285USD-245,615USD6,596,456USD5,214,395USD-90,866USD-7,230USD-7,230USD-4,385USD
Total Cash From Financing Activities29,571USD83,562,181USD16,443,270USD-208,794USD13,079,356USD6,700,822USD6,004,571USD5,540,901USD
Issuance Of Capital Stock0USD83,556,563USD11,734,947USD0USD6,062,774USD6,085,589USD1,919,372USD0USD
Change In Cash-62,533,243USD58,079,086USD9,087,548USD-7,738,471USD6,513,602USD639,461USD-23,370USD1,593,502USD
Begin Period Cash Flow68,415,741USD10,336,655USD1,249,107USD8,987,578USD2,473,976USD1,834,515USD1,857,885USD264,383USD
End Period Cash Flow5,882,498USD68,415,741USD10,336,655USD1,249,107USD8,987,578USD2,473,976USD1,834,515USD1,857,885USD
Net Borrowings—0USD4,714,349USD-210,761USD0USD566,700USD5,199USD2,346,293USD
Other Cashflows From Investing Activities—1,358,412USD6,609,006USD-66,458USD————
Other Cashflows From Financing Activities—5,618USD-6,026USD1,967USD7,016,582USD48,533USD4,080,000USD98,700USD
Unclassified Investing Cash Flow——-6,596,456USD—————
Change To Liabilities————518,638USD241,563USD134,212USD-85,324USD
Unclassified Operating Cash Flow——————-8,686,690USD—
Unclassified Financing Cash Flow———————3,095,908USD
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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.