marketcaparena
Search

    VBIO

    Valion Bio, Inc.

    Company overview

    Market capitalization
    $59.91M
    Employees
    52
    Latest publication
    2026-09-29
    About Valion Bio, Inc.

    Valion Bio, Inc. operates as a late-stage biopharmaceutical company. Its lead drug candidate is Entolimod, a TLR5 agonist that is in late-stage development to treat acute radiation syndrome. The company's pipeline also comprises Entolimod to treat Neutropenia and lymphocyte exhaustion; and Entolasta, an immunologically optimized variant of Entolimod for chronic applications, such as immunosenescence. In addition, it offers CDMO services. The company was formerly known as Tivic Health Systems, Inc. and changed its name to Valion Bio, Inc. in April 2026. The company was incorporated in 2016 and is based in San Antonio, Texas.

    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 20212021-09-30 · USDQ2 20212021-06-30 · USD
    Total Revenue915,380USD-302,000USD778,767USD86,000USD0USD180,000USD——
    Research Development1,854,000USD1,283,000USD858,000USD655,000USD335,000USD333,000USD67,838USD97,812USD
    Selling General Administrative464,804USD733,000USD378,825USD1,333,000USD1,042,000USD971,000USD436,523USD514,437USD
    Total Operating Expenses2,714,585USD1,673,000USD378,825USD2,020,000USD1,377,000USD1,723,000USD504,361USD612,249USD
    Operating Income-1,833,690USD-1,975,000USD-570,553USD-1,934,000USD-1,377,000USD-1,543,000USD-504,361USD-612,249USD
    Interest Income24,000USD12,000USD4,000USD3,000USD4,000USD———
    Interest Expense34,485USD—38,245USD—0USD———
    Net Interest Income-624,000USD-134,000USD4,000USD3,000USD4,000USD———
    Income Before Tax-1,833,690USD-1,964,000USD-633,381USD-1,931,000USD-1,373,000USD-1,477,000USD-504,358USD-612,235USD
    Net Income-1,833,690USD-2,849,000USD-633,381USD-1,931,000USD-1,502,000USD-1,477,000USD-504,358USD-612,235USD
    Net Income From Continuing Ops-6,225,000USD-1,964,000USD-2,596,000USD-1,931,000USD-1,373,000USD-1,477,000USD——
    Ebitda-1,833,690USD—-570,553USD———-504,358USD-612,235USD
    Reconciled Depreciation181,000USD3,000USD0USD1,000USD1,000USD273,000USD——
    Total Other Income Expense Net33,000USD145,000USD-62,828USD———3USD14USD
    Cost Of Revenue——291,000USD32,000USD20,000USD419,000USD——
    Gross Profit——-191,728USD54,000USD50,000USD-239,000USD——
    Ebit——————-504,361USD-612,249USD
    Depreciation And Amortization——————3USD14USD
    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 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20172017-12-31 · USDFY 20162016-12-31 · USD
    Total Revenue0USD0USD1,176,000USD1,840,000USD——102,420USD163,360USD
    Research Development3,131,000USD1,313,000USD1,655,000USD1,730,000USD408,905USD1,009,890USD1,897,820USD893,960USD
    Selling General Administrative4,767,000USD3,163,000USD6,877,000USD8,667,000USD1,929,308USD2,682,820USD2,523,410USD2,632,700USD
    Total Operating Expenses7,898,000USD4,476,000USD9,421,000USD11,938,000USD2,338,213USD3,692,711USD4,421,222USD3,526,657USD
    Operating Income-7,898,000USD-4,476,000USD-8,245,000USD-10,098,000USD-2,338,213USD-3,692,710USD-4,396,750USD-3,471,550USD
    Interest Income23,000USD6,000USD1,000USD2,000USD————
    Interest Expense146,000USD0USD———6,782USD—1,010USD
    Net Interest Income-123,000USD6,000USD1,000USD2,000USD————
    Income Before Tax-7,993,000USD-4,470,000USD-8,244,000USD-10,096,000USD-880,851USD-3,632,230USD-4,309,000USD-5,219,380USD
    Net Income-8,878,000USD-5,655,000USD-8,244,000USD-10,096,000USD-880,851USD-4,365,360USD-4,309,000USD-5,219,380USD
    Net Income From Continuing Ops-7,993,000USD-4,470,000USD-8,244,000USD-10,096,000USD————
    Reconciled Depreciation5,000USD352,000USD182,000USD174,000USD————
    Total Other Income Expense Net28,000USD———1,457,362USD60,480USD87,750USD-1,747,830USD
    Cost Of Revenue—778,000USD889,000USD1,541,000USD——77,940USD108,260USD
    Gross Profit—2,000USD287,000USD299,000USD——24,480USD55,100USD
    Unclassified Operating Expenses———1,541,000USD————
    Ebit————-2,338,213USD-3,692,710USD-4,396,750USD-3,471,550USD
    Ebitda————-880,851USD-4,365,360USD-4,309,000USD-5,218,370USD
    Depreciation And Amortization————1,457,362USD-672,650USD87,750USD-1,746,820USD
    Income Tax Expense—————733,130USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    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 20212021-09-30 · USD
    Total Assets32,473,000USD119,678,804USD31,607,000USD56,754,250USD4,508,000USD3,777,000USD2,807,000USD68,011USD
    Cash And Equivalents2,108,000USD———————
    Total Current Assets3,382,000USD2,295,942USD13,006,000USD800,842USD1,842,000USD1,261,000USD2,639,000USD57,425USD
    Other Current Assets524,000USD62,707USD346,000USD68,292USD74,000USD273,000USD240,000USD—
    Other Non Current Assets214,000USD———————
    Total Liabilities20,588,000USD———————
    Total Current Liabilities3,046,000USD4,008,741USD646,000USD2,694,495USD821,000USD741,000USD272,000USD155,671USD
    Other Non Current Liabilities454,000USD———————
    Total Stockholder Equity4,246,000USD20,379,423USD16,797,000USD5,821,450USD3,687,000USD3,036,000USD2,535,000USD-87,660USD
    Total Equity Including Noncontrolling Interest11,885,000USD———————
    Inventory750,000USD750,000USD—4,000USD283,000USD306,000USD319,000USD—
    Property Plant Equipment Net22,178,000USD97,528USD16,098,000USD135,285USD120,000USD118,000USD2,000USD—
    Goodwill3,457,000USD———————
    Intangible Assets2,243,000USD77,032,874USD2,243,000USD2,243,000USD2,243,000USD2,226,000USD——
    Accounts Payable639,000USD1,342,832USD264,000USD499,211USD234,000USD438,000USD125,000USD—
    Short Term Debt533,000USD500,000USD—300,000USD————
    Common Stock2,000USD113,316USD—112,283USD———51,000USD
    Retained Earnings-66,506,000USD-38,951,344USD-52,597,000USD-53,211,817USD-46,975,000USD-45,043,000USD-43,541,000USD-48,544,302USD
    Total Liab—85,863,857USD14,810,000USD49,039,147USD821,000USD741,000USD272,000USD155,671USD
    Other Current Liab—2,165,909USD6,000USD1,895,284USD——15,000USD155,671USD
    Capital Stock—2,000USD2,000USD2,000USD1,000USD1,000USD1,000USD—
    Good Will—3,457,000USD——————
    Cash—1,283,121USD12,645,000USD285,388USD1,184,000USD669,000USD2,002,000USD57,425USD
    Cash And Short Term Investments—1,283,121USD—285,388USD———57,425USD
    Net Debt—-783,121USD—14,612USD———-57,425USD
    Short Long Term Debt Total—500,000USD—300,000USD————
    Long Term Debt—6,899,000USD6,454,000USD—————
    Net Receivables—950,114USD—447,162USD13,000USD13,000USD69,000USD—
    Property Plant Equipment Gross—22,750,000USD16,113,000USD24,000USD162,000USD159,000USD42,000USD—
    Common Stock Shares Outstanding—112,500,736shares2,525,778shares108,094,100shares965,899shares705,641shares556,977shares50,711,017shares
    Non Current Assets Total—117,382,862USD18,601,000USD55,953,408USD2,666,000USD2,516,000USD168,000USD10,586USD
    Non Current Liabilities Total—81,855,116USD14,164,000USD46,344,652USD0USD0USD0USD—
    Non Current Liabilities Other—251,000USD48,000USD—————
    Non Currrent Assets Other—40,252,460USD124,000USD55,818,123USD2,000USD2,000USD117,000USD10,586USD
    Net Working Capital—6,037,000USD12,360,000USD3,102,000USD1,021,000USD520,000USD2,367,000USD—
    Unclassified Non Current Assets—-3,457,000USD—-2,243,000USD————
    Unclassified Non Current Liabilities—74,705,116USD7,662,000USD46,344,652USD————
    Unclassified Equity—59,215,451USD69,392,000USD58,918,984USD50,661,000USD48,078,000USD46,075,000USD48,405,642USD
    SourceDisclosureDeterministicFinalLegacy 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 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20172017-12-31 · USDFY 20162016-12-31 · USD
    Total Assets31,607,000USD2,807,000USD5,157,000USD5,875,000USD896,834USD2,567,250USD675,790USD1,175,020USD
    Intangible Assets2,243,000USD———————
    Other Current Assets346,000USD240,000USD327,000USD235,000USD3,195USD15,660USD5,660USD3,050USD
    Total Liab14,810,000USD272,000USD1,577,000USD2,245,000USD33,440USD1,284,860USD353,520USD800,650USD
    Total Stockholder Equity16,797,000USD2,535,000USD3,580,000USD3,630,000USD863,394USD1,282,389USD322,274USD374,368USD
    Other Current Liab6,000USD15,000USD——33,440USD296,653USD353,520USD800,650USD
    Capital Stock2,000USD1,000USD0USD0USD————
    Retained Earnings-52,597,000USD-43,541,000USD-37,886,000USD-29,642,000USD-47,427,709USD-46,546,860USD-22,044,940USD-17,735,940USD
    Cash12,645,000USD2,002,000USD3,395,000USD3,517,000USD884,137USD2,392,230USD656,290USD1,152,770USD
    Total Current Assets13,006,000USD2,639,000USD4,652,000USD5,306,000USD887,332USD2,407,890USD675,790USD1,175,020USD
    Total Current Liabilities646,000USD272,000USD1,401,000USD1,878,000USD33,440USD1,284,860USD353,520USD800,650USD
    Long Term Debt6,454,000USD———————
    Accounts Payable264,000USD125,000USD713,000USD1,323,000USD—862,528USD——
    Property Plant Equipment Net16,098,000USD2,000USD471,000USD535,000USD—123,610USD——
    Property Plant Equipment Gross16,113,000USD42,000USD508,000USD564,000USD————
    Common Stock Shares Outstanding2,525,778shares556,977shares86,240shares5,692shares50,840,147shares50,840,150shares23,121,000shares13,591,140shares
    Non Current Assets Total18,601,000USD168,000USD505,000USD569,000USD9,502USD159,360USD——
    Non Current Liabilities Total14,164,000USD0USD176,000USD367,000USD————
    Non Current Liabilities Other48,000USD———————
    Non Currrent Assets Other124,000USD117,000USD34,000USD34,000USD9,502USD35,750USD——
    Net Working Capital12,360,000USD2,367,000USD3,251,000USD3,428,000USD————
    Unclassified Non Current Liabilities7,662,000USD———————
    Unclassified Equity69,392,000USD46,075,000USD41,466,000USD33,272,000USD48,240,463USD47,778,609USD22,343,134USD18,088,098USD
    Net Receivables—69,000USD174,000USD107,000USD—19,360USD13,840USD19,200USD
    Inventory—319,000USD756,000USD863,000USD————
    Common Stock————50,640USD50,640USD24,080USD22,210USD
    Cash And Short Term Investments————884,137USD2,392,230USD656,290USD1,152,770USD
    Net Debt————-884,137USD-2,392,230USD-656,290USD-1,152,770USD
    Short Term Debt—————125,679USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow YTD

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USD
    Depreciation362,000USD
    Stock Based Compensation341,000USD
    Change To Inventory-750,000USD
    Change To Liabilities1,830,000USD
    Change In Working Capital-643,000USD
    Operating Cash Flow-10,292,000USD
    Capital Expenditures-64,000USD
    Investing Cash Flow-64,000USD
    Financing Cash Flow187,000USD
    Change In Cash-10,169,000USD
    End Cash Flow2,476,000USD
    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 20212021-09-30 · USDQ2 20212021-06-30 · USD
    Net Income-1,833,690USD-2,849,000USD4,784,658USD-1,931,000USD-1,502,000USD-1,477,000USD-504,358USD-612,235USD
    Depreciation799,583USD3,000USD150,381USD1,000USD1,000USD273,000USD——
    Stock Based Compensation208,000USD149,000USD139,000USD176,000USD100,000USD63,000USD——
    Other Non Cash Items52,057USD145,000USD-3,845,874USD————46,539USD
    Change To Account Receivables-332,185USD—-219,421USD0USD56,000USD-55,000USD——
    Change To Inventory-750,000USD—49,000USD36,000USD0USD74,000USD——
    Change In Working Capital174,000USD-8,000USD-124,342USD-4,000USD443,000USD-557,000USD121,347USD2,995USD
    Total Cash From Operating Activities-982,050USD-2,287,000USD964,823USD-1,827,000USD-889,000USD-1,365,000USD-383,011USD-562,701USD
    Capital Expenditures-7,000USD-25,000USD-10,000USD-20,000USD-526,000USD0USD0USD0USD
    Free Cash Flow-982,050USD-2,312,000USD964,823USD-1,847,000USD-1,415,000USD-1,365,000USD-383,011USD-562,701USD
    Total Cash From Financing Activities155,000USD11,631,000USD308,857USD2,362,000USD82,000USD1,178,000USD119,000USD—
    Change In Cash-827,050USD9,195,000USD227,963USD515,000USD-1,333,000USD-187,000USD-264,011USD-562,701USD
    Begin Period Cash Flow2,110,171USD3,450,000USD57,425USD669,000USD2,002,000USD2,189,000USD321,436USD884,137USD
    End Period Cash Flow1,283,121USD12,645,000USD285,388USD1,184,000USD669,000USD2,002,000USD57,425USD321,436USD
    Other Cashflows From Financing Activities155,000USD—308,857USD———119,000USD—
    Issuance Of Capital Stock—11,871,000USD4,182,000USD——1,115,000USD——
    Total Cashflows From Investing Activities——-328,866USD—————
    Other Cashflows From Investing Activities——-328,866USD—————
    Unclassified Financing Cash Flow——-4,182,000USD—————
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    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 20172017-12-31 · USD
    Net Income-8,878,000USD-5,655,000USD-8,244,000USD-10,096,000USD-8,494,000USD-880,851USD-4,365,360USD-4,309,000USD
    Depreciation5,000USD352,000USD182,000USD174,000USD——12,269USD—
    Stock Based Compensation564,000USD229,000USD271,000USD398,000USD——348,451USD416,063USD
    Other Non Cash Items238,000USD————-420,584USD711,645USD1,363,094USD
    Change In Working Capital452,000USD-1,193,000USD-752,000USD605,000USD—-303,641USD63,199USD-356,633USD
    Total Cash From Operating Activities-6,999,000USD-5,725,000USD-8,511,000USD-8,919,000USD—-1,605,076USD-3,590,516USD-2,886,476USD
    Capital Expenditures-581,000USD0USD-118,000USD-11,000USD0USD0USD0USD0USD
    Free Cash Flow-7,580,000USD-5,725,000USD-8,629,000USD-8,930,000USD—-1,605,076USD-3,590,516USD-2,886,476USD
    Investments-124,000USD0USD——————
    Total Cash From Financing Activities18,347,000USD4,332,000USD8,507,000USD-528,000USD—96,988USD8,850,000USD2,390,000USD
    Issuance Of Capital Stock18,546,000USD4,381,000USD8,507,000USD0USD————
    Change In Cash10,643,000USD-1,393,000USD-122,000USD-9,458,000USD—-1,508,088USD-3,590,516USD-496,476USD
    Begin Period Cash Flow2,002,000USD3,395,000USD3,517,000USD12,975,000USD884,137USD2,392,225USD5,982,741USD1,152,766USD
    End Period Cash Flow12,645,000USD2,002,000USD3,395,000USD3,517,000USD12,975,000USD884,137USD2,392,225USD656,290USD
    Change To Account Receivables—105,000USD-67,000USD1,000USD——4,561USD5,355USD
    Change To Inventory—83,000USD75,000USD-434,000USD——-51,128USD-2,600USD
    Net Borrowings———0USD————
    Other Cashflows From Financing Activities—————96,988USD8,850,000USD2,390,000USD
    Total Cashflows From Investing Activities——————141,545USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q3 2025Quarterly · 2025-09-30ProductProduct161,000USD0001437749-25-035216
    Q3 2025Quarterly · 2025-09-30ProductReturns-15,000USD0001437749-25-035216
    Q3 2025Quarterly · 2025-09-30ProductShipping And Handling1,000USD0001437749-25-035216
    Q3 2024Quarterly · 2024-09-30ProductProduct146,000USD0001437749-25-035216
    Q3 2024Quarterly · 2024-09-30ProductReturns-20,000USD0001437749-25-035216
    Q3 2024Quarterly · 2024-09-30ProductShipping And Handling0USD0001437749-25-035216

    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.