ABEO Abeona Therapeutics Inc. - Common Stock
NASDAQ · Biotechnology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 13, 2026
$5.03
· of 52w range
· above low
· to high
$4.0052w low
$7.6552w high
Market Cap (MRQ)
$288M
P/E
5.0
EPS
$1.01
Revenue
$6M
your badges
52W Range
$4–$8
Analyst Rating
BUY
Price Target
$19
P/E
5.0
ROE
44.1%
Net Profit Margin
1223.1%
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ABEO Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$5.03
Market Cap (MRQ)
$288M
P/E
5.0
EPS
$1.01
Revenue
$6M
ROE
44.1%
Debt/Equity (MRQ)
0.1
52W Range
$4–$8
ABEO Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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Stock splits
| Ex-date | Split | Type |
|---|---|---|
| July 5, 2022 | 1-for-25 | Reverse |
| Oct. 24, 2014 | 1-for-50 | Reverse |
| June 5, 2006 | 1-for-5 | Reverse |
| June 18, 1998 | 1-for-20 | Reverse |
| April 16, 1992 | 1-for-2 | Reverse |
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$6M2016-12-31 → 2025-12-31
EPS$1.012022-12-31 → 2025-12-31
Free Cash Flow$-84M2016-12-31 → 2025-12-31
Net margin1223.1%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | ABEO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | 5.05Y avg ≈-0.4 | ≈-0.4 | · | · | |
| P/S | 47.65Y avg ≈168.3 | ≈168.3 | 48.2 | Overvalued | |
| P/B (MRQ) | 2.25Y avg ≈10.2 | ≈10.2 | 1.8 | Overvalued | |
| EV / EBITDA (TTM) | -1.9 | · | · | · | |
| Price / FCF (TTM) | -3.55Y avg ≈-7.3 | ≈-7.3 | · | · | |
| Price / Cash Flow (TTM) | -3.85Y avg ≈-7.7 | ≈-7.7 | · | · | |
| EV / Revenue | 18.1 | · | · | · | |
| EV / FCF (TTM) | -1.9 | · | · | · | |
| Price / Tangible Book | 1.75Y avg ≈9.8 | ≈9.8 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | ABEO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin | -1536.9%5Y avg ≈-1959.4% | ≈-1959.4% | -126.3% | In line | |
| EBITDA Margin | -1493.1%5Y avg ≈-1886.9% | ≈-1886.9% | -126.3% | In line | |
| Pretax Margin | 1224.8% | · | -123.5% | Weak | |
| Net Profit Margin | 1223.1%5Y avg ≈-1052.1% | ≈-1052.1% | -177.4% | In line | |
| ROA | 43.3%5Y avg ≈-47.1% | ≈-47.1% | -34.3% | Top tier | |
| ROE | 44.1%5Y avg ≈-130.3% | ≈-130.3% | -38.3% | Top tier | |
| ROIC | -49.8% | · | -39.4% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | ABEO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.1 | · | · | · | |
| Current Ratio (MRQ) | 6.65Y avg ≈5.1 | ≈5.1 | 7.5 | In line | |
| Quick Ratio (MRQ) | 6.35Y avg ≈4.8 | ≈4.8 | 7.1 | In line | |
| Long-Term Debt / Equity (MRQ) | 0.0 | · | · | · | |
| Interest Coverage | -23.95Y avg ≈-44.1 | ≈-44.1 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | ABEO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 147.5%5Y avg ≈8.2% | ≈8.2% | · | · | |
| Revenue CAGR 3Y | 60.3% | · | · | · | |
| Revenue CAGR 5Y | -10.3% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | ABEO | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.05Y avg ≈0.0 | ≈0.0 | 0.1 | Weak | |
| Inventory Turnover | 0.6 | · | · | · | |
| Receivables Turnover | 1.9 | · | 3.6 | Weak | |
| Revenue / Employee | ≈$25.8K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Mar 31, 2000 | $3706.25 | USD | ≈8.5% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
5.3%
Next Report
Nov 10, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 13, 2026 | $-0.35 | $-0.23 | -49.2% |
| March 31, 2026 | May 13, 2026 | $-0.30 | $-0.36 | 17.3% |
| Dec. 31, 2025 | $-0.37 | $-0.36 | -2.0% | |
| Sept. 30, 2025 | $-0.10 | $-0.30 | 66.2% | |
| June 30, 2025 | $-0.53 | $-0.39 | -36.1% | |
| March 31, 2025 | $-0.24 | $-0.37 | 35.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6M | · | $4M | $1M | $3M | $10M | · | $3M | $837.0K | $889.0K | $1M | $925.0K | |
| Cost of Revenue | $2M | · | · | · | · | · | · | · | · | · | · | $0 | |
| R&D Expense | $27M | $34M | $31M | $29M | $39M | $30M | $49M | $39M | $17M | $11M | $5M | $333.0K | |
| SG&A Expense | $65M | $30M | $19M | $17M | $22M | $24M | $21M | $20M | $11M | $13M | $14M | $4M | |
| Operating Expenses | $95M | $64M | $51M | $52M | $93M | $91M | $77M | $61M | $29M | $25M | $20M | $4M | |
| Operating Income | $-89M | $-64M | $-47M | $-51M | $-90M | $-81M | $-77M | $-58M | $-28M | $-24M | $-19M | $-3M | |
| Interest Expense | $4M | $4M | $418.0K | $736.0K | $4M | $4M | · | · | · | · | · | · | |
| Interest Income | $6M | $4M | $2M | $431.0K | $40.0K | · | · | · | · | · | · | · | |
| Other Non-op | $410.0K | $1M | $3M | $141.0K | · | · | · | · | $517.0K | $2M | $4M | $-24M | |
| Pretax Income | $71M | $-64M | · | · | · | · | · | · | · | · | · | · | |
| Income Tax | $100.0K | · | · | · | · | · | · | · | · | $0 | $0 | $0 | |
| Net Income | $71M | $-64M | $-54M | $-40M | $-85M | $-84M | $-76M | $-57M | $-27M | $-22M | $-15M | $-27M | |
| EPS (Basic) | $1.34 | $-1.55 | $-2.53 | $-5.53 | $-21.57 | · | · | · | · | · | · | $-15.26 | |
| EPS (Diluted) | $1.01 | $-1.55 | $-2.53 | $-5.53 | · | · | · | · | · | · | · | $-15.26 | |
| Shares (Basic) | 52,952,917 | 41,048,206 | 21,380,476 | 7,861,515 | 3,937,676 | · | · | · | · | 34,180,253 | 27,597,434 | 1,942,905 | |
| Shares (Diluted) | 66,135,821 | 41,048,206 | 21,380,476 | 7,861,515 | · | · | · | · | · | · | · | 1,942,905 | |
| EBITDA | $-87M | $-62M | $-45M | · | $-87M | $-77M | $-69M | $-56M | $-27M | $-23M | $-18M | $-3M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $78M | $23M | $14M | $14M | $33M | $13M | $129M | $19M | $138M | $69M | $40M | $12M | |
| Short-term Investments | $113M | $74M | $38M | $38M | $12M | $82M | · | $66M | $0 | · | · | · | |
| Receivables | $6M | · | · | · | $3M | · | · | $81.0K | $107.0K | $124.0K | $115.0K | $35.0K | |
| Inventory | $5M | · | · | · | · | · | · | · | · | · | · | · | |
| Prepaid Expense | $1M | $1M | $729.0K | $424.0K | $2M | $3M | $3M | $4M | $3M | $155.0K | $315.0K | $0 | |
| Current Assets | $205M | $101M | $56M | $53M | $56M | $98M | $132M | $89M | $141M | $69M | $41M | $12M | |
| PP&E (Net) | $10M | $4M | $4M | $6M | $12M | $11M | $13M | $9M | $1M | $721.0K | $350.0K | $4.0K | |
| PP&E (Gross) | $27M | $19M | $17M | $18M | $23M | $19M | $17M | $11M | $2M | $900.0K | $381.0K | $14.0K | |
| Accum. Depreciation | $17M | $15M | $13M | $12M | $10M | $7M | $4M | $2M | $386.0K | $179.0K | $31.0K | $10.0K | |
| Goodwill | · | · | · | · | · | $32M | $32M | $32M | $32M | $32M | $32M | $0 | |
| Intangibles | · | · | · | · | $1M | $2M | $36M | $43M | $4M | $8M | $7M | $5M | |
| Other Non-current Assets | $781.0K | $96.0K | $277.0K | $43.0K | $168.0K | · | · | · | · | · | · | · | |
| Total Assets | $220M | $109M | $64M | $64M | $80M | $151M | $223M | $174M | $179M | $111M | $80M | $17M | |
| Accounts Payable | $8M | $3M | $2M | $2M | $4M | $5M | $4M | $6M | $2M | $4M | $875.0K | $2M | |
| Accrued Liabilities | $8M | $6M | $6M | $4M | $6M | $3M | $6M | $4M | $512.0K | · | · | $0 | |
| Short-term Debt | · | · | · | · | · | · | · | · | · | · | $0 | $400.0K | |
| Current Liabilities | $30M | $17M | $13M | $8M | $17M | $42M | $39M | $20M | $6M | $8M | $1M | $3M | |
| Capital Leases | $4M | $3M | $4M | $6M | $8M | $5M | $6M | · | · | · | · | · | |
| Other Non-current Liabilities | · | · | · | · | $200.0K | · | · | · | · | · | · | · | |
| Total Liabilities | $60M | $65M | $49M | $37M | $37M | $49M | $45M | $40M | $9M | $12M | $12M | $12M | |
| Long-term Debt | $20M | $19M | · | · | · | · | · | · | · | · | · | · | |
| Total Debt | $20M | $19M | · | · | · | · | · | · | · | · | $0 | $400.0K | |
| Common Stock | $550.0K | $457.0K | $265.0K | $177.0K | $1M | $961.0K | $836.0K | $479.0K | $469.0K | $403.0K | $328.0K | $200.0K | |
| Paid-in Capital | $901M | $857M | $764M | $722M | $697M | · | · | · | · | · | $378M | $301M | |
| Retained Earnings | $-742M | $-813M | $-750M | $-695M | $-656M | $-571M | $-486M | $-410M | $-360M | $-332M | $-311M | $-296M | |
| Treasury Stock | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| AOCI | $138.0K | $8.0K | $-66.0K | $-129.0K | $-27.0K | $-10.0K | · | · | · | · | · | · | |
| Stockholders' Equity | $159M | $44M | $15M | $27M | $42M | $103M | $178M | $134M | $170M | $99M | $68M | $5M | |
| Liabilities + Equity | $220M | $109M | $64M | $64M | $80M | $151M | $223M | $174M | $179M | $111M | $80M | $17M | |
| Shares Outstanding | 55,043,413 | 45,644,091 | 26,523,878 | 17,719,720 | 5,888,217 | 96,131,678 | 83,622,135 | 47,944,486 | 46,888,108 | 40,254,457 | · | · |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3M | $2M | $2M | $3M | $3M | $5M | $8M | $2M | $741.0K | $825.0K | $551.0K | $11.0K | |
| Stock-based Comp | $11M | $7M | $5M | $3M | · | · | · | · | · | · | $4M | $1M | |
| Amort. of Intangibles | · | · | · | · | $116.0K | $1M | $5M | $1M | $500.0K | $677.0K | $538.0K | $9.0K | |
| Other Non-cash | $-161M | $-913.0K | $10M | · | $16M | $45M | $6M | $15M | $4M | $8M | $-816.0K | $24M | |
| Operating Cash Flow | $-76M | $-56M | $-37M | $-43M | $-66M | $-35M | $-63M | $-39M | $-23M | $-13M | $-10M | $-2M | |
| CapEx | $8M | $2M | $331.0K | $130.0K | $4M | $1M | $6M | $9M | $860.0K | $519.0K | $308.0K | $0 | |
| Investing Cash Flow | $105M | $-39M | $208.0K | $-24M | $66M | $-84M | $60M | $-85M | $-860.0K | $-519.0K | · | · | |
| Debt Issued | · | $20M | · | · | · | · | · | · | · | · | · | · | |
| Net Debt Issued | · | $20M | · | · | · | · | · | · | · | · | · | · | |
| Stock Issued | $17M | $15M | $14M | $13M | $8M | · | $17M | · | · | · | $7M | $0 | |
| Net Stock Activity | $17M | $15M | $14M | · | $8M | · | $17M | · | · | · | $7M | $12M | |
| Financing Cash Flow | $26M | $104M | $37M | $43M | $25M | $2M | $114M | $5M | $92M | $43M | · | · | |
| Net Change in Cash | $55M | $9M | $256.0K | $-24M | $25M | $-117M | $111M | $-119M | $69M | $29M | $29M | $11M | |
| Taxes Paid | · | $7.0K | $14.0K | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $-84M | $-58M | $-37M | · | $-70M | $-36M | $-69M | $-48M | $-24M | $-14M | $-11M | $-2M | |
| Levered FCF | $-88M | · | · | · | · | · | · | · | · | · | · | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -1536.9% | · | -1346.7% | · | -2994.5% | -814.2% | · | -1940.2% | -3325.7% | -2686.3% | -1783.3% | -338.5% | |
| Net Margin | 1223.1% | · | -1548.2% | · | -2831.2% | -842.3% | · | -1890.3% | -3263.9% | -2460.4% | -1396.7% | -2894.9% | |
| Pretax Margin | 1224.8% | · | · | · | · | · | · | · | · | · | · | · | |
| EBITDA Margin | -1493.1% | · | -1281.3% | · | -2886.2% | -768.3% | · | -1861.4% | -3237.2% | -2593.5% | -1730.3% | -337.3% | |
| ROA | 43.3% | -73.7% | -84.5% | · | -73.6% | -45.0% | -38.4% | -32.1% | -18.9% | -22.9% | -30.1% | -311.5% | |
| ROE | 44.1% | -141.9% | -294.0% | · | -129.6% | -77.4% | -55.6% | -39.9% | -21.1% | -27.2% | -22.8% | 537.5% | |
| ROIC | -49.8% | · | · | · | · | · | · | · | · | · | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.9 | 6.1 | 4.2 | · | 3.3 | 2.3 | 3.4 | 4.4 | 25.1 | 8.4 | 27.5 | 4.0 | |
| Quick Ratio | 6.7 | 5.9 | 3.9 | · | 2.9 | 2.3 | 3.3 | 4.2 | 24.6 | 8.3 | 27.3 | 4.0 | |
| Debt / Equity | 0.1 | 0.4 | · | · | · | · | · | · | · | · | 0.0 | 0.1 | |
| LT Debt / Equity | 0.0 | 0.3 | · | · | · | · | · | · | · | · | · | · | |
| Interest Coverage | -23.9 | -15.3 | -112.8 | · | -24.5 | · | · | · | · | · | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | · | 0.1 | · | 0.0 | 0.1 | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | |
| Inventory Turnover | 0.6 | · | · | · | · | · | · | · | · | · | · | · | |
| Receivables Turnover | 1.9 | · | · | · | 2.0 | · | · | 31.9 | 7.2 | 7.4 | 13.9 | 17.0 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $2.89 | $0.96 | $0.56 | · | $0.35 | $1.07 | $2.13 | $2.80 | $3.63 | · | · | · | |
| Revenue / Share | $0.09 | · | $0.16 | · | · | · | · | · | · | · | · | $0.48 | |
| Cash Flow / Share | $-1.15 | $-1.36 | $-1.73 | · | · | · | · | · | · | · | · | $-0.83 | |
| Cash / Share | $1.43 | $0.51 | $0.55 | · | $0.22 | $0.13 | $1.55 | $0.39 | $2.94 | · | · | · | |
| EPS (TTM) | $1.01 | $-1.55 | $-2.53 | $-5.53 | $-6.46 | $-6.46 | $-6.46 | $-6.46 | $-6.46 | $-6.46 | $-6.46 | $-15.26 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | · | · | 147.5% | -52.9% | -70.0% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 60.3% | · | -29.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | -10.3% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $6M | · | $4M | $1M | $3M | $10M | $3M | $3M | $837.0K | $889.0K | $1M | $925.0K | |
| Net Income TTM | $71M | $-64M | $-54M | $-40M | $-85M | $-84M | $-76M | $-57M | $-27M | $-22M | $-15M | $-27M | |
| Market Cap | $290M | $254M | $133M | · | $1.25B | $3.77B | $6.84B | $8.56B | $18.58B | · | · | · | |
| Enterprise Value | $119M | $175M | · | · | · | · | · | · | · | · | · | · | |
| P/E | 5.2 | -3.6 | -2.0 | -0.6 | -1.3 | -6.1 | -12.7 | -27.6 | -61.3 | -18.8 | -13.0 | -5.7 | |
| P/S | 49.8 | · | 38.0 | · | 417.1 | 377.3 | 2499.5 | 2854.6 | 22197.6 | · | · | · | |
| P/B | 1.8 | 5.8 | 9.0 | · | 24.4 | 36.8 | 38.3 | 63.8 | 109.2 | · | · | · | |
| P / Tangible Book | 1.8 | 5.8 | 9.0 | 2.0 | 30.5 | 55.0 | · | · | · | · | · | · | |
| P / Cash Flow | -3.8 | -4.5 | -3.6 | · | -19.1 | -107.7 | -108.8 | -218.8 | -810.1 | · | · | · | |
| P / FCF | -3.4 | -4.3 | -3.6 | · | -17.9 | -103.8 | -98.9 | -177.0 | -780.8 | · | · | · | |
| EV / EBITDA | -1.4 | -2.8 | · | · | · | · | · | · | · | · | · | · | |
| EV / FCF | -1.4 | -3.0 | · | · | · | · | · | · | · | · | · | · | |
| EV / Revenue | 20.4 | · | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 19.2% | -27.8% | -50.5% | -179.6% | -76.0% | -16.5% | -7.9% | -3.6% | -1.6% | -5.3% | -7.7% | -17.7% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11M | $9M | $5M | · | $400.0K | · | · | · | · | · | $0 | · | $4M | · | $68.0K | · | |
| Cost of Revenue | $4M | $3M | $1M | $488.0K | · | · | · | · | · | · | · | · | · | · | · | · | |
| R&D Expense | $5M | $10M | $7M | $4M | $6M | $10M | $9M | $9M | $9M | $7M | $7M | $7M | $9M | $8M | $6M | $5M | |
| SG&A Expense | $16M | $20M | $19M | $19M | $17M | $10M | $8M | $6M | $9M | $7M | $6M | $4M | $5M | $4M | $6M | $4M | |
| Operating Expenses | $25M | $32M | $28M | $24M | $23M | $20M | $17M | $15M | $18M | $14M | $13M | $11M | $14M | $12M | $13M | $9M | |
| Operating Income | $-14M | $-23M | $-23M | $-24M | $-23M | $-20M | $-17M | $-15M | $-18M | $-14M | $-13M | $-11M | $-11M | $-12M | $-13M | $-9M | |
| Interest Expense | $696.0K | $830.0K | $884.0K | $901.0K | $957.0K | $998.0K | $1M | $1M | $1M | $952.0K | $109.0K | $105.0K | $103.0K | $101.0K | $178.0K | $157.0K | |
| Interest Income | $1M | $1M | $2M | $2M | $1M | $1M | $1M | $1M | $1M | $843.0K | $743.0K | $593.0K | $417.0K | $364.0K | $321.0K | $72.0K | |
| Other Non-op | $-6.0K | $50.0K | $51.0K | $129.0K | $89.0K | $141.0K | $663.0K | $145.0K | $224.0K | $162.0K | $214.0K | $111.0K | $2M | $403.0K | $277.0K | $-19.0K | |
| Pretax Income | $-20M | $-17M | $-21M | $-20M | $124M | $-12M | $-9M | $-30M | $7M | · | · | · | · | · | · | · | |
| Income Tax | · | $2.0K | $-215.0K | $-15M | $16M | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income | $-20M | $-17M | $-20M | $-5M | $109M | $-12M | $-9M | $-30M | $7M | $-32M | $-17M | $-12M | $-17M | $-9M | $-7M | $-6M | |
| EPS (Basic) | $-0.35 | $-0.30 | $-0.39 | $-0.10 | $2.07 | $-0.24 | $0.05 | $-0.63 | $0.19 | $-1.16 | $-0.59 | $-0.48 | $-0.92 | $-0.54 | $-2.09 | $-1.00 | |
| EPS (Diluted) | $-0.35 | $-0.30 | $-0.36 | $-0.10 | $1.71 | $-0.24 | $0.50 | $-0.63 | $-0.26 | $-1.16 | $-0.59 | $-0.48 | $-0.92 | $-0.54 | $0.52 | $-1.00 | |
| Shares (Basic) | 57,048,385 | 56,620,920 | · | 54,242,507 | 52,524,510 | 49,778,801 | · | 48,081,758 | 40,010,481 | 27,315,537 | · | 24,797,564 | 18,017,874 | 16,904,024 | · | 6,421,245 | |
| Shares (Diluted) | 57,048,385 | 56,620,920 | · | 54,242,507 | 66,640,620 | 49,778,801 | · | 48,081,758 | 51,226,715 | 27,315,537 | · | 24,797,564 | 18,017,874 | 16,904,024 | · | 6,421,245 | |
| EBITDA | $-14M | $-22M | · | $-24M | $-23M | $-19M | · | $-15M | $-18M | $-14M | · | $-11M | $-11M | $-11M | · | $-9M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $56M | $61M | $78M | $83M | $164M | $16M | $23M | $16M | $34M | $18M | $14M | $5M | $6M | $5M | $14M | $6M | |
| Short-term Investments | $91M | $107M | $113M | $124M | $62M | $68M | $74M | $94M | $88M | $45M | $38M | $49M | $31M | $36M | $38M | $12M | |
| Receivables | $9M | $6M | $6M | · | · | · | · | · | · | · | · | · | $4M | · | · | · | |
| Inventory | $6M | $6M | $5M | $5M | $3M | · | · | · | · | · | · | · | · | · | · | · | |
| Prepaid Expense | $2M | $2M | $1M | $2M | $2M | $2M | $1M | $1M | $1M | $2M | $729.0K | $963.0K | $1M | $2M | $424.0K | $945.0K | |
| Current Assets | $165M | $183M | $205M | $216M | $232M | $88M | $101M | $113M | $126M | $67M | $56M | $57M | $44M | $43M | $53M | $25M | |
| PP&E (Net) | $10M | $11M | $10M | $10M | $9M | $7M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $5M | $6M | $7M | |
| PP&E (Gross) | $29M | $28M | $27M | $27M | $26M | $22M | $19M | $18M | $18M | $17M | $17M | $17M | $17M | $18M | $18M | $18M | |
| Accum. Depreciation | $19M | $18M | $17M | $16M | $16M | $16M | $15M | $14M | $14M | $13M | $13M | $13M | $12M | $13M | $12M | $12M | |
| Intangibles | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | · | · | |
| Other Non-current Assets | $827.0K | $827.0K | $781.0K | $541.0K | $338.0K | $57.0K | $96.0K | $88.0K | $100.0K | $114.0K | $277.0K | · | · | · | $43.0K | $20.0K | |
| Total Assets | $180M | $198M | $220M | $231M | $246M | $99M | $109M | $121M | $134M | $75M | $64M | $66M | $54M | $53M | $64M | $39M | |
| Accounts Payable | $3M | $4M | $8M | $6M | $7M | $5M | $3M | $3M | $3M | $3M | $2M | $3M | $3M | $3M | $2M | $2M | |
| Accrued Liabilities | $7M | $5M | $8M | $7M | $5M | $4M | $6M | $5M | $5M | $3M | $6M | $4M | $4M | $3M | $4M | $4M | |
| Current Liabilities | $25M | $31M | $30M | $22M | $35M | $18M | $17M | $18M | $17M | $12M | $13M | $8M | $9M | $7M | $8M | $13M | |
| Capital Leases | $4M | $4M | $4M | $4M | $4M | $4M | $3M | $3M | $3M | $4M | $4M | $4M | $4M | $6M | $6M | $6M | |
| Other Non-current Liabilities | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $200.0K | |
| Total Liabilities | $51M | $54M | $60M | $60M | $83M | $58M | $65M | $75M | $61M | $84M | $49M | $44M | $44M | $35M | $37M | $23M | |
| Long-term Debt | $15M | $18M | $20M | $20M | $20M | $19M | $19M | $19M | $18M | $18M | · | · | · | · | · | · | |
| Total Debt | $15M | $18M | · | $20M | $20M | $19M | · | $19M | $18M | $18M | · | · | · | · | · | · | |
| Common Stock | $572.0K | $568.0K | $550.0K | $524.0K | $512.0K | $490.0K | $457.0K | $434.0K | $417.0K | $276.0K | $265.0K | $247.0K | $215.0K | $179.0K | $177.0K | $77.0K | |
| Paid-in Capital | $907M | $904M | $901M | $892M | $880M | $866M | $857M | $849M | $847M | $772M | $764M | $755M | $730M | $723M | $722M | $710M | |
| Retained Earnings | $-779M | $-759M | $-742M | $-722M | $-716M | $-825M | $-813M | $-804M | $-774M | $-781M | $-750M | $-733M | $-721M | $-704M | $-695M | $-694M | |
| AOCI | $-79.0K | $-21.0K | $138.0K | $10.0K | $-45.0K | $-67.0K | $8.0K | $-84.0K | $-134.0K | $-184.0K | $-66.0K | $-99.0K | $-95.0K | $-65.0K | $-129.0K | $-44.0K | |
| Stockholders' Equity | $128M | $145M | $159M | $171M | $164M | $41M | $44M | $46M | $73M | $-9M | $15M | $22M | $9M | $19M | $27M | $15M | |
| Liabilities + Equity | $180M | $198M | $220M | $231M | $246M | $99M | $109M | $121M | $134M | $75M | $64M | $66M | $54M | $53M | $64M | $39M | |
| Shares Outstanding | 57,225,919 | 56,866,381 | 55,043,413 | 52,400,415 | 51,248,032 | 48,953,171 | 45,644,091 | 43,404,706 | 41,661,993 | 27,550,593 | 26,523,878 | 24,713,908 | 21,478,157 | 17,929,344 | 17,719,720 | 7,671,351 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $665.0K | $690.0K | $863.0K | $608.0K | $544.0K | $534.0K | $539.0K | $487.0K | $487.0K | $491.0K | $491.0K | $521.0K | $615.0K | $661.0K | $729.0K | $780.0K | |
| Stock-based Comp | $3M | $3M | $3M | $3M | $3M | $3M | $2M | $2M | $1M | $2M | $2M | $2M | $927.0K | $770.0K | · | · | |
| Other Non-cash | · | $-6M | · | · | · | $-10M | · | · | · | $15M | · | · | · | $-3M | · | · | |
| Operating Cash Flow | $-17M | $-20M | $-18M | $-21M | $-19M | $-18M | $-17M | $-12M | $-13M | $-15M | $-9M | $-6M | $-10M | $-12M | $-14M | $-7M | |
| CapEx | $479.0K | $935.0K | $1M | $3M | $3M | $1M | $606.0K | $404.0K | $711.0K | $725.0K | $37.0K | $44.0K | $32.0K | $218.0K | $25.0K | $2.0K | |
| Investing Cash Flow | $16M | $5M | $10M | $-65M | $156M | $4M | $19M | $-6M | $-44M | $-8M | $12M | $-19M | $5M | $2M | $-25M | $2M | |
| Debt Issued | · | · | · | · | · | · | $0 | $0 | $0 | $20M | · | · | · | · | · | · | |
| Net Debt Issued | · | $-2M | · | · | · | · | · | · | · | $20M | · | · | · | · | · | · | |
| Stock Issued | · | · | $0 | $0 | $11M | $7M | $6M | $0 | $4M | $6M | $8M | $0 | · | · | $9M | · | |
| Net Stock Activity | · | · | · | · | · | $7M | · | · | · | $6M | · | · | · | · | · | · | |
| Financing Cash Flow | $-3M | $-2M | $4M | $5M | $10M | $7M | $5M | $-299.0K | $74M | $25M | $7M | $23M | $7M | $-4.0K | $43M | $4M | |
| Net Change in Cash | $-5M | $-17M | $-5M | $-81M | $148M | $-7M | $8M | $-19M | $17M | $3M | $10M | $-2M | $2M | $-10M | $3M | $-953.0K | |
| Taxes Paid | · | · | · | · | · | · | $0 | $0 | $-1.0K | $8.0K | $7.0K | $1.0K | $0 | $6.0K | · | · | |
| Free Cash Flow | · | $-21M | · | · | · | $-20M | · | · | · | $-15M | · | · | · | $-12M | · | · | |
| Levered FCF | · | $-22M | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -120.0% | -264.1% | · | · | -5698.0% | · | · | · | · | · | · | · | -301.5% | · | · | · | |
| Net Margin | -177.4% | -195.8% | · | · | 27208.2% | · | · | · | · | · | · | · | -475.8% | · | · | · | |
| Pretax Margin | -177.4% | -195.8% | · | · | 31086.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EBITDA Margin | -120.0% | -256.2% | · | · | -5698.0% | · | · | · | · | · | · | · | -301.5% | · | · | · | |
| ROA | -9.5% | -11.5% | · | -2.9% | 57.2% | -13.8% | · | -32.4% | 7.9% | -49.3% | · | -22.6% | -33.9% | -16.8% | · | -12.0% | |
| ROE | -13.9% | -18.3% | · | -4.8% | 91.9% | -74.0% | · | -89.3% | 17.9% | -640.6% | · | -63.2% | -113.2% | -36.3% | · | -19.9% | |
| ROIC | · | -14.1% | · | -3.2% | -10.9% | · | · | · | · | · | · | · | · | · | · | · |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.6 | 5.9 | · | 9.7 | 6.7 | 4.9 | · | 6.1 | 7.5 | 5.6 | · | 6.8 | 4.7 | 5.8 | · | 2.0 | |
| Quick Ratio | 6.3 | 5.6 | · | 9.3 | 6.5 | 4.7 | · | 6.0 | 7.3 | 5.2 | · | 6.4 | 4.3 | 5.4 | · | 1.4 | |
| Debt / Equity | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.5 | · | 0.4 | 0.3 | -2.0 | · | · | · | · | · | · | |
| LT Debt / Equity | 0.0 | 0.0 | · | 0.1 | 0.1 | 0.3 | · | 0.3 | 0.2 | -2.0 | · | · | · | · | · | · | |
| Interest Coverage | -19.6 | -27.8 | · | -26.7 | -23.8 | -19.8 | · | -13.9 | -16.7 | -15.1 | · | -107.9 | -102.5 | -119.2 | · | -59.7 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | · | 0.0 | · | · | · | · | · | · | · | 0.1 | · | · | · | |
| Inventory Turnover | 1.0 | 0.9 | · | 0.2 | · | · | · | · | · | · | · | · | · | · | · | · | |
| Receivables Turnover | 1.8 | 2.8 | · | · | · | · | · | · | · | · | · | · | 1.6 | · | · | · |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $2.24 | $2.55 | · | $3.27 | $3.19 | $0.85 | · | $1.05 | $1.76 | $-0.32 | · | $0.89 | $0.44 | $1.05 | · | $2.01 | |
| Revenue / Share | $0.20 | $0.15 | · | · | $0.01 | · | · | · | · | · | · | · | $0.19 | · | · | · | |
| Cash Flow / Share | · | $-0.35 | · | · | · | $-0.37 | · | · | · | $-0.53 | · | · | · | · | · | · | |
| Cash / Share | $0.98 | $1.08 | · | $1.58 | $3.19 | $0.33 | · | $0.36 | $0.83 | $0.64 | · | $0.19 | $0.29 | $0.26 | · | $0.75 | |
| EPS (TTM) | $-1.11 | $0.95 | · | $1.87 | $1.34 | $-0.63 | · | $-2.64 | $-2.49 | $-3.15 | · | $-1.42 | $-1.94 | $0.34 | · | · |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | $-63M | $66M | · | $82M | $57M | $-44M | · | $-71M | $-53M | $-77M | · | $-45M | $-39M | $-27M | · | $-79M | |
| Market Cap | $354M | $255M | · | $277M | $291M | $233M | · | $274M | $177M | $200M | · | $104M | $87M | $51M | · | $23M | |
| Enterprise Value | $222M | $105M | · | $89M | $85M | $168M | · | $183M | $72M | $155M | · | · | · | · | · | · | |
| P/E | -5.6 | 4.7 | · | 2.8 | 4.2 | -7.6 | · | -2.4 | -1.7 | -2.3 | · | -3.0 | -2.1 | 8.3 | · | · | |
| P/B | 2.8 | 1.8 | · | 1.6 | 1.8 | 5.6 | · | 6.0 | 2.4 | -22.5 | · | 4.7 | 9.3 | 2.7 | · | 1.5 | |
| P / Tangible Book | 2.8 | 1.8 | · | 1.6 | 1.8 | 5.6 | · | 6.0 | 2.4 | · | · | 4.7 | 9.3 | 2.7 | · | 1.5 | |
| P / Cash Flow | · | -12.9 | · | · | · | -12.7 | · | · | · | -13.7 | · | · | · | -4.3 | · | · | |
| Earnings Yield | -18.0% | 21.2% | · | 35.4% | 23.6% | -13.2% | · | -41.8% | -58.7% | -43.5% | · | -33.7% | -48.1% | 12.1% | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $6M | · | $4M | $1M | $3M |
| Operating Margin % | -1536.9% | · | -1346.7% | · | -2994.5% |
| Net Income | $71M | $-64M | $-54M | $-40M | $-85M |
| Diluted EPS | $1.01 | $-1.55 | $-2.53 | $-5.53 | · |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.1 | 0.4 | · | · | · |
| Current Ratio | 6.9 | 6.1 | 4.2 | · | 3.3 |
| Quick Ratio | 6.7 | 5.9 | 3.9 | · | 2.9 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-84M | $-58M | $-37M | · | $-70M |
Institutional owners (13F) 136 filers · $268.1M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
136
Value held
$268.1M
New positions
31
Exited positions
12
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 31 (+12 vs prior Q) | 12 (+1 vs prior Q) | 42 (-4 vs prior Q) | 37 (+4 vs prior Q) | -564K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Nantahala Capital Management, LLC | $31,743,508 | 5,136,490 | 11.84% | Shares |
| BlackRock, Inc. | $20,718,290 | 3,352,474 | 7.73% | Shares |
| Cable Car Capital, LP | $18,585,293 | 3,007,329 | 6.93% | Shares |
| AIGH Capital Management LLC | $18,459,660 | 2,987,000 | 6.88% | Shares |
| VANGUARD GROUP INC | $14,530,144 | 2,757,143 | 5.42% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $13,666,656 | 2,211,433 | 5.10% | Shares |
| OneDigital Investment Advisors LLC | $10,215,688 | 1,653,024 | 3.81% | Shares |
| AWM Investment Company, Inc. | $9,184,283 | 1,486,130 | 3.43% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $7,795,208 | 1,261,090 | 2.91% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $7,663,639 | 1,240,071 | 2.86% | Shares |
| GOLDMAN SACHS GROUP INC | $7,569,301 | 1,224,806 | 2.82% | Shares |
| STATE STREET CORP | $6,428,609 | 1,040,228 | 2.40% | Shares |
| Nantahala Capital Management, LLC | $6,303,600 | 1,020,000 | 2.35% | Call option |
| Propel Bio Management, LLC | $6,075,373 | 983,070 | 2.27% | Shares |
| NAN FUNG TRINITY (HK) LTD | $5,912,839 | 956,770 | 2.21% | Shares |
| Diametric Capital, LP | $4,666,029 | 755,021 | 1.74% | Shares |
| J. Goldman & Co LP | $4,191,109 | 678,173 | 1.56% | Shares |
| SILVERARC CAPITAL MANAGEMENT, LLC | $3,772,315 | 610,407 | 1.41% | Shares |
| Rubric Capital Management LP | $3,762,205 | 608,771 | 1.40% | Shares |
| Stonepine Capital Management, LLC | $3,444,015 | 557,284 | 1.28% | Shares |
| NORTHERN TRUST CORP | $3,415,253 | 552,630 | 1.27% | Shares |
| CITIGROUP INC | $3,388,494 | 548,300 | 1.26% | Shares |
| MONTANOVA CAPITAL, LLC | $3,090,000 | 500,000 | 1.15% | Shares |
| NATIONAL BANK OF CANADA /FI/ | $3,090,000 | 500,000 | 1.15% | Shares |
| Knoll Capital Management, LLC | $3,000,482 | 485,515 | 1.12% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $2,528,084 | 409,075 | 0.94% | Shares |
| BANK OF AMERICA CORP /DE/ | $2,301,470 | 372,406 | 0.86% | Shares |
| MORGAN STANLEY | $2,259,155 | 365,559 | 0.84% | Shares |
| TUDOR INVESTMENT CORP ET AL | $2,229,744 | 360,800 | 0.83% | Shares |
| BARCLAYS PLC | $2,202,718 | 356,427 | 0.82% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $2,150,751 | 348,018 | 0.80% | Shares |
| Simplify Asset Management Inc. | $2,134,671 | 345,416 | 0.80% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,802,416 | 291,653 | 0.67% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,722,366 | 278,700 | 0.64% | Call option |
| CITADEL ADVISORS LLC | $1,603,098 | 259,401 | 0.60% | Shares |
| GROUP ONE TRADING LLC | $1,514,384 | 245,046 | 0.56% | Shares |
| UBS Group AG | $1,379,864 | 223,279 | 0.51% | Shares |
| ExodusPoint Capital Management, LP | $1,312,168 | 212,325 | 0.49% | Shares |
| MILLENNIUM MANAGEMENT LLC | $1,306,050 | 211,335 | 0.49% | Shares |
| Bank of New York Mellon Corp | $1,262,239 | 204,246 | 0.47% | Shares |
| MARSHALL WACE, LLP | $1,204,030 | 194,827 | 0.45% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,201,250 | 194,377 | 0.45% | Shares |
| FMR LLC | $855,912 | 138,497 | 0.32% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $805,254 | 130,300 | 0.30% | Put option |
| Headlands Technologies LLC | $773,056 | 125,090 | 0.29% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $744,777 | 120,514 | 0.28% | Shares |
| CITADEL ADVISORS LLC | $698,958 | 113,100 | 0.26% | Call option |
| Palo Alto Investors LP | $672,786 | 108,865 | 0.25% | Shares |
| SEI INVESTMENTS CO | $652,361 | 105,560 | 0.24% | Shares |
| Gem Investment Advisors, LLC | $612,339 | 99,084 | 0.23% | Shares |
Activists & 5%+ owners 11 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 19, 2021 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 21, 2020 | · | Initial filing | Board campaign | SEC |
| Great Point Partners, LLC, Dr. Jeffrey R. Jay, M.D., Mr. David Kroin ×2 filings | April 22, 2020 | · | Initial filing | · | SEC |
| SCO Capital Partners LLC, Beach Capital LLC, Steven H. Rouhandeh ×3 filings | May 22, 2015 | · | Initial filing | Passive investment | SEC |
| Larry N. Feinberg, Oracle Associates, LLC, Oracle Partners, L.P., Oracle Institutional Partners, L.P. | Oct. 26, 2012 | · | Initial filing | · | SEC |
| IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SCO Capital Partners LLC, IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SCO Capital Partners, L.P., IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Beach Capital LLC, IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) SCO Securities LLC, IRS IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Steven H. Rouhandeh ×6 filings | June 19, 2009 | · | Initial filing | Passive investment | SEC |
| Larry N. Feinberg (b), Oracle Associates, LLC (b), Oracle Partners, L.P. (b), Oracle Institutional Partners, L.P. (b), Oracle Investment Management, Inc. (b), SAM Oracle Investments Inc. (b) | May 22, 2008 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 20, 2006 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 27, 2006 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Nov. 14, 2002 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Feb. 6, 2002 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 36 insiders · 14 officers · 26 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Vishwas Seshadri | Chief Executive Officer | Sept. 29, 2026 S | 1,286,500 | 0 | 8 | $-1,513,708 |
| Joao Siffert MD | Chief Executive Officer | May 20, 2020 A | 100,000 | 0 | 0 | $0 |
| Carsten Thiel | Chief Executive Officer | March 29, 2018 A | · | 0 | 0 | $0 |
| Stephen R Seiler | President and CEO | Jan. 4, 2007 A | · | 0 | 0 | $0 |
| Kerry P Gray | President and CEO | Aug. 6, 2004 P | 183,340 | 0 | 0 | $0 |
| Joseph Walter Vazzano | Chief Financial Officer | Sept. 29, 2026 S | 482,888 | 0 | 8 | $-598,604 |
| Edward Carr | Chief Financial Officer | Oct. 8, 2021 S | 400,169 | 0 | 0 | $0 |
| Timothy J Miller | President & Chief Scientific Officer | April 9, 2019 A | · | 0 | 0 | $0 |
| Davis B Jeffrey | COO | Dec. 14, 2017 A | 300,000 | 0 | 0 | $0 |
| Madhav Vasanthavada | Chief Commercial Officer | Sept. 29, 2026 S | 285,721 | 0 | 6 | $-264,333 |
| Brendan M. O'Malley | SVP, Chief Legal Officer | Sept. 29, 2026 S | 421,226 | 0 | 5 | $-250,571 |
| Brian Jg Pereira | Executive Chairman | April 15, 2020 A | · | 0 | 0 | $0 |
| Stephen B Thompson | Sr VP Finance | Dec. 14, 2017 A | 84,896 | 0 | 0 | $0 |
| David P Nowotnik | Sr. VP R&D | March 22, 2012 E | 20,116 | 0 | 0 | $0 |
| Mark Alvino | Director | Sept. 1, 2026 S | 62,065 | 0 | 5 | $-275,275 |
| Leila Alland | Director | June 30, 2026 S | 162,614 | 0 | 2 | $-157,071 |
| Christine Berni Silverstein | Director | June 15, 2026 S | 119,562 | 0 | 2 | $-205,850 |
| Eric Crombez | Director | May 15, 2026 S | 37,313 | 0 | 2 | $-227,457 |
| Keith A. Goldan | Director | April 1, 2026 A | 32,751 | 0 | 0 | $0 |
| Donald A. Wuchterl | Director | Feb. 2, 2026 S | 167,935 | 0 | 1 | $-75,403 |
| Bernhardt G Zeiher | Director | Jan. 26, 2026 A | 84,458 | 0 | 0 | $0 |
| Faith L. Charles | Director | Jan. 26, 2026 A | 176,407 | 0 | 0 | $0 |
| Michael Amoroso | Director | Jan. 26, 2026 A | 217,779 | 0 | 0 | $0 |
| Paul Elliot Mann | Director | Sept. 26, 2022 A | 16,907 | 0 | 0 | $0 |
| Todd Wider | Director | Sept. 26, 2022 A | 16,907 | 0 | 0 | $0 |
| Steven H Rouhandeh | Director | May 25, 2021 A | 533,590 | 0 | 0 | $0 |
| George V Migausky | Director | June 17, 2020 A | 37,954 | 0 | 0 | $0 |
| Stefano Buono | Director | May 20, 2020 A | 287,969 | 0 | 0 | $0 |
| Shawn Tomasello | Director | May 20, 2020 A | 35,938 | 0 | 0 | $0 |
| Stephen B. Howell | Director | May 20, 2020 A | 97,463 | 0 | 0 | $0 |
| Richard B Van Duyne | Director | May 21, 2019 A | 6,000 | 0 | 0 | $0 |
| Mark J Ahn | Director | Dec. 13, 2016 A | 493,182 | 0 | 0 | $0 |
| David P Luci | Director | May 27, 2009 A | 263,217 | 0 | 0 | $0 |
| Rosemary Mazanet | Director | Jan. 4, 2007 A | · | 0 | 0 | $0 |
| Herbert H Mcdade | Director | April 2, 2004 X | 81,007 | 0 | 0 | $0 |
| John J Meakem | · | April 29, 2005 A | 45,000 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 12 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| HAPS · Harbor ETF Trust | 0.14% | 38,309 NS | July 31, 2026 | N-PORT |
| IWC · iShares Trust | 0.06% | 148,688 SH | Sept. 11, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.02% | 37,978 SH | Aug. 19, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.01% | 250,334 SH | Aug. 19, 2026 | Daily |
| RSSL · Global X Funds | 0.01% | 20,862 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.01% | 1,163,889 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.00% | 119,982 SH | Sept. 11, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.00% | 16,656 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.00% | 627,769 SH | Aug. 19, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,529,026 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 3,341 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | · | 407,064 SH | Sept. 11, 2026 | Daily |
ABEO Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 12 analysts
BUY
Median target
$17.00
+238.0%
5 41.7%
Strong Buy
6 50.0%
Buy
1 8.3%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
8 analysts · 2026-09-30Mean target $18.88 +275.2%
← Below all targets
Current price $5.03
Low$14.00
Mean$18.88
High$30.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| ABEO | $290M | 5.2 | 147.5% | 1223.1% | 44.1% | · |
| LRMR | $317M | -2.2 | · | · | -167.4% | · |
| IPSC | $87M | -7.1 | 1556.8% | -8.8% | -5.2% | · |
| PRLD | · | -2.2 | 73.4% | -819.6% | -137.7% | · |
| LXEO | $725M | -5.3 | · | · | -51.9% | · |
| VNDA | $521M | -2.4 | 8.7% | -102.0% | -54.2% | · |
| RCKT | · | · | · | · | · | · |
| FATE | $113M | -0.9 | -51.2% | -2051.1% | -58.2% | · |
| ZSQR | · | · | · | · | · | · |
| IKT | $270M | -4.2 | 111.0% | -1299.0% | -38.2% | · |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
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Source: SEC 10-Q filed Aug 13, 2026