LRMR Larimar Therapeutics, Inc. - Common Stock
$4.27
Price · Aug 19, 2026
Fundamentals as of Aug 4, 2026
52W Range
$3–$6
42% of range
Analyst Rating
STRONG BUY
17 analysts
Price Target
$14
+235% upside
P/E (TTM)
-2.5
ROE
-167.4%
Net Profit Margin
—
About Larimar Therapeutics, Inc. - Common Stock Company overview from Wikipedia
LRMR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$4.26
Market Cap
$354M
P/E (TTM)
-2.5
EPS (TTM)
$-1.32
Revenue (TTM)
—
Div Yield
—
ROE
-167.4%
Debt/Equity
—
52W Range
$3 – $6
LRMR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
—
2016-12-31
→
2019-12-31
EPS
$-1.32
2020-12-31
→
2024-12-31
Free Cash Flow
$-113M
2016-12-31
→
2025-12-31
Margins
—
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
LRMR
Peer Median
P/E (TTM)
-2.5
17.4
P/B
4.5
4.8
Price / FCF
-3.1
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
LRMR
Peer Median
ROA
-95.8%
-41.1%
ROE
-167.4%
-52.6%
ROIC
-220.9%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
LRMR
Peer Median
Current Ratio
2.2
7.7
Quick Ratio
1.3
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
LRMR
Peer Median
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
LRMR
Peer Median
LRMR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
17 analysts
- Strong Buy 8 47.1%
- Buy 8 47.1%
- Hold 1 5.9%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
10 analysts · 2026-08-18
Median
$12.50
Mean
$14.30
← Below all targets
$4.26
Low
$5.00
High
$26.00
Median target
$12.50
+193.1%
Mean target
$14.30
+235.3%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-0.02%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $-0.30 | $-0.39 | 0.09% |
| March 31, 2026 | $-0.31 | $-0.55 | 0.24% |
| Dec. 31, 2025 | $-0.73 | $-0.52 | -0.21% |
| Sept. 30, 2025 | $-0.61 | $-0.41 | -0.20% |
| June 30, 2025 | $-0.41 | $-0.49 | 0.08% |
| March 31, 2025 | $-0.46 | $-0.43 | -0.03% |
| Dec. 31, 2024 | $-0.45 | $-0.32 | -0.13% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| LRMR | $317M | -2.2 | — | — | -167.4% | — |
| RZLT | $388M | -4.6 | — | — | -56.9% | — |
| CMPX | $958M | — | — | — | -45.9% | — |
| BNTC | $307M | -11.1 | — | — | -43.8% | — |
| PROK | — | — | 1075.0% | -7725.2% | 6.9% | — |
| LXEO | $725M | -5.3 | — | — | -51.9% | — |
| CAPR | $1.66B | -12.8 | -11.6% | — | -51.1% | — |
| FENC | $263M | -22.6 | -6.1% | -21.8% | -69.6% | — |
| FHTX | $306M | -4.6 | 36.8% | -240.3% | 80.2% | — |
| LYEL | $654M | -1.9 | -41.0% | -762355.6% | -100.3% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $0 | $0 | |
| R&D Expense | $154M | $73M | $28M | $24M | $38M | $31M | $21M | $48M | $41M | $40M | $55M | $27M | |
| SG&A Expense | $18M | $18M | $14M | $12M | $12M | $11M | $2M | $13M | $12M | $18M | $19M | $8M | |
| Operating Expenses | $172M | $91M | $42M | $37M | $50M | $43M | $23M | $61M | $53M | $58M | $74M | $36M | |
| Operating Income | $-172M | $-91M | $-42M | $-37M | $-50M | $-43M | $-23M | $-61M | $-53M | $-58M | $-74M | $-36M | |
| Interest Expense | · | · | · | · | · | · | $2M | $2M | $165.0K | $529.0K | $806.0K | $870.0K | |
| Interest Income | · | · | · | · | · | · | $2M | $2M | $996.0K | · | · | · | |
| Other Non-op | $7M | $10M | $5M | $1M | $-171.0K | $322.0K | $82.0K | $-246.0K | $971.0K | $347.0K | $-473.0K | $-946.0K | |
| Pretax Income | $-166M | $-81M | $-37M | $-35M | $-51M | $-42M | $-23M | $-61M | $-52M | $-58M | $-74M | $-36M | |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Income | $-166M | $-81M | $-37M | $-35M | $-51M | $-42M | $-23M | $-61M | $-52M | $-58M | $-74M | $-36M | |
| EPS (Basic) | · | $-1.32 | $-0.84 | $-1.37 | $-2.95 | $-3.57 | · | · | · | · | · | · | |
| EPS (Diluted) | · | $-1.32 | $-0.84 | $-1.37 | $-2.95 | $-3.57 | · | · | · | · | · | · | |
| Shares (Basic) | · | 61,256,084 | 43,901,241 | 25,761,394 | 17,164,284 | 11,883,155 | · | · | · | · | · | · | |
| Shares (Diluted) | · | 61,256,084 | 43,901,241 | 25,761,394 | 17,164,284 | 11,883,155 | · | · | · | · | · | · | |
| EBITDA | $-172M | $-91M | $-42M | $-37M | $-50M | $-43M | $-46M | $-61M | $-53M | $-58M | · | $-36M |
Balance Sheet 23
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $85M | $33M | $27M | $27M | $70M | $68M | $1M | $49M | $41M | $32M | $36M | $58M | |
| Prepaid Expense | $5M | $12M | $3M | $2M | $2M | $5M | $4M | $2M | $2M | $1M | $2M | $1M | |
| Current Assets | $142M | $195M | $90M | $121M | $72M | $98M | $5M | $121M | $105M | $131M | $188M | $117M | |
| PP&E (Net) | $622.0K | $881.0K | $684.0K | $831.0K | $1M | $1M | $274.0K | $375.0K | $528.0K | $661.0K | $902.0K | $79.0K | |
| PP&E (Gross) | $3M | $2M | $2M | $2M | $2M | $1M | $453.0K | $925.0K | $1M | $981.0K | $1M | $129.0K | |
| Accum. Depreciation | $2M | $2M | $1M | $914.0K | $596.0K | $335.0K | $179.0K | $550.0K | $508.0K | $320.0K | $120.0K | $50.0K | |
| Other Non-current Assets | $523.0K | $596.0K | $659.0K | $638.0K | $669.0K | $419.0K | $90.0K | $57.0K | $57.0K | $61.0K | $94.0K | $242.0K | |
| Total Assets | $146M | $200M | $96M | $126M | $79M | $105M | $5M | $122M | $106M | $132M | $189M | $118M | |
| Accounts Payable | $5M | $2M | $1M | $2M | $2M | $3M | $4M | $4M | $3M | $3M | $7M | $2M | |
| Accrued Liabilities | $58M | $21M | $7M | $8M | $7M | $6M | $2M | $4M | $4M | $4M | $6M | $3M | |
| Short-term Debt | · | · | · | · | · | · | $7M | $5M | · | $4M | $3M | $1M | |
| Current Liabilities | $65M | $24M | $10M | $11M | $9M | $9M | $6M | $13M | $7M | $10M | $17M | $7M | |
| Capital Leases | $3M | $4M | $5M | $5M | $5M | $6M | $6M | · | · | · | · | · | |
| Total Liabilities | $68M | $28M | $14M | $16M | $14M | $15M | $6M | $28M | $27M | $10M | $20M | $13M | |
| Long-term Debt | · | · | · | · | · | · | $15M | $20M | $20M | $3M | · | · | |
| Total Debt | · | · | · | · | · | · | $7M | $5M | · | $4M | · | $1M | |
| Common Stock | $83.0K | $64.0K | $43.0K | $43.0K | $18.0K | $15.0K | $6.0K | $37.0K | $27.0K | $27.0K | $27.0K | $23.0K | |
| Paid-in Capital | $513M | · | · | · | · | · | · | · | · | · | · | · | |
| Retained Earnings | $-435M | $-269M | $-189M | $-152M | $-116M | $-66M | $-23M | $-351M | $-290M | $-238M | $-180M | $-105M | |
| AOCI | $54.0K | $148.0K | $81.0K | $-31.0K | · | $1.0K | $35.0K | $-33.0K | $-58.0K | $-80.0K | $-207.0K | $-35.0K | |
| Stockholders' Equity | $78M | $172M | $82M | $111M | $64M | $90M | $-694.0K | $3M | $78M | $122M | $169M | $104M | |
| Liabilities + Equity | $146M | $200M | $96M | $126M | $79M | $105M | $5M | $122M | $106M | $132M | $189M | $118M | |
| Shares Outstanding | 83,090,392 | 63,815,065 | 43,909,069 | 43,269,200 | 17,710,450 | 15,367,730 | 6,091,250 | 37,287,221 | 27,489,457 | 27,332,551 | 27,242,503 | 22,879,160 |
Cash Flow 11
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $7M | $9M | $8M | $7M | $5M | $2M | $129.0K | $10M | $8M | $10M | $9M | $2M | |
| Restructuring | · | · | · | · | · | · | $6M | · | · | $1M | · | · | |
| Operating Cash Flow | $-113M | $-71M | $-33M | $-28M | $-42M | $-42M | $-23M | $-51M | $-44M | $-52M | $-60M | $-28M | |
| CapEx | $91.0K | $515.0K | $164.0K | $100.0K | $333.0K | $62.0K | $83.0K | $108.0K | $55.0K | $660.0K | $595.0K | $58.0K | |
| Investing Cash Flow | $100M | $-85M | $33M | $-91M | $24M | $17M | $-83.0K | $-7M | $36M | $51M | · | · | |
| Stock Issued | $65M | $162M | · | $75M | $20M | $76M | · | $65M | · | · | $130M | $103M | |
| Net Stock Activity | $65M | $162M | · | $75M | $20M | $76M | · | $65M | · | · | · | · | |
| Financing Cash Flow | $65M | $162M | $30.0K | $75M | $20M | $94M | $19M | $67M | $17M | $-3M | · | · | |
| Net Change in Cash | $52M | $6M | $-76.0K | $-43M | $2M | $68M | $-3M | $9M | $8M | $-3M | $-23M | $23M | |
| Free Cash Flow | $-113M | $-71M | $-34M | $-28M | $-42M | $-42M | $-42M | $-52M | $-44M | $-53M | · | $-28M | |
| Levered FCF | · | · | · | · | · | · | $-43M | $-53M | $-44M | $-53M | · | $-29M |
Profitability 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -95.8% | -54.4% | -33.2% | -34.5% | -55.2% | -77.3% | -44.9% | -54.0% | -43.9% | -36.1% | · | -46.9% | |
| ROE | -167.4% | -43.5% | -42.4% | -30.8% | -74.2% | -44.2% | -163.6% | -62.2% | -52.0% | -39.8% | · | -203.4% | |
| ROIC | -220.9% | -52.9% | -51.1% | -32.9% | -78.3% | -47.7% | -75.0% | -61.9% | -67.8% | -46.5% | · | -33.6% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.2 | 8.0 | 9.5 | 11.3 | 8.2 | 10.9 | 5.9 | 9.1 | 14.4 | 13.2 | · | 17.0 | |
| Quick Ratio | 1.3 | 1.4 | 2.8 | 2.5 | 7.9 | 7.6 | 2.2 | 3.7 | 5.6 | 3.3 | · | 8.4 | |
| Debt / Equity | · | · | · | · | · | · | 0.1 | 0.1 | · | 0.0 | · | 0.0 | |
| Interest Coverage | · | · | · | · | · | · | -25.9 | -32.2 | -321.2 | -110.1 | · | -40.8 |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | · | · | · | · | · | 0.0 | 0.0 | 0.0 | 0.0 | · | 0.0 |
Valuation (TTM) 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Income TTM | $-166M | $-81M | $-37M | $-35M | $-51M | $-42M | $-23M | $-61M | $-52M | $-58M | $-74M | $-36M | |
| Market Cap | $317M | $247M | $200M | $179M | $191M | $329M | $499M | $2.21B | $1.52B | $1.04B | · | $8.47B | |
| Enterprise Value | · | · | · | · | · | · | $479M | $2.17B | · | $1.01B | · | $8.41B | |
| P/E | -2.2 | -2.9 | -5.4 | -3.0 | -3.7 | -6.0 | · | · | · | · | · | · | |
| P/B | 4.1 | 1.4 | 2.4 | 1.6 | 3.0 | 3.7 | 9.3 | 23.7 | 19.5 | 8.6 | · | 81.1 | |
| P / Tangible Book | 4.1 | 1.4 | 2.4 | 1.6 | 3.0 | 3.7 | · | · | · | · | · | · | |
| P / Cash Flow | -2.8 | -3.5 | -6.0 | -6.5 | -4.5 | -7.8 | -12.2 | -43.0 | -34.8 | -20.1 | · | -299.8 | |
| P / FCF | -2.8 | -3.5 | -5.9 | -6.5 | -4.5 | -7.8 | -12.0 | -42.9 | -34.8 | -19.8 | · | -299.2 | |
| EV / EBITDA | · | · | · | · | · | · | -10.5 | -35.5 | · | -17.4 | · | -236.7 | |
| EV / FCF | · | · | · | · | · | · | -11.5 | -42.1 | · | -19.3 | · | -297.2 | |
| Earnings Yield | -45.1% | -34.1% | -18.5% | -33.2% | -27.3% | -16.7% | · | · | · | · | · | · |
Income Statement 12
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R&D Expense | $28M | $25M | $59M | $45M | $23M | $27M | $27M | $14M | $20M | $13M | $11M | $7M | $6M | $5M | $7M | $6M | |
| SG&A Expense | $6M | $6M | $5M | $5M | $4M | $5M | $5M | $4M | $5M | $4M | $4M | $4M | $4M | $3M | $3M | $3M | |
| Operating Expenses | $34M | $31M | $64M | $49M | $28M | $31M | $31M | $18M | $25M | $17M | $14M | $10M | $10M | $8M | $10M | $9M | |
| Operating Income | $-34M | $-31M | $-64M | $-49M | $-28M | $-31M | $-31M | $-18M | $-25M | $-17M | $-14M | $-10M | $-10M | $-8M | $-10M | $-9M | |
| Other Non-op | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $3M | $2M | $1M | $1M | $1M | $1M | $1M | $193.0K | |
| Income Tax | · | · | $0 | $0 | $0 | · | $0 | $0 | $0 | · | · | · | · | · | · | · | |
| Net Income | $-33M | $-30M | $-62M | $-48M | $-26M | $-29M | $-29M | $-15M | $-22M | $-15M | $-13M | $-9M | $-8M | $-7M | $-9M | $-8M | |
| EPS (Basic) | · | · | · | $-0.61 | $-0.41 | $-0.46 | · | $-0.24 | $-0.34 | $-0.27 | $-0.29 | $-0.21 | $-0.19 | $-0.15 | $-0.04 | $-0.37 | |
| EPS (Diluted) | · | · | · | $-0.61 | $-0.41 | $-0.46 | · | $-0.24 | $-0.34 | $-0.27 | $-0.29 | $-0.21 | $-0.19 | $-0.15 | $-0.04 | $-0.37 | |
| Shares (Basic) | · | · | · | 78,324,767 | 64,027,892 | 63,964,008 | · | 63,806,158 | 63,801,792 | 53,553,707 | -87,797,703 | 43,903,738 | 43,897,603 | 43,897,603 | -33,144,540 | 22,228,228 | |
| Shares (Diluted) | · | · | · | 78,324,767 | 64,027,892 | 63,964,008 | · | 63,806,158 | 63,801,792 | 53,553,707 | -87,797,703 | 43,903,738 | 43,897,603 | 43,897,603 | -33,144,540 | 22,228,228 | |
| EBITDA | $-34M | $-31M | · | $-49M | $-28M | $-31M | · | $-18M | $-25M | $-17M | · | $-10M | $-10M | $-8M | · | $-9M |
Balance Sheet 20
| 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 | $93M | $178M | $85M | $90M | $21M | $21M | $33M | $35M | $32M | $110M | $27M | $39M | $94M | $112M | $27M | $86M | |
| Prepaid Expense | $4M | $5M | $5M | $8M | $7M | $8M | $12M | $10M | $5M | $4M | $3M | $3M | $2M | $2M | $2M | $2M | |
| Current Assets | $161M | $205M | $142M | $183M | $146M | $165M | $195M | $213M | $231M | $231M | $90M | $98M | $106M | $113M | $121M | $127M | |
| PP&E (Net) | $639.0K | $558.0K | $622.0K | $709.0K | $797.0K | $855.0K | $881.0K | $779.0K | $844.0K | $604.0K | $684.0K | $601.0K | $677.0K | $753.0K | $831.0K | $909.0K | |
| PP&E (Gross) | $3M | $3M | $3M | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Accum. Depreciation | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $1M | $1M | $1M | $1M | $1M | $1M | $992.0K | $914.0K | $836.0K | |
| Other Non-current Assets | $480.0K | $504.0K | $523.0K | $542.0K | $561.0K | $582.0K | $596.0K | $621.0K | $636.0K | $678.0K | $659.0K | $634.0K | $644.0K | $632.0K | $638.0K | $643.0K | |
| Total Assets | $165M | $209M | $146M | $187M | $150M | $170M | $200M | $219M | $237M | $248M | $96M | $104M | $112M | $119M | $126M | $133M | |
| Accounts Payable | $8M | $9M | $5M | $11M | $4M | $2M | $2M | $2M | $3M | $2M | $1M | $756.0K | $2M | $695.0K | $2M | $849.0K | |
| Accrued Liabilities | $25M | $38M | $58M | $33M | $21M | $19M | $21M | $14M | $17M | $10M | $7M | $5M | $4M | $7M | $8M | $8M | |
| Current Liabilities | $34M | $48M | $65M | $45M | $27M | $22M | $24M | $16M | $21M | $13M | $10M | $7M | $7M | $8M | $11M | $9M | |
| Capital Leases | $4M | $3M | $3M | $3M | $3M | $4M | $4M | $4M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | |
| Total Liabilities | $38M | $50M | $68M | $48M | $30M | $26M | $28M | $21M | $26M | $17M | $14M | $11M | $12M | $13M | $16M | $14M | |
| Common Stock | $103.0K | $103.0K | $83.0K | $86.0K | $64.0K | $64.0K | $64.0K | $64.0K | $64.0K | $64.0K | $43.0K | $43.0K | $43.0K | $43.0K | $43.0K | $43.0K | |
| Paid-in Capital | $625M | $622M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Retained Earnings | $-497M | $-464M | $-435M | $-372M | $-325M | $-298M | $-269M | $-240M | $-225M | $-203M | $-189M | $-176M | $-166M | $-158M | $-152M | $-142M | |
| AOCI | $-12.0K | $6.0K | $54.0K | $66.0K | $-9.0K | $54.0K | $148.0K | $358.0K | $-150.0K | $-25.0K | $81.0K | $7.0K | $12.0K | · | $-31.0K | $-40.0K | |
| Stockholders' Equity | $127M | $158M | $78M | $139M | $120M | $144M | $172M | $198M | $211M | $231M | $82M | $93M | $100M | $106M | $111M | $119M | |
| Liabilities + Equity | $165M | $209M | $146M | $187M | $150M | $170M | $200M | $219M | $237M | $248M | $96M | $104M | $112M | $119M | $126M | $133M | |
| Shares Outstanding | 103,882,937 | 103,882,937 | 83,090,392 | 85,590,392 | 64,027,892 | 64,027,892 | 63,815,065 | 63,806,628 | 63,802,517 | 63,800,017 | 43,909,069 | 43,905,903 | 43,269,200 | 43,269,200 | 43,269,200 | 43,269,200 |
Cash Flow 8
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Operating Cash Flow | $-44M | $-45M | · | · | $-19M | $-27M | $-22M | $-25M | $-14M | $-10M | $-9M | $-9M | $-7M | $-8M | $-7M | $-6M | |
| CapEx | · | · | $0 | $23.0K | $19.0K | $49.0K | $179.0K | $62.0K | · | · | · | · | · | · | $0 | $0 | |
| Investing Cash Flow | $-41M | $29M | · | · | $19M | $14M | $19M | $27M | $-63M | $-68M | $-3M | $-46M | $-10M | $92M | $-52M | $-3M | |
| Stock Issued | · | · | $-201.0K | · | · | · | $0 | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-435.0K | $108M | · | · | · | · | $36.0K | $30.0K | $-334.0K | $162M | $0 | · | · | · | $-316.0K | · | |
| Net Change in Cash | $-85M | $93M | $-5M | $70M | $-539.0K | $-12M | $-3M | $3M | $-78M | $83M | $-12M | $-56M | $-17M | $85M | $-59M | $66M | |
| Free Cash Flow | · | · | · | · | · | $-27M | · | · | · | · | · | · | · | · | · | · |
Profitability 2
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -20.8% | -15.6% | · | -23.5% | -13.5% | -14.0% | · | -9.6% | -12.4% | -8.0% | · | -7.6% | -9.6% | -6.9% | · | -7.5% | |
| ROE | -26.5% | -19.6% | · | -28.3% | -15.8% | -15.6% | · | -10.7% | -13.9% | -8.7% | · | -8.6% | -11.2% | -8.0% | · | -8.7% |
Liquidity & Solvency 2
| 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 | 4.7 | 4.3 | · | 4.1 | 5.5 | 7.5 | · | 13.1 | 10.9 | 18.0 | · | 15.0 | 14.6 | 14.2 | · | 13.5 | |
| Quick Ratio | 2.7 | 3.7 | · | 2.0 | 0.8 | 1.0 | · | 2.2 | 1.5 | 8.6 | · | 5.9 | 13.0 | 13.9 | · | 9.1 |
Valuation (TTM) 9
| 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 TTM | $0 | $0 | · | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $0 | $0 | $0 | · | $0 | |
| Net Income TTM | $-136M | $-133M | · | $-119M | $-93M | $-81M | · | $-61M | $-54M | $-39M | · | $-32M | $-32M | $-32M | · | $-43M | |
| Market Cap | $317M | $467M | · | $276M | $185M | $138M | · | $418M | $463M | $484M | · | $173M | $135M | $196M | · | $138M | |
| P/E | -1.8 | -2.6 | · | -1.9 | -2.0 | -1.6 | · | -6.2 | -7.2 | -9.3 | · | -4.3 | -2.7 | -3.1 | · | -1.4 | |
| P/B | 2.5 | 3.0 | · | 2.0 | 1.5 | 1.0 | · | 2.1 | 2.2 | 2.1 | · | 1.9 | 1.4 | 1.8 | · | 1.2 | |
| P / Tangible Book | 2.5 | 3.0 | · | 2.0 | 1.5 | 1.0 | · | 2.1 | 2.2 | 2.1 | · | 1.9 | 1.4 | 1.8 | · | 1.2 | |
| P / Cash Flow | · | -10.5 | · | · | · | -5.2 | · | · | · | -46.5 | · | · | · | -26.0 | · | · | |
| P / FCF | · | · | · | · | · | -5.2 | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | -56.4% | -38.2% | · | -53.2% | -50.2% | -60.9% | · | -16.2% | -13.9% | -10.8% | · | -23.3% | -37.7% | -32.7% | · | -70.3% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Net Income | $-166M | $-81M | $-37M | $-35M | $-51M |
| Diluted EPS | — | $-1.32 | $-0.84 | $-1.37 | $-2.95 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 2.2 | 8.0 | 9.5 | 11.3 | 8.2 |
| Quick Ratio | 1.3 | 1.4 | 2.8 | 2.5 | 7.9 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $-113M | $-71M | $-34M | $-28M | $-42M |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
📊
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 179 filers · $259.1M 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.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 36 (-12 vs prior Q) | 29 (+15 vs prior Q) | 63 (+11 vs prior Q) | 43 (+1 vs prior Q) | +9.5M |
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 |
|---|---|---|---|---|
| DEERFIELD MANAGEMENT COMPANY, L.P. | $108,601,271 | 35,606,974 | 41.91% | Shares |
| Blue Owl Capital Holdings LP | $27,947,629 | 9,163,157 | 10.79% | Shares |
| Defilade Capital Management, L.P. | $11,193,912 | 3,670,135 | 4.32% | Shares |
| Driehaus Capital Management LLC | $9,648,440 | 3,163,423 | 3.72% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $9,073,448 | 2,974,901 | 3.50% | Shares |
| RTW INVESTMENTS, LP | $7,826,297 | 2,565,999 | 3.02% | Shares |
| DAFNA Capital Management LLC | $6,124,900 | 2,008,164 | 2.36% | Shares |
| GOLDMAN SACHS GROUP INC | $5,164,830 | 1,693,387 | 1.99% | Shares |
| Qube Research & Technologies Ltd | $5,005,178 | 1,641,042 | 1.93% | Shares |
| CITADEL ADVISORS LLC | $4,443,316 | 1,456,825 | 1.71% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $4,377,700 | 1,434,996 | 1.69% | Shares |
| STATE STREET CORP | $4,306,002 | 1,411,804 | 1.66% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $4,279,675 | 1,403,172 | 1.65% | Shares |
| Woodline Partners LP | $4,272,593 | 1,400,850 | 1.65% | Shares |
| MILLENNIUM MANAGEMENT LLC | $4,065,763 | 1,333,037 | 1.57% | Shares |
| FMR LLC | $2,858,750 | 937,295 | 1.10% | Shares |
| SPHERA FUNDS MANAGEMENT LTD. | $2,824,312 | 926,004 | 1.09% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $2,730,479 | 895,239 | 1.05% | Shares |
| Alyeska Investment Group, L.P. | $1,882,494 | 617,211 | 0.73% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1,580,815 | 518,300 | 0.61% | Put option |
| VANGUARD FIDUCIARY TRUST CO | $1,366,912 | 448,168 | 0.53% | Shares |
| Fi3 FINANCIAL ADVISORS, LLC | $1,263,896 | 2,915 | 0.49% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $1,218,604 | 399,542 | 0.47% | Shares |
| MARSHALL WACE, LLP | $1,092,845 | 358,310 | 0.42% | Shares |
| SummitTX Capital, L.P. | $1,074,466 | 352,284 | 0.41% | Shares |
| Gem Investment Advisors, LLC | $974,533 | 319,519 | 0.38% | Shares |
| Burkehill Global Management, LP | $915,000 | 300,000 | 0.35% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $907,201 | 297,443 | 0.35% | Shares |
| HAP Trading, LLC | $848,766 | 262,776 | 0.33% | Shares |
| ADAR1 Capital Management, LLC | $831,872 | 272,745 | 0.32% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $821,975 | 269,500 | 0.32% | Call option |
| CITADEL ADVISORS LLC | $732,610 | 240,200 | 0.28% | Put option |
| TWO SIGMA INVESTMENTS, LP | $720,206 | 236,133 | 0.28% | Shares |
| Seven Fleet Capital Management LP | $704,309 | 230,921 | 0.27% | Shares |
| HAP Trading, LLC | $687,173 | 237,776 | 0.27% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $631,255 | 206,969 | 0.24% | Shares |
| IEQ CAPITAL, LLC | $620,258 | 203,363 | 0.24% | Shares |
| Caption Management, LLC | $588,705 | 193,018 | 0.23% | Shares |
| Soleus Capital Management, L.P. | $573,711 | 188,102 | 0.22% | Shares |
| Cubist Systematic Strategies, LLC | $523,775 | 162,159 | 0.20% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $520,254 | 170,575 | 0.20% | Shares |
| Susquehanna Portfolio Strategies, LLC | $503,726 | 165,156 | 0.19% | Shares |
| ALLIANCEBERNSTEIN L.P. | $486,990 | 108,220 | 0.19% | Shares |
| DIADEMA PARTNERS LP | $447,243 | 146,637 | 0.17% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $440,505 | 144,428 | 0.17% | Shares |
| UBS Group AG | $440,194 | 144,326 | 0.17% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $421,498 | 138,196 | 0.16% | Shares |
| Point72 Asset Management, L.P. | $411,158 | 134,806 | 0.16% | Shares |
| Nuveen Asset Management, LLC | $366,137 | 94,609 | 0.14% | Shares |
| Mariner, LLC | $349,099 | 114,445 | 0.13% | Shares |
| Squarepoint Ops LLC | $346,096 | 113,474 | 0.13% | Shares |
| Man Group plc | $344,799 | 113,049 | 0.13% | Shares |
| TWO SIGMA ADVISERS, LP | $339,562 | 89,124 | 0.13% | Shares |
| BlackRock, Inc. | $330,178 | 108,255 | 0.13% | Shares |
| CWM, LLC | $288,567 | 64,126 | 0.11% | Shares |
| ExodusPoint Capital Management, LP | $275,760 | 90,413 | 0.11% | Shares |
| GOLDMAN SACHS GROUP INC | $274,500 | 90,000 | 0.11% | Call option |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $272,550 | 63,680 | 0.11% | Shares |
| CARY STREET PARTNERS FINANCIAL LLC | $259,250 | 85,000 | 0.10% | Shares |
| JANE STREET GROUP, LLC | $224,895 | 73,736 | 0.09% | Shares |
| RHUMBLINE ADVISERS | $219,249 | 71,888 | 0.08% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $210,249 | 68,934 | 0.08% | Shares |
| Quantbot Technologies LP | $209,752 | 68,771 | 0.08% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $182,353 | 59,788 | 0.07% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $182,085 | 59,700 | 0.07% | Shares |
| SIMPLEX TRADING, LLC | $178,754 | 58,608 | 0.07% | Shares |
| XTX Topco Ltd | $168,387 | 55,209 | 0.06% | Shares |
| CIBC WORLD MARKET INC. | $161,650 | 53,000 | 0.06% | Shares |
| PRUDENTIAL FINANCIAL INC | $160,805 | 52,723 | 0.06% | Shares |
| WINTON GROUP Ltd | $159,820 | 52,400 | 0.06% | Shares |
| JOURNEY STRATEGIC WEALTH LLC | $158,670 | 35,260 | 0.06% | Shares |
| FEDERATED HERMES, INC. | $152,579 | 50,026 | 0.06% | Shares |
| BANK OF AMERICA CORP /DE/ | $145,190 | 47,603 | 0.06% | Shares |
| Pale Fire Capital SE | $131,150 | 43,000 | 0.05% | Shares |
| JPMORGAN CHASE & CO | $130,336 | 40,730 | 0.05% | Shares |
| Next Level Private LLC | $127,185 | 41,700 | 0.05% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $125,709 | 41,216 | 0.05% | Shares |
| HAP Trading, LLC | $121,388 | 373,500 | 0.05% | Call option |
| MetLife Investment Management, LLC | $121,384 | 39,798 | 0.05% | Shares |
| HighTower Advisors, LLC | $114,979 | 37,698 | 0.04% | Shares |
| Persistent Asset Partners Ltd | $113,991 | 37,374 | 0.04% | Shares |
| DEUTSCHE BANK AG\ | $111,569 | 36,580 | 0.04% | Shares |
| Velan Capital Investment Management LP | $100,650 | 33,000 | 0.04% | Shares |
| CITIGROUP INC | $96,972 | 31,794 | 0.04% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $93,489 | 30,652 | 0.04% | Shares |
| Bank of New York Mellon Corp | $92,510 | 30,331 | 0.04% | Shares |
| JANE STREET GROUP, LLC | $86,010 | 28,200 | 0.03% | Put option |
| STRS OHIO | $80,825 | 26,500 | 0.03% | Shares |
| AMERICAN CENTURY COMPANIES INC | $80,724 | 26,467 | 0.03% | Shares |
| VANGUARD GROUP INC | $80,189 | 21,047 | 0.03% | Shares |
| Invesco Ltd. | $79,669 | 26,121 | 0.03% | Shares |
| CAPTRUST FINANCIAL ADVISORS | $76,894 | 25,211 | 0.03% | Shares |
| Russell Investments Group, Ltd. | $76,756 | 25,166 | 0.03% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $70,350 | 23,067 | 0.03% | Shares |
| Cerity Partners LLC | $70,081 | 22,977 | 0.03% | Shares |
| Engineers Gate Manager LP | $68,799 | 22,557 | 0.03% | Shares |
| Cherry Tree Wealth Management, LLC | $68,688 | 15,264 | 0.03% | Shares |
| Vanguard Global Advisers, LLC | $64,193 | 21,047 | 0.02% | Shares |
| Walleye Trading LLC | $61,000 | 20,000 | 0.02% | Shares |
| CITADEL ADVISORS LLC | $60,695 | 19,900 | 0.02% | Call option |
Company insiders 28 insiders · 12 officers · 18 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Carole Ben-Maimon | President and CEO | Jan. 26, 2026 A | 368,276 | 0 | 0 | $0 |
| Jeffrey S. Hatfield | Chief Executive Officer | Jan. 22, 2019 A | — | 0 | 0 | $0 |
| Michael Celano | Chief Financial Officer | Jan. 26, 2026 A | 215,785 | 0 | 0 | $0 |
| Patricia L Allen | Chief Financial Officer | Jan. 22, 2019 A | 19,793 | 0 | 0 | $0 |
| Thomas E. Hughes | President and Chief Scientific Officer | June 28, 2018 S | 125,247 | 0 | 0 | $0 |
| Patrick Loustau | President | March 31, 2016 A | — | 0 | 0 | $0 |
| Gopi Shankar | Chief Development Officer | Jan. 26, 2026 A | 76,443 | 0 | 0 | $0 |
| Russell Clayton | Chief Medical Officer | Jan. 26, 2026 A | 71,443 | 0 | 0 | $0 |
| Singhal Priya | Head of Research & Development | April 2, 2019 A | — | 0 | 0 | $0 |
| Brian Mcveigh | Chief Business Officer | Jan. 22, 2019 A | — | 0 | 0 | $0 |
| Dennis D Kim | Chief Medical Officer | Jan. 22, 2019 A | 21,443 | 0 | 0 | $0 |
| Alicia Secor | Chief Commercial Officer | March 31, 2016 A | 0 | 0 | 0 | $0 |
| Thomas Edward Hamilton | Director | July 6, 2026 P | 714,798 | 2 | 0 | $667,000 |
| Joseph Truitt | Director | May 19, 2026 A | 2,750 | 0 | 0 | $0 |
| Frank E Thomas | Director | May 19, 2026 A | 7,000 | 1 | 0 | $25,000 |
| Jeffrey W Sherman | Director | May 19, 2026 A | 5,000 | 1 | 0 | $25,000 |
| Jonathan S Leff | Director | May 19, 2026 A | — | 0 | 0 | $0 |
| Peter Barrett | Director | May 10, 2022 A | 4,643,327 | 0 | 0 | $0 |
| Thomas O Daniel | Director | May 12, 2021 A | 19,452 | 0 | 0 | $0 |
| Wendy Everett | Director | June 26, 2019 A | — | 0 | 0 | $0 |
| Cameron Geoffrey Mcdonough | Director | June 26, 2019 A | 0 | 0 | 0 | $0 |
| Robert J Perez | Director | June 26, 2019 A | 5,322 | 0 | 0 | $0 |
| John L Lamattina | Director | June 26, 2019 A | 31,376 | 0 | 0 | $0 |
| Bruce Booth | Director | Jan. 3, 2018 A | 4,638,028 | 0 | 0 | $0 |
| Frances K Heller | Director | Oct. 13, 2017 P | 47,961 | 0 | 0 | $0 |
| Kevin P Starr | Director | Sept. 24, 2015 J | 370,323 | 0 | 0 | $0 |
| Avi Y. Goldberg | Director | Sept. 18, 2015 S | 53,734 | 0 | 0 | $0 |
| CHONDRIAL THERAPEUTICS HOLDINGS, LLC | 10% owner | June 26, 2020 J | 8 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 3 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 |
|---|---|---|---|---|---|
| Deerfield Private Design Fund III, L.P., Deerfield Healthcare Innovations Fund, L.P., Deerfield Private Design Fund IV, L.P., Deerfield Partners, L.P., Deerfield Mgmt III, L.P., Deerfield Mgmt HIF, L.P., Deerfield Mgmt IV, L.P., Deerfield Mgmt, L.P., Deerfield Management Company, L.P., James E. Flynn ×12 filings | March 2, 2026 | 34.41% | Amendment | Passive investment | SEC |
| Chondrial Therapeutics Holdings, LLC ×2 filings | June 30, 2020 | — | Initial filing | — | SEC |
| Chondrial Therapeutics, Inc. | Dec. 27, 2019 | — | Initial filing | M&A / sale | 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.
ETF ownership Held by 29 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 |
|---|---|---|---|---|
| IBRN · iShares Trust | 0.22% | 4,010 SH | Aug. 8, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.14% | 93,475 SH | Aug. 8, 2026 | Daily |
| IWC · iShares Trust | 0.06% | 227,318 SH | Aug. 8, 2026 | Daily |
| FSCC · Federated Hermes ETF Trust | 0.06% | 47,062 NS | May 31, 2026 | N-PORT |
| IBBQ · Invesco Exchange-Traded Fund Trust … | 0.03% | 5,600 SH | Aug. 8, 2026 | Daily |
| BIB · ProShares Trust | 0.02% | 4,014 NS | May 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.02% | 609,989 SH | Aug. 8, 2026 | Daily |
| IBB · iShares Trust | 0.02% | 382,933 SH | Aug. 8, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.01% | 382,844 SH | Aug. 8, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.01% | 71,780 SH | Aug. 8, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.01% | 316,227 NS | April 30, 2026 | N-PORT |
| IWM · iShares Trust | 0.01% | 1,689,750 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.01% | 20,396 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.00% | 2,221 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.00% | 24,913 NS | May 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 12,923 NS | April 30, 2026 | N-PORT |
| UWM · ProShares Trust | 0.00% | 1,737 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.00% | 1,755 NS | May 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 6,906 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,788 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 44 NS | May 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 17,196 SH | Aug. 8, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.00% | 11,156 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 12,332 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.00% | 699,471 SH | Aug. 8, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 2,206,446 SH | Aug. 8, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 7,400 SH | Aug. 8, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.00% | 1,156 NS | April 30, 2026 | N-PORT |
| VHT · VANGUARD WORLD FUND | 0.00% | 172,125 SH | Aug. 8, 2026 | Daily |