RZLT Rezolute, Inc. - Common Stock (NV)
NASDAQ · Biotechnology · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Sep 24, 2026
$4.01
· of 52w range
· above low
· to high
$1.0752w low
$11.4652w high
Market Cap (MRQ)
$387M
P/E
-5.3
EPS
$-0.75
your badges
52W Range
$1–$11
Analyst Rating
BUY
Price Target
$9
P/E
-5.3
ROE
-67.8%
Net Profit Margin
·
Your badge strip is empty — pin a metric anywhere on this page.
RZLT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$4.01
Market Cap (MRQ)
$387M
P/E
-5.3
EPS
$-0.75
ROE
-67.8%
52W Range
$1–$11
RZLT Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
Stock splits
| Ex-date | Split | Type |
|---|---|---|
| Oct. 13, 2020 | 1-for-50 | Reverse |
| May 1, 2014 | 1-for-6 | Reverse |
10-Year Performance Revenue, net income, margins and EPS trends
EPS$-0.752021-06-30 → 2026-06-30
Free Cash Flow·2019-06-30 → 2023-06-30
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | RZLT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | -5.35Y avg ≈-3.6 | ≈-3.6 | · | · | |
| P/B (MRQ) | 3.85Y avg ≈2.1 | ≈2.1 | 2.7 | Overvalued | |
| Price / Cash Flow | -6.05Y avg ≈-4.3 | ≈-4.3 | · | · | |
| Price / Tangible Book | 3.85Y avg ≈2.1 | ≈2.1 | · | · |
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 | RZLT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| ROA | -53.8%5Y avg ≈-47.0% | ≈-47.0% | -53.9% | In line | |
| ROE | -67.8%5Y avg ≈-55.9% | ≈-55.9% | -72.6% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | RZLT | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 9.75Y avg ≈23.9 | ≈23.9 | 5.9 | Strong liquidity | |
| Quick Ratio | 9.45Y avg ≈23.5 | ≈23.5 | 5.8 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
No data for this ratio group yet
Not enough fundamentals data to compute this ratio group yet.
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-9.8%
Next Report
Nov 04, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| Dec. 31, 2026 | $-0.20 | $-0.15 | -32.5% | |
| June 30, 2026 | $-0.20 | $-0.15 | -32.5% | |
| March 31, 2026 | $-0.16 | $-0.18 | 12.3% | |
| Dec. 31, 2025 | $-0.22 | $-0.19 | -15.4% | |
| Sept. 30, 2025 | $-0.18 | $-0.27 | 33.4% | |
| June 30, 2025 | $-0.26 | $-0.22 | -15.9% | |
| March 31, 2025 | $-0.27 | $-0.23 | -18.3% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R&D Expense | $54M | $62M | $56M | $44M | $32M | $15M | $14M | $19M | $17M | $12M | $9M | $5M | |
| SG&A Expense | $29M | $18M | $15M | $12M | $9M | $8M | $6M | $7M | $9M | $8M | $6M | $6M | |
| Operating Expenses | $83M | $80M | $70M | $56M | $42M | $23M | $21M | $26M | $29M | $20M | $15M | $11M | |
| Operating Income | $-83M | $-80M | $-70M | $-56M | $-42M | $-23M | $-21M | $-26M | $-29M | $-20M | $-15M | $-11M | |
| Interest Expense | · | · | · | · | · | $375.0K | $0 | $5M | $689.0K | $1.6K | $5.0K | $6.7K | |
| Interest Income | · | · | · | · | · | · | · | · | $1.0K | $0 | $965 | $5.0K | |
| Other Non-op | · | $5M | $2M | $4M | $783.0K | $2M | $188.0K | $-5M | $-1M | $46.9K | $15.7K | $-664.5K | |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Income | $-78M | $-74M | $-68M | $-52M | $-41M | $-21M | $-20M | $-30M | $-30M | $-20M | $-15M | $-11M | |
| EPS (Basic) | $-0.75 | $-0.98 | $-1.33 | $-1.01 | $-2.26 | $-2.72 | · | · | · | · | · | · | |
| EPS (Diluted) | $-0.75 | $-0.98 | $-1.33 | $-1.01 | $-2.32 | $-2.72 | · | · | · | · | · | · | |
| Shares (Basic) | 103,907,114 | 75,999,290 | 51,466,150 | 51,187,000 | 18,197,000 | 7,671,000 | · | · | · | · | · | · | |
| Shares (Diluted) | 103,907,114 | 75,999,290 | 51,466,150 | 51,187,000 | 19,487,000 | 7,671,000 | · | · | · | · | · | · | |
| EBITDA | $-83M | $-80M | $-70M | $-56M | $-42M | · | $-21M | $-26M | · | $-20M | $-15M | $-11M |
Balance Sheet
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11M | $94M | $70M | $16M | $150M | $41M | $77M | $38M | $2M | $4M | $4M | $5M | |
| Short-term Investments | $97M | $74M | $56M | $86M | · | · | · | · | · | · | · | · | |
| Inventory | · | · | · | · | · | · | · | · | · | · | · | $67.2K | |
| Prepaid Expense | $3M | $3M | $2M | $3M | $2M | $946.0K | $563.0K | $571.0K | $362.0K | · | · | · | |
| Other Current Assets | · | · | · | · | · | · | · | · | $361.9K | $442.0K | $430.1K | $387.5K | |
| Current Assets | $111M | $171M | $129M | $105M | $152M | $42M | $11M | $12M | $2M | $5M | $4M | $6M | |
| PP&E (Net) | $41.0K | $72.0K | $103.0K | $139.0K | $16.0K | $29.0K | $33.0K | $44.0K | $368.0K | $5M | $6M | $5M | |
| PP&E (Gross) | $210.0K | $210.0K | $210.0K | $210.0K | $56.0K | $56.0K | $47.0K | $47.0K | $886.0K | $7M | $7M | $5M | |
| Accum. Depreciation | $169.0K | $138.0K | $107.0K | $71.0K | $40.0K | $27.0K | $14.0K | $3.0K | $518.0K | $2M | $879.2K | $136.6K | |
| Intangibles | · | · | · | · | · | · | $0 | $29.0K | $37.0K | $44.3K | $51.6K | $58.9K | |
| Other Non-current Assets | · | · | · | · | · | · | · | · | · | · | $0 | · | |
| Total Assets | $113M | $175M | $133M | $124M | $152M | $43M | $11M | $12M | $3M | $11M | $11M | $11M | |
| Accounts Payable | $5M | $6M | $5M | $3M | $1M | $1M | $893.0K | $563.0K | $2M | $951.2K | $2M | $1M | |
| Current Liabilities | $11M | $12M | $10M | $5M | $2M | $2M | $3M | $8M | $6M | $2M | $2M | $2M | |
| Capital Leases | $276.0K | $983.0K | $2M | $2M | $80.0K | $187.0K | $165.0K | $0 | · | · | $0 | $23.1K | |
| Other Non-current Liabilities | · | · | · | · | · | · | $0 | $121.0K | $216.0K | $304.6K | $400.0K | $480.5K | |
| Total Liabilities | $12M | $13M | $12M | $8M | $3M | $17M | $4M | $10M | $6M | $2M | $2M | $2M | |
| Long-term Debt | · | · | · | · | · | $14M | $0 | $0 | $3M | · | · | · | |
| Common Stock | $96.0K | $87.0K | $53.0K | $37.0K | $34.0K | $8.0K | $6.0K | $4.0K | $62.0K | $49.2K | $35.1K | $24.3K | |
| Paid-in Capital | $582M | $566M | $450M | $377M | $359M | $194M | $155M | $129M | $90M | $73M | $53M | $38M | |
| Retained Earnings | $-481M | $-404M | $-329M | $-261M | $-209M | $-168M | $-147M | $-127M | $-94M | $-64M | $-44M | $-29M | |
| AOCI | $-119.0K | $-7.0K | $-79.0K | $-351.0K | · | · | · | · | · | · | · | · | |
| Stockholders' Equity | $101M | $162M | $121M | $116M | $149M | $26M | $7M | $2M | $-4M | $9M | $9M | $9M | |
| Liabilities + Equity | $113M | $175M | $133M | $124M | $152M | $43M | $11M | $12M | $3M | $11M | $11M | $11M | |
| Shares Outstanding | 96,405,982 | 86,995,985 | 53,245,824 | 36,827,000 | 33,582,000 | 8,352,000 | 5,867,000 | 4,208,000 | 62,166 | 49,228,640 | 35,110,916 | 24,338,219 |
Cash Flow
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $31.0K | $31.0K | $36.0K | $30.0K | $13.0K | $13.0K | $18.0K | $49.0K | $1M | · | · | · | |
| Stock-based Comp | $14M | $7M | $7M | $7M | $4M | $4M | $3M | $3M | $5M | $6M | $4M | $3M | |
| Deferred Tax | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | |
| Amort. of Intangibles | · | · | · | · | · | · | $7.0K | $7.0K | $7.0K | $7.3K | $7.3K | $5.3K | |
| Restructuring | · | · | · | · | · | $201.0K | · | · | · | · | · | · | |
| Operating Cash Flow | $-65M | $-69M | $-57M | $-44M | $-40M | $-20M | $-24M | $-15M | $-14M | $-13M | $-10M | $-7M | |
| CapEx | · | · | · | $153.0K | · | · | $0 | $47.0K | $6.0K | · | · | · | |
| Investing Cash Flow | $-21M | $-15M | $49M | $-101M | · | $0 | $0 | $231.0K | $2M | $-195.4K | · | · | |
| Stock Issued | · | · | · | · | · | $0 | $24M | $0 | $4M | · | · | · | |
| Stock Repurchased | · | · | $3.0K | · | · | · | · | · | · | · | · | · | |
| Net Stock Activity | · | · | $-3.0K | · | · | · | $24M | $0 | · | · | · | · | |
| Financing Cash Flow | $2M | $107M | $63M | $12M | $149M | $52M | $23M | $25M | $10M | $14M | · | · | |
| Net Change in Cash | $-83M | $24M | $54M | $-134M | $109M | $31M | $-2M | $10M | · | · | · | · | |
| Free Cash Flow | · | · | · | $-45M | · | · | $-24M | $-15M | · | · | · | · |
Profitability
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -53.8% | -48.3% | -53.4% | -37.5% | -42.1% | · | -175.2% | -412.7% | · | -188.3% | -134.8% | -121.7% | |
| ROE | -67.8% | -56.9% | -71.4% | -42.5% | -40.8% | · | -229.9% | -951.1% | · | -234.4% | -167.6% | -147.0% |
Liquidity & Solvency
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 9.7 | 14.4 | 13.4 | 20.2 | 61.8 | · | 3.3 | 1.4 | · | 2.8 | 2.6 | 3.6 | |
| Quick Ratio | 9.4 | 14.1 | 13.2 | 19.6 | 61.1 | · | 3.1 | 1.4 | · | 2.5 | 2.3 | 3.1 | |
| Interest Coverage | · | · | · | · | · | · | · | -5.2 | · | -12742.3 | -2967.1 | -1589.8 |
Per Share
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $1.04 | $1.86 | $2.27 | $3.15 | $4.45 | · | $1.26 | $8.33 | · | $0.17 | $0.25 | $0.37 | |
| Cash Flow / Share | $-0.62 | $-0.91 | $-1.11 | $-0.87 | $-2.03 | · | · | · | · | · | · | · | |
| Cash / Share | $0.11 | $1.08 | $1.32 | $0.44 | $4.48 | · | $1.70 | $55.01 | · | $0.09 | $0.12 | $0.22 | |
| EPS (TTM) | $-0.75 | $-0.98 | $-1.33 | $-1.01 | $-2.32 | $-2.72 | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | $-78M | $-74M | $-68M | $-52M | $-41M | $-21M | $-20M | $-30M | $-30M | $-20M | $-15M | $-11M | |
| Market Cap | $501M | $388M | $229M | $73M | $108M | · | $27M | $2M | · | $2.78B | $1.76B | $2.37B | |
| P/E | -6.9 | -4.6 | -3.2 | -2.0 | -1.4 | -5.2 | · | · | · | · | · | · | |
| P/B | 5.0 | 2.4 | 1.9 | 0.6 | 0.7 | · | 3.7 | 1.2 | · | 326.2 | 200.1 | 262.1 | |
| P / Tangible Book | 5.0 | 2.4 | 1.9 | 0.6 | 0.7 | 4.6 | 3.7 | · | · | · | · | · | |
| P / Cash Flow | -7.8 | -5.6 | -4.0 | -1.6 | -2.7 | · | -1.1 | -0.1 | · | -208.9 | -167.4 | -335.2 | |
| P / FCF | · | · | · | -1.6 | · | · | -1.1 | -0.1 | · | · | · | · | |
| Earnings Yield | -14.4% | -22.0% | -30.9% | -51.0% | -71.8% | -19.1% | · | · | · | · | · | · |
Income Statement
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| R&D Expense | $15M | $11M | $14M | $13M | $21M | $15M | $13M | $13M | $19M | $12M | $12M | $12M | $11M | $14M | $11M | $8M | |
| SG&A Expense | $7M | $6M | $10M | $7M | $5M | $5M | $4M | $4M | $4M | $4M | $3M | $4M | $3M | $3M | $3M | $3M | |
| Operating Expenses | $22M | $17M | $24M | $20M | $26M | $20M | $17M | $17M | $23M | $16M | $15M | $16M | $14M | $17M | $14M | $10M | |
| Operating Income | $-22M | $-17M | $-24M | $-20M | $-26M | $-20M | $-17M | $-17M | $-23M | $-16M | $-15M | $-16M | $-14M | $-17M | $-14M | $-10M | |
| Other Non-op | · | $1M | $1M | $2M | $1M | $1M | $1M | $2M | $126.0K | $-837.0K | $1M | $1M | $2M | $1M | $836.0K | $387.0K | |
| Net Income | $-20M | $-16M | $-23M | $-18M | $-24M | $-19M | $-16M | $-15M | $-23M | $-17M | $-14M | $-15M | $-13M | $-16M | $-14M | $-10M | |
| EPS (Basic) | $-0.19 | $-0.16 | $-0.22 | $-0.18 | $-0.27 | $-0.27 | $-0.22 | $-0.22 | $-0.44 | $-0.34 | $-0.27 | $-0.28 | $-0.26 | $-0.30 | $-0.26 | $-0.19 | |
| EPS (Diluted) | $-0.19 | $-0.16 | $-0.22 | $-0.18 | $-0.27 | $-0.27 | $-0.22 | $-0.22 | $-0.44 | $-0.34 | $-0.27 | $-0.28 | $-0.26 | $-0.30 | $-0.26 | $-0.19 | |
| Shares (Basic) | · | 104,040,292 | 103,687,064 | 103,422,647 | · | 70,031,041 | 69,940,319 | 69,736,150 | · | 50,812,332 | 51,408,000 | 51,409,000 | · | 51,409,000 | 51,410,000 | 50,528,000 | |
| Shares (Diluted) | · | 104,040,292 | 103,687,064 | 103,422,647 | · | 70,031,041 | 69,940,319 | 69,736,150 | · | 50,812,332 | 51,408,000 | 51,409,000 | · | 51,409,000 | 51,410,000 | 50,528,000 | |
| EBITDA | · | · | $-24M | $-20M | · | $-20M | $-17M | $-17M | · | $-16M | $-15M | $-16M | · | $-17M | $-14M | $-10M |
Balance Sheet
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11M | $11M | $12M | $9M | $94M | $15M | $9M | $10M | $70M | $6M | $13M | $8M | $16M | $34M | $147M | $154M | |
| Short-term Investments | $97M | $109M | $121M | $143M | $74M | $72M | $88M | $98M | $56M | $74M | $80M | $91M | $86M | $69M | · | · | |
| Prepaid Expense | $3M | $2M | $2M | $3M | $3M | $2M | $2M | $2M | $2M | $2M | $3M | $4M | $3M | $2M | $860.0K | $1M | |
| Current Assets | $111M | $122M | $135M | $155M | $171M | $89M | $99M | $110M | $129M | $82M | $96M | $103M | $105M | $106M | $148M | $156M | |
| PP&E (Net) | $41.0K | $49.0K | $57.0K | $64.0K | $72.0K | $80.0K | $87.0K | $95.0K | $103.0K | $110.0K | $119.0K | $129.0K | $139.0K | $149.0K | $160.0K | $83.0K | |
| PP&E (Gross) | $210.0K | · | · | · | $210.0K | · | · | · | $210.0K | · | · | · | $210.0K | · | · | · | |
| Accum. Depreciation | $169.0K | · | · | · | $138.0K | · | · | · | $107.0K | · | · | · | $71.0K | · | · | · | |
| Total Assets | $113M | $125M | $139M | $159M | $175M | $95M | $112M | $123M | $133M | $88M | $102M | $113M | $124M | $134M | $150M | $156M | |
| Accounts Payable | $5M | $3M | $4M | $3M | $6M | $7M | $3M | $2M | $5M | $3M | $4M | $2M | $3M | $3M | $3M | $1M | |
| Current Liabilities | $11M | $8M | $10M | $10M | $12M | $11M | $11M | $8M | $10M | $7M | $8M | $7M | $5M | $4M | $6M | $2M | |
| Capital Leases | $276.0K | $438.0K | $619.0K | $804.0K | $983.0K | $1M | $1M | $1M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $49.0K | |
| Total Liabilities | $12M | $9M | $11M | $11M | $13M | $12M | $12M | $10M | $12M | $17M | $10M | $9M | $8M | $7M | $9M | $3M | |
| Common Stock | $96.0K | $96.0K | $96.0K | $91.0K | $87.0K | $61.0K | $61.0K | $55.0K | $53.0K | $40.0K | $40.0K | $37.0K | $37.0K | $37.0K | $37.0K | $37.0K | |
| Paid-in Capital | $582M | $578M | $573M | $569M | $566M | $462M | $460M | $458M | $450M | $377M | $381M | $379M | $377M | $376M | $374M | $372M | |
| Retained Earnings | $-481M | $-461M | $-445M | $-422M | $-404M | $-379M | $-361M | $-345M | $-329M | $-306M | $-289M | $-276M | $-261M | $-248M | $-233M | $-219M | |
| AOCI | $-119.0K | $-115.0K | $47.0K | $49.0K | $-7.0K | $43.0K | $64.0K | $289.0K | $-79.0K | $-78.0K | $-48.0K | $-284.0K | $-351.0K | $-132.0K | · | · | |
| Stockholders' Equity | $101M | $117M | $128M | $147M | $162M | $83M | $100M | $113M | $121M | $71M | $92M | $104M | $116M | $127M | $141M | $153M | |
| Liabilities + Equity | $113M | $125M | $139M | $159M | $175M | $95M | $112M | $123M | $133M | $88M | $102M | $113M | $124M | $134M | $150M | $156M | |
| Shares Outstanding | 96,405,982 | 96,292,331 | 95,547,998 | 91,036,700 | 86,995,985 | 60,542,914 | 60,535,000 | 55,394,000 | 53,245,824 | 40,132,000 | 39,625,000 | 36,827,000 | 36,827,000 | 36,827,000 | 36,827,000 | 36,827,000 |
Cash Flow
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $8.0K | $8.0K | $7.0K | $8.0K | $8.0K | $7.0K | $8.0K | $8.0K | $7.0K | $9.0K | $10.0K | $10.0K | $9.0K | $11.0K | $7.0K | $3.0K | |
| Stock-based Comp | $4M | $4M | $3M | $3M | $2M | $2M | $1M | $1M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Operating Cash Flow | $-13M | $-14M | $-20M | $-17M | $-22M | $-17M | $-14M | $-16M | $-19M | $-15M | $-13M | $-11M | $-11M | $-18M | $-7M | $-8M | |
| CapEx | · | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $83.0K | $70.0K | |
| Investing Cash Flow | $12M | $12M | $23M | $-68M | $346.0K | $23M | $11M | $-49M | $20M | $9M | $18M | $3M | $-6M | $-95M | $-83.0K | $-70.0K | |
| Stock Repurchased | · | · | · | · | · | · | · | · | $0 | · | · | · | · | · | · | · | |
| Financing Cash Flow | $227.0K | $747.0K | $356.0K | $911.0K | $101M | $10.0K | $657.0K | $6M | $63M | $-3.0K | · | · | $0 | $0 | $0 | $12M | |
| Net Change in Cash | $-621.0K | $-708.0K | $3M | $-85M | $80M | $6M | $-2M | $-60M | $64M | $-7M | $4M | $-8M | $-18M | $-113M | $-8M | $4M | |
| Free Cash Flow | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $-8M |
Profitability
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | · | · | -18.2% | -12.9% | · | -20.7% | -14.7% | -13.0% | · | -15.4% | -11.0% | -10.8% | · | -15.4% | -11.6% | -10.1% | |
| ROE | · | · | -20.0% | -13.9% | · | -24.6% | -16.4% | -14.2% | · | -17.2% | -11.9% | -11.3% | · | -17.5% | -13.3% | -11.3% |
Liquidity & Solvency
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | · | 14.2 | 15.2 | · | 8.4 | 9.3 | 13.8 | · | 11.8 | 12.0 | 14.3 | · | 24.1 | 23.4 | 64.1 | |
| Quick Ratio | · | · | 14.0 | 14.9 | · | 8.3 | 9.1 | 13.5 | · | 11.5 | 11.6 | 13.7 | · | 23.5 | 23.2 | 63.5 |
Per Share
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | · | · | $1.34 | $1.62 | · | $1.36 | $1.65 | $2.05 | · | $1.77 | $2.31 | $2.81 | · | $3.46 | $3.84 | $4.16 | |
| Cash Flow / Share | · | · | · | $-0.17 | · | · | · | $-0.23 | · | · | · | $-0.21 | · | · | · | $-0.15 | |
| Cash / Share | · | · | $0.12 | $0.10 | · | $0.24 | $0.15 | $0.19 | · | $0.15 | $0.32 | $0.22 | · | $0.92 | $3.98 | $4.19 | |
| EPS (TTM) | · | $-0.83 | $-0.94 | $-0.94 | · | $-1.15 | $-1.22 | $-1.27 | · | $-1.15 | $-1.11 | $-1.10 | · | $-0.70 | $-1.05 | $-1.59 |
Valuation (TTM)
| Metric | Trend | Q4 2026 | Q3 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income TTM | · | $-81M | $-84M | $-77M | · | $-73M | $-71M | $-69M | · | $-58M | $-57M | $-56M | · | $-48M | $-44M | $-43M | |
| Market Cap | · | · | $225M | $856M | · | $176M | $297M | $269M | · | $102M | $39M | $49M | · | $71M | $76M | $101M | |
| P/E | · | -3.7 | -2.5 | -10.0 | · | -2.5 | -4.0 | -3.8 | · | -2.2 | -0.9 | -1.2 | · | -2.7 | -2.0 | -1.7 | |
| P/B | · | · | 1.8 | 5.8 | · | 2.1 | 3.0 | 2.4 | · | 1.4 | 0.4 | 0.5 | · | 0.6 | 0.5 | 0.7 | |
| P / Tangible Book | · | 2.5 | 1.8 | 5.8 | · | 2.1 | 3.0 | 2.4 | · | 1.4 | 0.4 | 0.5 | · | 0.6 | 0.5 | 0.7 | |
| P / Cash Flow | · | · | · | -49.1 | · | · | · | -16.8 | · | · | · | -4.6 | · | · | · | -13.3 | |
| Earnings Yield | · | -27.2% | -39.8% | -10.0% | · | -39.7% | -24.9% | -26.2% | · | -45.1% | -111.8% | -83.3% | · | -36.5% | -50.7% | -58.0% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Net Income | $-78M | $-74M | $-68M | $-52M | $-41M |
| Diluted EPS | $-0.75 | $-0.98 | $-1.33 | $-1.01 | $-2.32 |
| Metric | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Current Ratio | 9.7 | 14.4 | 13.4 | 20.2 | 61.8 |
| Quick Ratio | 9.4 | 14.1 | 13.2 | 19.6 | 61.1 |
| Metric | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|---|
| Free Cash Flow | · | · | · | $-45M | · |
Institutional owners (13F) 154 filers · $475.2M 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
154
Value held
$475.2M
New positions
41
Exited positions
19
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 41 (+5 vs prior Q) | 19 (-16 vs prior Q) | 63 (+24 vs prior Q) | 30 (-11 vs prior Q) | +1.4M |
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 |
|---|---|---|---|---|
| FEDERATED HERMES, INC. | $67,551,427 | 12,990,659 | 14.22% | Shares |
| RA CAPITAL MANAGEMENT, L.P. | $49,114,203 | 9,445,039 | 10.34% | Shares |
| BlackRock, Inc. | $40,135,113 | 7,718,291 | 8.45% | Shares |
| Opaleye Management Inc. | $32,760,000 | 6,300,000 | 6.89% | Shares |
| Balyasny Asset Management L.P. | $24,242,603 | 4,662,039 | 5.10% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $19,946,300 | 3,835,827 | 4.20% | Shares |
| Siren, L.L.C. | $17,307,092 | 3,328,287 | 3.64% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $13,320,601 | 2,561,654 | 2.80% | Shares |
| JENNISON ASSOCIATES LLC | $12,788,402 | 2,459,308 | 2.69% | Shares |
| VANGUARD GROUP INC | $11,300,886 | 4,788,511 | 2.38% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $11,288,227 | 2,170,154 | 2.38% | Shares |
| STATE STREET CORP | $9,620,666 | 1,850,128 | 2.02% | Shares |
| D. E. Shaw & Co., Inc. | $9,564,656 | 1,839,357 | 2.01% | Shares |
| MORGAN STANLEY | $8,417,671 | 1,618,783 | 1.77% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $7,772,960 | 1,494,800 | 1.64% | Call option |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $7,179,879 | 1,380,746 | 1.51% | Shares |
| GOLDMAN SACHS GROUP INC | $6,847,267 | 1,316,782 | 1.44% | Shares |
| Nuveen, LLC | $6,735,087 | 1,295,209 | 1.42% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $6,352,726 | 1,221,678 | 1.34% | Shares |
| Blackstone Inc. | $5,631,220 | 1,082,927 | 1.19% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $5,241,400 | 1,007,962 | 1.10% | Shares |
| Affinity Asset Advisors, LLC | $5,200,000 | 1,000,000 | 1.09% | Shares |
| GREAT POINT PARTNERS LLC | $4,949,407 | 951,809 | 1.04% | Shares |
| Ikarian Capital, LLC | $4,862,062 | 935,012 | 1.02% | Shares |
| Squadron Capital Management LLC | $4,680,000 | 900,000 | 0.98% | Call option |
| DIMENSIONAL FUND ADVISORS LP | $4,631,598 | 890,733 | 0.97% | Shares |
| 22NW, LP | $4,267,396 | 820,653 | 0.90% | Shares |
| Velan Capital Investment Management LP | $3,900,000 | 750,000 | 0.82% | Shares |
| BANK OF AMERICA CORP /DE/ | $3,797,726 | 730,332 | 0.80% | Shares |
| NORTHERN TRUST CORP | $3,771,409 | 725,271 | 0.79% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $3,762,658 | 723,588 | 0.79% | Shares |
| Woodline Partners LP | $3,181,344 | 611,797 | 0.67% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $2,969,392 | 571,037 | 0.62% | Shares |
| MILLENNIUM MANAGEMENT LLC | $2,689,617 | 517,234 | 0.57% | Shares |
| J. Goldman & Co LP | $2,602,106 | 500,405 | 0.55% | Shares |
| Integral Health Asset Management, LLC | $2,600,000 | 500,000 | 0.55% | Shares |
| UBS Group AG | $2,579,371 | 496,033 | 0.54% | Shares |
| TWO SIGMA INVESTMENTS, LP | $2,241,580 | 431,073 | 0.47% | Shares |
| Squadron Capital Management LLC | $2,097,732 | 403,410 | 0.44% | Shares |
| Vestal Point Capital, LP | $1,991,595 | 382,999 | 0.42% | Shares |
| Knott David M Jr | $1,924,000 | 370,000 | 0.40% | Shares |
| XTX Topco Ltd | $1,839,084 | 353,670 | 0.39% | Shares |
| Driehaus Capital Management LLC | $1,505,499 | 289,519 | 0.32% | Shares |
| BOOTHBAY FUND MANAGEMENT, LLC | $1,492,166 | 286,955 | 0.31% | Shares |
| Susquehanna Portfolio Strategies, LLC | $1,454,133 | 279,641 | 0.31% | Shares |
| JANE STREET GROUP, LLC | $1,372,171 | 263,879 | 0.29% | Shares |
| Schonfeld Strategic Advisors LLC | $1,371,478 | 263,746 | 0.29% | Shares |
| Point72 Europe (London) LLP | $1,200,759 | 127,740 | 0.25% | Shares |
| FMR LLC | $1,123,808 | 216,117 | 0.24% | Shares |
| Bank of New York Mellon Corp | $1,103,804 | 212,270 | 0.23% | Shares |
Activists & 5%+ owners 13 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 |
|---|---|---|---|---|---|
| Genexine, Inc. ×2 filings | May 3, 2023 | · | Initial filing | · | SEC |
| Handok, Inc. | March 31, 2020 | · | Initial filing | · | SEC |
| Steve Howe | Jan. 24, 2014 | · | Initial filing | · | SEC |
| Theodore Kalem | Feb. 11, 2013 | · | Initial filing | Passive investment | SEC |
| Konus Advisory Group, Inc., Hoyoung Huh, Nevan Elam | Feb. 8, 2013 | · | Initial filing | Passive investment | SEC |
| Sankaram Mantripragada ×2 filings | Feb. 8, 2013 | · | Initial filing | Passive investment | SEC |
| Nickolay Kukekov | Feb. 8, 2013 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | Sept. 14, 2012 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Sept. 14, 2012 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Sept. 14, 2012 | · | Initial filing | · | SEC |
| Juemin Chu | Feb. 14, 2012 | · | Initial filing | Passive investment | SEC |
| Orit Wolkin | Feb. 14, 2012 | · | Initial filing | Passive investment | SEC |
| KAEYO Investments Ltd. | Feb. 14, 2012 | · | Initial filing | Passive investment | 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 25 insiders · 10 officers · 14 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Nevan C Elam | CEO | July 2, 2026 F | 605,497 | 1 | 0 | $50,880 |
| Daron Evans | CFO | July 2, 2026 F | 411,400 | 4 | 0 | $108,225 |
| Keith A. Vendola | Chief Financial Officer | July 31, 2019 A | · | 0 | 0 | $0 |
| Nir Bar | President and Treasurer | Sept. 4, 2012 S | 0 | 0 | 0 | $0 |
| Sunil Ratilal Karnawat | Chief Commercial Officer | Sept. 2, 2026 F | 69,275 | 2 | 0 | $19,600 |
| Brian Kenneth Roberts | Chief Medical Officer | July 2, 2026 F | 293,851 | 1 | 0 | $47,600 |
| Sankaram Mantripragada | Chief Scientific Officer | July 31, 2019 A | · | 0 | 0 | $0 |
| Morgan Fields | Chief Accounting Officer | Oct. 31, 2016 A | · | 0 | 0 | $0 |
| Hoyoung Huh | Chairman, Scientific Adv. Bd. | Oct. 31, 2016 A | 5,057,693 | 0 | 0 | $0 |
| Guy Turnowski | Secretary | Sept. 4, 2012 S | 0 | 0 | 0 | $0 |
| Wladimir Hogenhuis | Director | Dec. 16, 2025 P | 119,675 | 1 | 0 | $9,548 |
| Philippe Fauchet | Director | Nov. 19, 2025 A | 55,500 | 0 | 0 | $0 |
| Erik Harris | Director | Nov. 19, 2025 A | 21,000 | 0 | 0 | $0 |
| Young-Jin Kim | Director | Nov. 19, 2025 A | 170,950 | 0 | 0 | $0 |
| Nerissa Kreher | Director | Nov. 19, 2025 A | 58,576 | 0 | 0 | $0 |
| Gil M Labrucherie | Director | Nov. 19, 2025 A | 55,500 | 0 | 0 | $0 |
| HANDOK, INC. | Director | July 22, 2022 P | 5,942,617 | 0 | 0 | $0 |
| David F Welch | Director | March 10, 2017 P | 1,811,415 | 0 | 0 | $0 |
| Barry Michael Sherman | Director | Oct. 31, 2016 A | · | 0 | 0 | $0 |
| Steve Howe | Director | April 30, 2014 A | · | 0 | 0 | $0 |
| Genexine Inc. | 10% owner | April 26, 2019 C | 91,300,933 | 0 | 0 | $0 |
| Konus Advisory Group, Inc. | 10% owner | March 31, 2014 J | 5,057,693 | 0 | 0 | $0 |
| Jue Min Chu | 10% owner | Sept. 4, 2012 S | 0 | 0 | 0 | $0 |
| KAEYO INVESTMENTS LTD | 10% owner | Sept. 4, 2012 S | 0 | 0 | 0 | $0 |
| Orit Wolkin | 10% owner | Sept. 4, 2012 S | 0 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 22 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 |
|---|---|---|---|---|
| BBC · ETFis Series Trust I | 0.79% | 77,705 NS | July 31, 2026 | N-PORT |
| JSML · Janus Detroit Street Trust | 0.42% | 320,855 NS | July 31, 2026 | N-PORT |
| IWC · iShares Trust | 0.08% | 264,133 SH | Sept. 11, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.03% | 130,974 SH | Aug. 19, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.02% | 59,002 SH | Aug. 19, 2026 | Daily |
| RSSL · Global X Funds | 0.01% | 37,404 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.01% | 2,027,959 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 1,005,418 SH | Aug. 19, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.01% | 450,381 SH | Aug. 19, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.01% | 319,926 NS | July 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.00% | 97,914 SH | Sept. 11, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.00% | 12,923 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 13,711 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 19,647 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 120,621 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.00% | 50,203 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 6,281 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 2,744,647 SH | Aug. 19, 2026 | Daily |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.00% | 10,825 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 5,900 SH | Aug. 19, 2026 | Daily |
| VHT · VANGUARD WORLD FUND | 0.00% | 187,511 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | · | 633,100 SH | Sept. 11, 2026 | Daily |
RZLT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 16 analysts
BUY
Median target
$10.00
+149.4%
6 37.5%
Strong Buy
7 43.8%
Buy
3 18.8%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
9 analysts · 2026-09-30Mean target $9.11 +127.2%
← Below all targets
Current price $4.01
Low$6.00
Mean$9.11
High$14.00
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 |
|---|---|---|---|---|---|---|
| RZLT | $501M | -6.9 | · | · | -67.8% | · |
| EIKN | · | · | · | · | · | · |
| RCEL | $105M | -2.0 | 11.5% | -67.8% | 328.9% | 82.1% |
| GALT | $271M | -8.7 | · | · | 25.0% | · |
| KYTX | $568M | -2.6 | · | · | -77.4% | · |
| IRD | $140M | -2.5 | 29.1% | -349.3% | -302.2% | · |
| AGEN | $111M | · | 10.4% | -2.7% | 1.0% | · |
| ENTA | $256M | -3.1 | -3.4% | -125.4% | -103.5% | · |
| XFOR | $364M | -2.1 | 150.0% | -1218.5% | -83.2% | · |
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.
Source: SEC 10-K filed Sep 24, 2026