Valuation
Is the price right?2/3 inputs reported · Partial data
- Share count up 53.1% (existing holders diluted)
Weaker than most peers on:
- ▼ Earnings yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
2/3 inputs reported · Partial data
Weaker than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
3/3 inputs reported · High confidence
Weaker than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Got weaker
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Net income (12 months) | −26.3M USD | −27.8M USD | +6.1% |
| Cash | 14.1M USD | 13.3M USD | −6.0% |
| Shares outstanding | 65.9M | 100.8M | +53.1% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Biotechnology are within their usual range since 2016.
Earnings-based measures are left out for now because many companies in Biotechnology are losing money.
| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Return on assets (ROA) | -73.0% | -182.2% | -145.6% | -268.9% | -157.9% | ▲ 111 pts |
| Return on equity (ROE) | -3418.5% | — | — | — | — | — |
| Current ratio | 4.63× | 1.58× | 1.77× | 0.49× | 2.42× | ▲ 397% |
| Interest coverage | -61.72× | -37.13× | -13.64× | -7.66× | -2.74× | ▲ 64% |
Price history is added with the daily price update and will appear after the next one.