…
Lantern Pharma Inc. focuses on the discovery and development of oncology drug in India. Its product pipeline comprises LP-300, which is in phase 2 clinical trial in combination therapy for never-smokers with non-small cell lung cancer adenocarcinoma; LP-184, which is in phase 1a clinical trial for the treatment of advanced or metastatic solid tumors, or unresectable or recurrent GBM, solid tumor, such as pancreatic, breast, bladder, and lung cancers, as well as glioblastoma and other central nervous system (CNS) cancers; and LP-284, which is in phase 1 clinical trial for the treatment of non-Hodgkin's lymphomas, including mantle cell lymphoma and double hit lymphoma. The company also develops STAR-001, which is in preclinical development for the treatment of glioblastoma, brain metastases, atypical teratoid rhabdoid tumors, and several rare pediatric CNS cancers. In addition, it provides ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. The company has a strategic AI-driven collaboration with Oregon Therapeutics to optimize the development of its first-in-class protein disulfide isomerase inhibitor drug candidate XCE853 in novel and targeted cancer indications; a collaboration agreement with TTC Oncology, which focuses on the drug development of TTC-352 to treat patients with metastatic ER+ breast cancer; and a collaboration agreement with Actuate Therapeutics, Inc. that focuses on the development of compounds for use in the treatment of cancer and inflammatory diseases leading to fibrosis. The company was incorporated in 2013 and is headquartered in Dallas, Texas.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -17.12M | -20.78M | -15.96M | -14.26M | -12.36M |
| Net income | -17.12M | -20.78M | -15.96M | -14.09M | -12.30M |
| Selling general administrative | 6.46M | 6.09M | 5.98M | 5.83M | 5.02M |
| Selling and marketing expenses | - | - | 5977.45M | - | - |
| Gross profit | -0.02M | -0.19M | -0.17M | - | - |
| Reconciled depreciation | 0.02M | 0.02M | 0.01M | 0.01M | 0.01M |
| Ebit | -17.12M | -20.78M | -15.96M | -14.43M | -12.59M |
| Ebitda | -17.10M | -20.76M | -15.79M | -14.42M | -12.58M |
| Depreciation and amortization | 0.02M | 0.02M | 0.17M | 0.01M | 0.01M |
| Operating income | -17.98M | -22.22M | -17.88M | -14.43M | -12.59M |
| Other operating expenses | 17.98M | 22.22M | 17.88M | 14.43M | 12.59M |
| Interest expense | - | - | - | 0.20M | 0.22M |
| Interest income | 0.44M | 0.74M | 0.57M | 0.20M | 0.07M |
| Net interest income | 0.44M | 0.74M | 0.57M | 0.20M | 0.07M |
| Income tax expense | - | - | -0.00M | -0.17M | -0.07M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 17.98M | 22.22M | 17.70M | 14.43M | 12.59M |
| Cost of revenue | 0.02M | 0.19M | 0.17M | - | - |
| Total other income expense net | 0.86M | 1.44M | 1.92M | 0.17M | 0.23M |
| Net income from continuing ops | -17.12M | -20.78M | -15.16M | -14.26M | -12.36M |
| Net income applicable to common shares | - | - | - | -14.26M | -12.36M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 11.04M | 25.57M | 43.65M | 58.84M | 73.95M |
| Other current assets | 0.65M | 1.23M | 1.18M | 3.53M | 1.99M |
| Total liab | 4.50M | 4.38M | 2.74M | 2.80M | 2.38M |
| Total stockholder equity | 6.53M | 21.19M | 40.91M | 56.04M | 71.57M |
| Other current liab | -78.46M | 4.14M | 2505.21M | 2.75M | 2.17M |
| Common stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings | -93.15M | -76.03M | -55.24M | -39.28M | -25.02M |
| Other assets | - | 0.00M | - | 0.02M | 1.02M |
| Cash | 4.42M | 7.51M | 21.94M | 37.20M | 51.52M |
| Total current liabilities | 4.50M | 4.33M | 2.68M | 2.80M | 2.33M |
| Current deferred revenue | - | - | -2505.21M | - | - |
| Net debt | 74.12M | -7.27M | -21.70M | -37.15M | -51.32M |
| Short term debt | 78.54M | 0.19M | 0.17M | 0.05M | 0.15M |
| Short long term debt total | 78.54M | 0.24M | 0.23M | 0.05M | 0.20M |
| Other stockholder equity | 99.65M | 97.06M | 96.26M | 95.69M | 96.69M |
| Property plant equipment | - | - | - | 0.05M | 0.22M |
| Total current assets | 10.80M | 25.25M | 43.34M | 58.72M | 72.72M |
| Net tangible assets | - | - | - | 56.04M | 71.57M |
| Short term investments | 5.70M | 16.50M | 19.36M | 17.99M | 19.20M |
| Net receivables | 0.03M | 0.10M | 0.86M | 0.59M | 0.18M |
| Accounts payable | 4.42M | 4.14M | 2.51M | 2.75M | 2.17M |
| Accumulated other comprehensive income | 0.03M | 0.15M | -0.11M | -0.37M | -0.09M |
| Common stock total equity | - | - | - | 0.00M | - |
| Retained earnings total equity | - | - | - | -39.28M | - |
| Non currrent assets other | -107.24M | 0.04M | 0.03M | 0.02M | 1.02M |
| Non current assets total | 0.23M | 0.32M | 0.31M | 0.11M | 1.23M |
| Capital lease obligations | 0.08M | 0.24M | 0.23M | 0.05M | 0.20M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 11.06M | 3.37M | -0.58M | 0.21M | -19.52M |
| Change to liabilities | - | - | - | 0.58M | 1.62M |
| Total cashflows from investing activities | 11.06M | 3.37M | -0.93M | 0.18M | -19.53M |
| Total cash from financing activities | 1.50M | 0.07M | -0.50M | -2.18M | 63.42M |
| Change to operating activities | - | - | - | -1.19M | -1.02M |
| Net income | -17.12M | -20.78M | -15.96M | -14.26M | -12.36M |
| Change in cash | -3.09M | -14.43M | -15.81M | -14.78M | 33.30M |
| Begin period cash flow | 7.51M | 21.94M | 37.74M | 52.52M | 19.23M |
| End period cash flow | 4.42M | 7.51M | 21.94M | 37.74M | 52.52M |
| Total cash from operating activities | -15.68M | -17.81M | -14.35M | -12.77M | -10.59M |
| Issuance of capital stock | 1.62M | 0.00M | - | 0.00M | 69.00M |
| Depreciation | 0.02M | 0.02M | 0.01M | 0.01M | 0.01M |
| Other cashflows from investing activities | 11031.29M | 20.65M | -0.00M | - | - |
| Change to account receivables | - | -0.18M | -0.16M | - | - |
| Sale purchase of stock | - | - | -0.50M | -2.48M | - |
| Other cashflows from financing activities | -0.14M | 0.07M | -0.93M | 0.30M | -5.58M |
| Change to netincome | - | - | - | 1.74M | 1.16M |
| Capital expenditures | 0.00M | 0.01M | 0.02M | 0.03M | 0.02M |
| Cash flows other operating | - | - | - | -0.92M | - |
| Cash and cash equivalents changes | - | - | - | -14.77M | - |
| Change in working capital | 0.64M | 2.23M | 0.54M | -0.61M | 0.60M |
| Stock based compensation | 0.65M | 0.73M | 1.07M | 1.19M | 0.96M |
| Other non cash items | 0.14M | -0.01M | -0.01M | 0.91M | 0.09M |
| Free cash flow | -15.68M | -17.83M | -14.37M | -12.80M | -10.61M |
Sector: Healthcare Industry: Biotechnology
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| LTRN Lantern Pharma Inc |
0.04 6.75% |
0.57 | - | - | - | 9.74 | 0.21 |
| NVO Novo Nordisk A/S |
0.01 0.02% |
40.31 | 41.58 | 31.15 | 2.13 | 32.99 | 4.70 |
| VRTX Vertex Pharmaceuticals Inc |
4.59 0.85% |
547.09 | 30.22 | 24.27 | 10.36 | 6.50 | 24.66 |
| REGN Regeneron Pharmaceuticals Inc |
1.45 0.16% |
904.35 | 29.07 | 20.12 | 7.57 | 3.82 | 19.42 |
| ARGNF argenx SE |
- -% |
900.30 | 45.77 | 31.25 | 13.84 | 7.12 | 36.06 |
Lantern Pharma Inc. focuses on the discovery and development of oncology drug in India. Its product pipeline comprises LP-300, which is in phase 2 clinical trial in combination therapy for never-smokers with non-small cell lung cancer adenocarcinoma; LP-184, which is in phase 1a clinical trial for the treatment of advanced or metastatic solid tumors, or unresectable or recurrent GBM, solid tumor, such as pancreatic, breast, bladder, and lung cancers, as well as glioblastoma and other central nervous system (CNS) cancers; and LP-284, which is in phase 1 clinical trial for the treatment of non-Hodgkin's lymphomas, including mantle cell lymphoma and double hit lymphoma. The company also develops STAR-001, which is in preclinical development for the treatment of glioblastoma, brain metastases, atypical teratoid rhabdoid tumors, and several rare pediatric CNS cancers. In addition, it provides ADC program, an antibody drug conjugate therapeutic approach for cancer treatment. The company has a strategic AI-driven collaboration with Oregon Therapeutics to optimize the development of its first-in-class protein disulfide isomerase inhibitor drug candidate XCE853 in novel and targeted cancer indications; a collaboration agreement with TTC Oncology, which focuses on the drug development of TTC-352 to treat patients with metastatic ER+ breast cancer; and a collaboration agreement with Actuate Therapeutics, Inc. that focuses on the development of compounds for use in the treatment of cancer and inflammatory diseases leading to fibrosis. The company was incorporated in 2013 and is headquartered in Dallas, Texas.
1920 McKinney Avenue, Dallas, TX, United States, 75201
972 277 1136
16
| Name | Title | Year Born |
|---|---|---|
| Mr. Panna Sharma PH.D. | Pres, CEO & Director | 1971 |
| Mr. David R. Margrave | CFO & Sec. | 1961 |
| Dr. Kishor Gopaldas Bhatia Ph.D. | Chief Scientific Officer & Scientific Consultant | 1955 |
| Nicole Leber | Investor Relations Associate, Fin. & Admin. Coordinator | NA |
| Dr. Peter L. Nara D.V.M., M.S., Ph.D. | Co-Founder & Advisor | NA |
| Mr. Panna Sharma PH.D. | President, CEO & Director | 1971 |
| Mr. David R. Margrave | CFO & Secretary | 1961 |
| Nicole Leber | Investor Relations Associate, Finance & Administrative Coordinator | NA |
| Mr. Ernest Kitt B.S., M.S | Head of Clinical Operations | NA |
| Mr. Panna Sharma | President, CEO & Director | 1971 |
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