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OTC · Health careCASI Pharmaceuticals, Inc. (CASIF)
CASI Pharmaceuticals, Inc. reported revenue of $20.7M in fiscal 2025, down 27.4% from a year earlier. It posted a net loss of $48.1M. In fiscal 2025 capital spending exceeded operating cash flow by $20.8M. At December 31, 2025 it held $5.6M in cash against $19.2M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on May 15, 2026.
Key facts about CASI Pharmaceuticals, Inc.
- Net worth
- CASI Pharmaceuticals, Inc. reported shareholders' equity (book value: assets minus liabilities) of -$37.3M at December 31, 2025. We hold no current market value for it.
- Revenue and profit
- In fiscal 2025 revenue was $20.7M (-27.4% year on year), with a net loss of $48.1M.
- Cash flow
- In fiscal 2025 operations used $20.8M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on May 15, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What CASI Pharmaceuticals, Inc. does
CASI Pharmaceuticals, Inc. is registered with the SEC under industry code SIC 2834 (Pharmaceutical Preparations). Its shares trade on OTC under the ticker CASIF.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $20.7M | -$48.1M | -$2.59 | -$20.8M |
| 2024 | $28.5M | -$39.3M | -$2.56 | -$29.4M |
| 2023 | $33.9M | -$27M | -$2.02 | -$20.2M |
| 2022 | $43.1M | -$41M | -$3.01 | -$26.7M |
| 2022 | $30.2M | -$36.7M | -$2.69 | -$35.8M |
| 2020 | $15.1M | -$48.3M | -$4.37 | -$27.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CASIF ranks in Health care
Latest SEC filings
What CASI Pharmaceuticals, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 2, 2026
- August 14, 2026
- August 13, 2026
- July 15, 2026
- June 29, 2026
- June 23, 2026Delisting notice 25-NSE
- June 2, 2026
- May 18, 2026Activist stake changed SCHEDULE 13D/A
- May 15, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue fell 27% to $20.7M versus the prior year; diluted EPS -$2.59 versus -$2.56.
- April 21, 2026Form NT 20-F filing NT 20-F
Insider trades
What the people running CASI Pharmaceuticals, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns CASIF
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| WEI-WU HE, Ph.D.13D, may seek influence with 6 related filers | 58.8% | May 18, 2026 |
| James Huang13D, may seek influence with 3 related filers | 22.5% | December 17, 2025 |
| Chen Zhenfeng13G, passive | 11% | November 26, 2025 |
| Venrock Healthcare Capital Partners III, L.P.13G, passive with 6 related filers | 9.2% | February 17, 2026 |
| Sparkle Byte Ltd13D, may seek influence with 11 related filers | 5% | January 20, 2026 |
Largest institutional holders
Insiders
Questions about CASIF
What does CASI Pharmaceuticals, Inc. do?
CASI Pharmaceuticals, Inc. is a company in the Health care sector, listed on OTC as CASIF. Its shares trade on OTC under the ticker CASIF.
What is CASI Pharmaceuticals, Inc.'s net worth?
CASI Pharmaceuticals, Inc. reported shareholders' equity (book value: assets minus liabilities) of -$37.3M at December 31, 2025. We hold no current market value for it.
Is CASI Pharmaceuticals, Inc. profitable?
No. In fiscal 2025 it reported a net loss of $48.1M on revenue of $20.7M.
How much revenue does CASI Pharmaceuticals, Inc. make?
In fiscal 2025 CASI Pharmaceuticals, Inc. reported revenue of $20.7M. That is 27.4% less than a year earlier.
When did CASI Pharmaceuticals, Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on May 15, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 2, 2026.
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Where the numbers come from
Financial figures are the values CASI Pharmaceuticals, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.