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Financial statements

OS Therapies Inc financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data OS Therapies Inc files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2024FY2025
Research and development3.222.8416.4
General and administrative1.133.9712.3
Operating income-4.34-6.81-28.7
Interest expense3.452.05
Interest income00
Other non-operating income-3.45-2.07-0.05
Net income-7.79-8.88-28.8
EBITDA-4.34-6.81-28.3
EPS, basic-2.12-1.28-0.98
EPS, diluted-2.12-1.28-0.98
Shares, basic (weighted)3.7312.4
Shares, diluted (weighted)3.736.9529.3

Balance sheet

FY2024FY2024FY2025
Cash and equivalents0.045.530.27
Other current assets0.06
Total current assets0.795.530.33
Property, plant and equipment0.010.010
Intangible assets0.016.5
Total assets0.85.546.84
Accounts payable2.721.669.94
Accrued liabilities0.160.521.42
Total current liabilities24.74.6311.8
Total liabilities24.84.7311.9
Paid-in capital5.535.161.1
Retained earnings-29.5-38.4-67.2
Shareholders' equity-24-3.27-6.1
Total equity-24-3.27-6.1
Total liabilities and equity0.85.546.84
Shares outstanding3.6720.937.1

Cash flow statement

FY2024FY2024FY2025
Net income-7.79-8.88-28.8
Depreciation and amortization000.36
Stock-based compensation00.274.27
Change in payables1.35-1.058.27
Cash from operations-3.01-7.28-14.2
Capital expenditures-0.47
Cash from investing0-0.47
Cash from financing2.8712.89.44
Net change in cash-0.135.5-5.26
Free cash flow-14.7

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.66 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-397.8%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y23.5%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y320.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.18xCurrent assets / current liabilities.
Quick ratio0.01x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.01x(Cash + short-term investments) / current liabilities.
Liabilities / assets209.6%Total liabilities / total assets.
Working capital-$17.0MCurrent assets - current liabilities.
Goodwill and intangibles / assets63.2%(Goodwill + intangible assets) / total assets.
Tangible book value-$18.2MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.90Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$0.42Cash from operations / diluted weighted shares.
Book value per share-$0.26Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.40Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$76.6MShare price x shares outstanding.
Enterprise value$76.4MMarket cap + total debt - cash - short-term investments.
Earnings yield-51.4%Net income / market cap (the inverse of P/E).
Was OS Therapies Inc profitable in fiscal 2025?

No. It reported a net loss of $28.8M.

How much free cash flow did OS Therapies Inc generate in fiscal 2025?

Cash from operations of $14.2M minus capital expenditures of $466.4K left free cash flow of -$14.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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