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Financial statements

Protagenic Therapeutics, Inc.\new financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Protagenic Therapeutics, Inc.\new 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

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026FY2026
Revenue0000000
Research and development0.720.880.810.71.141.593.063.840.380.9
General and administrative1.651.431.281.8531.971.211.760.080.33
Operating expenses2.372.312.092.554.143.564.535.72.594.5
Operating income-2.37-2.31-2.09-2.55-4.14-3.56-4.53-5.7-2.59-4.5
Interest expense0.250.50.140.11
Interest income00.030.190.260.04
Other non-operating income0.11-0.240.340-0.380-0.470.18-15.87
Pre-tax income-2.26-2.56-1.75-2.55-4.52-3.56-5-5.53-3.591.37
Net income-2.26-2.56-1.75-2.55-4.52-3.56-5-5.53-3.591.37
EBITDA-2.37-2.31-2.09-2.55-3.56-4.5-5.65-4.45
EPS, basic-0.22-0.25-0.17-0.25-1.24-0.82-1.15-1.13-0.670.59
EPS, diluted-0.22-0.25-0.17-0.25-0.31-0.82-1.15-1.13-0.670.59
Shares, basic (weighted)10.310.310.310.33.694.324.344.95.372.33
Shares, diluted (weighted)10.310.310.310.314.74.324.344.95.372.33

Balance sheet

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026FY2026
Cash and equivalents0.40.360.80.670.540.221.290.080.011.51
Short-term investments9.837.762.77
Inventory0
Other current assets0.090.080.040.210.690.060.140.040.060.03
Total current assets1.780.70.840.8811.18.044.21.880.091.54
Property, plant and equipment00000.120.070.060.01
Intangible assets2.09
Total assets1.780.70.840.8811.18.044.321.960.093.65
Accounts payable0.140.230.870.570.50.670.960.95
Accrued liabilities0.250.08
Total current liabilities0.560.911.20.660.81.120.660.945.041.03
Total liabilities0.560.911.482.031.121.120.660.945.041.03
Paid-in capital12.213.414.716.732.433.434.637.40.466.99
Retained earnings-10.8-13.4-15.2-17.7-22.2-25.8-30.8-36.3-5.4-4.03
Other comprehensive income-0.17-0.17-0.17-0.17-0.25-0.68-0.11-0.13-0.13
Shareholders' equity1.22-0.21-0.63-1.159.946.923.67-3.32-4.952.62
Total equity1.22-0.21-0.63-1.159.946.923.67-3.32-4.952.62
Total liabilities and equity1.780.70.840.8811.18.044.321.960.093.65
Shares outstanding10.310.310.310.44.34.324.440.525.81.81

Cash flow statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026FY2026
Net income-2.26-2.56-1.75-2.55-4.52-3.56-5-5.53-3.591.37
Depreciation and amortization000000.030.050.05
Stock-based compensation0.891.130.81.651.520.860.670.920.42
Change in inventory-0-0
Change in payables0.020.10.66-0.20.34-0.09-0.180.460.181.04
Cash from operations-1.38-1.07-0.49-1.35-2.8-1.99-3.7-4.22-1.77-2.81
Capital expenditures-0-0.15-0
Purchases of investments-10.4-0.03-2.76-0.3
Sales and maturities of investments0.491.637.693.1
Cash from investing-1.291.050.25-9.911.64.782.80.63
Stock issued00.4
Cash from financing0.671.2212.61.961.813.87
Exchange rate effect-0.03-0.01
Net change in cash-2.7-0.040.44-0.13-0.13-0.331.070.550.041.7
Free cash flow-2-3.85-2.81

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 $0.78 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)316.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)195.3%Net income / average total assets.
Return on invested capital (ROIC)-290.5%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Total assets growth, 1y3,997.0%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y-56.6%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 ratio0.66xCurrent assets / current liabilities.
Quick ratio0.53x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.53x(Cash + short-term investments) / current liabilities.
Liabilities / assets38.4%Total liabilities / total assets.
Working capital-$362.7KCurrent assets - current liabilities.
Goodwill and intangibles / assets74.4%(Goodwill + intangible assets) / total assets.
Tangible book value-$356.5KShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$3.02Net 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-$1.10Cash from operations / diluted weighted shares.
Book value per share$0.95Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.20Tangible book value / shares outstanding.
Cash per share$0.31(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.4MShare price x shares outstanding.
Enterprise value$846.0KMarket cap + total debt - cash - short-term investments.
P/E0.26xMarket cap / net income. Only when net income is positive.
P/B0.82xMarket cap / shareholders' equity. Only when equity is positive.
Earnings yield386.8%Net income / market cap (the inverse of P/E).
What was Protagenic Therapeutics, Inc.\new's revenue in fiscal 2026?

Protagenic Therapeutics, Inc.\new reported revenue of $0.0 for fiscal 2026.

Was Protagenic Therapeutics, Inc.\new profitable in fiscal 2026?

Yes. Net income was $1.4M, a net margin of -.

How much free cash flow did Protagenic Therapeutics, Inc.\new generate in fiscal 2026?

Cash from operations of $2.8M minus capital expenditures of $3.3K left free cash flow of -$2.8M.

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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