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Financial statements

Unicycive Therapeutics, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Unicycive Therapeutics, 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

FY2021FY2021FY2022FY2023FY2024FY2025
Revenue0.950.68
Research and development1.026.0812.412.9209.12
Selling, general and administrative0.060.250.38
General and administrative1.012.96.578.5512.120.4
Operating expenses2.028.981921.432.129.5
Operating income-2.02-8.98-18.1-20.8-32.1-29.5
Interest expense0.240.630.010.080.070.07
Interest income0.621.261.01
Other non-operating income-0.24-1.04-0.01-9.77-4.612.96
Net income-2.26-10-18.1-30.5-36.7-26.6
EBITDA-1.96-8.51-17.6-20.8-32.1-29.5
EPS, basic-2.72-8.68-12.11-12.91-5.65-1.67
EPS, diluted-2.72-8.68-12.11-12.91-5.65-1.67
Shares, basic (weighted)0.841.161.492.436.715.9
Shares, diluted (weighted)0.841.161.492.436.715.9

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents16.60.469.726.129.2
Short-term investments12.1
Inventory1.832.19
Other current assets01.832.193.74.817.69
Total current assets0.218.42.6413.430.949
Property, plant and equipment0.030.020.030.080.07
Lease right-of-use assets0.310.150.770.650.11
Total assets0.218.72.8214.231.749.1
Accounts payable0.180.740.890.841.060.38
Accrued liabilities0.171.212.243.233.561.52
Total current liabilities2.882.113.2817.524.118.9
Lease liabilities0.160.470.12
Total liabilities2.882.263.281824.218.9
Paid-in capital3.2432.433.560.7109158
Retained earnings-5.92-15.9-34-64.5-101-128
Other comprehensive income-0
Shareholders' equity-2.6716.5-0.47-3.817.4330.2
Total equity-2.6716.5-0.47-3.817.4330.2
Total liabilities and equity0.218.72.8214.231.749.1
Shares outstanding0.841.491.513.4411.422.1

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-2.26-10-18.1-30.5-36.7-26.6
Depreciation and amortization0.060.470.430.010.020.03
Stock-based compensation0.230.971.051.772.352.64
Deferred income tax0
Change in payables-0.071.241.271.280.79-2.51
Cash from operations-1.46-5.77-15.7-18.3-28.6-31.3
Capital expenditures-0.03-0-0.01-0.07-0.02
Purchases of investments-12.1
Cash from investing-0.03-0-0.01-0.07-12.1
Stock issued0.120.01
Dividends paid-0.9-1.1
Cash from financing1.4422.4-0.4727.545.146.5
Net change in cash-0.0216.6-16.19.2516.43.06
Free cash flow-5.8-15.7-18.3-28.6-31.3
Interest paid0.010.020.01

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 $4.70 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-66.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-48.9%Net income / average total assets.
Return on invested capital (ROIC)-288.2%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
Book value growth, 1y306.4%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y55.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y159.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y199.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y137.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y120.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y79.9%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio3.81xCurrent assets / current liabilities.
Quick ratio3.28x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.28x(Cash + short-term investments) / current liabilities.
Liabilities / assets26.0%Total liabilities / total assets.
Working capital$52.6MCurrent assets - current liabilities.
Tangible book value$53.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.31Net 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.
FCF per share-$1.03Free cash flow / diluted weighted shares.
Operating cash flow per share-$1.03Cash from operations / diluted weighted shares.
Book value per share$1.91Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.91Tangible book value / shares outstanding.
Cash per share$2.21(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$130.8MShare price x shares outstanding.
Enterprise value$69.4MMarket cap + total debt - cash - short-term investments.
P/B2.46xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.46xMarket cap / tangible book value, when positive.
FCF yield-21.3%Free cash flow / market cap.
Earnings yield-26.9%Net income / market cap (the inverse of P/E).
Was Unicycive Therapeutics, Inc. profitable in fiscal 2025?

No. It reported a net loss of $26.6M.

How much free cash flow did Unicycive Therapeutics, Inc. generate in fiscal 2025?

Cash from operations of $31.3M minus capital expenditures of $24.0K left free cash flow of -$31.3M.

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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