Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$9.755M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
11.11%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
$4.812M
Q2 2024
Book Value
-$4.278M
Q2 2024
Cash
Q2 2024
P/E
-0.4560
Sep 13, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $0.00 $4.984M $5.654M $2.850M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -11.85% 98.38%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $0.00 $4.984M $5.654M $2.850M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $4.303M $4.332M $2.640M
Gross Profit $680.8K $1.321M $210.0K
Gross Profit Margin 13.66% 23.37% 7.37%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $6.096M $11.79M $12.27M $7.410M $2.209M $5.430M $4.780M $4.880M $6.400M $1.970M $1.360M $1.830M $1.830M
YoY Change -48.28% -3.92% 65.55% 235.37% -59.31% 13.6% -2.05% -23.75% 224.87% 44.85% -25.68% 0.0%
% of Gross Profit 1731.21% 928.49% 3528.57%
Research & Development $5.209M $6.837M $11.72M $3.320M $6.127M $12.26M $2.870M $13.29M $2.260M $110.0K $460.0K $1.390M $1.390M
YoY Change -23.81% -41.65% 252.91% -45.81% -50.02% 327.18% -78.4% 488.05% 1954.55% -76.09% -66.91% 0.0%
% of Gross Profit 1004.28% 886.8% 1580.95%
Depreciation & Amortization $4.500K $152.6K $113.2K $90.00K $1.460K $10.00K $10.00K $10.00K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -97.05% 34.76% 25.8% 6064.38% -85.4% 0.0% 0.0%
% of Gross Profit 22.41% 8.57% 42.86%
Operating Expenses $11.30M $27.16M $23.98M $10.73M $6.127M $12.26M $7.900M $18.45M $8.910M $2.280M $2.110M $3.400M $3.400M
YoY Change -58.38% 13.26% 123.53% 75.13% -50.02% 55.19% -57.18% 107.07% 290.79% 8.06% -37.94% 0.0%
Operating Profit -$11.30M -$22.18M -$22.66M -$10.52M
YoY Change -49.03% -2.13% 115.43%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense -$1.525M -$26.65K $42.69K -$8.360M $12.62K $130.0K $40.00K $60.00K $40.00K -$210.0K $0.00 -$50.00K -$50.00K
YoY Change 5621.28% -162.43% -100.51% -66344.06% -90.29% 225.0% -33.33% 50.0% -119.05% -100.0% 0.0%
% of Operating Profit
Other Income/Expense, Net $2.074M $881.7K $4.729M $260.0K $535.1K $0.00 $0.00 $0.00 $80.00K $20.00K $20.00K $0.00 $0.00
YoY Change 135.28% -81.35% 1718.7% -51.41% -100.0% 300.0% 0.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income -$12.48M -$21.30M -$17.89M -$19.55M -$1.667M -$16.87M -$7.860M -$18.38M -$8.790M -$2.470M -$2.100M -$3.450M -$3.450M
YoY Change -41.41% 19.05% -8.48% 1072.51% -90.12% 114.63% -57.24% 109.1% 255.87% 17.62% -39.13% 0.0%
Income Tax -$4.790K -$265.0K $5.430K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$13.42M -$18.64M -$17.90M -$19.55M -$1.667M -$16.87M -$7.860M -$18.38M -$8.790M -$2.470M -$2.100M -$3.450M -$3.450M
YoY Change -28.02% 4.15% -8.45% 1072.51% -90.12% 114.63% -57.24% 109.1% 255.87% 17.62% -39.13% 0.0%
Net Earnings / Revenue -374.04% -316.55% -685.96%
Basic Earnings Per Share -$4.85 -$6.10
Diluted Earnings Per Share -$2.64 -$4.85 -$610.1K -$1.122M -$1.194M -$80.33M -$87.33M -$459.5M -$879.0M -$123.5M -$105.0M -$172.5M -$172.5M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $401.8K $7.034M $17.54M $23.98M $5.953M $14.80M $22.63M $7.050M $15.82M $2.750M $450.0K $1.770M $1.770M
YoY Change -94.29% -59.89% -26.86% 302.83% -59.78% -34.6% 220.99% -55.44% 475.27% 511.11% -74.58% 0.0%
Cash & Equivalents $7.034M $17.54M $23.98M $5.953M $7.810M $22.63M $7.050M $15.82M $2.750M $450.0K $1.770M $1.770M
Short-Term Investments $6.990M $6.990M
Other Short-Term Assets $765.0K $1.661M $1.380M $2.680M $176.7K $420.0K $170.0K $160.0K $190.0K $60.00K $80.00K $80.00K $80.00K
YoY Change -53.95% 20.39% -48.51% 1416.35% -57.92% 147.06% 6.25% -15.79% 216.67% -25.0% 0.0% 0.0%
Inventory $1.586M $1.056M $950.0K
Prepaid Expenses
Receivables $538.6K $822.4K $620.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.167M $10.82M $20.80M $28.22M $6.130M $15.28M $22.80M $7.200M $16.01M $2.800M $520.0K $1.850M $1.850M
YoY Change -89.22% -47.97% -26.31% 360.39% -59.88% -32.98% 216.67% -55.03% 471.79% 438.46% -71.89% 0.0%
Property, Plant & Equipment $0.00 $1.768M $1.850M $700.0K $79.84K $20.00K $20.00K $20.00K $20.00K $10.00K $10.00K $0.00 $0.00
YoY Change -100.0% -4.44% 164.25% 776.75% 299.2% 0.0% 0.0% 0.0% 100.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $866.5K $24.02K $18.33K $20.00K $478.1K $20.00K $10.00K $10.00K $10.00K $150.0K $20.00K $10.00K $10.00K
YoY Change 3507.33% 31.04% -8.35% -95.82% 2290.4% 100.0% 0.0% 0.0% -93.33% 650.0% 100.0% 0.0%
Total Long-Term Assets $866.5K $8.263M $2.039M $910.0K $557.9K $40.00K $30.00K $40.00K $30.00K $160.0K $30.00K $10.00K $10.00K
YoY Change -89.51% 305.18% 124.1% 63.11% 1294.78% 33.33% -25.0% 33.33% -81.25% 433.33% 200.0% 0.0%
Total Assets $2.033M $19.08M $22.84M $29.13M $6.688M $15.32M $22.83M $7.240M $16.04M $2.960M $550.0K $1.860M $1.860M
YoY Change
Accounts Payable $2.223M $857.3K $886.2K $500.0K $1.290M $4.510M $2.240M $1.900M $740.0K $1.080M $830.0K $750.0K $750.0K
YoY Change 159.3% -3.26% 77.24% -61.24% -71.39% 101.34% 17.89% 156.76% -31.48% 30.12% 10.67% 0.0%
Accrued Expenses $527.0K $1.928M $1.864M $970.0K $382.3K $1.410M $450.0K $1.220M $610.0K $170.0K $30.00K $30.00K $30.00K
YoY Change -72.67% 3.43% 92.17% 153.73% -72.89% 213.33% -63.11% 100.0% 258.82% 466.67% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $1.299M $950.7K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $30.00K $130.0K $130.0K
YoY Change 36.66% -100.0% -76.92% 0.0%
Long-Term Debt Due $0.00 $130.0K
YoY Change -100.0%
Total Short-Term Liabilities $4.137M $8.608M $4.635M $10.43M $1.672M $5.930M $2.710M $3.130M $1.350M $1.250M $900.0K $910.0K $910.0K
YoY Change -51.94% 85.7% -55.56% 523.65% -71.8% 118.82% -13.42% 131.85% 8.0% 38.89% -1.1% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $10.00K $0.00 $0.00 $0.00 $0.00 $0.00 $16.20M $12.41M $11.09M $11.09M
YoY Change -100.0% -100.0% 30.54% 11.9% 0.0%
Other Long-Term Liabilities $1.351M $1.635M $400.0K
YoY Change -17.4% 308.87%
Total Long-Term Liabilities $0.00 $1.351M $1.635M $410.0K $0.00 $0.00 $0.00 $0.00 $0.00 $16.20M $12.41M $11.09M $11.09M
YoY Change -100.0% -17.4% 298.9% -100.0% 30.54% 11.9% 0.0%
Total Liabilities $4.137M $11.85M $6.271M $10.83M $1.672M $5.930M $2.710M $3.130M $1.350M $17.46M $13.31M $12.00M $12.00M
YoY Change -65.08% 88.93% -42.1% 547.57% -71.8% 118.82% -13.42% 131.85% -92.27% 31.18% 10.92% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Basic Shares Outstanding 5.073M shares 3.840M shares 2.933M shares
Diluted Shares Outstanding 5.073M shares 3.840M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $4.4478 Million

About Qualigen Therapeutics Inc

Qualigen Therapeutics, Inc. is a biotechnology company focused on developing therapeutics for the treatment of cancer and infectious diseases. The company is headquartered in Los Angeles, California and currently employs 4 full-time employees. The company went IPO on 2015-06-24. The firm is focused on developing treatments for adult and pediatric cancers. The Company’s business consists of one early-clinical-stage therapeutic program (QN-302) and one preclinical therapeutic program (Pan-RAS). Its lead program, QN-302, is an investigational small molecule G-quadruplexes (G4)-selective transcription inhibitor with strong binding affinity to G4s prevalent in cancer cells (such as pancreatic cancer). Its Pan-RAS program, which is at the preclinical stage, consists of a family of rat sarcoma virus (RAS) oncogene protein-protein interaction inhibitor small molecules inhibits or block mutated RAS genes’ proteins from binding to their effector proteins thereby leaving the proteins from the mutated RAS unable to cause further harm. Its QN-302 is in a Phase 1a clinical trial.

Industry: Pharmaceutical Preparations Peers: Bone Biologics Corp Allarity Therapeutics Inc American CryoStem Corp Protagenic Therapeutics Inc Plus Therapeutics Inc CervoMed Inc Skye Bioscience Inc ProtoKinetix Inc