Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$64.86M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
1736.94%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$243.9M
Q2 2024
Cash
Q2 2024
P/E
-2.297
Sep 17, 2024 EST
Free Cash Flow
-$55.65M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $0.00 $0.00 $0.00 $1.436M $1.697M
YoY Change -100.0% -15.38%

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
Revenue $0.00 $0.00 $0.00 $1.436M $1.697M
Cost Of Revenue
Gross Profit
Gross Profit Margin

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
Selling, General & Admin $18.82M $12.88M $7.279M $1.351M $926.0K
YoY Change 46.16% 76.89% 438.79% 45.9%
% of Gross Profit
Research & Development $42.32M $32.36M $12.31M $7.997M $8.576M
YoY Change 30.77% 162.99% 53.87% -6.75%
% of Gross Profit
Depreciation & Amortization $61.00K $32.00K $4.000K
YoY Change 90.63% 700.0%
% of Gross Profit
Operating Expenses $61.14M $45.24M $19.58M $9.348M $9.502M
YoY Change 35.15% 130.99% 109.5% -1.62%
Operating Profit -$61.14M -$45.24M -$19.58M
YoY Change 35.15% 130.99%

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
Interest Expense $8.850M $2.392M $84.00K $1.000K $45.00K
YoY Change 269.98% 2747.62% 8300.0% -97.78%
% of Operating Profit
Other Income/Expense, Net -$83.00K $2.381M -$81.11M $586.0K -$147.0K
YoY Change -103.49% -102.94% -13940.61% -498.64%

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
Pretax Income -$52.37M -$42.86M -$100.6M -$7.325M -$7.907M
YoY Change 22.2% -57.4% 1273.46% -7.36%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$52.37M -$42.86M -$100.6M -$7.325M -$7.907M
YoY Change 22.2% -57.4% 1273.46% -7.36%
Net Earnings / Revenue -510.1% -465.94%
Basic Earnings Per Share -$1.08 -$1.06 -$5.02
Diluted Earnings Per Share -$1.08 -$1.06 -$5.016M -$189.5K -$204.6K

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
Cash & Short-Term Investments $243.5M $177.6M $194.2M $43.78M $6.552M
YoY Change 37.11% -8.56% 343.7% 568.15%
Cash & Equivalents $66.89M $130.1M $122.2M $43.78M $6.552M
Short-Term Investments $176.6M $47.50M $72.08M
Other Short-Term Assets $3.093M $2.724M $4.424M $543.0K $596.0K
YoY Change 13.55% -38.43% 714.73% -8.89%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $246.6M $180.3M $198.7M $44.43M $7.178M
YoY Change 36.76% -9.23% 347.14% 518.96%
Property, Plant & Equipment $503.0K $270.0K $36.00K
YoY Change 86.3% 650.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $62.55M $15.84M $31.62M
YoY Change 294.98% -49.91%
Other Assets $454.0K $151.0K $14.00K $0.00 $144.0K
YoY Change 200.66% 978.57% -100.0%
Total Long-Term Assets $63.51M $16.26M $31.67M $0.00 $144.0K
YoY Change 290.64% -48.66% -100.0%
Total Assets $310.1M $196.6M $230.3M $44.43M $7.322M
YoY Change
Accounts Payable $1.379M $1.640M $1.088M $531.0K $223.0K
YoY Change -15.91% 50.74% 104.9% 138.12%
Accrued Expenses $10.62M $6.041M $3.855M $333.0K $505.0K
YoY Change 75.86% 56.71% 1057.66% -34.06%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $756.0K
YoY Change
Total Short-Term Liabilities $12.97M $7.812M $5.147M $6.367M $1.342M
YoY Change 66.04% 51.78% -19.16% 374.44%
Long-Term Debt $29.90M $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $284.0K $0.00
YoY Change
Total Long-Term Liabilities $30.18M $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $43.15M $7.812M $5.147M $6.367M $1.342M
YoY Change 452.38% 51.78% -19.16% 374.44%

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
Basic Shares Outstanding 48.61M shares 40.60M shares 20.06M shares
Diluted Shares Outstanding 48.61M shares 40.60M shares 20.06M 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: $149 Million

About Acumen Pharmaceuticals Inc

Acumen Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which discovers and develops medicines and diagnostics for Alzheimer's disease. The company is headquartered in Charlottesville, Virginia and currently employs 51 full-time employees. The company went IPO on 2021-07-01. The firm is engaged in developing a disease-modifying approach to target underlying cause of Alzheimer's disease (AD). The firm is focused on focused on advancing a targeted immunotherapy drug candidate, sabirnetug (ACU193), in clinical development following Phase I results in early AD patients (patients with mild cognitive impairment or mild dementia due to Alzheimer’s pathology). Sabirnetug is a recombinant humanized immunoglobulin gamma 2 (IgG2), monoclonal antibody (mAb) that selectively targets the anti-amyloid-beta oligomer (AbOs), has demonstrated functional and protective effects in in-vitro assays, and has demonstrated in-vivo safety and pharmacologic activity in multiple animal species including transgenic models for AD. The firm is developing sabirnetug for intravenous (IV), administration every four weeks for the treatment of early AD.

Industry: Biological Products, (No Diagnostic Substances) Peers: Actinium Pharmaceuticals Inc Fennec Pharmaceuticals Inc Ardelyx Inc Clene Inc. Compass Therapeutics Inc. VBI Vaccines Inc Oyster Point Pharma, Inc. ARS Pharmaceuticals Inc Verastem Inc