Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$24.74M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
2430.96%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$145.8M
Q4 2024
Cash
Q4 2024
P/E
-81.12
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

Revenue YoY Change

No data

Revenues

Concept 2024 2023 2022 2021 2020
Revenue $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020
Selling, General & Admin $6.824M $3.952M $2.378M $2.055M
YoY Change 72.67% 66.19% 15.72%
% of Gross Profit
Research & Development $29.94M $24.84M $8.869M $7.419M $3.688M
YoY Change 20.51% 180.12% 19.54% 101.17%
% of Gross Profit
Depreciation & Amortization $164.0K $139.0K $64.00K $30.00K $17.00K
YoY Change 17.99% 117.19% 113.33% 76.47%
% of Gross Profit
Operating Expenses $40.00M $31.67M $12.82M $9.797M $5.743M
YoY Change 26.3% 147.0% 30.87% 70.59%
Operating Profit -$40.00M -$31.67M -$12.82M -$9.797M -$5.743M
YoY Change 26.3% 147.0% 30.87% 70.59%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020
Interest Expense $45.00K $16.00K $131.0K -$9.000K
YoY Change 181.25% -87.79% -1555.56%
% of Operating Profit
Other Income/Expense, Net $3.858M $45.00K $173.0K $131.0K -$9.000K
YoY Change 8473.33% -73.99% 32.06% -1555.56%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

No data

Pretax & Net Income

Concept 2024 2023 2022 2021 2020
Pretax Income -$36.14M -$31.62M -$12.65M -$9.666M -$5.752M
YoY Change 14.28% 150.02% 30.85% 68.05%
Income Tax $6.000K $9.000K $0.00 $0.00 $1.000K
% Of Pretax Income
Net Earnings -$36.14M -$31.63M -$12.60M -$9.666M -$5.753M
YoY Change 14.26% 151.05% 30.35% 68.02%
Net Earnings / Revenue
Basic Earnings Per Share -$1.18 -$1.19 -$0.63 -$1.01 -$0.65
Diluted Earnings Per Share -$1.18 -$1.19 -$0.63 -$401.2K -$238.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

No data

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2024 2023 2022 2021 2020
Cash & Short-Term Investments $88.16M $42.09M $17.34M $25.62M
YoY Change 109.45% 142.67% -32.3%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $916.0K $699.0K $64.00K $10.00K
YoY Change 31.04% 992.19% 540.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $89.94M $42.81M $17.43M $25.67M
YoY Change 110.11% 145.58% -32.09%
Property, Plant & Equipment $1.301M $1.347M $94.00K $46.00K
YoY Change -3.41% 1332.98% 104.35%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.401M $119.0K $823.0K $27.00K
YoY Change 2757.98% -85.54% 2948.15%
Total Long-Term Assets $4.702M $1.466M $917.0K $73.00K
YoY Change 220.74% 59.87% 1156.16%
Total Assets $94.64M $44.27M $18.35M $25.74M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $3.484M $2.030M $1.413M $941.0K
YoY Change 71.63% 43.67% 50.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $71.00K $26.00K
YoY Change -100.0% 173.08%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.633M $2.104M $1.635M $972.0K
YoY Change 72.67% 28.69% 68.21%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $578.0K $668.0K
YoY Change -13.47%
Total Long-Term Liabilities $578.0K $668.0K $0.00 $0.00
YoY Change -13.47%
Total Liabilities $4.211M $2.772M $1.635M $972.0K
YoY Change 51.91% 69.54% 68.21%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020
Basic Shares Outstanding 30.54M 26.59M 19.98M 9.570M 8.790M
Diluted Shares Outstanding 30.54M 26.59M 19.98M 9.570M 8.790M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

No data

Dividends

Dividends

No data

Stock Price

Market Cap: $2.0072 Billion

About BELITE BIO, INC

Belite Bio, Inc. is a biopharmaceutical company engaged in the research and development of drugs. The company is headquartered in San Diego, California and currently employs 20 full-time employees. The company went IPO on 2022-04-29. The firm is focused on advancing novel therapeutics targeting retinal degenerative eye disease, such as atrophic age-related macular degeneration (AMD), and autosomal recessive Stargardt disease type 1 (STGD) both of which progressively lead to permanent blindness, and metabolic diseases such as non-alcoholic fatty liver disease (NAFLD), non-alcoholic steatohepatitis (NASH), type 2 diabetes (T2D), and gout. Its lead product candidate, LBS-008 as an oral daily treatment for STGD1 and Geographic Atrophy patients. In STGD1, it is developing LBS-008 as once-a-day tablet treatment to target Retinol binding protein 4 (RBP4) by disrupting vitamin A (retinol) binding to RBP4 which leads to reduced delivery of retinol to the eye and reduced accumulation of toxic vitamin A by-products. Its product candidate also includes LBS-009 an anti-RBP4 oral therapy targeting liver disease, including NAFLD, NASH, and T2D.

Industry: Pharmaceutical Preparations Peers: Aclaris Therapeutics, Inc. Innoviva, Inc. AERIE PHARMACEUTICALS INC RELMADA THERAPEUTICS, INC. JOHNSON & JOHNSON NGM BIOPHARMACEUTICALS INC PLIANT THERAPEUTICS, INC. REATA PHARMACEUTICALS INC SIGA TECHNOLOGIES INC