Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$34.20M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
205.92%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$8.580M
Q3 2024
Book Value
$9.366M
Q3 2024
Cash
Q3 2024
P/E
-0.9619
Nov 29, 2024 EST
Free Cash Flow
-$29.76M
TTM

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
Revenue $0.00 $0.00 $0.00 $0.00 $36.00K $18.04M $41.00K $49.00K $51.00K $60.00K $90.00K
YoY Change -100.0% -99.8% 43890.24% -16.33% -3.92% -15.0% -33.33%

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
Revenue $0.00 $0.00 $0.00 $0.00 $36.00K $18.04M $41.00K $49.00K $51.00K $60.00K $90.00K
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 2018 2017 2016 2015 2014 2013
Selling, General & Admin $10.62M $8.302M $7.633M $4.220M $16.25M $12.81M $8.560M $4.520M $3.830M $2.760M $2.500M
YoY Change 27.97% 8.76% 80.88% -74.03% 26.85% 49.65% 89.38% 18.02% 38.77% 10.4%
% of Gross Profit
Research & Development $21.86M $5.594M $13.85M $10.00M $45.30M $51.08M $29.11M $27.22M $19.17M $12.11M $10.13M
YoY Change 290.81% -59.62% 38.47% -77.92% -11.32% 75.45% 6.96% 41.98% 58.3% 19.55%
% of Gross Profit
Depreciation & Amortization $9.000K $0.00 $36.00K $54.00K $11.00K $625.0K $292.0K $255.0K $232.0K $270.0K $370.0K
YoY Change -100.0% -33.33% 390.91% -98.24% 114.04% 14.51% 9.91% -14.07% -27.03%
% of Gross Profit
Operating Expenses $32.49M $13.90M $21.49M $46.28M $45.30M $63.89M $37.67M $31.74M $23.01M $14.87M $12.63M
YoY Change 133.78% -35.33% -53.58% 2.17% -29.1% 69.61% 18.68% 37.94% 54.74% 17.74%
Operating Profit -$32.49M -$13.90M -$21.49M -$46.28M -$45.85M -$37.63M -$31.69M
YoY Change 133.78% -35.33% -53.58% 21.86% 18.74%

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
Interest Expense $1.124M -$2.260M -$1.400M -$1.300M -$1.840M -$100.0K $80.00K $80.00K
YoY Change 61.43% 7.69% -29.35% 1740.0% -225.0% 0.0%
% of Operating Profit
Other Income/Expense, Net -$114.0K $17.00K -$222.0K -$205.0K -$5.000K -$1.300M -$1.787M -$102.0K $0.00 $0.00
YoY Change -770.59% -107.66% 8.29% 4000.0% -27.25% 1651.96%

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
Pretax Income -$31.48M -$13.88M -$21.71M -$46.49M -$63.52M -$47.26M -$38.93M -$33.48M -$23.06M -$14.74M -$12.46M
YoY Change 126.79% -36.07% -53.31% -26.8% 34.41% 21.39% 16.28% 45.17% 56.45% 18.3%
Income Tax $1.000K $1.699M $1.000K $1.000K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$31.48M -$13.88M -$21.71M -$46.49M -$4.069M -$48.96M -$38.93M -$33.48M -$23.06M -$14.74M -$12.46M
YoY Change 126.79% -36.07% -53.3% 1042.47% -91.69% 25.75% 16.28% 45.2% 56.42% 18.3%
Net Earnings / Revenue -11302.78% -271.43% -94948.78% -68322.45% -45207.84% -24566.67% -13844.44%
Basic Earnings Per Share -$1.00 -$0.80 -$1.55
Diluted Earnings Per Share -$1.00 -$0.80 -$1.554M -$6.317M -$40.20M -$36.54M -$40.13M -$27.22M -$18.75M -$11.98M -$10.13M

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
Cash & Short-Term Investments $37.13M $41.10M $42.04M $58.80M $21.80M $96.10M $88.70M $31.20M $58.90M $30.30M $34.50M
YoY Change -9.67% -2.25% -28.5% 169.72% -77.32% 8.34% 184.29% -47.03% 94.39% -12.17%
Cash & Equivalents $37.13M $41.10M $42.04M $58.80M $9.000M $40.80M $35.90M $5.500M $8.200M $4.200M $3.300M
Short-Term Investments $12.80M $55.30M $52.80M $25.70M $50.80M $26.10M $31.20M
Other Short-Term Assets $1.202M $411.0K $476.0K $1.200M $1.100M $1.700M $1.900M $1.200M $1.300M $200.0K $400.0K
YoY Change 192.46% -13.66% -60.33% 9.09% -35.29% -10.53% 58.33% -7.69% 550.0% -50.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $38.33M $41.51M $42.52M $59.90M $23.00M $97.70M $90.60M $32.50M $60.20M $30.50M $34.90M
YoY Change -7.67% -2.37% -29.02% 160.43% -76.46% 7.84% 178.77% -46.01% 97.38% -12.61%
Property, Plant & Equipment $109.0K $0.00 $100.0K $5.200M $4.000M $1.200M $700.0K $400.0K $500.0K $600.0K
YoY Change -100.0% -98.08% 30.0% 233.33% 71.43% 75.0% -20.0% -16.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $491.0K $473.0K $773.0K $1.200M $0.00 $1.400M $200.0K $2.100M $1.500M
YoY Change 3.81% -38.81% -35.58% -100.0% 600.0% -90.48% 40.0%
Total Long-Term Assets $653.0K $486.0K $786.0K $1.300M $5.200M $5.400M $1.500M $2.900M $2.000M $500.0K $600.0K
YoY Change 34.36% -38.17% -39.54% -75.0% -3.7% 260.0% -48.28% 45.0% 300.0% -16.67%
Total Assets $38.98M $42.00M $43.31M $61.20M $28.20M $103.1M $92.10M $35.40M $62.20M $31.00M $35.50M
YoY Change
Accounts Payable $1.424M $1.153M $946.0K $1.200M $3.200M $3.400M $2.000M $1.700M $1.300M $500.0K $500.0K
YoY Change 23.5% 21.88% -21.17% -62.5% -5.88% 70.0% 17.65% 30.77% 160.0% 0.0%
Accrued Expenses $2.242M $2.026M $812.0K $1.000M $5.200M $13.10M $8.100M $5.400M $3.900M $2.300M $1.400M
YoY Change 10.66% 149.51% -18.8% -80.77% -60.31% 61.73% 50.0% 38.46% 69.57% 64.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.700M $0.00 $7.200M $7.200M $600.0K
YoY Change -100.0% 0.0% 1100.0%
Total Short-Term Liabilities $3.666M $3.179M $1.758M $2.300M $13.20M $16.50M $17.30M $14.40M $5.900M $2.900M $2.200M
YoY Change 15.32% 80.83% -23.57% -82.58% -20.0% -4.62% 20.14% 144.07% 103.45% 31.82%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $26.20M $3.600M $13.80M $17.00M $400.0K $0.00
YoY Change -100.0% 627.78% -73.91% -18.82% 4150.0%
Other Long-Term Liabilities $4.100M $2.200M $0.00 $200.0K $100.0K $200.0K $200.0K
YoY Change 86.36% -100.0% 100.0% -50.0% 0.0%
Total Long-Term Liabilities $0.00 $0.00 $0.00 $0.00 $4.100M $28.40M $3.600M $14.00M $17.10M $600.0K $200.0K
YoY Change -100.0% -85.56% 688.89% -74.29% -18.13% 2750.0% 200.0%
Total Liabilities $3.666M $3.179M $1.758M $2.300M $17.30M $44.90M $21.00M $28.40M $23.10M $3.500M $2.400M
YoY Change 15.32% 80.83% -23.57% -86.71% -61.47% 113.81% -26.06% 22.94% 560.0% 45.83%

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
Basic Shares Outstanding 17.38M 13.97M
Diluted Shares Outstanding 17.38M 13.97M
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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $32.894 Million

About Forte Biosciences, Inc.

Forte Biosciences Inc is a US-based company operating in Biotechnology industry. The company is headquartered in Dallas, Texas and currently employs 11 full-time employees. The company went IPO on 2017-04-13. Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on autoimmune and autoimmune-related diseases. The firm is advancing its product candidate, FB-102, which is a proprietary molecule with potentially broad autoimmune applications, including in such indications as graft-versus-host disease (GvHD), vitiligo, and alopecia areata (AA). The Company’s FB-102 program focuses on addressing key pathways implicated in these indications with a CD122 antagonist. CD122 is a subunit of IL-2/IL-15 receptors which are key regulators of NK cells and T cell subsets. The company owns one United States patent for administering a combination of Gram-positive and Gram-negative bacteria along with metabolites for treatment of a wide variety of skin conditions. The Company’s subsidiaries include Forte Subsidiary, Inc., Forte Biosciences Emerald Limited, and Forte Biosciences Australia Pty Ltd.

Industry: Pharmaceutical Preparations Peers: Serina Therapeutics, Inc. REGENERX BIOPHARMACEUTICALS INC BIO-PATH HOLDINGS, INC. Onconetix, Inc. Cellectar Biosciences, Inc. eFFECTOR Therapeutics, Inc. Vincerx Pharma, Inc. Oncotelic Therapeutics, Inc. Oncorus, Inc.