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ONCOLYTICS BIOTECH INC

oncolyticsbiotech.com

Oncolytics Biotech Inc. (NASDAQ: ONCY) is a clinical-stage biopharmaceutical company developing pelareorep, an oncolytic virus immunotherapy, as a treatment for cancer. The company generates no product revenue. It funds operations through equity issuances, raising net cash proceeds of $14,115 thousand in FY2025 from the issuance of 22,999,857 common shares via at-the-market offering agreements and a Standby Equity Purchase Agreement. Oncolytics is incorporated in British Columbia, Canada, and its 10-K for the fiscal year ended December 31, 2025 was filed March 30, 2026. The company has committed approximately $1,248 thousand for clinical trial and contract manufacturing activities expected over the next two years as of December 31, 2025. CEO Jared Kelly and CFO Kirk Look signed the filing. The company carries no externally imposed capital requirements and depends on continued equity financing to fund pelareorep's development.

Products & Services

Pelareorep: a reovirus-based oncolytic virus in clinical-stage development for oncology indications, including gastrointestinal cancers. No products are approved or commercialized as of the FY2025 10-K filing.

Revenue Model

No product revenue. Oncolytics funds operations exclusively through equity issuances, including at-the-market offerings and a Standby Equity Purchase Agreement. In FY2025, the company raised net cash proceeds of $14,115 thousand through these instruments.

Customers & Markets

No commercial customers. End market is oncology, with clinical programs targeting cancer patients. The company conducts clinical trials across multiple indications and jurisdictions, including in the United States and the European Union.

Geographic Exposure

Incorporated in British Columbia, Canada. Clinical operations span the United States and the European Union. Subject to U.S. SEC reporting requirements and listed on NASDAQ.

Financial Snapshot

Revenue
Last 4 Quarters
N/A
Gross Margin
Last 4 Quarters
N/A
Net Income
Last 4 Quarters
N/A
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
135.29%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
Book Value
2026 Q2
-$6.167M
Cash
2026 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
Last 4 Quarters
N/A

Stock Price

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Market Cap: $125.91 Million

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