Financial Snapshot

Revenue
$567.5K
TTM
Gross Margin
Net Earnings
-$29.75M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
572.91%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$88.90M
Q2 2024
Cash
Q2 2024
P/E
-2.529
Sep 18, 2024 EST
Free Cash Flow
-$53.14M
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
Revenue $391.7K $1.503M $208.4M $12.62M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -73.93% -99.28% 1551.57%

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
Revenue $391.7K $1.503M $208.4M $12.62M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
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
Selling, General & Admin $31.09M $32.43M $37.20M $30.60M $19.30M $19.10M $15.00M $12.90M $6.600M $300.0K
YoY Change -4.15% -12.82% 21.57% 58.55% 1.05% 27.33% 16.28% 95.45% 2100.0%
% of Gross Profit
Research & Development $28.59M $24.62M $46.94M $63.42M $42.16M $33.79M $49.97M $9.586M $6.612M $100.0K
YoY Change 16.12% -47.55% -25.98% 50.43% 24.76% -32.38% 421.32% 44.97% 6511.95%
% of Gross Profit
Depreciation & Amortization $568.3K $512.5K $237.1K $306.8K $255.0K $141.7K $80.31K $56.51K $11.78K $0.00
YoY Change 10.88% 116.17% -22.74% 20.33% 79.92% 76.48% 42.11% 379.81%
% of Gross Profit
Operating Expenses $59.67M $57.05M $84.17M $94.05M $42.16M $52.93M $49.97M $9.586M $13.19M $300.0K
YoY Change 4.6% -32.22% -10.5% 123.09% -20.35% 5.92% 421.32% -27.33% 4296.79%
Operating Profit -$59.28M -$55.55M $124.2M -$81.43M -$61.41M -$52.93M
YoY Change 6.72% -144.72% -252.53% 32.6% 16.02%

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
Interest Expense $6.943M $1.879M $0.00 $400.0K $900.0K $1.000M $200.0K $100.0K $0.00 $0.00
YoY Change 269.45% -100.0% -55.56% -10.0% 400.0% 100.0%
% of Operating Profit 0.0%
Other Income/Expense, Net $6.943M $1.379M -$45.69K $952.1K
YoY Change 403.4% -3118.45%

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
Pretax Income -$52.34M -$54.17M $124.2M -$81.04M -$60.50M -$52.00M -$64.80M -$22.40M -$13.20M -$300.0K
YoY Change -3.38% -143.63% -253.22% 33.94% 16.35% -19.75% 189.29% 69.7% 4300.0%
Income Tax $0.00 $0.00 $1.329M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 1.07%
Net Earnings -$52.34M -$54.17M $122.8M -$81.04M -$60.50M -$51.98M -$64.81M -$22.40M -$13.20M -$300.0K
YoY Change -3.38% -144.1% -251.58% 33.94% 16.39% -19.79% 189.31% 69.7% 4300.0%
Net Earnings / Revenue -13362.17% -3604.66% 58.95% -642.26%
Basic Earnings Per Share -$0.74 -$0.77 $1.78 -$1.39
Diluted Earnings Per Share -$0.74 -$0.77 $1.76 -$1.39 -$1.543M -$2.114M -$3.358M -$910.6K -$536.6K -$12.20K

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
Cash & Short-Term Investments $105.8M $129.0M $187.8M $72.00M $76.70M $41.50M $87.10M $51.90M $69.90M $4.800M
YoY Change -17.96% -31.31% 160.83% -6.13% 84.82% -52.35% 67.82% -25.75% 1356.25%
Cash & Equivalents $24.34M $42.01M $187.6M $70.10M $41.40M $35.60M $87.10M $51.90M $69.90M $4.800M
Short-Term Investments $78.79M $84.13M $0.00 $34.80M $5.000M
Other Short-Term Assets $3.764M $2.379M $2.700M $2.700M $1.900M $2.800M $1.500M $400.0K $300.0K $0.00
YoY Change 58.21% -11.88% 0.0% 42.11% -32.14% 86.67% 275.0% 33.33%
Inventory
Prepaid Expenses
Receivables $0.00 $100.0K $1.100M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $109.6M $131.4M $190.5M $74.80M $79.80M $44.30M $88.60M $52.40M $70.30M $4.800M
YoY Change -16.58% -31.03% 154.68% -6.27% 80.14% -50.0% 69.08% -25.46% 1364.58%
Property, Plant & Equipment $14.66M $16.07M $200.0K $100.0K $100.0K $100.0K $100.0K $0.00 $0.00 $0.00
YoY Change -8.76% 7935.32% 100.0% 0.0% 0.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.63M $5.623M $1.600M
YoY Change 213.48% 251.41%
Other Assets $1.957M $1.970M $2.000M $600.0K $1.000M $3.300M $800.0K $600.0K $100.0K $0.00
YoY Change -0.63% -1.51% 233.33% -40.0% -69.7% 312.5% 33.33% 500.0%
Total Long-Term Assets $34.43M $23.89M $4.000M $1.100M $1.000M $3.300M $900.0K $600.0K $100.0K $100.0K
YoY Change 44.14% 497.13% 263.64% 10.0% -69.7% 266.67% 50.0% 500.0% 0.0%
Total Assets $144.0M $155.3M $194.5M $75.90M $80.80M $47.60M $89.50M $53.00M $70.40M $4.900M
YoY Change
Accounts Payable $3.703M $1.953M $7.100M $5.400M $3.300M $3.800M $2.000M $900.0K $700.0K $100.0K
YoY Change 89.61% -72.49% 31.48% 63.64% -13.16% 90.0% 122.22% 28.57% 600.0%
Accrued Expenses $7.771M $5.039M $7.700M $12.00M $7.300M $5.100M $4.000M $2.900M $1.600M $0.00
YoY Change 54.24% -34.56% -35.83% 64.38% 43.14% 27.5% 37.93% 81.25%
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
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.47M $6.992M $14.80M $22.10M $10.50M $8.800M $6.000M $3.700M $2.300M $100.0K
YoY Change 64.12% -52.76% -33.03% 110.48% 19.32% 46.67% 62.16% 60.87% 2200.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $44.76M $16.00M $0.00 $10.20M $300.0K $0.00 $0.00 $0.00
YoY Change 179.69% -100.0% 3300.0%
Total Long-Term Liabilities $44.76M $16.00M $0.00 $10.20M $300.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 179.69% -100.0% 3300.0%
Total Liabilities $56.23M $22.99M $14.80M $32.30M $10.80M $8.800M $6.000M $3.700M $2.300M $100.0K
YoY Change 144.55% 55.36% -54.18% 199.07% 22.73% 46.67% 62.16% 60.87% 2200.0%

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
Basic Shares Outstanding 70.58M shares 70.42M shares 67.48M 58.45M
Diluted Shares Outstanding 70.58M shares 70.42M shares 68.07M 58.45M
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: $75.23 Million

About Ovid Therapeutics Inc

Ovid Therapeutics, Inc. is a biopharmaceutical company, which engages in the development of medicines for patients and families living with rare neurological disorders. The company is headquartered in New York City, New York and currently employs 40 full-time employees. The company went IPO on 2017-05-05. The firm is focused on improving the lives of people affected by certain epilepsies and brain conditions with seizure symptoms. The company is engaged in advancing a pipeline of novel, targeted small molecule candidates that modulate the intrinsic and extrinsic factors involved in neuronal hyperexcitability causative of seizures and other neurological symptoms. The company develops OV888 (GV101), a potent and highly selective ROCK2 inhibitor, for the potential treatment of lesions associated with cerebral cavernous malformations and other brain disorders; OV329, a GABA-aminotransferase inhibitor, a potential therapy for treatment-resistant seizures; and OV350, a direct activator of the KCC2 transporter, for the potential treatment of epilepsies and other psychiatric conditions. The company also has interest in the development and commercialization of soticlestat, which is a cholesterol 24-hydroxylase inhibitor for Dravet and Lennox-Gastaut syndromes.

Industry: Pharmaceutical Preparations Peers: AVITA Medical Inc Celcuity Inc DermTech Inc PARDES BIOSCIENCES, INC. Icosavax, Inc. IPI Legacy Liquidation Co Oric Pharmaceuticals Inc Precision BioSciences Inc Tenaya Therapeutics Inc