Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$39.20M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
4249.57%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$294.9M
Q3 2024
Cash
Q3 2024
P/E
-13.16
Nov 29, 2024 EST
Free Cash Flow
-$28.88M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

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

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
Revenue $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
Selling, General & Admin $19.99M $13.30M $3.256M $1.166M
YoY Change 50.29% 308.51% 179.25%
% of Gross Profit
Research & Development $23.96M $24.41M $15.75M $9.953M
YoY Change -1.82% 54.98% 58.22%
% of Gross Profit
Depreciation & Amortization $35.00K $1.000K $0.00
YoY Change 3400.0%
% of Gross Profit
Operating Expenses $43.95M $37.71M $19.00M $11.12M
YoY Change 16.56% 98.42% 70.91%
Operating Profit -$43.95M -$37.71M -$19.00M
YoY Change 16.56% 98.42%

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
Interest Expense $13.11M
YoY Change
% of Operating Profit
Other Income/Expense, Net $22.00K $2.553M -$10.61M -$1.688M
YoY Change -99.14% -124.07% 528.26%

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
Pretax Income -$30.82M -$35.16M -$29.61M -$12.81M
YoY Change -12.32% 18.73% 131.19%
Income Tax
% Of Pretax Income
Net Earnings -$30.82M -$35.16M -$29.61M -$12.81M
YoY Change -12.32% 18.73% 131.19%
Net Earnings / Revenue
Basic Earnings Per Share $0.78 -$2.62 -$7.32
Diluted Earnings Per Share -$0.78 -$2.62 -$0.77 -$0.33

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
Cash & Short-Term Investments $269.1M $288.9M $128.3M $8.277M
YoY Change -6.86% 125.19% 1449.84%
Cash & Equivalents $269.1M $288.9M $128.3M $8.277M
Short-Term Investments
Other Short-Term Assets $3.376M $3.958M $884.0K $156.0K
YoY Change -14.7% 347.74% 466.67%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $272.4M $292.8M $129.2M $8.433M
YoY Change -6.96% 126.72% 1431.65%
Property, Plant & Equipment $3.932M $4.362M
YoY Change -9.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.333M $1.478M
YoY Change -9.81%
Total Long-Term Assets $5.265M $5.840M $0.00 $0.00
YoY Change -9.85%
Total Assets $277.7M $298.7M $129.2M $8.433M
YoY Change
Accounts Payable $1.838M $2.087M $1.797M $581.0K
YoY Change -11.93% 16.14% 209.29%
Accrued Expenses $3.540M $3.566M $3.889M $1.633M
YoY Change -0.73% -8.31% 138.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.418M $5.653M $5.686M $2.214M
YoY Change -4.16% -0.58% 156.82%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.208M $3.954M $5.877M
YoY Change -18.87%
Total Long-Term Liabilities $3.208M $3.954M $0.00 $5.877M
YoY Change -18.87% -100.0%
Total Liabilities $8.626M $9.607M $5.686M $8.091M
YoY Change -10.21% 68.96% -29.72%

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
Basic Shares Outstanding 39.65M 13.43M 4.043M
Diluted Shares Outstanding 39.65M 13.43M 4.043M
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: $515.92 Million

About Third Harmonic Bio, Inc.

Third Harmonic Bio, Inc. develops pharmaceutical products for the treatment of allergic and immune diseases and disorders. The company is headquartered in San Francisco, California and currently employs 51 full-time employees. The company went IPO on 2022-09-15. The firm is focused on advancing the next wave of medicine for inflammatory diseases through the development of novel, small-molecule inhibitors of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. The company is developing medicine for the treatment of inflammatory diseases, including dermal, respiratory, and gastrointestinal diseases. Mast cells are a part of the immune system, and dysfunctional mast cell activity has been implicated in the pathophysiology of a broad range of inflammatory disorders including urticaria, asthma and gastrointestinal disorders, among others. The firm is advancing its lead product candidate, THB335, for the treatment of multiple mast cell-driven inflammatory diseases of the skin, airway and gastrointestinal tract. THB335 is a potent, highly selective, oral small molecule KIT inhibitor with a promising preclinical product profile.

Industry: Pharmaceutical Preparations Peers: AN2 Therapeutics, Inc. Citius Pharmaceuticals, Inc. CorMedix Inc. Ikena Oncology, Inc. JOHNSON & JOHNSON MARIMED INC. Xeris Biopharma Holdings, Inc.