GT Biopharma, Inc. (GTBP) Financial Statements (2026 and earlier)

Company Profile

Business Address 505 MONTGOMERY STREET
SAN FRANCISCO, CA 94111
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:3,95114,00016,50832,0005,29728
Cash and cash equivalent3,9511,0795,6729,2185,29728
Short-term investments  12,89310,83623,011  
Other undisclosed cash, cash equivalents, and short-term investments  28 (229)  
Restricted cash and investments93     
Prepaid expense    190364246
Deferred costs      
Other undisclosed current assets1885654(21)  
Total current assets:4,23214,05616,56232,1695,661274
Noncurrent Assets
Operating lease, right-of-use asset  53165   
Deposits noncurrent assets   9  12
Other undisclosed noncurrent assets      110
Total noncurrent assets:  53174  122
TOTAL ASSETS:4,23214,10916,73632,1695,661396
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,6505,5234,80910,0908,3776,348
Interest and dividends payable 4,8382,029
Accounts payable3,8534,3283,1408,1892,2431,940
Accrued liabilities1,7971,1951,6691,9011,2962,379
Debt    3126,30313,207
Derivative instruments and hedges, liabilities   19138383 
Other undisclosed current liabilities2521,110110 31151
Total current liabilities:5,9026,6334,93810,25935,09419,706
Noncurrent Liabilities
Liabilities, other than long-term debt   64   
Operating lease, liability   64   
Total noncurrent liabilities:   64   
Total liabilities:5,9026,6335,00210,25935,09419,706
Equity
Equity, attributable to parent, including:(1,670)7,47611,73421,910(29,433)(19,310)
Preferred stock111 3 
Common stock2133325270
Additional paid in capital693,554689,539686,168674,348566,309548,118
Accumulated deficit(695,227)(682,065)(674,468)(653,584)(595,628)(567,332)
Other undisclosed equity, attributable to parent    1,114(169)(166)
Total equity:(1,670)7,47611,73421,910(29,433)(19,310)
Other undisclosed liabilities and equity      
TOTAL LIABILITIES AND EQUITY:4,23214,10916,73632,1695,661396

Income Statement (P&L) ($ in thousands)

6/30/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues
(gain on Disposition of Assets for Financial Service Operations)
    31,979  
Gross profit:    31,979  
Operating expenses(14,364)(13,576)(21,257)(57,515)(6,764)(16,056)
Other undisclosed operating income (loss)    (31,979)13,528 
Operating income (loss):(14,364)(13,576)(21,257)(57,515)6,764(16,056)
Nonoperating income (expense)1,2025,979373(498)21,532(22,591)
Investment income, nonoperating     12,598(4,599)
Interest and debt expense (213)31 3,003(2,128)
Income (loss) from continuing operations before equity method investments, income taxes:(13,162)(7,810)(20,853)(58,013)31,299(40,775)
Other undisclosed income from continuing operations before income taxes      2,128
Income (loss) from continuing operations:(13,162)(7,810)(20,853)(58,013)31,299(38,647)
Income (loss) before gain (loss) on sale of properties:(58,013)31,299(38,647)
Other undisclosed net loss      
Net income (loss):(13,162)(7,810)(20,853)(58,013)31,299(38,647)
Other undisclosed net income (loss) attributable to parent 213(31) (59,595) 
Net loss attributable to parent:(13,162)(7,597)(20,884)(58,013)(28,296)(38,647)
Preferred stock dividends and other adjustments      
Net loss available to common stockholders, diluted:(13,162)(7,597)(20,884)(58,013)(28,296)(38,647)

Comprehensive Income ($ in thousands)

6/30/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(13,162)(7,810)(20,853)(58,013)31,299(38,647)
Comprehensive income (loss), net of tax, attributable to parent:(13,162)(7,810)(20,853)(58,013)31,299(38,647)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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