Kiora Pharmaceuticals Inc. (KPHMW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
332 ENCINITAS BOULEVARD ENCINITAS, CA 92024 |
| 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)
| 3/31/2025 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 | 26,792 | 2,455 | 5,965 | 7,855 | 1,186 | 3,777 | |||
| Cash and cash equivalent | 3,792 | 2,455 | 5,965 | 7,855 | 1,186 | 3,777 | |||
| Short-term investments | 23,000 | ||||||||
| Receivables | 871 | 2,050 | 1,373 | 530 | 91 | 5 | |||
| Prepaid expense | 742 | ||||||||
| Other undisclosed current assets | 1,300 | 233 | 343 | 607 | 533 | 543 | |||
| Total current assets: | 29,706 | 4,738 | 7,681 | 8,991 | 1,810 | 4,324 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 57 | 107 | 117 | 209 | |||||
| Property, plant and equipment | 5 | 8 | 55 | 74 | 31 | 17 | |||
| Intangible assets, net (including goodwill) | 6,687 | 8,814 | 10,743 | 10,768 | 13,215 | 5,657 | |||
| Goodwill | 3,485 | 1,526 | |||||||
| Intangible assets, net (excluding goodwill) | 6,687 | 8,814 | 10,743 | 10,768 | 9,730 | 4,131 | |||
| Restricted cash and investments | 4 | 4 | 49 | 45 | 45 | 45 | |||
| Other noncurrent assets | 25 | 41 | 33 | 43 | 57 | 69 | |||
| Total noncurrent assets: | 6,778 | 8,974 | 10,998 | 11,140 | 13,347 | 5,788 | |||
| TOTAL ASSETS: | 36,484 | 13,712 | 18,678 | 20,130 | 15,158 | 10,113 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,004 | 1,587 | 2,844 | 1,491 | 1,724 | 1,331 | |||
| Accounts payable | 416 | 206 | 1,008 | 161 | 435 | 210 | |||
| Accrued liabilities | 4,589 | 1,381 | 1,836 | 1,330 | 1,289 | 1,120 | |||
| Business combination, contingent consideration, liability | 322 | ||||||||
| Other undisclosed current liabilities | 1,004 | 47 | 106 | 119 | 48 | 84 | |||
| Total current liabilities: | 6,009 | 1,634 | 3,272 | 1,610 | 1,772 | 1,415 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 91 | 314 | |||||||
| Long-term debt, excluding current maturities | 278 | ||||||||
| Liabilities, other than long-term debt | 4,716 | 5,968 | 3,998 | 3,851 | 6,072 | 2,075 | |||
| Deferred income tax liabilities | 491 | 779 | 689 | 802 | 729 | 365 | |||
| Operating lease, liability | 34 | 60 | 91 | 36 | |||||
| Business combination, contingent consideration, liability | 4,191 | 5,129 | 3,309 | 3,049 | 5,343 | 1,710 | |||
| Total noncurrent liabilities: | 4,716 | 5,968 | 3,998 | 3,942 | 6,386 | 2,075 | |||
| Total liabilities: | 10,725 | 7,602 | 7,271 | 5,551 | 8,158 | 3,490 | |||
| Equity | |||||||||
| Equity, attributable to parent | 25,760 | 6,110 | 11,408 | 14,579 | 7,000 | 6,622 | |||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 268 | 77 | 18 | 127 | 56 | 41 | |||
| Additional paid in capital | 169,156 | 153,192 | 146,035 | 135,418 | 115,284 | 106,689 | |||
| Accumulated other comprehensive income (loss) | (282) | (183) | (183) | (86) | (1) | 139 | |||
| Accumulated deficit | (143,382) | (146,977) | (134,463) | (120,879) | (108,339) | (100,247) | |||
| Total equity: | 25,760 | 6,110 | 11,408 | 14,579 | 7,000 | 6,622 | |||
| TOTAL LIABILITIES AND EQUITY: | 36,484 | 13,712 | 18,678 | 20,130 | 15,158 | 10,113 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 16,020 | 12 | 2,686 | |||||
| Gross profit: | 16,020 | 12 | 2,686 | |||||
| Operating expenses | (11,510) | (12,587) | (12,310) | (14,236) | (8,225) | (9,795) | ||
| Operating income (loss): | 4,510 | (12,587) | (12,310) | (14,236) | (8,213) | (7,109) | ||
| Nonoperating income (expense) | 1,149 | 163 | (1,387) | 272 | 133 | 108 | ||
| Investment income, nonoperating | 1,253 | 174 | 57 | 1 | 23 | 108 | ||
| Other nonoperating income (expense) | 26 | 29 | ||||||
| Interest and debt expense | (21) | (11) | (9) | 278 | (4) | (0) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 16,164 | 14,003 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 5,638 | (12,435) | (13,705) | (13,685) | 8,080 | 7,001 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 21 | 11 | 9 | (278) | (16,160) | (14,003) | ||
| Income (loss) from continuing operations before income taxes: | 5,660 | (12,424) | (13,697) | (13,963) | (8,080) | (7,001) | ||
| Income tax expense (benefit) | (2,065) | (90) | 113 | 193 | (12) | (95) | ||
| Other undisclosed loss from continuing operations | ||||||||
| Income (loss) from continuing operations: | 3,595 | (12,514) | (13,584) | (13,771) | (8,092) | (7,097) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (13,771) | (8,092) | (7,097) | |
| Net income (loss) attributable to parent: | 3,595 | (12,514) | (13,584) | (13,771) | (8,092) | (7,097) | ||
| Preferred stock dividends and other adjustments | (531) | |||||||
| Net income (loss) available to common stockholders, diluted: | 3,595 | (13,045) | (13,584) | (13,771) | (8,092) | (7,097) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,595 | (12,514) | (13,584) | (13,771) | (8,092) | (7,097) | ||
| Other undisclosed comprehensive income (loss) | (99) | (0) | (96) | (86) | (140) | 5 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,495 | (12,514) | (13,680) | (13,856) | (8,232) | (7,092) | ||
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.