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APMD

Apnimed, Inc.

Price Chart
Latest Quote

$25.00

+9.00 (+56.25%)
Current Price
Previous Close $16.00
Open $22.00
Day High $29.15
Day Low $16.12
Volume 3,429,077
Fetched: 2026-08-01T04:00:00
Stock Information
Shares Outstanding 38.00M
Total Debt $39.35M
Cash Equivalents $46.89M
Revenue $120.15M
Net Income $39.00M
Sector Healthcare
Industry Biotechnology
Market Cap $949.99M
Exchange NGM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$379.34M
Sales$120.15M
Income$39.00M
Book/sh$-53.95
Cash/sh$1.23
Employees65
Financial Ratios
Quick Ratio1.17
Current Ratio1.91
Returns & Margins
Gross Margin93.73%
Operating Margin80.23%
Profit Margin-26.49%
Ownership
Insider & Institutional transactions data not available
Valuation Ratios
P/S7.91
P/B-0.46
Analyst Data
Recommendationnone
Technical Indicators
Shares Float5.12M
Performance History
YTD+0.00%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-07-31 $25.00 3,440,700
About Apnimed, Inc.

Apnimed, Inc. operates as a clinical pharmaceutical company that develops and manufactures novel oral therapies that address the neurobiology of sleep-related breathing diseases in global markets. Its products include AD109, an oral therapy designed to treat obstructive sleep apnea (OSA) by targeting the underlying neuromuscular dysfunction. The company was incorporated in 2017 and is based in Cambridge, Massachusetts.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31
Revenue
Reconciled Cost Of Revenue $6,694,000 $3,369,000
Cost Of Revenue $6,694,000 $3,369,000
Total Revenue $38,467,000 $8,012,000
Operating Revenue $38,467,000 $8,012,000
Expenses
Total Expenses $92,285,000 $122,246,000
Other Income Expense $51,474,000 -
Other Non Operating Income Expenses $51,474,000 -
Net Non Operating Interest Income Expense $1,412,000 $5,684,000
Operating Expense $85,591,000 $118,877,000
Selling And Marketing Expense $3,515 $2,883,000
General And Administrative Expense $23,490,000 $18,619,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-932,000 $-108,601,000
Net Interest Income $1,412,000 $5,684,000
Interest Income $1,412,000 $5,684,000
Normalized Income $-932,000 $-108,601,000
Net Income From Continuing And Discontinued Operation $-932,000 $-111,305,000
Total Operating Income As Reported $-53,818,000 $-114,234,000
Net Income Common Stockholders $-932,000 $-111,305,000
Net Income $-932,000 $-111,305,000
Net Income Including Noncontrolling Interests $-932,000 $-111,305,000
Net Income Discontinuous Operations $-70,139 $-2,704,000
Net Income Continuous Operations $-932,000 $-108,601,000
Pretax Income $-932,000 $-108,550,000
Interest Income Non Operating $1,412,000 $5,684,000
Operating Income $-53,818,000 $-114,234,000
Gross Profit $31,773,000 $4,643,000
Per Share
Diluted EPS $-0.03 $-3.87
Basic EPS $-0.03 $-3.87
Other
Tax Effect Of Unusual Items $0 $0
Tax Rate For Calcs $0 $0
Normalized EBITDA (Bullshit earnings) $-53,791,000 $-114,211,000
Reconciled Depreciation $27,000 $23,000
EBITDA (Bullshit earnings) $-53,791,000 $-114,211,000
EBIT $-53,818,000 $-114,234,000
Diluted Average Shares $26,810,855 $32,142,975
Basic Average Shares $26,810,855 $28,760,187
Diluted NI Availto Com Stockholders $-932,000 $-111,305,000
Tax Provision $0 $51,000
Research And Development $62,101,000 $97,375,000
Selling General And Administration $23,490,000 $21,502,000
Other Gand A $23,490,000 $16,559,000
Salaries And Wages $2,452 $2,060,000
Fetched: 2026-08-01
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31
Assets
Net Tangible Assets $-372,783,000 $-248,615,000
Total Assets $72,873,000 $109,223,000
Total Non Current Assets $27,818,000 $35,977,000
Other Non Current Assets $26,917,000 $34,820,000
Current Assets $45,055,000 $73,246,000
Other Current Assets $665,000 $349,000
Prepaid Assets $1,541,000 $3,432,000
Receivables $959,000 $1,115,000
Accounts Receivable $959,000 $1,115,000
Cash Cash Equivalents And Short Term Investments $41,890,000 $68,350,000
Cash And Cash Equivalents $41,890,000 $68,350,000
Debt
Total Debt $41,519,000 $1,095,000
Long Term Debt And Capital Lease Obligation $41,269,000 $873,000
Long Term Debt $40,646,000 -
Current Debt And Capital Lease Obligation $250,000 $222,000
Liabilities
Total Liabilities Net Minority Interest $445,656,000 $357,838,000
Total Non Current Liabilities Net Minority Interest $334,780,000 $315,479,000
Other Non Current Liabilities $57,120,000 $64,355,000
Non Current Deferred Liabilities $15,244,000 $45,361,000
Current Liabilities $110,876,000 $42,359,000
Other Current Liabilities $86,000 $152,000
Current Deferred Liabilities $97,812,000 $24,996,000
Payables And Accrued Expenses $6,179,000 $10,986,000
Payables $1,788,000 $3,585,000
Accounts Payable $1,788,000 $3,585,000
Equity
Common Stock Equity $-372,783,000 $-248,615,000
Total Equity Gross Minority Interest $-372,783,000 $-248,615,000
Stockholders Equity $-372,783,000 $-248,615,000
Retained Earnings $-397,344,000 $-269,153,000
Preferred Securities Outside Stock Equity $221,147,000 $204,890,000
Other
Tangible Book Value $-372,783,000 $-248,615,000
Invested Capital $-332,137,000 $-248,615,000
Working Capital $-65,821,000 $30,887,000
Capital Lease Obligations $873,000 $1,095,000
Total Capitalization $-332,137,000 $-248,615,000
Additional Paid In Capital $24,560,000 $20,537,000
Capital Stock $1,000 $1,000
Common Stock $1,000 $1,000
Non Current Deferred Revenue $15,244,000 $45,361,000
Long Term Capital Lease Obligation $623,000 $873,000
Current Deferred Revenue $97,812,000 $24,996,000
Current Capital Lease Obligation $250,000 $222,000
Pensionand Other Post Retirement Benefit Plans Current $6,549,000 $6,003,000
Current Accrued Expenses $4,391,000 $7,401,000
Net PPE $901,000 $1,157,000
Accumulated Depreciation $-51,000 $-24,000
Gross PPE $952,000 $1,181,000
Leases $94,000 $94,000
Other Properties $835,000 $1,064,000
Machinery Furniture Equipment $23,000 $23,000
Properties $0 $0
Fetched: 2026-08-01
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31
Free Cash Flow
Free Cash Flow $-77,832,000 $-110,279,000
Operating Activities
Operating Cash Flow $-77,832,000 $-110,209,000
Cash Flow From Continuing Operating Activities $-77,832,000 $-110,209,000
Investing Activities
Investing Cash Flow $0 $151,962,000
Cash Flow From Continuing Investing Activities $0 $151,962,000
Capital Expenditure - $-70,000
Financing Activities
Issuance Of Capital Stock $16,500,000 $0
Financing Cash Flow $51,372,000 $51,000
Cash Flow From Continuing Financing Activities $51,372,000 $51,000
Net Other Financing Charges $-243,000 -
Net Preferred Stock Issuance $16,500,000 $0
Preferred Stock Issuance $16,500,000 $0
Other
Issuance Of Debt $35,000,000 $0
End Cash Position $41,890,000 $68,350,000
Beginning Cash Position $68,350,000 $26,546,000
Changes In Cash $-26,460,000 $41,804,000
Proceeds From Stock Option Exercised $115,000 $51,000
Net Issuance Payments Of Debt $35,000,000 $0
Net Long Term Debt Issuance $35,000,000 $0
Long Term Debt Issuance $35,000,000 $0
Net Investment Purchase And Sale $0 $152,032,000
Sale Of Investment $0 $299,000,000
Purchase Of Investment $0 $-146,968,000
Net PPE Purchase And Sale $0 $-70,000
Purchase Of PPE $0 $-70,000
Change In Working Capital $-29,591,000 $-238,000
Change In Other Working Capital $-19,537,000 $-4,643,000
Change In Other Current Liabilities $-7,458,000 $-164,000
Change In Payables And Accrued Expense $-4,327,000 $6,953,000
Change In Accrued Expense $-2,530,000 $7,468,000
Change In Payable $-1,797,000 $-515,000
Change In Account Payable $-1,797,000 $-515,000
Change In Prepaid Assets $1,575,000 $-1,269,000
Change In Receivables $156,000 $-1,115,000
Changes In Account Receivables $156,000 $-1,115,000
Other Non Cash Items $230,000 $194,000
Stock Based Compensation $3,908,000 $3,032,000
Unrealized Gain Loss On Investment Securities $5,646,000 $0
Amortization Of Securities $0 $-4,619,000
Depreciation Amortization Depletion $27,000 $23,000
Depreciation And Amortization $27,000 $23,000
Depreciation $27,000 $23,000
Net Income From Continuing Operations $-58,052,000 $-108,601,000
Fetched: 2026-08-01