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TIVC

Tivic Health Systems Inc

Price Chart
Latest Quote

$1.40

Current Price
Open $1.30
Day High $1.40
Day Low $1.23
Volume 263,294
Fetched: 2026-06-05T13:16:48
Stock Information
Shares Outstanding 2.88M
Total Debt $6.45M
Cash Equivalents $12.64M
Net Income $-7.99M
Sector Healthcare
Industry Medical Devices
Market Cap $4.03M
EPS (TTM) $-6.92
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$-3.28M
Income$-7.99M
Book/sh$6.65
Cash/sh$4.39
Employees52
Financial Ratios
Quick Ratio19.57
Current Ratio20.13
Debt/Eq38.42
Returns & Margins
ROA-28.69%
ROE-82.69%
Ownership
Insider Ownership1.46%
Institutional Ownership8.01%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E-0.06
P/B0.21
Analyst Data
Recommendationnone
Technical Indicators
SMA20$0.88
SMA50$0.98
SMA200$1.73
RSI18.40
ATR0.1030
Shares Float2.52M
Short Float2.25%
Short Ratio0.78
Volatility1.84
Rel Volume0.71
Performance History
Week-26.62%
Month-38.28%
Quarter-22.38%
6 Months-64.75%
YTD-54.58%
Year-84.34%
3 Years-99.66%
10 Years-99.99%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-03 $0.64 85,300
2026-06-02 $0.66 60,100
2026-06-01 $0.69 94,300
2026-05-29 $0.77 95,300
2026-05-28 $0.78 79,500
2026-05-27 $0.88 43,000
2026-05-26 $0.87 36,800
2026-05-22 $0.85 57,800
2026-05-21 $0.88 51,000
2026-05-20 $0.88 88,600
2026-05-19 $0.81 162,400
2026-05-18 $0.86 86,100
2026-05-15 $0.88 368,600
2026-05-14 $0.93 159,600
2026-05-13 $0.97 148,300
2026-05-12 $1.10 154,600
2026-05-11 $1.11 326,500
2026-05-08 $0.96 127,500
2026-05-07 $1.04 47,700
2026-05-06 $1.03 113,100
2026-05-05 $1.01 2,203,800
About Tivic Health Systems Inc

Valion Bio, Inc. operates as a late-stage immunotherapeutics company. Its lead drug candidate is Entolimod, a TLR5 agonist that is in late-stage development to treat acute radiation syndrome. The company's pipeline also comprises Entolimod to treat Neutropenia and lymphocyte exhaustion; and Entolasta, an immunologically optimized variant of Entolimod for chronic applications. In addition, it offers CDMO services. The company was formerly known as Tivic Health Systems, Inc. and changed its name to Valion Bio, Inc. in April 2026. The company was incorporated in 2016 and is based in San Antonio, Texas.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Total Revenue $0 $0 $1,176,000 $1,840,000
Operating Revenue $0 $0 $1,176,000 $1,840,000
Reconciled Cost Of Revenue - $778,000 $889,000 $1,541,000
Cost Of Revenue - $778,000 $889,000 $1,541,000
Expenses
Interest Expense $146,000 $0 - -
Total Expenses $7,898,000 $4,476,000 $9,421,000 $11,938,000
Other Income Expense $28,000 - - -
Net Non Operating Interest Income Expense $-123,000 $6,000 $1,000 $2,000
Interest Expense Non Operating $146,000 $0 - -
Operating Expense $7,898,000 $4,476,000 $8,532,000 $10,397,000
General And Administrative Expense $4,767,000 $3,163,000 $4,752,000 $5,875,000
Selling And Marketing Expense - $1,187,000 $2,125,000 $2,792,000
Total Other Finance Cost - - - $-2,000
Other Non Operating Income Expenses - - - -
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-7,993,000 $-4,470,000 $-8,244,000 $-10,096,000
Net Interest Income $-123,000 $6,000 $1,000 $2,000
Interest Income $23,000 $6,000 $1,000 $2,000
Normalized Income $-8,021,000 $-4,470,000 $-8,244,000 $-10,096,000
Net Income From Continuing And Discontinued Operation $-8,878,000 $-5,655,000 $-8,244,000 $-10,096,000
Total Operating Income As Reported $-7,898,000 $-4,476,000 $-8,245,000 $-10,098,000
Net Income Common Stockholders $-8,878,000 $-5,655,000 $-8,244,000 $-10,096,000
Net Income $-8,878,000 $-5,655,000 $-8,244,000 $-10,096,000
Net Income Including Noncontrolling Interests $-8,878,000 $-5,655,000 $-8,244,000 $-10,096,000
Net Income Discontinuous Operations $-885,000 $-1,185,000 - -
Net Income Continuous Operations $-7,993,000 $-4,470,000 $-8,244,000 $-10,096,000
Pretax Income $-7,993,000 $-4,470,000 $-8,244,000 $-10,096,000
Interest Income Non Operating $23,000 $6,000 $1,000 $2,000
Operating Income $-7,898,000 $-4,476,000 $-8,245,000 $-10,098,000
Gross Profit - $2,000 $287,000 $299,000
Special Income Charges - - - $0
Per Share
Diluted EPS - $-19.68 $-176.80 $-1768.00
Basic EPS - $-19.68 $-176.80 $-1768.00
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-7,870,000 $-4,118,000 $-8,063,000 $-9,924,000
Total Unusual Items $28,000 - - $0
Total Unusual Items Excluding Goodwill $28,000 - - $0
Reconciled Depreciation $5,000 $352,000 $182,000 $174,000
EBITDA (Bullshit earnings) $-7,842,000 $-4,118,000 $-8,063,000 $-9,924,000
EBIT $-7,847,000 $-4,470,000 $-8,245,000 $-10,098,000
Diluted NI Availto Com Stockholders $-8,878,000 $-5,655,000 $-8,244,000 $-10,096,000
Gain On Sale Of Security $28,000 - - -
Research And Development $3,131,000 $1,313,000 $1,655,000 $1,730,000
Selling General And Administration $4,767,000 $3,163,000 $6,877,000 $8,667,000
Other Gand A $4,767,000 $3,163,000 $4,752,000 $5,875,000
Diluted Average Shares - $287,370 $46,650 $5,689
Basic Average Shares - $287,370 $46,650 $5,689
Tax Provision - - - -
Other Special Charges - - - -
Fetched: 2026-04-28
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $14,554,000 $2,535,000 $3,580,000 $3,630,000
Total Assets $31,607,000 $2,807,000 $5,157,000 $5,875,000
Total Non Current Assets $18,601,000 $168,000 $505,000 $569,000
Other Non Current Assets $124,000 $117,000 $34,000 $34,000
Non Current Deferred Assets $136,000 $49,000 $0 -
Goodwill And Other Intangible Assets $2,243,000 $0 - -
Other Intangible Assets $2,243,000 - - -
Current Assets $13,006,000 $2,639,000 $4,652,000 $5,306,000
Other Current Assets $346,000 $240,000 $327,000 $235,000
Assets Held For Sale Current $15,000 $397,000 - -
Cash Cash Equivalents And Short Term Investments $12,645,000 $2,002,000 $3,395,000 $3,517,000
Cash And Cash Equivalents $12,645,000 $2,002,000 $3,395,000 $3,517,000
Inventory - $319,000 $756,000 $863,000
Receivables - $69,000 $174,000 $107,000
Accounts Receivable - $69,000 $174,000 $107,000
Current Deferred Assets - - $0 $584,000
Allowance For Doubtful Accounts Receivable - - - $0
Gross Accounts Receivable - - - $88,000
Prepaid Assets - - - -
Debt
Total Debt $6,454,000 $0 $369,000 $530,000
Long Term Debt And Capital Lease Obligation $6,454,000 $0 $176,000 $367,000
Long Term Debt $6,454,000 - - -
Current Debt And Capital Lease Obligation - - $193,000 $163,000
Liabilities
Total Liabilities Net Minority Interest $14,810,000 $272,000 $1,577,000 $2,245,000
Total Non Current Liabilities Net Minority Interest $14,164,000 $0 $176,000 $367,000
Other Non Current Liabilities $48,000 - - -
Liabilities Heldfor Sale Non Current $0 $0 - -
Derivative Product Liabilities $292,000 $0 - -
Current Liabilities $646,000 $272,000 $1,401,000 $1,878,000
Other Current Liabilities $6,000 $15,000 - -
Payables And Accrued Expenses $640,000 $257,000 $1,208,000 $1,715,000
Payables $444,000 $125,000 $873,000 $1,323,000
Total Tax Payable $180,000 $0 $160,000 -
Accounts Payable $264,000 $125,000 $713,000 $1,323,000
Equity
Common Stock Equity $16,797,000 $2,535,000 $3,580,000 $3,630,000
Total Equity Gross Minority Interest $16,797,000 $2,535,000 $3,580,000 $3,630,000
Stockholders Equity $16,797,000 $2,535,000 $3,580,000 $3,630,000
Retained Earnings $-52,597,000 $-43,541,000 $-37,886,000 $-29,642,000
Preferred Securities Outside Stock Equity $7,370,000 $0 - -
Other
Ordinary Shares Number $2,525,778 $556,977 $86,240 $5,692
Share Issued $2,525,778 $556,977 $86,240 $5,692
Tangible Book Value $14,554,000 $2,535,000 $3,580,000 $3,630,000
Invested Capital $23,251,000 $2,535,000 $3,580,000 $3,630,000
Working Capital $12,360,000 $2,367,000 $3,251,000 $3,428,000
Total Capitalization $23,251,000 $2,535,000 $3,580,000 $3,630,000
Additional Paid In Capital $69,392,000 $46,075,000 $41,466,000 $33,272,000
Capital Stock $2,000 $1,000 $0 $0
Common Stock $2,000 $1,000 $0 $0
Current Accrued Expenses $196,000 $132,000 $335,000 $392,000
Net PPE $16,098,000 $2,000 $471,000 $535,000
Accumulated Depreciation $-15,000 $-40,000 $-37,000 $-29,000
Gross PPE $16,113,000 $42,000 $508,000 $564,000
Machinery Furniture Equipment $12,656,000 $11,000 $11,000 $11,000
Buildings And Improvements $3,457,000 $0 $349,000 $523,000
Properties $0 $0 $0 $0
Capital Lease Obligations - $0 $369,000 $530,000
Preferred Stock - $0 $0 $0
Long Term Capital Lease Obligation - $0 $176,000 $367,000
Current Capital Lease Obligation - $0 $193,000 $163,000
Other Properties - $31,000 $148,000 $30,000
Inventories Adjustments Allowances - $-338,000 $-32,000 $0
Finished Goods - $192,000 $36,000 $116,000
Work In Process - $5,000 $0 $23,000
Raw Materials - $460,000 $752,000 $724,000
Treasury Shares Number - - $0 -
Fetched: 2026-04-28
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-7,580,000 $-5,725,000 $-8,629,000 $-8,930,000
Operating Activities
Operating Cash Flow $-6,999,000 $-5,725,000 $-8,511,000 $-8,919,000
Cash From Discontinued Operating Activities $-380,000 $-643,000 - -
Cash Flow From Continuing Operating Activities $-6,619,000 $-5,082,000 $-8,511,000 $-8,919,000
Operating Gains Losses $-28,000 - - -
Investing Activities
Capital Expenditure $-581,000 - $-118,000 $-11,000
Investing Cash Flow $-705,000 $0 $-118,000 $-11,000
Cash Flow From Continuing Investing Activities $-705,000 $0 $-118,000 $-11,000
Financing Activities
Issuance Of Capital Stock $18,546,000 $4,381,000 $8,507,000 $0
Financing Cash Flow $18,347,000 $4,332,000 $8,507,000 $-528,000
Cash Flow From Continuing Financing Activities $18,347,000 $4,332,000 $8,507,000 $-528,000
Net Other Financing Charges $-308,000 $-49,000 - $-584,000
Net Preferred Stock Issuance $16,209,000 $0 - -
Preferred Stock Issuance $16,209,000 $0 - -
Net Common Stock Issuance $2,337,000 $4,381,000 $8,507,000 $0
Common Stock Issuance $2,337,000 $4,381,000 $8,507,000 $0
Other
End Cash Position $12,645,000 $2,002,000 $3,395,000 $3,517,000
Beginning Cash Position $2,002,000 $3,395,000 $3,517,000 $12,975,000
Changes In Cash $10,643,000 $-1,393,000 $-122,000 $-9,458,000
Proceeds From Stock Option Exercised $109,000 $0 $0 $56,000
Net Investment Purchase And Sale $-124,000 $0 - -
Purchase Of Investment $-124,000 $0 - -
Net Intangibles Purchase And Sale $-543,000 $0 - -
Purchase Of Intangibles $-543,000 $0 - -
Net PPE Purchase And Sale $-38,000 $0 $-118,000 $-11,000
Purchase Of PPE $-38,000 $0 $-118,000 $-11,000
Change In Working Capital $452,000 $-1,193,000 $-752,000 $605,000
Change In Other Current Liabilities $0 $-369,000 $-161,000 $-178,000
Change In Other Current Assets $0 $34,000 $0 $15,000
Change In Payables And Accrued Expense $374,000 $-936,000 $-507,000 $643,000
Change In Accrued Expense $235,000 $-348,000 $103,000 $109,000
Change In Payable $139,000 $-588,000 $-610,000 $534,000
Change In Account Payable $139,000 $-588,000 $-610,000 $534,000
Change In Prepaid Assets $78,000 $78,000 $-92,000 $558,000
Other Non Cash Items $238,000 - - -
Stock Based Compensation $564,000 $229,000 $271,000 $398,000
Asset Impairment Charge $143,000 $0 - -
Depreciation Amortization Depletion $5,000 $352,000 $182,000 $174,000
Depreciation And Amortization $5,000 $352,000 $182,000 $174,000
Depreciation $5,000 $352,000 $182,000 $174,000
Gain Loss On Investment Securities $-28,000 - - -
Net Income From Continuing Operations $-7,993,000 $-4,470,000 $-8,244,000 $-10,096,000
Change In Inventory - $83,000 $75,000 $-434,000
Change In Receivables - $105,000 $-67,000 $1,000
Changes In Account Receivables - $105,000 $-67,000 $1,000
Provisionand Write Offof Assets - $354,000 $32,000 $0
Repayment Of Debt - - - $0
Issuance Of Debt - - - $0
Net Issuance Payments Of Debt - - - $0
Net Long Term Debt Issuance - - - $0
Long Term Debt Payments - - - $0
Long Term Debt Issuance - - - $0
Interest Paid Supplemental Data - - - -
Income Tax Paid Supplemental Data - - - -
Fetched: 2026-04-28