Lipocine Inc

Lipocine Inc

LPCN · NASDAQ · Healthcare / Biotechnology

1.71USD+0.09 (+5.56%)

Price History

Full chart

Market Stats

Previous Close1.62
Open1.63
Day Range1.53 – 1.75
52-Week Range1.81 – 12.37
Volume209.75K
Market Cap17.31M
P/E (TTM)0.00
Forward P/E5.64
EPS-1.85
Dividend Yield0.00%
Beta0.47
50-Day Avg2.17
200-Day Avg4.44

About

Lipocine Inc., a clinical-stage biopharmaceutical company, engages in the research and development for the delivery of drugs using its proprietary delivery technology. The company offers TLANDO, an oral testosterone replacement therapy (TRT) comprising testosterone undecanoate. It also develops LPCN 1154 (BRLIZIO), an oral neuro-steroid in a Phase 3 pivotal trial for postpartum depression; LPCN 1148, a prodrug of testosterone and testosterone laurate that has completed a Phase 2 trial for the management of decompensated cirrhosis; LPCN 1107, an oral hydroxy progesterone caproate product that has completed a Phase 2 trial for the prevention of recurrent preterm birth; LPCN 1144, an oral prodrug of bioidentical testosterone that has completed a Phase 2 trial for pre-cirrhotic non-alcoholic steatohepatitis; and LPCN 2401, an oral formulation comprising a proprietary anabolic androgen receptor agonist that is in a Phase 2 trial to manage incretin mimetic use in obesity management. In addition, the company is developing LPCN 2201, an oral brexanolone formulation that has completed a Phase 1 trial for major depressive disorders; LPCN 2203, an oral candidate that has completed a Phase 1 trial for management of essential tremor; and LPCN 2101, a neuroactive steroids (NAS) candidate that has completed a Phase 1 trial for drug-resistant epilepsy and women with epilepsy. The company's products focus on neurological and psychiatric central nervous system (CNS) disorders, liver disease, and hormone supplementation in the United States. It has a collaboration with Verity Pharmaceuticals, Inc. to develop and commercialize TLANDO; and TLANDO XR (LPCN 1111), a once-daily oral product candidate that has completed a Phase 2 trial for testosterone replacement therapy. Lipocine Inc. was founded in 1997 and is headquartered in Salt Lake City, Utah.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Mahesh V. Patel Ph.D.
  • Employees14
  • Headquarters675 Arapeen Drive, Salt Lake City, UT, United States, 84108, USA
  • Websitehttps://www.lipocine.com

Leadership

  • Dr. Mahesh V. Patel Ph.D.Co-Founder, President, CEO & Director · b. 1957
  • Ms. Krista FogartyPrincipal Accounting Officer & Corporate Controller · b. 1968
  • Dr. Nachiappan Chidambaram Ph.D.Senior Vice President of Research & Development · b. 1969
  • Mr. Logan MorseVice President of Sales, Marketing & Operations · b. 1970
  • Dr. Anthony DelConte M. D., M.D.Chief Medical Director · b. 1958

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.09M7.71M00000428.03K164.99K0.0416.14M500.00K-2.85M11.20M1.98M
Growth (%)-+149.60%-100.00%------61.45%-100.00%+40352094900.00%-96.90%-670.16%+492.80%-82.35%
Cost of Revenue5.38M3.79M5.12M15.48M12.58M8.08M11.00M6.46M7.47M9.75M7.67M8.56M10.18M41.11K8.58M
Gross Profit-3.92M-5.12M-15.48M-12.58M-8.08M-11.00M428.03K-7.30M-9.75M8.48M-8.06M-13.03M11.20M-6.61M
Gross Margin-50.86%-----100.00%-4426.46%-24371172500.00%52.51%-1611.38%456.92%100.00%-334.26%
Operating Expense-4.00M3.64M5.00M5.80M10.38M10.21M11.75M5.60M8.25M5.33M4.06M4.90M12.35M3.76M
Operating Income-5.16K-76.65K-8.76M-20.48M-18.38M-18.46M-21.22M-11.33M-12.90M-18.00M3.15M-12.12M-17.93M-1.16M-10.37M
Operating Margin-0.17%-0.99%------2646.03%-7818.83%-44990660000.00%19.49%-2423.88%628.98%-10.31%-524.69%
EBITDA-5.16K-76.65K-10.62M-20.47M-18.36M-18.94M-21.19M-11.31M-12.22M-17.99M-430.53K-10.72M-16.32M50.14K-9.57M
EBITDA Margin-0.17%-0.99%------2641.68%-7409.51%-44981775000.00%-2.67%-2144.28%572.56%0.45%-483.97%
Net Income-5.16K-76.65K-10.59M-20.37M-18.21M-18.97M-20.98M-11.66M-13.01M-20.96M-634.40K-10.76M-16.35M8.35K-9.63M
Net Income Margin-0.17%-0.99%------2724.11%-7883.72%-52412047500.00%-3.93%-2151.73%573.59%0.07%-487.06%
R&D3.11M2.28M5.59M15.48M12.58M8.08M11.00M6.46M7.47M9.75M7.67M8.56M10.18M7.35M8.58M
R&D as % of Total Revenue100.78%29.58%-----1510.34%4526.46%24371172500.00%47.49%1711.38%-356.92%65.65%434.26%
Interest Expense00000000343.25K386.62K203.29K27.10K0--
Interest Expense % of Total Revenue0.00%0.00%-----0.00%208.05%966545000.00%1.26%5.42%0.00%--

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets32.44K57746.11M27.99M45.38M27.34M25.33M20.85M19.66M25.35M52.48M37.54M23.00M22.51M17.01M
Total Liabilities7.61K11.89K1.28M1.63M3.39M1.33M6.35M11.42M13.37M10.01M6.91M1.91M2.63M1.51M2.53M
Total Equity24.84K-11.32K44.82M26.36M41.99M26.02M18.98M9.43M6.29M15.34M45.57M35.63M20.37M21.00M14.48M
Cash22.94K57745.26M27.67M20.01M5.56M3.21M8.08M9.73M19.22M2.95M3.15M4.77M6.21M5.21M
Total Debt-------10.26M7.15M5.59M2.31M-17.17K438.63K449.59K
Net Debt-22.94K-577-45.26M-27.67M-20.01M-5.56M-3.21M2.18M-2.58M-13.63M-639.73K-3.15M-4.77M-6.21M-4.76M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-7.29K-62.87K-8.59M-17.30M-15.36M-18.28M-16.70M-12.08M-11.67M-15.30M-4.41M-11.97M-11.87M-1.22M-9.76M
Investing Cash Flow--12.32K-1.21K-38.36K-25.02M3.23M3.13M11.29M3.00M3.89M-43.78M14.29M13.08M2.45M5.89M
Financing Cash Flow30.24K40.50K48.48M-255.12K32.72M605.87K11.23M10.65M10.32M20.90M26.92M-2.13M404.57K209.34K2.87M
Capital Expenditure20.00K12.32K1.21K59.61K28.69K59.65K07.59K7.59K7.59K7.59K133.83K13.17K90.09K1
Free Cash Flow-7.29K-75.18K-8.59M-17.36M-15.38M-18.34M-16.70M-12.08M-11.67M-15.30M-4.42M-12.10M-11.88M-1.31M-9.76M
Dividends Paid-000000----211.42K---
FCF to OCF100.00%119.59%100.01%100.34%100.19%100.33%100.00%100.00%100.00%100.00%100.17%101.12%100.11%107.38%100.00%
Dividend Paid to FCF-0.00%0.00%0.00%0.00%0.00%0.00%-----1.75%---

Earnings

Report DateJun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Aug 28, 2013Nov 27, 2013Mar 31, 2014May 13, 2014Aug 13, 2014Nov 10, 2014Mar 11, 2015May 7, 2015Aug 11, 2015Nov 12, 2015Mar 10, 2016May 9, 2016Aug 9, 2016Nov 8, 2016Mar 6, 2017May 8, 2017Aug 7, 2017Nov 8, 2017Mar 12, 2018May 7, 2018Aug 7, 2018Nov 7, 2018Mar 6, 2019May 8, 2019Aug 7, 2019Nov 12, 2019Mar 13, 2020May 7, 2020Aug 6, 2020Nov 10, 2020Mar 11, 2021May 6, 2021Aug 5, 2021Nov 10, 2021Mar 9, 2022May 9, 2022Aug 8, 2022Nov 9, 2022Mar 10, 2023May 11, 2023Aug 10, 2023Nov 8, 2023Mar 7, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Mar 5, 2025May 8, 2025Aug 14, 2025Nov 6, 2025Mar 10, 2026May 7, 2026Aug 4, 2026Nov 5, 2026
EPS Estimate-------0.27-5.95-7.14-9.86-0.27-5.95-3.57-5.86-0.29-6.46-6.71-4.25-0.28-6.29-5.61-4.08-0.23-3.74-5.18-4.76-0.12-2.55-2.55-2.72-0.15-1.36-1.36-1.02-0.06-0.85-0.85-0.72-0.01-0.34-0.68-0.57-0.03-0.42-0.64-0.60-0.47-0.68-0.78-0.48-0.40-0.35-0.40-0.54-0.61-0.48-0.47-0.39
EPS Actual-29.79-2.75-2.40-1.56-1.51-6.63-0.30-6.97-9.35-5.44-0.32-3.91-4.42-5.95-0.25-6.46-5.44-3.06-0.16-4.42-5.27-3.74-0.25-2.21-2.55-2.04-0.15-2.38-2.38-2.04-0.10-2.38-2.21-1.19-0.06-0.68-1.36-0.510.15-0.68-0.51-0.51-0.03-0.68-0.68-1.26-0.420.66-0.56-0.440.33-0.35-0.41-0.59-0.42-0.54-0.32-
Surprise-------11.11%-17.14%-30.95%44.83%-18.52%34.29%-23.81%-1.54%13.79%0.00%18.93%28.00%42.86%29.73%6.06%8.33%-8.70%40.91%50.77%57.14%-25.00%6.67%6.67%25.00%33.33%-75.00%-62.50%-16.67%0.00%20.00%-60.00%29.17%1600.00%-100.00%25.00%10.53%0.00%-61.90%-6.25%-110.00%10.64%197.06%28.21%8.33%182.50%0.00%-2.50%-9.26%31.15%-12.50%31.91%-
Timing-------Pre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap17.31M
Enterprise Value-5.71M
Trailing P/E0.00
Forward P/E5.64
PEG Ratio0.00
Price / Sales11.03
Price / Book0.81
EPS-1.85
Book Value2.64
Revenue (TTM)1.57M
Gross Profit (TTM)1.57M
EBITDA-12.51M
Profit Margin0.00%
Operating Margin-1495.14%
Return on Equity-60.94%
Return on Assets-37.04%
Shares Outstanding8.24M
Shares Float6.55M
Beta0.47
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 5.00
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
36.19%
Insiders
4.51%
Retail / Other
59.30%

Top Institutional Holders

  • Squadron Capital Management LLC
    810.00K9.82%
  • Ikarian Capital, LLC
    508.56K6.17%
  • StemPoint Capital LP
    320.84K3.89%
  • Eversept Partners, LP
    294.99K3.58%
  • Rosalind Advisors, Inc.
    221.62K2.69%
  • Vanguard Capital Management, LLC
    200.67K2.43%
  • BOOTHBAY FUND MANAGEMENT, LLC
    140.49K1.70%
  • Seven Fleet Capital Management LP
    124.94K1.52%
  • Birchview Capital, LP
    111.79K1.36%
  • BlackRock Inc
    89.27K1.08%
  • Two Sigma Investments LLC
    84.89K1.03%
  • Citadel Advisors Llc
    81.22K0.99%
  • Geode Capital Management, LLC
    63.13K0.77%
  • J. Goldman & Co LP
    42.17K0.51%
  • Renaissance Technologies Corp
    38.50K0.47%
  • Dimensional Fund Advisors, Inc.
    36.77K0.45%
  • Vanguard Fiduciary Trust Co
    32.41K0.39%
  • Susquehanna International Group, LLP
    24.91K0.30%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    142.77K1.73%
  • Fidelity Extended Market Index
    43.75K0.53%

Stock Splits

  • May 12, 20231:17
  • Jul 25, 20131:100