Skye Bioscience, Inc. Common Stock

Skye Bioscience, Inc. Common Stock

SKYE · NASDAQ · Healthcare / Biotechnology

1.09USD+0.01 (+0.93%)

Price History

Full chart

Market Stats

Previous Close1.08
Open1.07
Day Range1.00 – 1.22
52-Week Range0.2552 – 4.99
Volume65.20K
Market Cap7.39M
P/E (TTM)0.00
Forward P/E0.00
EPS-10.24
Dividend Yield0.00%
Beta2.90
50-Day Avg3.13
200-Day Avg5.64

About

Skye Bioscience, Inc., a clinical-stage biotechnology company, develops molecules that modulate G-protein-coupled receptors to treat obesity, overweight, and related metabolic diseases. The company's lead clinical asset is nimacimab, a peripherally-restricted negative allosteric modulating antibody targeting cannabinoid receptor 1 (CB1) administered as a subcutaneous injectable, which targets CB1 receptors in peripheral tissues including adipose, liver, and muscle tissues with limited central nervous system accumulation. Nimacimab addresses metabolic processes related to energy expenditure, fat mobilization, leptin sensitivity, appetite regulation, and satiety signaling. Skye Bioscience, Inc. was formerly known as Emerald Bioscience Inc. and changed its name to Skye Bioscience, Inc. in December 2020. Skye Bioscience, Inc. was incorporated in 2011 and is based in San Diego, California.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Punit S. Dhillon B.A.
  • Employees2
  • Headquarters11250 El Camino Real, San Diego, CA, United States, 92130, USA
  • Websitehttps://skyebioscience.com

Leadership

  • Mr. Punit S. Dhillon B.A.President, CEO & Director · b. 1980
  • Mr. John P. Sharp CPACFO and Principal Financial & Accounting Officer · b. 1965

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue16.24K339.93K---000000000
Growth (%)-+1992.75%------------
Cost of Revenue5.36K131.34K-9.95K14.92K8.04K1.54K1.46K1.87K34.13K115.00K124.25K298.64K723.35K
Gross Profit10.89K208.59K--9.95K-14.92K-8.04K-1.54K-1.46K-1.87K-34.13K-115.00K-124.25K-298.64K-723.35K
Gross Margin67.03%61.36%------------
Operating Expense6.77K215.83K-4.31M4.46M3.85M4.69M6.63M6.29M7.81M18.20M34.61M29.89M57.44M
Operating Income4.12K-7.24K-2.73M-4.32M-4.47M-3.86M-4.69M-6.63M-6.29M-7.85M-18.31M-34.74M-30.19M-58.16M
Operating Margin25.35%-2.13%------------
EBITDA4.75K9.24K----3.08M-4.69M2.04M-5.85M-7.72M-18.70M-36.62M-25.29M-55.20M
EBITDA Margin29.27%2.72%------------
Net Income4.51K-120.40K-2.73M-4.84M-3.18M-3.09M-19.19M1.05M-6.56M-8.52M-19.48M-37.64M-26.57M-55.92M
Net Income Margin27.76%-35.42%------------
R&D--227.50K576.09K939.04K311.30K329.97K2.24M1.94M2.93M6.01M5.82M18.70M42.36M
Interest Expense6382.15K-522.34K066794.76K1.00M706.38K767.51K663.77K906.27K967.60K0
Interest Expense % of Total Revenue3.93%0.63%------------

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets42.88K145.69K348.35K3.51M323.36K557.22K1.96M2.00M2.67M9.86M9.11M11.94M72.76M28.31M
Total Liabilities4.33K182.15K801.89K3.04M1.77M1.36M17.52M1.45M2.22M3.99M12.12M14.07M4.61M8.29M
Total Equity38.56K-182.15K-453.55K471.00K-1.45M-800.08K-15.56M548.06K450.79K5.86M-3.01M-2.13M68.15M20.02M
Cash26.40K52.19K207.33K3.22M64.82K259.95K1.85M1.83M2.47M8.98M1.24M1.26M68.42M5.88M
Total Debt-47.24K---235.00K1.36M387.07K1.50M2.14M1.93M4.62M455.59K273.65K
Net Debt-26.40K-4.95K-207.33K-3.22M-64.82K-24.95K-492.41K-1.44M-971.61K-6.85M603.85K3.36M-67.96M-5.61M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.93K-14.49K-1.76M-3.73M-3.55M-3.30M-3.94M-6.03M-6.05M-6.47M-12.74M-13.95M-25.24M-43.06M
Investing Cash Flow--38.12K-23.26K-1.98K-11.12K-19.65K-4.38K-7.23K-7.23K-90.87K5.21M6.60M-245.62K-19.50M
Financing Cash Flow10.56K78.39K1.99M6.74M407.67K3.51M5.54M6.00M6.70M13.08M-208.79K16.44M83.56M29.57K
Capital Expenditure049.12K23.26K1.98K11.12K19.65K4.38K7.23K7.23K90.87K28.06K12.55K1.60M6.31K
Free Cash Flow1.93K-63.61K-1.78M-3.73M-3.56M-3.32M-3.95M-6.03M-6.06M-6.57M-12.77M-13.96M-26.84M-43.07M
FCF to OCF100.00%438.85%101.33%100.05%100.31%100.60%100.11%100.00%100.12%101.40%100.22%100.09%106.36%100.01%

Earnings

Report DateSep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 27, 2015May 13, 2015Aug 14, 2015Nov 12, 2015Mar 21, 2016May 13, 2016Aug 12, 2016Nov 9, 2016Mar 10, 2017May 12, 2017Aug 11, 2017Nov 14, 2017Mar 19, 2018May 30, 2018Aug 29, 2018Nov 28, 2018Feb 27, 2019May 29, 2019Aug 28, 2019Nov 27, 2019Feb 26, 2020Jun 3, 2020Sep 2, 2020Dec 2, 2020Mar 3, 2021Jun 2, 2021Sep 1, 2021Dec 1, 2021Mar 2, 2022Jun 1, 2022Aug 15, 2022Nov 14, 2022Mar 1, 2023May 31, 2023Aug 7, 2023Nov 13, 2023Mar 22, 2024May 10, 2024Aug 9, 2024Nov 7, 2024Mar 19, 2025May 8, 2025Aug 7, 2025Nov 10, 2025Dec 31, 2025May 11, 2026Aug 14, 2026Nov 9, 2026
EPS Estimate0.000.000.000.000.000.00------17.50-17.500.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00--------0.000.000.000.000.00-0.38-0.16-0.19-0.25-0.28-0.29-0.34-0.32-2.45-0.32-0.29-1.12
EPS Actual-0.00-0.00-0.00-0.02-0.08-0.12-0.06-0.13-0.07-0.04-0.08-20.00-17.50-0.09-0.09-0.02-0.02-0.02-0.03-0.09-0.02-0.02-0.05-0.110.08-0.040.03-0.01-0.01-0.01-0.01-0.01-0.01-0.00-0.01-0.01-0.01-0.01-0.01-0.01-0.00-3.17-0.63-0.18-0.20-0.10-0.29-0.28-0.44-0.32-2.95-0.32-0.27-
Surprise------------14.29%0.00%------------------------------65.79%-12.50%-5.26%60.00%-2.18%3.45%-29.41%0.00%-20.20%0.00%6.90%-
Timing------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-----------------Pre-market---After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hours

Key Statistics & Ratios

Market Cap7.39M
Enterprise Value-1.92M
Trailing P/E0.00
Forward P/E0.00
Price / Sales117.90
Price / Book1.96
EPS-10.24
Book Value-0.113
Revenue (TTM)0
Gross Profit (TTM)0
EBITDA-47.37M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-233.87%
Return on Assets-95.06%
Shares Outstanding4.43M
Shares Float2.96M
Beta2.90
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 68.00
  • Strong Buy
    4
  • Buy
    3

Ownership Breakdown

Institutions
40.17%
Insiders
4.24%
Retail / Other
55.59%

Top Institutional Holders

  • 5AM Venture Management, LLC
    9.68M27.33%
  • Versant Venture Management LLC
    2.01M5.67%
  • Baker Bros Advisors LP
    1.58M4.45%
  • Vanguard Capital Management, LLC
    764.46K2.16%
  • Sphera Funds Management Ltd.
    678.93K1.92%
  • BlackRock Inc
    286.13K0.81%
  • Geode Capital Management, LLC
    277.26K0.78%
  • Junked Platinum Investment Management Ltd
    233.09K0.66%
  • Millennium Management LLC
    198.52K0.56%
  • Vanguard Fiduciary Trust Co
    104.23K0.29%
  • State Street Corp
    75.33K0.21%
  • UBS Group AG
    45.76K0.13%
  • XTX Topco Ltd
    40.92K0.12%
  • Engineers Gate Manager LP
    20.19K0.06%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    70.23K1.59%
  • Fidelity Extended Market Index
    112.18K0.32%
  • RHB Equity Trust
    100.30K0.28%
  • Abante Quant Value FI
    72.70K0.21%
  • Fidelity Total Market Index
    30.64K0.09%
  • Fidelity Series Total Market Index
    24.38K0.07%

Stock Splits

  • Aug 24, 20261:8
  • Sep 8, 20231:250