Company research / BTAIQ

BioXcel Therapeutics, Inc. (BTAIQ)

CIK 0001720893 · Nasdaq · Pharmaceutical Preparations

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, BioXcel Therapeutics, Inc. reported revenue of $642.0K. Revenue fell 71.7% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $742.0K.

Key ratios (year ended 2025-12-31)

74.5%
Gross margin (computed)
n/m
Operating margin
n/m
Net margin
-71.7%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 8-K (current report) · 2026-09-01

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Stock splits: 1-for-16, first reflected in a filing dated 2025-03-28. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Revenue$742.0K$642.0K$2.27M$1.38M$375.0Kn/an/an/an/an/a
Cost of Revenue$348.0K$164.0K$2.14M$1.26M$20.0Kn/an/an/an/an/a
Gross Profit (computed)$394.0K$478.0K$123.0K$120.0K$355.0Kn/an/an/an/an/a
R&D Expense$21.56M$30.25M$30.43M$84.33M$91.24M$52.71M$57.99M$25.80M$14.56M$2.69M
Operating Income-$44.93M-$50.46M-$67.25M-$171.78M-$159.65M-$106.94M-$82.30M-$33.60M-$19.96M-$4.54M
Depreciation & Amortizationn/an/an/an/an/a$297.0K$188.0K$156.0K$17.0K$1.0K
EBITDAn/an/an/an/an/a-$106.64M-$82.11M-$33.45M-$19.95M-$4.54M
Net Income-$70.86M-$69.90M-$59.60M-$179.05M-$165.76M-$106.93M-$82.17M-$32.97M-$19.27M-$4.54M
EPS (Diluted)n/a-$5.73-$23.51-$98.33-$5.92-$4.05-$3.79n/an/an/a
Total Assets$28.80M$44.92M$38.34M$73.70M$205.85M$239.44M$219.94M$36.39M$43.55M$1.35M
Total Liabilities$144.26M$140.38M$131.44M$130.21M$129.08M$17.77M$13.24M$9.50M$4.66M$2.34M
Long-Term Debt$104.45M$109.59M$102.51Mn/an/an/an/an/an/an/a
Shareholders' Equity-$115.46M-$95.46M-$93.10M-$56.51M$76.78M$221.67M$206.70M$26.89M$38.89M-$982.0K
Cash & Equivalents$12.84M$28.41M$29.85M$65.22M$193.72M$232.97M$213.12M$32.43M$42.56M$887.0K
Operating Cash Flow-$50.90M-$57.62M-$72.03M-$155.01M-$135.34M-$82.15M-$66.35M-$27.10M-$13.51M-$2.20M
Capital Expenditures$0$0$0$20.0K$139.0K$445.0K$316.0K$870.0K$340.0Kn/a
Free Cash Flow-$50.90M-$57.62M-$72.03M-$155.03M-$135.48M-$82.60M-$66.67M-$27.97M-$13.85Mn/a
Share Repurchasesn/an/an/an/an/an/a$9.02Mn/an/an/a
Shares Outstanding31.30M22.33M3.10M1.87M28.15M27.98M24.42M18.09M15.66M9.91M
Weighted Average Diluted Sharesn/a12.21M2.54M1.82M28.02M26.37M21.68Mn/an/an/a
EPS (Basic)n/a-$5.73-$23.51-$98.33-$5.92-$4.05-$3.79n/an/an/a

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