KAPANYSEPharmaceutical PreparationsUS GAAP · USD

Kairos Pharma, LTD.

Kairos Pharma, Ltd. is a U.S.-based clinical-stage pharmaceutical company focused on acquiring, licensing, and developing drug candidates and related intellectual property. The company has no approved products or product sales yet, and its current business is centered on preclinical and clinical development, IP portfolio building, and capital raising to fund operations.

Operating profit (EBIT)-5.6m USD
−137.8 %y/y
Net income-5.4m USD
−109.3 %y/y

Fiscal year 2025 · change from previous year

Development 2023–2025

-6-4-20m USD2023: EBIT -1.7 m USD20232024: EBIT -2.3 m USD20242025: EBIT -5.6 m USD2025-5.6
RevenueOperating profit (EBIT)

Business

Share of revenue
Licensed therapeutic programs0 %

Exclusive license rights to patented technologies and drug-development programs sourced from Cedars.

Preclinical development45 %

Early-stage research, candidate selection, and nonclinical studies to advance product concepts.

Clinical development35 %

Human clinical studies and related regulatory preparation for product candidates.

Intellectual property and business development20 %

Patent portfolio management, licensing, and partnering activities that support commercialization.

Customers

Kairos Pharma does not yet sell approved products, so its near-term counterparties are not traditional end customers but rather licensors, advisors, investors, and potential development partners. If its programs advance, the eventual buyers would be hospitals, physicians, and patients through pharmaceutical commercialization channels, but today the company is primarily funded by equity investors and supported by consulting and advisory relationships.

Equity investors

Provide capital through IPO, PIPE, ELOC, and private financings because the company has no product revenue.

Technology licensors

Supply exclusive patent rights and know-how, including Cedars-licensed programs that underpin the pipeline.

Strategic advisors and consultants

Support corporate strategy, investor relations, valuation, and financing execution.

Potential pharmaceutical partners

May license or co-develop programs to help fund development and future commercialization.

Future healthcare end users

Hospitals, physicians, and patients would be the ultimate users if candidates are approved.

Strategy

Kairos Pharma’s strategy is to advance licensed therapeutic programs through preclinical and clinical development while building the intellectual property base needed for eventual partnering or commercialization. Near term, the company is prioritizing financing execution, advisory support, and public-company infrastructure so it can continue development without product revenue.

Advance pipeline programsMedium term

Clinical progress is the main value driver for a company with no product sales.

Secure fundingShort term

The company needs external capital to fund operations until any product revenue exists.

Pursue partnering and licensingMedium term

Collaborations can provide cash, validation, and commercialization reach without full internal buildout.

Strengthen market positioningShort term

Investor communications and corporate strategy support access to capital and deal flow.

Geography

Kairos Pharma is headquartered in the United States and its current operating footprint is primarily U.S.-based, reflecting a domestic clinical-stage biotech model. The company also uses non-U.S. counterparties for advisory and financing support, including Canadian and Puerto Rico-based service providers, but it has not disclosed meaningful country-level revenue because it has not generated product sales.

Risks

Kairos Pharma is exposed to the core risks of a clinical-stage biotech: it may never obtain regulatory approval, may fail to raise enough capital, and may need to dilute shareholders to fund operations. Because it has no product revenue, execution risk in development and financing is especially important, and any setback can materially affect the company’s ability to continue as a going concern.

Sorted by severity
Funding shortfallCritical

The company has no sales and must finance development through equity, debt, or partnerships.

ExposureOperationsClinical trialsCommercialization readiness
Clinical and regulatory failureCritical

Drug candidates may not demonstrate safety or efficacy, or may not obtain approval.

Exposure: Pipeline programs and future revenue potential

Shareholder dilutionHigh

Recent and future financings, including PIPEs and ELOC usage, can expand share count materially.

Exposure: Existing common stockholders

Going-concern pressureHigh

Persistent losses and negative operating cash flow increase the risk of liquidity stress.

Exposure: Balance sheet and operating continuity

Dependence on licensors and third partiesMedium

The company relies on licensed IP, advisors, and outside service providers to progress programs.

Exposure: Program continuity and deal terms

Accounting

Judgemental items
Revenue recognition

The company currently has no product sales, so future revenue will depend on licensing or commercialization terms.

Impact: Any future collaboration or license revenue may be recognized over time or at milestones depending on contract terms.

Stock-based compensation

The company issued RSUs and equity-linked consideration to advisors and service providers.

Impact: Can materially increase G&A expense without cash outflow.

Warrants and equity financing costs

Placement agents received warrants and the company used PIPE/ELOC structures.

Impact: Affects dilution, financing expense, and potentially fair value measurements.

Going-concern and liquidity estimates

The company has recurring losses and depends on external capital.

Impact: Management judgment affects disclosures and assessment of funding sufficiency.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026