OGENNYSEPharmaceutical PreparationsUS GAAP · USD

Oragenics Inc

Oragenics Inc. is a U.S.-based biopharmaceutical development company focused on neurology assets, with its lead program ONP-002 being developed for the treatment of mild traumatic brain injury (concussion). The company operates as a single reportable segment centered on research, nonclinical work, clinical development, and regulatory advancement of its product candidate pipeline.

Liikevoitto (EBIT)−9,4milj. USD
+11,3 %v/v
Nettotulos−9,8milj. USD
+6,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−30−20−10010milj. USD2020: EBIT −27 milj. USD20202021: 0,09 milj. USD2021: EBIT −16 milj. USD20212022: 0,13 milj. USD2022: EBIT −14 milj. USD20222023: 0,04 milj. USD2023: EBIT −21 milj. USD20232024: 0,04 milj. USD2024: EBIT −11 milj. USD20242025: EBIT −9,4 milj. USD2025−9,4
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Lead product candidate development100 %

Development activities for ONP-002, the company's lead neurology candidate for concussion.

Clinical research services0 %

Third-party clinical trial, manufacturing, and regulatory services used to advance the program.

Nonclinical research and development0 %

Internal and outsourced preclinical studies and discovery work supporting the pipeline.

Asiakkaat

Oragenics does not currently sell commercial products, so its direct counterparties are primarily clinical research organizations, manufacturing and regulatory service providers, and potential licensing or strategic partners. If ONP-002 advances, the end market would be patients and healthcare providers treating concussion and other mild traumatic brain injury cases.

Clinical research and development vendors

They provide trial execution, manufacturing, and regulatory support for ONP-002 development.

Strategic licensing and partnership counterparties

Potential partners that could fund, co-develop, or commercialize neurology assets.

Future neurology patients and healthcare providers

The eventual end users of a concussion treatment if the candidate reaches market.

Strategia

The company’s strategy is to advance ONP-002 through clinical development and IND-enabling work while seeking external capital and strategic partnerships to support the program. It also references licensing, joint ventures, and other business arrangements as ways to fund development and expand the pipeline.

Advance ONP-002 clinical developmentLyhyt aikaväli

The lead asset is the core value driver and the basis for future partnering or commercialization.

Secure external funding and partnershipsLyhyt aikaväli

Development requires capital and the company relies on financing or collaborations to continue operations.

Build a broader neurology pipelineKeskipitkä aikaväli

Additional assets can diversify scientific risk and create more partnering opportunities.

Maantiede

Oragenics is headquartered in the United States and its development activities are managed as a single operating segment without separate geographic reporting. The company’s business is tied to U.S. capital markets, U.S. clinical development, and U.S. regulatory pathways, while any future commercialization could extend to other markets through partners.

Riskit

Oragenics faces the typical risks of a clinical-stage biotechnology company: uncertain trial outcomes, regulatory delays, and dependence on external financing. The company also highlights dilution risk from equity issuance, convertible securities, and anti-dilution features, which can materially affect shareholders as it funds development.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Clinical development failure1Regulatory approval delay or denial2Financing dilution3Anti-dilution and conversion overhang4Partnering and licensing execution risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Clinical development failureVaikutus: KorkeaTodennäköisyys: Korkea

    ONP-002 is still in development, so efficacy, safety, or trial design issues could halt progress.

    Kohdistuu: Lead program

  2. Regulatory approval delay or denialVaikutus: KorkeaTodennäköisyys: Korkea

    The business depends on IND-enabling work and future clinical/regulatory milestones.

    Kohdistuu: FDA pathway

  3. Financing dilutionVaikutus: KorkeaTodennäköisyys: Korkea

    The company expects to raise capital through equity and debt, which can dilute existing holders.

    KohdistuuCommon stockWarrantsPreferred shares
  4. Anti-dilution and conversion overhangVaikutus: KeskitasoTodennäköisyys: Korkea

    Series H Preferred Stock terms may increase the number of shares issued on conversion.

    Kohdistuu: Series H Convertible Preferred Stock

  5. Partnering and licensing execution riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Future funding and development plans depend partly on external alliances and agreements.

    Kohdistuu: Strategic partnerships

Kirjanpito

Harkinnanvaraiset erät
Going concern assessment

The company depends on future financing to continue development activities.

Vaikutus: Can affect disclosure, investor perception, and liquidity analysis

Research and development expense timing

Clinical and nonclinical costs are recognized as incurred and can vary by trial stage.

Vaikutus: Drives quarter-to-quarter volatility in operating loss

Legal and professional fee accruals

The company recorded a settlement-related accrual and other public-company costs.

Vaikutus: Can materially affect G&A expense and liabilities

Debt discount and interest expense

The March 2025 promissory note was issued at an original issue discount.

Vaikutus: Affects interest expense and net loss

Convertible preferred stock and warrants

Financing instruments may have embedded dilution and conversion features.

Vaikutus: Can affect equity classification, share count, and dilution

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026