SPRCNasdaqPharmaceutical PreparationsUS GAAP · USD

SciSparc Ltd.

SciSparc Ltd. is a U.S.-listed biopharmaceutical company with operations centered in Tel Aviv, Israel, through its majority-owned subsidiary NeuroThera. Its business focuses on clinical-stage cannabinoid-based drug development for central nervous system disorders, alongside a smaller consumer product activity in hemp seed oil products sold online.

Liikevaihto1,3milj. USD
−54,6 %v/v
Liikevoitto (EBIT)−7,5milj. USD
−27,4 %v/v
EBIT-marginaali−570,9%
−367,6 %-yks.v/v
Nettotulos−6,3milj. USD
−22,7 %v/v
Vapaa kassavirta−5,1milj. USD
+13,3 %v/v

Tilikausi 2024 · muutos edellisvuodesta

Kehitys 2021–2024

−7,5−5,0−2,50,02,55,0milj. USD2021: 0,00 milj. USD2021: EBIT −5,8 milj. USD20212022: 1,3 milj. USD2022: EBIT −2,5 milj. USD20222023: 2,9 milj. USD2023: EBIT −5,9 milj. USD20232024: 1,3 milj. USD2024: EBIT −7,5 milj. USD20241,3−7,5
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Clinical-stage cannabinoid therapeutics70 %

Drug candidates based on THC and non-psychoactive CBD for CNS and related disorders.

Consumer hemp seed oil products20 %

Hemp seed oil-based products sold through Amazon Marketplace.

Scientific and strategic advisory activity10 %

Early-stage evaluation of AI, cybersecurity, and related opportunities.

Asiakkaat

SciSparc’s primary end users are patients with central nervous system and neurodevelopmental disorders, with the company’s drug programs directed toward conditions such as Tourette syndrome, Alzheimer’s-related agitation, autism spectrum disorder, and status epilepticus. Its consumer products are sold to retail buyers on Amazon Marketplace, while any AI-related activity is still exploratory and aimed at assessing commercial opportunities rather than serving a defined customer base.

Neurology and CNS treatment market

Patients, caregivers, and physicians targeted by SCI-110 and SCI-210 for neurological and neurodevelopmental indications.

Online retail consumers

Consumers buying hemp seed oil-based products through Amazon Marketplace for wellness use.

Strategic technology counterparties

Potential partners or targets in AI and cybersecurity that may support future corporate development.

Strategia

SciSparc is focused on advancing its cannabinoid-based pipeline in CNS disorders while continuing to seek development, regulatory, and partnership pathways for its programs. The company has also broadened its strategic lens to include agentic AI and cybersecurity, suggesting a corporate development approach that combines life sciences assets with optionality in adjacent technology areas.

Advance cannabinoid drug candidatesKeskipitkä aikaväli

Clinical progress is the core value driver for a development-stage pharmaceutical company.

Pursue regulatory and development catalystsLyhyt aikaväli

Regulatory milestones can de-risk programs and improve partnering or financing optionality.

Explore AI and cybersecurity opportunitiesLyhyt aikaväli

Broadens the company’s strategic pipeline beyond pharmaceuticals and may create new optionality.

Maantiede

The company is organized around operations in Tel Aviv, Israel, while being publicly listed in the United States on Nasdaq. Its pharmaceutical development programs are global in nature because clinical-stage drug assets can be developed and tested across multiple jurisdictions, and its consumer product sales are tied to the Amazon marketplace rather than a single country.

Riskit

SciSparc faces the usual development-stage pharmaceutical risks: clinical failure, regulatory delays, and uncertainty over whether its cannabinoid programs will achieve meaningful efficacy and approvals. The company also has execution risk from operating a small business with multiple initiatives, including consumer products and early-stage technology exploration, which can dilute focus and increase financing dependence.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Clinical development failure1Regulatory approval uncertainty2Financing dependence3Marketplace concentration4Strategic distraction5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Clinical development failureVaikutus: KriittinenTodennäköisyys: Korkea

    SCI-110 and SCI-210 are still investigational and may not prove effective or safe in trials.

    Kohdistuu: Drug pipeline value

  2. Regulatory approval uncertaintyVaikutus: KorkeaTodennäköisyys: Korkea

    Drug candidates require successful interactions with health regulators before commercialization.

    Kohdistuu: Clinical-stage programs

  3. Financing dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    A small development-stage company typically needs recurring capital to fund trials and operations.

    Kohdistuu: Corporate liquidity and dilution

  4. Marketplace concentrationVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Amazon-based consumer sales depend on a single platform’s policies, ranking, and competition.

    Kohdistuu: Hemp seed oil products

  5. Strategic distractionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Adding AI and cybersecurity initiatives may pull management attention away from core biotech assets.

    Kohdistuu: Corporate strategy

Kirjanpito

Harkinnanvaraiset erät
Research and development expense

Clinical-stage drug programs typically expense trial and development costs as incurred, affecting reported losses.

Vaikutus: Measures cash burn tied to SCI-110 and SCI-210

Fair value measurement

Financing rounds with warrants or equity-linked features can require recurring valuation judgments.

Vaikutus: Can create volatility in non-operating results

Subsidiary investment accounting

SciSparc’s ownership stake in NeuroThera may be affected by new financings and dilution.

Vaikutus: Affects balance sheet carrying value and ownership percentages

Revenue recognition for online sales

Marketplace sales need proper gross-versus-net presentation and timing of transfer to customers.

Vaikutus: Influences reported consumer product revenue and margins

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026

SciSparc Ltd. (Nasdaq) – Pharmaceutical Preparations | Analyysi – Clarifo