Capricor Therapeutics Inc (OQ:CAPR)

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 8840 Wilshire Blvd, 2nd Floor
BEVERLY HILLS CA 90211
Tel: 1-617-4356602
Website: https://capricor.com
IR: See website
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Key People
Frank I. Litvack
Executive Chairman of the Board
Linda Marban
President, Chief Executive Officer, Director
Anthony Bergmann
Chief Financial Officer
Karen G. Krasney
Executive Vice President, General Counsel
   
Business Overview
Capricor Therapeutics, Inc. is a biotechnology company developing transformative cell and exosome-based therapeutics for the treatment and prevention of rare diseases. The Company's program is focused on the development and commercialization of a cell therapy technology comprised of cardiosphere-derived cells (CDCs) for the treatment of Duchenne muscular dystrophy (DMD). Its lead product candidate, CAP-1002, is an allogeneic cardiac-derived cell therapy. CAP-1002 is advancing through Phase 3 clinical development for the treatment of Duchenne muscular dystrophy (DMD). CAP-1002 demonstrates immunomodulatory, antifibrotic, and regenerative actions specifically tailored for dystrophinopathies and heart disease. The Company leverages its exosome technology, using its StealthX platform in preclinical development focused on the areas of vaccinology, targeted delivery of oligonucleotides, proteins and small molecule therapeutics to potentially treat and prevent a diverse array of diseases.
Financial Overview
For the fiscal year ended 31 December 2023, Capricor Therapeutics Inc revenues increased from $2.6M to $25.2M. Net loss decreased 23% to $22.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Investment income increase from $522K to $1.7M (income), Loss on disposal of fixed assets decrease of 82% to $6K (expense).
Employees: 101 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $121.72M as of Dec 31, 2023
Annual revenue (TTM): $25.18M as of Dec 31, 2023
EBITDA (TTM): -$23.01M as of Dec 31, 2023
Net annual income (TTM): -$22.29M as of Dec 31, 2023
Free cash flow (TTM): -$27.64M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 31,502,972 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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