ProtoKinetix, Inc. (PK:PKTX)

Business Focus: Biotechnology & Medical Research

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 109 W. MAIN ST.
DALTON OH 44618
Tel: N/A
Website: https://www.protokinetix.com
IR: See website
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Key People
Clarence E. Smith
Chairman of the Board, President, Chief Executive Officer
Michael Richard Guzzetta
Chief Financial Officer
 
Business Overview
ProtoKinetix, Incorporated is a research and development stage biotechnology company. The Company is focused on scientific medical research of Anti-Freeze Glycoproteins (AFGPs) or anti-aging glycoproteins. The Company's anti-aging glycopeptide is for ophthalmology, dermatology, transplant support and biomanufacturing. The commercial applications for AAGPs include various health care solutions. In a clinical setting, AAGP is showing its ability to protect cells from inflammation, repair and replace damaged cells and improve cell survivability over time. The Company has not developed a commercially viable product and has not generated any revenue.
Financial Overview
For the fiscal year ended 31 December 2023, ProtoKinetix, Inc. revenues was not reported. Net loss decreased 78% to $415K. Lower net loss reflects Share-based compensation decrease from $1.1M (expense) to $0K, Research and development decrease of 75% to $112K (expense), General and administrative decrease of 39% to $100K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $6.57M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$0.37M as of Dec 31, 2023
Net annual income (TTM): -$0.42M as of Dec 31, 2023
Free cash flow (TTM): -$0.44M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 346,713,485 as of Mar 20, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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