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Definitive Analysis

Financial Statements

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Page: Company Financials

Contineum Therapeutics, Inc. Class A Common Stock

Ticker: CTNM | Industry: Biotechnology | Sector: Healthcare
$11.84 +0.11 (0.94%)
As of: 2026-01-15

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Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023
Stock Price 11.75 3.97 7.57 17.55 15.40
Market Capitalization 330.36M 102.81M 204.58M 451.89M 392.72M
(-) Cash & Equivalents 42.63M 20.78M 28.63M 39.08M -3.55M
(+) Total Debt 5.49M 5.75M 5.75M 50.17M 48.58M
Enterprise Value 293.22M 87.77M 181.70M 462.98M 444.84M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue 0M 0M 0M 50M 0M 0M
Cost of Revenue 0M 0M 0M 0M 0M 0M
Gross Profit 0M 0M 0M 50M 0M 0M
Gross Profit Margin 0.0% 0.0% 0.0% 100.0% 0.0% 0.0%
R&D Expenses 52M 33M 38M 28M 17M 22M
SG&A Expenses 16M 10M 12M 6M 5M 6M
Operating Expenses -34M 44M 51M 66M 22M 29M
Operating Income (EBIT) 34M -44M -51M -16M -23M -29M
Operating Income Margin 0.0% 0.0% 0.0% -32.2% 0.0% 0.0%
Interest Income 9M 8M 9M 5M 1M 0M
Interest Expense 0M 0M 0M 0M 0M 0M
Net Interest Income 9M 8M 9M 4M 0M 0M
Unusual Items -102M 0M 0M 35M -2M 0M
EBT Excluding Unusual Items 43M -35M -42M -12M -22M -29M
Pre-Tax Income -59M -36M -42M 23M -24M -29M
Pre-Tax Margin 0.0% 0.0% 0.0% 46.3% 0.0% 0.0%
Income Tax Expense 0M 0M 0M 0M 0M 0M
Net Income -59M -35M -42M 23M -24M -29M
Net Income Margin 0.0% 0.0% 0.0% 45.4% 0.0% 0.0%
Depreciation & Amortization 0M 0M 0M 0M 0M 0M
EBITDA 34M -43M -51M -16M -22M -28M
EBITDA Margin 0.0% 0.0% 0.0% -31.8% 0.0% 0.0%
NOPAT 27M -34M -40M -16M -18M -23M
NOPAT Margin 0.0% 0.0% 0.0% -31.5% 0.0% 0.0%
Owner's Earnings -59M -36M -43M 23M -24M -29M
Owner's Earnings Margin 0.0% 0.0% 0.0% 45.0% 0.0% 0.0%
EPS (Basic) -2.34 -1.39 -2.18 0.90 -0.97 -1.15
EPS (Diluted) -2.25 -1.39 -2.18 0.90 -0.97 -1.15
Shares (Basic) 26M 26M 19M 25M 25M 25M
Shares (Diluted) 26M 26M 19M 25M 25M 25M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash & Cash Equivalents 42.63M 20.78M 21.94M 15.53M 5.57M 4.63M
Short-Term Investments 139.77M 154.70M 182.82M 109.66M 41.67M 64.37M
Cash & Short-Term Investments 182.41M 175.48M 204.76M 125.19M 47.24M 69.00M
Net Receivables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 2.52M 1.36M 1.63M 2.52M 1.15M 0.78M
Total Current Assets 184.93M 176.84M 206.39M 127.71M 48.39M 69.78M
Property, Plant & Equipment 5.65M 5.86M 6.46M 1.40M 2.12M 0.64M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.27M 0.19M 0.00M 1.28M 0.13M 0.10M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 5.92M 6.05M 6.46M 2.68M 2.24M 0.74M
Total Assets 190.85M 182.89M 212.85M 130.39M 50.64M 70.52M
Accounts Payable 0.79M 2.00M 1.81M 0.64M 0.43M 0.66M
Short-Term Debt 1.48M 1.47M 1.45M 0.46M 5.06M 1.25M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 4.10M 3.75M 6.71M 4.39M 2.06M 1.76M
Total Current Liabilities 6.36M 7.21M 9.97M 5.48M 7.55M 3.67M
Long-Term Debt 4.02M 4.28M 4.81M 192.73M 0.79M 3.66M
Capital Lease Obligations 0.00M 5.75M 6.26M 0.57M 1.90M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 0.00M 0.00M 0.00M 0.11M 3.03M 1.60M
Total Non-Current Liabilities 4.02M 10.03M 11.07M 193.41M 5.72M 5.26M
Total Liabilities 10.38M 17.25M 21.04M 198.89M 13.27M 8.93M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 132.48M 132.48M
Common Stock 0.03M 0.03M 0.03M 0.00M 0.01M 0.01M
Retained Earnings -162.22M -149.43M -117.40M -75.14M -97.86M -73.61M
Accumulated OCI 0.27M 0.15M 0.07M 0.11M -0.08M -0.04M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity -161.93M -149.26M -117.31M -75.03M 34.55M 58.85M
Total Equity -161.93M -149.26M -117.31M -75.03M 34.55M 58.85M
Total Liabilities & Equity -151.55M -132.01M -96.27M 123.86M 47.82M 67.78M
Tangible Assets 190.85M 182.89M 212.85M 130.39M 50.64M 70.52M
Tangible Equity -161.93M -149.26M -117.31M -75.03M 34.55M 58.85M
Tangible Book Value -161.93M -149.26M -117.31M -75.03M 34.55M 58.85M
Total Investments 139.77M 154.70M 182.82M 109.66M 41.67M 64.37M
Net Debt -37.14M -15.03M -15.68M 177.67M 0.28M 0.28M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Working Capital 178.6M 169.6M 196.4M 122.2M 40.8M 66.1M
Total Capital 186.0M 177.1M 204.3M 125.3M 45.1M 66.5M
Capital Employed 184.5M 175.7M 202.9M 124.9M 43.1M 66.8M
Invested Capital 143.3M 156.4M 182.4M 109.7M 39.6M 61.9M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Net Income -59.39M -35.46M -42.26M 22.72M -24.25M -29.00M
Depreciation & Amortization 0.31M 0.22M 0.26M 0.20M 0.33M 0.33M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 7.56M 0.76M 6.80M 2.22M 1.93M 1.75M
Change in Working Capital -2.36M -0.41M 5.33M -1.02M -1.27M 0.11M
Accounts Receivable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable -0.65M 0.14M 1.14M 0.00M -0.23M -0.11M
Other Working Capital -1.71M -0.54M 4.19M -1.02M -1.04M 0.22M
Other Non-Cash Items 1.40M 1.54M -2.98M -4.76M 3.14M 0.55M
Net Cash from Operating Activities -52.47M -33.35M -32.85M 19.35M -20.12M -26.27M
Capital Expenditures (PPE) -0.36M -0.66M -0.51M -0.41M -0.12M -0.17M
Acquisitions (Net) 0.00M 0.02M 0.02M 0.00M 0.00M 0.00M
Purchases of Investments -132.12M -194.05M -226.41M -141.87M -64.70M -66.78M
Sales / Maturities of Investments 166.83M 143.37M 157.16M 76.71M 87.12M 1.98M
Other Investing Activities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Cash from Investing Activities 34.35M -51.32M -69.74M -65.57M 22.30M -64.97M
Net Debt Issuance 0.00M 0.00M 0.00M -3.75M -1.25M 0.00M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M -1.25M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M -3.75M 0.00M 0.00M
Net Stock Issuance 19.92M 108.36M 108.21M 60.11M 0.00M 79.73M
Common Stock Issuance 19.92M 108.36M 108.21M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M -0.03M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 60.14M 0.00M 79.73M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -0.06M -0.32M 0.79M -0.18M 0.02M 0.11M
Net Cash from Financing Activities 19.86M 108.04M 109.00M 56.18M -1.24M 79.84M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 1.74M 23.37M 6.42M 9.96M 0.94M -11.40M
Cash at Beginning of Period 106.09M 126.54M 15.53M 5.57M 4.63M 16.03M
Cash at End of Period 107.83M 149.91M 21.94M 15.53M 5.57M 4.63M
Operating Cash Flow -52.47M -33.35M -32.85M 19.35M -20.12M -26.27M
Capital Expenditure -0.36M -0.66M -0.51M -0.41M -0.12M -0.17M
Free Cash Flow -52.83M -34.00M -33.36M 18.94M -20.24M -26.43M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
EBITDA -67.68M -43.30M -50.64M 16.27M -22.39M -28.32M
(-) Tax Adjustment 0.00M -0.20M 0.00M 0.32M 0.00M 0.00M
(-) Change In Working Capital -2.36M -0.41M 5.33M -1.02M -1.27M 0.11M
(-) Capital Expenditure -0.36M -0.66M -0.51M -0.41M -0.12M -0.17M
Unlevered Free Cash Flow -65.68M -43.36M -56.48M 16.57M -21.24M -28.60M
(-) Net Interest Income After Taxes 8.76M 8.13M 8.91M 4.31M 0.37M -0.26M
Net Debt Issuance 0.00M 0.00M 0.00M -3.75M -1.25M 0.00M
Levered Free Cash Flow -74.44M -51.49M -65.39M 8.50M -22.87M -28.34M