Ensysce Biosciences, Inc. income statement
In fiscal 2025, Ensysce Biosciences, Inc. reported revenue of $5.1m, down 2.8% on the year before, operating income of −$10.2m (a -202.1% margin) and net income of −$10.2m, or −$3.98 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 3 | 2 | 5 | 5 | 5 |
| Research and development | 4 | 5 | 20 | 8 | 7 | 10 | 12 |
| Selling, general and administrative | 1 | 19 | — | — | — | — | — |
| General and administrative | — | — | 7 | 5 | 5 | 5 | 5 |
| Operating income | −2 | −20 | −24 | −11 | −7 | −10 | −13 |
| Interest expense | 1 | 1 | 0 | 0 | 1 | 0 | 0 |
| Provision for credit losses | 0 | −0 | −0 | −0 | — | — | — |
| Income before tax | 5 | — | — | — | — | — | — |
| Income tax | 0 | — | — | — | — | — | — |
| Net income | 4 | −30 | −25 | −11 | −8 | −10 | −13 |
| Diluted EPS | $0.00 | −$1.48 | −$139.42 | −$70.40 | −$11.45 | −$3.98 | — |
| Diluted shares (average) | 17m | 20m | — | — | — | 3m | — |
| EBITDA | −2 | −20 | −24 | −11 | −7 | −10 | −13 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,419 | 1,304 | 1,320 | 1,371 | 493 | 1,882 | 961 | 1,164 |
| Research and development | 1,691 | 3,803 | 1,886 | 1,923 | 2,955 | 3,613 | 3,347 | 2,472 |
| General and administrative | 1,083 | 1,078 | 1,402 | 1,199 | 1,279 | 1,051 | 1,176 | 1,269 |
| Operating income | 645 | −3,576 | −1,968 | −1,751 | −3,741 | −2,782 | −3,562 | −2,576 |
| Interest expense | 4 | 11 | 4 | 3 | 6 | 5 | 4 | 0 |
| Net income | 662 | −3,564 | −1,946 | −1,733 | −3,729 | −2,768 | −3,556 | −2,571 |
| Diluted EPS | $0.50 | −$1.47 | −$0.69 | −$0.40 | −$0.65 | −$0.28 | −$0.26 | −$0.20 |
| EBITDA | 645 | −3,576 | −1,968 | −1,751 | −3,741 | −2,775 | −3,556 | −2,570 |
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