Korsana Biosciences, Inc. income statement
In fiscal 2025, Korsana Biosciences, Inc. reported revenue of $2.1m, up 3.7% on the year before, operating income of −$5.0m (a -239.8% margin) and net income of −$3.5m, or −$1.11 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 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 2 | 4 | 0 | 0 | 2 | 2 | 2 |
| Research and development | 95 | 56 | 38 | 6 | 2 | 0 | 1 | 2 |
| General and administrative | 34 | 29 | 21 | 13 | 8 | 5 | 6 | 7 |
| Operating income | −125 | −81 | −55 | −19 | −13 | −4 | −5 | −7 |
| Income before tax | −122 | −122 | −52 | −44 | −5 | −3 | −4 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −123 | −78 | −52 | −44 | −5 | −3 | −4 | −7 |
| Diluted EPS | −$89.80 | −$2.56 | −$1.32 | −$20.28 | −$2.25 | −$1.21 | −$1.11 | −$1.72 |
| Diluted shares (average) | 1m | 2m | 2m | 2m | 2m | 3m | 3m | 4m |
| EBITDA | −122 | −79 | −55 | −18 | −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 | 194 | 1,806 | 81 | 93 | 875 | 1,025 | 0 | 0 |
| Research and development | 81 | 56 | 36 | 56 | 348 | 519 | 730 | 0 |
| General and administrative | 1,241 | 1,248 | 1,502 | 1,709 | 1,533 | 1,344 | 2,479 | 1,771 |
| Operating income | −1,128 | 502 | −1,457 | −1,672 | −1,006 | −838 | −3,209 | −1,771 |
| Net income | −723 | 530 | −1,429 | −324 | −976 | −799 | −3,177 | −1,755 |
| Diluted EPS | −$0.29 | $0.22 | −$0.56 | −$0.11 | −$0.30 | −$0.19 | −$0.76 | −$0.41 |
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