Kyntra BIO, Inc. income statement
In fiscal 2025, Kyntra BIO, Inc. reported revenue of $6.4m, down 78.3% on the year before, operating income of −$45.9m (a -712.7% margin) and net income of $183m, or $45.37 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 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 102 | 138 | 181 | 183 | 131 | 213 | 257 | 176 | 235 | 141 | 47 | 30 | 6 | 5 |
| Cost of revenue | — | — | — | — | — | — | 1 | 9 | 13 | 20 | 4 | 16 | 1 | 4 |
| Gross profit | — | — | — | — | — | — | 255 | 167 | 222 | 120 | 43 | 14 | 6 | 0 |
| Research and development | 86 | 151 | 214 | 187 | 197 | 236 | 209 | 253 | 387 | 297 | 266 | 96 | 24 | 23 |
| Selling, general and administrative | — | — | — | — | 52 | 64 | 135 | 106 | 124 | 125 | 86 | 49 | 28 | 28 |
| General and administrative | 24 | 37 | 44 | 46 | — | — | — | — | — | — | — | — | — | — |
| Operating income | −8 | −50 | −78 | −50 | −117 | −87 | −89 | −192 | −289 | −301 | −323 | −150 | −46 | −50 |
| Interest expense | 11 | 11 | 11 | 11 | 10 | 11 | 3 | 2 | 1 | 1 | 8 | 8 | 9 | 9 |
| Income before tax | −15 | −60 | −86 | −58 | −121 | −86 | −77 | −189 | −291 | −295 | −323 | −153 | −58 | −31 |
| Income tax | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | −0 | −0 | −0 |
| Net income | −15 | −60 | −86 | −58 | −121 | −86 | −77 | −189 | −290 | −294 | −284 | −48 | 183 | 183 |
| Diluted EPS | −$28.25 | −$79.25 | −$1.42 | −$0.93 | −$1.66 | −$1.03 | −$0.89 | −$2.11 | −$3.14 | −$3.14 | −$2.92 | −$11.89 | $45.37 | $45.27 |
| Diluted shares (average) | — | — | 2m | 3m | 3m | 3m | 3m | 4m | 4m | 4m | 4m | 4m | 4m | 4m |
| EBITDA | −3 | −46 | −72 | −44 | −111 | −80 | −78 | −180 | −278 | −291 | −313 | −148 | −45 | −50 |
| 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 | 0 | 3 | 3 | 1 | 1 | 1 | 4 | −1 |
| Cost of revenue | −0 | −6 | 0 | 0 | −0 | 0 | 4 | 0 |
| Gross profit | 0 | 9 | 2 | 1 | 1 | 1 | −0 | −1 |
| Research and development | 20 | 7 | 9 | 6 | 1 | 7 | 8 | 7 |
| Selling, general and administrative | 9 | 8 | 8 | 7 | 5 | 7 | 6 | 9 |
| Operating income | −48 | −7 | −15 | −12 | −5 | −14 | −14 | −18 |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | −48 | −9 | −17 | −14 | −13 | −15 | −15 | 12 |
| Income tax | 0 | 0 | 0 | −0 | 0 | 0 | 0 | −0 |
| Net income | −17 | 18 | 5 | −8 | 201 | −14 | −15 | 12 |
| Diluted EPS | −$4.25 | $4.54 | $1.15 | −$1.88 | $49.61 | −$3.53 | −$3.76 | $2.96 |
| EBITDA | −47 | −7 | −15 | −12 | −5 | −14 | −14 | −18 |
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