Talphera, Inc. income statement
In fiscal 2025, Talphera, Inc. reported revenue of $28,000, operating income of −$13.5m (a -48157.1% margin) and net income of −$14.3m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 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 | 1 | 2 | 30 | 5 | 19 | 17 | 8 | 2 | 2 | 5 | 3 | 0 | 1 | 0 | 0 | 0 |
| Cost of revenue | — | — | — | — | — | 12 | 11 | 4 | 7 | 6 | 4 | 3 | — | — | — | — |
| Gross profit | — | — | — | — | — | 5 | −3 | −2 | −5 | −1 | −1 | −3 | — | — | — | — |
| Research and development | 14 | 25 | 26 | 25 | 22 | 21 | 19 | 13 | 5 | 4 | 4 | 3 | 6 | 7 | 6 | 7 |
| Selling, general and administrative | — | — | — | — | — | — | 17 | 21 | 45 | 36 | 31 | 17 | 12 | 9 | 7 | 8 |
| General and administrative | 7 | 7 | 10 | 18 | 14 | 16 | — | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | −7 | −38 | −20 | −32 | −39 | −36 | −54 | −41 | −36 | −25 | −17 | −15 | −13 | −15 |
| Interest expense | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 2 | 1 | 0 | 0 | — | — |
| Income before tax | −19 | −30 | −7 | −38 | −24 | −43 | −52 | −47 | −53 | −40 | −35 | 59 | −10 | — | — | — |
| Income tax | 0 | 0 | 0 | 0 | 1 | −0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | −20 | −33 | −23 | −33 | −24 | −43 | −52 | −47 | −53 | −40 | −35 | 48 | −18 | −13 | −14 | −15 |
| Diluted EPS | −$11.60 | −$0.76 | −$0.29 | −$0.46 | −$0.30 | −$0.47 | −$11.00 | −$0.41 | −$0.34 | −$0.23 | −$2.93 | $2.86 | −$1.29 | — | — | — |
| Diluted shares (average) | 2m | 2m | 4m | 4m | 4m | 5m | 5m | 6m | 8m | 9m | 12m | 15m | 14m | 26m | 42m | — |
| EBITDA | — | — | −6 | −37 | −18 | −30 | −37 | −35 | −53 | −39 | −34 | −24 | −17 | −15 | — | — |
| 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 | 0 | 27 | 0 | 1 | 0 | 0 | 0 |
| Research and development | 2,053 | 1,323 | 1,169 | 1,500 | 1,803 | 1,561 | 1,650 | 1,690 |
| Selling, general and administrative | 1,696 | 1,673 | 1,774 | 2,193 | 1,620 | 1,892 | 2,298 | 2,234 |
| Operating income | −3,749 | −2,996 | −2,916 | −3,693 | −3,422 | −3,453 | −3,948 | −3,924 |
| Interest expense | 0 | 0 | — | — | — | — | — | — |
| Income before tax | −3,353 | — | — | — | — | — | — | — |
| Income tax | 0 | 0 | — | — | — | — | — | — |
| Net income | −3,353 | −1,870 | −2,593 | −3,489 | −4,436 | −3,772 | −2,556 | −4,312 |
| Diluted EPS | — | — | −$0.10 | — | — | — | — | — |
| EBITDA | −3,749 | −2,996 | — | — | — | — | — | — |
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