CDT Equity Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 10/09/24 | FY 12/31/23 | FY 06/30/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Research and development | $5.1M | $3.4M | — | $90,000 | — |
| Operating expenses | $36.8M | $15.4M | — | $5.3M | — |
| Operating income | -$36.8M | -$15.4M | — | -$5.3M | — |
| Interest expense | $200,000 | $32,000 | — | — | — |
| Pretax income | -$39.2M | -$17.8M | — | -$536,000 | — |
| Net income | -$39.2M | -$17.8M | — | -$535,000 | — |
| Balance Sheet | |||||
| Cash and equivalents | $1.5M | $554,000 | — | $4.2M | — |
| Current assets | $4.4M | $2.7M | — | $5.7M | $895,000 |
| Total assets | $5.7M | $4.2M | — | $7.2M | $900,000 |
| Current liabilities | $12.8M | $10.7M | — | $1.8M | — |
| Total liabilities | $12.8M | $11.0M | — | $7.7M | — |
| Total debt | — | — | $200,000 | — | — |
| Stockholders' equity | -$7.2M | -$6.8M | — | -$457,000 | -$14.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$15.6M | -$9.7M | — | -$7.7M | — |
| Depreciation and amortization | — | $10,000 | — | — | — |
| Stock-based compensation | $2.2M | $1.6M | — | $199,000 | — |
| Capital expenditure | — | $51,000 | — | — | — |
| Free cash flow | — | -$9.7M | — | — | — |
| Share repurchases | $106,000 | — | — | — | — |
Shares outstanding 1.6M · Free float 2.1%
Annual filing data through FY ended December 31, 2025; float as of July 4, 2026.