CEL SCI CORP
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Research and development | $15.9M | $18.2M | $22.5M | $25.4M | $23.1M |
| Operating expenses | $24.8M | $26.4M | $31.5M | $36.1M | $36.2M |
| Operating income | -$24.8M | -$26.4M | -$31.5M | -$36.1M | -$36.2M |
| Interest expense | $649,000 | $746,000 | $675,416 | $1.1M | — |
| Net income | -$25.4M | -$26.9M | -$32.4M | -$36.7M | -$36.4M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | $22.7M | $36.1M |
| Current assets | $11.6M | $6.1M | $6.9M | $25.4M | $45.3M |
| Total assets | $28.2M | $27.0M | $30.5M | $50.5M | $75.9M |
| Current liabilities | $5.1M | $4.6M | $5.6M | $4.7M | $3.9M |
| Total liabilities | $12.2M | $14.1M | $17.3M | $18.4M | $19.3M |
| Stockholders' equity | $16.0M | $12.9M | $13.2M | $32.2M | $56.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$17.1M | -$18.8M | -$22.8M | -$18.2M | -$18.8M |
| Depreciation and amortization | $2.1M | $2.1M | $2.1M | $2.0M | $447,000 |
| Stock-based compensation | $1.9M | $4.3M | $6.3M | $11.4M | $13.7M |
| Capital expenditure | $38,109 | $94,875 | $361,892 | $637,892 | $9.0M |
| Free cash flow | -$17.2M | -$18.9M | -$23.2M | -$18.9M | -$27.8M |
| Impairments | — | — | $0 | $30,793 | — |
Shares outstanding 8.5M · Free float 92.1%
Annual filing data through FY ended September 30, 2025; float as of July 8, 2026.