The Inventing Press

PDS Biotechnology Corp

Financial highlights

MetricFY 12/31/25FY 09/30/25FY 06/30/25FY 03/31/25FY 12/31/24
Income Statement
Research and development$19.0M$22.6M
Operating expenses$31.5M$36.3M
Operating income-$31.5M-$36.3M
Interest expense$5.3M$4.7M
Pretax income-$35.7M-$38.5M
Income tax expense-$1.2M-$869,169
Net income-$34.5M-$37.6M
Balance Sheet
Cash and equivalents$26.7M$41.7M
Current assets$28.3M$45.1M
Total assets$30.5M$45.4M
Current liabilities$9.5M$17.1M
Total liabilities$21.2M$26.4M
Stockholders' equity$9.3M$9.5M$16.0M$22.4M$19.0M
Cash Flow Statement
Cash from operations-$27.8M-$35.0M
Depreciation and amortization$21,836$21,112
Stock-based compensation$4.1M$6.8M
Capital expenditure$0$29,000
Free cash flow-$27.8M-$35.1M

Shares outstanding 55.8M · Free float 85.0%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.