The Inventing Press

RenovoRx, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$1.1M$43,000
Cost of revenue$327,000$0
Gross profit$796,000$43,000
Selling, general & administrative$7.0M$5.0M$5.7M
Research and development$6.3M$6.0M$5.7M$4.3M$3.0M
Operating expenses$13.3M$11.0M$11.4M$9.9M$5.7M
Operating income-$12.5M-$11.0M-$11.4M-$9.9M-$5.7M
Pretax income-$11.2M-$8.8M
Income tax expense$2,000$1.7M
Net income-$11.2M-$8.8M-$10.2M-$9.9M-$6.3M
Balance Sheet
Cash and equivalents$7.0M$7.2M$1.2M$4.4M$15.2M
Current assets$7.9M$7.8M$1.5M$7.3M$16.3M
Total assets$8.1M$8.1M$1.5M$7.3M$16.3M
Current liabilities$2.0M$1.9M$1.2M$1.1M$938,000
Total liabilities$2.7M$3.6M$4.5M$1.1M$938,000
Stockholders' equity$5.4M$4.5M$3.0M$6.2M$15.3M
Cash Flow Statement
Cash from operations-$11.0M-$9.1M-$10.3M-$8.8M-$5.9M
Depreciation and amortization$2,000$0
Stock-based compensation$1.3M$1.2M$1.1M$644,000$147,000
Capital expenditure$2,000$12,000
Free cash flow-$11.0M-$9.1M

Shares outstanding 45.1M · Free float 86.3%

Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.