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Vaxart, Inc., a clinical-stage biotechnology company, discovers and develops oral recombinant protein vaccines based on its proprietary oral vaccine platform. The company's product pipeline includes norovirus vaccine, a bivalent oral tablet vaccine in Phase 2 clinical trial for the GI.1 and GII.4 norovirus strains; coronavirus vaccine, which is in Phase 2 clinical trial, for the treatment of SARS-CoV-2 infection; seasonal influenza vaccine, which is in Phase 2 clinical trial, to treat H1 influenza infection; and human papillomavirus therapeutic vaccine, which is in preclinical stage, that targets HPV-16 and HPV-18 for cervical cancers and precancerous cervical lesions. It has a license agreement with Altesa Biosciences, Inc. to develop and commercialize Vapendavir, a capsid-binding broad-spectrum antiviral. Vaxart, Inc. is headquartered in South San Francisco, California.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -107.69M | -70.36M | -31.98M | -8.31M | -17.90M |
| Net income | -107.76M | -70.47M | -32.22M | -8.80M | -18.01M |
| Selling general administrative | 29.39M | 21.89M | 15.20M | 6.19M | 6.68M |
| Gross profit | 0.11M | 0.89M | 4.05M | 9.86M | 4.16M |
| Reconciled depreciation | 5.80M | 4.21M | 2.71M | 3.60M | 3.20M |
| Ebit | -114.59M | -72.75M | -30.17M | -19.38M | -27.80M |
| Ebitda | -106.08M | -66.74M | -31.87M | -15.79M | -24.60M |
| Depreciation and amortization | 8.51M | 6.01M | -1.70M | 3.60M | 3.20M |
| Non operating income net other | -0.01M | -0.00M | -0.01M | -2.20M | 4.68M |
| Operating income | -114.59M | -72.75M | -30.17M | -15.79M | -21.76M |
| Other operating expenses | 110.44M | 70.64M | 35.06M | 20.73M | 23.96M |
| Interest expense | 1.30M | 1.48M | 1.87M | 2.39M | 2.68M |
| Tax provision | 0.07M | 0.11M | 0.24M | 0.49M | 0.11M |
| Interest income | 1.25M | 0.08M | 0.07M | 0.15M | 0.06M |
| Net interest income | -0.06M | -1.40M | -1.80M | -2.24M | -2.62M |
| Non recurring | 4.25M | 3.00M | - | 4.92M | - |
| Income tax expense | 0.07M | 0.11M | 0.24M | 0.49M | 0.11M |
| Total revenue | 0.11M | 0.89M | 4.05M | 9.86M | 4.16M |
| Total operating expenses | 110.44M | 70.64M | 35.06M | 20.73M | 23.96M |
| Cost of revenue | - | - | - | 14.54M | 25.91M |
| Total other income expense net | 6.90M | 2.39M | -1.81M | 7.47M | 1.90M |
| Net income from continuing ops | -107.76M | -70.47M | -32.22M | -18.64M | -18.01M |
| Net income applicable to common shares | -107.76M | -70.47M | -32.22M | -18.64M | -18.35M |
| Preferred stock and other adjustments | - | - | - | - | 0.34M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 91.83M | 153.85M | 221.17M | 152.58M | 37.03M |
| Intangible assets | 4.29M | 5.02M | 10.62M | 15.36M | 17.09M |
| Other current assets | 2.81M | 3.71M | 2.61M | 1.33M | 0.45M |
| Total liab | 34.02M | 43.25M | 33.64M | 29.18M | 24.08M |
| Total stockholder equity | 57.80M | 110.60M | 187.53M | 123.40M | 12.95M |
| Other current liab | 5.63M | 6.09M | 1.57M | 2.78M | 2.92M |
| Common stock | 0.01M | 0.01M | 0.01M | 0.01M | 4.83M |
| Capital stock | 0.01M | 0.01M | 0.01M | 0.01M | 4.83M |
| Retained earnings | -409.57M | -327.11M | -219.35M | -148.88M | -116.66M |
| Other liab | - | 5.85M | 10.86M | 14.93M | 13.43M |
| Good will | 4.51M | 4.51M | 4.51M | - | - |
| Other assets | - | 3.57M | 0.89M | 0.37M | 0.14M |
| Cash | 34.76M | 46.01M | 143.75M | 126.87M | 13.53M |
| Total current liabilities | 13.72M | 15.83M | 9.11M | 7.04M | 5.43M |
| Current deferred revenue | - | 2.00M | 2.65M | 0.08M | 0.83M |
| Net debt | -8.24M | -22.08M | -130.74M | -119.66M | -11.21M |
| Short term debt | 6.51M | 2.23M | 1.01M | 2.05M | 0.84M |
| Short long term debt total | 26.51M | 23.93M | 13.01M | 7.21M | 2.31M |
| Other stockholder equity | 467.37M | 437.99M | 406.94M | 272.27M | 124.79M |
| Property plant equipment | - | 15.59M | 6.60M | 1.48M | 0.21M |
| Total current assets | 45.54M | 95.74M | 147.31M | 128.90M | 17.74M |
| Long term investments | - | 0.00M | 16.21M | - | - |
| Net tangible assets | - | 110.60M | 187.53M | 123.40M | 12.95M |
| Short term investments | 4.96M | 49.70M | 38.95M | - | - |
| Net receivables | 3.01M | 0.02M | 0.07M | 0.33M | 3.62M |
| Inventory | 0.00M | -3.71M | 0.89M | 0.37M | 0.14M |
| Accounts payable | 1.58M | 5.51M | 3.87M | 2.13M | 0.85M |
| Accumulated other comprehensive income | -0.00M | -0.30M | -0.07M | - | -0.46M |
| Common stock total equity | - | 0.01M | 0.01M | 0.01M | 4.83M |
| Retained earnings total equity | - | -327.11M | -219.35M | -148.88M | -116.66M |
| Non currrent assets other | 0.93M | 7.28M | 0.89M | 0.37M | 0.14M |
| Non current assets total | 46.29M | 58.11M | 73.85M | 23.68M | 19.29M |
| Capital lease obligations | 20.09M | 21.70M | 13.01M | 7.21M | 2.31M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -10.81M | -39.11M | -1.22M | -0.85M | 1.42M |
| Change to liabilities | -4.97M | -0.58M | 0.63M | 2.25M | -10.18M |
| Total cashflows from investing activities | -20.41M | -49.10M | -1.22M | -0.85M | 26.21M |
| Net borrowings | - | - | - | 3.80M | -1.74M |
| Total cash from financing activities | 17.46M | 125.80M | 138.31M | 15.96M | -1.73M |
| Change to operating activities | -7.11M | -4.01M | -1.69M | 3.17M | -7.27M |
| Net income | -107.76M | -70.47M | -32.22M | -18.64M | -18.01M |
| Change in cash | -97.73M | 16.88M | 113.34M | 2.02M | 9.94M |
| Begin period cash flow | 143.75M | 126.87M | 13.53M | 11.51M | 1.57M |
| End period cash flow | 46.01M | 143.75M | 126.87M | 13.53M | 11.51M |
| Total cash from operating activities | -94.78M | -59.83M | -23.75M | -13.09M | -14.55M |
| Issuance of capital stock | 17.24M | 122.21M | 111.11M | 18.35M | - |
| Depreciation | 5.80M | 4.21M | 2.71M | 3.60M | 3.20M |
| Other cashflows from investing activities | - | -4.83M | 0.00M | - | 25.50M |
| Change to account receivables | 0.05M | 0.26M | 3.29M | -1.82M | 13.50M |
| Sale purchase of stock | 17.46M | 3.59M | 137.66M | 2.54M | 0.01M |
| Other cashflows from financing activities | 0.23M | 3.59M | 27.20M | 1.41M | 0.01M |
| Change to netincome | 17.84M | 11.87M | 4.36M | 0.81M | -4.16M |
| Capital expenditures | 9.60M | 5.16M | 1.22M | 0.85M | 0.71M |
| Change receivables | 0.05M | 0.26M | 3.29M | -1.82M | 13.50M |
| Cash flows other operating | -9.59M | -5.21M | -2.51M | 0.72M | 1.08M |
| Cash and cash equivalents changes | -97.73M | 16.88M | 113.34M | 2.02M | 9.94M |
| Change in working capital | -4.70M | -2.12M | 2.81M | 1.28M | 2.45M |
| Stock based compensation | 13.59M | 8.87M | 4.36M | 0.63M | 0.54M |
| Other non cash items | -1.72M | -3.41M | -1.40M | -1.32M | -4.45M |
| Free cash flow | -104.38M | -64.99M | -24.97M | -13.94M | -15.26M |
Sector: Healthcare Industry: Biotechnology
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| VXRT Vaxart Inc |
-0.01 1.22% |
0.41 | - | 45.87 | 21.44 | 2.75 | 18.89 | -1.93 |
| NVO Novo Nordisk A/S |
0.08 0.20% |
39.13 | 41.58 | 31.15 | 2.13 | 32.99 | 2.11 | 4.70 |
| VRTX Vertex Pharmaceuticals Inc |
-6.44 1.23% |
517.49 | 30.22 | 24.27 | 10.36 | 6.50 | 9.99 | 24.66 |
| REGN Regeneron Pharmaceuticals Inc |
2.65 0.33% |
807.67 | 29.07 | 20.12 | 7.57 | 3.82 | 6.95 | 19.42 |
| ARGNF argenx SE |
- -% |
790.15 | 45.77 | 31.25 | 13.84 | 7.12 | 11.38 | 36.06 |
Vaxart, Inc., a clinical-stage biotechnology company, discovers and develops oral recombinant protein vaccines based on its proprietary oral vaccine platform. The company's product pipeline includes norovirus vaccine, a bivalent oral tablet vaccine in Phase 2 clinical trial for the GI.1 and GII.4 norovirus strains; coronavirus vaccine, which is in Phase 2 clinical trial, for the treatment of SARS-CoV-2 infection; seasonal influenza vaccine, which is in Phase 2 clinical trial, to treat H1 influenza infection; and human papillomavirus therapeutic vaccine, which is in preclinical stage, that targets HPV-16 and HPV-18 for cervical cancers and precancerous cervical lesions. It has a license agreement with Altesa Biosciences, Inc. to develop and commercialize Vapendavir, a capsid-binding broad-spectrum antiviral. Vaxart, Inc. is headquartered in South San Francisco, California.
| Name | Title | Year Born |
|---|---|---|
| Mr. Cezar Andrei Floroiu M.B.A. | CEO, Pres & Director | 1973 |
| Dr. Sean N. Tucker | Sr. VP & Chief Scientific Officer | 1968 |
| Dr. James F. Cummings M.D. | Chief Medical Officer | 1966 |
| Mr. Fuad Ahmad | Interim CFO and Principal Financial & Accounting Officer | 1970 |
| Dr. Raymond D. Stapleton Jr., Ph.D. | Chief Technology Officer | 1971 |
| Mr. Edward B. Berg | Sr. VP & Gen. Counsel | 1964 |
| Ms. Shaily Jaini Garg | Sr. VP of Clinical Devel. & Project Management | NA |
| Mr. Brant Biehn | Sr. VP of Bus. Operations | NA |
| Dr. Rajesh Kapoor Ph.D. | Sr. VP of Quality | NA |
| Mr. John M. Harland M.B.A., CPA | Consultant | 1952 |
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