VTGN
Company Description
VistaGen Therapeutics, Inc. is a clinical-stage biopharmaceutical entity dedicated to advancing and commercializing innovative medications for anxiety, depression, and various other disorders impacting the central nervous system (CNS). A key component of its CNS pipeline is PH94B, a fast-acting neuroactive nasal spray currently in Phase III trials for the rapid treatment of anxiety in adults experiencing social anxiety disorder. PH94B also shows potential for addressing a broader spectrum of anxiety conditions, including adjustment disorder with anxiety, postpartum anxiety, post-traumatic stress disorder (PTSD), pre-procedural anxiety, and panic disorders. The company's CNS development initiatives further encompass PH10, another quick-acting neuroactive nasal spray, which is in preparation for Phase 2B clinical assessment as a standalone therapy for major depressive disorder (MDD). Additionally, VistaGen is developing AV-101, an oral N-methyl-D-aspartate receptor antagonist, which is being investigated in conjunction with oral probenecid for its potential application in treating levodopa-induced dyskinesia, MDD, neuropathic pain, and suicidal ideation. VistaGen has established various collaborations, including a contract research and development agreement with Cato Research Ltd., a licensing agreement with Pherin Pharmaceuticals, Inc., and a license and collaboration agreement with EverInsight Therapeutics Inc. Founded in 1998, VistaGen Therapeutics, Inc. is headquartered in South San Francisco, California.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 486,000 | 1.06M | (227,000) | 1.11M | 1.09M | 0 | 0 | 0 | 1.25M | 0 | 0 | 0 |
| Net Income | (51.42M) | (29.36M) | (59.25M) | (47.76M) | (17.93M) | (20.77M) | (24.59M) | (14.35M) | (10.26M) | (47.22M) | (13.89M) | (2.97M) |
| EPS | -1.67 | -1.52 | -8.51 | -7.38 | -14.74 | -14.21 | -25.83 | -30.98 | -40.85 | -801.28 | -318.27 | -74.47 |
| Free Cash Flow | (42.29M) | (25.87M) | (49.93M) | (45.46M) | (12.35M) | (15.76M) | (14.70M) | (9.06M) | (7.50M) | (4.83M) | (2.77M) | (2.14M) |
| FCF / Share | -1.38 | -1.34 | -7.17 | -6.89 | -4.30 | -10.78 | -15.44 | -19.57 | -29.88 | -82.04 | -63.46 | -53.59 |
| Operating CF | (42.10M) | (25.81M) | (49.72M) | (45.26M) | (12.07M) | (15.76M) | (14.53M) | (9.06M) | (7.26M) | (4.81M) | (2.77M) | (2.13M) |
| Total Assets | 84.34M | 123.65M | 21.09M | 74.64M | 108.28M | 5.77M | 14.01M | 11.28M | 3.71M | 989,800 | 269,700 | 263,700 |
| Total Debt | 1.51M | 2.12M | 2.71M | 3.04M | 3.72M | 4.09M | 66,600 | 65,800 | 69,100 | 71,900 | 14.26M | 6.92M |
| Cash & Equiv | 67.13M | 119.17M | 16.64M | 68.14M | 103.11M | 1.36M | 13.10M | 10.38M | 2.92M | 428,500 | 70,000 | (6,000) |
| Book Value | 70.39M | 114.29M | 12.08M | 64.72M | 91.98M | (5.73M) | 7.08M | 6.92M | 615,800 | (2.98M) | (20.54M) | (12.80M) |
| Return on Equity | -0.73 | -0.26 | -4.90 | -0.74 | -0.19 | N/A | -3.48 | -2.07 | -16.65 | N/A | N/A | N/A |
| Metric | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 303,000 | 258,000 | 244,000 | (15,000) | 234,000 | 183,000 | 84,000 | 197,300 | 411,400 | 278,000 | 177,000 | 175,600 |
| Net Income | (18.90M) | (19.42M) | (15.10M) | (13.63M) | (14.09M) | (12.96M) | (10.73M) | (9.52M) | (6.35M) | (6.59M) | (6.90M) | (12.23M) |
| EPS | -0.45 | -0.54 | -0.47 | -0.44 | -0.46 | -0.42 | -0.35 | -0.35 | -0.43 | -0.66 | -0.94 | -1.71 |
| Free Cash Flow | (17.57M) | (13.82M) | (18.85M) | (10.15M) | (10.28M) | (10.84M) | (10.91M) | (7.23M) | (4.78M) | (6.19M) | (7.89M) | (7.47M) |
| FCF / Share | -0.42 | -0.39 | -0.59 | -0.33 | -0.33 | -0.35 | -0.36 | -0.27 | -0.33 | -0.62 | -1.07 | -1.04 |
| Operating CF | (17.63M) | (13.76M) | (18.85M) | (10.06M) | (10.28M) | (10.89M) | (10.87M) | (7.20M) | (4.75M) | (6.19M) | (7.89M) | (7.47M) |
| Total Assets | 65.06M | 80.93M | 68.92M | 84.34M | 92.31M | 102.50M | 113.55M | 123.65M | 131.07M | 42.20M | 15.03M | 21.09M |
| Total Debt | 1.43M | 1.86M | 2.36M | 1.51M | 1.71M | 1.79M | 1.99M | 2.12M | 2.25M | 2.38M | 3.28M | 2.71M |
| Cash & Equiv | 47.37M | 62.79M | 48.98M | 67.13M | 74.72M | 84.25M | 102.92M | 119.17M | 126.56M | 37.61M | 9.62M | 16.64M |
| Book Value | 50.92M | 66.34M | 56.77M | 70.39M | 81.12M | 92.97M | 104.80M | 114.29M | 123.28M | 35.65M | 6.85M | 12.08M |
| Return on Equity | -0.37 | -0.29 | -0.27 | -0.19 | -0.17 | -0.14 | -0.10 | -0.08 | -0.05 | -0.18 | -1.01 | -1.01 |