Last update at 2025-07-15T16:51:00Z
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We're Not Worried About Belite Bio's (NASDAQ:BLTE) Cash Burn
Fri 16 May 25, 11:07 AMBelite Bio, Inc to Present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference May 15th
Mon 12 May 25, 12:35 PMBelite Bio Announces Availability of Annual Report on Form 20-F Through Company Website
Mon 17 Mar 25, 10:00 AMBelite Bio Announces Registered Direct Offering of $15 Million
Thu 06 Feb 25, 03:35 AMDeutsche Bank ADR Virtual Investor Conference: Presentations Now Available for Online Viewing
Thu 26 Sep 24, 12:51 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|
Type | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Income before tax | -12.64800M | -9.66600M | -5.75200M |
Minority interest | - | - | - |
Net income | -12.47500M | -9.79200M | -5.75300M |
Selling general administrative | 3.95M | 2.38M | 2.06M |
Selling and marketing expenses | - | - | - |
Gross profit | - | - | - |
Reconciled depreciation | 0.20M | 0.03M | 0.02M |
Ebit | -12.82100M | -9.79700M | -5.74300M |
Ebitda | -12.43400M | -9.63600M | -5.71400M |
Depreciation and amortization | 0.39M | 0.16M | 0.03M |
Non operating income net other | - | - | - |
Operating income | -12.82100M | -9.79700M | -5.74300M |
Other operating expenses | 12.82M | 9.80M | 5.74M |
Interest expense | 0.02M | 0.00500M | 0.02M |
Tax provision | 0.00000M | 0.00000M | 0.00100M |
Interest income | 0.02M | 0.00500M | 0.01M |
Net interest income | 0.00700M | 0.00500M | -0.00900M |
Extraordinary items | - | - | - |
Non recurring | - | - | - |
Other items | - | - | - |
Income tax expense | -0.17300M | 0.13M | 0.00100M |
Total revenue | 0.00000M | 0.00000M | 0.00000M |
Total operating expenses | 12.82M | 9.80M | 5.74M |
Cost of revenue | - | - | - |
Total other income expense net | 0.17M | 0.13M | -0.00900M |
Discontinued operations | - | - | - |
Net income from continuing ops | -12.64800M | -9.66600M | -5.75300M |
Net income applicable to common shares | - | -9.66600M | -5.75300M |
Preferred stock and other adjustments | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|
Type | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Total assets | 94.64M | 44.27M | 18.35M | 25.74M |
Intangible assets | 3.23M | - | - | - |
Earning assets | - | - | - | - |
Other current assets | 0.92M | 0.72M | 0.06M | 0.01000M |
Total liab | 4.21M | 2.77M | 33.44M | 32.78M |
Total stockholder equity | 90.43M | 41.50M | -15.09300M | -7.03700M |
Deferred long term liab | - | - | 0.81M | - |
Other current liab | 3.33M | 1.91M | 1.64M | 0.97M |
Common stock | 0.00300M | 0.00300M | 0.00100M | 0.00100M |
Capital stock | 0.00300M | 0.00300M | 0.00100M | 0.00100M |
Retained earnings | -71.50300M | -39.87100M | -27.22300M | -17.55700M |
Other liab | - | - | - | - |
Good will | - | - | - | - |
Other assets | 0.00000M | - | 0.82M | 0.03M |
Cash | 88.16M | 42.09M | 17.34M | 25.62M |
Cash and equivalents | - | - | - | - |
Total current liabilities | 3.63M | 2.10M | 1.64M | 0.97M |
Current deferred revenue | - | - | - | - |
Net debt | -87.27100M | -41.22300M | -17.34400M | -25.61800M |
Short term debt | 0.31M | 0.20M | - | - |
Short long term debt | - | - | - | - |
Short long term debt total | 0.89M | 0.87M | - | - |
Other stockholder equity | 162.31M | 81.76M | 12.32M | 10.56M |
Property plant equipment | - | - | 0.09M | 0.05M |
Total current assets | 89.94M | 42.81M | 17.43M | 25.67M |
Long term investments | - | - | - | - |
Net tangible assets | - | - | -15.09300M | -7.03700M |
Short term investments | - | - | - | - |
Net receivables | 0.87M | 0.02M | 0.02M | 0.04M |
Long term debt | - | - | - | - |
Inventory | - | -0.01900M | - | - |
Accounts payable | - | - | - | - |
Total permanent equity | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - |
Accumulated other comprehensive income | -0.37400M | -0.39200M | -0.19600M | -0.04400M |
Additional paid in capital | - | - | - | - |
Common stock total equity | - | - | - | - |
Preferred stock total equity | - | - | - | - |
Retained earnings total equity | - | - | - | - |
Treasury stock | - | - | - | - |
Accumulated amortization | - | - | - | - |
Non currrent assets other | 0.17M | 0.09M | 0.82M | 0.00700M |
Deferred long term asset charges | - | - | - | - |
Non current assets total | 4.70M | 1.47M | 0.92M | 0.07M |
Capital lease obligations | 0.89M | 0.87M | - | - |
Long term debt total | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|
Type | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Investments | -0.39400M | -0.05600M | -0.02000M |
Change to liabilities | - | 0.04M | -0.01900M |
Total cashflows from investing activities | - | -0.05600M | -0.02000M |
Net borrowings | - | - | -2.31900M |
Total cash from financing activities | 36.96M | -0.58300M | 28.06M |
Change to operating activities | - | 0.59M | -0.05400M |
Net income | -12.64800M | -9.66600M | -5.75300M |
Change in cash | 24.75M | -8.27400M | 23.60M |
Begin period cash flow | 17.34M | 25.62M | 2.02M |
End period cash flow | 42.09M | 17.34M | 25.62M |
Total cash from operating activities | -11.45800M | -7.47400M | -4.44200M |
Issuance of capital stock | 0.00000M | 0.00000M | 30.29M |
Depreciation | 0.20M | 0.03M | 0.02M |
Other cashflows from investing activities | - | - | - |
Dividends paid | - | - | - |
Change to inventory | - | - | - |
Change to account receivables | - | - | 0.00400M |
Sale purchase of stock | - | - | - |
Other cashflows from financing activities | 36.96M | -0.58300M | 30.01M |
Change to netincome | - | 1.52M | 1.36M |
Capital expenditures | 0.39M | 0.07M | 0.02M |
Change receivables | - | - | - |
Cash flows other operating | - | - | - |
Exchange rate changes | - | - | - |
Cash and cash equivalents changes | - | - | - |
Change in working capital | -0.49100M | 0.64M | -0.06900M |
Stock based compensation | 1.48M | 1.53M | 1.36M |
Other non cash items | - | -0.00800M | - |
Free cash flow | -11.85200M | -7.54800M | -4.46200M |
Sector: Healthcare Industry: Biotechnology
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to EBITDA (x) | |
---|---|---|---|---|---|---|---|---|
BLTE Belite Bio Inc ADR |
0.80 1.26% | 64.38 | - | - | - | 20.47 | -35.6078 | |
NVO Novo Nordisk A/S |
-1.45 2.10% | 67.49 | 41.58 | 31.15 | 2.13 | 32.99 | 2.11 | 4.70 |
NONOF Novo Nordisk A/S |
- -% | 67.01 | 41.06 | 31.25 | 2.08 | 33.11 | 2.11 | 4.70 |
VRTX Vertex Pharmaceuticals Inc |
-7.85 1.66% | 464.50 | 29.67 | 24.33 | 10.38 | 5.83 | 9.33 | 20.00 |
REGN Regeneron Pharmaceuticals Inc |
-18.155 3.18% | 552.43 | 29.07 | 20.12 | 7.57 | 3.82 | 6.95 | 19.42 |
Belite Bio, Inc, a clinical stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting retinal degenerative eye diseases with unmet medical needs in the United States. The company's lead product candidate is LBS-008 (Tinlarebant), an orally administered once-a-day tablet for maintaining the health and integrity of retinal tissues in autosomal recessive Stargardt disease and geographic atrophy patients. It is also developing LBS-009, an anti-retinol binding protein 4 oral therapy that is in the preclinical development phase targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc is a subsidiary of Lin Bioscience International Ltd.
12750 High Bluff Drive, San Diego, CA, United States, 92130
Name | Title | Year Born |
---|---|---|
Dr. Yu-Hsin Lin M.B.A., Ph.D. | Chairman of Directors & CEO | 1978 |
Mr. Hao-Yuan Chuang C.F.A., F.R.M., M.B.A. | CFO & Director | 1984 |
Dr. Nathan L. Mata Ph.D. | Chief Scientific Officer | 1966 |
Ms. Ching-Chen Chiu M.Sc. | VP of Clinical Operations | 1970 |
Dr. Yu-Hsin Lin M.B.A., Ph.D. | Chairman of the Board of Directors & CEO | 1979 |
Mr. Hao-Yuan Chuang C.F.A., F.R.M., M.B.A. | CFO & Director | 1985 |
Dr. Nathan L. Mata Ph.D. | Chief Scientific Officer | 1967 |
Dr. Hendrik P.N. Scholl M.A., M.D., Ph.D. | Chief Medical Officer & Member of Ophthalmology Clinical Advisory Board | NA |
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