Acurx Pharmaceuticals Inc Financials

ACXP

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Acurx Pharmaceuticals Inc (ACXP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

2/9

Acurx Pharmaceuticals Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.74x

For every $1 of reported earnings, Acurx Pharmaceuticals Inc generates $0.74 in operating cash flow (-$10.4M OCF vs -$14.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$14.1M

YoY+3.3%

Acurx Pharmaceuticals Inc reported -$14.1M in net income in fiscal year 2024. This represents an increase of 3.3% from the prior year.

EPS (Diluted)

$-0.87

Acurx Pharmaceuticals Inc earned $-0.87 per diluted share (EPS) in fiscal year 2024. This represents an increase of 24.3% from the prior year.

Cash & Debt

$3.7M

YoY-50.4%

Acurx Pharmaceuticals Inc held $3.7M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

851,534

Acurx Pharmaceuticals Inc had 851,534 shares outstanding in fiscal year 2024. This represents a decrease of 94.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

$5.4M

YoY-10.6%

Acurx Pharmaceuticals Inc invested $5.4M in research and development in fiscal year 2024. This represents a decrease of 10.6% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

ACXP Income Statement

Metric	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$5.4M-10.6%	$6.0M+27.1%	$4.8M+134.2%	$2.0M-7.8%	$2.2M
SG&A Expenses	$8.7M+1.9%	$8.5M+16.3%	$7.3M+3423.6%	$208K-91.3%	$2.4M
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	$0	N/A	$0
Net Income	-$14.1M+3.3%	-$14.6M-20.5%	-$12.1M+5.1%	-$12.7M-177.1%	-$4.6M
EPS (Diluted)	$-0.87	$-1.15-2.7%	$-1.12+24.8%	$-1.49-101.4%	$-0.74

Metric	Q3'25	Q3'25	Q3'25	Q3'24	Q3'24	Q3'24	Q3'24	Q4'23
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$430K-18.0%	$524K-12.5%	$599K	N/A	$1.2M-34.4%	$1.8M+17.4%	$1.6M	N/A
SG&A Expenses	$1.6M-8.4%	$1.7M+12.6%	$1.6M	N/A	$1.6M-29.1%	$2.3M-18.6%	$2.8M	N/A
Operating Income	-$2.0M+10.6%	-$2.3M	N/A	N/A	-$2.8M+31.4%	-$4.1M	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$2.0M+11.3%	-$2.2M-4.5%	-$2.1M	N/A	-$2.8M+31.5%	-$4.1M+5.8%	-$4.4M	N/A
EPS (Diluted)	$-1.23+34.9%	$-1.89	$-0.11	N/A	$-3.45+33.8%	$-5.21-1760.7%	$-0.28	N/A

ACXP Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.9M-50.0%	$7.7M-17.8%	$9.4M-29.3%	$13.3M+311.1%	$3.2M
Current Assets	$3.9M-50.0%	$7.7M-17.8%	$9.4M-29.3%	$13.3M	N/A
Cash & Equivalents	$3.7M-50.4%	$7.5M-18.0%	$9.1M-29.7%	$13.0M+308.1%	$3.2M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.2M+6.6%	$3.0M+47.6%	$2.1M+144.3%	$844K+61.5%	$522K
Current Liabilities	$3.2M+6.6%	$3.0M+47.6%	$2.1M+144.3%	$844K+78.6%	$473K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$615K-86.8%	$4.7M-36.2%	$7.3M-41.1%	$12.4M+359.4%	$2.7M
Retained Earnings	-$67.3M-26.5%	-$53.2M-37.7%	-$38.6M-45.6%	-$26.5M-92.4%	-$13.8M

Metric	Q3'25	Q3'25	Q3'25	Q3'24	Q3'24	Q3'24	Q3'24	Q4'23
Total Assets	$6.1M-0.9%	$6.2M+28.1%	$4.8M+24.6%	$3.9M-35.5%	$6.0M-9.1%	$6.6M-27.8%	$9.1M+18.2%	$7.7M
Current Assets	N/A	$6.2M+28.1%	$4.8M+24.6%	$3.9M-35.5%	$6.0M	N/A	N/A	$7.7M
Cash & Equivalents	$5.9M-2.6%	$6.1M+30.6%	$4.6M+25.3%	$3.7M-35.7%	$5.8M-9.4%	$6.4M-28.7%	$8.9M+19.4%	$7.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.5M-4.8%	$2.6M+3.9%	$2.5M-23.1%	$3.2M-2.3%	$3.3M+5.3%	$3.2M+1.4%	$3.1M+2.2%	$3.0M
Current Liabilities	$2.5M-4.8%	$2.6M+3.9%	$2.5M-23.1%	$3.2M-2.3%	$3.3M+5.3%	$3.2M+1.4%	$3.1M+2.2%	$3.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$3.6M+2.0%	$3.6M+54.3%	$2.3M+275.8%	$615K-76.9%	$2.7M-22.3%	$3.4M-42.9%	$6.0M+28.5%	$4.7M
Retained Earnings	-$73.7M-2.8%	-$71.7M-3.2%	-$69.5M-3.2%	-$67.3M-4.3%	-$64.5M-4.6%	-$61.7M-7.2%	-$57.6M-8.2%	-$53.2M

ACXP Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$10.4M-5.9%	-$9.8M-29.9%	-$7.5M-50.4%	-$5.0M-49.6%	-$3.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$6.6M-19.0%	$8.2M+120.9%	$3.7M-75.0%	$14.8M+265.9%	$4.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'25	Q3'25	Q3'24	Q3'24	Q3'24	Q3'24	Q4'23
Operating Cash Flow	-$1.9M-12.6%	-$1.7M+18.6%	-$2.1M+8.8%	-$2.3M-2.8%	-$2.2M+24.0%	-$2.9M+6.0%	-$3.1M+27.0%	-$4.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$1.7M-44.2%	$3.1M+3.4%	$3.0M+1436.2%	$195K-87.8%	$1.6M+397.0%	$320K-92.9%	$4.5M-2.4%	$4.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ACXP Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	-365.6%-176.5pp	-189.1%-60.1pp	-129.0%-32.8pp	-96.2%+46.5pp	-142.7%
Current Ratio	1.19-1.3	2.53-2.0	4.55-11.2	15.71	N/A
Debt-to-Equity	5.27+4.6	0.65+0.4	0.28+0.2	0.07-0.1	0.19
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'25	Q3'25	Q3'24	Q3'24	Q3'24	Q3'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-32.6%+3.8pp	-36.5%+8.2pp	-44.7%	N/A	-47.2%+15.5pp	-62.6%-14.6pp	-48.1%	N/A
Current Ratio	N/A	2.38+0.4	1.93+0.7	1.19-0.6	1.80	N/A	N/A	2.53
Debt-to-Equity	0.68-0.0	0.73-0.4	1.08-4.2	5.27+4.0	1.25+0.3	0.92+0.4	0.52-0.1	0.65
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Acurx Pharmaceuticals Inc profitable?

No, Acurx Pharmaceuticals Inc (ACXP) reported a net income of -$14.1M in fiscal year 2024.

What is Acurx Pharmaceuticals Inc's earnings per share (EPS)?

Acurx Pharmaceuticals Inc (ACXP) reported diluted earnings per share of $-0.87 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Acurx Pharmaceuticals Inc's operating cash flow?

Acurx Pharmaceuticals Inc (ACXP) generated -$10.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Acurx Pharmaceuticals Inc's total assets?

Acurx Pharmaceuticals Inc (ACXP) had $3.9M in total assets as of fiscal year 2024, including both current and long-term assets.

How much does Acurx Pharmaceuticals Inc spend on research and development?

Acurx Pharmaceuticals Inc (ACXP) invested $5.4M in research and development during fiscal year 2024.

How many shares does Acurx Pharmaceuticals Inc have outstanding?

Acurx Pharmaceuticals Inc (ACXP) had 851,534 shares outstanding as of fiscal year 2024.

What is Acurx Pharmaceuticals Inc's current ratio?

Acurx Pharmaceuticals Inc (ACXP) had a current ratio of 1.19 as of fiscal year 2024, which is considered adequate.

What is Acurx Pharmaceuticals Inc's debt-to-equity ratio?

Acurx Pharmaceuticals Inc (ACXP) had a debt-to-equity ratio of 5.27 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Acurx Pharmaceuticals Inc's return on assets (ROA)?

Acurx Pharmaceuticals Inc (ACXP) had a return on assets of -365.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Acurx Pharmaceuticals Inc's cash runway?

Based on fiscal year 2024 data, Acurx Pharmaceuticals Inc (ACXP) had $3.7M in cash against an annual operating cash burn of $10.4M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Acurx Pharmaceuticals Inc's Piotroski F-Score?

Acurx Pharmaceuticals Inc (ACXP) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Acurx Pharmaceuticals Inc's earnings high quality?

Acurx Pharmaceuticals Inc (ACXP) has an earnings quality ratio of 0.74x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.