What is Inhibikase Therapeutics Inc's earnings per share (EPS)?

Inhibikase Therapeutics Inc (IKT) reported diluted earnings per share of $-0.49 for fiscal year 2025. This represents a 57.8% change compared to the previous fiscal year. 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.

Inhibikase Therapeutics Inc Financials

IKT

Source SEC Filings (10-K/10-Q) Updated Mar 26, 2026 Currency USD FYE March

This page shows Inhibikase Therapeutics Inc (IKT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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

Inhibikase Therapeutics Inc passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.58x

For every $1 of reported earnings, Inhibikase Therapeutics Inc generates $0.58 in operating cash flow (-$27.8M OCF vs -$48.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-14.0x

Inhibikase Therapeutics Inc earns $-14.0 in operating income for every $1 of interest expense (-$52.0M vs $3.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

-$51.9M

YoY-81.8%

Inhibikase Therapeutics Inc's EBITDA was -$51.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 81.8% from the prior year.

Net Income

-$48.3M

YoY-75.4%

Inhibikase Therapeutics Inc reported -$48.3M in net income in fiscal year 2025. This represents a decrease of 75.4% from the prior year.

EPS (Diluted)

$-0.49

YoY+57.8%

Inhibikase Therapeutics Inc earned $-0.49 per diluted share (EPS) in fiscal year 2025. This represents an increase of 57.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$27.8M

YoY-45.2%

Inhibikase Therapeutics Inc generated -$27.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 45.2% from the prior year.

Cash & Debt

$178.8M

YoY+216.5%

5Y CAGR+66.5%

Inhibikase Therapeutics Inc held $178.8M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

132M

YoY+90.4%

Inhibikase Therapeutics Inc had 132M shares outstanding in fiscal year 2025. This represents an increase of 90.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-27.9%

YoY+1.1pp

5Y CAGR+1.2pp

Inhibikase Therapeutics Inc's ROE was -27.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.

Capital Allocation

R&D Spending

$29.8M

YoY+73.1%

5Y CAGR+101.6%

Inhibikase Therapeutics Inc invested $29.8M in research and development in fiscal year 2025. This represents an increase of 73.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$13K

Inhibikase Therapeutics Inc invested $13K in capex in fiscal year 2025, funding long-term assets and infrastructure.

IKT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	$0-100.0%	$261K+111.0%	$123K-96.0%	$3.1M+343.9%	$698K
Cost of Revenue	$4.4M	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$29.8M+73.1%	$17.2M+26.4%	$13.6M+13.2%	$12.0M+6.0%	$11.4M+1170.9%	$894K
SG&A Expenses	$23.6M+107.0%	$11.4M+69.0%	$6.7M+8.3%	$6.2M-4.5%	$6.5M+148.1%	$2.6M
Operating Income	-$52.0M-81.8%	-$28.6M-42.3%	-$20.1M-10.8%	-$18.1M-22.8%	-$14.8M-423.9%	-$2.8M
Interest Expense	$3.7M+247.5%	$1.1M+0.8%	$1.1M+1324.9%	$74K+273.7%	$20K-32.2%	$29K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$48.3M-75.4%	-$27.5M-44.6%	-$19.0M-5.4%	-$18.1M-22.1%	-$14.8M-419.2%	-$2.8M
EPS (Diluted)	$-0.49+57.8%	$-1.16	$-3.16+26.2%	$-4.28-428.4%	$-0.81	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$0	$0	$0	N/A	$0	$0	$0-100.0%	$1
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	$7.6M+45.1%	$5.3M-49.9%	$10.5M	N/A	$4.2M+36.2%	$3.1M+11.8%	$2.8M-8.4%	$3.0M
SG&A Expenses	$5.6M-5.2%	$5.9M+12.8%	$5.2M	N/A	$1.6M-17.1%	$2.0M-2.8%	$2.0M+45.0%	$1.4M
Operating Income	-$12.8M-17.9%	-$10.8M+25.8%	-$14.6M	N/A	-$5.8M-15.4%	-$5.1M-5.6%	-$4.8M-8.6%	-$4.4M
Interest Expense	$838K-8.6%	$917K-0.3%	$919K	N/A	$49K-45.7%	$91K-31.5%	$133K-41.2%	$226K
Income Tax	$0	$0	$0	N/A	$0	$0	$0	N/A
Net Income	-$11.9M-20.3%	-$9.9M+27.5%	-$13.7M	N/A	-$5.8M-16.5%	-$5.0M-6.7%	-$4.6M-11.3%	-$4.2M
EPS (Diluted)	$-0.13-18.2%	$-0.11+26.7%	$-0.15	N/A	$-0.65	$-0.66+9.6%	$-0.73	N/A

IKT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$181.2M+83.8%	$98.6M+579.7%	$14.5M-41.8%	$24.9M-41.3%	$42.5M+187.3%	$14.8M
Current Assets	$180.1M+82.9%	$98.5M+592.8%	$14.2M-41.7%	$24.4M-42.6%	$42.5M+187.3%	$14.8M
Cash & Equivalents	$178.8M+216.5%	$56.5M+514.1%	$9.2M+28.0%	$7.2M-82.4%	$40.8M+192.0%	$14.0M
Inventory	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
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$8.3M+122.3%	$3.7M+5.8%	$3.5M-9.5%	$3.9M-3.8%	$4.1M-18.9%	$5.0M
Current Liabilities	$8.3M+122.3%	$3.7M+8.6%	$3.4M-7.0%	$3.7M-8.9%	$4.1M-14.1%	$4.7M
Long-Term Debt	N/A	N/A	$382K	N/A	$249K	N/A
Total Equity	$172.9M+82.3%	$94.9M+764.2%	$11.0M-47.8%	$21.0M-45.2%	$38.4M+292.6%	$9.8M
Retained Earnings	-$142.7M-51.1%	-$94.4M-41.1%	-$66.9M-39.7%	-$47.9M-60.5%	-$29.8M-298.4%	$15.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$79.6M-10.4%	$88.9M-5.8%	$94.3M-4.4%	$98.6M+2152.7%	$4.4M-50.4%	$8.8M-20.3%	$11.1M-23.7%	$14.5M
Current Assets	$78.5M-11.6%	$88.8M-5.7%	$94.2M-4.4%	$98.5M+2249.6%	$4.2M-51.3%	$8.6M-20.4%	$10.8M-23.9%	$14.2M
Cash & Equivalents	$38.3M-50.8%	$77.7M+5.9%	$73.4M+30.0%	$56.5M+6085.5%	$913K-70.4%	$3.1M+31.2%	$2.4M-74.4%	$9.2M
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	$6.7M-23.9%	$8.8M+2.9%	$8.6M+129.0%	$3.7M-23.9%	$4.9M+31.6%	$3.7M-13.1%	$4.3M+21.6%	$3.5M
Current Liabilities	$6.7M-23.9%	$8.8M+2.9%	$8.6M+129.0%	$3.7M-23.9%	$4.9M+32.5%	$3.7M-12.5%	$4.2M+23.1%	$3.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$382K
Total Equity	$72.9M-8.9%	$80.1M-6.6%	$85.7M-9.6%	$94.9M+17979.4%	-$531K-110.4%	$5.1M-24.8%	$6.8M-38.3%	$11.0M
Retained Earnings	-$129.9M-10.1%	-$118.0M-9.2%	-$108.1M-14.5%	-$94.4M-14.7%	-$82.3M-7.6%	-$76.5M-6.9%	-$71.6M-7.0%	-$66.9M

IKT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$27.8M-45.1%	-$19.1M-5.9%	-$18.1M-4.2%	-$17.4M-21.4%	-$14.3M-1165.9%	-$1.1M
Capital Expenditures	$13K	$0-100.0%	$14K-94.1%	$243K	$0	N/A
Free Cash Flow	-$27.8M-45.2%	-$19.1M-5.8%	-$18.1M-2.9%	-$17.6M-23.1%	-$14.3M	N/A
Investing Cash Flow	$2.1M+105.5%	-$37.0M-417.5%	$11.7M+172.8%	-$16.0M	$0	N/A
Financing Cash Flow	$108.5M+4.8%	$103.5M+1131.1%	$8.4M+4204.6%	-$205K-100.5%	$41.1M+172.8%	$15.1M
Dividends Paid	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

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$10.6M-90.0%	-$5.6M-35.8%	-$4.1M+23.2%	-$5.3M-9.5%	-$4.9M+3.4%	-$5.1M-30.7%	-$3.9M-12.3%	-$3.4M
Capital Expenditures	$0	$0-100.0%	$13K	$0	$0	$0	$0	$0
Free Cash Flow	-$10.6M-90.0%	-$5.6M-35.4%	-$4.1M+23.0%	-$5.3M-9.5%	-$4.9M+3.4%	-$5.1M-30.7%	-$3.9M-12.3%	-$3.4M
Investing Cash Flow	-$28.7M-392.0%	$9.8M-53.2%	$21.1M+154.3%	-$38.8M-1634.4%	$2.5M-0.7%	$2.5M+176.8%	-$3.3M-56.5%	-$2.1M
Financing Cash Flow	-$134K-522.2%	$32K	$0-100.0%	$99.7M+54685.5%	$182K-94.4%	$3.2M+784.0%	$367K+365.7%	-$138K
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

IKT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	-7712.0%+6974.2pp	-14686.2%-14209.9pp	-476.2%-72.7pp	-403.5%
Net Margin	N/A	N/A	-7304.7%+7321.1pp	-14625.9%-14149.0pp	-476.9%-69.1pp	-407.7%
Return on Equity	-27.9%+1.1pp	-29.0%+144.3pp	-173.3%-87.5pp	-85.8%-47.3pp	-38.5%-9.4pp	-29.1%
Return on Assets	-26.6%+1.3pp	-27.9%+103.3pp	-131.2%-58.8pp	-72.4%-37.6pp	-34.8%-15.6pp	-19.3%
Current Ratio	21.70-4.7	26.37+22.2	4.13-2.5	6.59-3.9	10.47+7.3	3.13
Debt-to-Equity	0.050.0	0.040.0	0.03-0.2	0.19+0.2	0.01-0.5	0.51
FCF Margin	N/A	N/A	-6947.9%+7305.5pp	-14253.4%-13792.3pp	-461.1%	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
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	-100000000.0%
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-100000000.0%
Return on Equity	-16.4%-4.0pp	-12.4%+3.6pp	-16.0%	N/A	N/A	-97.3%-28.7pp	-68.6%-30.6pp	-38.1%
Return on Assets	-15.0%-3.8pp	-11.2%+3.4pp	-14.5%	N/A	-132.0%-75.8pp	-56.2%-14.2pp	-42.0%-13.2pp	-28.8%
Current Ratio	11.73+1.6	10.09-0.9	11.01-15.4	26.37+25.5	0.85-1.5	2.32-0.2	2.55-1.6	4.13
Debt-to-Equity	0.09-0.0	0.11+0.0	0.10+0.1	0.04+9.3	-9.25-10.0	0.73+0.1	0.63+0.6	0.03
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-100000000.0%

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Frequently Asked Questions

Is Inhibikase Therapeutics Inc profitable?

No, Inhibikase Therapeutics Inc (IKT) reported a net income of -$48.3M in fiscal year 2025.

What is Inhibikase Therapeutics Inc's EBITDA?

Inhibikase Therapeutics Inc (IKT) had EBITDA of -$51.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Inhibikase Therapeutics Inc's return on equity (ROE)?

Inhibikase Therapeutics Inc (IKT) has a return on equity of -27.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Inhibikase Therapeutics Inc's free cash flow?

Inhibikase Therapeutics Inc (IKT) generated -$27.8M in free cash flow during fiscal year 2025. This represents a -45.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Inhibikase Therapeutics Inc's operating cash flow?

Inhibikase Therapeutics Inc (IKT) generated -$27.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Inhibikase Therapeutics Inc's total assets?

Inhibikase Therapeutics Inc (IKT) had $181.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Inhibikase Therapeutics Inc's capital expenditures?

Inhibikase Therapeutics Inc (IKT) invested $13K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Inhibikase Therapeutics Inc spend on research and development?

Inhibikase Therapeutics Inc (IKT) invested $29.8M in research and development during fiscal year 2025.

How many shares does Inhibikase Therapeutics Inc have outstanding?

Inhibikase Therapeutics Inc (IKT) had 132M shares outstanding as of fiscal year 2025.

What is Inhibikase Therapeutics Inc's current ratio?

Inhibikase Therapeutics Inc (IKT) had a current ratio of 21.70 as of fiscal year 2025, which is generally considered healthy.

What is Inhibikase Therapeutics Inc's debt-to-equity ratio?

Inhibikase Therapeutics Inc (IKT) had a debt-to-equity ratio of 0.05 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Inhibikase Therapeutics Inc's return on assets (ROA)?

Inhibikase Therapeutics Inc (IKT) had a return on assets of -26.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Inhibikase Therapeutics Inc's cash runway?

Based on fiscal year 2025 data, Inhibikase Therapeutics Inc (IKT) had $178.8M in cash against an annual operating cash burn of $27.8M. This gives an estimated cash runway of approximately 77 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 Inhibikase Therapeutics Inc's Piotroski F-Score?

Inhibikase Therapeutics Inc (IKT) 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 Inhibikase Therapeutics Inc's earnings high quality?

Inhibikase Therapeutics Inc (IKT) has an earnings quality ratio of 0.58x, 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.

Can Inhibikase Therapeutics Inc cover its interest payments?

Inhibikase Therapeutics Inc (IKT) has an interest coverage ratio of -14.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.