Perceptive Cap (PCSC) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PCSC SEC filings page.
This page shows Perceptive Cap (PCSC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Negative equity and weak current coverage dominate a balance sheet carrying liabilities above assets in FY2025
FY2025 net income of$837K coexisted with an operating loss of-$2.98M , so reported profit did not reflect the core operation’s result. Operating cash flow was-$865K ; this earnings-quality gap indicates below-operating-line gains or adjustments supported net income, although the data does not identify which.
Liabilities of
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Perceptive Cap does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
For every $1 of reported earnings, Perceptive Cap used $1.03 of operating cash (-$865K OCF vs $837K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Perceptive Cap reported -$115K in net income in Q2 2026. This represents a decrease of 115.2% from the same quarter a year earlier. Against the prior quarter it is down 122.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Perceptive Cap held $437K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
PCSC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24S-4/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $941K+387.2% | $859K+235.5% | N/A | N/A | $193K | $256K | N/A | N/A |
| Operating Income | -$941K-387.2% | -$859K-235.5% | N/A | -$856K-336.5% | -$193K-81.3% | -$256K | N/A | -$196K |
| Net Income | -$115K-115.2% | -$52K-107.6% | N/A | $145K-85.3% | $755K+633.8% | $679K | N/A | $981K |
| EPS (Basic) | N/A | $0.00 | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | $0.00 | N/A | N/A | N/A | N/A | N/A | N/A |
| Diluted Shares (Avg) | N/A | 9M | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax.
PCSC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24S-4/A | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $85.8M-6.1% | $93.3M+3.0% | $92.8M+3.2% | $92.2M+3.6% | $91.4M+4.0% | $90.6M | $89.9M | $89.0M |
| Current Assets | $742K-49.4% | $650K-51.6% | $908K-27.1% | $1.3M-7.8% | $1.5M+2.2% | $1.3M | $1.2M | $1.4M |
| Cash & Equivalents | $437K-67.5% | $567K-52.4% | $865K-23.4% | $1.2M-2.6% | $1.3M+4.5% | $1.2M | $1.1M | $1.2M |
| Total Liabilities | $92.1M-1.6% | $99.0M+6.4% | $97.6M+6.0% | $95.3M+4.8% | $93.7M+4.5% | $93.0M | $92.0M | $90.9M |
| Current Liabilities | $3.6M+1190.4% | $2.9M+975.1% | $2.3M+969.3% | $935K+484.2% | $281K+891.2% | $266K | $211K | $160K |
| Non-Current Liabilities | $88.5M-5.2% | $96.1M+3.7% | $95.3M+3.8% | $94.4M+4.0% | $93.4M+4.2% | $92.7M | $91.8M | $90.8M |
| Total Equity | -$6.3M-178.0% | -$5.7M-138.4% | -$4.8M-126.7% | -$3.1M-60.9% | -$2.3M-29.9% | -$2.4M | -$2.1M | -$1.9M |
| Retained Earnings | -$6.3M-178.0% | -$5.7M-138.4% | -$4.8M-126.7% | -$3.1M-60.9% | -$2.3M-29.9% | -$2.4M | -$2.1M | -$1.9M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Long-Term Debt.
PCSC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
PCSC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$4.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.40), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Perceptive Cap PCSC | FY2025 | N/A | $837K | N/A | $123.2M | — |
| Keen Vision Acquisition Corp KVAC | FY2025 | N/A | $1.9M | N/A | $63.4M | — |
| RF Acquisition Corp II RFAIU | FY2025 | N/A | $3.4M | N/A | N/A | — |
| Maywood Acquisition MAYA | FY2025 | N/A | $397K | N/A | $122.9M | — |
| Tavia Acquisition Corp. TAVIU | FY2025 | N/A | $3.6M | N/A | N/A | — |
| FG Merger Corp. FGMC | FY2025 | N/A | $1.4M | N/A | $85.5M | — |
Where Perceptive Cap Ranks
Frequently Asked Questions
Is Perceptive Cap profitable?
Yes, Perceptive Cap (PCSC) reported a net income of $837K in fiscal year 2025.
What is Perceptive Cap's operating cash flow?
Perceptive Cap (PCSC) recorded an outflow of $865K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Perceptive Cap's total assets?
Perceptive Cap (PCSC) had $92.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Perceptive Cap's current ratio?
Perceptive Cap (PCSC) had a current ratio of 0.40 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Perceptive Cap's return on assets (ROA)?
Perceptive Cap (PCSC) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Perceptive Cap's debt-to-equity ratio negative or not reported?
Perceptive Cap (PCSC) has negative shareholder equity of -$4.8M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Are Perceptive Cap's earnings high quality?
For every $1 of reported earnings, Perceptive Cap (PCSC) used $1.03 of operating cash (-$865K OCF vs $837K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.