Scorpius Holdings (SCPX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2025, filed Feb 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SCPX SEC filings page.
Scorpius Holdings Inc (SCPX) reported $1.7M in revenue over the twelve months to Sep 30, 2025, down 82.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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.
Scorpius remains a development-stage business: revenue is small relative to research spending, while liabilities now dominate assets.
Gross margin fell from60.9% in FY2023 to48.8% in FY2024, indicating weaker economics even as reported sales stayed broadly similar. Operating cash flow improved from-$31.5M to-$26.0M , yet the business still consumed cash, so the margin change did not produce self-funding operations.
R&D was
Liabilities reached
Financial Health Signals
We do not publish a peer-relative financial health score for Scorpius Holdings Inc, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Scorpius Holdings Inc scores -13.58, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $287.2M against total assets of $39.2M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Scorpius Holdings Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Scorpius Holdings Inc reported a net loss of $32.8M while operations used $26.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Scorpius Holdings Inc reported an operating loss of $33.6M against $953K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Scorpius Holdings Inc generated $230K in revenue in Q3 2025. This represents a decrease of 75.1% from the same quarter a year earlier. Against the prior quarter it is up 1.0%.
Scorpius Holdings Inc's EBITDA was -$3.3M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Scorpius Holdings Inc reported a net loss of $984K in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Scorpius Holdings Inc earned -$0.02 per diluted share (EPS) in Q3 2025. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Scorpius Holdings Inc recorded an outflow of $2.9M in free cash flow in Q3 2025, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Scorpius Holdings Inc held $582K in cash as of Q3 2025; no long-term debt figure is on record for that period.
Not reported for Q3 2025.
Margins & Returns
Scorpius Holdings Inc's gross margin was 36.8% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is up 29.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 30.6 percentage points.
Not shown for Q3 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2025.
Capital Allocation
Scorpius Holdings Inc invested $2.5M in research and development in Q3 2025. This represents a decrease of 42.6% from the same quarter a year earlier. Against the prior quarter it is down 11.7%.
Scorpius Holdings Inc reported no capital expenditure in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q3 2025.
SCPX 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 | Q3'2510-Q | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'24Filing | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $230K-75.1% | $228K-70.1% | $212K-94.0% | $1.0M-78.4% | $922K+27.6% | $760K+15.5% | $3.5M+358.8% | $4.8M+5966.3% |
| Cost of Revenue | $145K-82.9% | $214K-74.5% | $376K-59.9% | $568K-52.5% | $852K+56.3% | $838K+118.4% | $938K+53.4% | $1.2M |
| Gross Profit | $84K+20.1% | $14Kn/m | -$164K-106.4% | $479K-86.9% | $70K-60.5% | -$78K-128.5% | $2.6M+1570.8% | $3.7M |
| R&D Expenses | $2.5M-42.6% | $2.8M-22.6% | $3.2M-18.6% | $2.5M-28.0% | $4.3M-16.6% | $3.6M-30.0% | $3.9M-38.2% | $3.5M-48.9% |
| SG&A Expenses | $2.3M-58.3% | $3.0M-40.2% | $4.0M-20.1% | $5.9M-9.9% | $5.6M-7.5% | $5.0M-28.9% | $5.0M-22.6% | $6.6M-0.9% |
| Operating Income | -$4.7Mn/m | -$5.8Mn/m | -$13.8Mn/m | -$9.4Mn/m | -$9.7Mn/m | -$9.3Mn/m | -$5.3Mn/m | -$6.4Mn/m |
| EBITDA | -$3.3Mn/m | -$4.3Mn/m | -$12.1Mn/m | -$7.6Mn/m | -$7.9Mn/m | -$7.4Mn/m | -$3.5Mn/m | -$4.6Mn/m |
| Interest Expense | $164K-30.0% | $188K-21.8% | $224K-10.4% | $230K-8.5% | $234K-0.8% | $240K+54.2% | $250K+85.7% | $251K |
| Income Tax | N/A | N/A | N/A | N/A | $0n/m | $0n/m | N/A | $0-100.0% |
| Net Income | -$984Kn/m | -$4.1Mn/m | -$10.7Mn/m | -$9.4Mn/m | -$10.1Mn/m | -$8.9Mn/m | -$4.4Mn/m | -$5.4Mn/m |
| EPS (Basic) | -$0.02 | -$0.09 | -$1.16 | -$3.77 | -$1.43 | -$26.98 | -$31.38 | -$0.21n/m |
| EPS (Diluted) | -$0.02 | -$0.09 | -$1.16 | -$3.77 | -$1.43 | -$26.98 | -$31.38 | -$0.21n/m |
| Diluted Shares (Avg) | 61M | 45M | 9M | N/A | 7M | 328,979 | 140,781 | N/A |
SCPX 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 | Q3'2510-Q | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'24Filing | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $20.8M-55.4% | $21.6M-53.8% | $23.6M-53.3% | $39.2M-23.2% | $46.5M-33.4% | $46.7M-41.8% | $50.5M-44.8% | $51.0M-51.1% |
| Current Assets | $2.1M-66.8% | $1.5M-56.4% | $2.0M-57.8% | $3.3M-31.5% | $6.4M-73.6% | $3.5M-84.8% | $4.8M-85.9% | $4.8M-90.5% |
| Cash & Equivalents | $582K-87.2% | $521K-64.6% | $189K-87.8% | $1.0M+455.9% | $4.6M+123.2% | $1.5M-74.8% | $1.6M-80.1% | $185K-94.2% |
| Short-Term Investments | $19K-92.3% | $0-100.0% | $60K-53.4% | $135K-93.9% | $250K-94.0% | $34K-99.7% | $129K-99.4% | $2.2M-93.8% |
| Inventory | $203K+16.2% | $204K+187.6% | $204K-85.9% | $199K-78.1% | $175K | $71K | $1.4M | $909K |
| Accounts Receivable | $180K-11.4% | $25K-98.1% | $210K-60.8% | $143K-61.8% | $203K-35.3% | $1.3M+407.2% | $535K+445.8% | $375K+360.6% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $22.1M+0.5% | $24.1M-3.1% | $30.1M+19.4% | $37.5M+64.9% | $22.0M-39.7% | $24.8M-25.0% | $25.2M-19.0% | $22.7M-28.8% |
| Current Liabilities | $22.2M+114.8% | $23.3M+115.1% | $23.1M+80.4% | $24.3M+140.5% | $10.3M-57.8% | $10.8M-29.5% | $12.8M-26.6% | $10.1M-44.0% |
| Non-Current Liabilities | -$95K-100.8% | $777K-94.5% | $7.0M-43.6% | $13.2M+4.5% | $11.7M-2.7% | $14.0M-21.2% | $12.4M-9.3% | $12.6M-9.2% |
| Total Equity | -$1.3M-104.6% | -$2.5M-109.7% | -$1.4M-104.8% | $6.3M-79.9% | $28.7M-20.8% | $25.6M-47.4% | $28.6M-53.8% | $31.4M-57.5% |
| Retained Earnings | -$303.0Mn/m | -$302.0Mn/m | -$297.9Mn/m | -$287.2Mn/m | -$277.8Mn/m | -$267.7Mn/m | -$258.8Mn/m | -$254.4Mn/m |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
SCPX 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.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'24Filing | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.9Mn/m | -$3.4Mn/m | -$3.4Mn/m | -$5.3Mn/m | -$10.1Mn/m | -$6.0Mn/m | -$4.7Mn/m | -$1.1Mn/m |
| Depreciation & Amortization | $1.4M-18.2% | $1.4M-21.3% | $1.7M-7.7% | $1.8M-1.3% | $1.7M+0.1% | $1.8M+21.2% | $1.8M+26.7% | $1.8M+60.3% |
| Stock-Based Compensation | $200K-33.3% | $200K0.0% | $210K-26.1% | N/A | $300K-50.0% | $200K-71.4% | $284K-62.9% | N/A |
| Capital Expenditures | $0n/m | $0-100.0% | $58K-80.7% | $179K+35.0% | $0-100.0% | $396K | $299K-81.6% | $133K-84.3% |
| Free Cash Flow | -$2.9Mn/m | -$3.4Mn/m | -$3.4Mn/m | -$5.5Mn/m | -$10.1Mn/m | -$6.4M | -$5.0Mn/m | -$1.2Mn/m |
| Investing Cash Flow | -$19K-105.5% | $60Kn/m | $17K-99.4% | -$1.6M-176.8% | $349K-95.5% | -$304K-103.4% | $2.8M-79.4% | $2.1M-71.5% |
| Financing Cash Flow | $3.0M-76.6% | $3.7M-40.7% | $2.5M-23.2% | $3.4Mn/m | $12.8M+7675.7% | $6.2Mn/m | $3.3Mn/m | -$6.2Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
SCPX 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.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'25Filing | Q4'24Filing | Q3'2410-Q | Q2'2410-Q | Q1'24Filing | Q4'23Filing |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.8%+29.1pp | 6.1%+16.4pp | -77.2%-150.5pp | 45.7%-29.6pp | 7.6%-17.0pp | -10.3%-51.9pp | 73.3%+53.2pp | 75.3% |
| Operating Margin | -2056.8% | -2538.2% | -6495.9% | -893.3% | -1047.8% | -1218.9% | -151.4% | -132.7% |
| Net Margin | -428.3% | -1793.3% | -5047.7% | -898.1% | -1096.5% | -1167.8% | -125.7% | -111.5% |
| Return on Equity | N/A | N/A | N/A | -149.2%-132.0pp | -35.2%+1.0pp | -34.6%-6.1pp | -15.4%+5.2pp | -17.2%+3.4pp |
| Return on Assets | -4.7%+17.0pp | -18.9%+0.1pp | -45.4%-36.7pp | -24.0%-13.4pp | -21.7%-2.9pp | -19.0%-1.7pp | -8.8%+5.2pp | -10.6%+4.0pp |
| Current Ratio | 0.10-0.5x | 0.06-0.3x | 0.09-0.3x | 0.13-0.3x | 0.62-0.4x | 0.32-1.2x | 0.38-1.6x | 0.47-2.3x |
| Liabilities-to-Equity | N/A | N/A | N/A | 5.95+5.2x | 0.77-0.2x | 0.97+0.3x | 0.88+0.4x | 0.72+0.3x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.01-0.1x | 0.03-0.1x | 0.020.0x | 0.020.0x | 0.07+0.1x | 0.10+0.1x |
| FCF Margin | -1269.3% | -1496.7% | -1615.6% | -522.4% | -1090.7% | -838.3% | -141.8% | -25.0% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.13), 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. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Scorpius Holdings Inc SCPX | FY2024 | $6.2M | -$32.8M | N/A | $37K | — |
| Windtree Therapeutics New WINT | FY2024 | N/A | -$1.8M | N/A | $20K | — |
Where Scorpius Holdings Inc Ranks
Frequently Asked Questions
Scorpius Holdings Inc (SCPX) reported $6.2M in total revenue for fiscal year 2024. This represents a -10.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Scorpius Holdings Inc (SCPX) revenue declined by 10.7% year-over-year, from $7.0M to $6.2M in fiscal year 2024.
No, Scorpius Holdings Inc (SCPX) reported a net loss of $25.2M over the trailing 12 months to September 30, 2025. In fiscal year 2024 it reported a net loss of $32.8M.
Scorpius Holdings Inc (SCPX) had EBITDA of -$26.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
Scorpius Holdings Inc (SCPX) had a gross margin of 48.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
Scorpius Holdings Inc (SCPX) has a return on equity of -520.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
Scorpius Holdings Inc (SCPX) recorded an outflow of $26.9M in free cash flow during fiscal year 2024. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
Scorpius Holdings Inc (SCPX) recorded an outflow of $26.0M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
Scorpius Holdings Inc (SCPX) had $39.2M in total assets as of fiscal year 2024, including both current and long-term assets.
Scorpius Holdings Inc (SCPX) invested $875K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Scorpius Holdings Inc (SCPX) invested $14.3M in research and development during fiscal year 2024.
Scorpius Holdings Inc (SCPX) had a current ratio of 0.13 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
Scorpius Holdings Inc (SCPX) had a liabilities-to-equity ratio of 5.95 as of fiscal year 2024, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2024, because the filing data we hold for that year carries no long-term debt figure.
Scorpius Holdings Inc (SCPX) had a return on assets of -83.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Scorpius Holdings Inc (SCPX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to September 30, 2025). The market capitalization is $37K as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Scorpius Holdings Inc (SCPX) trades at 0.0x sales, its market capitalization divided by $1.7M revenue, trailing 12 months to September 30, 2025. The market capitalization is $37K as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
At the end of fiscal year 2024, Scorpius Holdings Inc (SCPX) held $1.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $26.0M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Scorpius Holdings Inc (SCPX) has an Altman Z-Score of -13.58, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Scorpius Holdings Inc (SCPX) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Scorpius Holdings Inc (SCPX) reported a net loss of $32.8M while operations used $26.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Scorpius Holdings Inc (SCPX) reported an operating loss of $33.6M against $953K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.