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TherapeuticsMD (TXMD) details Q1 2026 results and strategic review

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

TherapeuticsMD, Inc. furnished an update on its business by issuing a press release with financial results for the three months ended March 31, 2026. The company now operates as a pharmaceutical royalty business, primarily collecting royalties from licensees instead of running its own research, development, or commercial operations.

The press release also discusses an ongoing evaluation of potential strategic alternatives, which may include transactions such as an acquisition, merger, sale of assets, or other business combinations. Extensive forward-looking statement language highlights uncertainties around royalty revenues, operating wind-down, Nasdaq listing status, and the company’s ability to continue as a going concern.

Positive

  • None.

Negative

  • None.
Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure."
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
pharmaceutical royalty company financial
"the Company changed its business to become a pharmaceutical royalty company, primarily collecting royalties"
strategic alternatives financial
"including the exploration of potential strategic alternatives that may include, but are not limited to, an acquisition, merger, other business combination, sale of assets"
Strategic alternatives are different options a company considers to improve its value or achieve its goals, such as selling the business, merging with another company, or restructuring operations. For investors, understanding these options is important because they can significantly impact the company's future direction and its stock value, often signaling potential changes or opportunities.
forward-looking statements regulatory
"This press release by TherapeuticsMD, Inc. may contain forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
going concern financial
"and the Company’s ability to continue as a going concern."
A going concern is a business that is expected to continue its operations and meet its obligations for the foreseeable future, rather than shutting down or selling off assets. This assumption matters to investors because it indicates stability and ongoing profitability, making the business a more reliable investment. Think of it as believing a restaurant will stay open and serve customers, rather than closing down suddenly.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

FORM 8-K 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 2, 2026 

 

THERAPEUTICSMD, INC. 

(Exact Name of Registrant as Specified in its Charter)

 

Nevada   001-00100   87-0233535
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

951 Yamato Road, Suite 220

Boca Raton, FL 33431

(Address of Principal Executive Office) (Zip Code)

 

Registrant’s telephone number, including area code: (561) 961-1900

 

Not Applicable

(Former name or former address, if changed since last report) 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol   Name of Each Exchange on Which Registered
Common Stock, par value $0.001 per share   TXMD   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230-405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 2.02 Results of Operations and Financial Condition.

 

The information provided in Item 7.01 of this Current Report on Form 8-K is incorporated in this Item 2.02 by reference.

 

Item 7.01 Regulation FD Disclosure.

 

On May 12, 2026, TherapeuticsMD, Inc., a Nevada corporation (the “Company”), issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

The information in this Item 7.01 and the information contained in Exhibit 99.1 is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in any such filing, regardless of any general incorporation language in the filing.

 

The Company does not have, and expressly disclaims, any obligation to release publicly any updates or any changes in its expectations or any change in events, conditions, or circumstances on which any forward-looking statement is based.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Index

 

Exhibit No.   Description
   
99.1   Press Release from TherapeuticsMD, Inc., dated May 12,  2026, entitled “TherapeuticsMD Announces First Quarter 2026 Financial Results.”
   
104   Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document).

  

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: May 12, 2026 THERAPEUTICSMD, INC.
   
  /s/ Marlan Walker
  Marlan Walker
  Chief Executive Officer

 

2

 

Exhibit 99.1

 

 

 

TherapeuticsMD Announces First Quarter 2026 Financial Results

 

BOCA RATON, Fla.--(BUSINESS WIRE)—May 12, 2026 -- TherapeuticsMD, Inc. (“TherapeuticsMD” or the “Company”) (NASDAQ: TXMD), a company that owns rights to pharmaceutical royalties, today reported financial results for the three months ended March 31, 2026.

 

First Quarter 2026 Financial Results

 

Net Income (Loss) from Continuing Operations

 

Net income from continuing operations totaled $103 thousand, compared to a net loss of $636 thousand for the first quarter of 2025.

 

License Revenues from Continuing Operations

 

The Company recorded $724 thousand in license revenue, primarily from the Mayne License Agreement, an increase of $331 thousand, compared to $393 thousand in license revenue for the first quarter of 2025. The increase is attributable to changes in sales of licensed products.

 

Total Operating Expenses from Continuing Operations

 

Total operating expenses were $1,447 thousand, a decrease of $227 thousand, or 13.6%, compared to $1,674 thousand for the first quarter of 2025. The decrease is primarily attributable to the absence of write-off expense recognized in 2025, as well as lower professional fees and share-based compensation costs.

 

Evaluation of Strategic Alternatives

 

The Company continues to evaluate a variety of strategic alternatives that may include, but are not limited to, an acquisition, merger, other business combination, sale of assets, or other strategic transactions involving the Company. Although the Company is exploring potential strategic alternatives, there can be no assurance of a transaction, a successful outcome of these efforts, or the form or timing of any such outcome. The Company has not established a timetable for completion of this exploration process and does not intend to disclose further developments unless and until it is determined that disclosure is appropriate or necessary.

 

Balance Sheet

 

As of March 31, 2026, the Company’s cash and cash equivalents totaled $8.4 million.

 

 

 

About TherapeuticsMD

 

TherapeuticsMD was previously a women’s healthcare company with a mission of creating and commercializing innovative products to support the lifespan of women from pregnancy prevention through menopause. In December 2022, the Company changed its business to become a pharmaceutical royalty company, primarily collecting royalties from its licensees. The Company is no longer engaging in research and development or commercial operations.

 

Forward-Looking Statements

 

This press release by TherapeuticsMD, Inc. may contain forward-looking statements. Forward-looking statements may include, but are not limited to, statements relating to TherapeuticsMD’s objectives, plans and strategies, including the exploration of potential strategic alternatives that may include, but are not limited to, an acquisition, merger, other business combination, sale of assets, or other strategic transactions, and the completion of such a review process and the potential timing, outcome and ability of any such strategic alternatives to create stockholder value, as well as statements, other than historical facts, that address activities, events or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future, including statements regarding the Company’s financial condition, liquidity, results of operations and royalty revenues. These statements are often characterized by terminology such as “believes,” “hopes,” “may,” “anticipates,” “should,” “intends,” “plans,” “will,” “expects,” “estimates,” “projects,” “positioned,” “strategy” and similar expressions and are based on assumptions and assessments made in light of management’s experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate. Forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no duty to update or revise any such statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of the Company’s control. Important factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements are described in the sections titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as reports on Form 8-K, and include the following: whether the Company’s licensees will be successful at commercializing the products that they licensed and acquired from TherapeuticsMD; the Company’s dependence upon third parties for the manufacture and supply the Company’s women’s healthcare products; whether coverage and reimbursement is available for the Company’s products; the outcome of the Company’s ongoing disputes with Mayne Pharma; time and costs associated with winding down the Company’s operations; the Company’s ability to remain listed on Nasdaq; the impact of transitions in the Company’s senior management team; the impact of government regulation, including those resulting from healthcare reform and drug pricing initiatives; whether we are able to protect the proprietary nature of the intellectual property covering the Company’s hormone therapy pharmaceutical products; competition from branded and generic products; and the Company’s ability to continue as a going concern.

 

Marlan D. Walker
Chief Executive Officer
561-961-1900
IR@TherapeuticsMD.com

 

Lisa M. Wilson
In-Site Communications, Inc.
212-452-2793
lwilson@insitecony.com

 

Source: TherapeuticsMD, Inc.

 

 

FAQ

What did TherapeuticsMD (TXMD) report in its latest 8-K filing?

TherapeuticsMD furnished a press release with first quarter 2026 financial results for the three months ended March 31, 2026. The update also reiterates its focus as a pharmaceutical royalty company and highlights ongoing evaluation of potential strategic alternatives.

What is TherapeuticsMD’s current business model according to the 8-K?

TherapeuticsMD now operates as a pharmaceutical royalty company, primarily collecting royalties from licensees of its women’s health products. The company has stopped research, development, and direct commercial operations, reflecting a shift from its prior fully integrated healthcare model.

What strategic alternatives is TherapeuticsMD (TXMD) considering?

TherapeuticsMD states it is exploring potential strategic alternatives, which may include an acquisition, merger, other business combination, sale of assets, or similar strategic transactions. The company emphasizes there is uncertainty regarding the timing, outcome, and value impact of any such alternatives.

What risks and uncertainties does TherapeuticsMD highlight in this disclosure?

The company notes risks tied to licensee commercialization success, dependence on third-party manufacturing, reimbursement coverage, disputes with Mayne Pharma, costs of winding down operations, Nasdaq listing status, intellectual property protection, competition, and its ability to continue as a going concern.

How does TherapeuticsMD treat the furnished press release in regulatory terms?

TherapeuticsMD specifies that the Item 7.01 information and Exhibit 99.1 press release are furnished, not filed, under the Exchange Act. This means they are generally not subject to Section 18 liability or automatically incorporated into Securities Act or Exchange Act filings.

Filing Exhibits & Attachments

4 documents