Better Therapeutics, Inc.

Better Therapeutics, Inc.

BTTX
Better Therapeutics, Inc.US flagOther OTC
0.00
USD
- -
- -
5,452.00Market Cap
Better Therapeutics, Inc.
BTTX
(Other OTC)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
TTM
FRC
- -
- -
- -
- -
- -
Revenue per Share
-0.3
-0.33
-3.11
-1.69
-1.08
Basic EPS, GAAP
-0.38
-0.34
-2.46
-1.23
-0.89
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
-1.05
-1.33
-5.53
-4.73
-4.58
Book Value per Share
-1.19
-1.55
2.44
-0.2
-0.43
Tangible Book Value per Share
24
24
13
24
29
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
-32,072.22
-79,037.5
- -
- -
- -
Operating Margin (%)
- -
- -
2
3
3
Depreciation Expense
-6
-6
-40
-40
-32
Net Income, GAAP
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-32,133.33
-79,837.5
- -
- -
- -
Profit Margin (%)
1
- -
41
5
-6
Working Capital
5
1
10
10
8
LT Debt
-1
-7
37
-1
-10
Total Equity
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
6
6
7
LT Borrowings
9
9
8
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
32
41
Market Capitalization
17
28
11

Working Capital

FRC

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
8
7
7
Cash, Cash Equivalents & STI
6
6
7
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
14
14
13
Payables & Accruals
8
8
6
ST Debt
6
6
7
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-102.45%
Free Cash Flow
- -
- -
-8.95%
Net Income, GAAP
- -
- -
-1.43%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.24
-0.38
-0.55
-2.02
-3.11
2022
-0.41
-0.42
-0.48
-0.37
-1.69
2023
-0.39
-0.24
-0.15
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Business
Better Therapeutics, Inc. (BTTX) develops prescription digital therapeutics that deliver cognitive behavioral therapy to treat the root causes of cardiometabolic diseases including type 2 diabetes, heart disease, hypertension, hyperlipidemia, non-alcoholic fatty liver disease, non-alcoholic steatohepatitis, and chronic kidney disease; the company's platform features AspyreRx, the first FDA-authorized prescription digital therapeutic for adults with type 2 diabetes as an adjunct to standard care; its pipeline includes investigational candidates BT-002 for glycemic control in hypertension, BT-003 to reduce LDL cholesterol in hyperlipidemia, and BT-004 to improve liver health in non-alcoholic steatohepatitis and non-alcoholic fatty liver disease. Better Therapeutics provides software-based solutions prescribed by physicians and accessed via mobile applications that deliver tailored lessons, skill-building modules, and goal-setting features to drive behavioral changes in eating and lifestyle patterns. The company, founded in 2015 and headquartered in San Francisco, California, operates primarily in the United States with a fully distributed workforce and approximately 54 employees. In recent developments, Better Therapeutics received FDA Breakthrough Device Designation for its digital therapeutic platform targeting advanced liver disease; the company strengthened its financial position through amendments to its debt facility with Hercules Capital and implemented significant cost reductions; it launched commercialization efforts for AspyreRx following FDA De Novo authorization in 2023 but faced challenges with market adoption and reimbursement, resulting in minimal revenues; in March 2024, Better Therapeutics filed for Chapter 11 bankruptcy protection, terminated employees, explored strategic alternatives including a potential sale of assets or wind-down, had its Nasdaq shares delisted, and transitioned trading to OTC markets; subsequently, Click Therapeutics acquired key assets including AspyreRx and development candidates BT-002, BT-003, and BT-004 to advance its pipeline in obesity, diabetes, hypertension, hyperlipidemia, and metabolic-associated steatohepatitis.

Company News

APIChat
  • Click Therapeutics Accelerates Expansion into Obesity and Cardiometabolic Disease With Acquisition of the Assets of Better Therapeutics, Inc.

  • Better Therapeutics Announces it will Seek Strategic Alternatives and will be Delisted from Nasdaq

  • Better Therapeutics Announces an Innovative Partnership with the American College of Lifestyle Medicine to Expand Access to AspyreRx Across 1,400 Federally Qualified Health Centers

  • Better Therapeutics Announces Acceptance of Late Breaking Abstract for Its AspyreRx Pivotal Trial 180 Day Outcomes and Participation at the 17th International Conference on Advanced Technologies & Treatments for Diabetes (ATTD)

  • Better Therapeutics and Biotricity Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV

  • Better Therapeutics' (BTTX) CBT Gains FDA's Breakthrough Status

  • Better Therapeutics Receives FDA Breakthrough Device Designation for Digital Therapeutic Platform Targeting Advanced Liver Disease

  • Better Therapeutics Signs Rebate Agreement with One of the Largest Pharmacy Benefit Managers in the US for its AspyreRx Diabetes Treatment

  • Better Therapeutics Announces Publication of Cost-Effectiveness Analysis Demonstrating AspyreRx is More Effective and Less Costly than Standard of Care Alone

  • Better Therapeutics and Glooko Announce Partnership to Accelerate Adoption of AspyreRx to Treat Type 2 Diabetes in the United States

  • Better Therapeutics Announces Submission for FDA Breakthrough Device Designation for Digital Therapeutic Platform to Treat Liver Disease

  • Better Therapeutics Strengthens Financial Position Through Amendment to Debt Facility and Implementation of Cost Reductions

  • Frost & Sullivan Honors Better Therapeutics with the 2023 Technology Innovation Leadership Award

  • Better Therapeutics Reports Third Quarter 2023 Financial Results and Provides Business Updates

  • Better Therapeutics to Release Third Quarter 2023 Financial Results and Provide Business Update on November 09, 2023

  • Top 5 Health Care Stocks That Are Preparing To Pump In November - Better Therapeutics (NASDAQ:BTTX), Arcutis Biotherapeutics (NASDAQ:ARQT)

  • Better Therapeutics to Participate in the American College of Lifestyle Medicine's 2023 Annual Conference

  • Better Therapeutics Announces Publication of LivVita Liver Disease Study Results in Gastro Hep Advances

  • Better Therapeutics Completes Enrollment in Real-World Evidence Program Evaluating Long-term Effectiveness of AspyreRx in Type 2 Diabetes

  • Better Therapeutics, Inc. (BTTX) Q2 2023 Earnings Call Transcript