Lipocine Inc.

Lipocine Inc.

LPCN
Lipocine Inc.US flagNASDAQ Capital Market
2.48
USD
+0.09
- -
14.39MMarket Cap
Lipocine Inc.
LPCN
(NASDAQ Capital Market)

Recent

price

2.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
0.34
0.11
- -
3.16
0.1
-0.54
2.1
0.36
0.34
Revenue per Share
-2.93
-38.64
-24.45
-27.13
-9.4
-17.66
-17.79
-9.28
-8.54
-6.4
-0.12
-2.07
-3.1
- -
-1.77
-1.95
Basic EPS, GAAP
-4.14
-37.89
-19.83
-23.12
-7.94
-17.08
-14.16
-9.62
-7.66
-4.67
-0.86
-2.33
-2.25
-0.25
-1.79
-1.72
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.76
-41.06
-110.51
-90.86
-44.61
-98.15
-107.16
-109.92
-99.22
-52.51
-33.76
-35.25
-37.91
-37.42
-38.43
-36.4
Book Value per Share
14.08
-5.7
103.49
35.1
21.67
24.22
16.09
7.51
4.13
4.68
8.91
6.85
3.87
3.93
2.66
3.9
Tangible Book Value per Share
- -
- -
- -
1
2
1
1
1
2
3
5
5
5
5
5
6
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
16
- -
-3
11
2
2
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
-2,646.03
-7,818.83
- -
19.49
-2,423.88
628.98
-10.31
-524.69
-605.86
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
-11
-20
-18
-19
-21
-12
-13
-21
-1
-11
-16
- -
-10
-11
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
7.54
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
-2,724.11
-7,883.72
- -
-3.93
-2,151.73
573.59
0.07
-487.06
-571.1
Profit Margin (%)
- -
- -
45
26
41
26
19
16
15
19
41
32
20
21
14
23
Working Capital
- -
- -
- -
- -
- -
- -
- -
7
4
2
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
45
26
42
26
19
9
6
15
46
36
20
21
14
23
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-5.16
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
6
7
Market Capitalization
15
43
47

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
16
17
25
Cash, Cash Equivalents & STI
15
15
25
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
3
3
Payables & Accruals
2
2
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.97%
20.88%
-31.05%
Free Cash Flow
66.66%
131.26%
644.34%
Net Income, GAAP
-11,387.79%
-22,784.2%
-115,371.85%
Sales/Revenue/Turnover
- -
1,668.14%
-82.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8
- -
- -
3
11
2025
- -
1
- -
1
2
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.66
-0.57
-0.41
- -
- -
2025
-0.35
-0.41
-0.59
- -
-1.77
2026
-0.54
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Lipocine Inc. (NASDAQ: LPCN), a clinical-stage biopharmaceutical company founded in 1997 and headquartered in Salt Lake City, Utah, leverages its proprietary Lip'iRal solubilization technology to develop differentiated oral drug delivery solutions for neuroendocrine, metabolic, endocrine, and central nervous system disorders. The company offers TLANDO, an FDA-approved oral testosterone replacement therapy for hypogonadism in adult males that does not require dose titration; LPCN 1111 (TLANDO XR), a next-generation once-daily oral prodrug of bioidentical testosterone in Phase 2 for testosterone replacement therapy; LPCN 1144, an oral prodrug of bioidentical testosterone that completed Phase 2 LiFT study for non-cirrhotic non-alcoholic steatohepatitis (NASH); LPCN 1148, an oral prodrug of testosterone for managing symptoms of decompensated cirrhosis including sarcopenia and hepatic encephalopathy, which received FDA Fast Track Designation; LPCN 1154 (BRLIZIO), an oral neurosteroid bioequivalent to IV brexanolone in pivotal studies for postpartum depression with Phase 3 trial ongoing and positive interim safety data; LPCN 1107, an oral hydroxyprogesterone caproate with orphan drug designation for preventing recurrent preterm birth; LPCN 2101, an oral candidate for epilepsy; LPCN 2401, a proprietary androgen receptor agonist for obesity management showing improved body composition in Phase 2; and LPCN 2203, an oral candidate for essential tremor. Lipocine operates primarily in the United States with a pipeline targeting large markets in endocrinology, hepatology, women's health, and CNS disorders through efficient 505(b)(2) regulatory pathways. Recent developments include licensing TLANDO commercialization rights to Verity Pharmaceuticals for the U.S. and Canada in January 2024 with up to $259 million in milestones and royalties up to 18%; distribution and license agreements with SPC Korea in October 2024 for South Korea commercialization and with Pharmalink in October 2024 for Gulf Cooperation Council countries; initiation of Phase 3 outpatient trial for LPCN 1154 in March 2025 with first patient dosed in June 2025 and promising DSMB safety review in November 2025; FDA labeling updates for testosterone products in March 2025; filing of New Drug Submission for TLANDO in Canada by Verity in June 2025; license and supply agreement for TLANDO in Brazil in May 2025; positive 52-week Phase 2 data for LPCN 1148 presented at EASL 2024; and publication of LPCN 1148 manuscript at The Liver Meeting 2024.

Company News

APIChatGPT
  • Lipocine Inc. to Host Virtual KOL Event Highlighting Unmet Needs in Postpartum Depression and the Clinical Profile of LPCN 1154

  • Lipocine Announces LPCN 1154 Phase 3 Data Accepted for Oral Presentation at 2026 ASCP Annual Meeting

  • Anaveon Strengthens Leadership Team with Appointments of Eric Zanelli as Chief Scientific Officer and Jill Jene as Chief Business Officer

  • Lipocine to Present at A.G.P.'s Annual Virtual Healthcare Company Showcase

  • Lipocine (LPCN) Reports Q1 Loss, Beats Revenue Estimates

  • Lipocine Announces Financial Results for the First Quarter Ended March 31, 2026

  • Mangoceuticals (NASDAQ:MGRX) versus Lipocine (NASDAQ:LPCN) Financial Contrast

  • John Higuchi Buys 40,000 Shares of Lipocine (NASDAQ:LPCN) Stock

  • Lipocine (NASDAQ:LPCN) CEO Mahesh Patel Acquires 25,000 Shares of Stock

  • What's Going On With Lipocine Stock On Monday?

  • Lipocine Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

  • Lipocine Stock Plunges After LPCN 1154 Misses Phase 3 Primary Endpoint

  • Lipocine Reports Topline Safety and Efficacy Results for LPCN 1154 in Patients with Postpartum Depression

  • Lipocine Announces Financial Results for the Full Year Ended December 31, 2025

  • Lipocine (LPCN) Soars 5.5%: Is Further Upside Left in the Stock?

  • Lipocine Announces Last Patient Last Visit in Pivotal Phase 3 Trial of LPCN 1154 for Postpartum Depression (PPD)

  • Lipocine Announces Completion of Enrollment and Dosing in Phase 3 Trial of LPCN 1154 in Postpartum Depression (PPD)

  • 2026 Asset Growth: Why Federal Compliance Is the New Metric

  • Lipocine Reports Encouraging Progress Post Second Interim Safety Review in Phase 3 Trial of LPCN 1154 in Postpartum Depression (PPD)

  • Critical Review: Lipocine (NASDAQ:LPCN) & Lyell Immunopharma (NASDAQ:LYEL)