OS Therapies Incorporated

OS Therapies Incorporated

OSTX
OS Therapies IncorporatedUS flagNew York Stock Exchange Arca
1.26
USD
-0.01
- -
58.97MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.33
-0.32
-0.38
-1.28
-0.98
-1.03
Free Cash Flow per Basic Share
-0.19
-0.19
-0.15
-1.05
-0.5
-0.49
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.56
-0.85
-1.17
-0.16
-0.16
-0.26
Tangible Book Value per Share
-0.56
-0.85
-1.17
-0.16
-0.34
-0.4
Basic Weighted Avg Shares
23
20
21
7
29
38
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-7
-6
-8
-9
-29
-39
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
Working Capital
-3
-6
-24
1
-11
-17
LT Debt
7
10
- -
- -
- -
- -
Total Equity
-11
-18
-24
-3
-6
-12
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
39
45
Market Capitalization
52
55
86

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
1
4
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
12
17
21
Payables & Accruals
12
16
21
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
86.61%
Free Cash Flow
- -
- -
101.93%
Net Income, GAAP
- -
- -
223.7%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.26
-0.18
- -
-1.28
2025
-0.18
-0.18
-0.22
- -
-0.98
2026
-0.27
-0.2
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Paul A. Romness
Full Time Employees
5
Sector
Healthcare
Industry
Biotechnology
Address
115 Pullman Crossing Road Grasonville MD United States of America 21638
IPO Date
Aug 1, 2024
Business
OS Therapies Incorporated (NYSE American: OSTX) is a clinical-stage biopharmaceutical company focused on the identification, development, and commercialization of innovative immunotherapies and targeted drug conjugates for osteosarcoma and other HER2-expressing solid tumors, including breast, colorectal, esophageal, lung, ovarian, and pancreatic cancers. The company's lead product candidate, OST-HER2, comprises an off-the-shelf, attenuated bioengineered Listeria monocytogenes-based immunotherapy that expresses HER2 peptides to activate T cells and stimulate the immune system against cancer cells and metastases; its pipeline also features OST-tADC (tunable antibody-drug conjugate), a plug-and-play platform utilizing pH-sensitive silicone dioxide linkers (SiLinkers) to deliver cell-penetrating payloads selectively into solid tumors via a bystander effect while minimizing toxicity to healthy tissue. Incorporated in 2018 and headquartered in Rockville, Maryland, OS Therapies operates primarily in the United States, conducting clinical trials at multiple sites across 18 states targeting pediatric and adult patients with rare and aggressive cancers that lack new FDA-approved treatments in over 40 years. In January 2025, the company agreed to acquire full rights to all Listeria monocytogenes-based immunotherapies from Ayala Pharmaceuticals, eliminating near-term milestone payments, reducing future royalty obligations on OST-HER2, and enhancing financial prospects ahead of planned regulatory submission; this followed a $7.1 million financing round in late 2024 at $4.00 per share, providing cash runway into 2026, and a September 2025 warrant exchange that raised approximately $3.7 million for commercialization efforts. OST-HER2 received U.S. FDA orphan drug, rare pediatric disease, and fast track designations, with Phase IIb trial enrollment ongoing as of late 2024 showing promising event-free and overall survival data in osteosarcoma.

Company News

  • OS Therapies Announces Initial Closing of Warrant Exercise Inducement and Exchange Offer for Initial Gross Proceeds of Approximately $7.2 Million

  • Rubenstein Public Relations Named Agency of Record for OS Therapies

  • OS Animal Health Receives USDA Feedback on Regulatory Pathway for OST-HER2 in Canine Osteosarcoma

  • OS Therapies Reports Significant Three-Year Survival Data for Bone Cancer Treatment

  • OS Therapies Achieves Statistically Significant Final Three-Year Overall Survival Benefit for Herlystic(TM)-Treated Patients in Phase 2b Pulmonary Metastatic Osteosarcoma Trial

  • OS Therapies Appoints Kerry Clem as Chief Commercial Officer and Frank Knuettel II as Chief Financial Officer

  • OS Therapies Announces Brand Name 'Herlystic' Approved by World Health Organization for OST-HER2 (daznelimgene lisbac)

  • OS Therapies Completes FDA Type C Statistical Methods Meeting and Provides Update on Global Regulatory Coordination for OST-HER2 Under Project Orbis

  • OS Therapies Achieves Incremental Alignment With FDA and Accepts Project Orbis Invitation From MHRA on OST-HER2 Metastatic Osteosarcoma Program

  • OS Therapies Announces Full Alignment with UK MHRA and EU EMA for Conditional Marketing Authorisation Application Filing

  • OS Therapies Achieves Statistically Significant Benefit for OST-HER2-Treated Patients in Interim 3-Year Overall Survival Analysis of Phase 2b Pulmonary Metastatic Osteosarcoma Trial

  • OS Therapies Provides OST-HER2 Metastatic Osteosarcoma Program Update and Announces Upcoming Conference Attendance

  • OS Therapies Reports Second Quarter 2026 Financials and Provides Business and Regulatory Updates

  • OS Therapies Granted U.S. FDA Type C Statistical Methods Meeting to Review 2.5-Year Overall Survival Data for OST-HER2 in the Prevention or Delay of Recurrence in Fully Resected, Pulmonary Metastatic Osteosarcoma

  • OS Therapies Accepts New FDA Meeting Request to Review Biomarker Data as Part of BEST Program

  • OS Therapies Third Quarter 2026 Corporate Outlook

  • OS Therapies Appoints Dr. Craig Eagle to Board of Directors

  • OS Therapies Provides U.S. Regulatory Update

  • OS Animal Health Announces Peer-Reviewed Publication of Clinical Trial Data for OST-HER2 Plus Palliative Radiation as Frontline Treatment in Canine Osteosarcoma

  • OS Therapies Achieves Global Regulatory Alignment on Design of Phase 3 Trial of OST-HER2 in Fully Resected, Pulmonary Metastatic Osteosarcoma