Theralase Technologies Inc.

Theralase Technologies Inc.

TLTFF
Theralase Technologies Inc.US flagOther OTC
0.17
USD
+0.01
- -
50.12MMarket Cap
Theralase Technologies Inc.
TLTFF
(Other OTC)

Recent

price

0.17

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.05
0.05
0.04
0.03
0.02
0.02
0.02
0.02
0.01
0.01
- -
- -
0.01
- -
- -
- -
- -
Revenue per Share
-0.03
-0.04
-0.03
-0.02
-0.03
-0.05
-0.05
-0.05
-0.03
-0.05
-0.03
-0.02
-0.03
-0.02
-0.02
-0.02
-0.01
Basic EPS, GAAP
-0.03
-0.04
-0.02
-0.02
-0.05
-0.06
-0.05
-0.04
-0.01
-0.05
-0.02
-0.02
-0.02
-0.02
-0.01
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.23
-0.08
-0.09
-0.07
-0.02
-0.01
-0.03
-0.06
-0.07
- -
-0.03
-0.05
-0.07
-0.08
-0.08
-0.08
-0.08
Book Value per Share
0.01
0.01
- -
0.03
0.04
0.07
0.05
0.02
0.01
0.1
0.04
0.02
0.01
0.01
0.01
0.01
0.01
Tangible Book Value per Share
39
41
44
48
75
96
109
124
130
145
204
204
208
220
240
253
255
Basic Weighted Avg Shares
2
2
2
1
1
2
2
2
2
1
1
1
1
1
1
1
1
Sales/Revenue/Turnover
-57.12
-72.06
-81.65
-91.71
-186.95
-270.01
-255.7
-259.75
-194.18
-769.68
-613.13
-581.77
-459.48
-429.25
-414.96
-511.39
-433.4
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-1
-1
-2
-1
-3
-5
-5
-6
-3
-7
-6
-4
-5
-5
-4
-4
-4
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-57.26
-71.73
-82.75
-95.73
-187.42
-267.74
-256.46
-260.13
-193.58
-769.04
-602.56
-565.06
-459.81
-427.06
-411.84
-504.71
-429.11
Profit Margin (%)
- -
- -
- -
1
3
6
5
1
- -
13
8
4
2
- -
1
- -
1
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1
- -
- -
2
3
6
6
2
1
14
9
5
3
2
2
2
2
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
257
265
276
Market Capitalization
49
40
72

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1
2
3
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
1
- -
Total Current Liabilities
2
2
2
Payables & Accruals
2
1
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
100.09%
-25.51%
-14.01%
Free Cash Flow
28.33%
-4.96%
-1.05%
Net Income, GAAP
4.45%
-5.06%
-3.18%
Sales/Revenue/Turnover
-5.38%
-0.11%
-20.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
- -
- -
-0.02
2025
-0.01
- -
- -
- -
-0.02
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Theralase Technologies Inc. (TSXV: TLT; OTCQB: TLTFF), a clinical-stage pharmaceutical company founded in 1994 and headquartered at 41 Hollinger Road, Toronto, Ontario, Canada, develops and commercializes light-activated photodynamic compounds (PDCs) and proprietary medical laser systems for bio-stimulative and bio-destructive applications targeting cancer, bacteria, viruses, and chronic pain conditions; operations span two divisions, with the Drug Division focused on patented and patent-pending PDCs including lead anti-cancer candidate TLD-1433 for non-muscle invasive bladder cancer (NMIBC), Rutherrin for radiation-activated cancer therapies in glioblastoma multiforme, non-small cell lung cancer, pancreatic and colorectal cancers, and Ruvidar for antiviral applications such as herpes simplex virus type 1, activated by custom laser systems like the TLC-3200 study device; and the Device Division designing, manufacturing and marketing superpulsed diode laser technology cleared by Health Canada and the U.S. FDA, including the TLC-2100 and SMART laser systems for cool laser therapy (CLT) to eliminate chronic knee pain, reduce inflammation, accelerate tissue healing in nerve, muscle and joint conditions, and enhance standard cancer treatments. The company primarily serves healthcare practitioners, clinics and research institutions in Canada, the United States and select international markets. Recent developments include preclinical data in November 2025 demonstrating Rutherrin's 100-fold greater cancer cell kill versus radiation alone across multiple models with plans for GLP toxicology in 2026; peer-reviewed publication in September 2025 validating Ruvidar's superiority against HSV-1; closure of non-brokered private placements raising approximately CAD 1.35 million across two tranches in June and July 2025; extensions of warrant expiry dates totaling over 6.6 million warrants to 2028 in June through August 2025 to support ongoing funding needs; advancement of Phase II NMIBC study with interim data review via conference call in November 2025 showing prior 33% complete response rate at 90 days; and a research collaboration with the University of Windsor on CLT for Parkinson's disease as noted in 2024 financials released in 2025.

Company News

APIChat
  • Theralase(R) Lists Warrants on the TSXV

  • Theralase(R) Releases Q1 2026 Financial Statements

  • Theralase(R) Closes C$4.8 Million Offering

  • Theralase Technologies Inc. (TLT:CA) Q4 2025 Earnings Call Transcript

  • Theralase(R) Announces $4 Million Brokered LIFE Offering

  • Theralase(R) Releases 2025 Annual Financial Statements and Provides Clinical Study Update

  • Theralase(R) Reports Complete Response with X-Ray-Activated Rutherrin(R) in Muscle Invasive Bladder Cancer Preclinical Study

  • Theralase(R) Closes $CAN 2.66 Million Financing

  • Theralase(R) Discovers Further Mechanism on How Ruvidar(R) Inactivates Herpes Simplex Virus

  • Theralase(R) Demonstrates That X-Ray-Activated Rutherrin(R) Is Significantly More Effective than Radiation Alone in the Destruction of Muscle Invasive Bladder Cancer

  • Light-Activated Ruvidar and Interferon Demonstrate Enhanced Efficacy

  • Correcting and Replacing: Theralase Bladder Cancer Clinical Data to be Presented at the 2026 European Association of Urology Congress

  • Theralase Bladder Cancer Clinical Data to be Presented at the 2026 European Association of Urology Congress

  • Theralase(R) Bladder Cancer Clinical Data to be Presented at the 2026 American Urological Association Annual Meeting

  • Theralase(R) Provides Update on Bladder Cancer Clinical Study

  • Theralase(R) Completes Enrollment in Bladder Cancer Clinical Study

  • Ferring Pharmaceuticals and Theralase(R) Technologies Announce Clinical Development Agreement to Investigate Combination Therapy in Bladder Cancer

  • Ferring Pharmaceuticals and Theralase® Technologies Announce Clinical Development Agreement to Investigate Combination Therapy in Bladder Cancer

  • Theralase(R) Closes $1.3 M Non-Brokered Private Placement

  • Theralase(R) Commences Non-Brokered Private Placement and Termination of Previously Announced Financing