Kiromic Biopharma, Inc.
Healthcare · Biological Products, (No Diagnostic Substances) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | — | — | — | — | — |
| Operating income | −$23.8M | −$19.9M | −$31.1M | −$25.7M | −$19.2M | −$3.7M |
| Net income | −$26.9M | −$20.9M | −$34.7M | −$25.6M | −$19.2M | −$3.7M |
| Total assets | $8.5M | $12.2M | $12.0M | $30.7M | $12.8M | $2.7M |
| Total liabilities | $21.1M | $21.3M | $17.7M | $3.4M | $1.5M | $673,700 |
| Equity | −$12.6M | −$9.1M | −$5.8M | $27.3M | $11.4M | $2.0M |
| EPS (diluted) | — | $-12.59 | $-64.42 | $-67.82 | $-4.42 | — |
| Shares out. | 1.3M | 979,243 | 15.6M | 7.3M | 7.3M | 2.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- —
- Return on equity
- 213.7%
- Return on assets
- −314.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 247.3%
- Debt / equity
- —
- Book value / share
- $-9.77
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -89.98distress
- Accruals / assets
- −87.1%clean
- Piotroski F-Score
- 1/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 2 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Clinical trials
ClinicalTrials.gov · ongoing · next readout firstInterventional studies led by this company. “Readout” is the trial's primary-completion date — an estimate the sponsor reports, not a guarantee.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Amended charter or bylawsMar 21, 2025
- Other material eventMar 17, 2025
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 3, 2025
- Entered a material agreement · New financial obligation · Unregistered equity saleDec 11, 2024
- Entered a material agreement · Unregistered equity saleNov 4, 2024
- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsSep 30, 2024
- Entered a material agreement · New financial obligation · Unregistered equity saleAug 5, 2024
- Entered a material agreement · New financial obligation · Unregistered equity saleJul 10, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KFORM 8-KMar 21, 2025
- 8-KFORM 8-KMar 17, 2025
- S-1/AFORM S-1/AFeb 19, 2025
- 10-KFORM 10-KFeb 14, 2025
- 8-K/AFORM 8-K/AFeb 3, 2025
- 8-KFORM 8-KFeb 3, 2025
- S-1FORM S-1Jan 17, 2025
- 8-KFORM 8-KDec 11, 2024
- 10-QFORM 10-QNov 8, 2024
- SC 13G/ANov 4, 2024
- 8-KFORM 8-KNov 4, 2024
- 8-KFORM 8-KSep 30, 2024
- 4FORM 4Aug 26, 2024
- 4FORM 4Aug 21, 2024
- 4FORM 4Aug 14, 2024