Ernexa Therapeutics Inc.
ERNANasdaqHealthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | — | $582,000 | $68,000 | $0 | — | $5.8M |
| Operating income | −$9.3M | −$15.7M | −$21.1M | −$33.2M | −$113.7M | −$6.3M |
| Net income | −$14.1M | −$44.5M | −$21.7M | −$24.6M | −$122.5M | −$4.4M |
| Total assets | $5.8M | $5.3M | $49.1M | $22.3M | $31.5M | $3.7M |
| Total liabilities | $3.4M | $3.6M | $46.9M | $10.2M | $6.0M | $2.9M |
| Equity | $2.4M | $1.7M | $2.2M | $12.1M | $25.5M | $851,000 |
| EPS (diluted) | $-2.24 | $-48.96 | $-4.08 | $-8.06 | $-56.61 | $-1.51 |
| Shares out. | 52.2M | 5.4M | 5.1M | 57.5M | 3.0M | 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 · FY2025- Operating margin
- —
- Net margin
- —
- Return on equity
- −586.6%
- Return on assets
- −241.4%
- Return on capital (ROCE)
- −342.5%
- Liabilities / assets
- 58.8%
- Debt / equity
- 1.43×
- Book value / share
- $0.05
- 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 · FY2025- Altman Z″ (distress)
- -147.24distress
- Accruals / assets
- −121.1%clean
- Piotroski F-Score
- 4/7mixed
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. What these scores mean →
Signs
● 2 severe● 1 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- 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-Qmissed a reporting deadline ↗May 17, 2022
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
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.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Clear Street LlcPassive (13G)May 20, 2026
- Freebird Partners LpPassive (13G)May 15, 2026
- Halpern John DPassive (13G)May 15, 2026
- Bleichroeder LpPassive (13G)May 14, 2026
- Konar ShameekPassive (13G)May 13, 2026
- Cherington CharlesActivist (13D)Feb 17, 2026
- Iaf, LlcPassive (13G)Aug 18, 2025
- Singer Nicholas JasonPassive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 162,618 | 1.0 | +21.7% |
| Apr 30, 2026 | 133,586 | 1.0 | -33.6% |
| Apr 15, 2026 | 201,143 | 1.0 | +25.4% |
| Mar 31, 2026 | 160,378 | 1.0 | +74.1% |
| Mar 13, 2026 | 92,109 | 1.0 | -62.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Amended charter or bylawsMay 4, 2026
- Delisting / listing-standard noticeMar 20, 2026
- Regulation FD disclosureFeb 26, 2026
- Entered a material agreement · Other material eventFeb 11, 2026
- Regulation FD disclosureDec 11, 2025
- Changed auditorJul 7, 2025
- Amended charter or bylawsJun 12, 2025
- Unregistered equity sale · Other material eventJun 9, 2025
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 ↗- SCHEDULE 13G/AMay 20, 2026
- SCHEDULE 13G/AMay 15, 2026
- SCHEDULE 13G/AMay 15, 2026
- SCHEDULE 13GMay 14, 2026
- SCHEDULE 13GMay 14, 2026
- SCHEDULE 13G/AMay 13, 2026
- ARSMay 11, 2026
- DEFA14AMay 11, 2026
- DEF 14AMay 11, 2026
- 10-QMay 11, 2026
- 8-KMay 4, 2026
- DEF 14CApr 13, 2026
- PRE 14CApr 1, 2026
- EFFECTMar 30, 2026
- CORRESPMar 26, 2026
Event-driven situations (2)
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