Ikt.O
IKT.O is a biotechnology company within the Health Care sector, currently operating with zero revenue and negative net income, relying on cash reserves to fund operations.
Business. IKT.O is a biotechnology company within the Health Care sector, currently operating with zero revenue and negative net income, relying on cash reserves to fund operations.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
IKT.O is a biotechnology company within the Health Care sector, currently operating with zero revenue and negative net income, relying on cash reserves to fund operations.
(a) Capital structure and liquidity are characterized by a net cash position, with total assets of $98.6 million and total liabilities of $3.7 million, resulting in a debt-to-equity ratio of 0.0. The company holds $97.5 million in cash and equivalents, which significantly exceeds its total liabilities, providing a strong liquidity buffer despite the risk assessment flagging liquidity as low, likely due to the absence of operating cash inflows.
(b) Profitability is negative, with a net income of -$27.5 million and an operating income of -$28.6 million. Return on equity stands at -29.01%, and return on assets is -27.91%, indicating that the company is currently destroying value relative to its capital base. Without cohort median data for comparison, these metrics reflect the typical burn profile of a pre-revenue biotechnology firm.
- The company holds a strong net cash position of $97.5 million against $3.7 million in liabilities.
- Net income is -$27.5 million, with a negative return on equity of -29.01%.
- Revenue is $0.0, indicating a pre-commercial stage with no current sales.
- Dilution risk is assessed as low, with no immediate flags for share issuance.
- Classification confidence is low (0.20), reflecting uncertainty in the company's specific industry positioning.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (Right to Buy) → Common StockDisposed 21 854 @ $1,26exercise · 2026-07-30
- 10% owner · Pre-Funded Warrant (Right to Buy) → Common StockAcquired 18 030 000 @ $0,00other · 2026-07-29
- Director · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
- Director · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
- Director · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
- Director · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
- Director · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
- Director · Stock Option (Right to Buy) → Common StockAcquired 155 000 @ $1,91grant · 2026-06-26
- Director, Chief Executive Officer · Stock Option (Right to Buy) → Common StockAcquired 4 982 706 @ $2,01grant · 2026-01-05
- Chief Financial Officer · Stock Option (Right to Buy) → Common StockAcquired 986 319 @ $2,01grant · 2026-01-05
- President & Head of R&D · Stock Option (Right to Buy) → Common StockAcquired 900 117 @ $2,01grant · 2026-01-05
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Equitynet_income / total_equity
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Assetsnet_income / total_assets
- INHIBIKASE THERAPEUTICS, INC. Market data — financials · 2026-07-30
- reconciler_enqueue (reconciler) on IKT.O · 2026-07-30
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$9M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Milton H. WernerPresident, Chief Executive Officer, Director
Insider activity
- Director · Common StockOther 21 854 @ $1,26$28K · 2026-07-30
- 10% owner · Common StockOther 18 030 000 · 2026-07-29
- Director · Common StockOther 19 089 · 2026-02-21
- Director · Common StockOther 255 299 · 2026-02-21
- President & Head of R&D · Common StockOther 338 282 · 2026-02-21
- 10% owner · Common StockBought 2 068 965 @ $1,45$3,0M · 2025-11-21
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Operating income (annual): USD -51.97MUnknown
- EPS (diluted) (annual): USD-PER-SHARES -0Unknown
- Capex (annual): USD 13.4KUnknown
- Pre-tax income (annual): USD -48.26KUnknown
- Operating cash flow (annual): USD -27.79MUnknown
- Current assets (annual): USD 180.11MUnknown
- Shares outstanding (annual): 131.69MUnknown
- EPS (basic) (annual): USD-PER-SHARES -0Unknown
- Cash & equivalents (annual): USD 178.8MUnknown
- Current liabilities (annual): USD 8.3MUnknown
- Total liabilities (annual): USD 8.3MUnknown
- R&D expense (annual): USD 29.79MUnknown
- Total assets (annual): USD 181.2MUnknown
- Net income (annual): USD -48.26MUnknown
- Shareholders' equity (annual): USD 172.9MUnknown
- Capex (annual): USD 0Unknown
- Net income (annual): USD -27.52MUnknown
- Cash & equivalents (annual): USD 97.5MUnknown
- Shares outstanding (annual): 69.36MUnknown
- Revenue (annual): USD 0Unknown
- EPS (diluted) (annual): USD-PER-SHARES -1Unknown
- R&D expense (annual): USD 17.21MUnknown
- Total assets (annual): USD 98.6MUnknown
- Current liabilities (annual): USD 3.73MUnknown