Revenue
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Harvard Apparatus Regenerative Technology, Inc. (HRGN)
Price$2.35Cached quote
Net income
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Total cash / debt
CashTotal debt
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $704,000 | $430,000 | $103,000 | $0 | $0 | $0 | $0 | $0 | $0 | $82,000 | $118,000 | $93,000 | $22,000 | $0 |
| Gross profit | $58,000 | $160,000 | $79,000 | $0 | — | — | — | — | $0 | −$34,000 | −$21,000 | $45,000 | $11,000 | $0 |
| Gross margin | 8.24% | 37.21% | 76.70% | — | — | — | — | — | — | −41.46% | −17.80% | 48.39% | 50.00% | — |
| Research & development | $2.7M | $2.3M | $3.1M | $1.7M | $1.6M | $2.1M | $4.9M | $3.9M | $7.6M | $7.6M | $4.8M | $5.1M | $4.6M | $4.0M |
| Operating expenses | $7.6M | $8.2M | $9.1M | $6.2M | $8.6M | $5.3M | $8.9M | $7.8M | $11.5M | $12.1M | $11.7M | $11.1M | $8.8M | $6.7M |
| Operating income | −$6.9M | −$7.7M | −$9.0M | −$6.2M | −$8.6M | −$5.3M | −$8.9M | −$7.8M | −$11.5M | −$12.1M | −$11.7M | −$11.1M | −$8.8M | −$6.7M |
| Operating margin | −982.24% | −1,796.74% | −8,728.16% | — | — | — | — | — | — | −14,787.80% | −9,916.10% | −11,889.25% | −40,077.27% | — |
| EBITDA | −$6.9M | −$7.7M | −$9.0M | −$6.1M | −$8.5M | −$5.1M | −$8.7M | −$7.6M | −$11.1M | −$11.7M | −$11.2M | −$10.7M | −$8.7M | −$6.7M |
| EBITDA margin | −981.53% | −1,793.49% | −8,694.17% | — | — | — | — | — | — | −14,234.15% | −9,511.02% | −11,498.92% | −39,359.09% | — |
| Net income | −$6.9M | −$7.7M | −$8.9M | −$6.1M | −$8.0M | −$4.9M | −$8.3M | −$7.5M | −$11.9M | −$11.6M | −$11.7M | −$11.1M | −$8.8M | −$6.7M |
| Net profit margin | −975.71% | −1,798.14% | −8,684.47% | — | — | — | — | — | — | −14,120.73% | −9,918.64% | −11,893.55% | −40,077.27% | — |
| Basic EPSper basic share | -$0.42 | -$0.52 | -$0.67 | -$0.55 | -$0.79 | -$0.55 | -$1.21 | -$1.69 | -$6.63 | -$14.49 | -$21.00 | -$28.20 | -$22.80 | -$17.40 |
| Diluted EPSper diluted share | -$0.42 | -$0.52 | -$0.67 | -$0.55 | -$0.79 | -$0.55 | -$1.21 | -$1.69 | -$6.63 | -$14.49 | -$21.00 | -$28.20 | -$22.80 | -$17.40 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
DST Capital LLC | 3.76M |
Zhang Mao / STELLARS CAPITAL PRIVATE I Ltd | 2.11M |
He Junli | 280.58K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Nov 25, 2025Form 4 | He JunliCEO | BuyCommon Stock | 3.0K | $1.70 | $5.1K | 280.6K |
| Sep 30, 2025Form 4 | He JunliCEO | BuyCommon Stock | 300 | $1.98 | $594.00 | 277.6K |
| Sep 2, 2025Form 4 | He JunliCEO | BuyCommon Stock | 11.2K | $1.85 | $20.8K | 277.3K |
| Aug 21, 2025Form 4 | He JunliCEO | BuyCommon Stock | 4.0K | $1.72 | $7.0K | 266.1K |
| Dec 24, 2024Form 4 | He JunliCEO | BuyCommon Stock | 2.3K | $2.87 | $6.6K | 262.0K |