Revenue
2018
2019
2020
2021
2022
2023
2024
2025
Lipocine Inc. (LPCN)
Price—Loading quote
Net income
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2015
2016
2017
2018
2021
2022
2023
2024
Total cash / debt
CashTotal debt
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $11.2M | −$2.9M | $500,000 | $16.1M | $0 | $164,990 | $428,031 | $0 | $0 | — | — | $0 | $7.7M | — |
| Research & development | $5.1M | $4.1M | $6.7M | $5.6M | $4.9M | $6.8M | $7.5M | $6.5M | $11.0M | $8.1M | $12.6M | $15.5M | $5.1M | $2.3M | — |
| Operating expenses | $12.3M | $12.4M | $15.1M | $12.6M | $13.0M | $18.0M | $13.1M | $11.8M | $21.2M | $19.2M | $18.4M | $20.5M | $10.7M | $3.8M | — |
| Operating income | −$10.4M | −$1.2M | −$17.9M | −$12.1M | $3.1M | −$18.0M | −$12.9M | −$11.3M | −$21.2M | −$19.2M | −$18.4M | −$20.5M | −$10.7M | $3.9M | — |
| EBITDAderived | −$10.3M | −$1.1M | −$17.9M | −$12.1M | $3.1M | −$18.0M | −$12.9M | −$11.3M | −$21.2M | −$19.2M | −$18.4M | −$20.5M | −$10.7M | $3.9M | — |
| Net income | −$9.6M | $8,352 | −$16.4M | −$10.8M | −$634,399 | −$21.0M | −$13.0M | −$11.7M | −$21.0M | −$19.0M | −$18.2M | −$20.4M | −$10.6M | $3.9M | −$5,162 |
| Basic EPSper diluted share | -$1.77 | — | -$3.10 | -$2.06 | -$0.01 | -$0.38 | -$0.50 | -$0.55 | -$1.05 | -$1.04 | -$1.11 | -$1.60 | -$1.44 | $0.85 | — |
| Diluted EPSper diluted share | -$1.69 | — | -$3.14 | -$2.15 | -$0.01 | -$0.38 | -$0.50 | -$0.55 | -$1.05 | -$1.04 | -$1.11 | -$1.60 | -$1.44 | $0.85 | — |
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Apr 7, 2026Form 4 | Higuchi John W.Director | BuyCommon stock | 40.0K | $2.03 | $81.2K | 203.8K |
| Apr 6, 2026Form 4 | Higuchi John W.Director | BuyCommon stock | 123.0K | $2.05 | $252.1K | 163.8K |
| Apr 6, 2026Form 4 | Patel Mahesh V.Chief Executive Officer | BuyCommon stock | 25.0K | $2.03 | $50.7K | 160.7K |
| Apr 2, 2026Form 4 | Patel Mahesh V.Chief Executive Officer | BuyCommon stock | 25.0K | $2.02 | $50.5K | 135.7K |