Revenue
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| Research & development | $2.5M | $1.7M | $1.6M | $2.1M |
| Operating expenses | $160.4M | $4.7M | $3.2M | $1.6M |
| Operating income | −$160.4M | −$4.7M | −$3.2M | −$3.8M |
| EBITDA | −$160.4M | −$4.7M | −$3.3M | −$3.8M |
| Net income | −$160.4M | −$4.7M | $632,536 | −$419,390 |
| Basic EPSper basic share | -$0.78 | -$0.02 | -$0.02 | -$0.02 |
| Diluted EPSper diluted share | -$0.78 | -$0.02 | -$0.02 | -$0.02 |
Reported shareholders
| Holder | % owned |
|---|---|
Scilex, Inc. / Scilex Holding Co | ≈78.85%181.52M shares |
GAMMA Investing LLC | <0.01%116 shares |
RHUMBLINE ADVISERS | <0.01%30 shares |
Percentages use 230.21M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Sep 23, 2025Form 4 | Scilex Holding Co +1TenPercentOwner | SellCommon Stock | 554.8K | $16.00 | $8.88M | 500.0K |
| Sep 23, 2025Form 4 | Scilex Holding Co +1TenPercentOwner | SellCommon Stock · indirect | 11.95M | $16.00 | $191.12M | 181.80M |
| Aug 30, 2024Form 4 | Denali Capital Global Investments LLCTenPercentOwner | SellClass B Ordinary Shares · derivative | 500.0K | — | — | 1.43M |
| Aug 30, 2024Form 4 | Xu JiandongTenPercentOwner | SellClass B Ordinary Shares · derivative · indirect | 500.0K | — | — | 1.43M |