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BLTE - Belite Bio, Inc

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Belite Bio, Inc

BLTE

NASDAQ

Belite Bio, Inc, a clinical-stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases. Its lead product candidate is LBS-008, an oral once-a-day treatment that can reduce and maintain the delivery of vitamin A to the eye to reduce the accumulation of toxic vitamin A by-products in ocular tissue that is in phase 3 clinical trial. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.

56.6 USD

-1.92 (-3.39%)

BLTE Financial Statements

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Total Revenue

0

0

0

0

Cost of Revenue

0

0

0

0

Gross Profit

0

0

0

0

Operating Expenses

11.46M

9.74M

10.47M

8.33M

Research and Development

7.25M

6.84M

9.08M

6.76M

Selling, General & Administrative Expenses

4.2M

2.9M

1.39M

1.56M

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

4.2M

2.9M

1.39M

1.56M

Other Expenses

0

0

0

463k

Operating Income

-11.46M

-9.74M

-10.47M

-8.33M

Total Other Income/Expenses Net

1.36M

1.06M

977k

463k

Income Before Tax

-10.1M

-8.68M

-9.49M

-7.87M

Income Tax

0

0

0

6k

Net Income

-10.1M

-8.68M

-9.49M

-7.87M

Basic EPS

-0.33

-0.28

-0.31

-0.27

EPS Diluted

-0.33

-0.28

-0.31

-0.27

Basic Average Shares

30.69M

30.69M

30.32M

29.68M

Diluted Average Shares

30.69M

30.69M

30.32M

29.68M

EBITDA

-7.58M

-9.74M

-10.44M

-8.29M

Retained Earning Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Retained Earnings (Previous Year)

0

0

0

-71.5M

Net Income

-10.1M

-8.68M

-9.49M

-7.87M

Stock Repurchases

0

0

0

0

Dividend Paid

0

0

0

0

Retained Earnings

-107.65M

0

0

0

Other Distributions

-107.65M

0

0

71.5M

PPE Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Gross PPE

965k

0

0

0

Annual Depreciation

0

0

34.75k

34.75k

Capital Expenditure

0

0

0

0

Net PPE

965k

0

-34.75k

-34.75k

Intangible and Goodwill Schedule

Quarter

2024 Q4

2024 Q3

2024 Q2

2024 Q1

Acquisitions and Adjustments

0

0

0

0

Goodwill (Previous Year)

0

0

0

0

Goodwill

0

0

0

0

All figures are in USD.

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