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APUS · AMEX · Biotechnology

Apimeds Pharmaceuticals US (APUS)

Developing a bee-venom knee-osteoarthritis therapy and Bitcoin-treasury infrastructure.

$1.74
vs last close+0.07 (+4.19%)
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Apimeds Pharmaceuticals US, IncAPUS
Health Care

Develops Apitox, a purified bee-venom biologic for knee-osteoarthritis pain, while building MindWave's institutional Bitcoin-treasury and blockchain services. Both segments were pre-revenue in the latest disclosures, with clinical approval and third-party financial infrastructure central to commercialization.

Pairs a clinical-stage biologic with a digital-asset treasury and blockchain-platform business. The BioBusiness segment develops Apitox, a purified honeybee-venom injection proposed for knee-osteoarthritis pain and inflammation. The Digital Assets segment, through MindWave, is developing corporate Bitcoin treasury controls, yield programs, validator services and risk-monitoring tools.

Runs its executive office from Matawan, New Jersey; the digital-asset operation is headquartered in Singapore and includes an operation in the United Arab Emirates. U.S. Apitox rights and historical data come from Apimeds Korea, which retains proprietary analytical and manufacturing methods and receives a perpetual royalty.

Neither segment had generated revenue in the latest disclosures. Apitox needs a successful late-stage trial and FDA approval; planned digital services depend on regulated custodians and other infrastructure partners because direct custody, execution and intermediation are not licensed operations.

Company facts

CEODr. Vin Menon and Sungjoon Chae
ListedMay 9, 2025
ExchangeAMEX
HeadquartersMatawan, NJ
CountryUnited States
Employees16
CIK0001894525
ISINUS03771D2018

Market cap$2.5M
EPS (ttm)−$49.29
P/E (ttm)−0.0339
ROE-59.0%
P/B0.0237
P/S
Dividend yieldDiv yield
Beta1.23vs XLV 0.04

No analyst consensus on record.

EPSReportedEstimate

May '25Aug '25Nov '25May '26Aug '26
Reported−$0.35−$0.26−$0.14−$22.60−$11.77
Estimate
Surprise

RevenueReportedEstimate

May '25Aug '25Nov '25May '26Aug '26
Reported
Estimate
Surprise
Estimate
Reported−$11.77
Estimate
Reported
View details

Debt to equity13.70%
Current ratio50.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$332.5K−$311.6K−$402.4K−$2.7M−$1.8M−$1.2M−$35.1M−$20.2M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$300.0K−$275.6K−$364.4K−$2.7M−$1.8M−$7.0M−$4.1M−$6.3M
YoY growthLoss narrowedLoss widenedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $278.4K · Total debt $14.6M · Total assets $127.6M · Shareholders' equity $106.4M

Revenue
$0
Operating income
−$6.3M
Net income
−$20.2M
View details

No dividends on record.

Institutions2.82%42.6K shares
7 holders · as of Jun 30, 2026
Other97.18%1.47M shares
remainder

1.51M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Hemenway Trust Co LLCInstitution
1.82%274,000as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
0.42%63,654as of Jun 30, 2026
Geode Capital Management, LLCInstitution
0.23%35,114as of Jun 30, 2026
Vanguard Fiduciary Trust CoInstitution
0.16%24,039as of Jun 30, 2026
Jane Street Group, LLCInstitution
0.11%15,993as of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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Compare

CompanyPriceChange
Apimeds Pharmaceuticals US$1.74+4.19%$2.5M
Coinbase$199.35−0.85%$53.04B305.09.6−18.5%
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Pacira BioSciences$24.93+3.38%$948.4M68.68.01.3+6.2%
Anika Therapeutics$21.05+1.69%$277.0M23.72.3+15.6%
Median68.6145.21.8+6.2%