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FLNA · NASDAQ · Biotechnology

Filana Therapeutics (FLNA)

Developing simufilam, an oral small molecule, for TSC-related epilepsy.

$1.05
vs last close+0.31 (+41.31%)
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Filana Therapeutics, Inc.FLNA
Health Care

Develops simufilam, its sole named drug candidate, for TSC-related epilepsy and other possible CNS indications involving filamin A. With no approved products or product-sales revenue, progress depends on addressing the FDA clinical hold for its proposed trial.

Develops simufilam, an oral small molecule being investigated for TSC-related epilepsy and other possible central-nervous-system indications involving filamin A. This Austin-based clinical-stage biotechnology business centers on a single named candidate and has no approved products or product-sales revenue. Its stated mission is to develop therapies for CNS disorders involving dysregulation or overexpression of filamin A.

Current development follows a pivot away from the discontinued Alzheimer's program. The proposed proof-of-concept TSC-related-epilepsy trial remains on full FDA clinical hold while Filana addresses additional preclinical-information and protocol-modification requests. Advancing the program depends on FDA review, clinical development, regulatory approval, manufacturing supply, and commercialization capabilities.

Company facts

CEORichard J. (Rick) Barry
ListedMar 11, 2026
ExchangeNASDAQ
HeadquartersAustin, TX
CountryUnited States
Employees19
CIK0001069530
ISINUS14817C1071

Market cap$35.7M
EPS (ttm)−$0.8700
P/E (ttm)−0.8500
ROE-58.8%
P/B0.5616
P/S
Dividend yieldDiv yield
Beta1.76vs XLV 0.48

No analyst consensus on record.

Next report
Oct 29, 26
in 37 days
EPS estimate
−$0.25
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Jul '26Oct '26
Reported−$0.57−$0.48−$0.92−$0.22−$0.26−$0.21−$0.18Pending
Estimate−$0.58−$0.27−$0.30−$0.23−$0.23−$0.25
Surprise+2.3%+18.5%+13.3%+8.7%+20.0%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Jul '26Oct '26
ReportedPending
Estimate
Surprise
Estimate−$0.25
ReportedDue Oct 29, 2026
Estimate
ReportedDue Oct 29, 2026
View details

Debt to equity0.00%
Current ratio208.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$27.9M−$27.6M−$23.4M−$44.2M−$10.8M−$12.5M−$10.3M−$8.6M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$30.6M−$29.5M−$24.6M−$45.4M−$11.9M−$13.6M−$11.2M−$9.4M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $82.7M · Total debt $0 · Total assets $103.9M · Shareholders' equity $63.6M

Revenue
$0
Operating income
−$9.4M
Net income
−$8.6M
View details

No dividends on record.

No ownership filings on record for this listing.

  • Jazz Pharmaceuticals

    Epidiolex is an approved treatment for TSC-associated seizures

  • Novartis (ADR)

    Afinitor Disperz is approved adjunctive therapy for TSC seizures

  • LivaNova

    VNS Therapy offers neuromodulation for drug-resistant epilepsy

Compare

CompanyPriceChange
Filana Therapeutics$1.05+41.31%$35.7M
Jazz Pharmaceuticals$241.30−0.07%$15.17B16.59.63.3+15.6%
Novartis (ADR)$141.62+0.45%$267.96B21.315.14.8+0.9%
LivaNova$78.60+0.56%$4.29B23.117.82.9+10.8%
Median21.315.13.3+10.8%