GNLX · NASDAQ · Biotechnology

Genelux (GNLX)

Develops Olvi-Vec, an oncolytic virus therapy for platinum-resistant ovarian cancer.

$2.52
vs last close−0.09 (−3.64%)
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Genelux CorporationGNLX
Health Care

The clinical-stage pipeline centers on Olvi-Vec, a proprietary modified vaccinia-virus candidate designed to kill tumor cells and stimulate immune responses to tumor neoantigens. Its key program is the U.S. OnPrime registrational trial in platinum-resistant or refractory ovarian cancer.

Built from Loma Linda University research, the clinical-stage pipeline of oncolytic viral immunotherapies centers on Olvi-Vec (olvimulogene nanivacirepvec), a proprietary modified vaccinia-virus candidate. It is intended to selectively kill tumor cells and stimulate immune responses to each patient's tumor neoantigens.

Olvi-Vec is being evaluated in OnPrime/GOG-3076, a multicenter, randomized, open-label registrational trial for platinum-resistant or refractory ovarian cancer in the United States. The intended product model is an off-the-shelf personalized immunotherapy: one virus product is administered to different patients, with the expected immune response directed to each patient's tumor neoantigens.

Clinical execution of OnPrime is the material operating dependency.

Company facts

CEOThomas D. Zindrick, J.D.
ListedJan 26, 2023
ExchangeNASDAQ
HeadquartersWestlake Village, CA
CountryUnited States
Employees26
CIK0001231457
ISINUS36870H1032

Market cap$117.0M
EPS (ttm)−$0.8900
P/E (ttm)−2.93
ROE-195.4%
P/B7.26
P/S14,629.19
Dividend yieldDiv yield
Beta2.26vs XLV 0.33

Price target$16.00+513.0%Average of 3 analysts
ConsensusBuy2 of 3 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Oct 21, 2025Maxim GroupTarget
Target:
Target: $20
Oct 21, 2025Lake StreetTarget
Target:
Target: $16
Oct 21, 2025Loop Capital MarketsTarget
Target:
Target: $16

Next report
Nov 4, 26
estimated · in 42 days
EPS estimate
−$0.20
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.26−$0.21−$0.20−$0.21−$0.24−$0.20−$0.21Pending
Estimate−$0.17−$0.24−$0.22−$0.23−$0.22−$0.18−$0.20−$0.20
Surprise−52.9%+12.5%+9.1%+8.7%−9.1%−11.1%−6.8%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$452.0K$8.0KPending
Estimate$8.0K
Surprise0.0%
Estimate−$0.20
ReportedDue Nov 4, 2026
Estimate
ReportedDue Nov 4, 2026
View details

Debt to equity15.00%
Current ratio239.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$8.0K$0$0
Net income−$6.5M−$9.0M−$7.5M−$7.5M−$8.0M−$9.2M−$7.1M−$9.5M
Net margin0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$6.9M−$9.7M−$7.8M−$7.8M−$8.2M−$9.4M−$8.4M−$9.6M
YoY growthLoss widenedLoss widenedLoss narrowedLoss widenedLoss widenedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $18.7M · Total debt $2.4M · Total assets $26.2M · Shareholders' equity $16.1M

Revenue
$0
Operating income
−$9.6M
Net income
−$9.5M
View details

No dividends on record.

Institutions21.76%9.84M shares
73 holders · as of Jun 30, 2026
Insiders14.23%6.44M shares
13 holders · as of Sep 2, 2026
Strategic holders14.86%6.72M shares
2 holders · as of Nov 14, 2025
Other49.15%22.24M shares
remainder

45.25M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Armistice Capital, LLCStrategic
9.33%4.22Mfiled Nov 14, 2025
Aladar Szalay1Insider10 percent owner
6.93%3.13Mfiled Feb 17, 2026
Highbridge Capital Management, LLCStrategic
5.53%2.50Mfiled Oct 25, 2024
Woodward Diversified Capital, LLCInstitution
5.00%2.26Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.71%1.68Mas of Jun 30, 2026
  1. Aladar Szalay's transaction reports restate only vehicles that traded; the 2026 ownership statement (3.13M) is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 31, 2026Yong Yuofficer: Chief Scientific Officer−9,683$2.75
Aug 31, 2026Thomas Zindrickofficer: President and CEO−34,463$2.67
Aug 31, 2026Joseph Cappelloofficer: Chief Technical Officer−10,257$2.74
Aug 4, 2026Thomas Zindrickofficer: President and CEO−3,023$2.95
Aug 4, 2026Joseph Cappelloofficer: Chief Technical Officer−653$2.95
View details

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