LTRN · Lantern Pharma Inc.
Lantern Pharma Inc (LTRN)
What's happening
- LTRN is up 1.04% today, trading at $0.67. — Live quote
- It's trading within 3% of its 52-week low ($0.60). (Finnhub fundamentals)
- Volume today (2,501) is well below its 3-month average of 203,880. (Finnhub fundamentals)
- Reports earnings on 2026-11-11, 20 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-0.57 actual vs. $-0.39 estimated (-47.1%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (8 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $51.9M | $15.0M | $5.8M | $4.4M | $4.7M |
| P/E | -2.74 | -0.92 | -0.33 | -0.24 | -0.24 |
| Price/Book | -16.12 | 4.36 | 0.61 | 0.35 | 0.28 |
| ROE | 587.76% | -475.21% | -183.07% | -146.40% | -115.89% |
| ROA | -219.82% | -226.70% | -128.80% | -105.24% | -92.16% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 8-K, filed 2026-10-01; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Trailing 52-week price return is -84.0%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on LTRN
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Operating income | -$3.5M | -$3.4M | -$4.3M | -$4.7M | -$4.8M | -$5.2M | -$5.4M | -$5.7M |
| Net income | -$7.1M | -$3.3M | -$4.2M | -$4.3M | -$4.5M | -$4.5M | -$5.0M | -$5.4M |
| EPS (diluted) | $-0.57 | $-0.30 | $-0.39 | $-0.40 | $-0.42 | $-0.42 | $-0.46 | $-0.51 |
| EPS (basic) | $-0.57 | $-0.30 | $-0.39 | $-0.40 | $-0.42 | $-0.42 | $-0.46 | $-0.51 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $8.6M | $7.2M | $11.0M | $13.6M | $17.4M | $21.1M | $25.6M | $30.3M |
| Total liabilities | $11.8M | $3.8M | $4.5M | $4.0M | $4.9M | $4.3M | $4.4M | $3.7M |
| Stockholders' equity | -$3.2M | $3.4M | $6.5M | $9.6M | $12.5M | $16.8M | $21.2M | $26.6M |
| Total current assets | $8.5M | $7.1M | $10.8M | $13.5M | $17.2M | $20.8M | $25.2M | $29.9M |
| Total current liabilities | $4.3M | $3.8M | $4.5M | $4.0M | $4.9M | $4.3M | $4.3M | $3.6M |
| Cash & equivalents | $6.7M | $4.9M | $4.4M | $8.4M | $6.1M | $6.4M | $7.5M | $8.1M |
| Marketable securities (current) | $701.1K | $1.4M | $5.7M | $4.0M | $9.8M | $13.3M | $16.5M | $20.0M |
| Other current assets | — | — | — | — | — | — | — | — |
| Marketable securities (non-current) | — | — | — | — | — | — | — | — |
| Property, plant & equipment | $24.3K | $28.0K | $31.9K | $36.0K | $39.5K | $44.0K | $47.4K | $48.9K |
| Other non-current assets | $26.1K | $26.1K | $36.7K | $36.7K | $36.7K | $36.7K | $36.7K | $36.7K |
| Accounts payable | — | — | — | — | — | — | — | — |
| Common stock & paid-in capital | $1.3K | $1.1K | $1.1K | $1.1K | $1.1K | $1.1K | $1.1K | $1.1K |
| Retained earnings | -$103.5M | -$96.5M | -$93.1M | -$89.1M | -$84.9M | -$80.6M | -$76.0M | -$70.2M |
| Accumulated other comprehensive income (loss) | -$39.8K | -$35.6K | $25.4K | $40.3K | $48.0K | $131.7K | $154.0K | -$25.3K |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.9M | -$3.8M | -$2.8M | -$4.6M | -$3.9M | -$4.4M | -$4.0M | -$5.6M |
| Investing cash flow | $692.2K | $4.2M | -$1.7M | $5.9M | $3.6M | $3.2M | $3.4M | $680.3K |
| Financing cash flow | $4.0M | — | $526.5K | $971.8K | — | — | $0 | $12.0K |
| Free cash flow | — | — | -$2.8M | -$4.6M | -$3.9M | -$4.4M | -$4.0M | -$5.6M |
| Capital expenditures | — | — | $1 | $555 | $0 | $1.2K | $3.1K | $3.0K |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $548.2K | — | $342.6K | $143.7K | $160.6K | $147.8K | $517.9K | $179.2K |
| Change in accounts payable | — | — | — | — | — | — | — | — |
| Purchases of investments | — | — | $4.2M | $2.1M | $3.5M | $5.0M | -$201.0K | $3.1M |
| Share repurchases | — | — | — | — | — | — | — | — |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating income | -$18.0M | -$22.2M | -$17.9M | -$14.4M | -$12.6M |
| Net income | -$17.1M | -$20.8M | -$16.0M | -$14.3M | -$12.4M |
| EPS (diluted) | $-1.57 | $-1.93 | $-1.47 | $-1.31 | — |
| EPS (basic) | $-1.57 | $-1.93 | $-1.47 | $-1.31 | $-1.13 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $11.0M | $25.6M | $43.6M | $58.8M | $74.0M |
| Total liabilities | $4.5M | $4.4M | $2.7M | $2.8M | $2.4M |
| Stockholders' equity | $6.5M | $21.2M | $40.9M | $56.0M | $71.6M |
| Total current assets | $10.8M | $25.2M | $43.3M | $58.7M | $72.7M |
| Total current liabilities | $4.5M | $4.3M | $2.7M | $2.8M | $2.3M |
| Cash & equivalents | $4.4M | $7.5M | $21.9M | $37.2M | $51.5M |
| Marketable securities (current) | $5.7M | $16.5M | $19.4M | $18.0M | $19.2M |
| Property, plant & equipment | $31.9K | $47.4K | $52.1K | $48.0K | $30.2K |
| Other non-current assets | $36.7K | $36.7K | $25.9K | $17.9K | $17.9K |
| Common stock & paid-in capital | $1.1K | $1.1K | $1.1K | $1.1K | $1.1K |
| Retained earnings | -$93.1M | -$76.0M | -$55.2M | -$39.3M | -$25.0M |
| Accumulated other comprehensive income (loss) | $25.4K | $154.0K | -$107.5K | -$371.4K | -$92.7K |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$15.7M | -$17.8M | -$14.3M | -$12.8M | -$10.6M |
| Investing cash flow | $11.1M | $3.4M | -$930.2K | $179.3K | -$19.5M |
| Financing cash flow | $1.5M | $66.7K | -$500.0K | -$2.2M | $63.4M |
| Free cash flow | -$15.7M | -$17.8M | -$14.4M | -$12.8M | -$10.6M |
| Capital expenditures | $1.7K | $12.6K | $18.7K | $27.8K | $15.5K |
| Depreciation & amortization | — | — | $14.6K | $10.1K | $6.8K |
| Share-based compensation | $651.0K | $652.0K | $1.0M | $1.2M | $961.5K |
| Change in accounts payable | — | — | — | — | — |
| Purchases of investments | $14.7M | $17.3M | $8.2M | $3.9M | $19.6M |
| Share repurchases | — | — | $500.0K | $2.5M | $939.7K |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding LTRN as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2024-07-24 to 2026-05-12
Recent transactions
- Insiders have net bought 97,088 shares over the last 182 days, across 2 purchases and 0 sales.
- Most recent: Schalop Lee Troy (Director) — Open market purchase of 48,544 shares on 2026-05-12.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Schalop Lee Troy | Director | Open market purchase | 2026-05-12 | 48,544 |
| KEYSER D JEFFREY | Director | Open market purchase | 2026-05-12 | 48,544 |
| Fletcher Aaron G.L. | 10% owner | Open market sale | 2025-06-13 | 7,206 |
| Kreis Leslie W. | 10% owner | Open market sale | 2025-06-13 | 7,206 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-05-12 | Schalop Lee Troy | Director | Open market purchase | 48,544 | $2.06 |
| 2026-05-12 | KEYSER D JEFFREY | Director | Open market purchase | 48,544 | $2.06 |
| 2025-06-13 | Fletcher Aaron G.L. | 10% owner | Open market sale | 7,206 | $3.09 |
| 2025-06-13 | Fletcher Aaron G.L. | 10% owner | Open market sale | 12,319 | $3.09 |
| 2025-06-13 | Fletcher Aaron G.L. | 10% owner | Open market sale | 1,903 | $3.09 |
| 2025-06-13 | Fletcher Aaron G.L. | 10% owner | Open market sale | 14,218 | $3.09 |
| 2025-06-13 | Fletcher Aaron G.L. | 10% owner | Open market sale | 4,354 | $3.09 |
| 2025-06-13 | Kreis Leslie W. | 10% owner | Open market sale | 7,206 | $3.09 |
| 2025-06-13 | Kreis Leslie W. | 10% owner | Open market sale | 12,319 | $3.09 |
| 2025-06-13 | Kreis Leslie W. | 10% owner | Open market sale | 1,903 | $3.09 |
| 2025-06-13 | Kreis Leslie W. | 10% owner | Open market sale | 14,218 | $3.09 |
| 2025-06-13 | Kreis Leslie W. | 10% owner | Open market sale | 4,354 | $3.09 |
| 2025-06-12 | Fletcher Aaron G.L. | 10% owner | Open market sale | 10,925 | $3.38 |
| 2025-06-12 | Fletcher Aaron G.L. | 10% owner | Open market sale | 18,678 | $3.38 |
| 2025-06-12 | Fletcher Aaron G.L. | 10% owner | Open market sale | 2,886 | $3.38 |
| 2025-06-12 | Fletcher Aaron G.L. | 10% owner | Open market sale | 21,557 | $3.38 |
| 2025-06-12 | Fletcher Aaron G.L. | 10% owner | Open market sale | 6,601 | $3.38 |
| 2025-06-12 | Kreis Leslie W. | 10% owner | Open market sale | 10,925 | $3.38 |
| 2025-06-12 | Kreis Leslie W. | 10% owner | Open market sale | 18,678 | $3.38 |
| 2025-06-12 | Kreis Leslie W. | 10% owner | Open market sale | 2,886 | $3.38 |
| 2025-06-12 | Kreis Leslie W. | 10% owner | Open market sale | 21,557 | $3.38 |
| 2025-06-12 | Kreis Leslie W. | 10% owner | Open market sale | 6,601 | $3.38 |
| 2025-06-11 | Fletcher Aaron G.L. | 10% owner | Open market sale | 171 | $3.40 |
| 2025-06-11 | Fletcher Aaron G.L. | 10% owner | Open market sale | 293 | $3.40 |
| 2025-06-11 | Fletcher Aaron G.L. | 10% owner | Open market sale | 45 | $3.40 |
| 2025-06-11 | Fletcher Aaron G.L. | 10% owner | Open market sale | 338 | $3.40 |
| 2025-06-11 | Fletcher Aaron G.L. | 10% owner | Open market sale | 103 | $3.40 |
| 2025-06-11 | Kreis Leslie W. | 10% owner | Open market sale | 171 | $3.40 |
| 2025-06-11 | Kreis Leslie W. | 10% owner | Open market sale | 293 | $3.40 |
| 2025-06-11 | Kreis Leslie W. | 10% owner | Open market sale | 45 | $3.40 |
| 2025-06-11 | Kreis Leslie W. | 10% owner | Open market sale | 338 | $3.40 |
| 2025-06-11 | Kreis Leslie W. | 10% owner | Open market sale | 103 | $3.40 |
| 2025-06-10 | Fletcher Aaron G.L. | 10% owner | Open market sale | 3 | $3.40 |
| 2025-06-10 | Fletcher Aaron G.L. | 10% owner | Open market sale | 5 | $3.40 |
| 2025-06-10 | Fletcher Aaron G.L. | 10% owner | Open market sale | 1 | $3.40 |
| 2025-06-10 | Fletcher Aaron G.L. | 10% owner | Open market sale | 5 | $3.40 |
| 2025-06-10 | Fletcher Aaron G.L. | 10% owner | Open market sale | 2 | $3.40 |
| 2025-06-10 | Kreis Leslie W. | 10% owner | Open market sale | 3 | $3.40 |
| 2025-06-10 | Kreis Leslie W. | 10% owner | Open market sale | 5 | $3.40 |
| 2025-06-10 | Kreis Leslie W. | 10% owner | Open market sale | 1 | $3.40 |
| 2025-06-10 | Kreis Leslie W. | 10% owner | Open market sale | 5 | $3.40 |
| 2025-06-10 | Kreis Leslie W. | 10% owner | Open market sale | 2 | $3.40 |
| 2025-05-29 | Fletcher Aaron G.L. | 10% owner | Open market sale | 3,639 | $3.03 |
| 2025-05-29 | Fletcher Aaron G.L. | 10% owner | Open market sale | 6,221 | $3.03 |
| 2025-05-29 | Fletcher Aaron G.L. | 10% owner | Open market sale | 961 | $3.03 |
| 2025-05-29 | Fletcher Aaron G.L. | 10% owner | Open market sale | 7,180 | $3.03 |
| 2025-05-29 | Fletcher Aaron G.L. | 10% owner | Open market sale | 2,199 | $3.03 |
| 2025-05-29 | Kreis Leslie W. | 10% owner | Open market sale | 3,639 | $3.03 |
| 2025-05-29 | Kreis Leslie W. | 10% owner | Open market sale | 6,221 | $3.03 |
| 2025-05-29 | Kreis Leslie W. | 10% owner | Open market sale | 961 | $3.03 |
| 2025-05-29 | Kreis Leslie W. | 10% owner | Open market sale | 7,180 | $3.03 |
| 2025-05-29 | Kreis Leslie W. | 10% owner | Open market sale | 2,199 | $3.03 |
| 2025-05-28 | Fletcher Aaron G.L. | 10% owner | Open market sale | 2,702 | $2.87 |
| 2025-05-28 | Fletcher Aaron G.L. | 10% owner | Open market sale | 4,620 | $2.87 |
| 2025-05-28 | Fletcher Aaron G.L. | 10% owner | Open market sale | 714 | $2.87 |
| 2025-05-28 | Fletcher Aaron G.L. | 10% owner | Open market sale | 5,332 | $2.87 |
| 2025-05-28 | Fletcher Aaron G.L. | 10% owner | Open market sale | 1,632 | $2.87 |
| 2025-05-28 | Kreis Leslie W. | 10% owner | Open market sale | 2,702 | $2.87 |
| 2025-05-28 | Kreis Leslie W. | 10% owner | Open market sale | 4,620 | $2.87 |
| 2025-05-28 | Kreis Leslie W. | 10% owner | Open market sale | 714 | $2.87 |
Showing the most recent 60 transactions.
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 09:14 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-01 | 8-K | 2026-09-25 | View on SEC.gov → |
| 2026-09-30 | 8-K | 2026-09-28 | View on SEC.gov → |
| 2026-09-24 | 8-K | 2026-09-23 | View on SEC.gov → |
| 2026-09-23 | 8-K | 2026-09-23 | View on SEC.gov → |
| 2026-08-14 | 8-K | 2026-08-14 | View on SEC.gov → |
| 2026-08-14 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-03 | 8-K | 2026-08-03 | View on SEC.gov → |
| 2026-06-02 | 8-K | 2026-06-01 | View on SEC.gov → |
| 2026-05-15 | 8-K | 2026-05-15 | View on SEC.gov → |
| 2026-05-15 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-05-14 | 8-K | 2026-05-12 | View on SEC.gov → |
| 2026-05-14 | 4 | 2026-05-12 | View on SEC.gov → |
Recent news
Headlines about LTRN (Lantern Pharma Inc.). Links open the publisher — we don’t host full articles.
-
LTRN DEF 14A & SEC Filings
Yahoo Finance · 2026-10-19 -
Lantern Pharma to Present at the ThinkEquity Conference in NYC on October 15th, 2026
Yahoo Finance · 2026-10-08 -
Lantern Pharma secures Taiwan clearances for Phase II NSCLC study
Yahoo Finance · 2026-10-08 -
Lantern Pharma Receives Taiwan Approvals to Open Next Stage of Phase 2 HARMONIC™ Trial of LP-300 in Never-Smoker, EGFR-Mutant NSCLC
Yahoo Finance · 2026-10-07 -
Lantern Pharma Inc. Announces Closing of up to $8 Million Registered Direct Offering
Yahoo Finance · 2026-09-30 -
Lantern Pharma announces up to $8M registered direct offering
Seeking Alpha · 2026-09-29 -
Lantern Pharma Inc. (LTRN) Discusses Open-Medicine AI Platform Roadmap, Business Model, and Value Proposition for Therapeutic Development - Slideshow
Seeking Alpha · 2026-09-24 -
Lantern Pharma Inc. (LTRN) Discusses Open-Medicine AI Platform Roadmap, Business Model, and Value Proposition for Therapeutic Development Transcript
Seeking Alpha · 2026-09-23
No headlines in this category right now — try “All”.