SequelSEC

TALPHERA, INC. TLPH

Pharmaceutical Preparations · CIK 0001427925 · Fiscal year ends 1231

Revenue
$1.00K
Fiscal year ended 2026-06-30
Operating income
-$14.75M
Fiscal year ended 2026-06-30
Free cash flow
Unavailable
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$8.30MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$0.17Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue296.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.5×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Pharmaceutical Preparations filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
R&D / revenue21546.4%96th
Operating margin-48157.1%4th
Net margin-51035.7%5th
SBC / revenue2496.4%93th
Current ratio5.49x63th

TALPHERA, INC. (TLPH) reported revenue of $1.00K and net income of -$15.08M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from TALPHERA, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Pharmaceutical Preparations.

Income

TALPHERA, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$1.00K
Cost of revenueUnavailable
Gross profitUnavailable
Operating income-$14.75M
Net income-$15.08M
Research & development$6.70M
Weighted-average diluted sharesUnavailable
Pretax incomeUnavailable
Income tax expenseUnavailable
Diluted EPSUnavailable
Selling, general & administrative$8.04M
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

TALPHERA, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$742.00K
Total assets$26.81M
Current assets$17.99M
Total liabilities$12.40M
Current liabilities$4.19M
Total equity incl. NCI$14.41M
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivableUnavailable
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$387.00K

Cash flow

TALPHERA, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow-$12.27M
Capital expendituresUnavailable
Investing cash flow-$15.96M
Financing cash flow$22.18M
Net change in cash-$6.05M
Stock-based compensation$794.00K
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortizationUnavailable

Derived

TALPHERA, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flowUnavailable
Gross marginUnavailable
Operating margin-1474700.0%
FCF marginUnavailable
SBC / revenue79400.0%
Current ratio4.29x
Revenue YoY growth-96.3%
Net margin-1507600.0%
R&D / revenue670400.0%
CapEx / revenueUnavailable
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TLPH in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-13View SEC filing
10-K · Filed 2026-03-23View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-14View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.