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Kiora Pharmaceuticals, Inc.
KPRXNASDAQ
Wall Street ScoreUnder review
$1.71USD$-0.05 (-2.84%)
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Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.
Who they are
Kiora Pharmaceuticals, Inc., a specialty pharmaceutical firm operating at the clinical stage, is dedicated to the creation and commercialization of treatments for various ophthalmic conditions across the United States. Its flagship therapeutic candidate, KIO-301, is a groundbreaking small molecule undergoing Phase 1 clinical trials. This innovative "photoswitch" aims to revitalize vision in individuals suffering from both inherited and age-related forms of retinal degeneration.
How they make money
Kiora Pharmaceuticals is a clinical-stage specialty pharmaceutical company that generates revenue primarily through collaboration and licensing agreements related to its proprietary drug development programs. As a clinical-stage entity, it does not currently have commercialized products and relies on capital raises and strategic partnerships to fund its research and development activities for retinal disease therapies.
Products & services
The company is developing KIO-301, a molecular photoswitch for retinitis pigmentosa and other retinal diseases, and KIO-104, a non-steroidal, immuno-modulatory small molecule for retinal inflammation.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Contract Research Organizations (CROs) — The company relies on third-party contract research organizations to conduct its clinical trials and preclinical studies.Source
Contract Manufacturing Organizations (CMOs) — The company utilizes third-party contract manufacturing organizations for the production of its drug candidates for clinical use.Source
Strengths
Proprietary pipeline of clinical-stage retinal disease therapiesSource
Risks
History of operating losses and dependence on additional financingSource
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•How long can KPRX fund negative free cash flow using its current cash position before it may need more debt or new shares?
•How is KPRX likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•What specifically needs to improve for KPRX to reach sustainable profitability?
•What future growth or profitability would be needed to justify KPRX's current valuation?
•What does the current fundamental change risk warning mean for the reliability or interpretation of KPRX's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
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Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for KPRX
Detected from reported data — verify before acting.
Debt service risk
Interest coverage is low (~-473.9x). Earnings may be strained to cover interest expense.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on KPRX.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Proprietary pipeline of clinical-stage retinal disease therapies.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Biotechnology industry.
−History of operating losses and dependence on additional financing.
−Clinical trial failure or delays.
−Regulatory approval uncertainties.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Debt
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Debt Cost5.4%
Debt Reduction YoY-544.1%
Debt / Equity0.02x
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Revenue
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Revenue YoY—
Revenue CAGR—
Net Margin—
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Asset
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Asset Growth YoY-33.5%
Liquidation/Share$4.11
Net Assets/MCap2.07x
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Capital
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Earnings Yield-96.8%
Buyback Yield0.0%
Debt Cost5.4%
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Management
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ROIC-93.5%
ROE-65.2%
ROA-46.2%
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Moat
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EPS Growth—
FCF/Share Growth—
Rev/Share Growth—
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Valuation
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Intrinsic Value—
Value Reference—
MOS—
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Buffett
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Revenue—
Moat—
Valuation—
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MOS
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MOS %—
Value Reference—
Deep Discount Reference—
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Financial
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Interest Coverage-473.9x
ROIC-93.5%
FCF Yield-88.8%
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Master
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Financial—
Valuation—
Debt—
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Resilience
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Survival Years1.7 yrs
Current Ratio5.99x
FCF Margin—
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Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailable
Current Price
$1.71
Model Intrinsic Value
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Difference
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Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Large reported revenue change: +132581.0%
Revenue changed sharply from 2020 to 2024. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
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$0.00
$16.0M
$0.00
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Cost of Revenue
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$25K
$0.00
$0.00
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Gross Profit
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-$25K
$16.0M
$0.00
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Research & Development
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$10.8M
$4.9M
$4.0M
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SG&A Expenses
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$5.7M
$5.5M
$4.7M
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Operating Expenses
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$9.4M
$11.5M
$12.6M
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EBITDA
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-$12.1M
$5.7M
-$12.4M
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Operating Income
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-$9.5M
$4.5M
-$12.6M
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Interest Expense
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$20K
$21K
$11K
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Income Before Tax
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-$12.1M
$5.7M
-$12.4M
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Income Tax Expense
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-$1.3M
$2.1M
$90K
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Net Income
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-$10.8M
$3.6M
-$12.5M
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Basic EPS
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$-2.64
$0.93
$-24.25
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Basic Shares
6.18M
4.10M
3.87M
538K
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Diluted Shares
6.18M
4.10M
4.13M
538K
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Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included cash levels, debt levels. Pressure indicators included EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
EPS declined 37.0%. Cash increased 588.2%. Total debt declined 22.6%.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
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5 Years
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10 Years
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Conservative Projection Rate
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Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
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The reliability percentage measures the strength of the supporting evidence—not the probability that the event will occur or that the stock will rise. Rumor Mill is separate from the WSS score.
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