BioXcel Therapeutics, Inc. (BTAI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BioXcel Therapeutics, Inc. (BTAI) stock price & volume — 10-year historical chart
BioXcel Therapeutics, Inc. (BTAI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
BioXcel Therapeutics, Inc. (BTAI) competitors in Neuroscience and Psychiatry Therapies — business model, growth, and fundamentals comparison
BioXcel Therapeutics, Inc. (BTAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BioXcel Therapeutics, Inc. (BTAI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 375K | 1.38M | 2.27M | 752K |
| Revenue Growth % | - | - | - | - | - | - | - | 268% | 64.2% | -66.96% |
| Cost of Goods Sold | 0 | 1K | 17K | 156K | 0 | 297K | 20K | 1.26M | 2.14M | 1.04M |
| COGS % of Revenue | - | - | - | - | - | - | 5.33% | 91.3% | 94.57% | - |
| Gross Profit | 0▲ 0% | -1K▲ 0% | -17K▼ 1600.0% | -156K▼ 817.6% | 0▲ 100.0% | -297K▲ 0% | 355K▲ 219.5% | 120K▼ 66.2% | 123K▲ 2.5% | -287K▲ 0% |
| Gross Margin % | - | - | - | - | - | - | 94.67% | 8.7% | 5.43% | -38.16% |
| Gross Profit Growth % | - | - | -1600% | -817.65% | 100% | - | 219.53% | -66.2% | 2.5% | - |
| Operating Expenses | 2.12M | 4.54M | 19.96M | 33.6M | 82.3M | 105.6M | 160M | 171.9M | 67.37M | 50.09M |
| OpEx % of Revenue | - | - | - | - | - | - | 42666.67% | 12456.67% | 2972.99% | - |
| Selling, General & Admin | 721K | 1.85M | 5.4M | 7.8M | 24.65M | 54.01M | 68.76M | 83.41M | 34.49M | 20.78M |
| SG&A % of Revenue | - | - | - | - | - | - | 18336.27% | 6044.42% | 1522.15% | - |
| Research & Development | 1.4M | 2.69M | 14.56M | 25.8M | 58.54M | 51.59M | 91.24M | 84.33M | 30.43M | 29.27M |
| R&D % of Revenue | - | - | - | - | - | - | 24330.4% | 6110.58% | 1343.12% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | -888K | 0 | 0 | 4.16M | 2.44M | 32K |
| Operating Income | -2.12M▲ 0% | -4.54M▼ 114.0% | -19.96M▼ 340.0% | -33.6M▼ 68.3% | -82.3M▼ 144.9% | -105.89M▼ 28.7% | -159.65M▼ 50.8% | -171.78M▼ 7.6% | -67.25M▲ 60.9% | -50.37M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | -42572% | -12447.97% | -2967.56% | -6698.4% |
| Operating Income Growth % | - | -114.01% | -339.98% | -68.32% | -144.92% | -28.67% | -50.76% | -7.6% | 60.85% | - |
| EBITDA | 0 | -4.54M | -19.95M | -33.45M | -82.11M | -105.6M | -159.32M | -171.46M | -66.94M | -50.07M |
| EBITDA Margin % | - | - | - | - | - | - | -42484.8% | -12424.93% | -2953.93% | -6658.11% |
| EBITDA Growth % | - | - | -339.7% | -67.69% | -145.5% | -28.61% | -50.87% | -7.62% | 60.96% | 34.19% |
| D&A (Non-Cash Add-back) | 2.12M | 1K | 17K | 156K | 188K | 297K | 327K | 318K | 309K | 303K |
| EBIT | -2.12M | -4.54M | -19.27M | -32.97M | -82.3M | -107.29M | -157.54M | -165.74M | -44.47M | -51.59M |
| Net Interest Income | 0 | -2K | 0 | 633K | 128K | -36K | -5.68M | -7.67M | -12.53M | -10.74M |
| Interest Income | 0 | 0 | 0 | 633K | 155K | 4K | 2.53M | 5.65M | 2.6M | 1.89M |
| Interest Expense | 0 | 2K | 0 | 0 | 27K | 40K | 8.21M | 13.31M | 15.13M | 12.63M |
| Other Income/Expense | 0 | -2K | 692K | 633K | 128K | -1.4M | -6.11M | -7.27M | 7.65M | -17.84M |
| Pretax Income | -2.12M▲ 0% | -4.54M▼ 114.1% | -19.27M▼ 324.5% | -32.97M▼ 71.1% | -82.17M▼ 149.2% | -107.29M▼ 30.6% | -165.76M▼ 54.5% | -179.05M▼ 8.0% | -59.6M▲ 66.7% | -68.21M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | -44201.87% | -12974.86% | -2630.14% | -9070.61% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | -362K | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0.34% | 0% | 0% | 0% | 0% |
| Net Income | -2.12M▲ 0% | -4.54M▼ 114.1% | -19.27M▼ 324.5% | -32.34M▼ 67.8% | -82.17M▼ 154.1% | -106.93M▼ 30.1% | -165.76M▼ 55.0% | -179.05M▼ 8.0% | -59.6M▲ 66.7% | -68.21M▲ 0% |
| Net Margin % | - | - | - | - | - | - | -44201.87% | -12974.86% | -2630.14% | -9070.61% |
| Net Income Growth % | - | -114.1% | -324.54% | -67.8% | -154.12% | -30.14% | -55.01% | -8.02% | 66.71% | 3.92% |
| Net Income (Continuing) | -2.12M | -4.54M | -19.27M | -32.97M | -82.17M | -106.93M | -165.76M | -179.05M | -59.6M | -68.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -2.06▲ 0% | -4.41▼ 114.1% | -21.16▼ 379.8% | -32.38▼ 53.0% | -60.63▼ 87.2% | -64.87▼ 7.0% | -94.67▼ 45.9% | -98.35▼ 3.9% | -23.51▲ 76.1% | -4.80▲ 0% |
| EPS Growth % | - | -114.08% | -379.82% | -53.02% | -87.25% | -6.99% | -45.94% | -3.89% | 76.1% | 71.83% |
| EPS (Basic) | -2.06 | -4.41 | -21.16 | -32.38 | -60.63 | -64.87 | -94.67 | -98.35 | -23.51 | - |
| Diluted Shares Outstanding | 1.03M | 1.03M | 910.72K | 1.02M | 1.36M | 1.65M | 1.75M | 1.82M | 2.54M | 14.2M |
| Basic Shares Outstanding | 1.03M | 1.03M | 910.72K | 1.02M | 1.36M | 1.65M | 1.75M | 1.82M | 2.54M | 14.2M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
BioXcel Therapeutics, Inc. (BTAI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2K | 890K | 43.17M | 34.11M | 217.06M | 236.81M | 202.87M | 72.14M | 37.39M | 44.4M |
| Cash & Short-Term Investments | 0 | 887K | 42.56M | 32.43M | 213.12M | 232.97M | 193.72M | 65.22M | 29.85M | 37.32M |
| Cash Only | 0 | 887K | 42.56M | 32.43M | 213.12M | 232.97M | 193.72M | 65.22M | 29.85M | 37.32M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 115K | 0 | 0 | 0 | 248K | 71K | 131K | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | 241.39 | 18.78 | 21.1 | 17.96 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 1.99M | 1.99M | 679K | 459K |
| Days Inventory Outstanding | - | - | - | - | - | - | 36.23K | 576.76 | 115.65 | 200.77 |
| Other Current Assets | 0 | 0 | 0 | 0 | 984K | 956K | 3.84M | 2.08M | 1.44M | 934K |
| Total Non-Current Assets | 5K | 465K | 378K | 2.29M | 2.87M | 2.63M | 2.98M | 1.56M | 944K | 389K |
| Property, Plant & Equipment | 5K | 4K | 327K | 2.23M | 2.78M | 2.54M | 2.06M | 1.47M | 857K | 389K |
| Fixed Asset Turnover | - | - | - | - | - | - | 0.18x | 0.94x | 2.64x | 1.21x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 461K | 51K | 51K | 87K | 86K | 925K | 87K | 87K | 174K |
| Total Assets | 7K▲ 0% | 1.35M▲ 19257.1% | 43.55M▲ 3113.9% | 36.39M▼ 16.4% | 219.94M▲ 504.4% | 239.44M▲ 8.9% | 205.85M▼ 14.0% | 73.7M▼ 64.2% | 38.34M▼ 48.0% | 44.79M▲ 0% |
| Asset Turnover | - | - | - | - | - | - | 0.00x | 0.02x | 0.06x | 0.02x |
| Asset Growth % | - | 19257.14% | 3113.95% | -16.43% | 504.35% | 8.87% | -14.03% | -64.2% | -47.98% | -170.11% |
| Total Current Liabilities | 331K | 2.34M | 4.66M | 8.47M | 11.84M | 16.67M | 32.9M | 27.27M | 22.23M | 37.8M |
| Accounts Payable | 279K | 444K | 1.6M | 4.95M | 3.98M | 4.68M | 10.23M | 13.65M | 15.99M | 16.28M |
| Days Payables Outstanding | - | 162.06K | 34.44K | 11.59K | - | 5.75K | 186.66K | 3.96K | 2.72K | 5.66K |
| Short-Term Debt | 0 | 371K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.98M |
| Deferred Revenue (Current) | 0 | 0 | 0 | -164K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 2.04M | 2.07M | 3.97M | 6.46M | 163K | 142K | 4.41M |
| Current Ratio | 0.01x | 0.38x | 9.26x | 4.03x | 18.33x | 14.21x | 6.17x | 2.65x | 1.68x | 1.68x |
| Quick Ratio | 0.01x | 0.38x | 9.26x | 4.03x | 18.33x | 14.21x | 6.11x | 2.57x | 1.65x | 1.65x |
| Cash Conversion Cycle | - | - | - | - | - | - | -150.19K | -3.36K | -2.59K | -5.44K |
| Total Non-Current Liabilities | 0 | 0 | 0 | 1.03M | 1.4M | 1.1M | 96.18M | 102.94M | 109.21M | 95.91M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 93.05M | 100.6M | 102.51M | 92.3M |
| Capital Lease Obligations | 0 | 0 | 0 | 1.03M | 1.4M | 1.1M | 786K | 440K | 65K | 65K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 2.34M | 1.91M | 6.63M | 16.12M |
| Total Liabilities | 331K | 2.34M | 4.66M | 9.5M | 13.24M | 17.77M | 129.08M | 130.21M | 131.44M | 133.71M |
| Total Debt | 0 | 371K | 0 | 1.03M | 1.64M | 1.4M | 94.16M | 101.38M | 102.95M | 109.29M |
| Net Debt | 0 | -516K | -42.56M | -31.4M | -211.48M | -231.57M | -99.57M | 36.16M | 73.09M | 71.97M |
| Debt / Equity | - | - | - | 0.04x | 0.01x | 0.01x | 1.23x | - | - | -1.23x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -2.18x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -1.44x |
| Interest Coverage | - | -2268.50x | - | - | -3048.04x | -2647.38x | -19.44x | -12.90x | -4.44x | -4.09x |
| Total Equity | -324K▲ 0% | -982K▼ 203.1% | 38.89M▲ 4060.2% | 26.89M▼ 30.8% | 206.7M▲ 668.5% | 221.67M▲ 7.2% | 76.78M▼ 65.4% | -56.51M▼ 173.6% | -93.1M▼ 64.8% | -88.92M▲ 0% |
| Equity Growth % | - | -203.09% | 4060.18% | -30.84% | 668.53% | 7.24% | -65.36% | -173.6% | -64.76% | -138.11% |
| Book Value per Share | -0.31 | -0.95 | 42.70 | 26.42 | 152.52 | 134.48 | 43.85 | -31.04 | -36.73 | -6.26 |
| Total Shareholders' Equity | -324K | -982K | 38.89M | 26.89M | 206.7M | 221.67M | 76.78M | -56.51M | -93.1M | -88.92M |
| Common Stock | 0 | 10K | 16K | 18K | 24K | 28K | 28K | 30K | 49K | 73K |
| Retained Earnings | 0 | -4.45M | -23.72M | -56.69M | -138.86M | -245.79M | -411.55M | -590.6M | -650.2M | -707.55M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -1K | -18K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
BioXcel Therapeutics, Inc. (BTAI) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.29M | -2.2M | -13.51M | -27.28M | -66.35M | -82.15M | -135.34M | -155.01M | -72.03M | -72.03M |
| Operating CF Margin % | - | - | - | - | - | - | -36090.93% | -11232.32% | -3178.6% | - |
| Operating CF Growth % | - | -69.71% | -515.16% | -101.94% | -143.22% | -23.82% | -64.74% | -14.53% | 53.53% | 107.6% |
| Net Income | -2.12M | -4.54M | -19.27M | -32.97M | -82.17M | -106.93M | -165.76M | -179.05M | -59.6M | -68.21M |
| Depreciation & Amortization | 0 | 1K | 17K | 156K | 188K | 297K | 327K | 318K | 309K | 303K |
| Stock-Based Compensation | 671K | 1.61M | 3.08M | 3.14M | 14.61M | 19.45M | 17.34M | 18.61M | 6.16M | 1.74M |
| Deferred Taxes | 0 | 0 | 0 | -3.45M | -14.99M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 671K | 1.61M | 3.12M | 3.45M | 14.99M | 46K | 2.35M | 3.1M | -12.86M | 12.29M |
| Working Capital Changes | 155K | 736K | 2.66M | 2.39M | 1.02M | 4.98M | 10.4M | 2.02M | -6.03M | -4.33M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | -248K | 177K | -60K | 3K |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | -1.99M | -6K | 1.31M | 1.07M |
| Change in Payables | 156K | 737K | 3.2M | 3.58M | 3.03M | 4.85M | 13.03M | -3.22M | -4.33M | -4.37M |
| Cash from Investing | -4K | 0 | -340K | -870K | -316K | -445K | -139K | -20K | 0 | 0 |
| Capital Expenditures | -4K | 0 | -340K | -870K | -316K | -445K | -139K | -20K | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | 37.07% | 1.45% | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -340K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 1.3M | 3.08M | 55.53M | 18.01M | 247.36M | 102.45M | 96.24M | 26.52M | 36.66M | 55.15M |
| Debt Issued (Net) | 0 | 438K | -371K | 0 | 0 | 0 | 98.6M | 0 | -2.5M | -2.5M |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 3.14M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -9.02M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 1.3M | 584K | -615K | 201K | 598K | 1.45M | -2.36M | -510K | -528K | -869K |
| Net Change in Cash | 0▲ 0% | 887K▲ 0% | 41.68M▲ 4598.8% | -10.14M▼ 124.3% | 180.69M▲ 1882.2% | 19.85M▼ 89.0% | -39.24M▼ 297.7% | -128.5M▼ 227.5% | -35.37M▲ 72.5% | -3.07M▲ 0% |
| Free Cash Flow | -1.3M▲ 0% | -2.2M▼ 69.2% | -13.85M▼ 530.6% | -28.15M▼ 103.3% | -66.67M▼ 136.8% | -82.6M▼ 23.9% | -135.48M▼ 64.0% | -155.03M▼ 14.4% | -72.03M▲ 53.5% | -58.21M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | -36128% | -11233.77% | -3178.6% | -7741.22% |
| FCF Growth % | - | -69.18% | -530.65% | -103.26% | -136.82% | -23.9% | -64.02% | -14.43% | 53.54% | 30.76% |
| FCF per Share | -1.26 | -2.13 | -15.21 | -27.65 | -49.19 | -50.11 | -77.38 | -85.15 | -28.41 | -28.41 |
| FCF Conversion (FCF/Net Income) | 0.61x | 0.48x | 0.70x | 0.84x | 0.81x | 0.77x | 0.82x | 0.87x | 1.21x | 0.85x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 2.7M | 7.55M | 7.97M | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
BioXcel Therapeutics, Inc. (BTAI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -101.67% | -98.31% | -70.35% | -49.93% | -111.08% | -1766.94% | - | 71.83% |
| Return on Invested Capital (ROIC) | - | - | - | - | - | - | - | - | 220.83% |
| Gross Margin | - | - | - | - | - | 94.67% | 8.7% | 5.43% | -38.16% |
| Net Margin | - | - | - | - | - | -44201.87% | -12974.86% | -2630.14% | -9070.61% |
| Debt / Equity | - | - | 0.04x | 0.01x | 0.01x | 1.23x | - | - | -1.23x |
| Interest Coverage | -2268.50x | - | - | -3048.04x | -2647.38x | -19.44x | -12.90x | -4.44x | -4.09x |
| FCF Conversion | 0.48x | 0.70x | 0.84x | 0.81x | 0.77x | 0.82x | 0.87x | 1.21x | 0.85x |
| Revenue Growth | - | - | - | - | - | - | 268% | 64.2% | -66.96% |
BioXcel Therapeutics, Inc. (BTAI) stock FAQ — growth, dividends, profitability & financials explained
BioXcel Therapeutics, Inc. (BTAI) reported $0.8M in revenue for fiscal year 2024.
BioXcel Therapeutics, Inc. (BTAI) grew revenue by 64.2% over the past year. This is strong growth.
BioXcel Therapeutics, Inc. (BTAI) reported a net loss of $68.2M for fiscal year 2024.
BioXcel Therapeutics, Inc. (BTAI) had negative free cash flow of $58.2M in fiscal year 2024, likely due to heavy capital investments.
BioXcel Therapeutics, Inc. (BTAI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates