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6May 4, 2026·SEC
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Ernexa Therapeutics Inc. (ERNA) 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.
Ernexa Therapeutics Inc. (ERNA) stock price & volume — 10-year historical chart
Ernexa Therapeutics Inc. (ERNA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Ernexa Therapeutics Inc. (ERNA) competitors in Regenerative Medicine and Tissue Engineering — business model, growth, and fundamentals comparison
Ernexa Therapeutics Inc. (ERNA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Ernexa Therapeutics Inc. (ERNA) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 21.27M | 23.34M | 19.81M | 0 | 0 | 0 | 68K | 582K | 0 |
| Revenue Growth % | -4.65% | 9.69% | -15.12% | -100% | - | - | - | 755.88% | -100% |
| Cost of Goods Sold | 7.09M | 8.38M | 7.84M | 98K | 0 | 0 | 236K | 96K | 263K |
| COGS % of Revenue | 33.32% | 35.93% | 39.6% | - | - | - | 347.06% | 16.49% | - |
| Gross Profit | 14.19M▲ 0% | 14.95M▲ 5.4% | 11.96M▼ 20.0% | -98K▼ 100.8% | 0▲ 100.0% | 0▲ 0% | -168K▲ 0% | 486K▲ 389.3% | -263K▼ 154.1% |
| Gross Margin % | 66.68% | 64.07% | 60.4% | - | - | - | -247.06% | 83.51% | - |
| Gross Profit Growth % | 0.04% | 5.39% | -19.98% | -100.82% | 100% | - | - | 389.29% | -154.12% |
| Operating Expenses | 15.59M | 14.49M | 13.18M | 7.15M | 113.73M | 33.22M | 20.97M | 16.16M | 9.06M |
| OpEx % of Revenue | 73.27% | 62.08% | 66.52% | - | - | - | 30833.82% | 2776.63% | - |
| Selling, General & Admin | 15.45M | 14.41M | 13.15M | 3.3M | 14.72M | 16.55M | 14.59M | 13.13M | 5.16M |
| SG&A % of Revenue | 72.61% | 61.77% | 66.39% | - | - | - | 21450% | 2256.36% | - |
| Research & Development | 139K | 72K | 26K | 3.95M | 12.71M | 10.39M | 5.92M | 4.6M | 4.16M |
| R&D % of Revenue | 0.65% | 0.31% | 0.13% | - | - | - | 8705.88% | 791.07% | - |
| Other Operating Expenses | 0 | 0 | 0 | -98K | 86.3M | 6.27M | 461K | -1.58M | -263K |
| Operating Income | -1.4M▲ 0% | 464K▲ 133.1% | -1.21M▼ 361.2% | -7.25M▼ 498.0% | -113.73M▼ 1469.2% | -33.22M▲ 70.8% | -21.14M▲ 36.4% | -15.67M▲ 25.8% | -9.32M▲ 40.5% |
| Operating Margin % | -6.59% | 1.99% | -6.12% | - | - | - | -31080.88% | -2693.13% | - |
| Operating Income Growth % | 38.45% | 133.1% | -361.21% | -498.02% | -1469.15% | 70.79% | 36.37% | 25.84% | 40.54% |
| EBITDA | 915K | 3.23M | 1.96M | -7.15M | -113.27M | -32.72M | -20.01M | -14.04M | -9.06M |
| EBITDA Margin % | 4.3% | 13.83% | 9.88% | - | - | - | -29429.41% | -2411.68% | - |
| EBITDA Growth % | 50.25% | 252.79% | -39.41% | -465.54% | -1484.24% | 71.11% | 38.84% | 29.86% | 35.48% |
| D&A (Non-Cash Add-back) | 2.32M | 2.76M | 3.17M | 98K | 459K | 497K | 1.12M | 1.64M | 263K |
| EBIT | -513K | 66K | -1.77M | -26.49M | -122.41M | -24.5M | -21.06M | -37.76M | -9.32M |
| Net Interest Income | 0 | 0 | -249K | -43K | -74K | -30K | -476K | -6.5M | 56K |
| Interest Income | 0 | 0 | - | 0 | 0 | 0 | 138K | 249K | 83K |
| Interest Expense | 498K | 389K | 249K | 43K | 74K | 30K | 614K | 6.75M | 27K |
| Other Income/Expense | 391K | -787K | -808K | -19.28M | -8.75M | 8.68M | -536K | -28.84M | -4.81M |
| Pretax Income | -1.01M▲ 0% | -323K▲ 68.1% | -2.02M▼ 525.4% | -26.53M▼ 1213.4% | -122.48M▼ 361.7% | -24.53M▲ 80.0% | -21.67M▲ 11.7% | -44.51M▼ 105.4% | -14.13M▲ 68.3% |
| Pretax Margin % | -4.75% | -1.38% | -10.2% | - | - | - | -31869.12% | -7647.59% | - |
| Income Tax | 66K | -64K | 27K | 0 | 64K | 45K | -3K | 30K | -45K |
| Effective Tax Rate % | -6.53% | 19.81% | -1.34% | 0% | -0.05% | -0.18% | 0.01% | -0.07% | 0.32% |
| Net Income | -1.08M▲ 0% | -259K▲ 76.0% | -2.05M▼ 690.3% | 11.91M▲ 681.6% | -122.55M▼ 1129.3% | -24.58M▲ 79.9% | -21.67M▲ 11.8% | -44.54M▼ 105.6% | -14.1M▲ 68.3% |
| Net Margin % | -5.06% | -1.11% | -10.34% | - | - | - | -31864.71% | -7652.75% | - |
| Net Income Growth % | 63.15% | 75.95% | -690.35% | 681.63% | -1129.27% | 79.94% | 11.84% | -105.55% | 68.34% |
| Net Income (Continuing) | -1.08M | -259K | -2.05M | -26.53M | -122.55M | -24.58M | -21.67M | -44.54M | -14.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -441.00▲ 0% | -96.25▲ 78.2% | -712.00▼ 639.7% | -87.75▲ 87.7% | -1415.25▼ 1512.8% | -201.50▲ 85.8% | -102.00▲ 49.4% | -39.25▲ 61.5% | -56.00▼ 42.7% |
| EPS Growth % | 71.29% | 78.17% | -639.74% | 87.68% | -1512.82% | 85.76% | 49.38% | 61.52% | -42.68% |
| EPS (Basic) | -441.00 | -96.25 | -712.00 | -87.75 | -1415.25 | -201.50 | -102.00 | -39.25 | -56.00 |
| Diluted Shares Outstanding | 2.44K | 2.69K | 2.88K | 69.31K | 86.6K | 122.04K | 212.56K | 1.14M | 252.28K |
| Basic Shares Outstanding | 2.44K | 2.69K | 2.88K | 69.31K | 86.6K | 122.04K | 212.56K | 1.14M | 252.28K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Ernexa Therapeutics Inc. (ERNA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 9.64M | 6.79M | 6.07M | 1.73M | 18.77M | 13.68M | 9.6M | 2.35M | 3.13M |
| Cash & Short-Term Investments | 3.38M | 2.59M | 3.26M | 1.63M | 16.98M | 11.45M | 7.58M | 1.73M | 1.88M |
| Cash Only | 3.38M | 2.59M | 3.26M | 1.63M | 16.98M | 11.45M | 7.58M | 1.73M | 1.88M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 714K | 1.14M | 1.2M | 0 | 684K | 951K | 425K | 437K | 95K |
| Days Sales Outstanding | 12.25 | 17.88 | 22.02 | - | - | - | 2.28K | 274.06 | - |
| Inventory | 4.87M | 2.54M | 1.09M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 250.54 | 110.52 | 50.73 | - | - | - | - | - | - |
| Other Current Assets | 680K | 517K | 526K | 0 | 0 | 0 | 1.6M | 186K | 1.15M |
| Total Non-Current Assets | 6.93M | 8.08M | 9.21M | 11.17M | 12.76M | 8.6M | 39.53M | 2.92M | 2.7M |
| Property, Plant & Equipment | 3.68M | 4.67M | 4.92M | 2.69M | 3.24M | 1.27M | 33.27M | 755K | 547K |
| Fixed Asset Turnover | 5.78x | 5.00x | 4.02x | - | - | - | 0.00x | 0.77x | - |
| Goodwill | 1M | 667K | 696K | 2.04M | 2.04M | 2.04M | 2.04M | 2.04M | 2.04M |
| Intangible Assets | 0 | 0 | 1.92M | 5.99M | 5.99M | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.09M | 200K | 150K | -449K | 1M | 59K | 0 | 0 | 0 |
| Other Non-Current Assets | 791K | 527K | 371K | 453K | 488K | 5.23M | 4.21M | 118K | 110K |
| Total Assets | 16.57M▲ 0% | 14.86M▼ 10.3% | 15.28M▲ 2.8% | 12.91M▼ 15.5% | 31.52M▲ 144.3% | 22.28M▼ 29.3% | 49.13M▲ 120.5% | 5.27M▼ 89.3% | 5.83M▲ 10.7% |
| Asset Turnover | 1.28x | 1.57x | 1.30x | - | - | - | 0.00x | 0.11x | - |
| Asset Growth % | -3.3% | -10.3% | 2.77% | -15.51% | 144.27% | -29.33% | 120.53% | -89.28% | 10.72% |
| Total Current Liabilities | 10.75M | 4.02M | 6.09M | 3.13M | 3.68M | 7.65M | 6.57M | 2.94M | 3.11M |
| Accounts Payable | 390K | 271K | 835K | 1.27M | 1.75M | 1.62M | 1.07M | 1.72M | 1.13M |
| Days Payables Outstanding | 20.08 | 11.8 | 38.86 | 4.75K | - | - | 1.65K | 6.54K | 1.56K |
| Short-Term Debt | 5.24M | 1.04M | 3.17M | 526K | 0 | 1.75M | 0 | 207K | 213K |
| Deferred Revenue (Current) | 3.56M | 1.37M | 460K | 76K | 0 | 0 | 190K | 0 | 0 |
| Other Current Liabilities | 1.56M | 1.34M | 1.04M | 681K | 903K | -322K | 109K | 12K | 1.77M |
| Current Ratio | 0.90x | 1.69x | 1.00x | 0.55x | 5.10x | 1.79x | 1.46x | 0.80x | 1.01x |
| Quick Ratio | 0.44x | 1.06x | 0.82x | 0.55x | 5.10x | 1.79x | 1.46x | 0.80x | 1.01x |
| Cash Conversion Cycle | 242.71 | 116.6 | 33.89 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 287K | 3.92M | 4.09M | 2.12M | 2.34M | 2.52M | 40.33M | 630K | 320K |
| Long-Term Debt | 8K | 2.73M | 0 | 194K | 0 | 1.21M | 6.77M | 0 | 0 |
| Capital Lease Obligations | 0 | 41K | 2.91M | 1.91M | 2.3M | 887K | 32.85M | 477K | 277K |
| Deferred Tax Liabilities | 424K | 41K | 1.13M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -208K | 1.08M | 44K | 23K | 47K | 425K | 307K | 153K | 43K |
| Total Liabilities | 11.03M | 7.95M | 10.19M | 5.25M | 6.02M | 10.17M | 46.9M | 3.57M | 3.43M |
| Total Debt | 5.41M | 3.81M | 6.08M | 2.9M | 2.72M | 4.14M | 41.84M | 684K | 490K |
| Net Debt | 2.03M | 1.23M | 2.82M | 1.27M | -14.26M | -7.31M | 34.27M | -1.04M | -1.39M |
| Debt / Equity | 0.98x | 0.55x | 1.19x | 0.38x | 0.11x | 0.34x | 18.74x | 0.40x | 0.20x |
| Debt / EBITDA | 5.91x | 1.18x | 3.11x | - | - | - | - | - | - |
| Net Debt / EBITDA | 2.22x | 0.38x | 1.44x | - | - | - | - | - | - |
| Interest Coverage | -1.03x | 0.17x | -7.11x | -616.00x | -1654.15x | -816.80x | -34.29x | -5.59x | -345.15x |
| Total Equity | 5.54M▲ 0% | 6.92M▲ 24.9% | 5.09M▼ 26.4% | 7.66M▲ 50.4% | 25.5M▲ 233.0% | 12.11M▼ 52.5% | 2.23M▼ 81.6% | 1.7M▼ 23.8% | 2.4M▲ 41.2% |
| Equity Growth % | 36.09% | 24.95% | -26.4% | 50.44% | 232.99% | -52.53% | -81.56% | -23.82% | 41.15% |
| Book Value per Share | 2266.99 | 2573.29 | 1770.78 | 110.50 | 294.50 | 99.21 | 10.51 | 1.50 | 9.52 |
| Total Shareholders' Equity | 5.54M | 6.92M | 5.09M | 7.66M | 25.5M | 12.11M | 2.23M | 1.7M | 2.4M |
| Common Stock | 13K | 14K | 14K | 25.8M | 13K | 26K | 27K | 257K | 39K |
| Retained Earnings | -129.12M | -129.39M | -131.46M | -18.14M | -140.7M | -165.3M | -186.98M | -231.54M | -245.64M |
| Treasury Stock | -456K | -456K | -456K | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 345K | 200K | 268K | 245K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Ernexa Therapeutics Inc. (ERNA) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 549K | 1.36M | 2.74M | -8.1M | -23.49M | -20.98M | -20.41M | -15.84M | -7.02M |
| Operating CF Margin % | 2.58% | 5.85% | 13.85% | - | - | - | -30011.76% | -2720.96% | - |
| Operating CF Growth % | 2286.96% | 148.63% | 101.03% | -395.23% | -189.94% | 10.69% | 2.71% | 22.4% | 55.69% |
| Net Income | -1.08M | -259K | -2.05M | -26.53M | -122.55M | -24.58M | -21.67M | -44.54M | -14.08M |
| Depreciation & Amortization | 2.32M | 2.76M | 3.17M | 98K | 459K | 497K | 1.12M | 1.64M | 263K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 5.24M | 2.94M | 1.24M | 1.52M | 1.5M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 10.05M | 6.92M | 1.66M | 19.33M | 95.65M | -3.54M | 1.01M | 27.52M | 5.36M |
| Working Capital Changes | -1.73M | -2.27M | -37K | -999K | -2.29M | 3.71M | -2.12M | -1.98M | -51K |
| Change in Receivables | 142K | -507K | -248K | 0 | -659K | -262K | 527K | -12K | -408K |
| Change in Inventory | -3.93M | 431K | 337K | 52K | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -586K | -186K | 669K | -1.73M | -485K | 2.03M | -2.9M | 183K | 60K |
| Cash from Investing | -1.45M | -1.58M | -1.06M | -39K | -22.74M | -47K | -19K | -365K | -37K |
| Capital Expenditures | -1.45M | -1.61M | -1.09M | -39K | -154K | -297K | -19K | -369K | -37K |
| CapEx % of Revenue | 6.83% | 6.91% | 5.52% | - | - | - | 27.94% | 63.4% | - |
| Acquisitions | 0 | 33K | 29K | 0 | -22.71M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 119K | 250K | 0 | 4K | 0 |
| Cash from Financing | -1.47M | -303K | -1.1M | 4.67M | 61.59M | 19.58M | 16.56M | 6.26M | 7.21M |
| Debt Issued (Net) | -3.23M | -1.65M | 0 | 310K | -942K | -2K | 16.5M | 5.29M | 2.25M |
| Equity Issued (Net) | 1.77M | 1.38M | 0 | 4.36M | 62.52M | 19.71M | 320K | 1.14M | 4.96M |
| Dividends Paid | -16K | -16K | -16K | 0 | -8K | -16K | -16K | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -17K | -1.08M | 0 | 10K | -109K | -251K | -169K | 0 |
| Net Change in Cash | -2.31M▲ 0% | -792K▲ 65.7% | 673K▲ 185.0% | -1.63M▼ 342.1% | 15.36M▲ 1042.6% | -1.44M▼ 109.4% | -3.87M▼ 168.1% | -9.94M▼ 156.8% | 155K▲ 101.6% |
| Free Cash Flow | -903K▲ 0% | -247K▲ 72.6% | 1.65M▲ 768.0% | -8.14M▼ 593.3% | -23.64M▼ 190.4% | -21.27M▲ 10.0% | -20.43M▲ 4.0% | -16.2M▲ 20.7% | -7.05M▲ 56.5% |
| FCF Margin % | -4.24% | -1.06% | 8.33% | - | - | - | -30039.71% | -2784.36% | - |
| FCF Growth % | -10.53% | 72.65% | 768.02% | -593.33% | -190.44% | 10.02% | 3.98% | 20.67% | 56.47% |
| FCF per Share | -369.78 | -91.89 | 573.91 | -117.44 | -273.00 | -174.31 | -96.10 | -14.27 | -27.96 |
| FCF Conversion (FCF/Net Income) | -0.51x | -5.27x | -1.34x | -0.68x | 0.19x | 0.85x | 0.94x | 0.36x | 0.50x |
| Interest Paid | 0 | 0 | 0 | 0 | 225K | 30K | 20K | 48K | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 1K | 15K | 4K | 2K | 0 |
Ernexa Therapeutics Inc. (ERNA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -73.85% | -22.43% | -4.16% | -34.09% | 186.76% | -739.05% | -130.7% | -302.2% | -2264.31% | -687.47% |
| Return on Invested Capital (ROIC) | -22.5% | -14.53% | 4.43% | -11.32% | -64.56% | -845.84% | -310.61% | -76.76% | -63.27% | -840.56% |
| Gross Margin | 63.55% | 66.68% | 64.07% | 60.4% | - | - | - | -247.06% | 83.51% | - |
| Net Margin | -13.1% | -5.06% | -1.11% | -10.34% | - | - | - | -31864.71% | -7652.75% | - |
| Debt / Equity | 2.10x | 0.98x | 0.55x | 1.19x | 0.38x | 0.11x | 0.34x | 18.74x | 0.40x | 0.20x |
| Interest Coverage | -4.01x | -1.03x | 0.17x | -7.11x | -616.00x | -1654.15x | -816.80x | -34.29x | -5.59x | -345.15x |
| FCF Conversion | -0.01x | -0.51x | -5.27x | -1.34x | -0.68x | 0.19x | 0.85x | 0.94x | 0.36x | 0.50x |
| Revenue Growth | -9% | -4.65% | 9.69% | -15.12% | -100% | - | - | - | 755.88% | -100% |
Ernexa Therapeutics Inc. (ERNA) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 4, 2026·SEC
Mar 20, 2026·SEC
Feb 26, 2026·SEC
Ernexa Therapeutics Inc. (ERNA) stock FAQ — growth, dividends, profitability & financials explained
Ernexa Therapeutics Inc. (ERNA) saw revenue decline by 100.0% over the past year.
Ernexa Therapeutics Inc. (ERNA) reported a net loss of $14.1M for fiscal year 2025.
Ernexa Therapeutics Inc. (ERNA) has a return on equity (ROE) of -687.5%. Negative ROE indicates the company is unprofitable.
Ernexa Therapeutics Inc. (ERNA) had negative free cash flow of $7.1M in fiscal year 2025, likely due to heavy capital investments.
Ernexa Therapeutics Inc. (ERNA) 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