SLNO (SLNO)
Soleno Therapeutics, Inc.
NASDAQ:SLNOHealthcare · Biotechnology
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$190.41M
Net Income$20.89M
Total Assets$563.83M
Free Cash Flow$46.73M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$2.69M
Total Equity$450.12M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:15Reverse splitAug 26, 202215 shares → 1
- 1:5Reverse splitOct 6, 20175 shares → 1
Balance Sheet Details
Assets$563.83M
Liabilities$113.72M
Accounts Receivable$28.21M
Accounts Payable$12.44M
Inventory$15.02M
PP&E (Net)$2.38M
Goodwill$0
Intangible Assets$4.86M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $190.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.55B | $1.45M | $388K | $0 | $3M | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | -107145.4% | 274.3% | - | - | - | - |
| Cost of Revenue | $2.7M | $0 | $0 | $0 | $0 | $2.19M | $2.3M | $1.92M | $1.61M | $1.51M | $353K | $0 | $0 | $0 |
| Gross Profit | $187.71M | $0 | $0 | $0 | $0 | -$2.19M | -$2.3M | -$1.92M | -$1.55B | -$59K | $35K | $0 | $3M | $0 |
| Gross Margin | 98.6% | - | - | - | - | - | - | - | 100.1% | -4.0% | 9.0% | - | 100.0% | - |
| Research and Development | $40.63M | $78.57M | $25.19M | $15.27M | $21.45M | $23.19M | $16.27M | $7.18M | $3.07M | $5.18M | $4.54M | $2.24M | $2.38M | $2.47M |
| Selling, General, and Administrative | $132.13M | $105.86M | $13.48M | $9.84M | $10.81M | $6.56M | $4.63M | $6.56M | $6.61M | $8.37M | $7.88M | $2.92M | $1.47M | $1.13M |
| Other | $0 | $3.24M | $2.71M | -$712K | -$731K | $0 | $0 | $6K | -$586K | -$101K | -$184K | $0 | -$2K | -$22K |
| Total Operating Expenses | $172.75M | $187.67M | $41.38M | $24.4M | $31.53M | $29.75M | $20.9M | $13.73M | $9.68M | $13.55M | $12.19M | $5.16M | $3.85M | $3.6M |
| Operating Income (EBIT) | $14.95M | -$187.67M | -$41.38M | -$24.4M | -$31.53M | -$31.95M | -$23.2M | -$14.3M | -$12.17M | -$13.61M | -$12.16M | -$5.16M | -$847K | -$3.6M |
| Operating Margin | 7.9% | - | - | - | - | - | - | - | 0.8% | -938.1% | -3137.6% | - | -28.2% | - |
| Interest Expense | $5.48M | $231K | $0 | $0 | $0 | $0 | $0 | $62K | $0 | $0 | $3.05M | $4.13M | $2.86M | $2.87M |
| Interest Income | $16.95M | $12.05M | $2.58M | $300K | $110K | $13K | $154K | $0 | $0 | $0 | $0 | $1K | $2K | $3K |
| Other Income (Expense) | $5.94M | $11.82M | $2.4M | $330K | $618K | $7.31M | -$7.58M | $2.46M | -$1.27M | $1.59M | -$3.75M | -$8.08M | -$2.86M | -$2.88M |
| Income Before Tax (EBT) | $20.89M | -$175.85M | -$38.99M | -$24.07M | -$30.91M | -$24.64M | -$30.77M | -$11.84M | -$13.72M | -$12.04M | -$15.91M | -$13.87M | -$3.71M | -$6.48M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.65M | $22K | $0 | -$455K | $0 | $0 |
| Net Income | $20.89M | -$175.85M | -$38.99M | -$24.07M | -$30.91M | -$24.64M | -$30.77M | -$13.34M | -$15.67M | -$12.07M | -$15.91M | -$13.87M | -$3.71M | -$6.48M |
| Net Income Margin | 11.0% | - | - | - | - | - | - | - | 1.0% | -831.6% | -4104.8% | - | -123.6% | - |
| Supplementary Data | ||||||||||||||
| EPS | 0.41 | -4.38 | -2.36 | -2.87 | -5.81 | -3.68 | -15.78 | -9.54 | -26.18 | -58.35 | -126.58 | -819.38 | -198.45 | -346.98 |
| Diluted EPS | 0.39 | -4.38 | -2.36 | -2.87 | -5.81 | -3.68 | -15.78 | -9.54 | -26.18 | -58.35 | -126.58 | -819.38 | -198.45 | -346.98 |
| Weighted Average OS | 53.18M | 40.18M | 16.49M | 8.40M | 5.32M | 4.17M | 2.28M | 1.40M | 598,519 | 206,766 | 125,678 | 16,933 | 18,681 | 18,681 |
| EBITDA | $28.38M | -$173.63M | -$37.03M | -$22.1M | -$30.3M | -$22.68M | -$28.82M | -$11.77M | -$11.83M | -$6.72M | -$15.8M | -$5.13M | -$805K | -$3.57M |
| EBITDA Margin | 14.9% | - | - | - | - | - | - | - | 0.8% | -463.1% | -4076.9% | - | -26.8% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $70.11M | $87.93M | $169.68M | $14.6M | $21.3M | $49.22M | $20.73M | $23.1M | $17.1M | $2.73M | $5.49M | $7.96M | $1.27M | $2.16M |
| Short-Term Investments | $235.37M | $203.51M | $0 | $0 | $0 | $0 | $0 | $978K | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $305.47M | $291.44M | $169.68M | $14.6M | $21.3M | $49.22M | $20.73M | $24.08M | $17.1M | $2.73M | $5.49M | $7.96M | $1.27M | $2.16M |
| Accounts Receivable | $28.21M | $0 | $0 | $0 | $0 | $0 | $0 | $64K | $0 | $133K | $156K | $0 | $150K | $151K |
| Inventory | $15.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $660K | $551K | $109K | $0 | $0 |
| Other Current Assets | $7.11M | $2.45M | $1.68M | $1.04M | $0 | $0 | $0 | $0 | $551K | $695K | $35K | $20K | $20K | $20K |
| Total Current Assets | $355.81M | $293.89M | $171.36M | $15.65M | $22.42M | $50.24M | $21.14M | $24.67M | $17.99M | $3.8M | $6.4M | $8.34M | $1.52M | $2.39M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $2.38M | $2.98M | $419K | $157K | $454K | $158K | $444K | $12K | $23K | $103K | $86K | $58K | $63K | $105K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $126K | $718K | $718K | $0 | $0 | $0 |
| Intangible Assets | $4.86M | $6.8M | $8.75M | $10.69M | $12.64M | $14.58M | $16.52M | $18.47M | $20.41M | $817K | $917K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $27.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $200.78M | $83K | $165K | $0 | $40K | $0 | $59K | $0 | $592K | $126K | $76K | $0 | $0 | $21K |
| Total Long-Term Assets | $208.02M | $37.08M | $9.33M | $10.85M | $13.13M | $14.74M | $17.03M | $18.48M | $21.03M | $1.76M | $1.8M | $58K | $63K | $127K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $563.83M | $330.97M | $180.69M | $26.5M | $35.55M | $64.98M | $38.17M | $43.15M | $39.02M | $5.56M | $8.2M | $8.4M | $1.59M | $2.51M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $12.44M | $8.88M | $3.15M | $1.78M | $3.25M | $3.49M | $2M | $934K | $633K | $411K | $495K | $987K | $58K | $220K |
| Short-Term Debt | $726K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $102K | $13.99M | $11.13M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$13.99M | -$11.13M |
| Other Current Liabilities | $48.2M | $4.78M | $4.95M | $2.16M | $1.05M | $1.2M | $665K | $623K | $127K | $246K | $2.18M | $0 | $0 | $0 |
| Total Current Liabilities | $61.36M | $18.75M | $11.51M | $7.31M | $8.01M | $8.62M | $4.96M | $1.88M | $1.73M | $1.71M | $3.19M | $1.29M | $14.18M | $11.54M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $1.96M | $49.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.46M | $1.36M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $50.39M | $14.81M | $11.55M | $8.84M | $9.58M | $10.82M | $18.26M | $10.86M | $10.47M | $422K | $1.78M | $17.44M | $23.81M | $23.81M |
| Total Long-Term Liabilities | $52.35M | $67.11M | $11.68M | $8.84M | $9.75M | $10.82M | $18.26M | $10.86M | $10.75M | $422K | $1.78M | $17.44M | $25.27M | $25.17M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $113.72M | $85.86M | $23.18M | $16.15M | $17.76M | $19.43M | $23.23M | $12.74M | $12.49M | $2.13M | $4.98M | $18.73M | $39.45M | $36.71M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5 | $13 | $5 | $0 | $25.27M | $25K |
| Common Stock | $52K | $46K | $32K | $8K | $80K | $80K | $45K | $32K | $19K | $17K | $14K | $7K | $536 | $522 |
| Retained Earnings | -$431.37M | -$452.26M | -$276.41M | -$237.42M | -$213.35M | -$182.44M | -$157.81M | -$127.03M | -$113.98M | -$98.31M | -$86.25M | -$70.98M | -$57.1M | -$53.39M |
| Comprehensive Income & Other | $415K | $361K | $0 | $0 | $0 | $0 | $0 | -$93K | -$74K | -$159K | -$212K | -$145K | -$155K | -$216K |
| Other Stockholders' Equity | $881.43M | $697.33M | $433.88M | $247.76M | $231.07M | $227.91M | $172.71M | $157.41M | $140.49M | $101.73M | $89.46M | $60.64M | $19.24M | $19.2M |
| Total Equity | $450.12M | $245.11M | $157.51M | $10.35M | $17.79M | $45.55M | $14.95M | $30.41M | $26.53M | $3.44M | $3.22M | -$10.33M | -$37.86M | -$34.2M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $563.83M | $330.97M | $180.69M | $26.5M | $35.55M | $64.98M | $38.17M | $43.15M | $39.02M | $5.56M | $8.2M | $8.4M | $1.59M | $2.51M |
| Supplementary Data | ||||||||||||||
| Total Debt | $2.69M | $52.83M | $403K | $155K | $457K | $139K | $305K | $0 | $0 | $0 | $0 | $102K | $13.99M | $11.13M |
| Net Debt | -$67.42M | -$35.1M | -$169.28M | -$14.45M | -$20.85M | -$49.09M | -$20.43M | -$23.1M | -$17.1M | -$2.73M | -$5.49M | -$7.86M | $12.72M | $8.98M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $20.89M | -$175.85M | -$38.99M | -$24.07M | -$30.91M | -$24.64M | -$30.77M | -$11.84M | -$12.07M | -$12.07M | -$15.91M | -$13.87M | -$3.71M | -$6.48M |
| Depreciation & Amortization | $2.02M | $1.99M | $1.96M | $1.96M | $1.96M | $1.95M | $1.96M | $1.96M | $1.61M | $20K | $108K | $29K | $42K | $44K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | -$11.64M | $6.96M | -$3.88M | -$1.65M | $22K | $3.57M | $4.59M | $107K | $22K |
| Stock-Based Compensation | $45.85M | $99.96M | $5.95M | $2.53M | $3.28M | $1.5M | $825K | $988K | $880K | $871K | $942K | $345K | $38K | $24K |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$28.21M | $0 | $0 | $0 | $0 | $0 | $64K | -$64K | $0 | $23K | -$156K | $150K | -$150K | $0 |
| Inventory | -$14.03M | $0 | $0 | $0 | $0 | $0 | -$64K | $0 | $0 | -$109K | -$442K | -$109K | $12.74M | $0 |
| Accounts Payable | $3.61M | $5.67M | $1.37M | -$1.48M | -$235K | $1.49M | $1.06M | $249K | $191K | -$149K | $212K | $354K | -$162K | $45K |
| Other Working Capital | $13.99M | $346K | $1.56M | $721K | -$913K | $1.48M | $1.44M | -$167K | -$215K | -$580K | $1.2M | -$94K | -$12.65M | -$17K |
| Total Working Capital Change | -$24.63M | $6.02M | $2.93M | -$756K | -$1.15M | $2.98M | $2.5M | $82K | -$24K | -$815K | $810K | $300K | -$226K | $29K |
| Other Non-Cash Items | $2.68M | -$1.21M | $3.22M | -$452K | -$951K | $4.62M | $1.15M | $1M | $1.31M | -$1.53M | $183K | $4.13M | $2.86M | $2.87M |
| Net Cash from Operating | $46.8M | -$69.1M | -$24.94M | -$20.78M | -$27.77M | -$25.22M | -$17.38M | -$11.68M | -$9.95M | -$13.5M | -$10.3M | -$4.48M | -$885K | -$3.5M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$73K | -$218K | $0 | -$13K | -$22K | -$7K | -$21K | -$8K | -$3K | -$39K | -$306K | -$31K | -$1K | -$2K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $500K | $0 | -$573K | $0 | -$1M | $0 | $0 | $0 |
| Purchases of Investments | -$455.78M | -$356.46M | $0 | $0 | $0 | $0 | -$500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $254.07M | $131M | $0 | $0 | $0 | $0 | $500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $49K | -$172K | $954K | -$24K | -$15K | $0 | $0 | $0 |
| Net Cash from Investing | -$201.78M | -$225.68M | $0 | -$13K | -$22K | -$7K | $528K | -$180K | $379K | -$39K | -$1.32M | -$31K | -$1K | -$2K |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | -$49.89M | - | - | $8K | $17K | $2K | - | - | - | - | -$2.49M | - | -$5M |
| Common Stock Issuance | $238.11M | $148.96M | $137.86M | $14.11M | $0 | $53.72M | $14.48M | $16.3M | $25.01M | -$7.78B | $1.43M | $10.73M | $0 | $28K |
| Common Stock Repurchases | -$100.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$7.78M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$803K | $14.18M | $42.16M | -$16K | -$120K | $17K | $0 | $1.52M | -$838K | -$1K | $9.16M | -$2.12M | $0 | $28K |
| Net Cash from Financing | $137.16M | $213.03M | $180.02M | $14.09M | -$128K | $53.72M | $14.48M | $17.83M | $23.94M | $10.77M | $9.16M | $11.2M | $0 | $5.03M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$17.82M | -$81.75M | $155.08M | -$6.7M | -$27.92M | $28.49M | -$2.37M | $5.96M | $14.37M | -$2.77M | -$2.46M | $6.69M | -$886K | $1.53M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $46.8M | -$69.1M | -$24.94M | -$20.78M | -$27.77M | -$25.22M | -$17.38M | -$11.68M | -$9.95M | -$13.5M | -$10.3M | -$4.48M | -$885K | -$3.5M |
| Capital Expenditure | -$73K | -$218K | $0 | -$13K | -$22K | -$7K | -$21K | -$8K | -$3K | -$39K | -$306K | -$31K | -$1K | -$2K |
| Free Cash Flow | $46.73M | -$69.31M | -$24.94M | -$20.79M | -$27.79M | -$25.23M | -$17.4M | -$11.69M | -$9.95M | -$13.54M | -$10.61M | -$4.52M | -$886K | -$3.5M |
| Cash at Beginning | $87.93M | $169.68M | $14.6M | $21.3M | $49.22M | $20.73M | $23.1M | $17.14M | $2.73M | $5.49M | $7.96M | $1.27M | $2.16M | $627K |
| Cash at End | $70.11M | $87.93M | $169.68M | $14.6M | $21.3M | $49.22M | $20.73M | $23.1M | $17.1M | $2.73M | $5.49M | $7.96M | $1.27M | $2.16M |