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Lipella Pharmaceuticals Inc. (LIPO)

USD0.06 0.00 (-6.49%)
US OTC Healthcare Biotechnology
Address 7800 Susquehanna St. 15208
Pittsburgh, PA, US
CEO Jonathan Kaufman
IPO 2022-12-19
CIK 1347242 ISIN US53630L2097

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Description

Lipella Pharmaceuticals Inc. is a clinical-stage biopharmaceutical firm specializing in the creation of novel therapies. The company achieves this by repurposing and optimizing the active ingredients found in established generic drugs, tailoring these reformulations for diverse medical applications. Its lead candidate, LP-10, a tacrolimus formulation, is presently in Phase IIa clinical studies, targeting radiation-induced hemorrhagic cystitis. Additionally, LP-310, another tacrolimus-derived compound, is under development for the management of oral lichen planus. Founded in 2005, the company maintains its headquarters in Pittsburgh, Pennsylvania.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.06 0.00 (-6.49%)
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Volume Profile
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Liquidity & share structure
Average Volume
36.8K
Beta
1.50
Float Shares
4.33M
Free Float %
93.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% +100.00% -37.50% -69.70% -44.44% -96.40% -99.32% -98.26% -98.26% -98.26%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.06
Low 2.00 +2,996.0%
Consensus 2.00 +2,996.0%
Median 2.00 +2,996.0%
High 2.00 +2,996.0%
Ratings Trend (MoM) 100% Bullish
Rating 2025-05 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year
All Time 1
2.00
+2,996.0%
Quality scores
Altman Z-Score
-17.91
Distress
Piotroski F-Score
1 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +19.3%
  • EPS growth Biotechnology: +29.7%
    +22.2% Q3'25: +78.3% (vs Q3'24)
  • FCF margin FCF growth · Biotechnology: +16.2%
    -913.6%
  • EBIT margin Biotechnology: +0.0%
    -935.3%
  • ROIC Biotechnology: -16.1%
    Q3'25: +4,896.7% (vs Q3'24)
  • Share dilution Biotechnology: -3.4%
    +39.7% Q3'25: +306.5% (vs Q3'24)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    -0.01× Q3'25: -0.05× (vs Q3'24)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.84) × ERP
WACC = 69% × Ke + 31% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.06
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
536.4K
est: 363.0K (+47.8%)
559.5K
est.
583.7K
583.7K – 583.7K
+4.3% YoY
608.9K
608.9K – 608.9K
+4.3% YoY
26.37M
26.37M – 26.37M
+4,231.0% YoY
46.84M
46.84M – 46.84M
+77.6% YoY
EBITDA
-5.01M
est: -294.5K (-1,602.6%)
-453.9K
est.
-473.4K
-473.4K – -473.4K
-4.3% YoY
-493.9K
-493.9K – -493.9K
-4.3% YoY
-21.39M
-21.39M – -21.39M
-4,231.0% YoY
-38.00M
-38.00M – -38.00M
-77.6% YoY
EBIT
-5.02M
est: -294.5K (-1,603.6%)
-453.9K
est.
-473.4K
-473.4K – -473.4K
-4.3% YoY
-493.9K
-493.9K – -493.9K
-4.3% YoY
-21.39M
-21.39M – -21.39M
-4,231.0% YoY
-38.00M
-38.00M – -38.00M
-77.6% YoY
Net Income
-5.02M
est: -8.23M (+39.0%)
-5.45M
est.
-18.26M
-18.26M – -18.26M
-235.0% YoY
-2.29M
-2.29M – -2.29M
+87.5% YoY
419.3K
419.3K – 419.3K
+118.3% YoY
2.65M
2.65M – 2.65M
+532.5% YoY
SGA
2.00M
est: 913.0K (+119.5%)
1.41M
est.
1.47M
1.47M – 1.47M
+4.3% YoY
1.53M
1.53M – 1.53M
+4.3% YoY
66.32M
66.32M – 66.32M
+4,231.0% YoY
117.80M
117.80M – 117.80M
+77.6% YoY
EPS
-4.79
est: -7.85 (+39.0%)
-5.20
est.
-17.42
-17.42 – -17.42
-235.0% YoY
-2.18
-2.18 – -2.18
+87.5% YoY
0.40
0.40 – 0.40
+118.3% YoY
2.53
2.53 – 2.53
+532.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-22 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-21 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-20 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-19 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-18 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-15 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-14 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-13 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-11 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-08 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-07 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-06 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-04 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-05-01 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-29 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-28 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-27 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-24 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-23 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C- 1/5 1/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.36B
OE per share TTM
-521.05
Owner's Yield
-519,182.22%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
26.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
7
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Alfonso J. Cervantes, Jr. 9.39M 29.19% 3.00M 6.39M 3.00M 6.39M IN 2022-03-21
2 Trilogy Capital Group LLC 6.39M 20.50% 6.39M 6.39M PN 2022-03-21
3 B. Chancellor 1.68M 16.00% 1.68M 1.68M 11.00 IN 2024-10-17
4 Darren C. Minton 1.60M 5.09% 1.60M 1.60M 11.00 IN 2022-03-21
5 H. Kaufman 1.16M 18.60% 1.16M 1.16M 11.00 IN 2022-12-29
6 Leaf Huang 555.6K 9.70% 555.6K 555.6K IN United States 2023-02-09
7 S 353.3K 5.80% 353.3K 353.3K IN United States 2023-03-29

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
2.00
Bullish
Ratio by volume
2.16
Bullish
Buys
4
Sells
2
Shares acquired
681.4K
Shares disposed
314.8K
Cash buys
Cash sales
Net activity
+366,554
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2025-04-03 Kaufman Jonathan H Director / Officer / 10% Owner J-Other D Series C Voting Convertible Preferred Stock 536,959 1.00 537.0K 0 I
2025-03-13 Kaufman Jonathan H Director / Officer / 10% Owner J-Other A Series C Voting Convertible Preferred Stock 10,326 1.00 10.3K 536,959 I
2025-03-10 Kaufman Jonathan H Director / Officer / 10% Owner J-Other A Series C Voting Convertible Preferred Stock 84,700 1.00 84.7K 526,633 I
2025-02-28 Kaufman Jonathan H Director / Officer / 10% Owner J-Other A Series C Voting Convertible Preferred Stock 441,933 1.00 441.9K 441,933 I
2025-01-15 Kaufman Jonathan H Director / Officer / 10% Owner J-Other D Common Stock Purchase Warrants 11,795 1.00 11.8K 0 I
2024-12-31 Kaufman Jonathan H Director / Officer / 10% Owner J-Other A Common Stock Purchase Warrants 11,795 1.00 11.8K 11,795 I
2024-12-23 Kaufman Jonathan H Director / Officer / 10% Owner J-Other A Series C Voting Convertible Preferred Stock 260,108 1.00 260.1K 260,108 I
2024-05-14 Kaufman Jonathan H Director / Officer / 10% Owner P-Purchase A Common Stock 10,000 0.76 7.6K 898,849
2024-03-19 Kaufman Jonathan H Director / Officer / 10% Owner P-Purchase A Common Stock 25,000 0.87 21.8K 888,849
2024-03-18 Kaufman Jonathan H Director / Officer / 10% Owner P-Purchase A Common Stock 30,000 0.79 23.6K 863,849
2024-03-15 Yoshimura Naoki Director A-Award A Stock Options 25,000 0.77 19.3K 25,000
2024-03-15 Pruchnic Ryan Director A-Award A Stock Options 25,000 0.77 19.3K 25,000
2024-03-15 Kim Byong Director A-Award A Stock Options 25,000 0.77 19.3K 25,000
2024-03-15 Kaufman Jonathan H Director / Officer / 10% Owner A-Award A Stock Options 80,000 0.77 61.6K 80,000
2024-03-15 Johnston Douglas Officer A-Award A Stock Options 50,000 0.77 38.5K 50,000
2024-03-15 Cohen Daniel R Director A-Award A Stock Options 25,000 0.77 19.3K 25,000
2024-03-15 Chancellor Michael B Director / Officer / 10% Owner A-Award A Stock Options 80,000 0.77 61.6K 80,000
2024-03-15 Birder Lori Director A-Award A Stock Options 25,000 0.77 19.3K 25,000
2024-03-13 Kaufman Jonathan H Director / Officer / 10% Owner A-Award A Common Stock 144,906 0.69 100.0K 833,849
2024-03-13 Chancellor Michael B Director / Officer / 10% Owner A-Award A Common Stock 144,906 0.69 100.0K 877,637
2023-06-17 Birder Lori Director 0 0.00 0
2023-06-16 Yoshimura Naoki Director A-Award A Stock Options 25,000 2.19 54.8K 25,000
2023-06-16 Pruchnic Ryan Director A-Award A Stock Options 25,000 2.19 54.8K 25,000
2023-06-16 Kim Byong Director A-Award A Stock Options 25,000 2.19 54.8K 25,000
2023-06-16 Kaufman Jonathan H Director / Officer / 10% Owner A-Award A Stock Options 79,500 2.19 174.1K 79,500
2023-06-16 Johnston Douglas Officer A-Award A Options to Purchase 50,000 2.19 109.5K 50,000
2023-06-16 Cohen Daniel R Director A-Award A Stock Options 25,000 2.19 54.8K 25,000
2023-06-16 Chancellor Michael B Director / Officer / 10% Owner A-Award A Stock Options 79,500 2.19 174.1K 79,500
2023-06-16 Battleman David S. Director A-Award A Stock Options 25,000 2.19 54.8K 25,000
2023-03-21 Cohen Daniel R Director 0 0.00 0
2022-12-22 Chancellor Michael B Officer J-Other A Common Stock 22,950 5.75 132.0K 732,730
2022-12-19 Kaufman Jonathan H Officer D Common Stock 0 0.00 688,941
2022-12-19 Johnston Douglas Officer 0 0.00 0
2022-12-19 Chancellor Michael B Officer D Common Stock 0 0.00 709,780
2022-02-22 Kim Byong Director D Stock Options 10,000 5.00 50.0K
2021-09-03 Yoshimura Naoki Director D Stock Options 10,000 5.00 50.0K
2021-09-03 Pruchnic Ryan Director D Stock Options 10,000 5.00 50.0K
2021-09-03 Battleman David S. Director D Stock Options 10,000 5.00 50.0K

Executive team

Top executives
EBIT / Employee
-10.0K
Shares Outstanding
4.62M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2023 Jonathan Kaufman, Chief Executive Officer 204.1K 119.3K 323.4K 36.88%
2 2023 Michael Chancellor, Chief Medical Officer 195.8K 119.3K 315.1K 37.85%
3 2023 Douglas Johnston, Chief Financial Officer 165.0K 20.0K 75.0K 260.0K 28.85%
4 2022 Jonathan Kaufman, Chief Executive Officer 183.3K 730.5K 913.8K 79.94%
5 2022 Michael Chancellor, Chief Medical Officer 175.0K 730.5K 905.5K 80.67%
6 2022 Douglas Johnston, Chief Financial Officer 67.5K 67.5K 0.00%
7 2021 Jonathan Kaufman, Chief Executive Officer 183.3K 730.5K 913.8K 79.94%
8 2021 Michael Chancellor, Chief Medical Officer 101.3K 730.5K 831.8K 87.83%
9 2021 Douglas Johnston, Chief Financial Officer 12.0K 12.0K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-06-10 PRE 14A
2024-12-20 DEFA14A
2024-12-06 DEFA14A
2024-11-12 DEF 14A
2024-11-01 PRE 14A
2024-08-12 DEF 14A
2024-07-30 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-03-31 8-K
2026-02-04 8-K
2025-11-14 10-Q
2025-10-21 8-K
2025-10-09 8-K
2025-10-06 25-NSE
2025-09-18 8-K
2025-08-14 10-Q
2025-06-25 8-K
2025-06-20 8-K

Executive team

NameTitleCompensationGender
Jonathan Kaufman Co-Founder, Chairman, Chief Executive Officer, President, Secretary & Treasurer 233.3K
Douglas Johnston Chief Financial Officer 165.0K male
Janet Okonski Director of Clinical Operations female
Katie Johnston Controller
Michele Gruber Director of Operations female
ESG Rating
B
BIOTECHNOLOGY
Rank: 342 out of 662
2025
E (Environmental)
69.5 / 56.3
Company / Sector avg.
S (Social)
67.5 / 62.4
Company / Sector avg.
G (Governance)
63.8 / 60.9
Company / Sector avg.
ESG Total
66.9 / 59.9
Company / Sector avg.
ESG Score History BIOTECHNOLOGY
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits