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Lisata Therapeutics Inc

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Lisata Therapeutics Inc AI Insights

Informational only. Not investment advice.
As of 2026-02-20

Snapshot

  • Cash burn of 17.3M TTM vs 19M cash on hand = ~13 months runway without dilution or new financing[Free Cash Flow TTM]
  • P/S ratio 36.6x vs industry median 4.0x on just 1.1M TTM revenue - priced entirely on pipeline optionality[P/S Ratio]
  • Zero debt with 17M working capital - clean balance sheet but R&D of 9.8M TTM consuming 46% of opex[Total Debt]

Watch Triggers

  • Cash and Equivalents: Falls below 10MSub-6 month runway triggers emergency financing at distressed terms
  • Issuance of Capital Stock: Exceeds 5M in any quarterSignals dilutive raise - current holders face 15%+ ownership reduction
  • Research and Development TTM: Drops below 8MR&D cuts signal pipeline deprioritization or cash conservation mode

Bull Case

Debt-free balance sheet with 19M cash provides runway for clinical milestones without immediate dilution pressure. EV of just 20M means market assigns minimal value to pipeline.

Cash and EquivalentsEnterprise ValueTotal Debt

R&D intensity (9.8M of 21M opex) signals active pipeline development. Any positive clinical data could re-rate stock given 36x P/S already prices in optionality.

Research and Development TTMP/S Ratio

Bear Case

13-month cash runway at current burn forces dilutive financing by early 2027. With 1.1M revenue TTM, no commercial engine exists to self-fund operations.

Free Cash Flow TTMCash and EquivalentsTotal Revenue TTM

ROE of -71% and ROIC of -71% TTM reflect pre-commercial biotech reality. P/B of 2.3x means paying premium over liquidation value for unproven assets.

ROE TTMROIC TTMP/B Ratio

Bull vs Bear Balance

AI-generated sentiment analysis based on fundamental metrics and market conditions.

BearBull
35%

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Forward Thesis

Binary catalyst ahead: clinical data readout will either validate premium valuation or trigger 50%+ correction

3-12mmed
  • R&D spend 9.8M TTM focused on pipeline advancement
  • Market cap 39M implies significant success probability
  • Cash runway forces near-term financing decision
EV 20M vs 39M market cap shows net cash positionOperating loss 20M TTM is sustainable paceZero debt provides financing flexibility

Valuation Context

Caveats

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Fundamental company data provided by Morningstar, updated daily.

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