Microcap Ledger

Tickers · $IGC

IGC Pharma, Inc. $IGC

By Microcap Ledger desk · CIK 0001326205

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
NYSE American
Sector
Pharmaceutical Preparations
Headquarters
Potomac, MD
Fiscal year end
December 31
Shares outstanding
103,384,008 [10-Q 2026-08-14]
as of 2026-08-05

Sources: [10-KT 2026-03-18]

What the company doesAI summary of filing

IGC Pharma, Inc. is a clinical-stage biotechnology company focused on developing novel therapeutic candidates for neuropsychiatric and neurodegenerative disorders, with primary emphasis on Alzheimer's disease. The company's lead product candidate, IGC-AD1, is currently in Phase 2 clinical trials (CALMA trial) for treatment of agitation in Alzheimer's dementia, with interim data showing statistically significant improvements compared to placebo. IGC Pharma does not currently generate revenue from pharmaceutical product sales and operates as a pre-revenue clinical-stage organization funded through equity financings and debt facilities, with expectations to continue incurring operating losses as it advances its clinical programs. The company also develops MINT-AD, an artificial intelligence platform designed to support risk stratification and longitudinal assessment in Alzheimer's disease, and maintains a portfolio of earlier-stage therapeutic candidates including TGR-63 and IGC-M3 in preclinical evaluation. [10-KT 2026-03-18]

Segments: IGC-AD1 (Phase 2 clinical trial for agitation in Alzheimer's dementia), MINT-AD (artificial intelligence platform for Alzheimer's disease risk stratification), TGR-63 (preclinical compound for amyloid plaque formation), IGC-M3 (preclinical small-molecule compound for Alzheimer's disease)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$582.0K−$5.34M −$2.57M$331.0K[10-Q 2026-08-14]
FY ended Mar 2025$1.27M−$7.12M −$4.79M$405.0K[10-KT 2026-03-18]
FY ended Mar 2024$1.34M−$13.00M −$5.20M$1.20M[10-K 2025-06-27]
Quarterly cash burn
−$1.29M
Cash runway Estimate
~0.8 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-0777,449,374[10-Q 2024-11-12]
2025-02-1079,685,165[10-Q 2025-02-14]
2025-06-2083,891,586[10-K 2025-06-27]
2025-07-2890,809,112[10-Q 2025-08-14]
2025-10-3092,868,241[10-Q 2025-11-14]
2026-03-1198,796,089[10-KT 2026-03-18]
2026-04-27100,091,317[10-Q 2026-05-15]
2026-08-05103,384,008[10-Q 2026-08-14]
Shelf registration
S-3 filed 2025-11-17; declared effective 2025-12-05 [S-3 2025-11-17]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-25Mukunda Ramother100,000—[4 2026-09-29]
2026-09-25Mukunda Ramother100,000—[4 2026-09-29]
2026-09-25Grimaldi Claudiaother150,000—[4 2026-09-29]
2026-06-30Mukunda Ramgrant2,226,475$0.27[4 2026-07-01]
2026-06-30Grimaldi Claudiagrant2,048,378$0.27[4 2026-07-01]
2026-04-01Prins Richard Kexercise100,000—[4 2026-04-06]
2026-04-01Prins Richard Kexercise70,000—[4 2026-04-06]
2026-04-01Mukunda Ramexercise333,333—[4 2026-04-06]
2026-04-01Mukunda Ramexercise323,077$0.26[4 2026-04-06]
2026-04-01Mukunda Ramexercise16,667—[4 2026-04-06]
2026-04-01Mukunda Ramexercise33,332—[4 2026-04-06]
2026-04-01Moran James Pexercise80,000—[4 2026-04-06]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.