Lipocine Inc. $LPCN
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- Nasdaq Capital Market
- Sector
- Pharmaceutical Preparations
- Headquarters
- Salt Lake City, United States
- Fiscal year end
- December 31
- Shares outstanding
- 8,244,253 [10-Q 2026-08-04]
What the company doesAI summary of filing
Lipocine Inc. is a biopharmaceutical company developing oral drug delivery solutions for difficult-to-deliver molecules. The company has licensed its FDA-approved product TLANDO (testosterone undecanoate for testosterone replacement therapy) to multiple partners including Verity Pharmaceuticals for the U.S. and Canada, SPC Korea for South Korea, Pharmalink for Gulf Cooperation Council countries, and Aché for Brazil, and receives milestone payments, royalties, and supply revenues from these agreements. The company is clinical-stage for its pipeline of candidates targeting central nervous system disorders (LPCN 1154 for postpartum depression, LPCN 2201 for major depressive disorder, LPCN 2101 for epilepsy, LPCN 2203 for essential tremor), liver disease (LPCN 1148), obesity management (LPCN 2401), and preterm birth prevention (LPCN 1107), and is exploring partnerships for further development of these candidates. [10-K 2026-03-10]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| 6 months to Jun 2026 | $309.5K | −$6.29M | −$5.29M | $4.98M | [10-Q 2026-08-04] |
| FY ended Dec 2025 | $1.98M | −$9.63M | −$9.76M | $5.21M | [10-K 2026-03-10] |
| FY ended Dec 2024 | $11.20M | $10.0K | −$1.22M | $6.21M | [10-K 2026-03-10] |
- Quarterly cash burn
- −$2.64M
- Cash runway Estimate
- ~5.7 months
Capital structure and dilution
| Date | Shares outstanding | Filing |
|---|---|---|
| 2024-11-06 | 5,347,940 | [10-Q 2024-11-07] |
| 2025-03-11 | 5,350,356 | [10-K 2025-03-13] |
| 2025-05-07 | 5,350,356 | [10-Q 2025-05-08] |
| 2025-08-04 | 5,419,047 | [10-Q 2025-08-05] |
| 2025-11-05 | 5,551,931 | [10-Q 2025-11-06] |
| 2026-03-09 | 7,299,687 | [10-K 2026-03-10] |
| 2026-05-06 | 8,244,253 | [10-Q 2026-05-07] |
| 2026-08-03 | 8,244,253 | [10-Q 2026-08-04] |
- Shelf registration
- S-3 filed 2023-11-22; declared effective 2024-04-25 [S-3 2023-11-22]
Listing status
Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-09-30 | Higuchi John W. | buy | 15,970 | $2.23 | [4 2026-10-01] |
| 2026-09-29 | Higuchi John W. | buy | 9,037 | $2.15 | [4 2026-10-01] |
| 2026-09-28 | Higuchi John W. | buy | 12,561 | $2.16 | [4 2026-09-30] |
| 2026-04-07 | Higuchi John W. | buy | 40,000 | $2.03 | [4 2026-04-07] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-10-07 | 8-K | Other events |
| 2026-09-16 | 8-K | Other events |
| 2026-09-14 | 8-K | Other events |
| 2026-09-11 | 8-K | Other events |
| 2026-09-10 | 8-K | Other events |
| 2026-08-21 | 8-K | Director or officer change |
| 2026-08-14 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-08-04 | 8-K | Results of operations |
| 2026-08-04 | 10-Q | Quarterly report |
| 2026-08-03 | 8-K | Director or officer change; Regulation FD disclosure |
| 2026-06-12 | 8-K | Other events |
| 2026-06-04 | 8-K | Director or officer change; Shareholder vote results |
Alerts for $LPCN
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Facts as of . Small caps move fast; check the latest filings.