Microcap Ledger

Tickers · $OVID

Ovid Therapeutics Inc. $OVID

By Microcap Ledger desk · CIK 0001636651

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
New York, NY
Fiscal year end
December 31
Shares outstanding
195,297,857 [10-Q 2026-08-13]
as of 2026-08-11

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

What the company doesAI summary of filing

Ovid Therapeutics is a biopharmaceutical company developing small molecule medicines for brain disorders, focusing on conditions characterized by neuronal hyperexcitation such as epilepsies and psychosis. The company is at the clinical-stage development phase with five ongoing clinical programs: OV329 (a GABA-aminotransferase inhibitor for drug-resistant seizures and developmental epileptic encephalopathies), OV4071 and other KCC2 direct activators (for psychosis associated with Parkinson's disease, Lewy body dementia, and schizophrenia), and preclinical programs for other psychiatric conditions. Ovid generates revenue through clinical and commercial milestones from in-licensed programs, including a $7.0 million payment received in 2025 from the sale of ganaxolone royalty rights to Immedica Pharma. The company has no marketed products and is pre-revenue from product sales, relying on milestone payments and equity financing. [10-K 2026-03-18]

Segments: OV329 (GABA-aminotransferase inhibitor), OV4071 (KCC2 direct activator), KCC2 direct activator portfolio, Ganaxolone royalty agreement (Immedica/Marinus)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$733.0K−$32.00M −$31.49M$11.33M[10-Q 2026-08-13]
FY ended Dec 2025$7.25M−$17.40M −$38.33M$13.15M[10-K 2026-03-18]
FY ended Dec 2024$566.0K−$26.40M −$55.96M$26.30M[10-K 2026-03-18]
Quarterly cash burn
−$15.75M
Cash runway Estimate
~2.2 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
2024-11-0871,009,866[10-Q 2024-11-12]
2025-03-0771,109,514[10-K/A 2025-04-30]
2025-05-0971,109,514[10-Q 2025-05-13]
2025-08-0871,109,514[10-Q 2025-08-13]
2025-11-0771,212,353[10-Q 2025-11-12]
2026-03-16131,874,634[10-K 2026-03-18]
2026-05-08186,640,102[10-Q 2026-05-12]
2026-08-11195,297,857[10-Q 2026-08-13]
Shelf registration
S-3 filed 2026-04-21; declared effective 2026-04-24 [S-3 2026-04-21]

Listing status

Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2025-02-13. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2025-02-138-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-02-13]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-07-06Carter Charles Rossgrant50,000—[4 2026-07-08]
2026-04-07Papadopoulos Steliosgrant17,578$2.56[4 2026-04-09]
2026-04-07Friedman Bartgrant8,789$2.56[4 2026-04-09]
2026-04-07Fitzgerald Kevin Josephgrant17,578$2.56[4 2026-04-09]
2026-03-23Levin Jeremy Mexercise47,333$1.40[4 2026-03-25]
2026-02-23Alexander Margaret A.sell11,656$1.45[4 2026-03-02]

Catalysts and calendar

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