BFRI Chart
About

Biofrontera Inc., a biopharmaceutical company, engages in the commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States. The company's products are used for the treatment of actinic keratoses, which are pre-cancerous skin lesions, as well as impetigo, a common skin infection. It offers Ameluz, a prescription drug for use in combination with the RhodoLED lamp series, for photodynamic therapy for the lesion-directed and field-directed treatment of actinic keratosis of mild-to-moderate severity on the face and scalp. The company also provides Xepi, a topical non-fluorinated quinolone that inhibits bacterial growth for the treatment of impetigo. The company was incorporated in 2015 and is headquartered in Woburn, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 9.07M
Enterprise Value 10.55M Income -17.57M Sales 37.16M
Book/sh -0.22 Cash/sh 0.29 Dividend Yield —
Payout 0.00% Employees 92 IPO —
P/E — Forward P/E -3.39 PEG —
P/S 0.24 P/B -3.51 P/C —
EV/EBITDA -0.60 EV/Sales 0.28 Quick Ratio 0.51
Current Ratio 1.15 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.50 EPS next Y -0.23 EPS Growth —
Revenue Growth -22.50% Earnings 2026-03-20 17:00 ROA -64.91%
ROE -11.92% ROIC — Gross Margin 64.41%
Oper. Margin -89.84% Profit Margin -47.28% Shs Outstand 11.65M
Shs Float 8.17M Short Float 1.24% Short Ratio 0.34
Short Interest — 52W High 1.19 52W Low 0.54
Beta 0.63 Avg Volume 461.55K Volume 114.77K
Target Price $6.00 Recom Strong_buy Prev Close $0.79
Price $0.78 Change -1.43%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.00
Mean price target
2. Current target
$0.82
Latest analyst target
3. DCF / Fair value
$-6.98
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.82
Low
$3.00
High
$9.00
Mean
$6.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-05-19 main Benchmark Buy → Buy $3
2024-11-15 reit Benchmark Buy → Buy $7
2024-08-16 reit Benchmark Buy → Buy $7
2023-08-31 reit Benchmark Buy → Buy $18
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership
0 137500 — — LUEBBERT HERMANN Chief Executive Officer — 2025-09-10 00:00:00 D
1 87500 — — LEFFLER EUGENE FREDERICK Chief Financial Officer — 2025-09-10 00:00:00 D
2 4771 — — LUEBBERT HERMANN Chief Executive Officer — 2024-05-17 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems325.50K634.83K4.60M-3.28M
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-16.03M-21.48M-20.97M-24.61M
TotalUnusualItems1.55M3.02M21.91M-12.15M
TotalUnusualItemsExcludingGoodwill1.55M3.02M21.91M-12.15M
NetIncomeFromContinuingOperationNetMinorityInterest-17.76M-20.13M-640.00K-37.71M
ReconciledDepreciation1.15M1.06M1.17M540.00K
ReconciledCostOfRevenue18.61M17.44M15.19M12.74M
EBITDA-14.48M-18.45M934.00K-36.76M
EBIT-15.63M-19.52M-238.00K-37.30M
NetInterestIncome-2.08M-560.00K-203.00K-344.00K
InterestExpense2.11M600.00K370.00K360.00K
InterestIncome71.00K132.00K175.00K16.00K
NormalizedIncome-18.98M-22.52M-17.95M-28.84M
NetIncomeFromContinuingAndDiscontinuedOperation-17.76M-20.13M-640.00K-37.71M
TotalExpenses54.53M56.65M51.05M49.95M
TotalOperatingIncomeAsReported-17.21M-22.68M-18.58M-25.20M
DilutedAverageShares5.52M1.55M1.33M440.41K
BasicAverageShares5.52M1.55M1.33M440.41K
DilutedEPS-3.22-13.02-0.48-85.60
BasicEPS-3.22-13.02-0.48-85.60
DilutedNIAvailtoComStockholders-17.76M-20.13M-640.00K-37.71M
NetIncomeCommonStockholders-17.76M-20.13M-640.00K-37.71M
NetIncome-17.76M-20.13M-640.00K-37.71M
NetIncomeIncludingNoncontrollingInterests-17.76M-20.13M-640.00K-37.71M
NetIncomeContinuousOperations-17.76M-20.13M-640.00K-37.71M
TaxProvision22.00K14.00K32.00K56.00K
PretaxIncome-17.74M-20.12M-608.00K-37.66M
OtherIncomeExpense1.55M3.02M21.98M-11.46M
OtherNonOperatingIncomeExpenses-1.00K-3.00K69.00K689.00K
SpecialIncomeCharges-148.00K7.42M3.80M650.00K
OtherSpecialCharges148.00K-7.52M
RestructuringAndMergernAcquisition0.00100.00K-3.80M-650.00K
GainOnSaleOfSecurity1.70M-4.40M18.11M-12.80M
NetNonOperatingInterestIncomeExpense-2.08M-560.00K-203.00K-344.00K
TotalOtherFinanceCost41.00K92.00K8.00K
InterestExpenseNonOperating2.11M600.00K370.00K360.00K
InterestIncomeNonOperating71.00K132.00K175.00K16.00K
OperatingIncome-17.21M-22.58M-22.38M-25.85M
OperatingExpense35.92M39.20M35.87M37.21M
ResearchAndDevelopment2.09M77.00K0.00
SellingGeneralAndAdministration33.84M39.13M35.87M37.21M
GeneralAndAdministrativeExpense39.13M35.87M37.21M
OtherGandA39.13M35.87M37.21M
GrossProfit18.71M16.63M13.49M11.36M
CostOfRevenue18.61M17.44M15.19M12.74M
TotalRevenue37.32M34.07M28.67M24.10M
OperatingRevenue37.32M34.07M28.67M24.10M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber8.87M1.52M1.33M855.24K
ShareIssued8.87M1.52M1.33M855.24K
NetDebt2.56M
TotalDebt4.92M5.40M1.35M0.00
TangibleBookValue4.40M2.16M20.85M7.89M
InvestedCapital8.53M8.70M23.88M11.34M
WorkingCapital8.68M4.99M22.25M32.59M
NetTangibleAssets4.40M2.16M20.85M7.89M
CapitalLeaseObligations824.00K1.50M1.35M0.00
CommonStockEquity4.43M4.79M23.88M11.34M
TotalCapitalization8.53M4.79M23.88M11.34M
TotalEquityGrossMinorityInterest4.43M4.79M23.88M11.34M
StockholdersEquity4.43M4.79M23.88M11.34M
RetainedEarnings-117.41M-99.65M-79.52M-78.88M
AdditionalPaidInCapital121.83M104.44M103.40M90.20M
CapitalStock9.00K2.00K1.00K17.00K
CommonStock9.00K2.00K1.00K17.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest17.67M23.14M27.01M41.88M
TotalNonCurrentLiabilitiesNetMinorityInterest5.65M5.05M6.11M28.05M
OtherNonCurrentLiabilities23.00K37.00K21.00K5.65M
DerivativeProductLiabilities1.25M4.21M2.84M12.85M
NonCurrentDeferredLiabilities0.002.40M9.54M
NonCurrentDeferredRevenue0.002.40M9.54M
LongTermDebtAndCapitalLeaseObligation4.37M804.00K848.00K0.00
LongTermCapitalLeaseObligation276.00K804.00K848.00K0.00
LongTermDebt4.10M
CurrentLiabilities12.02M18.09M20.89M13.84M
OtherCurrentLiabilities613.00K686.00K372.00K829.00K
CurrentDeferredLiabilities0.006.94M3.24M
CurrentDeferredRevenue0.006.94M3.24M
CurrentDebtAndCapitalLeaseObligation548.00K4.59M498.00K
CurrentCapitalLeaseObligation548.00K691.00K498.00K0.00
CurrentDebt3.90M
OtherCurrentBorrowings3.90M
PensionandOtherPostRetirementBenefitPlansCurrent2.43M2.19M2.85M2.38M
CurrentProvisions58.00K149.00K82.00K246.00K
PayablesAndAccruedExpenses8.37M10.47M10.15M7.13M
CurrentAccruedExpenses1.17M1.47M7.56M6.20M
Payables7.20M9.01M2.59M940.00K
DuetoRelatedPartiesCurrent5.34M5.70M1.31M282.00K
AccountsPayable1.86M3.31M1.28M658.00K
TotalAssets22.10M27.93M50.88M53.22M
TotalNonCurrentAssets1.40M4.86M7.74M6.80M
OtherNonCurrentAssets383.00K482.00K320.00K268.00K
DuefromRelatedPartiesNonCurrent0.002.81M2.81M
NonCurrentAccountsReceivable2.81M2.81M
GoodwillAndOtherIntangibleAssets35.00K2.63M3.03M3.45M
OtherIntangibleAssets2.63M3.03M3.45M
NetPPE983.00K1.75M1.58M267.00K
AccumulatedDepreciation-557.00K-507.00K-406.00K
GrossPPE983.00K1.75M2.09M673.00K
Leases368.00K368.00K368.00K
OtherProperties983.00K1.75M1.38M
MachineryFurnitureEquipment323.00K343.00K305.00K
Properties0.000.000.00
CurrentAssets20.70M23.07M43.14M46.42M
OtherCurrentAssets527.00K5.58M286.00K756.00K
AssetsHeldForSaleCurrent2.30M0.00
PrepaidAssets305.00K524.00K973.00K
Inventory6.65M10.91M7.17M4.46M
Receivables5.32M5.16M7.41M15.69M
OtherReceivables3.26M
DuefromRelatedPartiesCurrent0.003.66M8.65M
AccountsReceivable5.32M5.16M3.75M3.78M
AllowanceForDoubtfulAccountsReceivable-200.00K-200.00K-100.00K-18.00M
GrossAccountsReceivable5.51M5.36M3.85M21.78M
CashCashEquivalentsAndShortTermInvestments5.91M1.42M27.76M24.55M
OtherShortTermInvestments7.00K78.00K10.55M0.00
CashAndCashEquivalents5.91M1.34M17.21M24.55M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-10.33M-24.90M-16.24M-26.73M
RepaymentOfDebt-4.32M-21.34M
IssuanceOfDebt4.05M25.25M0.000.00
IssuanceOfCapitalStock7.66M4.51M9.39M29.94M
CapitalExpenditure-60.00K-5.00K-38.00K-11.00K
InterestPaidSupplementalData1.73M147.00K1.00K2.00K
IncomeTaxPaidSupplementalData24.00K15.00K32.00K56.00K
EndCashPosition6.11M1.54M17.41M24.74M
BeginningCashPosition1.54M17.41M24.74M8.28M
ChangesInCash4.56M-15.87M-7.33M16.46M
FinancingCashFlow14.84M8.41M14.02M43.19M
CashFlowFromContinuingFinancingActivities14.84M8.41M14.02M43.19M
ProceedsFromStockOptionExercised7.44M0.004.63M13.25M
NetPreferredStockIssuance7.66M0.00
PreferredStockIssuance7.66M0.00
NetCommonStockIssuance0.004.51M9.39M29.94M
CommonStockIssuance0.004.51M9.39M29.94M
NetIssuancePaymentsOfDebt-265.00K3.90M0.000.00
NetShortTermDebtIssuance-265.00K3.90M0.00
ShortTermDebtPayments-4.32M-21.34M
ShortTermDebtIssuance4.05M25.25M0.00
NetLongTermDebtIssuance21.45M0.000.00
LongTermDebtIssuance21.45M0.000.00
InvestingCashFlow-3.00K619.00K-5.16M-11.00K
CashFlowFromContinuingInvestingActivities-3.00K619.00K-5.16M-11.00K
NetInvestmentPurchaseAndSale57.00K624.00K-5.12M0.00
SaleOfInvestment57.00K624.00K0.00
PurchaseOfInvestment0.00-5.12M0.00
NetIntangiblesPurchaseAndSale-50.00K0.00
PurchaseOfIntangibles-50.00K0.00
NetPPEPurchaseAndSale-10.00K-5.00K-38.00K-11.00K
PurchaseOfPPE-10.00K-5.00K-38.00K-11.00K
OperatingCashFlow-10.27M-24.89M-16.20M-26.71M
CashFlowFromContinuingOperatingActivities-10.27M-24.89M-16.20M-26.71M
ChangeInWorkingCapital6.21M-4.39M2.79M-1.50M
ChangeInOtherCurrentLiabilities-689.00K-657.00K-781.00K0.00
ChangeInOtherCurrentAssets5.16M-5.16M0.00
ChangeInPayablesAndAccruedExpense-2.04M64.00K-2.69M11.71M
ChangeInAccruedExpense-230.00K-6.35M-3.61M12.48M
ChangeInPayable-1.81M6.42M912.00K-773.00K
ChangeInAccountPayable-1.81M6.42M-773.00K
ChangeInPrepaidAssets-141.00K174.00K4.15M-3.81M
ChangeInInventory4.23M-3.75M-2.81M2.59M
ChangeInReceivables-313.00K4.93M4.92M-12.00M
ChangesInAccountReceivables-315.00K-1.54M-70.00K-612.00K
OtherNonCashItems297.00K-6.88M-3.44M-1.04M
StockBasedCompensation1.02M1.04M1.85M129.00K
UnrealizedGainLossOnInvestmentSecurities7.42M-1.75M0.00
ProvisionandWriteOffofAssets162.00K122.00K206.00K77.00K
DepreciationAmortizationDepletion1.15M1.06M1.17M540.00K
DepreciationAndAmortization1.15M1.06M1.17M540.00K
AmortizationCashFlow329.00K418.00K418.00K418.00K
AmortizationOfIntangibles329.00K418.00K418.00K418.00K
Depreciation820.00K646.00K754.00K122.00K
OperatingGainsLosses-1.35M4.28M-16.39M12.80M
GainLossOnInvestmentSecurities-1.67M4.28M-16.39M12.80M
NetIncomeFromContinuingOperations-17.76M-20.13M-640.00K-37.71M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BFRI
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