CDT Chart
About

CDT Equity Inc., a clinical-stage specialty biopharmaceutical company, develops pharmaceutical products that provides unmet medical needs in the areas of autoimmune diseases and idiopathic male infertility. Its pipeline includes AZD1656, which has completed Phase I trials for the treatment of type 2 diabetes, renal transplant, Hashimoto's thyroiditis, uveitis, and preterm labor; and AZD5904, which has completed Phase I clinical trials for the treatment of idiopathic male infertility. It has strategic services agreement with formulation development CDMO Agility Life Sciences to develop new solid oral-dosage form products. The company was formerly known as Conduit Pharmaceuticals Inc. and changed its name to CDT Equity Inc. in August 2025. The company was founded in 2019 and is based in Naples, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.58M
Enterprise Value -844.41K Income -20.30M Sales —
Book/sh 3.35 Cash/sh 2.35 Dividend Yield —
Payout 0.00% Employees 6 IPO —
P/E — Forward P/E — PEG —
P/S — P/B 0.20 P/C —
EV/EBITDA 0.05 EV/Sales — Quick Ratio 0.99
Current Ratio 1.66 Debt/Eq 43.83 LT Debt/Eq —
EPS (ttm) -179.34 EPS next Y — EPS Growth —
Revenue Growth — Earnings 2025-11-12 15:00 ROA -206.95%
ROE — ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 2.30M
Shs Float 1.29M Short Float 12.18% Short Ratio 0.90
Short Interest — 52W High 168.00 52W Low 0.61
Beta 1.77 Avg Volume 781.00K Volume 297.60K
Target Price — Recom None Prev Close $0.72
Price $0.69 Change -4.25%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.69
Latest analyst target
3. DCF / Fair value
$-129.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.69
Low
—
High
—
Mean
—
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 224800 402392.0 — Stock Award(Grant) at price 1.79 per share. REGAN ANDREW J. Chief Executive Officer — 2025-12-08 00:00:00 I
1 480000 nan — — BLIGH JAMES Chief Financial Officer — 2025-09-19 00:00:00 D
2 1120000 768656.0 — Stock Award(Grant) at price 0.69 per share. REGAN ANDREW J. Chief Executive Officer — 2025-09-19 00:00:00 D
3 35000 nan — — LEWIS-HALL FREDA C Director — 2025-08-12 00:00:00 D
4 35000 nan — — FARLEY CHELE CHIAVACCI Director — 2025-08-12 00:00:00 D
5 35000 nan — — FRY SIMON JEREMY Director — 2025-08-12 00:00:00 D
6 154799 500001.0 — Stock Award(Grant) at price 3.23 per share. REGAN ANDREW J. Chief Executive Officer — 2025-06-03 00:00:00 I
7 115194 100000.0 — Stock Award(Grant) at price 0.87 per share. CHARLES FAITH L. Director — 2025-04-16 00:00:00 D
8 47612 42375.0 — Stock Award(Grant) at price 0.89 per share. LEWIS-HALL FREDA C Director — 2025-03-28 00:00:00 D
9 46629 41500.0 — Stock Award(Grant) at price 0.89 per share. CHARLES FAITH L. Director — 2025-03-28 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.001.45M0.000.00
TaxRateForCalcs0.000.210.000.00
NormalizedEBITDA-15.35M-3.85M-3.42M-2.76M
TotalUnusualItems-500.00K6.90M-1.46M-411.00K
TotalUnusualItemsExcludingGoodwill-500.00K6.90M-1.46M-411.00K
NetIncomeFromContinuingOperationNetMinorityInterest-17.80M-535.00K-4.89M-3.66M
ReconciledDepreciation457.00K0.00
EBITDA-15.85M3.05M-4.89M-3.17M
EBIT-16.31M3.05M-4.89M-3.17M
NetInterestIncome-1.49M-196.00K0.00
InterestExpense1.51M211.00K0.00
InterestIncome13.00K15.00K0.00
NormalizedIncome-17.30M-5.99M-3.42M-3.25M
NetIncomeFromContinuingAndDiscontinuedOperation-17.80M-535.00K-4.89M-3.66M
TotalExpenses15.12M5.26M3.16M3.17M
TotalOperatingIncomeAsReported-15.42M-5.26M-3.16M-3.17M
DilutedAverageShares57.81K45.26K48.28K48.28K
BasicAverageShares57.81K44.65K48.28K48.28K
DilutedEPS-307.95-1.07K-101.23-75.75
BasicEPS-307.95-94.80-101.23-75.75
DilutedNIAvailtoComStockholders-17.80M-6.06M-4.89M-3.66M
AverageDilutionEarnings0.00-5.52M
NetIncomeCommonStockholders-17.80M-535.00K-4.89M-3.66M
NetIncome-17.80M-535.00K-4.89M-3.66M
NetIncomeIncludingNoncontrollingInterests-17.81M2.84M-4.89M-3.66M
NetIncomeContinuousOperations-17.81M2.84M-4.89M-3.66M
PretaxIncome-17.81M2.84M-4.89M-3.66M
OtherIncomeExpense-1.20M8.30M-1.73M-484.00K
OtherNonOperatingIncomeExpenses-700.00K1.40M-265.00K-73.00K
GainOnSaleOfSecurity-500.00K6.90M-1.46M-411.00K
NetNonOperatingInterestIncomeExpense-1.49M-196.00K0.00
InterestExpenseNonOperating1.51M211.00K0.00
InterestIncomeNonOperating13.00K15.00K0.00
OperatingIncome-15.12M-5.26M-3.16M-3.17M
OperatingExpense15.12M5.26M3.16M3.17M
OtherTaxes-300.00K
ResearchAndDevelopment3.38M90.00K111.00K283.00K
SellingGeneralAndAdministration12.04M5.17M3.05M2.89M
GeneralAndAdministrativeExpense12.04M5.17M3.05M2.89M
OtherGandA12.04M5.17M3.05M2.89M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber92.32K49.22K48.28K48.28K
ShareIssued92.32K49.22K48.28K48.28K
NetDebt6.68M2.01M749.00K
TotalDebt7.46M985.00K2.01M749.00K
TangibleBookValue-6.79M-457.00K-10.09M-5.94M
InvestedCapital438.00K528.00K-8.08M-5.19M
WorkingCapital-8.03M3.93M-4.18M
NetTangibleAssets-6.79M-457.00K-10.09M-5.94M
CapitalLeaseObligations226.00K0.00
CommonStockEquity-6.79M-457.00K-10.09M-5.94M
TotalCapitalization-6.79M-457.00K-8.25M-5.19M
TotalEquityGrossMinorityInterest-6.79M-457.00K-10.09M-5.94M
StockholdersEquity-6.79M-457.00K-10.09M-5.94M
GainsLossesNotAffectingRetainedEarnings414.00K411.00K675.00K-65.00K
OtherEquityAdjustments414.00K411.00K675.00K-65.00K
RetainedEarnings-29.10M-11.30M-10.77M-5.88M
AdditionalPaidInCapital21.88M10.42M0.00
CapitalStock14.00K7.00K6.00K0.00
CommonStock14.00K7.00K6.00K0.00
PreferredStock0.000.000.00
TotalLiabilitiesNetMinorityInterest10.99M7.68M10.09M5.94M
TotalNonCurrentLiabilitiesNetMinorityInterest245.00K5.88M5.92M3.71M
DerivativeProductLiabilities138.00K142.00K0.00
TradeandOtherPayablesNonCurrent0.005.74M0.00
NonCurrentDeferredLiabilities0.004.08M2.96M
NonCurrentDeferredRevenue0.004.08M2.96M
LongTermDebtAndCapitalLeaseObligation107.00K0.001.83M749.00K
LongTermCapitalLeaseObligation107.00K0.00
LongTermDebt1.83M749.00K
CurrentLiabilities10.74M1.80M4.18M2.23M
OtherCurrentLiabilities1.42M6.00K
CurrentDebtAndCapitalLeaseObligation7.35M985.00K175.00K
CurrentCapitalLeaseObligation119.00K0.00
CurrentDebt7.23M985.00K175.00K
OtherCurrentBorrowings6.66M800.00K175.00K
CurrentNotesPayable575.00K185.00K
PayablesAndAccruedExpenses3.39M816.00K2.58M2.23M
CurrentAccruedExpenses1.96M601.00K2.58M2.23M
Payables1.43M215.00K
AccountsPayable1.43M215.00K0.00
TotalAssets4.19M7.22M5.00K0.00
TotalNonCurrentAssets1.48M1.49M5.00K0.00
OtherNonCurrentAssets1.18M1.49M
GoodwillAndOtherIntangibleAssets0.005.00K0.00
OtherIntangibleAssets5.00K
NetPPE303.00K0.00
GrossPPE303.00K0.00
OtherProperties303.00K
CurrentAssets2.71M5.73M0.00
PrepaidAssets1.67M1.50M0.00
Receivables489.00K0.00
OtherReceivables489.00K
CashCashEquivalentsAndShortTermInvestments554.00K4.23M0.00
CashAndCashEquivalents554.00K4.23M0.00
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-9.73M-7.72M-2.27M-2.15M
RepaymentOfDebt-776.00K0.00
IssuanceOfDebt3.23M2.29M1.11M688.00K
IssuanceOfCapitalStock3.33M0.001.34M1.21M
CapitalExpenditure-51.00K
InterestPaidSupplementalData80.00K124.00K0.00
EndCashPosition554.00K4.23M0.000.00
BeginningCashPosition4.23M0.000.00252.00K
EffectOfExchangeRateChanges-16.00K299.00K1.00K1.00K
ChangesInCash-3.66M3.93M-1.00K-253.00K
FinancingCashFlow6.07M10.93M2.45M1.90M
CashFlowFromContinuingFinancingActivities6.07M10.93M2.45M1.90M
NetOtherFinancingCharges8.64M
ProceedsFromStockOptionExercised289.00K0.00
NetCommonStockIssuance3.33M0.001.34M1.21M
CommonStockIssuance3.33M0.001.34M1.21M
NetIssuancePaymentsOfDebt2.45M2.29M1.11M688.00K
NetShortTermDebtIssuance2.45M2.29M
ShortTermDebtPayments-776.00K0.00
ShortTermDebtIssuance3.23M2.29M
NetLongTermDebtIssuance2.29M1.11M688.00K
LongTermDebtIssuance2.29M1.11M688.00K
InvestingCashFlow-43.00K725.00K-183.00K0.00
CashFlowFromContinuingInvestingActivities-43.00K725.00K-183.00K0.00
NetOtherInvestingChanges228.00K-331.00K
NetInvestmentPurchaseAndSale8.00K497.00K148.00K0.00
SaleOfInvestment498.00K497.00K148.00K0.00
PurchaseOfInvestment-490.00K0.00
NetPPEPurchaseAndSale-51.00K0.00
PurchaseOfPPE-51.00K0.00
OperatingCashFlow-9.68M-7.72M-2.27M-2.15M
CashFlowFromContinuingOperatingActivities-9.68M-7.72M-2.27M-2.15M
ChangeInWorkingCapital-142.00K-2.52M596.00K1.36M
ChangeInOtherWorkingCapital331.00K
ChangeInOtherCurrentLiabilities-124.00K0.00
ChangeInOtherCurrentAssets0.005.00K-5.00K0.00
ChangeInPayablesAndAccruedExpense2.25M-1.53M601.00K1.36M
ChangeInAccruedExpense1.03M-1.75M601.00K1.36M
ChangeInPayable1.23M215.00K
ChangeInAccountPayable1.23M215.00K0.00
ChangeInPrepaidAssets-2.27M-990.00K0.00
OtherNonCashItems2.97M992.00K265.00K
StockBasedCompensation1.63M199.00K0.00
ProvisionandWriteOffofAssets0.00-240.00K331.00K
DepreciationAmortizationDepletion457.00K0.00
DepreciationAndAmortization457.00K0.00
AmortizationCashFlow447.00K0.00
AmortizationOfIntangibles447.00K0.00
Depreciation10.00K0.00
OperatingGainsLosses3.20M-5.62M1.43M149.00K
GainLossOnInvestmentSecurities2.48M-5.60M1.43M149.00K
NetForeignCurrencyExchangeGainLoss13.00K-39.00K0.00
NetIncomeFromContinuingOperations-17.80M-535.00K-4.89M-3.66M
SEC Filings

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

Public Trades for CDT
Date User Asset Broker Type Position Size Entry Price Patterns