GRI Chart
About

GRI Bio, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies that target diseases leading to inflammatory, fibrotic, and autoimmune disorders in the United States. Its lead product candidate is GRI-0621, an oral inhibitor of type 1 Natural Killer T cells, which is in phase IIa clinical trial for the treatment of severe fibrotic lung diseases, such as idiopathic pulmonary fibrosis. The company's portfolio also includes GRI-0803, a novel oral agonist of type 2 Natural Killer T cells that is in preclinical development for the treatment of autoimmune disorders; a proprietary library of 500+ compounds; and GRI-0124 and GRI-0729 for balance inflammatory immune responses. The company was formerly known as Glycoregimmune, Inc. GRI Bio, Inc. was founded in 2009 and is based in LA Jolla, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 3.47M
Enterprise Value -4.69M Income -11.96M Sales —
Book/sh 12.07 Cash/sh 5.70 Dividend Yield —
Payout 0.00% Employees 3 IPO —
P/E — Forward P/E -0.19 PEG —
P/S — P/B 0.20 P/C —
EV/EBITDA 0.39 EV/Sales — Quick Ratio 3.11
Current Ratio 3.25 Debt/Eq 1.18 LT Debt/Eq —
EPS (ttm) -121.80 EPS next Y -12.60 EPS Growth —
Revenue Growth — Earnings 2026-01-30 07:00 ROA -103.93%
ROE -238.17% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 1.45M
Shs Float 1.45M Short Float 10.25% Short Ratio 0.18
Short Interest — 52W High 311.36 52W Low 2.10
Beta -1.23 Avg Volume 403.79K Volume 34.63K
Target Price $644.00 Recom None Prev Close $2.33
Price $2.40 Change 3.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$644.00
Mean price target
2. Current target
$2.40
Latest analyst target
3. DCF / Fair value
$-68.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.40
Low
$280.00
High
$1008.00
Mean
$644.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-08 main Ascendiant Capital Buy → Buy $36
2025-09-22 main Ascendiant Capital Buy → Buy $35
2025-06-11 reit HC Wainwright & Co. Buy → Buy $10
2025-05-27 main Ascendiant Capital Buy → Buy $34
2025-04-14 reit HC Wainwright & Co. Buy → Buy $10
2024-12-09 init HC Wainwright & Co. — → Buy $10
2024-12-05 main Ascendiant Capital Buy → Buy $13
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-11.97M-8.23M-10.95M-2.24M
TotalUnusualItems182.00K-325.00K50.00K
TotalUnusualItemsExcludingGoodwill182.00K-325.00K50.00K
NetIncomeFromContinuingOperationNetMinorityInterest-11.96M-8.21M-13.04M-3.22M
ReconciledDepreciation4.00K4.00K4.00K3.00K
EBITDA-11.97M-8.23M-10.95M-2.56M
EBIT-11.98M-8.23M-10.96M-2.56M
NetInterestIncome21.00K25.00K-2.08M-653.00K
InterestExpense2.08M653.00K547.00K
InterestIncome21.00K25.00K
NormalizedIncome-11.96M-8.21M-13.04M-2.89M
NetIncomeFromContinuingAndDiscontinuedOperation-11.96M-8.21M-13.04M-3.22M
TotalExpenses11.98M8.23M11.39M2.24M
TotalOperatingIncomeAsReported-11.98M-8.23M-11.39M-2.24M
DilutedAverageShares98.16K6.55K104.0068.00
BasicAverageShares98.16K6.55K104.0068.00
DilutedEPS-121.80-1.55K-125.36K-47.31K
BasicEPS-121.80-1.55K-125.36K-47.31K
DilutedNIAvailtoComStockholders-11.96M-10.12M-13.04M-3.22M
NetIncomeCommonStockholders-11.96M-10.12M-13.04M-3.22M
OtherunderPreferredStockDividend0.001.91M
NetIncome-11.96M-8.21M-13.04M-3.22M
NetIncomeIncludingNoncontrollingInterests-11.96M-8.21M-13.04M-3.22M
NetIncomeContinuousOperations-11.96M-8.21M-13.04M-3.22M
PretaxIncome-11.96M-8.21M-13.04M-3.22M
OtherIncomeExpense3.00K432.00K-325.00K50.00K
OtherNonOperatingIncomeExpenses3.00K432.00K
SpecialIncomeCharges0.00-325.00K50.00K
OtherSpecialCharges325.00K-50.00K
GainOnSaleOfSecurity182.00K
NetNonOperatingInterestIncomeExpense21.00K25.00K-2.08M-653.00K
InterestExpenseNonOperating2.08M653.00K547.00K
InterestIncomeNonOperating21.00K25.00K
OperatingIncome-11.98M-8.23M-11.39M-2.24M
OperatingExpense11.98M8.23M11.39M2.24M
ResearchAndDevelopment6.82M3.77M3.23M242.00K
SellingGeneralAndAdministration5.16M4.47M8.15M2.00M
GeneralAndAdministrativeExpense5.16M4.47M8.15M2.00M
OtherGandA5.16M4.47M8.15M2.00M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber361.47K18.77K104.0068.00
ShareIssued361.47K18.77K104.0068.00
NetDebt593.00K3.41M
TotalDebt71.00K119.00K14.00K673.00K
TangibleBookValue6.01M4.03M259.00K-1.62M
InvestedCapital6.01M4.03M259.00K-1.02M
WorkingCapital5.95M3.98M237.00K-1.68M
NetTangibleAssets6.01M4.03M259.00K-1.62M
CapitalLeaseObligations71.00K119.00K14.00K71.00K
CommonStockEquity6.01M4.03M259.00K-1.62M
TotalCapitalization6.01M4.03M259.00K-1.62M
TotalEquityGrossMinorityInterest6.01M4.03M259.00K-1.62M
StockholdersEquity6.01M4.03M259.00K-1.62M
RetainedEarnings-51.70M-39.74M-31.53M-18.50M
AdditionalPaidInCapital57.70M43.77M31.79M16.87M
CapitalStock0.000.000.000.00
CommonStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest2.66M1.71M2.70M2.01M
TotalNonCurrentLiabilitiesNetMinorityInterest15.00K71.00K0.0014.00K
LongTermDebtAndCapitalLeaseObligation15.00K71.00K0.0014.00K
LongTermCapitalLeaseObligation15.00K71.00K0.0014.00K
CurrentLiabilities2.64M1.64M2.70M1.99M
OtherCurrentLiabilities3.00K
CurrentDeferredLiabilities0.005.00K0.00
CurrentDebtAndCapitalLeaseObligation56.00K48.00K14.00K659.00K
CurrentCapitalLeaseObligation56.00K48.00K14.00K57.00K
CurrentDebt602.00K3.50M
OtherCurrentBorrowings3.50M
CurrentNotesPayable0.00602.00K0.00
PensionandOtherPostRetirementBenefitPlansCurrent33.00K142.00K
PayablesAndAccruedExpenses2.59M1.59M2.68M1.33M
CurrentAccruedExpenses750.00K691.00K1.27M36.00K
InterestPayable0.001.11M
Payables1.84M897.00K1.41M1.29M
AccountsPayable1.84M897.00K1.41M1.29M
TotalAssets8.67M5.74M2.96M383.00K
TotalNonCurrentAssets74.00K124.00K22.00K71.00K
NonCurrentPrepaidAssets4.00K5.00K
NetPPE74.00K124.00K22.00K71.00K
AccumulatedDepreciation-34.00K-30.00K-26.00K-22.00K
GrossPPE108.00K154.00K48.00K93.00K
OtherProperties71.00K120.00K14.00K67.00K
MachineryFurnitureEquipment37.00K34.00K34.00K26.00K
CurrentAssets8.59M5.62M2.93M312.00K
OtherCurrentAssets363.00K587.00K1.13M303.00K
CashCashEquivalentsAndShortTermInvestments8.23M5.03M1.81M9.00K
CashAndCashEquivalents8.23M5.03M1.81M9.00K
CashFinancial8.23M5.03M1.81M9.00K
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-10.19M-8.61M-9.00M-1.09M
RepurchaseOfCapitalStock-1.00K-1.00K0.00-124.00K
RepaymentOfDebt0.00-250.00K0.00
IssuanceOfDebt0.001.25M1.50M500.00K
IssuanceOfCapitalStock15.56M13.10M12.25M0.00
CapitalExpenditure-3.00K-8.00K-3.00K
InterestPaidSupplementalData0.0033.00K0.00
EndCashPosition8.23M5.03M1.81M9.00K
BeginningCashPosition5.03M1.81M9.00K90.00K
ChangesInCash3.20M3.22M1.80M-81.00K
FinancingCashFlow13.39M11.83M10.80M1.01M
CashFlowFromContinuingFinancingActivities13.39M11.83M10.80M1.01M
NetOtherFinancingCharges-2.17M-2.03M-2.71M-119.00K
ProceedsFromStockOptionExercised0.00762.00K12.00K0.00
NetCommonStockIssuance15.56M13.10M12.25M-124.00K
CommonStockPayments-1.00K-1.00K0.00-124.00K
CommonStockIssuance15.56M13.10M12.25M0.00
NetIssuancePaymentsOfDebt0.001.25M1.25M500.00K
NetShortTermDebtIssuance0.001.25M1.25M500.00K
ShortTermDebtPayments0.00-250.00K0.00
ShortTermDebtIssuance0.001.25M1.50M500.00K
NetLongTermDebtIssuance1.25M
LongTermDebtPayments-125.00K
LongTermDebtIssuance1.38M
InvestingCashFlow-3.00K0.00-8.00K-3.00K
CashFlowFromContinuingInvestingActivities-3.00K0.00-8.00K-3.00K
NetPPEPurchaseAndSale-3.00K0.00-8.00K-3.00K
PurchaseOfPPE-3.00K0.00-8.00K-3.00K
OperatingCashFlow-10.19M-8.61M-8.99M-1.08M
CashFlowFromContinuingOperatingActivities-10.19M-8.61M-8.99M-1.08M
ChangeInWorkingCapital925.00K-448.00K1.68M1.51M
ChangeInOtherCurrentLiabilities-48.00K105.00K-57.00K-43.00K
ChangeInPayablesAndAccruedExpense722.00K-866.00K2.28M1.59M
ChangeInAccruedExpense59.00K-479.00K125.00K696.00K
ChangeInPayable663.00K-387.00K2.16M897.00K
ChangeInAccountPayable663.00K-387.00K2.16M897.00K
ChangeInPrepaidAssets251.00K313.00K-547.00K-35.00K
OtherNonCashItems48.00K-105.00K2.16M217.00K
StockBasedCompensation793.00K148.00K388.00K25.00K
AssetImpairmentCharge53.00K47.00K
DepreciationAmortizationDepletion4.00K4.00K4.00K3.00K
DepreciationAndAmortization4.00K4.00K4.00K3.00K
Depreciation4.00K4.00K4.00K3.00K
OperatingGainsLosses-3.00K-182.00K325.00K-50.00K
GainLossOnInvestmentSecurities-3.00K-182.00K
NetIncomeFromContinuingOperations-11.96M-8.21M-13.04M-3.22M
SEC Filings

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

Public Trades for GRI
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