MNOV Chart
About

MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. The company develops MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent in Phase 2b/3 clinical trial for treating neurological and other disorders, such as progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and substance dependence and addiction, as well as prevention of acute respiratory distress syndrome, and long COVID. It is also developing MN-001 (tipelukast), an orally bioavailable small molecule compound in Phase 2 clinical trial to treat fibrotic and other metabolic disorders, including nonalcoholic fatty liver disease and hypertriglycedemia. The company has a license agreement with Kyorin Pharmaceuticals for the development and commercialization of MN-166 and MN-001. MediciNova, Inc. was incorporated in 2000 and is headquartered in La Jolla, California.

Fundamentals
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Sector Healthcare Industry Biotechnology Market Cap 66.64M
Enterprise Value 42.74M Income -12.00M Sales 409.66K
Book/sh 0.84 Cash/sh 0.63 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -3.39 PEG —
P/S 162.68 P/B 1.60 P/C —
EV/EBITDA -3.22 EV/Sales 104.34 Quick Ratio 8.11
Current Ratio 8.16 Debt/Eq 0.51 LT Debt/Eq —
EPS (ttm) -0.25 EPS next Y -0.40 EPS Growth —
Revenue Growth — Earnings 2026-05-13 ROA -16.36%
ROE -25.50% ROIC — Gross Margin 7.58%
Oper. Margin -20.38% Profit Margin 0.00% Shs Outstand 49.15M
Shs Float 42.26M Short Float 0.53% Short Ratio 2.42
Short Interest — 52W High 1.96 52W Low 1.13
Beta 0.55 Avg Volume 84.57K Volume 115.27K
Target Price $10.00 Recom None Prev Close $1.49
Price $1.36 Change -8.99%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.00
Mean price target
2. Current target
$1.35
Latest analyst target
3. DCF / Fair value
$-2.23
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.35
Low
$9.00
High
$11.00
Mean
$10.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-30 main D. Boral Capital Buy → Buy $9
2025-12-18 main D. Boral Capital Buy → Buy $9
2025-12-08 main D. Boral Capital Buy → Buy $9
2025-11-04 main D. Boral Capital Buy → Buy $9
2025-10-31 main D. Boral Capital Buy → Buy $9
2025-09-22 main D. Boral Capital Buy → Buy $9
2025-08-27 main D. Boral Capital Buy → Buy $9
2025-07-24 main D. Boral Capital Buy → Buy $9
2025-06-16 main B. Riley Securities Buy → Buy $5
2025-04-09 main D. Boral Capital Buy → Buy $9
2025-03-14 main D. Boral Capital Buy → Buy $9
2025-02-21 main D. Boral Capital Buy → Buy $9
2024-12-06 main D. Boral Capital Buy → Buy $9
2024-12-02 init D. Boral Capital — → Buy $9
2021-03-10 init Maxim Group — → Buy $15
2020-03-13 main B. Riley Securities — → Buy $11
2018-03-28 init B. Riley Securities — → Buy $22
2012-05-24 main Ladenburg Thalmann — → Buy $11
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-12.65M-9.88M-14.61M-10.19M
NetIncomeFromContinuingOperationNetMinorityInterest-11.05M-8.57M-14.07M-10.13M
ReconciledDepreciation21.08K20.30K17.71K26.15K
EBITDA-12.65M-9.88M-14.61M-10.19M
EBIT-12.68M-9.90M-14.63M-10.22M
NetInterestIncome1.67M1.83M809.67K143.63K
InterestIncome1.67M1.83M809.67K143.63K
NormalizedIncome-11.05M-8.57M-14.07M-10.13M
NetIncomeFromContinuingAndDiscontinuedOperation-11.05M-8.57M-14.07M-10.13M
TotalExpenses12.68M10.90M14.63M14.25M
TotalOperatingIncomeAsReported-12.68M-9.90M-14.63M-10.22M
DilutedAverageShares49.05M49.05M49.05M48.60M
BasicAverageShares49.05M49.05M49.05M48.60M
DilutedEPS-0.23-0.17-0.29-0.21
BasicEPS-0.23-0.17-0.29-0.21
DilutedNIAvailtoComStockholders-11.05M-8.57M-14.07M-10.13M
NetIncomeCommonStockholders-11.05M-8.57M-14.07M-10.13M
NetIncome-11.05M-8.57M-14.07M-10.13M
NetIncomeIncludingNoncontrollingInterests-11.05M-8.57M-14.07M-10.13M
NetIncomeContinuousOperations-11.05M-8.57M-14.07M-10.13M
TaxProvision5.54K3.05K2.82K2.57K
PretaxIncome-11.04M-8.57M-14.07M-10.13M
OtherIncomeExpense-39.48K-502.87K-247.28K-59.50K
OtherNonOperatingIncomeExpenses-39.48K-502.87K-247.28K-59.50K
NetNonOperatingInterestIncomeExpense1.67M1.83M809.67K143.63K
InterestIncomeNonOperating1.67M1.83M809.67K143.63K
OperatingIncome-12.68M-9.90M-14.63M-10.22M
OperatingExpense12.68M10.90M14.63M14.25M
ResearchAndDevelopment7.19M5.66M9.14M8.54M
SellingGeneralAndAdministration5.48M5.24M5.48M5.72M
GeneralAndAdministrativeExpense5.48M5.24M5.48M5.72M
OtherGandA5.48M5.24M5.48M5.72M
TotalRevenue0.001.00M0.004.04M
OperatingRevenue0.001.00M0.004.04M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber49.05M49.05M49.05M49.04M
ShareIssued49.05M49.05M49.05M49.04M
TotalDebt193.77K215.93K157.50K131.97K
TangibleBookValue38.10M47.98M55.84M69.28M
InvestedCapital52.50M62.38M70.24M83.68M
WorkingCapital38.12M47.90M55.80M69.18M
NetTangibleAssets38.10M47.98M55.84M69.28M
CapitalLeaseObligations193.77K215.93K157.50K131.97K
CommonStockEquity52.50M62.38M70.24M83.68M
TotalCapitalization52.50M62.38M70.24M83.68M
TotalEquityGrossMinorityInterest52.50M62.38M70.24M83.68M
StockholdersEquity52.50M62.38M70.24M83.68M
GainsLossesNotAffectingRetainedEarnings-135.15K-118.09K-115.28K-98.88K
OtherEquityAdjustments-135.15K-118.09K-115.28K-98.88K
RetainedEarnings-426.75M-415.70M-407.13M-393.06M
AdditionalPaidInCapital479.34M478.15M477.44M476.79M
CapitalStock49.05K49.05K49.05K49.04K
CommonStock49.05K49.05K49.05K49.04K
TotalLiabilitiesNetMinorityInterest3.37M3.89M3.91M3.73M
TotalNonCurrentLiabilitiesNetMinorityInterest413.25K612.45K725.41K896.47K
OtherNonCurrentLiabilities211.46K410.66K523.62K694.67K
NonCurrentDeferredLiabilities201.79K201.79K201.79K201.79K
NonCurrentDeferredRevenue0.00
NonCurrentDeferredTaxesLiabilities201.79K201.79K201.79K201.79K
CurrentLiabilities2.96M3.28M3.19M2.83M
OtherCurrentLiabilities126.83K164.38K184.10K547.27K
CurrentDebtAndCapitalLeaseObligation193.77K215.93K157.50K131.97K
CurrentCapitalLeaseObligation193.77K215.93K157.50K131.97K
PensionandOtherPostRetirementBenefitPlansCurrent785.95K824.39K920.17K636.48K
PayablesAndAccruedExpenses1.85M2.07M1.93M1.52M
CurrentAccruedExpenses750.08K1.07M1.50M1.11M
Payables1.10M1.00M424.65K402.74K
AccountsPayable1.10M1.00M424.65K402.74K
TotalAssets55.88M66.27M74.15M87.41M
TotalNonCurrentAssets14.80M15.10M15.17M15.40M
OtherNonCurrentAssets19.00K74.15K92.79K115.49K
GoodwillAndOtherIntangibleAssets14.40M14.40M14.40M14.40M
OtherIntangibleAssets4.80M4.80M4.80M4.80M
Goodwill9.60M9.60M9.60M9.60M
NetPPE382.41K621.21K674.76K881.78K
AccumulatedDepreciation-402.73K-443.51K-432.80K-425.20K
GrossPPE785.14K1.06M1.11M1.31M
Leases0.0012.58K13.53K15.41K
OtherProperties356.90K575.41K629.50K824.22K
MachineryFurnitureEquipment428.24K476.73K464.54K467.36K
Properties0.000.000.000.00
CurrentAssets41.07M51.17M58.99M72.01M
OtherCurrentAssets714.54K174.94K499.40K577.99K
PrepaidAssets577.99K
CashCashEquivalentsAndShortTermInvestments40.36M51.00M58.49M71.43M
OtherShortTermInvestments0.0039.98M0.00
CashAndCashEquivalents40.36M51.00M18.51M71.43M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-10.64M-7.45M-12.92M-9.41M
IssuanceOfCapitalStock0.007.92K20.89M
CapitalExpenditure-895.00-21.30K-5.01K-28.73K
IncomeTaxPaidSupplementalData5.04K3.67K0.000.00
EndCashPosition40.36M51.00M18.51M71.43M
BeginningCashPosition51.00M18.51M71.43M60.04M
EffectOfExchangeRateChanges3.96K17.27K-16.81K26.55K
ChangesInCash-10.64M32.48M-52.91M11.37M
FinancingCashFlow0.007.92K20.78M
CashFlowFromContinuingFinancingActivities0.007.92K20.78M
NetOtherFinancingCharges-118.37K
ProceedsFromStockOptionExercised0.006.11K
NetCommonStockIssuance0.007.92K20.89M
CommonStockIssuance0.007.92K20.89M
InvestingCashFlow-697.0039.91M-40.01M-28.73K
CashFlowFromContinuingInvestingActivities-697.0039.91M-40.01M-28.73K
NetInvestmentPurchaseAndSale0.0039.93M-40.00M0.00
SaleOfInvestment0.0039.93M19.88M0.00
PurchaseOfInvestment0.00-59.88M0.00
NetPPEPurchaseAndSale-697.00-21.30K-5.01K-28.73K
SaleOfPPE198.000.00
PurchaseOfPPE-895.00-21.30K-5.01K-28.73K
OperatingCashFlow-10.64M-7.43M-12.91M-9.38M
CashFlowFromContinuingOperatingActivities-10.64M-7.43M-12.91M-9.38M
ChangeInWorkingCapital-979.56K111.99K334.10K-1.21M
ChangeInOtherCurrentLiabilities-176.20K-194.88K-145.51K-231.74K
ChangeInPayablesAndAccruedExpense-312.35K19.24K329.01K-1.03M
ChangeInPayable-312.35K19.24K329.01K-1.03M
ChangeInAccountPayable-312.35K19.24K329.01K-1.03M
ChangeInPrepaidAssets-491.00K287.63K150.60K50.32K
OtherNonCashItems173.52K-151.89K40.72K216.64K
StockBasedCompensation1.19M710.71K642.52K1.72M
DepreciationAmortizationDepletion21.08K20.30K17.71K26.15K
DepreciationAndAmortization21.08K20.30K17.71K26.15K
OperatingGainsLosses-198.00449.38K122.47K286.00
GainLossOnInvestmentSecurities448.90K122.47K
GainLossOnSaleOfPPE-198.00472.000.00286.00
NetIncomeFromContinuingOperations-11.05M-8.57M-14.07M-10.13M
SEC Filings

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

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