MTNB Chart
About

Matinas BioPharma Holdings, Inc., a clinical-stage biopharmaceutical company, identifies and develops pharmaceutical products using its lipid nanocrystal (LNC) platform technology. The company's LNC delivery technology platform utilizes lipid nanocrystals for the delivery of small molecules, nucleic acids, gene therapies, vaccines, proteins, and peptides. Its lead product candidate is MAT2203, an oral formulation of amphotericin B that is starting Phase 3 clinical trials for the treatment of aspergillosis and cryptococcosis, as well as prevention of invasive fungal infections in patients due to immunosuppressive therapy. It offers MAT2501, an orally administered formulation of amikacin. The company has strategic collaborations with the National Institute of Allergy and Infectious Diseases; BioNTech SE to evaluate the combination of mRNA formats with the LNC platform; and Genentech Inc. to develop oral formulations. The company was incorporated in 2013 and is based in Bedminster, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 4.10M
Enterprise Value 902.87K Income -17.48M Sales —
Book/sh 1.09 Cash/sh 0.85 Dividend Yield —
Payout 0.00% Employees 3 IPO —
P/E — Forward P/E -0.21 PEG —
P/S — P/B 0.58 P/C —
EV/EBITDA -0.10 EV/Sales — Quick Ratio 3.63
Current Ratio 3.78 Debt/Eq 36.13 LT Debt/Eq —
EPS (ttm) -3.42 EPS next Y -3.00 EPS Growth —
Revenue Growth — Earnings 2025-08-13 16:00 ROA -38.81%
ROE -151.68% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 6.41M
Shs Float 5.23M Short Float 0.01% Short Ratio 0.01
Short Interest — 52W High 3.09 52W Low 0.47
Beta 1.33 Avg Volume 35.87K Volume 4.02K
Target Price — Recom None Prev Close $0.62
Price $0.64 Change 2.40%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.64
Latest analyst target
3. DCF / Fair value
$-11.88
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.64
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-10-31 down Maxim Group Buy → Hold —
2023-01-31 reit HC Wainwright & Co. — → Buy $3
2020-08-13 main Aegis Capital — → Buy $4
2020-01-27 init Piper Sandler — → Overweight $3
2020-01-24 init SunTrust Robinson Humphrey — → Buy $3
2019-06-26 init HC Wainwright & Co. — → Buy $4
2019-05-17 init BTIG — → Buy $5
2019-02-11 init Roth Capital — → Buy —
2018-11-13 main Maxim Group Buy → Buy $5
2018-08-13 main Maxim Group Buy → Buy $2
2018-07-10 main Maxim Group Buy → Buy $3
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-14.62K0.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-14.76M-23.31M-27.18M-25.28M
TotalUnusualItems-4.43M484.00K3.49M1.33M
TotalUnusualItemsExcludingGoodwill-4.43M484.00K3.49M1.33M
NetIncomeFromContinuingOperationNetMinorityInterest-24.25M-22.94M-21.00M-23.28M
ReconciledDepreciation972.00K941.00K898.00K781.00K
EBITDA-19.19M-22.82M-23.69M-23.95M
EBIT-20.16M-23.77M-24.59M-24.73M
NormalizedIncome-19.83M-23.43M-24.49M-24.61M
NetIncomeFromContinuingAndDiscontinuedOperation-24.25M-22.94M-21.00M-23.28M
TotalExpenses20.16M24.86M27.78M24.77M
TotalOperatingIncomeAsReported-24.59M-23.77M-24.59M-24.73M
DilutedAverageShares4.87M4.35M4.34M4.20M
BasicAverageShares4.87M4.35M4.34M4.20M
DilutedEPS-4.98-5.28-5.00-5.50
BasicEPS-4.98-5.28-5.00-5.50
DilutedNIAvailtoComStockholders-24.25M-22.94M-21.00M-23.68M
NetIncomeCommonStockholders-24.25M-22.94M-21.00M-23.68M
PreferredStockDividends396.00K
NetIncome-24.25M-22.94M-21.00M-23.28M
NetIncomeIncludingNoncontrollingInterests-24.25M-22.94M-21.00M-23.28M
NetIncomeContinuousOperations-24.25M-22.94M-21.00M-23.28M
TaxProvision-80.00K0.00
PretaxIncome-24.33M-22.94M-21.00M-23.28M
OtherIncomeExpense-4.17M824.00K3.59M1.45M
OtherNonOperatingIncomeExpenses262.00K340.00K102.00K124.00K
SpecialIncomeCharges-4.43M484.00K3.49M1.33M
GainOnSaleOfBusiness0.00484.00K3.49M1.33M
ImpairmentOfCapitalAssets4.43M0.00
OperatingIncome-20.16M-23.77M-24.59M-24.73M
OperatingExpense20.16M24.86M27.78M24.77M
ResearchAndDevelopment11.43M14.49M16.68M14.58M
SellingGeneralAndAdministration8.73M10.37M11.10M10.19M
GeneralAndAdministrativeExpense8.73M10.37M11.10M10.19M
OtherGandA8.73M10.37M11.10M10.19M
TotalRevenue0.001.10M3.19M33.00K
OperatingRevenue0.001.10M3.19M33.00K
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber5.09M4.35M4.35M4.33M
ShareIssued5.09M4.35M4.35M4.33M
TotalDebt2.89M3.56M4.12M4.70M
TangibleBookValue5.33M14.89M32.28M48.14M
InvestedCapital7.59M19.25M36.64M52.49M
WorkingCapital5.36M12.92M30.25M46.65M
NetTangibleAssets5.33M14.89M32.28M48.14M
CapitalLeaseObligations2.89M3.56M4.12M4.70M
CommonStockEquity7.59M19.25M36.64M52.49M
TotalCapitalization7.59M19.25M36.64M52.49M
TotalEquityGrossMinorityInterest7.59M19.25M36.64M52.49M
StockholdersEquity7.59M19.25M36.64M52.49M
GainsLossesNotAffectingRetainedEarnings0.00-221.00K-824.00K-145.00K
OtherEquityAdjustments-221.00K-824.00K-145.00K
RetainedEarnings-199.82M-175.57M-152.63M-131.63M
AdditionalPaidInCapital207.41M195.04M190.07M184.25M
CapitalStock1.00K0.0022.00K22.00K
CommonStock1.00K0.0022.00K22.00K
PreferredStock0.00
TotalLiabilitiesNetMinorityInterest5.05M5.86M8.18M8.83M
TotalNonCurrentLiabilitiesNetMinorityInterest2.38M3.24M3.90M4.48M
NonCurrentDeferredLiabilities257.00K341.00K341.00K341.00K
NonCurrentDeferredTaxesLiabilities257.00K341.00K341.00K341.00K
LongTermDebtAndCapitalLeaseObligation2.13M2.90M3.56M4.14M
LongTermCapitalLeaseObligation2.13M2.90M3.56M4.14M
CurrentLiabilities2.67M2.62M4.29M4.35M
OtherCurrentLiabilities4.00K271.00K585.00K576.00K
CurrentDeferredLiabilities0.00809.00K932.00K
CurrentDeferredRevenue0.00721.00K33.00K
CurrentDebtAndCapitalLeaseObligation766.00K661.00K569.00K560.00K
CurrentCapitalLeaseObligation766.00K661.00K569.00K560.00K
PayablesAndAccruedExpenses1.90M1.96M2.91M2.86M
CurrentAccruedExpenses1.80M1.45M2.29M1.92M
Payables95.00K514.00K618.00K937.00K
AccountsPayable95.00K514.00K618.00K937.00K
TotalAssets12.64M25.10M44.82M61.33M
TotalNonCurrentAssets4.62M9.56M10.29M10.33M
OtherNonCurrentAssets200.00K200.00K200.00K200.00K
GoodwillAndOtherIntangibleAssets2.26M4.35M4.35M4.35M
OtherIntangibleAssets2.26M3.02M3.02M3.02M
Goodwill0.001.34M1.34M1.34M
NetPPE2.16M5.01M5.73M5.78M
AccumulatedDepreciation-2.06M-1.70M-1.37M-1.04M
GrossPPE4.22M6.70M7.10M6.82M
Leases993.00K1.16M1.16M935.00K
OtherProperties3.22M5.55M5.95M5.88M
Properties0.000.000.000.00
CurrentAssets8.03M15.54M34.53M50.99M
OtherCurrentAssets691.00K1.74M5.72M1.32M
RestrictedCash50.00K50.00K50.00K50.00K
PrepaidAssets1.32M
CashCashEquivalentsAndShortTermInvestments7.28M13.76M28.76M49.62M
OtherShortTermInvestments0.008.97M21.93M28.59M
CashAndCashEquivalents7.28M4.79M6.83M21.03M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-15.88M-15.50M-20.05M-15.48M
RepaymentOfDebt-5.00K-7.00K-20.00K-30.00K
IssuanceOfCapitalStock9.18M0.000.005.58M
CapitalExpenditure-218.00K-892.00K-260.00K
EndCashPosition7.53M5.04M7.08M21.28M
BeginningCashPosition5.04M7.08M21.28M12.77M
ChangesInCash2.50M-2.04M-14.20M8.51M
FinancingCashFlow9.17M-7.00K79.00K6.96M
CashFlowFromContinuingFinancingActivities9.17M-7.00K79.00K6.96M
ProceedsFromStockOptionExercised0.0099.00K1.42M
NetCommonStockIssuance9.18M0.000.005.58M
CommonStockIssuance9.18M0.000.005.58M
NetIssuancePaymentsOfDebt-5.00K-7.00K-20.00K-30.00K
NetLongTermDebtIssuance-5.00K-7.00K-20.00K-30.00K
LongTermDebtPayments-5.00K-7.00K-20.00K-30.00K
InvestingCashFlow9.21M13.24M4.88M16.77M
CashFlowFromContinuingInvestingActivities9.21M13.24M4.88M16.77M
NetInvestmentPurchaseAndSale9.21M13.46M5.77M17.03M
SaleOfInvestment17.64M13.46M15.25M40.23M
PurchaseOfInvestment-8.44M0.00-9.48M-23.20M
NetPPEPurchaseAndSale0.00-218.00K-892.00K-260.00K
PurchaseOfPPE0.00-218.00K-892.00K-260.00K
OperatingCashFlow-15.88M-15.28M-19.16M-15.22M
CashFlowFromContinuingOperatingActivities-15.88M-15.28M-19.16M-15.22M
ChangeInWorkingCapital-131.00K1.67M-4.79M1.53M
ChangeInOtherCurrentLiabilities-655.00K-562.00K-520.00K-460.00K
ChangeInPayablesAndAccruedExpense-63.00K-1.75M-72.00K645.00K
ChangeInAccruedExpense356.00K-1.65M249.00K57.00K
ChangeInPayable-419.00K-103.00K-321.00K588.00K
ChangeInAccountPayable-419.00K-103.00K-321.00K588.00K
ChangeInPrepaidAssets587.00K3.98M-4.20M1.35M
OtherNonCashItems-17.00K107.00K502.00K1.45M
StockBasedCompensation3.19M4.95M5.23M4.29M
AssetImpairmentCharge4.43M0.00
DeferredTax-84.00K0.00
DeferredIncomeTax-84.00K0.00
DepreciationAmortizationDepletion972.00K941.00K898.00K781.00K
DepreciationAndAmortization972.00K941.00K898.00K781.00K
Depreciation972.00K941.00K898.00K781.00K
OperatingGainsLosses1.00K2.00K2.00K
GainLossOnSaleOfPPE0.001.00K2.00K2.00K
NetIncomeFromContinuingOperations-24.25M-22.94M-21.00M-23.28M
SEC Filings

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

Public Trades for MTNB
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