RZLT Chart
About

Rezolute, Inc., a late-stage rare disease company, focused on improving outcomes for individuals with hypoglycemia caused by hyperinsulinism in the United States. Its lead clinical asset is ersodetug, an intravenously administered human monoclonal antibody that is in Phase 3 clinical trial for the treatment of congenital hyperinsulinism, an ultra-rare pediatric genetic disorder, as well as for the treatment of hypoglycemia; and clinical trials of ersodetug for tumor hyperinsulinism. The company was formerly known as AntriaBio, Inc. and changed its name to Rezolute, Inc. in December 2017. Rezolute, Inc. was founded in 2010 and is headquartered in Redwood City, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 337.33M
Enterprise Value 213.82M Income -84.23M Sales —
Book/sh 1.23 Cash/sh 1.39 Dividend Yield —
Payout 0.00% Employees 75 IPO —
P/E — Forward P/E -4.86 PEG —
P/S — P/B 2.86 P/C —
EV/EBITDA -2.42 EV/Sales — Quick Ratio 13.95
Current Ratio 14.18 Debt/Eq 1.00 LT Debt/Eq —
EPS (ttm) -0.93 EPS next Y -0.73 EPS Growth —
Revenue Growth — Earnings 2026-05-12 ROA -44.09%
ROE -74.02% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 95.70M
Shs Float 65.54M Short Float 31.42% Short Ratio 4.29
Short Interest — 52W High 11.46 52W Low 1.07
Beta 0.51 Avg Volume 7.31M Volume 1.23M
Target Price $4.75 Recom Buy Prev Close $3.61
Price $3.52 Change -2.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.75
Mean price target
2. Current target
$3.53
Latest analyst target
3. DCF / Fair value
$-8.68
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.53
Low
$2.00
High
$6.00
Mean
$4.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-08 main Wedbush Neutral → Neutral $2
2026-01-08 reit BTIG Buy → Buy $5
2025-12-12 main Guggenheim Buy → Buy $6
2025-12-12 main HC Wainwright & Co. Buy → Buy $5
2025-11-20 reit BTIG Buy → Buy $17
2025-10-29 main Citizens Market Outperform → Market Outperform $17
2025-09-22 reit Guggenheim Buy → Buy $15
2025-09-19 main Maxim Group Buy → Buy $20
2025-09-18 reit BTIG Buy → Buy $17
2025-09-03 reit HC Wainwright & Co. Buy → Buy $14
2025-04-28 reit HC Wainwright & Co. Buy → Buy $14
2025-02-13 reit HC Wainwright & Co. Buy → Buy $14
2025-02-13 main JMP Securities Market Outperform → Market Outperform $9
2025-02-10 reit Guggenheim Buy → Buy —
2025-02-05 reit HC Wainwright & Co. Buy → Buy $14
2024-11-08 reit HC Wainwright & Co. Buy → Buy $14
2024-11-05 init Wedbush — → Outperform $12
2024-08-06 main Maxim Group Buy → Buy $10
2024-08-06 reit HC Wainwright & Co. Buy → Buy $14
2024-07-17 init BTIG — → Buy $13
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 5650 9548 — Purchase at price 1.69 per share. HOGENHUIS WLADIMIR Director — 2025-12-16 00:00:00 D
1 28000 47600 — Purchase at price 1.70 per share. ROBERTS BRIAN KENNETH Officer — 2025-12-16 00:00:00 D
2 32000 50880 — Purchase at price 1.59 per share. ELAM NEVAN C Chief Executive Officer — 2025-12-15 00:00:00 D
3 45000 79578 — Purchase at price 1.77 - 1.79 per share. EVANS DARON Chief Financial Officer — 2025-12-15 00:00:00 D/I
4 12100 19599 — Purchase at price 1.60 - 1.62 per share. KARNAWAT SUNIL RATILAL Officer — 2025-12-15 00:00:00 D
5 317000 — — Stock Award(Grant) at price 0.00 per share. ELAM NEVAN C Chief Executive Officer — 2025-11-19 00:00:00 D
6 21000 — — Stock Award(Grant) at price 0.00 per share. LABRUCHERIE GILBERT M JR Director — 2025-11-19 00:00:00 D
7 107000 — — Stock Award(Grant) at price 0.00 per share. EVANS DARON Chief Financial Officer — 2025-11-19 00:00:00 D
8 21000 — — Stock Award(Grant) at price 0.00 per share. KREHER NERISSA C Director — 2025-11-19 00:00:00 D
9 21000 — — Stock Award(Grant) at price 0.00 per share. HOGENHUIS WLADIMIR Director — 2025-11-19 00:00:00 D
Financials
Line Item2025-06-302024-06-302023-06-302022-06-30
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-79.86M-67.48M-55.95M-41.52M
TotalUnusualItems-2.91M-5.00K2.28M1.79M
TotalUnusualItemsExcludingGoodwill-2.91M-5.00K2.28M1.79M
NetIncomeFromContinuingOperationNetMinorityInterest-74.41M-68.46M-51.79M-41.06M
ReconciledDepreciation31.00K36.00K30.00K13.00K
EBITDA-79.86M-70.39M-55.96M-39.24M
EBIT-79.89M-70.42M-55.99M-39.25M
NetInterestIncome5.48M4.87M4.21M-1.73M
InterestExpense0.001.81M375.00K
InterestIncome5.48M4.87M4.21M80.00K
NormalizedIncome-74.41M-65.55M-51.78M-43.34M
NetIncomeFromContinuingAndDiscontinuedOperation-74.41M-68.46M-51.79M-41.06M
TotalExpenses79.89M70.42M55.99M41.61M
TotalOperatingIncomeAsReported-79.89M-70.42M-55.99M-41.84M
DilutedAverageShares76.00M51.47M51.19M19.49M
BasicAverageShares76.00M51.47M51.19M18.20M
DilutedEPS-0.98-1.33-1.01-2.32
BasicEPS-0.98-1.33-1.01-2.26
DilutedNIAvailtoComStockholders-74.41M-68.46M-51.79M-45.13M
AverageDilutionEarnings0.00-4.07M0.00
NetIncomeCommonStockholders-74.41M-68.46M-51.79M-41.06M
NetIncome-74.41M-68.46M-51.79M-41.06M
NetIncomeIncludingNoncontrollingInterests-74.41M-68.46M-51.79M-41.06M
NetIncomeContinuousOperations-74.41M-68.46M-51.79M-41.06M
PretaxIncome-74.41M-68.46M-51.79M-41.06M
OtherIncomeExpense-2.91M-5.00K2.28M1.79M
OtherNonOperatingIncomeExpenses515.00K
SpecialIncomeCharges0.00-1.77M0.00
OtherSpecialCharges1.77M-515.00K
GainOnSaleOfSecurity-2.91M-5.00K4.05M1.79M
NetNonOperatingInterestIncomeExpense5.48M4.87M4.21M-1.73M
InterestExpenseNonOperating0.001.81M375.00K
InterestIncomeNonOperating5.48M4.87M4.21M80.00K
OperatingIncome-79.89M-70.42M-55.99M-41.61M
OperatingExpense79.89M70.42M55.99M41.61M
OtherOperatingExpenses-231.00K-515.00K
ResearchAndDevelopment61.53M55.74M43.81M32.49M
SellingGeneralAndAdministration18.37M14.68M12.18M9.36M
GeneralAndAdministrativeExpense18.37M14.68M12.18M9.36M
OtherGandA18.37M14.68M12.18M9.36M
SalariesAndWages4.89M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-06-302024-06-302023-06-302022-06-30
OrdinarySharesNumber87.00M53.25M36.83M33.58M
ShareIssued87.00M53.25M36.83M33.58M
TotalDebt1.61M2.23M2.48M188.00K
TangibleBookValue162.13M121.00M116.17M149.47M
InvestedCapital162.13M121.00M116.17M149.47M
WorkingCapital159.23M119.05M99.71M149.64M
NetTangibleAssets162.13M121.00M116.17M149.47M
CapitalLeaseObligations1.61M2.23M2.48M188.00K
CommonStockEquity162.13M121.00M116.17M149.47M
TotalCapitalization162.13M121.00M116.17M149.47M
TotalEquityGrossMinorityInterest162.13M121.00M116.17M149.47M
StockholdersEquity162.13M121.00M116.17M149.47M
GainsLossesNotAffectingRetainedEarnings-7.00K-79.00K-351.00K0.00
OtherEquityAdjustments-7.00K-79.00K-351.00K
RetainedEarnings-403.86M-329.44M-260.99M-209.20M
AdditionalPaidInCapital565.90M450.47M377.47M358.63M
CapitalStock87.00K53.00K37.00K34.00K
CommonStock87.00K53.00K37.00K34.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest13.36M11.73M7.55M2.95M
TotalNonCurrentLiabilitiesNetMinorityInterest1.45M2.13M2.35M487.00K
DerivativeProductLiabilities468.00K468.00K412.00K407.00K
TradeandOtherPayablesNonCurrent0.00
LongTermDebtAndCapitalLeaseObligation983.00K1.66M1.94M80.00K
LongTermCapitalLeaseObligation983.00K1.66M1.94M80.00K
LongTermDebt13.97M
CurrentLiabilities11.91M9.61M5.20M2.46M
CurrentDebtAndCapitalLeaseObligation632.00K568.00K541.00K108.00K
CurrentCapitalLeaseObligation632.00K568.00K541.00K108.00K
PensionandOtherPostRetirementBenefitPlansCurrent2.27M1.81M883.00K0.00
PayablesAndAccruedExpenses9.01M7.23M3.78M2.35M
CurrentAccruedExpenses3.20M2.33M507.00K1.22M
Payables5.81M4.90M3.27M1.13M
AccountsPayable5.81M4.90M3.27M1.13M
TotalAssets175.49M132.74M123.72M152.42M
TotalNonCurrentAssets4.34M4.08M18.81M316.00K
OtherNonCurrentAssets2.92M1.84M148.00K148.00K
NonCurrentPrepaidAssets148.00K148.00K191.00K
NonCurrentDeferredAssets191.00K
InvestmentsAndAdvances0.00263.00K16.47M0.00
InvestmentinFinancialAssets0.00263.00K16.47M0.00
HeldToMaturitySecurities0.00263.00K16.47M0.00
NetPPE1.42M1.98M2.19M168.00K
AccumulatedDepreciation-138.00K-107.00K-71.00K-40.00K
GrossPPE1.56M2.09M2.26M208.00K
OtherProperties396.00K
MachineryFurnitureEquipment210.00K210.00K210.00K56.00K
BuildingsAndImprovements1.35M1.88M2.05M152.00K
Properties0.000.000.000.00
CurrentAssets171.15M128.65M104.91M152.10M
OtherCurrentAssets3.29M1.78M3.01M1.69M
PrepaidAssets3.01M1.69M946.00K
CashCashEquivalentsAndShortTermInvestments167.86M126.87M101.90M150.41M
OtherShortTermInvestments73.75M56.48M85.86M0.00
CashAndCashEquivalents94.11M70.40M16.04M150.41M
CashEquivalents89.06M61.25M9.95M
CashFinancial5.05M9.15M6.09M
Line Item2025-06-302024-06-302023-06-302022-06-30
FreeCashFlow-69.08M-57.37M-44.63M-39.62M
RepaymentOfDebt0.00-16.01M0.00
IssuanceOfDebt0.0015.00M
IssuanceOfCapitalStock86.40M49.02M12.33M122.82M
CapitalExpenditure-153.00K
InterestPaidSupplementalData0.000.000.001.49M
IncomeTaxPaidSupplementalData0.000.000.000.00
EndCashPosition94.11M70.40M16.04M150.41M
BeginningCashPosition70.40M16.04M150.41M41.05M
ChangesInCash23.71M54.36M-134.37M109.36M
FinancingCashFlow107.33M63.03M11.57M148.98M
CashFlowFromContinuingFinancingActivities107.33M63.03M11.57M148.98M
NetOtherFinancingCharges-1.06M-318.00K-759.00K-3.97M
ProceedsFromStockOptionExercised21.98M14.33M0.0046.14M
NetPreferredStockIssuance10.78M0.00
PreferredStockIssuance10.78M0.00
NetCommonStockIssuance86.40M49.02M12.33M122.82M
CommonStockIssuance86.40M49.02M12.33M122.82M
NetIssuancePaymentsOfDebt0.00-16.01M15.00M
NetLongTermDebtIssuance0.00-16.01M15.00M
LongTermDebtPayments0.00-16.01M0.00
LongTermDebtIssuance0.0015.00M
InvestingCashFlow-14.54M48.70M-101.46M0.00
CashFlowFromContinuingInvestingActivities-14.54M48.70M-101.46M0.00
NetInvestmentPurchaseAndSale-14.54M48.70M-101.31M0.00
SaleOfInvestment113.60M115.10M6.00M0.00
PurchaseOfInvestment-128.14M-66.40M-107.31M0.00
NetPPEPurchaseAndSale0.00-153.00K0.00
PurchaseOfPPE0.00-153.00K0.00
OperatingCashFlow-69.08M-57.37M-44.48M-39.62M
CashFlowFromContinuingOperatingActivities-69.08M-57.37M-44.48M-39.62M
ChangeInWorkingCapital47.00K3.10M1.02M-642.00K
ChangeInPayablesAndAccruedExpense2.14M3.23M2.34M218.00K
ChangeInAccruedExpense721.00K2.15M205.00K229.00K
ChangeInPayable1.42M1.08M2.14M-11.00K
ChangeInAccountPayable1.42M1.08M2.14M-11.00K
ChangeInPrepaidAssets-2.10M-129.00K-1.32M-860.00K
OtherNonCashItems532.00K526.00K352.00K667.00K
StockBasedCompensation7.12M7.36M7.27M3.69M
AssetImpairmentCharge0.00
AmortizationOfSecurities-2.39M-2.84M-1.37M0.00
DepreciationAmortizationDepletion31.00K36.00K30.00K13.00K
DepreciationAndAmortization31.00K36.00K30.00K13.00K
Depreciation31.00K36.00K30.00K
OperatingGainsLosses2.91M5.00K-2.28M-1.78M
GainLossOnInvestmentSecurities2.91M5.00K-4.05M-1.78M
NetIncomeFromContinuingOperations-74.41M-68.46M-51.79M-41.06M
SEC Filings

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

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