Free Trial

SELLAS Life Sciences Group (SLS) Financials

SELLAS Life Sciences Group logo
$7.04 +0.51 (+7.79%)
As of 12:43 PM Eastern
This is a fair market value price provided by Massive. Learn more.
Annual Income Statements for SELLAS Life Sciences Group

Annual Income Statements for SELLAS Life Sciences Group

This table shows SELLAS Life Sciences Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-64 -18 -24 -41 -28 -17 -21 -41 -37 -31 -27
Consolidated Net Income / (Loss)
-64 -18 -24 -28 -19 -17 -21 -41 -37 -31 -27
Net Income / (Loss) Continuing Operations
-39 -18 -24 -28 -19 -17 -21 -41 -37 -31 -27
Total Pre-Tax Income
-39 -18 -24 -29 -19 -17 -21 -41 -37 -31 -27
Total Operating Income
-34 -16 -23 -31 -20 -17 -25 -42 -38 -32 -28
Total Gross Profit
0.00 0.00 0.00 0.00 0.00 1.90 7.40 0.90 0.00 0.00 0.00
Total Revenue
0.00 0.00 0.00 0.00 0.00 1.90 7.60 1.00 0.00 0.00 0.00
Total Cost of Revenue
0.00 0.00 0.00 0.00 0.00 0.00 0.20 0.10 0.00 0.00 0.00
Total Operating Expenses
34 16 23 31 20 19 33 43 38 32 28
Selling, General & Admin Expense
11 4.59 15 13 9.92 9.60 11 13 14 12 12
Research & Development Expense
24 11 6.07 8.77 7.29 9.28 16 30 24 19 16
Total Other Income / (Expense), net
-4.37 -1.69 -0.46 2.04 0.67 0.21 4.36 0.65 0.53 0.63 1.41
Interest & Investment Income
-0.76 - - - - - - - 0.53 0.63 1.41
Basic Earnings per Share
($8.23) ($18.66) ($10.44) ($157.72) ($10.92) ($2.11) ($1.34) ($2.13) ($1.34) ($0.50) ($0.25)
Weighted Average Basic Shares Outstanding
7.76M 947.40K 2.34M 261.54K 2.56M 7.98M 15.48M 19.40M 27.78M 61.20M 109.05M
Diluted Earnings per Share
($8.23) ($18.66) ($10.44) ($157.72) ($10.92) ($2.11) ($1.34) ($2.13) ($1.34) ($0.50) ($0.25)
Weighted Average Diluted Shares Outstanding
7.76M 947.40K 2.34M 261.54K 2.56M 7.98M 15.48M 19.40M 27.78M 61.20M 109.05M
Weighted Average Basic & Diluted Shares Outstanding
7.76M 947.40K 2.34M 261.54K 2.56M 7.98M 15.91M 28.30M 56.27M 90.85M 179.58M

Quarterly Income Statements for SELLAS Life Sciences Group

This table shows SELLAS Life Sciences Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-9.27 -8.14 -9.57 -7.47 -7.11 -6.74 -5.81 -6.60 -6.79 -7.66 -8.41
Consolidated Net Income / (Loss)
-9.27 -8.14 -9.57 -7.47 -7.11 -6.74 -5.81 -6.60 -6.79 -7.66 -8.41
Net Income / (Loss) Continuing Operations
-9.27 -8.14 -9.57 -7.47 -7.11 -6.74 -5.81 -6.60 -6.79 -7.66 -8.41
Total Pre-Tax Income
-9.27 -8.14 -9.57 -7.47 -7.11 -6.74 -5.81 -6.60 -6.79 -7.66 -8.41
Total Operating Income
-9.36 -8.18 -9.65 -7.62 -7.33 -6.92 -6.06 -6.87 -7.08 -8.26 -9.25
Total Gross Profit
0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Revenue
0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Cost of Revenue
0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Operating Expenses
9.36 8.18 9.65 7.62 7.33 6.92 6.06 6.87 7.08 8.26 9.25
Selling, General & Admin Expense
3.55 3.08 4.53 2.44 2.97 2.48 2.86 3.00 2.87 3.53 4.12
Research & Development Expense
5.81 5.10 5.11 5.19 4.36 4.44 3.21 3.87 4.22 4.73 5.13
Total Other Income / (Expense), net
0.09 0.04 0.08 0.15 0.22 0.18 0.25 0.27 0.29 0.60 0.85
Interest & Investment Income
0.09 - 0.08 0.15 0.22 - 0.25 0.27 0.29 0.60 0.85
Basic Earnings per Share
($0.33) ($0.23) ($0.21) ($0.13) ($0.10) ($0.06) ($0.07) ($0.07) ($0.06) ($0.05) ($0.05)
Weighted Average Basic Shares Outstanding
28.36M 27.78M 44.81M 57.63M 68.25M 61.20M 87.76M 98.56M 108.40M 109.05M 172.48M
Diluted Earnings per Share
($0.33) ($0.23) ($0.21) ($0.13) ($0.10) ($0.06) ($0.07) ($0.07) ($0.06) ($0.05) ($0.05)
Weighted Average Diluted Shares Outstanding
28.36M 27.78M 44.81M 57.63M 68.25M 61.20M 87.76M 98.56M 108.40M 109.05M 172.48M
Weighted Average Basic & Diluted Shares Outstanding
32.06M 56.27M 57.75M 64.33M 70.38M 90.85M 99.78M 105.30M 142.44M 179.58M 186.03M

Annual Cash Flow Statements for SELLAS Life Sciences Group

This table details how cash moves in and out of SELLAS Life Sciences Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
6.08 4.57 6.70 -7.30 1.93 28 -14 -4.23 -15 11 58
Net Cash From Operating Activities
-48 -12 -11 -30 -18 -10 -26 -24 -31 -35 -28
Net Cash From Continuing Operating Activities
-39 -12 -11 -30 -18 -10 -26 -24 -31 -35 -28
Net Income / (Loss) Continuing Operations
-64 -18 -24 -28 -19 -17 -21 -41 -37 -31 -27
Consolidated Net Income / (Loss)
-39 -18 -24 -28 -19 -17 -21 -41 -37 -31 -27
Amortization Expense
-0.25 - 0.26 - 0.00 - - - - 0.56 0.60
Non-Cash Adjustments To Reconcile Net Income
32 4.52 6.46 8.57 2.86 0.77 3.48 11 2.04 1.56 1.96
Changes in Operating Assets and Liabilities, net
15 1.31 6.07 -11 -1.21 5.57 -8.80 6.11 3.86 -6.65 -4.08
Net Cash From Investing Activities
10 -0.09 12 0.00 0.00 0.00 0.00 -4.50 -5.50 0.00 0.00
Net Cash From Continuing Investing Activities
-0.35 -0.09 12 0.00 0.00 0.00 0.00 -4.50 -5.50 0.00 0.00
Net Cash From Financing Activities
44 17 5.53 23 20 38 12 24 22 47 86
Net Cash From Continuing Financing Activities
44 17 5.53 23 20 38 12 24 22 47 86
Issuance of Common Equity
48 - 6.01 22 16 30 9.01 24 22 46 74
Other Financing Activities, net
0.03 - - 0.00 3.60 8.84 3.07 0.00 -0.02 0.50 12
Cash Interest Received
0.02 - 0.00 0.19 0.12 0.03 0.01 0.32 0.53 0.63 1.41

Quarterly Cash Flow Statements for SELLAS Life Sciences Group

This table details how cash moves in and out of SELLAS Life Sciences Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-9.84 -1.44 16 -9.27 12 -7.15 15 -3.10 19 27 35
Net Cash From Operating Activities
-6.89 -4.83 -11 -9.68 -7.81 -7.15 -9.07 -7.33 -7.07 -4.92 -8.85
Net Cash From Continuing Operating Activities
-6.89 -4.85 -11 -9.68 -7.81 -7.22 -9.07 -7.33 -7.07 -4.92 -8.85
Net Income / (Loss) Continuing Operations
-9.27 -8.14 -9.57 -7.47 -7.11 -6.74 -5.81 -6.60 -6.79 -7.66 -8.41
Consolidated Net Income / (Loss)
-9.27 -8.14 -9.57 -7.47 -7.11 -6.74 -5.81 -6.60 -6.79 -7.66 -8.41
Amortization Expense
0.12 - 0.14 - - 0.15 0.15 - - 0.15 0.15
Non-Cash Adjustments To Reconcile Net Income
0.41 0.84 0.48 0.61 0.11 0.17 0.51 0.80 0.21 0.45 0.80
Changes in Operating Assets and Liabilities, net
1.84 2.82 -1.81 -2.68 -1.22 -0.80 -3.91 -1.38 -0.93 2.14 -1.39
Net Cash From Investing Activities
-3.00 - 0.00 - - - 0.00 - - - 0.00
Net Cash From Continuing Investing Activities
-3.00 - 0.00 - - - 0.00 - - - 0.00
Net Cash From Financing Activities
0.05 3.39 27 0.41 20 0.01 24 4.23 26 32 44
Net Cash From Continuing Financing Activities
0.05 3.39 27 0.41 20 0.01 24 4.23 26 32 44
Issuance of Common Equity
0.05 3.40 27 0.06 20 0.07 23 0.02 22 29 0.07
Other Financing Activities, net
- -0.02 0.05 0.36 0.16 -0.06 0.50 4.21 4.00 3.38 44
Cash Interest Received
0.09 0.04 0.08 0.15 0.22 0.18 0.25 0.27 0.29 0.60 0.85

Annual Balance Sheets for SELLAS Life Sciences Group

This table presents SELLAS Life Sciences Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
82 6.42 34 17 17 46 26 21 6.22 19 78
Total Current Assets
54 6.38 13 5.84 8.24 37 23 18 3.17 16 75
Cash & Equivalents
30 5.96 2.32 5.34 7.28 35 21 17 2.53 14 72
Restricted Cash
0.40 0.09 10 0.11 0.10 0.10 0.10 0.10 0.10 0.10 0.10
Prepaid Expenses
1.40 0.33 0.34 0.39 0.56 0.40 1.59 0.53 0.54 2.34 3.32
Plant, Property, & Equipment, net
0.34 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
28 0.04 20 11 8.37 9.12 3.23 3.19 3.05 3.11 3.13
Goodwill
5.90 - 1.91 1.91 1.91 1.91 1.91 1.91 1.91 1.91 1.91
Other Noncurrent Operating Assets
22 0.04 19 9.16 6.45 7.21 1.32 1.27 1.13 1.19 1.22
Total Liabilities & Shareholders' Equity
82 6.42 34 17 17 46 26 21 6.22 19 78
Total Liabilities
69 11 31 12 11 18 5.93 16 14 9.97 7.47
Total Current Liabilities
57 5.76 25 5.97 5.29 12 4.98 16 14 9.51 7.02
Accounts Payable
1.60 - 12 3.76 3.90 4.66 2.14 3.36 5.64 3.50 2.95
Accrued Expenses
5.29 4.05 3.20 2.22 1.17 1.91 2.64 6.29 7.65 5.47 3.53
Other Current Liabilities
40 - 1.30 - 0.22 0.22 0.20 5.87 0.45 0.54 0.54
Total Noncurrent Liabilities
12 5.66 6.89 5.70 5.23 5.70 0.95 0.58 0.46 0.46 0.46
Other Noncurrent Operating Liabilities
6.14 - 2.60 5.34 4.96 5.46 0.95 0.58 0.46 0.46 0.46
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
14 -5.00 2.07 5.25 6.09 28 20 4.85 -7.98 9.47 71
Total Preferred & Common Equity
14 -5.00 2.07 5.25 6.09 28 20 4.85 -7.98 9.47 71
Total Common Equity
14 -5.00 2.07 5.25 6.09 28 20 4.85 -7.98 9.47 71
Common Stock
297 25 56 87 107 146 159 185 209 258 346
Retained Earnings
- -30 -54 -82 -101 -118 -139 -180 -217 -248 -275

Quarterly Balance Sheets for SELLAS Life Sciences Group

This table presents SELLAS Life Sciences Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
19 8.09 24 15 27 35 32 52 114
Total Current Assets
16 5.20 22 12 24 32 29 49 111
Cash & Equivalents
14 3.97 18 9.15 21 28 25 44 107
Restricted Cash
0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
Prepaid Expenses
1.67 1.13 2.99 3.06 2.90 3.48 4.05 4.63 3.97
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets
2.99 2.88 2.93 2.82 2.47 2.98 2.86 2.50 3.01
Goodwill
1.91 1.91 1.91 1.91 1.91 1.91 1.91 1.91 1.91
Other Noncurrent Operating Assets
1.07 0.97 1.02 0.90 0.56 1.07 0.94 0.59 1.09
Total Liabilities & Shareholders' Equity
19 8.09 24 15 27 35 32 52 114
Total Liabilities
14 12 15 12 11 7.20 6.16 5.93 6.77
Total Current Liabilities
13 12 14 12 11 6.89 6.00 5.93 6.46
Accounts Payable
3.73 4.34 7.41 6.33 4.55 3.76 3.34 2.31 3.63
Accrued Expenses
6.24 6.93 6.54 5.18 5.49 2.57 2.08 3.02 2.26
Other Current Liabilities
3.45 0.47 0.49 0.53 0.58 0.56 0.58 0.60 0.56
Total Noncurrent Liabilities
0.30 0.18 0.31 0.16 0.00 0.31 0.16 0.00 0.31
Other Noncurrent Operating Liabilities
0.30 0.18 0.31 0.16 0.00 0.31 0.16 0.00 0.31
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
4.84 -3.83 9.68 2.91 16 28 26 46 107
Total Preferred & Common Equity
4.84 -3.83 9.68 2.91 16 28 26 46 107
Total Common Equity
4.84 -3.83 9.68 2.91 16 28 26 46 107
Common Stock
205 205 236 237 257 282 287 313 391
Retained Earnings
-200 -209 -227 -234 -241 -254 -261 -267 -283

Annual Metrics And Ratios for SELLAS Life Sciences Group

This table displays calculated financial ratios and metrics derived from SELLAS Life Sciences Group's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
161,906,753.00 217,019,065.00 45,712,912.00 22,026,476.00 4,871,927.00 9,461,978.00 15,885,542.00 20,588,247.00 32,062,258.00 - 142,442,239.00
DEI Adjusted Shares Outstanding
5,397.00 7,234.00 30,475.00 440,530.00 4,871,927.00 9,461,978.00 15,885,542.00 20,588,247.00 32,062,258.00 - 142,442,239.00
DEI Earnings Per Adjusted Shares Outstanding
-11,840.28 -2,444.15 -801.61 -93.64 -5.74 -1.78 -1.30 -2.01 -1.16 - -0.19
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-24 -11 -16 -22 -14 -12 -18 -29 -27 -22 -20
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 332.35% -233.06% -27.93%
Earnings before Interest and Taxes (EBIT)
-38 -17 -23 -30 -19 -17 -21 -42 -38 -32 -28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-38 -17 -23 -30 -19 -17 -21 -42 -38 -31 -28
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-16 -14 -20 -21 -13 -5.73 -24 -18 -28 -28 -23
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
-6.35 -3.68 0.31 -0.21 -1.28 -7.44 -1.11 -12 -11 -4.52 -1.02
Increase / (Decrease) in Invested Capital
-8.11 2.67 3.98 -0.51 -1.08 -6.16 6.33 -11 1.77 6.09 3.50
Book Value per Share
$0.08 ($0.02) $0.05 $0.24 $1.25 $2.96 $1.28 $0.24 ($0.25) $0.13 $0.50
Tangible Book Value per Share
$0.05 ($0.02) $0.00 $0.15 $0.86 $2.75 $1.16 $0.14 ($0.31) $0.11 $0.48
Total Capital
18 2.37 13 5.25 6.09 28 20 4.85 -7.98 9.47 71
Total Debt
4.74 7.37 11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 5.66 2.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-25 1.32 -1.76 -5.45 -7.38 -35 -21 -17 -2.63 -14 -72
Capital Expenditures (CapEx)
-12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-29 -3.72 -16 -5.59 -4.43 -11 -3.39 -15 -13 -7.17 -3.70
Debt-free Net Working Capital (DFNWC)
1.29 2.33 -3.11 -0.14 2.95 25 18 2.24 -11 6.82 68
Net Working Capital (NWC)
-3.45 0.62 -11 -0.14 2.95 25 18 2.24 -11 6.82 68
Net Nonoperating Expense (NNE)
40 6.49 7.63 5.91 5.26 4.87 2.99 12 11 8.82 7.07
Net Nonoperating Obligations (NNO)
-20 1.32 -1.76 -5.45 -7.38 -35 -21 -17 -2.63 -14 -72
Total Depreciation and Amortization (D&A)
-0.14 0.00 0.26 0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.60
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($12,300.01) ($3,540.00) ($522.00) ($157.50) ($10.92) ($2.11) ($1.34) ($2.13) ($1.34) ($0.50) ($0.25)
Adjusted Weighted Average Basic Shares Outstanding
6.06K 25.89K 46.81K 463.53K 6.72M 15.08M 15.48M 19.40M 27.78M 61.20M 109.05M
Adjusted Diluted Earnings per Share
($12,300.01) ($3,540.00) ($522.00) ($157.50) ($10.92) ($2.11) ($1.34) ($2.13) ($1.34) ($0.50) ($0.25)
Adjusted Weighted Average Diluted Shares Outstanding
6.06K 25.89K 46.81K 463.53K 6.72M 15.08M 15.48M 19.40M 27.78M 61.20M 109.05M
Adjusted Basic & Diluted Earnings per Share
($12,300.01) ($3,540.00) ($522.00) ($157.50) ($10.92) ($2.11) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
5.18K 6.64K 46.81K 261.54K 2.56M 7.98M 15.91M 28.30M 56.27M 90.85M 179.58M
Normalized Net Operating Profit after Tax (NOPAT)
-24 -11 -16 -15 -12 -12 -14 -29 -27 -22 -20
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for SELLAS Life Sciences Group

This table displays calculated financial ratios and metrics derived from SELLAS Life Sciences Group's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
28,347,920.00 32,062,258.00 56,267,670.00 57,754,928.00 64,332,498.00 - 90,846,692.00 99,777,487.00 105,297,469.00 142,442,239.00 179,582,574.00
DEI Adjusted Shares Outstanding
28,347,920.00 32,062,258.00 56,267,670.00 57,754,928.00 64,332,498.00 - 90,846,692.00 99,777,487.00 105,297,469.00 142,442,239.00 179,582,574.00
DEI Earnings Per Adjusted Shares Outstanding
-0.33 -0.25 -0.17 -0.13 -0.11 - -0.06 -0.07 -0.06 -0.05 -0.05
Growth Metrics
- - - - - - - - - - -
Revenue Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBITDA Growth
-33.40% 11.88% 15.06% 14.27% 20.67% 17.21% 37.77% 9.82% 3.36% - -53.80%
EBIT Growth
-31.24% 11.88% 14.49% 15.77% 21.71% 15.40% 37.14% 9.82% 3.36% - -52.60%
NOPAT Growth
-31.00% 13.43% 14.50% 15.79% 21.71% 15.40% 37.14% 9.82% 3.36% - -52.60%
Net Income Growth
-31.97% 10.80% 13.80% 15.50% 23.30% 17.20% 39.23% 11.63% 4.46% - -44.62%
EPS Growth
2.94% 30.30% 55.32% 58.06% 69.70% 73.91% 66.67% 46.15% 40.00% - 28.57%
Operating Cash Flow Growth
-19.94% 6.35% 11.26% -27.97% -13.26% -48.25% 15.71% 24.29% 9.45% - 2.47%
Free Cash Flow Firm Growth
-284.25% -260.98% -18.44% -52.14% -3.72% -45.86% -40.94% -47.52% -46.48% - 39.78%
Invested Capital Growth
10.79% 14.29% 18.48% 30.12% 33.65% 57.37% 91.64% 111.87% 123.10% - 129.13%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBITDA Q/Q Growth
-3.93% 11.49% -16.27% 19.84% 3.83% 5.87% 12.61% -16.18% -3.06% - -12.32%
EBIT Q/Q Growth
-3.46% 12.65% -17.95% 20.99% 3.83% 5.61% 12.36% -13.36% -3.06% - -12.08%
NOPAT Q/Q Growth
-3.44% 12.65% -17.95% 20.99% 3.83% 5.61% 12.36% -13.36% -3.06% - -12.08%
Net Income Q/Q Growth
-4.83% 12.20% -17.58% 21.91% 4.85% 5.22% 13.72% -13.56% -2.88% - -9.78%
EPS Q/Q Growth
-6.45% 30.30% 8.70% 38.10% 23.08% 40.00% -16.67% 0.00% 14.29% - 0.00%
Operating Cash Flow Q/Q Growth
8.91% 29.99% -123.03% 10.03% 19.38% 8.37% -26.80% 19.18% 3.57% - -79.76%
Free Cash Flow Firm Q/Q Growth
-41.63% 0.21% -16.84% 7.87% 3.44% -40.33% -12.90% 3.57% 4.12% - 19.92%
Invested Capital Q/Q Growth
12.89% -34.32% 16.74% 28.28% 17.29% 13.70% 83.68% 201.90% 60.90% - 121.04%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBITDA Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBIT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Profit (Net Income) Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Tax Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Interest Burden Percent
99.00% 99.50% 99.18% 98.02% 96.98% 97.38% 95.88% 96.04% 95.88% - 90.87%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Equity (ROE)
-874.00% 2,389.76% -313.39% -888.06% -535.10% -4,147.88% -144.90% -180.71% -84.33% - -43.58%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -3,472.62% -2,091.31% - -10,687.02%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Assets (ROA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Common Equity (ROCE)
-874.00% 2,389.76% -313.39% -888.06% -535.10% -4,147.88% -144.90% -180.71% -84.33% - -43.58%
Return on Equity Simple (ROE_SIMPLE)
1,001.44% 0.00% -369.77% 0.00% 0.00% 0.00% -97.73% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
-6.55 -5.72 -6.75 -5.33 -5.13 -4.84 -4.24 -4.81 -4.96 -5.78 -6.48
NOPAT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Net Nonoperating Expense Percent (NNEP)
-21.27% -24.30% -13.24% -18.44% -15.70% -22.80% -6.67% -10.33% -5.59% - -2.85%
Return On Investment Capital (ROIC_SIMPLE)
- 71.76% -69.72% -183.13% -32.28% -51.16% -15.29% -18.40% -10.87% -8.15% -6.03%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings before Interest and Taxes (EBIT)
-9.36 -8.18 -9.65 -7.62 -7.33 -6.92 -6.06 -6.87 -7.08 -8.26 -9.25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-9.24 -8.18 -9.51 -7.62 -7.33 -6.77 -5.92 -6.87 -7.08 -8.10 -9.10
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 5.87 23.59 5.06 7.73 3.53 8.36 3.72 - 7.07
Price to Tangible Book Value (P/TBV)
0.00 0.00 7.31 68.80 5.75 9.69 3.80 9.02 3.88 - 7.20
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 256.80 103.40 - 3,034.59
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage
-2.91 6.35 -1.86 -2.99 -2.09 -11.16 -1.26 -1.19 -1.07 - -1.00
Leverage Ratio
3.89 -8.69 2.34 4.34 2.87 17.23 1.59 1.63 1.27 - 1.10
Compound Leverage Factor
3.85 -8.65 2.32 4.26 2.78 16.78 1.52 1.57 1.22 - 1.00
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Altman Z-Score
-38.65 -53.85 -11.64 -19.96 -8.51 -14.22 -1.70 10.18 10.46 - 64.73
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.44 0.23 1.49 1.02 2.26 1.72 4.64 4.91 8.28 - 17.22
Quick Ratio
0.34 0.18 1.28 0.76 1.98 1.46 4.12 4.22 7.48 - 16.59
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-7.51 -7.49 -8.75 -8.06 -7.79 -11 -12 -12 -11 -9.28 -7.43
Operating Cash Flow to CapEx
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
-7.90 -11 -8.83 -6.33 -5.24 -4.52 -0.74 0.75 1.21 -1.02 0.22
Invested Capital Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Increase / (Decrease) in Invested Capital
0.96 1.77 2.00 2.73 2.66 6.09 8.09 7.09 6.45 3.50 0.95
Enterprise Value (EV)
42 31 38 59 59 59 70 193 125 - 652
Market Capitalization
46 34 57 69 80 73 98 219 170 - 760
Book Value per Share
($0.14) ($0.25) $0.17 $0.05 $0.25 $0.13 $0.31 $0.26 $0.43 $0.50 $0.60
Tangible Book Value per Share
($0.20) ($0.31) $0.14 $0.02 $0.22 $0.11 $0.28 $0.24 $0.42 $0.48 $0.59
Total Capital
-3.83 -7.98 9.68 2.91 16 9.47 28 26 46 71 107
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-4.07 -2.63 -19 -9.25 -21 -14 -28 -25 -44 -72 -107
Capital Expenditures (CapEx)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-11 -13 -11 -8.99 -7.71 -7.17 -3.41 -1.95 -1.29 -3.70 -2.48
Debt-free Net Working Capital (DFNWC)
-6.53 -11 7.06 0.26 13 6.82 25 23 43 68 105
Net Working Capital (NWC)
-6.53 -11 7.06 0.26 13 6.82 25 23 43 68 105
Net Nonoperating Expense (NNE)
2.71 2.41 2.81 2.14 1.98 1.89 1.57 1.79 1.83 1.88 1.93
Net Nonoperating Obligations (NNO)
-4.07 -2.63 -19 -9.25 -21 -14 -28 -25 -44 -72 -107
Total Depreciation and Amortization (D&A)
0.12 0.00 0.14 0.00 0.00 0.15 0.15 0.00 0.00 0.15 0.15
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.33) ($0.23) ($0.21) ($0.13) ($0.10) ($0.06) ($0.07) ($0.07) ($0.06) ($0.05) ($0.05)
Adjusted Weighted Average Basic Shares Outstanding
28.36M 27.78M 44.81M 57.63M 68.25M 61.20M 87.76M 98.56M 108.40M 109.05M 172.48M
Adjusted Diluted Earnings per Share
($0.33) ($0.23) ($0.21) ($0.13) ($0.10) ($0.06) ($0.07) ($0.07) ($0.06) ($0.05) ($0.05)
Adjusted Weighted Average Diluted Shares Outstanding
28.36M 27.78M 44.81M 57.63M 68.25M 61.20M 87.76M 98.56M 108.40M 109.05M 172.48M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
32.06M 56.27M 57.75M 64.33M 70.38M 90.85M 99.78M 105.30M 142.44M 179.58M 186.03M
Normalized Net Operating Profit after Tax (NOPAT)
-6.55 -5.72 -6.75 -5.33 -5.13 -4.84 -4.24 -4.81 -4.96 -5.78 -6.48
Normalized NOPAT Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Pre Tax Income Margin
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%

Financials Breakdown Chart

Key Financial Trends

SELLAS Life Sciences Group, a pre-revenue biotech company, shows ongoing operating losses and no revenue in the 2025 quarters provided. The company’s liquidity hinges on repeated equity financings, which boosted cash significantly in late 2025, but operating cash flow remains negative. Here are the key trends from the last four years of quarterly data, focusing on cash flow, income, and balance sheet signals that may matter to retail investors.

  • Strong equity financing in Q4 2025: Issuance of common equity of $29.0M and net cash from continuing financing activities of $32.4M, contributing to a substantial cash inflow.
  • Significant financing in Q3 2025: Issuance of common equity of $22.1M and net cash from continuing financing activities of $26.1M, signaling continued capital raises to fund operations.
  • Liquidity boosted by 2025 equity offers: Net cash from financing activities turned positive for the quarter, helping to counter ongoing operating cash burn and supporting a higher cash balance by year-end.
  • Improved cash position by end of 2025: Cash & equivalents rose to roughly $71.8M by end-Q4 2025 (approx. $44.3M at end-Q3 2025 plus about $27.5M net cash from Q4 financing), providing a liquidity cushion for ongoing development plans.
  • No 2025 revenue: Total revenue was reported as $0 in Q4 2025 (and across the 2025 quarters), reflecting the company’s clinical-stage, pre-commercial status rather than current sales performance.
  • Moderate asset growth tied to financing: Total assets rose through 2025, driven mainly by cash and equity-related items rather than operating activity, indicating balance-sheet liquidity improvements tied to financing.
  • Consistent net losses in 2025: Net income (continuing operations) remained negative in all 2025 quarters, ranging from about -$5.8M to -$7.7M per quarter.
  • Operating cash burn persists: Net cash from operating activities was negative in every 2025 quarter (e.g., Q4 2025 around -$4.9M; Q3 2025 around -$7.1M; Q2 2025 around -$7.3M; Q1 2025 around -$9.1M), indicating ongoing cash usage from core operations.
  • Widening accumulated deficit: Retained earnings declined from around -$226.8M (Q4 2024) to approximately -$267.3M by Q3 2025, signaling a substantial cumulative deficit and ongoing dependence on external capital.
  • Dilution risk from frequent equity raises: Repeated equity issuances to fund operations raise potential dilution for existing shareholders, a common concern for investors in pre-revenue biotech names.
05/14/26 12:43 PM ETAI Generated. May Contain Errors.

SELLAS Life Sciences Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, SELLAS Life Sciences Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

In the past 10 years, SELLAS Life Sciences Group's net income has ranged from -$63.90 million in 2015 to -$16.76 million in 2020, and is currently -$26.86 million as of their latest financial filing in 2025. Check out SELLAS Life Sciences Group's forecast to explore projected trends and price targets.

SELLAS Life Sciences Group's total operating income in 2025 was -$28.27 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $28.27 million

Over the last 10 years, SELLAS Life Sciences Group's total revenue changed from $0.00 in 2015 to $0.00 in 2025, a change of 0.0%.

SELLAS Life Sciences Group's total liabilities were at $7.47 million at the end of 2025, a 25.0% decrease from 2024, and a 89.1% decrease since 2015.

In the past 10 years, SELLAS Life Sciences Group's cash and equivalents has ranged from $2.32 million in 2017 to $71.79 million in 2025, and is currently $71.79 million as of their latest financial filing in 2025.

Over the last 10 years, SELLAS Life Sciences Group's book value per share changed from 0.08 in 2015 to 0.50 in 2025, a change of 495.8%.



Financial statements for NASDAQ:SLS last updated on 5/14/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners