Overview
- IndustryPharmaceutical Preparations2
- HeadquartersSan Diego, United States2
- Incorporated inDE3
- Business address4330 La Jolla Village Drive, Suite 200, San Diego, Ca 921223
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI5493005XOS7E58D57T102
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O COGENCY GLOBAL INC., 19904 Dover, United States2
- Registered withDivision of Corporations, Department of State, 50929232
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Biora Therapeutics, Inc. is a clinical-stage biotechnology company developing oral biotherapeutics that could enable new treatment approaches in the delivery of therapeutics. Our pipeline includes two therapeutic delivery platforms:5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Research and development39¢$29.8M
- Selling, general and admin48¢$37.3M
- Interest13¢$9.8M
- Income tax0¢$90.0K
Out of $4.0K in revenue.6 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenue | $144.0M7 | $162.0K8 | $1.2M9 | $305.0K6 | $4.0K6 | |
| Cost of revenue | $100.5M7 | $08 | $08 | |||
| Gross profit | $43.5M7 | $162.0K8 | $1.2M8 | |||
| Research and development | $63.4M7 | $47.7M8 | $45.8M9 | $24.0M6 | $29.8M6 | |
| Selling, general and admin | $73.3M9 | $38.0M6 | $37.3M6 | |||
| Operating expenses | $119.1M9 | $62.1M6 | $67.1M6 | |||
| Operating income | -$140.1M7 | -$107.6M8 | -$117.8M9 | -$61.8M6 | -$67.1M6 | |
| Interest | $9.2M7 | $9.9M8 | $12.6M9 | $11.0M6 | $9.8M6 | |
| Income before tax | -$178.6M9 | -$49.2M6 | -$124.4M6 | |||
| Income tax | -$706.0K7 | -$37.5M8 | -$119.0K9 | -$420.0K6 | -$90.0K6 | |
| Net income | -$148.0M7 | -$192.5M8 | -$247.4M9 | -$38.2M6 | -$124.1M6 | |
| Earnings per share | -$64.339 | -$5.006 | -$7.876 | |||
| Earnings per share (diluted) | -$64.339 | -$5.006 | -$7.876 | |||
| Shares (weighted, basic) | 3.8M shares9 | 7.6M shares6 | 15.8M shares6 | |||
| Shares (weighted, diluted) | 3.8M shares9 | 7.6M shares6 | 15.8M shares6 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash | $33.0M7 | $92.1M8 | $88.4M9 | $30.5M9 | $15.0M6 | |
| Receivables | $653.0K9 | $09 | ||||
| Current assets | $74.6M7 | $126.3M8 | $98.8M9 | $38.1M6 | $19.1M6 | |
| Property, plant and equipment | $3.7M9 | $1.7M6 | $1.2M6 | |||
| Goodwill | $6.1M9 | $6.1M6 | $6.1M6 | |||
| Total assets | $101.7M7 | $154.4M8 | $108.8M9 | $53.5M6 | $31.2M6 | |
| Accounts payable | $8.7M9 | $3.6M6 | $2.8M6 | |||
| Current liabilities | $100.3M7 | $72.7M8 | $61.6M9 | $23.3M6 | $63.0M6 | |
| Total liabilities | $185.6M7 | $261.4M8 | $193.8M9 | $155.8M6 | $132.6M6 | |
| Retained earnings | -$788.7M9 | -$826.8M6 | -$951.0M6 | |||
| Shareholders’ equity | -$37.0M7 | -$83.9M8 | -$107.0M9 | -$85.0M6 | -$102.3M6 | -$101.4M6 |
| Shares outstanding | 5.0M shares7 | 55.8M shares8 | 184.1M shares8 | 8.9M shares6 | 27.8M shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash from operations | -$106.1M7 | -$165.7M8 | -$167.5M9 | -$64.4M6 | -$48.5M6 | |
| Depreciation and amortization | $1.4M9 | $907.0K6 | $555.0K6 | |||
| Stock-based compensation | $12.0M9 | $7.8M6 | $16.5M6 | |||
| Capital spending | $3.7M7 | $3.9M8 | $855.0K9 | $792.0K6 | $103.0K6 | |
| Free cash flow | -$109.8M | -$169.6M | -$168.3M | -$65.2M | -$48.6M | |
| Cash from investing | -$1.2M9 | -$792.0K6 | $2.4M6 | |||
| Dividends paid | $4.5M7 | |||||
| Cash from financing | $165.0M9 | $7.3M6 | $30.8M6 |
Corporate structure
BIORA THERAPEUTICS, INC. sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of BIORA THERAPEUTICS, INC.
- DAVIDSON KEMPNER CAPITAL MANAGEMENT LP Filed SCHEDULE 13G/A on BIORA THERAPEUTICS, INC., latest Aug 4, 2025 (2 filings since Aug 20, 2024)
- Margaret Ellen Taggett Filed SCHEDULE 13G on BIORA THERAPEUTICS, INC., latest Aug 4, 2025
- Context Capital Management, LLC Filed SCHEDULE 13G/A on BIORA THERAPEUTICS, INC., latest Jul 10, 2025 (2 filings since Mar 20, 2024)
- Athyrium Opportunities III Co-Invest 1 LP Filed SCHEDULE 13D/A on BIORA THERAPEUTICS, INC., latest Mar 26, 2025 (5 filings since Jul 8, 2024)
- HIGHBRIDGE CAPITAL MANAGEMENT LLC Filed SC 13G on BIORA THERAPEUTICS, INC., latest Nov 14, 2024
- Athyrium Opportunities 2020 LP Filed SC 13D/A on BIORA THERAPEUTICS, INC., latest Apr 2, 2024 (7 filings since Nov 26, 2021)
- ARMISTICE CAPITAL, LLC Filed SC 13G/A on BIORA THERAPEUTICS, INC., latest Feb 14, 2024 (2 filings since Feb 14, 2023)
- CVI Investments, Inc. Filed SC 13G/A on BIORA THERAPEUTICS, INC., latest Feb 14, 2022
- BIORA THERAPEUTICS, INC. San Diego, California, United States
- Biora Therapeutics UK Limited, a private limited company incorporated in Subsidiary · United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What BIORA THERAPEUTICS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $3.3M6 Dec 31, 2023 | $5.7M6 Dec 31, 2022 | −42.3% |
| Accumulated depreciation | $2.1M6 Dec 31, 2023 | $4.0M6 Dec 31, 2022 | −47.3% |
| Property and equipment, net | $1.2M6 Dec 31, 2023 | $1.7M6 Dec 31, 2022 | −30.1% |
| Operating-lease assets (leased space) | $1.6M6 Dec 31, 2023 | $1.5M6 Dec 31, 2022 | +8.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $15.0M6 Dec 31, 2023 | $30.5M9 Dec 31, 2022 | −50.8% |
Intangibles and goodwill
Leadership
Who has led BIORA THERAPEUTICS, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerAditya P. Mohanty Nov 15, 2021 to Aug 16, 202412
- Chief executive officerHarry Stylli Jun 18, 2020 to Aug 17, 202113
- ChairHarry Stylli Jun 18, 2020 to Aug 17, 202113
- Chief financial officerEric Desparbes Jun 18, 2020 to Aug 16, 202414
- Chief operating officerDamon Silvestry Jun 18, 2020 to Apr 19, 202115
Board members and other officers (16)
- Chief Compliance OfficerHutan Hashemi Mar 15, 2021 to Feb 17, 202216
- OfficerClarke Neumann Mar 17, 2021 to Aug 16, 202417
- OfficerDamon Silvestry Aug 17, 2021 to Nov 17, 202118
- Senior Vice President of SalesGeorge Gianakopoulos Jun 18, 2020 to Mar 17, 202119
- Chief Scientific OfficerMatthew T. Cooper Jun 18, 2020 to Nov 17, 202120
- Chief Commercial OfficerSami Shihabi Jun 18, 2020 to May 17, 202121
- Chief Information OfficerTroy Seelye Jun 18, 2020 to Aug 9, 202122
- Board memberSurbhi Sarna Jul 6, 2021 to Jan 5, 202323
- Board memberJill Ann Howe Nov 5, 2021 to Jun 6, 202424
- Board memberAditya P. Mohanty Nov 15, 2021 to Aug 16, 202412
- Board memberBrian L. Kotzin Jun 18, 2020 to Jun 6, 202425
- Board memberJeffrey D. Alter Jun 18, 2020 to Jun 6, 202426
- Board memberJohn T. Bigalke Jun 18, 2020 to Jun 16, 202127
- Board memberLynne Powell Jun 18, 2020 to Jun 6, 202428
- Board memberSamuel R. Nussbaum Md. Jun 18, 2020 to Jun 16, 202129
- General counselClarke Neumann Jun 18, 2020 to Mar 8, 202130
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Biora Therapeutics UK Limited, a private limited company incorporated in the United Kingdom4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Dec 30, 20248-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated31
- Dec 10, 20248-K Listing notice or transfer32
- Nov 15, 20248-K Listing notice or transfer; Executive or director change; Shareholder vote33
- Nov 14, 20248-K Results of operations34
- Oct 29, 20248-K Entered a material agreement; Unregistered sale of shares35
- Oct 11, 20248-K Change to shareholders' rights; Bylaws or fiscal year changed; Shareholder vote36
- Oct 7, 20248-K New debt or obligation; Unregistered sale of shares37
- Sep 13, 20248-K New debt or obligation; Unregistered sale of shares38
- Sep 5, 20248-K Other events39
- Aug 21, 20248-K Entered a material agreement; New debt or obligation; Unregistered sale of shares40
- Aug 12, 20248-K Entered a material agreement; New debt or obligation; Unregistered sale of shares41
- Aug 12, 20248-K Results of operations42
- Nov 15, 2021New chief executive Aditya P. Mohanty becomes CEO12
- Jun 18, 2020New chief executive Harry Stylli becomes CEO13
- Jan 9, 2012Founded BIORA THERAPEUTICS, INC. is founded2
Calendar
When it reported results
- Nov 14, 2024Reported quarterly or annual results34
- Aug 12, 2024Reported quarterly or annual results42
- May 15, 2024Reported quarterly or annual results43
- Mar 26, 2024Reported quarterly or annual results44
- Nov 13, 2023Reported quarterly or annual results45
- Aug 14, 2023Reported quarterly or annual results46
- May 15, 2023Reported quarterly or annual results47
- Mar 30, 2023Reported quarterly or annual results48
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
238 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 64 major events, 68 insider forms, 21 large holders, 72 other. The latest 20:
- Aug 4, 2025SCHEDULE 13G EDGAR
- Aug 4, 2025SCHEDULE 13G/A EDGAR
- Jul 10, 2025SCHEDULE 13G/A EDGAR
- Mar 26, 2025SCHEDULE 13D/A EDGAR
- Dec 30, 20248-K CURRENT REPORT EDGAR
- Dec 16, 20244 EDGAR
- Dec 10, 20248-K EDGAR
- Nov 15, 20248-K EDGAR
- Nov 14, 202410-Q EDGAR
- Nov 14, 20248-K EDGAR
- Nov 14, 2024SC 13G EDGAR
- Oct 29, 20248-K EDGAR
- Oct 29, 2024424B5 EDGAR
- Oct 29, 2024424B3 EDGAR
- Oct 29, 2024424B3 EDGAR
- Oct 29, 2024424B3 EDGAR
- Oct 29, 2024424B3 EDGAR
- Oct 29, 2024424B3 EDGAR
- Oct 23, 2024DEF 14A EDGAR
- Oct 11, 2024PRE 14A EDGAR
The 238 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 1 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 9, 2022 | Athyrium Opportunities 2020 LPDirector | Buy | 12,506,250 | Form 4 | ||
| Jul 5, 2022 | Sarna SurbhiDirector | Sale | 7,517 | $0.61 | $4.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- DAVIDSON KEMPNER CAPITAL MANAGEMENT LPSCHEDULE 13G/A, 2 filings Aug 20, 2024 to Aug 4, 202549
- Margaret Ellen TaggettSCHEDULE 13G, 1 filing Aug 4, 202550
- Context Capital Management, LLCSCHEDULE 13G/A, 2 filings Mar 20, 2024 to Jul 10, 202551
- Athyrium Opportunities III Co-Invest 1 LPSCHEDULE 13D/A, 5 filings Jul 8, 2024 to Mar 26, 202552
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13G, 1 filing Nov 14, 202453
- Athyrium Opportunities 2020 LPSC 13D/A, 7 filings Nov 26, 2021 to Apr 2, 202454
- ARMISTICE CAPITAL, LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 14, 202455
- CVI Investments, Inc.SC 13G/A, 1 filing Feb 14, 202256
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2023 | Adi Mohanty | $574.1K | $3.1M57 | |
| 2023 | Eric d’Esparbes | $500.8K | $1.6M57 | |
| 2023 | Clarke Neumann | $483.0K | $1.5M57 | |
| 2022 | Chief Executive Officer | $550.0K | $3.5M57 | |
| 2022 | Chief Financial Officer | $486.1K | $1.7M57 | |
| 2022 | SVPGeneral Counsel and Secretary | $464.6K | $1.5M57 |
SEC filer profile
How BIORA THERAPEUTICS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARBIORA THERAPEUTICS, INC.1
- CIK0001580063
- Employer ID (EIN)27-39503901
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address4330 La Jolla Village Drive, Suite 200, San Diego, CA 921221
- Phone855-293-26391
- Shares outstanding4,522,702 as of Nov 6, 202411
- Public float$39.0M as of Jun 30, 20236
- On EDGAR sinceJun 27, 20131
- Filings428 in all: 4 (137), 8-K (83), 424B5 (22), 3 (19), CORRESP (17), UPLOAD (15), 10-Q (14), SC 13D/A (14)1
All 39 form types
EFFECT (11), 424B3 (8), D (7), DEF 14A (7), S-3 (7), DEFA14A (6), S-1/A (5), 10-K (4), 3/A (4), DRS/A (4), PRE 14A (4), S-1 (4), SC 13G (4), S-8 (3), 424B4 (2), ARS (2), D/A (2), DEF 14C (2), DRS (2), DRSLTR (2), FWP (2), SC 13D (2), SC 13G/A (2), SCHEDULE 13G (2), SCHEDULE 13G/A (2), SEC STAFF LETTER (2), 25-NSE (1), 4/A (1), 8-A12B (1), CERT (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Apr 1, 2024
Quarterly report (10-Q) Nov 14, 2024
Proxy statement (DEF 14A) Oct 23, 2024
Latest 8-K (8-K) Dec 30, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARClarke Neumann, Officer
- 18SEC EDGARDamon Silvestry, Officer
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- 23SEC EDGARSurbhi Sarna, Board member
- 24SEC EDGARJill Ann Howe, Board member
- 25SEC EDGARBrian L. Kotzin, Board member
- 26SEC EDGARJeffrey D. Alter, Board member
- 27SEC EDGARJohn T. Bigalke, Board member
- 28SEC EDGARLynne Powell, Board member
- 29SEC EDGARSamuel R. Nussbaum Md., Board member
- 30SEC EDGARClarke Neumann, General counsel
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- 32SEC EDGARListing notice or transfer
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- 34SEC EDGARResults of operations
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- 39SEC EDGAROther events
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- 42SEC EDGARResults of operations
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