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Aspire Biopharma Holdings, Inc.

ASBP NASDAQ Categories PDF
Healthcare · Biotechnology
Estero, FL 33928, United States IPO 2025 aspirebiolabs.com Updated Jun 27, 10:03am
Price
$6.00
Market Cap
$692,232
Employees
2
Beta
0.16
Avg Volume
13,354,303
CEO
Kraig T. Higginson
Business Description

Aspire Biopharma Holdings, Inc. is an emerging pharmaceutical enterprise dedicated to pioneering and commercializing innovative sublingual drug delivery systems within the United States. Its flagship product, Instaprin, is an advanced sublingual aspirin formulation known for being soluble, pH neutral, and rapidly absorbed, making it effective for both cardiovascular emergencies and general pain management. The company is diligently developing a diverse pipeline of orally dissolving formulations. This includes a melatonin-based sleep aid, essential vitamins (D, E, and K), testosterone, and semaglutide. Furthermore, Aspire Biopharma is extending its sublingual development efforts to various therapeutic areas, such as anti-nausea treatments, antipsychotic medications, erectile dysfunction drugs, and seizure control therapies, among others. They are also exploring caffeine products, including a formulation for a single-dose sublingual pre-workout supplement. Established in 2021, the firm's main operational base is situated in Estero, Florida.

Business History
Price Overview
Last updated: Jun 27, 2026 10:03am (just now)
$6.00
-0.46 (-7.05%)
Day Range
$5.99 – $6.54
52-Week Range
$0.11 – $35.00
50-Day MA
$3.92
200-Day MA
$5.44
Volume
45,436.00
Share Structure
Outstanding 115,372.00
Float 77,730.00
Free Float 67.4%
Normal free float — 67.4% of shares trade freely, ~32.6% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Small absolute float (0.1M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Last updated: Jun 27, 2026 10:03am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 22, 2026 11:05pm (4d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-0.37
Stock Price: $6.00
EPS (Diluted): -16.38
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
-37.14
Stock Price: $6.00
Total Equity: -$6.38M
Shares: 1,494,956
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-1.09
Market Cap: $692,232
Total Debt: $1.38M
Cash: $1.00M
EBITDA: -$11.33M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$237.2M
Market Cap: $692,232
Total Debt: $1.38M
Cash: $1.00M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
38,181.40
Stock Price: $6.00
Revenue: $6,202
Shares: 1,494,956
EV/Sales (Total value vs revenue — works when P/E can't)
API
38,242.81
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
-1.9%
Gross Profit: -$116.00
Revenue: $6,202
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-312,016.9%
Operating Income: -$19.35M
Revenue: $6,202
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-394,725.1%
Net Income: -$24.48M
Revenue: $6,202
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
199.4%
Net Income: -$24.48M
Total Equity: -$6.38M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-121.9%
Operating Income: -$19.35M
Tax Rate: 0.0%
Equity: -$6.38M
Total Debt: $1.38M
Cash: $1.00M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.17
Current Assets: $1.31M
Current Liabilities: $7.59M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
-0.22
Short-Term Debt: $1.38M
Long-Term Debt: $0.00
Total Debt: $1.38M
Total Equity: -$6.38M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$0.00
Revenue: $6,202
Shares: 1,494,956
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$-4.27
Total Equity: -$6.38M
Shares: 1,494,956
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-3.29
Operating CF: -$4.92M
CapEx: $0.00
Shares: 1,494,956
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $6.00
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$24.48M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares ASBP against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 22, 2026 11:05pm (4d ago)
Metric 2021 2022 2023 2024 2025
Revenue $0 $0 $0 $0 $6,202
Cost of Revenue $0 $0 $0 $0 $6,318
Gross Profit $0 $0 $0 $0 $-116
Operating Expenses $25,475 $976,345 $1.3M $3.1M $19.4M
Operating Income $-25,480 $-976,345 -$1.3M -$3.1M -$19.4M
Net Income $-25,475 $3.3M $4.5M -$12.5M -$24.5M
EBITDA $-25,480 $3.3M $5.8M -$11.6M -$11.3M
EPS $-0.04 $3.72 $9.31 $-18.17 $-16.38
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 22, 2026 11:05pm (4d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $0 $497,259 $0 $3,633 $1.0M
Total Current Assets $293,221 $1.1M $81,223 $147,989 $1.3M
Total Assets $293,221 $300.2M $20.0M $147,989 $1.3M
Current Liabilities $293,696 $303,323 $403,328 $1.7M $7.6M
Long-Term Debt $0 $0 $0 $0 $0
Total Liabilities $293,696 $11.1M $403,328 $1.7M $7.7M
Total Equity $-475 $289.1M $19.6M -$1.5M -$6.4M
Retained Earnings $-25,475 -$9.9M -$11.3M -$2.8M -$27.3M
Cash Flow (Annual)
Last updated: Jun 22, 2026 11:05pm (4d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $-260 -$1.4M $-653,107 $-265,186 -$4.9M
Capital Expenditure $0 $-4 $-3 $0 $0
Free Cash Flow $-260 -$1.4M $-653,107 $-265,186 -$4.9M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 -$284.9M -$13.8M $0
Net Change in Cash $0 $497,259 $-497,259 $-7,541 $1.0M
Growth Trends (YoY %)
Last updated: Jun 22, 2026 11:05pm (4d ago)
Metric 2022 2023 2024 2025
Revenue Growth
Gross Profit Growth
Operating Income Growth -3,731.8% -37.2% -130.5% -526.5%
Net Income Growth +13,210.9% +33.7% -380.8% -95.3%
EBITDA Growth +13,209.3% +73.8% -300.7% +2.7%
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2025-06-05 Fell Donald G. P-Purchase 10,500.00 $0.39 $4,095
2025-06-04 Fell Donald G. P-Purchase 9,500.00 $0.39 $3,705
2025-06-05 Fell Donald G. P-Purchase 10,500.00 $0.39 $4,095
2025-06-04 Fell Donald G. P-Purchase 9,500.00 $0.39 $3,705
2023-08-18 AJJARAPU SURENDRA K 0.00 $0.00 $0
2023-08-18 AJJARAPU SURENDRA K 6,834,333.00 $11.50 $78.6M
2023-08-18 Doshi Mayur Mansukhlal 0.00 $0.00 $0
2023-08-18 Wadhwani Avinash R 0.00 $0.00 $0
2023-08-18 PETERSON MICHAEL L 0.00 $0.00 $0
2023-08-18 Fell Donald G. 0.00 $0.00 $0
2023-08-18 Doss Howard A. 0.00 $0.00 $0
2023-08-18 PowerUp Sponsor LLC S-Sale 4,317,500.00 $0.00 $432
2023-05-18 PowerUp Sponsor LLC C-Conversion 7,187,500.00 $0.00 $0
2023-05-18 PowerUp Sponsor LLC C-Conversion 7,187,500.00 $0.00 $0
2022-02-17 Hack Bruce L. 7,187,500.00 $0.00 $0
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ASBP — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30