Headquartered in Bala Cynwyd, Pennsylvania, Larimar Therapeutics, Inc. operates as a clinical-stage biotechnology firm. Its core mission involves crafting therapies for rare diseases, leveraging a distinctive cell-penetrating peptide technology platform. The company's foremost experimental therapy, CTI-1601, is presently undergoing Phase 1 clinical trials. This drug candidate is being developed to combat Friedreich's ataxia, a genetic illness that is rare, relentlessly progressive, and ultimately fatal.
Price Overview
Last updated: Jul 10, 2026 1:48am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -2.27
Total Equity: $78.09M
Shares: 72,947,927
Total Debt: $1.11M
Cash: $85.41M
EBITDA: -$165.32M
Total Debt: $1.11M
Cash: $85.41M
Revenue: $0.00
Shares: 72,947,927
Revenue: $0.00
Revenue: $0.00
Revenue: $0.00
Total Equity: $78.09M
Tax Rate: 0.0%
Equity: $78.09M
Total Debt: $1.11M
Cash: $85.41M
Current Liabilities: $64.80M
Long-Term Debt: $0.00
Total Debt: $1.11M
Total Equity: $78.09M
Shares: 72,947,927
Shares: 72,947,927
CapEx: -$91,000
Shares: 72,947,927
Stock Price: $4.13
Net Income: -$165.67M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jul 10, 2026 1:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | $50.5M | $36.5M | $41.8M | $90.9M | $172.5M |
| Operating Income | -$50.5M | -$36.5M | -$41.8M | -$90.9M | -$172.5M |
| Net Income | -$50.6M | -$35.4M | -$36.9M | -$80.6M | -$165.7M |
| EBITDA | -$50.3M | -$35.0M | -$36.6M | -$80.3M | -$165.3M |
| EPS | $-2.93 | $-1.33 | $-0.84 | $-1.32 | $-2.27 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 10, 2026 1:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $70.1M | $26.8M | $26.7M | $33.2M | $85.4M |
| Total Current Assets | $72.2M | $120.7M | $90.2M | $195.3M | $142.0M |
| Total Assets | $78.7M | $126.4M | $95.9M | $200.2M | $145.8M |
| Current Liabilities | $8.8M | $10.7M | $9.5M | $24.4M | $64.8M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $14.3M | $15.5M | $14.2M | $28.4M | $67.8M |
| Total Equity | $64.4M | $110.9M | $81.7M | $171.8M | $78.1M |
| Retained Earnings | -$116.3M | -$151.6M | -$188.6M | -$269.2M | -$434.8M |
Cash Flow (Annual)
Last updated: Jul 10, 2026 1:48am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$42.1M | -$27.6M | -$33.5M | -$70.8M | -$113.2M |
| Capital Expenditure | $-333,000 | $-100,000 | $-163,999 | $-515,000 | $-91,000 |
| Free Cash Flow | -$42.4M | -$27.7M | -$33.6M | -$71.3M | -$113.3M |
| Acquisitions (net) | $-24,502 | $90,860 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.9M | -$43.3M | $-76,000 | $5.7M | $52.2M |
Analyst Estimates (Annual)
Last updated: Jul 10, 2026 1:48am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$57.1M $9.2M – $95.6M
|
$150.7M $149.8M – $151.6M
|
$330.9M $66.4M – $862.3M
|
$470.6M $94.4M – $1.2B
|
| EBITDA | $0 | $0 | $0 | $0 |
| Net Income |
-$98.3M -$132.7M – -$63.8M
|
-$26.5M -$110.5M – $116.7M
|
$30.6M -$1.2M – $94.6M
|
$95.1M -$3.7M – $293.6M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 10, 2026 1:48am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | — | — | — | — |
| Gross Profit Growth | — | — | — | — |
| Operating Income Growth | +27.6% | -14.3% | -117.7% | -89.8% |
| Net Income Growth | +30.2% | -4.5% | -118.1% | -105.5% |
| EBITDA Growth | +30.4% | -4.6% | -119.1% | -105.9% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- 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.
- 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.
- 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.
- 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 |
|---|---|---|---|---|---|
| 2026-07-06 | Hamilton Thomas Edward | P-Purchase | 50,000.00 | $3.34 | $166,890 |
| 2026-05-19 | Flynn James E | A-Award | 55,150.00 | $3.33 | $183,650 |
| 2026-05-19 | LEFF JONATHAN S | A-Award | 55,150.00 | $3.33 | $183,650 |
| 2026-05-19 | SHERMAN JEFFREY W | A-Award | 55,150.00 | $3.33 | $183,650 |
| 2026-05-19 | Truitt Joseph | A-Award | 55,150.00 | $3.33 | $183,650 |
| 2026-05-19 | THOMAS FRANK E | A-Award | 55,150.00 | $3.33 | $183,650 |
| 2026-05-19 | Hamilton Thomas Edward | A-Award | 55,150.00 | $3.33 | $183,650 |
| 2026-02-27 | Flynn James E | P-Purchase | 1,084,012.00 | $5.00 | $5.4M |
| 2026-02-27 | Flynn James E | P-Purchase | 1,084,010.00 | $5.00 | $5.4M |
| 2026-02-27 | Flynn James E | P-Purchase | 831,978.00 | $5.00 | $4.2M |
| 2026-02-27 | Flynn James E | P-Purchase | 2,000,000.00 | $5.00 | $10.0M |
| 2026-02-27 | Hamilton Thomas Edward | P-Purchase | 100,000.00 | $5.00 | $500,000 |
| 2026-02-27 | THOMAS FRANK E | P-Purchase | 5,000.00 | $5.00 | $25,000 |
| 2026-02-27 | SHERMAN JEFFREY W | P-Purchase | 5,000.00 | $5.00 | $25,000 |
| 2026-01-26 | Shankar Gopi | A-Award | 153,822.00 | $3.60 | $553,759 |
| 2026-01-26 | Shankar Gopi | A-Award | 25,637.00 | $0.00 | $0 |
| 2026-01-26 | Clayton Russell | A-Award | 153,822.00 | $3.60 | $553,759 |
| 2026-01-26 | Clayton Russell | A-Award | 25,637.00 | $0.00 | $0 |
| 2026-01-26 | BEN-MAIMON CAROLE | A-Award | 600,600.00 | $3.60 | $2.2M |
| 2026-01-26 | BEN-MAIMON CAROLE | A-Award | 100,100.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).