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Soligenix, Inc.

SNGX NASDAQ Categories PDF
Healthcare · Biotechnology
Princeton, NJ 08540, United States IPO 1994 soligenix.com Updated Jun 26, 5:18pm
Price
$0.41
Market Cap
$4.2M
Employees
14
Beta
1.84
Avg Volume
7,561,929
CEO
Christopher J. Schaber
Business Description

Soligenix, Inc., a biopharmaceutical firm in its advanced development stages, concentrates on bringing innovative products to market within the United States, specifically targeting rare illnesses. The company's operations are divided into two main divisions: Specialized BioTherapeutics and Public Health Solutions. Within the Specialized BioTherapeutics division, Soligenix is advancing SGX301 (marketed as HyBryte), a novel photodynamic treatment that has successfully completed its Phase III clinical trials for managing cutaneous T-cell lymphoma. This segment also includes SGX942, an innate defense regulator technology currently undergoing Phase III trials for various inflammatory conditions, notably oral mucositis in patients with head and neck cancer. Additionally, this division is pursuing proprietary oral formulations of beclomethasone 17,21-dipropionate designed to prevent or treat severe inflammatory gastrointestinal disorders, such as SGX203 for pediatric Crohn's disease. Another candidate, SGX302, is currently in Phase I/II clinical development for addressing mild-to-moderate psoriasis. The Public Health Solutions segment is dedicated to developing several critical assets. These include RiVax, a vaccine candidate against ricin toxin, which has successfully completed Phase Ia and Ib clinical evaluations; SGX943, a therapeutic agent in pre-clinical studies aimed at combating antibiotic-resistant and emerging infectious diseases; ThermoVax, an early-stage technology focused on enhancing vaccine thermostability; and CiVax, a pre-clinical vaccine candidate intended for COVID-19 prevention. Soligenix, Inc. was originally established as DOR BioPharma, Inc. before adopting its current name in 2009. Founded in 1987, the company maintains its corporate headquarters in Princeton, New Jersey.

Business History
Price History (1 Year)
Last updated: Jun 27, 2026 5:01am (4h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 25, 2026 2:37am (2d 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)
-0.19
Stock Price: $0.41
EPS (Diluted): -2.14
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
1.31
Stock Price: $0.41
Total Equity: $5.29M
Shares: 5,188,799
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
0.13
Market Cap: $4.23M
Total Debt: $0.00
Cash: $7.94M
EBITDA: -$11.58M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$-625,018
Market Cap: $4.23M
Total Debt: $0.00
Cash: $7.94M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.00
Stock Price: $0.41
Revenue: $0.00
Shares: 5,188,799
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.00
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
0.0%
Gross Profit: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
0.0%
Operating Income: -$11.85M
Revenue: $0.00
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
0.0%
Net Income: -$11.08M
Revenue: $0.00
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
-246.0%
Net Income: -$11.08M
Total Equity: $5.29M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
-327.0%
Operating Income: -$11.85M
Tax Rate: 4.4%
Equity: $5.29M
Total Debt: $0.00
Cash: $7.94M
Zero debt — invested capital = equity minus cash (very efficient)
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
2.39
Current Assets: $8.85M
Current Liabilities: $3.70M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.00
Short-Term Debt: $0.00
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $5.29M
Zero debt — this company carries no debt obligations. Strongest possible score.
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
Revenue: $0.00
Shares: 5,188,799
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$1.02
Total Equity: $5.29M
Shares: 5,188,799
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-1.98
Operating CF: -$10.27M
CapEx: -$5,883
Shares: 5,188,799
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $0.41
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$11.08M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares SNGX 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 25, 2026 2:37am (2d ago)
Metric 2021 2022 2023 2024 2025
Revenue $33,351 $250,000 $0 $0 $0
Cost of Revenue $728,640 $550,822 $742,048 $119,371 $0
Gross Profit $-695,289 $-300,822 $-742,048 $-119,371 $0
Operating Expenses $12.4M $13.9M $7.0M $9.3M $11.8M
Operating Income -$13.1M -$14.2M -$7.7M -$9.4M -$11.8M
Net Income -$12.6M -$13.8M -$6.1M -$8.3M -$11.1M
EBITDA -$12.5M -$14.1M -$7.7M -$9.5M -$11.6M
EPS $-67.54 $-76.96 $-12.66 $-4.98 $-2.14
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 25, 2026 2:37am (2d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $26.0M $13.4M $8.4M $7.8M $7.9M
Total Current Assets $26.6M $13.9M $9.5M $8.8M $8.8M
Total Assets $26.9M $14.3M $9.8M $9.0M $9.2M
Current Liabilities $6.3M $16.5M $6.2M $4.8M $3.7M
Long-Term Debt $9.9M $0 $1.0M $0 $0
Total Liabilities $16.1M $16.8M $7.3M $4.8M $3.9M
Total Equity $10.7M -$2.5M $2.5M $4.1M $5.3M
Retained Earnings -$205.8M -$219.6M -$225.7M -$234.0M -$245.1M
Cash Flow (Annual)
Last updated: Jun 25, 2026 2:37am (2d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$11.7M -$12.6M -$8.6M -$8.4M -$10.3M
Capital Expenditure $-11,789 $-13,073 $0 $0 $-5,883
Free Cash Flow -$11.8M -$12.7M -$8.6M -$8.4M -$10.3M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $7.4M -$12.7M -$4.9M $-626,644 $116,639
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:18pm (15h ago)
Metric 2025 2026 2027 2028
Revenue $800,000
$800,000 – $800,000
$800,000
$800,000 – $800,000
$1.0M
$1.0M – $1.0M
$0
EBITDA $159,999
$159,999 – $159,999
$159,999
$159,999 – $159,999
$199,999
$199,999 – $199,999
$0
Net Income -$11.2M
-$11.2M – -$11.2M
-$2.1M
-$2.1M – -$2.1M
-$1.3M
-$1.3M – -$1.3M
-$3.7M
-$3.7M – -$3.7M
EPS
Growth Trends (YoY %)
Last updated: Jun 25, 2026 2:37am (2d ago)
Metric 2022 2023 2024 2025
Revenue Growth +649.6% -100.0%
Gross Profit Growth +56.7% -146.7% +83.9% +100.0%
Operating Income Growth -8.7% +45.9% -22.6% -25.5%
Net Income Growth -9.9% +55.5% -34.6% -34.0%
EBITDA Growth -13.1% +45.6% -23.4% -22.5%
Insider Trading (Recent)
Last updated: Jun 27, 2026 5:01am (4h ago)
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
2025-12-11 Straube Richard A-Award 10,000.00 $1.63 $16,300
2025-12-11 Donini Oreola A-Award 100,000.00 $1.63 $163,000
2025-12-11 Guarino Jonathan L. A-Award 100,000.00 $1.63 $163,000
2025-12-11 SCHABER CHRISTOPHER J A-Award 200,000.00 $1.63 $326,000
2025-10-02 SCHABER CHRISTOPHER J P-Purchase 15,132.00 $1.32 $20,000
2025-06-20 LAPOINTE ANTHONY GREGG A-Award 17,647.00 $1.70 $30,000
2025-06-20 ZELDIS JEROME B A-Award 17,647.00 $1.70 $30,000
2025-06-20 RUBIN ROBERT J. A-Award 17,647.00 $1.70 $30,000
2025-06-20 Parks Diane L. A-Award 17,647.00 $1.70 $30,000
2024-12-12 Parks Diane L. A-Award 8,646.00 $3.47 $30,002
2024-12-12 Donini Oreola A-Award 20,000.00 $3.31 $66,200
2024-12-12 Guarino Jonathan L. A-Award 20,000.00 $3.31 $66,200
2024-12-12 Straube Richard A-Award 12,000.00 $3.31 $39,720
2024-12-12 SCHABER CHRISTOPHER J A-Award 45,000.00 $3.31 $148,950
2024-12-12 LAPOINTE ANTHONY GREGG A-Award 8,646.00 $3.47 $30,002
2024-12-12 ZELDIS JEROME B A-Award 8,646.00 $3.47 $30,002
2024-12-12 RUBIN ROBERT J. A-Award 8,646.00 $3.47 $30,002
2023-12-15 ZELDIS JEROME B A-Award 38,136.00 $0.59 $22,500
2023-12-15 Parks Diane L. A-Award 38,136.00 $0.59 $22,500
2023-12-15 RUBIN ROBERT J. A-Award 38,136.00 $0.59 $22,500
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 SNGX — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30