APLT
Applied Therapeutics, Inc.0.1207
+0.0037+3.16%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
17.42MP/E (TTM)
-Basic EPS (TTM)
-0.10Dividend Yield
0%Recent Filings
8-K
Applied Therapeutics acquired, delisted
Applied Therapeutics completed its acquisition by Cycle Group Holdings on February 3, 2026, via tender offer and merger after 51.56% of shares tendered. Purchaser paid $0.088 cash per share plus a CVR worth up to $0.40 contingent on milestones, totaling ~$14.3 million. Company delisted from Nasdaq; board and officers overhauled. APLT goes private.
8-K
Cycle acquires APLT at $0.088 + CVRs
Applied Therapeutics signed a merger agreement on December 11, 2025, with Cycle Group Holdings for a tender offer at $0.088 per share in cash plus a non-tradeable CVR offering up to $0.40 in milestone payments tied to FDA approvals for galactosemia and CMT-SORD, plus $200M net sales. Cycle provides up to $8.5M in bridge financing at 24% interest for working capital. Milestones hinge on regulatory success.
8-K
Strategic review, 46% layoffs
10-Q
Q3 FY2025 results
Applied Therapeutics posted Q3 revenue of $1M from a new Biossil license, up sharply from $0.1M y/y, yet operating loss narrowed to $16.8M from $29.7M as R&D spend dropped 35% to $9.6M on lighter AT-007 trials while G&A fell 46% to $8.2M after netting a $15.4M litigation settlement against insurance recovery. Cash burned to $11.9M, down from $79.4M year-end, with $67.4M YTD operating use; no debt, but going concern warning flags funding needs. Warrant liabilities swung to a $2.4M loss from $40.2M prior. Solid cost discipline shines. Litigation risk lingers.
8-K
Q3 loss shrinks, cash dwindles
Applied Therapeutics reported Q3 net loss of $19.0M, down sharply from $68.6M last year, while cash plunged to $11.9M from $79.4M. Executive Chairman John Johnson resigned November 9 for personal reasons, no disagreements noted. Pipeline advances include FDA Type C minutes on govorestat for CMT-SORD and a 4Q meeting for galactosemia. Leadership shifted; cash burn accelerates.
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