BPTH
Bio-Path Holdings, Inc.0.0800
+0.0000+0%
Dec 16, 4:00:00 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
664.63KP/E (TTM)
-Basic EPS (TTM)
-0.64Dividend Yield
0%Recent Filings
8-K
CEO takes control via preferred
Bio-Path Holdings handed control to CEO-controlled Steel Giants Advisors on January 2, 2026, issuing 51 Series S Preferred shares—each convertible to one common and carrying 1% diluted voting power—plus 2M warrants at $0.0001, settling $10,000 payables. Domesticated to Wyoming February 12, expecting March approval. Hired Farrington Capital, formed Strategic Advisory Board with 1.5M option pool, nixed reverse split, and eyes creditor restructurings to revive AML trials. Turnaround underway, outcomes uncertain.
10-Q
Q3 FY2025 results
Bio-Path Holdings burned through its cash pile to zero by Q3 ended September 30, 2025, posting a $0.5M operating loss—down 81% y/y from $2.6M as R&D plunged 79% to $0.3M and G&A fell 84% to $0.2M amid an operational pause and staff furloughs. Net loss narrowed to $1.0M or $(0.11) per share from $2.1M or $(0.70), driven by fair value losses on warrants and derivatives while interest bit $0.1M. Notes payable stood at $0.5M with March notes in default; operating cash drained $1.6M YTD, offset by $0.4M financing. Cash ran dry. Antidilutive warrants and options excluded from EPS.
8-K
Director resigns amid turnaround push
Bio-Path Holdings' board accepted Douglas Morris's director resignation on November 13, 2025, after his November 4 notice. The company hunts financing for a turnaround: new finance team, PCAOB auditors, investment bankers to shop biotech assets, and M&A pursuits. No success assured. Failure risks going-concern doubts and delisting.
8-K
Leadership overhaul at Bio-Path
Bio-Path Holdings appointed Vikram Grover as President, CEO, CFO, and board member on October 22, 2025, replacing Douglas Morris, who stepped down from his interim CEO and CFO roles but stayed on the board. Paul Aubert resigned as director the same day. This leadership shakeup aims to steer the biotech firm through its clinical pipeline challenges. Transitions like these test continuity.
10-Q
Q2 FY2025 results
Bio-Path Holdings posted a Q2 net loss of $4.6 million, up from $1.9 million a year ago, driven by research and development costs jumping to $4.0 million from $1.9 million amid clinical trial pauses for BP1001 and BP1001-A. Operating expenses climbed 50% year-over-year to $4.6 million, while the six-month net loss narrowed to $7.4 million from $5.0 million, thanks to a $0.4 million gain from warrant liability fair value changes. Cash drained to zero by June 30, 2025, after $1.6 million used in operations, offset by $0.4 million from promissory notes and warrant exercises; total debt stands at $0.4 million with payments due starting August 2025. The company initiated a capital-conserving operational pause and employee furloughs in late June. Yet cash won't last. Operational pauses risk losing key talent.
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