BTAI
BioXcel Therapeutics, Inc.1.8800
+0.0100+0.54%
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
41.11MP/E (TTM)
-Basic EPS (TTM)
-9.29Dividend Yield
0%Recent Filings
8-K
BioXcel closes $7.8M offering
BioXcel Therapeutics closed a $7.8M registered direct offering on March 11, 2026, selling 2.48M shares and pre-funded warrants plus accompanying warrants exercisable at $1.614 for five years. It also amended prior warrants for 1.39M shares to match terms, receiving $173K from the buyer. Cash bolsters runway, but dilution hits shareholders hard.
8-K
IGALMI at-home market assessed
BioXcel Therapeutics completed an updated market assessment for IGALMI in at-home acute agitation treatment for bipolar and schizophrenia, identifying up to 1.8 million eligible U.S. patients and 86 million annual episodes. Informed by SERENITY At-Home study data, prescribers project 70% patient use, often replacing benzodiazepines, with payers expecting broad coverage. sNDA submitted last month. FDA approval remains uncertain.
8-K
Retention bonuses post-sNDA
BioXcel Therapeutics entered retention bonus agreements with key employees, including senior management, on February 4, 2026, post-sNDA submission for IGALMI® in outpatient agitation treatment. Most snag $225,000 total—$150,000 upfront, $75,000 by April 15 if employed and no credit defaults—while CEO gets $650,000. Final payouts accelerate on $25M capital raise or change of control. Retention hinges on staying through 2026.
8-K
IGALMI sNDA submitted
BioXcel Therapeutics submitted an sNDA to the FDA on January 14, 2026, seeking at-home approval for IGALMI sublingual film to treat agitation in bipolar or schizophrenia patients. IGALMI, first approved in April 2022 for supervised use, targets a label expansion to the underserved home setting with no current options. Pivotal step forward. Filing discloses no financial details or risks.
8-K
Pavao named interim CCO
BioXcel Therapeutics appointed Mark Pavao as Interim Chief Commercial Officer on January 12, 2026, to gear up for a potential IGALMI launch in the at-home setting. The company plans an sNDA submission this month for FDA approval in acute agitation tied to bipolar or schizophrenia. New hire bolsters commercialization push. Risks loom if approval falters.
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