THAR
Tharimmune, Inc.2.4100
+0.0100+0.42%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
84.46MP/E (TTM)
-Basic EPS (TTM)
-3.68Dividend Yield
0%Recent Filings
8-K
CFO Asbury appointed
Tharimmune appointed Jacob Asbury as CFO effective December 10, 2025, replacing interim CFO Sireesh Appajosyula, who stays on as CEO of subsidiary Gravitas Life Sciences. Asbury, ex-CFO of Clear Street Group, gets $300,000 base salary and $100,000 target bonus to drive digital asset treasury strategy with Canton Coin. New leadership bolsters financial ops. Forward-looking statements carry risks.
10-Q
Q3 FY2025 results
Tharimmune narrowed its Q3 operating loss to $2.1M from $3.8M y/y, driven by R&D cuts to $0.3M (down 88%) on lower license fees and trials, while G&A rose 15% to $1.8M from stock comp. Nine-month net loss improved to $6.5M from $8.4M y/y, with EPS at $(0.34) on 6.2M shares matching 3Q and $(1.66) on 3.9M YTD. Cash climbed to $7.6M on $9.7M financing inflows, funding ops burn of $5.7M; minor note payable of $0.2M and insurance financing outstanding. Losses align across operating and net lines. Warrants dilute ahead.
8-K
Closes $545M placement
Tharimmune closed a $545 million private placement on November 6, 2025, led by DRW and Liberty City Ventures, to acquire Canton Coin and operate validators on the Canton Network. Mark Wendland joined as CEO and Mark Toomey as President, overseeing the digital asset treasury pivot while biotech ops continue. New ATM agreement enables up to $64,910,161 in share sales. Leadership sharpened.
8-K
Tharimmune raises $545M, swaps leaders
Tharimmune closed its private placement on November 6, 2025, issuing 26M shares and 151M pre-funded warrants for ~$545M gross proceeds to build a Canton Coin treasury and fund operations. Two directors resigned without disagreement; Mark Wendland (ex-DRW/Citadel) became CEO and director, Mark Toomey (ex-Liberty City/Galaxy) President—both with $500K salaries. Leadership overhaul ties to crypto pivot.
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