Eton Pharmaceuticals, Inc.

Eton Pharmaceuticals, Inc.

ETONยทNASDAQ

$28.86

+5.3%
HealthcareBiotechnology

Eton Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on developing and commercializing pharmaceutical products for rare diseases. The company offers Biorphen, a phenylephrine injection for the treatment of clinically important hypotension resulting primarily from vasodilation in the setting of anesthesia; Carglumic Acid for the treatment of acute and chronic hyperammonemia due to N-acetylglutamate Synthase deficiency; and Rezipres, a ready-to-use formulation of a molecule that is indicated for the treatment of clinically important hypotension occurring in the setting of anesthesia. It also offers Alkindi Sprinkle, a replacement therapy for adrenocortical insufficiency in children under 17 years of age; EPRONTIA, a liquid formulation of topiramate; and Alaway Preservative Free, a preservative-free ophthalmic product to treat allergic conjunctivitis. In addition, the company develops Zonisamide Oral Suspension for the treatment of partial on-set seizures; Lamotrigine for Oral Suspension for the treatment of partial on-set seizures; cysteine injection; dehydrated alcohol injection; and Zeneo hydrocortisone autoinjector. Eton Pharmaceuticals, Inc. was incorporated in 2017 and is based in Deer Park, Illinois.

At a Glance

Live Snapshot
Market Cap$790.54M
EPS-0.1700
P/E Ratio-169.76
Earnings Date08/06/2026
3Y+118.0%
5Y-147.0%
10Y-323.0%
3Y-88.0%
5Y+566.0%
10Y+156.0%
3Y-708.0%
5Y-97.0%
10Y-95.0%
ETON

Eton Pharmaceuticals, Inc. Cash Conversion Engine

ETON ยท NASDAQ
Net Income-4.60M
Depreciation & Amortization4.04M
Stock-Based Compensation5.51M
Change in Working Capital-859.00K
Others6.43M
Capital Expenditures-333.00K
Free Cash Flow10.19M

Cash Flow Quality Analysis

FCF Conversion Rate

-221.5%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

3.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+980.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$859.00K

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Eton Pharmaceuticals, Inc. Cash Flow Statement

ETON โ€ข NASDAQ

Eton Pharmaceuticals, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017
OPERATING ACTIVITIES
-4.6M
-3.8M
-936K
-9M
-2M
-28M
-18.3M
-12.7M
-7.2M
4M
1.1M
901K
1.8M
462K
651K
447K
63K
13K
0.0
0.0
0.0
0.0
-546K
0.0
0.0
0.0
0.0
5.5M
3.2M
3.1M
4.2M
3.4M
2.6M
1.9M
1.9M
2.6M
6.4M
1.2M
184K
189K
148K
1.4M
16K
2.6M
1.3M
(0.0)
(82K)
(247K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-859K
-698K
3.5M
7.7M
-6.2M
1M
-2.1M
99K
623K
10.5M
969K
6.8M
4.8M
-4.7M
-22.3M
-18M
-8.1M
-4.7M
INVESTING ACTIVITIES
-333K
-26K
-775K
-38K
-3.3M
-50K
-1.8M
-236K
-130K
(0.0)
-30M
(0.0)
(0.0)
(700K)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
-10M
0.0
-2.8M
0.0
0.0
0.0
0.0
0.0
-333K
-40M
-775K
-2.8M
-2.6M
-50K
-1.8M
-236K
-130K
FINANCING ACTIVITIES
598K
8.2M
0.0
0.0
541K
28.8M
0.0
22.8M
0.0
0.0
24.2M
-1.2M
-385K
-150K
2.5M
4.8M
0.0
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1M
(0.0)
217K
248K
198K
251K
0.0
367K
453K
205K
18M
815K
32.6M
-957K
-134K
391K
31.6M
5.2M
22M
18M
CASH FLOW SUMMARY
11M
-6.5M
5.1M
1.9M
-6.9M
9.2M
-14.7M
13.6M
13.2M
14.9M
21.4M
16.3M
14.4M
21.3M
12.1M
26.7M
13.2M
0.0
25.9M
14.9M
21.4M
16.3M
14.4M
21.3M
12.1M
26.7M
13.2M
10.2M
943K
6M
2M
-8M
-22.4M
-19.9M
-8.4M
-4.8M

SEC Filings

ETON - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 19, 2026
May 18, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
May 01, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 09, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 16, 2026
2026
8-K

8-K 2026

N/A

April 15, 2026
April 09, 2026
2026
8-K

8-K 2026

N/A

March 19, 2026
March 19, 2026
2026
10-K

10-K 2025 FY

FY

March 19, 2026
December 31, 2025
2025
Showing 1 to 10 of 195 filings