$2.77
+6.3%Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino capsules to treat only inflammatory lesions of non-nodular moderate to severe acne vulgaris; Targadox for severe acne; Exelderm cream for ringworm and jock itch symptoms; Ceracade for dry skin conditions; Luxamend for dressing and managing wounds; and Accutane capsules for severe recalcitrant nodular acne. It also develops late stage product candidates, such as intravenous Tramadol for the treatment of post-operative acute pain; CUTX-101, an injection for the treatment of Menkes disease; MB-107 and MB-207 for the treatment of X-linked severe combined immunodeficiency; Cosibelimab for metastatic cancers; CK-101 for the treatment of patients with EGFR mutation-positive NSCLC; CAEL-101 for the treatment of amyloid light chain amyloidosis; Triplex vaccine for cytomegalovirus; and CEVA101 for the treatment of severe traumatic brain injury in adults and children. The company's early stage product candidates include MB-102 for blastic plasmacytoid dendritic cell neoplasm; MB-101 for glioblastoma; MB-104 for multiple myeloma and light chain amyloidosis; MB-106 for B-cell non-hodgkin lymphoma; MB-103 for GBM & metastatic breast cancer to brain; MB-108; MB-105 for prostate and pancreatic cancers; and BAER-101. Its preclinical product candidates comprise AAV-ATP7A gene therapy; AVTS-001 gene therapy; CK-103 BET inhibitor; CEVA-D and CEVA-102; CK-302, an anti-GITR; CK-303, an anti-CAIX; ConVax; and ONCOlogues, and oligonucleotide platform. It has collaboration arrangements with universities, research institutes, and pharmaceutical companies. The company was formerly known as Coronado Biosciences, Inc. and changed its name to Fortress Biotech, Inc. in April 2015. Fortress Biotech, Inc. was incorporated in 2006 and is based in Bay Harbor Island, New York.
Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.
Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.
Strong working capital position provides significant operational flexibility and financial cushion.
Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.
Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.
FBIO โข NASDAQ
| Fortress Biotech, Inc. Balance Sheet | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||
CURRENT ASSETS | |||||||||||||||||
79.4M | 57.3M | 80.9M | 178.3M | 305.7M | 233.4M | 136.9M | 65.5M | 113.9M | 88.3M | 98.2M | 49.8M | 99.5M | 40.2M | 23.2M | 14.9M | 1.5M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15M | 17.6M | 39M | 3.4M | 0.0 | 20M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
79.4M | 57.3M | 80.9M | 178.3M | 305.7M | 233.4M | 136.9M | 83.1M | 131M | 91.7M | 98.2M | 69.8M | 99.5M | 40.2M | 23.2M | 14.9M | 1.5M | |
29.9M | 10.4M | 15.4M | 28.3M | 23.8M | 24.7M | 14.4M | 7.6M | 15.2M | 5.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
29.8M | 10.2M | 15.2M | 28.2M | 23.1M | 23.9M | 13.5M | 5.5M | 7.8M | 1.8M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
158K | 171K | 167K | 138K | 678K | 744K | 865K | 2.1M | 7.4M | 3.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
9.6M | 14.4M | 10.2M | 14.2M | 9.9M | 1.4M | 857K | 678K | 171K | 203K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 7.1M | 0.0 | 4.1M | 6.7M | 5.7M | 9.1M | 1.6M | 702K | 510K | 393K | 215K | 0.0 | 0.0 | |
5.1M | 8.3M | 10.5M | 9.7M | 0.0 | 6.7M | 0.0 | 13.1M | 38.6M | 0.0 | 1.6M | 702K | 510K | 393K | 215K | 55K | 5K | |
123.8M | 90.4M | 117M | 230.4M | 346.5M | 266.1M | 156.3M | 111.2M | 183.2M | 109.6M | 99.8M | 70.5M | 100M | 40.6M | 23.4M | 14.9M | 1.5M | |
NON-CURRENT ASSETS | |||||||||||||||||
14.8M | 17.1M | 23.5M | 33M | 34.1M | 32.4M | 33.9M | 12M | 9.5M | 7.4M | 309K | 52K | 447K | 51K | 0.0 | 22K | 15K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18.6M | 18.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
27.6M | 31.9M | 20.3M | 27.2M | 12.6M | 14.6M | 7.4M | 1.4M | 15.2M | 17.4M | 1.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
27.6M | 31.9M | 20.3M | 27.2M | 12.6M | 14.6M | 7.4M | 1.4M | 33.9M | 36.1M | 1.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
17.7M | 1.6M | 2.4M | 2.7M | 2.2M | 19.2M | 11.1M | 0.0 | 1.4M | 1.4M | 2.5M | 4.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | -2.7M | -2.2M | 0.0 | 0.0 | -16.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
1.6M | 3.3M | 4.3M | 3.7M | 3.4M | 1M | 17.7M | 16.4M | 18M | 16.3M | 14.8M | 14.7M | 104K | 349K | 0.0 | 0.0 | 157K | |
61.7M | 53.9M | 50.5M | 63.9M | 50M | 67.3M | 70.2M | 29.8M | 62.8M | 61.1M | 18.8M | 18.9M | 551K | 400K | 0.0 | 22K | 172K | |
185.5M | 144.2M | 167.5M | 294.3M | 396.5M | 333.4M | 226.4M | 141M | 246M | 170.7M | 118.6M | 89.3M | 100.6M | 41M | 23.4M | 14.9M | 1.7M | |
LIABILITIES | |||||||||||||||||
CURRENT LIABILITIES | |||||||||||||||||
16.4M | 32.6M | 35.7M | 58M | 47.8M | 11.5M | 10.1M | 17.9M | 10M | 14.2M | 1.9M | 366K | 468K | 1M | 575K | 476K | 628K | |
14.2M | 31.6M | 34.8M | 57.2M | 47.4M | 11.4M | 35.5M | 17.9M | 10M | 14.2M | 1.9M | 366K | 468K | 1M | 575K | 476K | 628K | |
2.2M | 932K | 843K | 722K | 345K | 136K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
28.9M | 30.7M | 8.5M | 9.8M | 8.8M | 6.7M | 26.5M | 17.4M | 15.6M | 18.5M | 3.7M | 598K | 450K | 1.1M | 708K | 862K | 419K | |
0.0 | 625K | 9.5M | 10.2M | 5.3M | 6.4M | 7.2M | 19.1M | 13.2M | 2M | 0.0 | 0.0 | 6.2M | 1.8M | 0.0 | 0.0 | 0.0 | |
2.1M | 2.6M | 0.0 | 2.4M | 2.1M | 0.0 | 1.8M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
356K | 932K | 843K | 722K | 345K | 136K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 190K | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 728K | 2.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 190K | 0.0 | 0.0 | 0.0 | 0.0 | |
2.3M | 4.8M | 31.3M | 46.6M | 34.4M | 27.1M | 27K | 12.8M | 42.1M | 24.5M | 6.2M | 2.9M | 4.1M | 1.2M | 2.2M | 221K | 10.2M | |
49.7M | 71.4M | 84.9M | 127.7M | 101M | 51.8M | 45.6M | 55.6M | 71.4M | 56.6M | 10.6M | 4.1M | 11.2M | 5.1M | 3.5M | 1.6M | 11.2M | |
NON-CURRENT LIABILITIES | |||||||||||||||||
59.5M | 58M | 60.9M | 93.1M | 46.6M | 59.8M | 82.4M | 60.4M | 49.3M | 26.2M | 23.2M | 14M | 7.4M | 12.8M | 750K | 0.0 | 570K | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 493K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -493K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
1.4M | 1.8M | 1.9M | 1.8M | 2M | 1.9M | 2.1M | 5.2M | 4.7M | 5M | 584K | 454K | 679K | 1M | 0.0 | 0.0 | 0.0 | |
73.6M | 74.5M | 81M | 116.6M | 69.6M | 84.7M | 108.3M | 65.6M | 54M | 31.2M | 23.8M | 14.7M | 8.1M | 13.8M | 750K | 0.0 | 570K | |
14.8M | 17.4M | 18.3M | 24M | 23.1M | 22.9M | 25.5M | 0.0 | 0.0 | 0.0 | 237K | 433K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
123.4M | 145.9M | 165.9M | 244.3M | 170.6M | 136.4M | 153.9M | 121.3M | 125.4M | 87.8M | 34.3M | 18.8M | 19.3M | 19M | 4.2M | 1.6M | 11.8M | |
SHAREHOLDERS' EQUITY | |||||||||||||||||
3K | 3K | 3K | 3K | 3K | 3K | 1K | 1K | 1K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23.4M | 29.3M | 0.0 | |
32K | 28K | 15K | 110K | 101K | 95K | 574K | 717K | 551K | 49K | 47K | 46K | 40K | 24K | 19K | 5K | 5K | |
783.9M | 763.6M | 717.4M | 675.9M | 656M | 583M | 461.9M | 397.4M | 364.1M | 283.7M | 247M | 212.2M | 202.6M | 106.2M | 75.7M | 4.3M | 137K | |
-734.1M | -740.9M | -694.9M | -634.2M | -547.5M | -482.8M | -436.2M | -396.3M | -312.1M | -245.3M | -190.2M | -141.7M | -121.3M | -84.2M | -56.6M | -20.2M | -10.2M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 500K | 0.0 | 0.0 | -481K | -68K | -42K | -20K | -3K | 0.0 | 0.0 | 0.0 | |
0.0 | 0.0 | 0.0 | -103K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
49.9M | 22.7M | 22.5M | 41.7M | 108.7M | 100.3M | 26.2M | 1.9M | 52.6M | 38.5M | 56.8M | 70.5M | 81.3M | 22M | 19.1M | 13.4M | -10.1M | |
62.2M | -1.6M | 1.6M | 50M | 225.9M | 197M | 72.5M | 19.7M | 120.5M | 83M | 84.3M | 70.5M | 81.3M | 22M | 19.1M | 13.4M | -10.1M | |
12.3M | -24.4M | -21M | 8.3M | 117.2M | 96.7M | 46.3M | 17.9M | 67.9M | 44.5M | 27.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
SUMMARY | |||||||||||||||||
185.5M | 144.2M | 167.5M | 294.3M | 396.5M | 333.4M | 226.4M | 141M | 246M | 170.7M | 118.6M | 89.3M | 100.6M | 41M | 23.4M | 14.9M | 1.7M | |
17.7M | 1.6M | 2.4M | 2.7M | 2.2M | 19.2M | 11.1M | 17.6M | 40.4M | 4.8M | 2.5M | 24.2M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
74.3M | 76M | 88.6M | 127.3M | 75M | 89.1M | 115.1M | 79.5M | 62.5M | 28.2M | 23.2M | 14M | 13.6M | 14.6M | 750K | 0.0 | 570K | |
-5.1M | 18.7M | 7.7M | -50.9M | -230.8M | -144.3M | -21.7M | 14M | -47.4M | -60.1M | -75M | -35.8M | -85.9M | -27.8M | -22.4M | -14.9M | -940K | |
29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 | 29,754,400 |
FBIO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 | |
DEF 14A DEF 14A 2026 N/A | April 28, 2026 | June 17, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 31, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 23, 2026 | February 22, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 13, 2026 | January 13, 2026 | 2026 | |
S-1 S-1 N/A | December 16, 2025 | December 16, 2025 | ย | |
8-K 8-K 2025 N/A | December 15, 2025 | December 12, 2025 | 2025 |
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