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Healthcare - Biotechnology - NASDAQ - US
$ 0.618
-8.36 %
$ 2.76 M
Market Cap
-0.43
P/E
1. INTRINSIC VALUE

Protagenic Therapeutics, Inc., a biopharmaceutical company, engages in the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. Its lead compound is PT00114, a synthetic form of teneurin carboxy-terminal associated peptide, an endogenous brain signaling peptide that can dampen overactive stress responses. The company is based in New York, New York.[ Read More ]

The intrinsic value of one PTIX stock under the base case scenario is HIDDEN Compared to the current market price of 0.618 USD, Protagenic Therapeutics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PTIX

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FINANCIALS
0 REVENUE
0.00%
-4.53 M OPERATING INCOME
-27.24%
-5 M NET INCOME
-40.64%
-3.7 M OPERATING CASH FLOW
-85.76%
4.78 M INVESTING CASH FLOW
199.03%
0 FINANCING CASH FLOW
0.00%
50.3 K REVENUE
0.00%
-652 K OPERATING INCOME
60.89%
-641 K NET INCOME
60.11%
-186 K OPERATING CASH FLOW
88.04%
-51.7 K INVESTING CASH FLOW
-3.23%
317 K FINANCING CASH FLOW
611.77%
Balance Sheet Decomposition Protagenic Therapeutics, Inc.
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Current Assets 4.2 M
Cash & Short-Term Investments 4.06 M
Receivables 0
Other Current Assets 144 K
Non-Current Assets 123 K
Long-Term Investments 0
PP&E 123 K
Other Non-Current Assets 0
Current Liabilities 655 K
Accounts Payable 114 K
Short-Term Debt 0
Other Current Liabilities 541 K
Non-Current Liabilities 0
Long-Term Debt 0
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Protagenic Therapeutics, Inc.
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Revenue 0
Cost Of Revenue 28.2 K
Gross Profit -28.2 K
Operating Expenses 4.53 M
Operating Income -4.53 M
Other Expenses 474 K
Net Income -5 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-136.32% ROE
-136.32%
-115.66% ROA
-115.66%
-123.41% ROIC
-123.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Protagenic Therapeutics, Inc.
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Net Income -5 M
Depreciation & Amortization 28.2 K
Capital Expenditures -150 K
Stock-Based Compensation 667 K
Change in Working Capital -114 K
Others 629 K
Free Cash Flow -3.85 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Protagenic Therapeutics, Inc.
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PTIX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Protagenic Therapeutics, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Oct 12, 2023
Bought 6.48 K USD
Arrow Alexander K.
Chief Financial Officer
+ 8000
0.81 USD
2 years ago
May 17, 2022
Bought 5.76 K USD
Arrow Alexander K.
Chief Financial Officer
+ 8000
0.72 USD
2 years ago
May 17, 2022
Bought 16.3 K USD
Arrow Alexander K.
Chief Financial Officer
+ 23000
0.71 USD
3 years ago
Jun 03, 2021
Bought 84.2 K USD
Arrow Alexander K.
Chief Financial Officer
+ 16900
4.98 USD
3 years ago
Jun 02, 2021
Bought 498 USD
Arrow Alexander K.
Chief Financial Officer
+ 100
4.98 USD
3 years ago
May 27, 2021
Bought 14.9 K USD
Arrow Alexander K.
Chief Financial Officer
+ 3000
4.98 USD
3 years ago
May 18, 2021
Bought 89.6 K USD
Arrow Alexander K.
Chief Financial Officer
+ 18000
4.98 USD
3 years ago
May 18, 2021
Bought 59.8 K USD
Arrow Alexander K.
Chief Financial Officer
+ 12000
4.98 USD
3 years ago
Apr 30, 2021
Bought 2.29 K USD
Arrow Alexander K.
Chief Financial Officer
+ 1000
2.29 USD
3 years ago
Apr 29, 2021
Bought 2.29 K USD
Arrow Alexander K.
Chief Financial Officer
+ 1000
2.29 USD
5 years ago
Nov 05, 2019
Bought 0 USD
Barrage Khalil
Director
+ 0
1.25 USD
4 years ago
Nov 20, 2019
Bought 0 USD
ARMEN GARO H
Executive Chairman
+ 0
1.25 USD
8 years ago
Jun 17, 2016
Bought 75.3 K USD
ARMEN GARO H
See Remarks
+ 60211
1.25 USD
8 years ago
Apr 15, 2016
Bought 22.8 K USD
Arrow Alexander K.
Chief Financial Officer
+ 18260
1.25 USD
8 years ago
Apr 15, 2016
Bought 50 K USD
Arrow Alexander K.
Chief Financial Officer
+ 40000
1.25 USD
13 years ago
May 31, 2011
Bought 2.2 M USD
BRILLIANT DIGITAL ENTERTAINMENT INC
10 percent owner
+ 758621
2.9 USD
13 years ago
May 31, 2011
Bought 2.2 M USD
BRILLIANT DIGITAL ENTERTAINMENT INC
10 percent owner
+ 758621
2.9 USD
13 years ago
May 31, 2011
Bought 1.11 M USD
BRILLIANT DIGITAL ENTERTAINMENT INC
10 percent owner
+ 379311
2.93 USD
13 years ago
May 31, 2011
Bought 1.07 M USD
BRILLIANT DIGITAL ENTERTAINMENT INC
10 percent owner
+ 360345
2.97 USD
13 years ago
Dec 13, 2010
Bought 3.67 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 1758
2.09 USD
13 years ago
Dec 13, 2010
Bought 624 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 300
2.08 USD
13 years ago
Dec 13, 2010
Bought 1.18 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 569
2.07 USD
13 years ago
Dec 13, 2010
Bought 148 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 74
2 USD
13 years ago
Dec 13, 2010
Bought 2.65 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 1334
1.99 USD
13 years ago
Dec 13, 2010
Bought 1.78 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 900
1.98 USD
13 years ago
Dec 13, 2010
Bought 524 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 266
1.97 USD
13 years ago
Dec 10, 2010
Bought 9.5 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 5000
1.9 USD
13 years ago
Dec 10, 2010
Bought 6.26 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 3499
1.79 USD
13 years ago
Dec 10, 2010
Bought 170 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 100
1.7 USD
13 years ago
Dec 10, 2010
Bought 164 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 100
1.64 USD
13 years ago
Dec 10, 2010
Bought 978 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 600
1.63 USD
13 years ago
Dec 10, 2010
Bought 480 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 300
1.6 USD
13 years ago
Dec 10, 2010
Bought 318 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 200
1.59 USD
13 years ago
Dec 13, 2010
Bought 3.67 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 1758
2.09 USD
13 years ago
Dec 13, 2010
Bought 624 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 300
2.08 USD
13 years ago
Dec 13, 2010
Bought 1.18 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 569
2.07 USD
13 years ago
Dec 13, 2010
Bought 148 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 74
2 USD
13 years ago
Dec 13, 2010
Bought 2.65 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 1334
1.99 USD
13 years ago
Dec 13, 2010
Bought 1.78 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 900
1.98 USD
13 years ago
Dec 13, 2010
Bought 524 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 266
1.97 USD
13 years ago
Dec 10, 2010
Bought 9.5 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 5000
1.9 USD
13 years ago
Dec 10, 2010
Bought 6.26 K USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 3499
1.79 USD
13 years ago
Dec 10, 2010
Bought 170 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 100
1.7 USD
13 years ago
Dec 10, 2010
Bought 164 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 100
1.64 USD
13 years ago
Dec 10, 2010
Bought 978 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 600
1.63 USD
13 years ago
Dec 10, 2010
Bought 480 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 300
1.6 USD
13 years ago
Dec 10, 2010
Bought 318 USD
MUSCI RAYMOND
Exec VP, Corporate Development
+ 200
1.59 USD
14 years ago
Dec 21, 2009
Bought 3.23 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 5376
0.6 USD
14 years ago
Dec 14, 2009
Bought 343 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 527683
0.6498 USD
14 years ago
Dec 09, 2009
Bought 14.7 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 21947
0.67 USD
14 years ago
Dec 08, 2009
Bought 57 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 86386
0.6597 USD
15 years ago
Nov 19, 2009
Bought 21.2 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 25000
0.85 USD
15 years ago
Nov 16, 2009
Bought 42.9 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 50500
0.85 USD
15 years ago
Nov 13, 2009
Bought 42.9 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 50000
0.8584 USD
15 years ago
Nov 12, 2009
Bought 9.44 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 11100
0.85 USD
15 years ago
Nov 25, 2008
Bought 29.3 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 25000
1.1716 USD
16 years ago
Aug 29, 2008
Bought 101 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 25000
4.0262 USD
16 years ago
Jun 13, 2008
Bought 43 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 10000
4.2968 USD
16 years ago
Jun 11, 2008
Bought 43.6 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 10000
4.3601 USD
16 years ago
Jun 10, 2008
Bought 43.1 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 10000
4.3107 USD
16 years ago
Jun 05, 2008
Bought 42.1 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 10000
4.2071 USD
16 years ago
Jun 02, 2008
Bought 140 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 35000
4 USD
16 years ago
May 30, 2008
Bought 160 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 35000
4.5643 USD
16 years ago
Nov 30, 2007
Bought 175 K USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 12500
14 USD
17 years ago
Mar 08, 2007
Sell 0 USD
WALKER SCOTT
Chief Marketing Officer
- 53538.859
0 USD
17 years ago
Feb 12, 2007
Bought 3.49 M USD
Trinad Capital Master Fund Ltd.
10 percent owner
+ 360000000
0.0097 USD
18 years ago
Oct 24, 2006
Sell 11.7 K USD
Banon Sid
- 586222
0.02 USD
18 years ago
Oct 24, 2006
Sell 46.9 K USD
CHAZEN JEROME A
Director
- 2344887
0.02 USD
18 years ago
Oct 24, 2006
Sell 352 K USD
KIER ISAAC
Director
- 17586652
0.02 USD
7. News
Protagenic Therapeutics Announces Closing of Private Placement for Aggregate Gross Proceeds of $1.275 Million NEW YORK, NY / ACCESSWIRE / November 5, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX) ("Protagenic Therapeutics" or the "Company"), a leader in biopharmaceutical innovation, announced today that on November 4, 2024 it closed its previously announced private placement pursuant to a purchase agreement (the "Purchase Agreement") for the purchase and sale of an aggregate of 1,948,295 shares of common stock, series A common stock purchase warrants to purchase an aggregate of 1,948,295 shares of common stock, with an exercise price of $0.64 per share, which are exercisable on the trading day immediately following the Stockholder Approval Date (as defined in the Purchase Agreement) for a term of eighteen (18) months from the Stockholder Approval Date, and series B common stock purchase warrants to purchase an aggregate of 1,948,295 shares of common stock with an exercise price of $0.64 per share, which are exercisable on the trading day immediately following the Stockholder Approval Date for a term of five (5) years from the Stockholder Approval Date. The purchase price of each share of common stock and associated common stock purchase warrants was $0.64 ($0.89 in the case of insiders). accesswire.com - 1 week ago
Protagenic Therapeutics Announces Pricing of Private Placement for Aggregate Gross Proceeds of $1.275 Million NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Protagenic Therapeutics, Inc. (Nasdaq:PTIX) ("Protagenic Therapeutics" or the "Company"), a leader in biopharmaceutical innovation, announced today it has entered into a purchase agreement (the "Purchase Agreement") for the purchase and sale of an aggregate of 1,948,295 shares of common stock (or pre-funded warrants in lieu of shares of common stock), series A common stock purchase warrants to purchase an aggregate of 1,948,295 shares of common stock, with an exercise price of $0.64 per share, which are exercisable on the trading day immediately following the Stockholder Approval Date (as defined in the Purchase Agreement) for a term of eighteen (18) months from the Stockholder Approval Date (as defined in the Purchase Agreement), and series B common stock purchase warrants to purchase an aggregate of 1,948,295 shares of Common Stock with an exercise price of $0.64 per share, which are exercisable on the trading day immediately following the Stockholder Approval Date for a term of five (5) years from the Stockholder Approval Date. The purchase price of each share of common stock and associated common stock purchase warrants will be $0.64 ($0.89 in the case of insiders). accesswire.com - 2 weeks ago
Protagenic Therapeutics Completes Enrollment in Single Dose Portion of Phase 1 of Innovative Stress Disorder Trial NEW YORK, NY / ACCESSWIRE / May 1, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a leader in biopharmaceutical innovation, today announced the completion of enrollment in the single dose portion of its Phase 1 trial involving PT00114, its synthetic stress-regulating peptide, for treating neuropsychiatric disorders. This marks a significant milestone with the enrollment of 30 subjects across five cohorts, receiving doses up to 1,000 micrograms. accesswire.com - 6 months ago
Protagenic Therapeutics' Innovative Peptide PT00114 to be Highlighted at Boston Summit Chief Operating Officer to Present Key Advances at Peptide Therapeutics Summit NEW YORK, NY / ACCESSWIRE / April 17, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a pioneer in biopharmaceutical research, announced today that Dr. Andrew Slee, Chief Operating Officer, will present a talk on PT00114, the company's promising new drug candidate, at the Peptide Based Therapeutic Summit in Boston. Titled "Novel Blood-Brain Barrier Penetrating Peptide: Opening New Doors in Neuro-Psychiatric Treatment," Dr. Slee's talk will focus on the groundbreaking structure of PT00114, designed to efficiently cross the blood-brain barrier and unlock new potential in treating serious neuro-psychiatric conditions. accesswire.com - 7 months ago
Protagenic Therapeutics, Inc. (PTIX) Q4 2023 Earnings Call Transcript Protagenic Therapeutics, Inc. (PTIX) Q4 2023 Earnings Call Transcript seekingalpha.com - 7 months ago
Protagenic Therapeutics Reports Fourth Quarter and Full Year 2023 Results Transitioned from Pre-Clinical to Clinical Stage company in FY 2023 Phase 1/2a trial, designed to assess both healthy volunteers and patients diagnosed with Treatment-Resistant Depression, PTSD or Generalized Anxiety Disorder, progressing through Phase 1 portion Plans to enroll final two out of five cohorts into the single dose portion of the Phase 1 trial within the next month NEW YORK, NY / ACCESSWIRE / April 1, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a leader in biopharmaceutical innovation, today provided a corporate update and reported financial results for the fourth quarter and full year 2023. "In 2023, Protagenic Therapeutics achieved a significant milestone as we began enrolling patients for our neuropeptide drug candidate, PT00114," said Dr. Garo Armen, Executive Chairman. accesswire.com - 7 months ago
Protagenic Therapeutics Successfully Concludes Third Cohort in Single Dose Portion of Phase 1 Trial for Stress-Related Neuropsychiatric Disorders Next clinical progress update expected in April 2024 NEW YORK, NY / ACCESSWIRE / March 27, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a leader in biopharmaceutical innovation, advances its mission to develop cutting-edge treatments for stress-related neuropsychiatric disorders. The company has reached another milestone by completing three out of five cohorts of healthy volunteers with PT00114, its synthetic version of the stress-regulating peptide TCAP, in a SAD Phase 1 clinical trial. accesswire.com - 7 months ago
Protagenic Therapeutics Schedules First Q4 and FY 2023 Earnings Call Call Scheduled for Monday, April 1st, 2024, at 4:30 pm ET NEW YORK, NY / ACCESSWIRE / March 25, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a biopharmaceutical innovator, announced that the Company plans to hold its first investor earnings call to discuss the results contained in its FY 2023 Form 10K, which it plans to file that day, and its outlook for FY 2024. The Company plans to hold its earnings call, open to the public, at 4:30 pm ET on Monday, April 1st, to discuss the results of its Q4 and FY 2023, which it plans to publish in its Form 10K to be filed with the SEC that day. accesswire.com - 7 months ago
Protagenic Therapeutics Announces Resolution of Nasdaq Deficiency Notice NEW YORK, NY / ACCESSWIRE / March 21, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a biopharmaceutical innovator, regained compliance with Nasdaq Listing Rule 5550(a)(2) as the closing bid price of shares of PTIX has remained above $1.00 per share for ten consecutive trading days. This resolves the issue of potential delisting from Nasdaq by May 19, 2024 that the company had been facing. accesswire.com - 7 months ago
Protagenic Therapeutics Achieves First Clinical Safety Milestone with its Novel Neuropeptide for the Potential Treatment of Stress-Related Disorders Company Anticipates Reporting Complete Phase I Single Dose Results in April NEW YORK, NY / ACCESSWIRE / February 13, 2024 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a biopharmaceutical innovator, announced a step forward in its mission to address stress-related neuro-psychiatric disorders. The company has completed the first dose escalation step in the Phase I safety clinical trial for PT00114, its pioneering brain peptide compound. accesswire.com - 9 months ago
Protagenic Therapeutics Announces Date of Annual Shareholder Meeting NEW YORK, NY / ACCESSWIRE / October 13, 2023 / Protagenic Therapeutics, Inc. (NASDAQ:PTIX) a biopharmaceutical company focused on developing therapies to treat stress-related neurologic disorders, today announced its FY 2022 annual shareholder meeting will be held Wednesday, December 13, 2023, at 10:00 am EST, for shareholders of record as of this coming Monday, October 16th. Those who would like to attend the meeting virtually may do so by going to the website www.virtualshareholdermeeting.com/PTIX2023. accesswire.com - 1 year ago
Protagenic Therapeutics Initiates Phase I/IIa Clinical Trial for Groundbreaking Brain Peptide PT00114 A potential major step toward treating stress-related neuro-psychiatric disorders NEW YORK, NY / ACCESSWIRE / September 26, 2023 / Today, Protagenic Therapeutics, Inc. (NASDAQ:PTIX), a pioneering biopharmaceutical company, has announced the commencement of its Phase I/IIa clinical trial for PT00114, its leading drug candidate. Key Highlights: Clinical Trial Focus: The trial aims to evaluate the therapeutic potential of PT00114, a synthetic version of the naturally occurring brain peptide TCAP, in treating an array of neuro-psychiatric conditions, including depression, anxiety, and PTSD. accesswire.com - 1 year ago
8. Profile Summary

Protagenic Therapeutics, Inc. PTIX

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 2.76 M
Dividend Yield 0.00%
Description Protagenic Therapeutics, Inc., a biopharmaceutical company, engages in the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. Its lead compound is PT00114, a synthetic form of teneurin carboxy-terminal associated peptide, an endogenous brain signaling peptide that can dampen overactive stress responses. The company is based in New York, New York.
Contact 149 Fifth Avenue, New York, NY, 10010 https://www.protagenic.com
IPO Date April 27, 2021
Employees 1
Officers Dr. Garo H. Armen Ph.D. Co-Founder & Executive Chairman of the Board Dr. Alexander Kenneth Arrow C.F.A., M.D. Chief Financial Officer & Secretary Dr. Andrew Slee Ph.D. Chief Operating Officer Dr. Robert Benjamin Stein M.D., Ph.D. Chief Medical Officer & Director