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Ensysce Biosciences (ENSC)

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Ensysce Biosciences, Inc. is a clinical-stage pharmaceutical company focused on developing prescription pain medicines designed to reduce the risks associated with opioid therapy. The company’s research addresses a major public-health challenge: the need for effective treatment of severe pain while limiting opportunities for abuse, misuse, and accidental overdose.

Ensysce’s development strategy is built around proprietary prodrug technologies. Its Trypsin Activated Abuse Protection, or TAAP, platform is designed to create opioid medicines that require enzymatic activation in the body, with the aim of making them less attractive for manipulation and non-medical use. The company is also developing its Multi-Pill Abuse Resistant, or MPAR, technology, which is intended to provide overdose protection by limiting opioid activation when excessive quantities are consumed.

These platforms are being applied to new drug candidates that seek to preserve pain-relieving efficacy while improving the safety profile of opioid-based treatments. If successful, such products could be relevant to hospitals, physicians, and patients who still require strong analgesics but face heightened scrutiny around opioid prescribing and risk management.

As a clinical-stage company, Ensysce does not operate like a diversified pharmaceutical manufacturer with a broad portfolio of marketed products. Its prospects depend heavily on clinical trial results, regulatory decisions, intellectual property protection, manufacturing readiness, and the willingness of healthcare providers and payers to adopt new opioid formulations. The company operates within the pharmaceuticals segment and occupies a specialized niche at the intersection of pain management, drug-delivery science, and abuse-deterrent medicine. Its investment case is therefore closely linked to the progress of its pipeline and the continuing demand for safer approaches to severe pain treatment.

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0.27 USD
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Market Cap
3.82M
P/E
P/FCF
P/S
0.81
Enterprise Value
3.32M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
7946 IVANHOE AVENUE, LA JOLLA, CA, 92037
Market Cap
3.82M
Enterprise Value
3.32M
P/E
P/B
-11.24
P/S
0.81
EV / EBITDA
-0.28
EV / Sales
0.71
EPS
-0.8
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-9.72M
ROE
3,466.2%
ROA
-543.71%
Debt / Equity
-0.72
Current Ratio
0.71
Quick Ratio
0.71
Cash
0.26
Avg Volume
3.69M
Fundamentals Snapshot Price
0.26

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 961K 1.88M 493.1K 1.37M 1.32M
Gross profit 961K 1.88M 493.1K 1.37M 1.32M
Operating income -3.56M -2.78M -3.74M -1.75M -1.97M
EBITDA -3.56M -2.78M -3.74M -1.75M -1.97M
Net income -3.56M -2.77M -3.73M -1.73M -1.95M
Basic EPS -0.52 -0.56 -1.29 -0.79 -1.39
Diluted EPS -0.52 -0.56 -1.29 -0.79 -1.39

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 2.17M 7.45M 3.18M 5.57M 4.61M
Total liabilities 2.84M 4.57M 2.3M 2.51M 1.89M
Total equity -669.01K 2.88M 874.71K 3.06M 2.72M
Cash & equivalents 745.48K 4.31M 1.67M 2.21M 3.05M
Current assets 2.01M 7.25M 2.93M 5.28M 4.4M
Current liabilities 2.84M 4.57M 2.3M 2.51M 1.76M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -3.5M -1.53M -1.87M -2.71M -1.71M
Investing cash flow 0 -123.64K
Financing cash flow -63.95K 4.16M 1.45M 1.87M 1.26M
Change in cash -3.56M 2.64M -538.36K -840.92K -449.59K
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edgar index 8-K — Ensysce Biosciences, Inc. View Filing