Lantern Pharma (LTRN)

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Lantern Pharma Inc. is a clinical-stage biopharmaceutical company developing cancer therapies with the support of artificial intelligence and machine-learning tools. The company uses its proprietary RADR platform to analyze biological, genomic, and clinical data in an effort to identify patient populations, refine drug development decisions, and improve the probability of success for oncology programs. Its strategy combines data-driven drug discovery with the development and repositioning of small-molecule therapies and related cancer treatment candidates.

Lantern’s pipeline includes lead programs such as LP-300, LP-184, and LP-284, which are aimed at selected solid tumors and hematologic cancers. The company’s work spans areas where biomarkers and tumor biology may help define which patients are most likely to respond to treatment. This precision-oncology approach is designed to make development more targeted than traditional broad-based cancer drug trials, although the company remains subject to the clinical, regulatory, and financing risks typical of early-stage biotechnology businesses.

Lantern also pursues oncology applications through subsidiary and platform-driven programs, including work connected to central nervous system and brain cancers. Its business model is built around advancing candidates through preclinical and clinical milestones, protecting intellectual property, and potentially partnering or licensing assets where appropriate.

The company stands out for its emphasis on using AI as an integrated drug-development engine rather than as a peripheral research tool. For investors following Lantern Pharma, the key focus is the translation of RADR-generated insights into clinical evidence, regulatory progress, and a differentiated pipeline in competitive cancer markets.

3.59 USD
3.40 USD
−0.20 (-5.28%)
After-hours

Last updated

Market Cap
45.8M
P/E
P/FCF
P/S
Enterprise Value
40.89M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
1920 MCKINNEY AVENUE, DALLAS, TX, 75201
Market Cap
45.8M
Enterprise Value
40.89M
P/E
P/B
13.29
P/S
EV / EBITDA
-2.46
EV / Sales
EPS
-1.25
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-15.07M
ROE
-461.79%
ROA
-220.29%
Debt / Equity
0
Current Ratio
1.87
Quick Ratio
1.87
Cash
1.3
Avg Volume
289.34K
Fundamentals Snapshot Price
3.59

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
Operating income -3.41M -4.2M -4.35M -4.65M -4.77M
EBITDA -3.4M -4.2M -4.35M -4.65M -4.77M
Net income -3.33M -4.07M -4.18M -4.33M -4.54M
Basic EPS -0.3 -0.36 -0.39 -0.4 -0.42
Diluted EPS -0.3 -0.36 -0.39 -0.4 -0.42

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 7.22M 11.04M 13.63M 17.42M 21.1M
Total liabilities 3.78M 4.5M 4.04M 4.9M 4.32M
Total equity 3.45M 6.53M 9.59M 12.52M 16.78M
Cash & equivalents 4.92M 4.42M 8.39M 6.06M 6.38M
Current assets 7.06M 10.8M 13.46M 17.2M 20.82M
Current liabilities 3.78M 4.5M 4.04M 4.88M 4.29M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -3.77M -2.79M -4.57M -3.94M -4.38M
Investing cash flow 4.25M -1.7M 5.93M 3.59M 3.24M
Financing cash flow 526.46K 971.78K
Change in cash 494.96K -3.97M 2.33M -316.19K -1.13M
Kind Filing Date Link
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edgar index SCHEDULE 13D/A — Lantern Pharma Inc. View Filing
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edgar index 8-K — Lantern Pharma Inc. View Filing
eight k text 8-K — 8-K View Filing
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edgar index 4 — Lantern Pharma Inc. View Filing
edgar index 4 — Lantern Pharma Inc. View Filing
edgar index 8-K — Lantern Pharma Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Lantern Pharma Inc. View Filing
form 4 Form 4 — Schalop Lee Troy View Filing
edgar index 10-Q — Lantern Pharma Inc. View Filing
edgar index 8-K — Lantern Pharma Inc. View Filing
eight k text 8-K — 8-K View Filing
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edgar index 8-K — Lantern Pharma Inc. View Filing
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edgar index PRE 14A — Lantern Pharma Inc. View Filing
edgar index 424B5 — Lantern Pharma Inc. View Filing
edgar index 8-K — Lantern Pharma Inc. View Filing
edgar index 4 — Lantern Pharma Inc. View Filing
edgar index 4 — Lantern Pharma Inc. View Filing
edgar index SCHEDULE 13D/A — Lantern Pharma Inc. View Filing
edgar index 4 — Lantern Pharma Inc. View Filing
edgar index 4 — Lantern Pharma Inc. View Filing