GridAI Technologies (GRDX)

Nasdaq Market Open

GridAI Technologies Corp., formerly known as Entero Therapeutics Inc., is a publicly listed company whose described operating focus is the development of targeted, non-systemic therapies for gastrointestinal diseases. Its pipeline is built around treatments intended to act primarily within the digestive system, an approach that can be relevant in conditions where localized activity may reduce broader systemic exposure.

The company’s lead program is latiglutenase, a Phase 3-ready oral biotherapeutic being developed for celiac disease. Celiac disease is an autoimmune disorder triggered by gluten, and patients currently rely mainly on strict dietary avoidance. A targeted oral therapy that helps address gluten exposure would represent a differentiated approach in a market with substantial unmet medical need, although clinical and regulatory validation remain central to its prospects.

GridAI Technologies’ pipeline also includes capeserod, a selective 5-HT4 receptor partial agonist being evaluated for gastrointestinal motility-related indications, including gastroparesis. Gastroparesis can cause delayed stomach emptying, nausea, vomiting, and nutritional complications, and available treatment options are limited for many patients.

Another development asset is adrulipase, a recombinant lipase enzyme designed to support fat and nutrient digestion in patients with exocrine pancreatic insufficiency associated with cystic fibrosis and chronic pancreatitis. This program targets a group of patients who often require enzyme replacement to improve nutrient absorption.

For investors, the company is best viewed through the lens of a development-stage healthcare business, despite its current corporate name. Its outlook depends on advancing clinical programs, securing regulatory approvals, obtaining capital, and demonstrating that its therapies can offer meaningful benefits over existing standards of care in specialized gastrointestinal markets.

6.05 USD
+0.30 (+5.06%)

Last updated

Market Cap
39.45M
P/E
P/FCF
P/S
529.86
Enterprise Value
41.42M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
433 PLAZA REAL, BOCA RATON, FL

No recent news is linked to this listing.

Market Cap
39.45M
Enterprise Value
41.42M
P/E
P/B
2.12
P/S
529.86
EV / EBITDA
-4.45
EV / Sales
556.32
EPS
-1.36
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
-48.54%
ROA
-18.81%
Debt / Equity
0.13
Current Ratio
0.16
Quick Ratio
0.16
Cash
0.02
Avg Volume
145.54K
Fundamentals Snapshot Price
5.93

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 38.21K 36.25K
Gross profit -613.74K -657.43K
Operating income -3.61M -4.69M -934.79K -638.86K -821.39K
EBITDA -3.61M -4.11M -934.79K -638.86K -821.39K
Net income -3.63M -3.07M -1.24M -1.08M -1.34M
Basic EPS -0.82 -1.88 -0.75 -0.21 -0.84
Diluted EPS -0.82 -1.88 -0.75 -0.21 -0.84

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 47.97M 48.55M 135.37M 85.06M 85.2M
Total liabilities 20.47M 19.72M 45.81M 29.68M 28.74M
Total equity 23.6M 24.94M 27.88M -6.3M -5.22M
Cash & equivalents 385.54K 899.78K 2.52M 4.47K 59.35K
Current assets 2.58M 2.6M 87.7M 83.32M 83.46M
Current liabilities 16.23M 15.16M 9.84M 6.13M 5.52M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -1.79M -3.97M -855.69K -54.88K -818.64K
Investing cash flow -12.95K 336.43K
Financing cash flow 1.45M 2.16M 3.03M 0 700K
Change in cash -514.24K -1.62M 2.51M -54.88K -118.64K
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