NASDAQ : SCLX
Scilex Holding Company — Financial statements
Healthcare · Drug Manufacturers - General · United States
Last price 1.85 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 13.01M
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Financial statements
Scilex Holding Company (SCLX) reported revenue of 31.61M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 31.61M | 30.25M | 56.59M | 46.74M | 38.03M | 31.32M |
| Cost of Revenue | 14.07M | 10.60M | 16.69M | 15.68M | 10.80M | 3.63M |
| Gross Profit | 17.54M | 19.65M | 39.90M | 31.06M | 27.24M | 27.68M |
| Selling, General & Admin | 277.98M | 266.88M | 119.02M | 119.64M | 64.89M | 50.58M |
| Research & Development | 18.61M | 20.71M | 9.64M | 12.75M | 9.05M | 9.20M |
| Amortization of Goodwill & Intangibles | 6.54M | 4.36M | 4.03M | 4.11M | 3.92M | 3.74M |
| Operating Expenses | 303.13M | 291.96M | 132.69M | 136.49M | 77.87M | 63.52M |
| Operating Income | -285.59M | -272.30M | -92.79M | -105.43M | -50.63M | -35.84M |
| Interest Expense | -17.86M | -11.46M | -1.96M | -1.07M | -9.60M | -11.76M |
| Currency Exchange Gain (Loss) | -248.00K | 86.00K | -45.00K | -118.00K | -66.00K | -54.00K |
| Other Non Operating Income (Expenses) | -56.32M | -22.69M | 17.38M | -512.00K | 8.31M | -28.30M |
| EBT Excluding Unusual Items | -360.01M | -306.37M | -77.42M | -107.13M | -51.99M | -75.96M |
| Impairment of Goodwill | -73.36M | -73.36M | ||||
| Gain (Loss) on Sale of Investments | 20.52M | 68.95M | ||||
| Gain (Loss) on Sale of Assets | -30.20M | -30.20M | ||||
| Legal Settlements | -250.00K | -345.00K | 9.39M | |||
| Other Unusual Items | -21.25M | -32.70M | -4.78M | -7.19M | 28.63M | -12.46M |
| Pretax Income | -464.55M | -374.03M | -72.81M | -114.32M | -23.36M | -88.42M |
| Income Tax Expense | 14.00K | 26.00K | -1.00K | 13.00K | 4.00K | 5.00K |
| Earnings From Continuing Operations | -464.56M | -374.05M | -72.81M | -114.33M | -23.36M | -88.42M |
| Minority Interest in Earnings | 17.45M | 15.32M | ||||
| Net Income | -447.12M | -358.73M | -72.81M | -114.33M | -23.36M | -88.42M |
| Preferred Dividends & Other Adjustments | 1.23M | 43.75M | 52.65M | |||
| Net Income to Common | -448.35M | -402.49M | -72.81M | -166.98M | -23.36M | -88.42M |
| Shares Outstanding (Basic) | 8.69M | 11.03M | 10.06M | 3.72M | 3.84M | 3.80M |
| Shares Outstanding (Diluted) | 8.69M | 11.03M | 10.14M | 3.72M | 3.84M | 3.80M |
| EPS (Basic) | -51.60 | -36.48 | -7.24 | -44.85 | -6.09 | -23.29 |
| EPS (Diluted) | -51.60 | -36.48 | -8.05 | -44.85 | -6.09 | -23.45 |
| Free Cash Flow | -17.81M | 3.68M | 19.35M | -20.74M | -21.27M | -28.66M |
| Free Cash Flow Per Share | -2.05 | 0.33 | 1.91 | -5.57 | -5.54 | -7.55 |
| Gross Margin | 55.50% | 64.96% | 70.51% | 66.45% | 71.61% | 88.40% |
| Operating Margin | -903.52% | -900.09% | -163.96% | -225.56% | -133.13% | -114.44% |
| Profit Margin | -1,418.45% | -1,330.40% | -128.66% | -357.22% | -61.43% | -282.35% |
| Free Cash Flow Margin | -56.35% | 12.17% | 34.19% | -44.36% | -55.91% | -91.53% |
| EBITDA | -277.27M | -267.68M | -88.74M | -101.28M | -46.67M | -32.06M |
| EBITDA Margin | -156.81% | -216.69% | -122.71% | -102.37% | ||
| D&A For EBITDA | 8.32M | 4.62M | 4.05M | 4.15M | 3.96M | 3.78M |
| EBIT | -285.59M | -272.30M | -92.79M | -105.43M | -50.63M | -35.84M |
| EBIT Margin | -163.96% | -225.56% | -133.13% | -114.44% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 566.00K | 4.96M | 3.27M | 3.92M | 2.18M | 4.34M |
| Short-Term Investments | 15.00K | 6.03M | ||||
| Cash & Short-Term Investments | 581.00K | 10.98M | 3.27M | 3.92M | 2.18M | 4.34M |
| Receivables | 25.64M | 15.24M | 26.44M | 34.60M | 21.24M | 14.27M |
| Inventory | 4.17M | 4.79M | 2.44M | 4.21M | 1.38M | 2.56M |
| Prepaid Expenses | 5.84M | 7.34M | 3.40M | 4.05M | 4.81M | 1.83M |
| Other Current Assets | 6.00M | |||||
| Total Current Assets | 36.23M | 38.36M | 41.55M | 46.78M | 29.61M | 23.00M |
| Property, Plant & Equipment | 26.81M | 28.42M | 2.93M | 3.67M | 1.90M | 2.11M |
| Long-Term Investments | 61.74M | 128.04M | 2.42M | |||
| Goodwill | 13.48M | 13.48M | 13.48M | 13.48M | 13.48M | 13.48M |
| Other Intangible Assets | 57.61M | 59.09M | 32.45M | 36.48M | 40.59M | 38.80M |
| Other Long-Term Assets | 57.68M | 97.60M | 119.00K | 897.00K | 944.00K | 538.00K |
| Total Assets | 253.56M | 364.98M | 92.95M | 101.31M | 86.53M | 77.93M |
| Accounts Payable | 121.05M | 86.27M | 52.62M | 40.95M | 8.45M | 4.28M |
| Accrued Expenses | 299.15M | 301.44M | 166.86M | 99.75M | 35.38M | 21.35M |
| Short-Term Debt | 2.23M | 3.52M | 19.61M | |||
| Current Portion of Long-Term Debt | 83.92M | 87.03M | 38.99M | 108.43M | 37.95M | |
| Current Portion of Leases | 2.24M | 1.73M | 714.00K | 759.00K | 745.00K | 500.00K |
| Other Current Liabilities | 3.64M | 3.67M | 447.00K | 491.00K | 264.00K | 85.72M |
| Total Current Liabilities | 512.24M | 483.65M | 259.63M | 250.38M | 44.84M | 169.42M |
| Long-Term Debt | 5.08M | 27.12M | 3.53M | 17.04M | 95.54M | |
| Long-Term Leases | 12.51M | 13.15M | 1.52M | 2.24M | 665.00K | 1.15M |
| Other Long-Term Liabilities | 34.22M | 52.81M | 20.91M | 4.59M | 4.78M | 35.70M |
| Total Liabilities | 564.05M | 576.73M | 285.59M | 274.25M | 50.29M | 301.81M |
| Common Stock | 1.00K | 1.00K | 1.00K | 16.00K | 14.00K | 13.00K |
| Additional Paid-In Capital | 854.13M | 796.72M | 454.61M | 407.81M | 412.14M | 128.66M |
| Retained Earnings | -1.08B | -921.79M | -563.05M | -490.25M | -375.91M | -352.55M |
| Treasury Stock | -76.92M | -76.92M | -90.52M | -90.52M | ||
| Comprehensive Income & Other | -6.98M | -5.80M | 6.32M | |||
| Total Common Equity | -308.32M | -207.78M | -192.64M | -172.94M | 36.24M | -223.88M |
| Minority Interest | -2.17M | -3.97M | ||||
| Shareholders' Equity | -310.49M | -211.75M | -192.64M | -172.94M | 36.24M | -223.88M |
| Total Liabilities & Equity | 253.56M | 364.98M | 92.95M | 101.31M | 86.53M | 77.93M |
| Total Debt | 105.98M | 132.54M | 44.76M | 128.46M | 1.41M | 154.75M |
| Net Cash (Debt) | -105.40M | -121.56M | -41.49M | -124.54M | 774.00K | -150.41M |
| Net Cash Per Share | -12.13 | -11.02 | -4.09 | -33.45 | 0.20 | -39.62 |
| Filing Date Shares Outstanding | 7.03M | 7.03M | 5.24M | 3.03M | 4.19M | 5.64M |
| Total Common Shares Outstanding | 7.03M | 7.03M | 5.24M | 2.86M | 4.04M | 5.64M |
| Working Capital | -476.01M | -445.29M | -218.09M | -203.60M | -15.23M | -146.42M |
| Book Value Per Share | -43.83 | -29.54 | -36.80 | -60.52 | 8.97 | -39.72 |
| Tangible Book Value | -379.41M | -280.35M | -238.58M | -222.90M | -17.84M | -276.16M |
| Tangible Book Value Per Share | -53.93 | -39.86 | -45.57 | -78.00 | -4.42 | -49.00 |
| Land | 914.00K | 859.00K | ||||
| Machinery | 8.91M | 8.41M | 33.00K | 41.00K | 195.00K | 195.00K |
| Construction In Progress | 908.00K | 909.00K | 689.00K | 689.00K | 689.00K | 689.00K |
| Leasehold Improvements | 3.97M | 3.75M | 50.00K | 50.00K | 55.00K | 48.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -447.12M | -358.73M | -72.81M | -114.33M | -23.36M | -88.42M |
| Depreciation & Amortization | 8.32M | 4.62M | 4.05M | 4.15M | 3.96M | 3.78M |
| Other Amortization | 2.42M | 409.00K | 316.00K | 65.00K | 3.14M | 7.91M |
| Loss (Gain) From Sale of Assets | 30.23M | 30.20M | ||||
| Asset Writedown & Restructuring Costs | 73.87M | 78.78M | ||||
| Loss (Gain) From Sale of Investments | 26.72M | -21.71M | ||||
| Loss (Gain) on Equity Investments | -4.66M | -4.66M | ||||
| Stock-Based Compensation | 17.29M | 15.49M | 15.69M | 14.60M | 5.28M | 5.82M |
| Provision & Write-off of Bad Debts | 873.00K | 1.19M | ||||
| Other Operating Activities | 164.96M | 145.44M | 6.08M | 9.02M | -55.95M | 28.65M |
| Change in Accounts Receivable | 12.89M | 13.84M | -6.27M | -13.36M | -6.97M | -1.14M |
| Change in Inventory | 2.50M | 1.80M | 1.46M | -2.84M | 1.18M | -1.42M |
| Change in Accounts Payable | 25.86M | 13.12M | 7.42M | 19.88M | 2.81M | -3.84M |
| Change in Other Net Operating Assets | 68.77M | 85.21M | 62.23M | 62.12M | 48.65M | 20.00M |
| Operating Cash Flow | -17.09M | 3.82M | 19.35M | -20.71M | -21.26M | -28.66M |
| Capital Expenditures | -726.00K | -133.00K | -30.00K | -7.00K | ||
| Sale (Purchase) of Intangibles | -3.50M | -800.00K | -675.00K | -300.00K | -2.06M | |
| Investment in Securities | 33.94M | -15.84M | -2.00M | |||
| Other Investing Activities | -25.81M | 20.85M | ||||
| Investing Cash Flow | 3.92M | 4.08M | -2.67M | -330.00K | -2.07M | |
| Short-Term Debt Issued | 51.90M | 47.85M | ||||
| Long-Term Debt Issued | 21.53M | 120.44M | 110.35M | 72.36M | 62.53M | |
| Total Debt Issued | 21.53M | 21.53M | 120.44M | 110.35M | 124.26M | 110.38M |
| Long-Term Debt Repaid | -23.71M | -120.45M | -84.63M | -103.61M | -82.22M | |
| Net Debt Issued (Repaid) | -2.14M | -2.18M | -11.00K | 25.73M | 20.65M | 28.16M |
| Issuance of Common Stock | 46.12M | 30.62M | 56.75M | 36.59M | 96.00K | |
| Repurchase of Common Stock | -27.15M | -27.86M | -750.00K | -10.00M | ||
| Other Financing Activities | -5.95M | -6.04M | -74.12M | -28.74M | 426.00K | |
| Financing Cash Flow | 10.88M | -5.46M | -18.13M | 23.58M | 21.17M | 28.16M |
| Foreign Exchange Rate Adjustments | -1.25M | -756.00K | ||||
| Net Cash Flow | -3.53M | 1.68M | -1.46M | 2.54M | -2.15M | -501.00K |
| Free Cash Flow | -17.81M | 3.68M | 19.35M | -20.74M | -21.27M | -28.66M |
| Free Cash Flow Margin | -56.35% | 12.17% | 34.19% | -44.36% | -55.91% | -91.53% |
| Free Cash Flow Per Share | -2.05 | 0.33 | 1.91 | -5.57 | -5.54 | -7.55 |
| Levered Free Cash Flow | -8.84M | 24.58M | 43.48M | 33.57M | -103.36M | 48.88M |
| Unlevered Free Cash Flow | -106.55K | 31.34M | 44.39M | 34.18M | -100.50M | 48.32M |
| Cash Interest Paid | 935.00K | 935.00K | 1.56M | 1.43M | ||
| Change in Working Capital | 110.02M | 113.97M | 64.84M | 65.80M | 45.67M | 13.60M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 13.37M | 74.75M | 76.36M | 199.59M | 563.98M | 173.19M |
| Enterprise Value | 118.77M | 138.76M | 176.47M | 322.98M | 672.90M | |
| Last Close Price | 1.85 | 7.60 | 9.29 | 44.46 | 86.95 | 218.80 |
| Forward PE | 16.43 | |||||
| PS Ratio | 0.41 | 2.47 | 1.35 | 4.27 | 14.83 | 5.53 |
| PB Ratio | -0.35 | -0.40 | -1.15 | 15.56 | -0.77 | |
| P/FCF Ratio | 20.30 | 3.95 | ||||
| P/OCF Ratio | 19.59 | 3.95 | ||||
| EV/Sales Ratio | 3.75 | 4.59 | 3.12 | 6.91 | 17.69 | |
| EV/FCF Ratio | 37.67 | 9.12 | ||||
| Debt / Equity Ratio | -0.34 | -0.63 | -0.23 | -0.74 | 0.04 | -0.69 |
| Debt / FCF Ratio | 35.99 | 2.31 | ||||
| Net Debt / Equity Ratio | -0.34 | -0.57 | -0.21 | -0.72 | -0.02 | -0.67 |
| Net Debt / EBITDA Ratio | -0.38 | -0.45 | -0.47 | -1.23 | 0.02 | -4.69 |
| Net Debt / FCF Ratio | -5.92 | 33.01 | 2.14 | -6.01 | 0.04 | -5.25 |
| Asset Turnover | 0.19 | 0.13 | 0.58 | 0.50 | 0.46 | 0.39 |
| Inventory Turnover | 4.21 | 2.93 | 5.02 | 5.61 | 5.48 | 1.96 |
| Quick Ratio | 0.05 | 0.05 | 0.11 | 0.15 | 0.52 | 0.11 |
| Current Ratio | 0.07 | 0.08 | 0.16 | 0.19 | 0.66 | 0.14 |
| Return on Assets (ROA) | -105.83% | -74.33% | -59.70% | -70.16% | -38.48% | -28.10% |
| Return on Capital Employed (ROCE) | 110.40% | 229.50% | 55.70% | 70.70% | -121.50% | 39.20% |
| Earnings Yield | -2,715.79% | -479.90% | -95.35% | -57.28% | -4.14% | -51.06% |
| FCF Yield | -136.86% | 4.93% | 25.34% | -10.39% | -3.77% | -16.55% |
| Buyback Yield / Dilution | 37.27% | -8.76% | -172.51% | 2.93% | -1.03% | 0.03% |