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Scinai Immunotherapeutics (SCNI)
NASDAQ:SCNI
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Scinai Immunotherapeutics
(NASDAQ:SCNI)
52Neutral
Scinai Immunotherapeutics (SCNI) vs. S&P 500 (SPY)
Market Cap
$2.39M
Dividend YieldN/A
Average Volume (3M)8.71K
Price to Earnings (P/E)9.2
Beta (1Y)1.10
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees31
SectorHealthcare
Sector Strength71
IndustryBiotechnology
Share Statistics
EPS (TTM)0.30
Shares Outstanding933,679
10 Day Avg. Volume17,342
30 Day Avg. Volume8,710
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Scinai Immunotherapeutics Business Overview & Revenue Model
Company DescriptionScinai Immunotherapeutics (SCNI) is a biopharmaceutical company focused on the development and commercialization of novel immunotherapeutic products. Operating within the biotechnology and healthcare sectors, SCNI specializes in creating innovative treatments aimed at harnessing the body's immune system to combat various diseases. The company is dedicated to advancing its pipeline of proprietary immunotherapy candidates, addressing critical unmet medical needs across a range of indications.
How the Company Makes MoneyScinai Immunotherapeutics generates revenue primarily through the development and commercialization of its immunotherapeutic products. The company earns money by progressing its drug candidates through clinical trials, obtaining regulatory approvals, and subsequently launching these products in the market. Revenue streams include product sales, licensing agreements, and strategic partnerships with other pharmaceutical or biotechnology companies. These partnerships often involve milestone payments and royalties related to the development and commercialization of SCNI's proprietary technologies. Additionally, the company may receive funding through grants and collaborations aimed at advancing its research and development efforts.
Scinai Immunotherapeutics Financial Statement Overview
Summary
Scinai Immunotherapeutics shows some signs of financial recovery with positive net income in the TTM period. However, it faces significant challenges, including negative cash flows, high debt levels, and negative margins, which could impact its sustainability and growth prospects. Continued focus on revenue generation and cost management will be crucial for future stability.Income Statement
The company has shown some improvement in net income, transitioning from negative to positive figures in the TTM period. However, the gross profit margin is negative, indicating that the cost of goods sold is higher than the revenue. Additionally, the EBIT and EBITDA margins are inconsistent, with a significantly negative EBITDA margin in TTM, pointing to high operational costs. The revenue growth rate is not applicable due to zero revenue in previous periods.40
Negative
Balance Sheet
The balance sheet shows a relatively strong equity position in the TTM period with positive stockholders' equity compared to previous negative figures. However, the debt-to-equity ratio is high due to significant total debt, indicating potential financial risk. The equity ratio has improved but remains at risk given the industry context.35
Negative
Cash Flow
The cash flow statement indicates a challenging situation with negative operating cash flow and free cash flow in the TTM period, though there is an improvement compared to previous periods. Free cash flow to net income ratio shows a concerning trend as free cash flow remains negative. The company is not generating sufficient cash to cover its operational activities.45
Neutral
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 452.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -413.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| 7.37M | -9.71M | -11.06M | -10.87M | 2.28M | -22.69M | EBITDA |
| -6.96M | -9.19M | -10.50M | -10.39M | 2.75M | -22.21M | Net Income Common Stockholders |
| 3.64M | -6.50M | -5.80M | -8.21M | -1.39M | -31.62M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 4.83M | 4.87M | 14.07M | 17.37M | 2.93M | 20.98M | Total Assets |
| 17.05M | 17.47M | 27.07M | 32.04M | 17.71M | 33.52M | Total Debt |
| 20.63M | 20.56M | 21.54M | 28.98M | 20.90M | 38.02M | Net Debt |
| 15.80M | 15.69M | 7.47M | 11.61M | 17.97M | 17.03M | Total Liabilities |
| 22.17M | 22.04M | 28.83M | 31.05M | 22.25M | 52.36M | Stockholders Equity |
| -5.12M | -4.57M | -1.76M | 982.00K | -4.54M | -18.84M |
| Cash Flow | Free Cash Flow | ||||
| -6.73M | -10.02M | -8.10M | -7.57M | -24.48M | -24.47M | Operating Cash Flow |
| -6.48M | -9.38M | -7.26M | -7.43M | -22.57M | -22.31M | Investing Cash Flow |
| -246.00K | -637.00K | -836.00K | -139.00K | -1.85M | -2.08M | Financing Cash Flow |
| 1.44M | 1.09M | 6.78M | 21.43M | 4.27M | 24.68M |
Scinai Immunotherapeutics Technical Analysis
Negative
2.80
Price Trends
3.42
Negative
3.39
Negative
3.56
Negative
Market Momentum
-0.09
Positive
28.52
Positive
40.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SCNI, the sentiment is Negative. The current price of 2.8 is below the 20-day moving average (MA) of 3.32, below the 50-day MA of 3.42, and below the 200-day MA of 3.56, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 28.52 is Positive, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SCNI.
Scinai Immunotherapeutics Risk Analysis
Scinai Immunotherapeutics disclosed 78 risk factors in its most recent earnings report. Scinai Immunotherapeutics reported the most risks in the “Tech & Innovation” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Scinai Immunotherapeutics Peers Comparison
Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $2.39M | 9.17 | 99.42% | ― | ― | ― | |
49 Neutral | $6.85B | 0.81 | -52.91% | 2.50% | 19.94% | 1.20% | |
46 Neutral | $79.49M | ― | -49.85% | ― | 155.26% | -640.36% | |
46 Neutral | $52.72M | ― | -273.36% | ― | 194.23% | 45.50% | |
45 Neutral | $552.62M | 57.44 | 3.73% | ― | 188.64% | ― | |
42 Neutral | $97.33M | ― | -54.21% | ― | -78.55% | -0.92% | |
40 Underperform | $35.01M | ― | 41.08% | ― | -0.55% | 49.85% |
* Healthcare Sector Average
Performance Comparison
SCNI
Scinai Immunotherapeutics
2.80
-2.36
-45.74%
MGNX
MacroGenics
1.26
-12.76
-91.01%
FATE
Fate Therapeutics
0.85
-6.23
-87.99%
KPTI
Karyopharm Therapeutics
4.16
-19.54
-82.45%
ADAP
Adaptimmune Therapeutics
0.21
-1.26
-85.71%
IMTX
Immatics
4.63
-6.42
-58.10%
Scinai Immunotherapeutics Earnings Call Summary
Earnings Call Date: Nov 22, 2024 | % Change Since: -7.28% | Next Earnings Date: May 29, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mix of positive and negative aspects. While there were notable achievements such as the reduction in net loss, positive regulatory feedback, and growth in the CDMO business, there were also challenges like a significant decrease in cash position and negative shareholder equity. The sentiment is balanced with both opportunities and financial restructuring challenges.Highlights
Reduction in Operating Expenses
R&D expenses decreased to $2.79 million compared to $3.45 million the previous year, and marketing and G&A expenses were reduced to $1 million from $2.3 million the previous year.
Net Loss Reduction
Net loss for the first 6 months of 2024 was reduced to $4.48 million compared to $7.28 million in the first 6 months of 2023.
Positive Regulatory Feedback
Received positive regulatory feedback from the Paul Erlich Institute for their drug development program towards Phase I/IIa clinical trial of their anti-IL-17 AF nanoAb in plaque psoriasis.
CDMO Business Growth
CDMO unit generated work orders valued at $600,000 from 5 clients since January 2024 with a 2024 guidance of $1.25 million.
Private Equity Commitment
Received a $2 million equity commitment from Daniel Stone through RK Stone Miami LLC, with the commitment valid until December 31, 2024.
Lowlights
Cash Position Decrease
Cash available as of June 30, 2024, was $3.21 million, down from $7.63 million at the end of June 30, 2023.
Negative Shareholder Equity
Shareholder equity was negative $7.28 million compared to negative $4.57 million as of June 30, 2023.
EIB Loan Restructuring Required
The EIB loan restructuring deal was necessary to convert a large debt into equity, highlighting financial restructuring needs.
Company Guidance
In the Q2 2024 earnings call for Scinai Immunotherapeutics, CEO Amir Reichman provided detailed guidance on the company's strategic objectives and financial outlook. Scinai aims to fast-track IL-17 development to toxicology studies and increase CDMO business unit sales to $1.25 million. The company plans to reduce R&D risks by partnering with other pharma companies while maintaining careful spending to control its burn rate. Financially, Scinai reported a net loss of $4.48 million for the first half of 2024, a decrease from $7.28 million in the same period in 2023, attributed to reduced operating expenses. In addition, Scinai is working on a debt-to-equity restructuring deal expected to positively impact shareholder equity by approximately $19 million. The company also announced a $2 million equity commitment from Daniel Stone, which will provide additional financial flexibility. Overall, the guidance highlights Scinai's focus on advancing its R&D pipeline and CDMO business while ensuring financial stability and growth.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.