Decoy Therapeutics Inc. DCOY

Healthcare SIC 2834 - Pharmaceutical Preparations NAICS Manufacturing › Chemical Manufacturing › Pharmaceutical and Medicine Manufacturing › Pharmaceutical Preparation Manufacturing derived Nasdaq

We are a pre-clinical stage biotechnology company focused on advancing our pipeline of peptide conjugate therapeutics engineered through our proprietary IMP3ACT™ platform. Our IMP3ACT™ platform represents a paradigm shift in peptide conjugate drug discovery and manufacturing, leveraging machine learning ("ML") and artificial intelligence ("AI") tools alongside high-speed synthesis techniques to rapidly engineer, optimize and manufacture peptide conjugates that target serious unmet medical needs. Peptide conjugates are emerging as a major therapeutic drug modality, with the potential to transform multiple therapeutic areas. Utilizing our novel IMP3ACT platform that increases the drug development speed and reduce the complexity of variant synthesis, we aim to build a robust portfolio of novel peptide conjugate therapeutics, initially focusing on infectious diseases and oncology, with the goal of becoming a fully integrated biopharmaceutical company at the forefront of this field. Through this approach, we intend to revolutionize the design, development, and commercialization of peptide conjugate therapeutics. We have no products approved for commercial sales and have not generated any revenue from product sales.

Last close 0.97 2026-10-23
Market cap $635.5K 2026-06-30 share count
52-week range 0.96 - 16.92

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-129.10

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue ———$0$1.8M$5.2M$3.5M$2.0M$1.3M$1.0M
Cost of revenue ———————$430.8K$506.5K$662.7K
Gross profit ———————$1.5M$768.0K$347.9K
R&D $368.2K$770.0K$7.2M$15.8M$8.5M$6.9M$4.0M$1.3M$17.0M$20.4M
SG&A $3.7M$5.0M$5.7M$7.1M$6.1M$6.1M$7.7M$2.3M$18.5M$19.9M
Total operating expenses $12.6M$5.7M$12.9M$31.8M$14.7M$13.0M$11.7M$3.6M$36.0M$40.9M
Operating income -$12.6M-$5.7M-$12.9M-$31.8M-$12.8M-$7.8M-$8.3M-$1.7M-$34.7M-$39.9M
Pre-tax income $12.5M—————-$6.9M———
Income tax $0—————$0———
Net income $12.5M$5.6M$12.5M-$31.6M-$12.8M-$7.4M-$6.9M-$1.7M-$34.4M-$39.5M
EPS, basic -129.10-69.54-30.74-14.88-7.72-0.50————
EPS, diluted -129.10-69.54-30.74-14.88-7.72-0.50-2.12-1.16-1.99-2.43
Shares, diluted (wtd. avg.) 96,96780,184408,0782.1M1.7M15.6M————

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $10.7M$2.4M$5.9M$12.1M$29.2M$11.1M$3.7M$6.1M$519.3K$22.5M
Short-term investments ———————$0$14.1M$38.7M
Receivables ————$1.6M$3.9M$0$9.9K$10.4K$12.2K
Inventory ———————$186.9K$431.9K$454.1K
Total current assets $11.0M$3.0M$6.5M$14.5M$30.2M$15.8M$4.7M$6.4M$34.5M$62.5M
Property, plant and equipment $40.6K$0——$7.9K$22.6K$25.0K$37.5K$331.0K$556.3K
Goodwill ———$0$8.9M$8.9M$8.9M$0——
Total assets $11.1M$3.0M$6.6M$14.7M$40.8M$24.9M$13.9M$6.6M$35.0M$63.2M
Accounts payable $940.6K$937.0K$602.9K$2.9M$1.5M$1.9M$1.8M$379.8K$2.0M$1.2M
Total current liabilities $5.2M$1.5M—————$1.1M$5.8M$3.9M
Total liabilities $5.2M$1.5M$1.3M$4.3M$2.1M$2.8M$3.3M$7.9M$5.9M$3.9M
Retained earnings -$94.4M-$81.9M-$76.3M-$63.8M-$32.2M-$19.4M-$12.1M-$5.1M-$111.1M-$76.6M
Total equity $5.9M$1.5M$5.3M$10.4M$38.7M$22.2M$10.6M-$1.3M-$2.9M$59.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$4.8M-$4.5M-$12.8M-$17.6M-$10.2M-$10.3M-$11.6M$4.2M-$27.7M-$32.1M
Depreciation and amortisation $7.2K$4.4K$10.1K$6.7K$19.2K$18.1K$127.4K$16.9K$324.5K$277.2K
Stock-based compensation $219.1K$273.7K$524.8K$796.8K$559.0K$319.4K$751.6K$31.0K$4.2M$6.6M
Capital expenditure $577.0K$0——$0$2.6K$0$0$113.5K$559.4K
Investing cash flow $764.7K$0$0-$1.5M$0-$2.6K$5.6M$0$24.5M-$12.2M
Financing cash flow $12.3M$1.1M$6.6M$2.0M$28.3M$17.7M$3.6M$1.4M$2.6K$22.1K
Dividends paid —————$0$133.6K$0——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-256541.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -40M -20M 0 20M Revenue, FY2016: 1M Gross profit, FY2016: 347.9K Net income, FY2016: -39.5M Revenue, FY2017: 1.3M Gross profit, FY2017: 768K Net income, FY2017: -34.4M Revenue, FY2018: 2M Gross profit, FY2018: 1.5M Net income, FY2018: -1.7M Revenue, FY2019: 3.5M Net income, FY2019: -6.9M Revenue, FY2020: 5.2M Net income, FY2020: -7.4M Revenue, FY2021: 1.8M Net income, FY2021: -12.8M Revenue, FY2022: 0 Net income, FY2022: -31.6M Net income, FY2023: 12.5M Net income, FY2024: 5.6M Net income, FY2025: 12.5M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.0M $1.3M $2.0M $3.5M $5.2M $1.8M $0 — — —
Gross profit $347.9K $768.0K $1.5M — — — — — — —
Net income -$39.5M -$34.4M -$1.7M -$6.9M -$7.4M -$12.8M -$31.6M $12.5M $5.6M $12.5M

Recent filings and events

  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Director nominations Dates and mechanics for shareholders proposing directors. Item 5.08
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Other event Item 8.01
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 2834

TickerCompanyMarket capP/ERevenue growth
LLY ELI LILLY & Co $1.20T 55.5x 44.7%
JNJ JOHNSON & JOHNSON $635.76B 23.9x 6.0%
ABBV AbbVie Inc. $504.76B 121.0x 8.6%
MRK Merck & Co., Inc. $358.41B 20.0x 1.3%
ABT ABBOTT LABORATORIES $180.63B 27.9x 5.7%
PFE PFIZER INC $171.16B 22.1x -1.6%
VRTX VERTEX PHARMACEUTICALS INC / MA $132.80B 34.2x 8.9%
BMY BRISTOL MYERS SQUIBB CO $125.59B 17.8x -0.2%