MapLight Therapeutics, Inc. MPLT

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a clinical-stage biopharmaceutical company focused on improving the lives of patients suffering from debilitating central nervous system, or CNS, disorders. We were founded by globally recognized leaders in psychiatry and neuroscience research to address the lack of circuit-specific pharmacotherapies available for patients. Our discovery platform holds the potential to fill this void by identifying neural circuits causally linked to disease and targeting those circuits for therapeutic modulation. We believe our deep understanding of these causal links between the modulation of defined neural circuits and the resulting changes in disease-specific behaviors will enable us to develop therapeutics that can deliver efficacy, safety, tolerability and ease-of-use advantages to patients and prescribers.

Last close 13.77 2026-09-04
Market cap $584.3M 2025-12-31 share count
52-week range 9.10 - 40.43

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-18.56

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023
R&D $138.3M$68.5M
SG&A $30.7M$14.4M
Total operating expenses $169.1M$82.9M
Operating income -$169.1M-$82.9M
Net income -$161.2M-$77.6M
EPS, basic -18.56-105.38
EPS, diluted -18.56-105.38
Shares, diluted (wtd. avg.) $8.7M$736.2K

Balance sheet

Fiscal year FY2025FY2024FY2023
Cash and equivalents $46.7M$38.3M
Short-term investments $258.4M$70.5M
Total current assets $324.7M$114.6M
Property, plant and equipment $1.1M$1.2M
Total assets $479.5M$136.9M
Accounts payable $3.3M$1.9M
Total current liabilities $16.2M$15.9M
Total liabilities $21.1M$21.7M
Retained earnings -$360.5M-$199.4M
Total equity $458.4M-$193.6M-$117.6M

Cash flow

Fiscal year FY2025FY2024FY2023
Operating cash flow -$138.1M-$78.8M
Depreciation and amortisation $578.0K$701.0K
Stock-based compensation $36.0M$1.1M
Capital expenditure $473.0K$770.0K
Investing cash flow -$323.2M-$80.8M
Financing cash flow $469.8M$118.1M

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 0001193125-26-125072.

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