vTv Therapeutics Inc. VTVT

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a late-stage biopharmaceutical company focused on developing orally administered therapies for metabolic and inflammatory diseases with the goal of improving patient outcomes. Our lead product candidate, cadisegliatin (TTP399), is a novel, small-molecule, liver-selective glucokinase activator (GKA) currently being evaluated in a Phase 3 clinical trial as a potential oral adjunctive therapy to insulin for the treatment of type 1 diabetes (T1D). The Cadisegliatin as Adjunctive Therapy to Insulin in Participants with Type 1 Diabetes ("CATT1") Phase 3 clinical trial is a randomized, double-blind, placebo-controlled trial designed to evaluate the effect of cadisegliatin on hypoglycemia outcomes in patients with T1D. The primary endpoint is the reduction in the frequency of Level 2 hypoglycemia (blood glucose <54 mg/dL) and Level 3 (severe) hypoglycemia over a six-month treatment period. A key secondary endpoint is change in hemoglobin A1c (HbA1c), a standard measure of glycemic control, to assess cadisegliatin's potential to reduce hyperglycemia. The CATT1 trial will randomize 150 patients with T1D on a 1:1:1 basis (50 patients per study arm) to receive 800 mg cadisegliatin daily, 800 mg cadisegliatin twice daily, or placebo.

Last close 33.35 2026-09-04
Market cap
52-week range 18.76 - 44.00

Valuation FY2025 figures against the last close

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

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $0$1.0M$0$2.0M$4.0M$6.4M$2.8M$12.4M$291.0K$634.0K
R&D $17.9M$11.5M$13.6M$12.4M$13.3M$11.0M$15.1M$23.0M$39.6M$45.0M
SG&A $14.9M$13.7M$11.9M$12.2M$12.3M$7.3M$8.5M$9.2M$11.3M$9.9M
Total operating expenses $32.8M$25.2M$25.5M$24.6M$25.7M$18.3M$23.7M$32.3M$51.0M$55.7M
Operating income -$32.8M-$24.2M-$25.5M-$22.5M-$21.7M-$11.9M-$20.9M-$19.8M-$50.7M-$55.0M
Interest expense $0$13.0K$15.0K$12.0K$692.0K$1.8M$3.3M$3.1M$398.0K
Pre-tax income -$31.1M-$22.6M-$26.0M-$24.9M-$17.6M-$12.8M-$21.8M-$23.6M-$53.8M-$55.4M
Income tax $0$100.0K$0$200.0K$115.0K$0$100.0K$200.0K$800.0K$0
Net income -$27.0M-$18.5M-$20.2M-$19.2M-$13.0M-$8.5M-$13.0M-$7.9M-$16.1M-$16.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $88.9M$36.7M$9.4M$12.1M$13.4M$5.7M$4.3M$4.2M$14.4M$51.5M
Receivables $62.0K$102.0K$173.0K$57.0K$158.0K$5.0K$0$8.0M$0
Total current assets $89.9M$38.1M$10.7M$27.1M$15.6M$7.2M$2.8M$3.5M$20.4M$52.1M
Property, plant and equipment $28.0K$117.0K$207.0K$278.0K$367.0K$461.0K$70.0K$283.0K$444.0K
Total assets $89.9M$38.3M$11.0M$33.2M$25.5M$14.8M$9.3M$8.6M$27.9M$54.5M
Accounts payable $1.1M$939.0K$4.1M$2.5M$1.9M$1.9M$2.2M$2.9M$2.3M$3.1M
Short-term debt $256.0K$84.0K$144.0K$216.0K
Total current liabilities $6.6M$5.2M$10.6M$7.7M$8.5M$6.4M$13.4M$18.8M$26.9M$11.4M
Long-term debt $5.0M$15.1M$11.1M
Total liabilities $25.5M$24.0M$29.6M$27.4M$10.3M$11.0M$18.1M$28.9M$47.5M$22.9M
Retained earnings -$326.7M-$299.7M-$281.0M-$265.5M-$248.8M-$290.0M-$233.5M-$233.9M-$279.1M-$215.5M
Total equity $64.4M$12.2M-$24.7M-$10.7M-$9.7M-$80.1M-$49.0M-$82.9M-$151.0M-$90.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$25.3M-$25.3M-$19.1M-$16.0M-$19.3M-$18.0M-$23.0M-$26.9M-$44.6M-$48.2M
Depreciation and amortisation $16.0K$89.0K$90.0K$92.0K$89.0K$94.0K$39.0K$218.0K$197.0K$265.0K
Stock-based compensation $3.8M$2.8M$1.6M$1.3M$2.4M$1.0M$1.5M$2.7M$3.6M$2.6M
Capital expenditure $0$0$21.0K$0$0$70.0K$5.0K$57.0K$87.0K
Investing cash flow $0$0$4.4M-$21.0K$0$0$242.0K$7.0K-$25.0K-$83.0K
Financing cash flow $77.4M$52.6M$12.0M$14.8M$27.0M$19.5M$22.9M$16.6M$7.5M$11.8M

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 0001641489-26-000015.

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