Nasdaq panel rejects Aditxt appeal, orders ADTX delisting over bid-price and stockholders’ equity deficiencies
Aditxt, Inc. is a biotechnology firm dedicated to advancing immune system health through innovative mapping and reprogramming techniques. The company's developments include AditxtScore, a platform designed to empower individuals by providing insights into their immune profiles for better management and informed awareness of immune system attacks or dysfunctions. Aditxt also pioneers Apoptotic DNA Immunotherapy, a nucleic acid-based solution that emulates the body's inherent mechanisms for developing self-tolerance to its own tissues. Additionally, Aditxt is actively researching and developing ADi products with diverse therapeutic applications, such as for organ transplant procedures (including skin grafting), various autoimmune conditions, and allergic reactions. The company holds licensing agreements with esteemed institutions like Loma Linda University and Leland Stanford Junior University. Established in 2017, this Richmond, Virginia-headquartered company was initially known as ADiTx Therapeutics, Inc. before rebranding to Aditxt, Inc. in July 2021.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $133.99K | $645.18K | $933.72K | $105.03K | N/A | N/A | N/A | N/A |
| Cost of Revenue | $626.99K | $756.84K | $766.78K | $77.98K | $17.77K | N/A | N/A | N/A |
| Gross Profit | $-493.00K | $-111.66K | $166.94K | $27.05K | $-17.77K | N/A | N/A | N/A |
| Gross Margin | -367.95% | -17.31% | 17.88% | 25.76% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Expenses | $27.37M | $25.95M | $25.65M | $41.96M | $8.85M | $5.87M | $5.61M | $213.00K |
| Operating Income | $-27.86M | $-26.06M | $-25.48M | $-41.94M | $-8.87M | $-5.87M | $-5.61M | $-213.00K |
| Operating Margin | -20796.36% | -4039.58% | -2728.88% | -39925.17% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Income | $-34.45M | $-32.38M | $-27.65M | $-46.37M | $-9.15M | $-5.83M | $-5.69M | $-213.00K |
| Net Margin | -25708.85% | -5018.92% | -2961.29% | -44148.56% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS (Basic) | $-346053.00 | $-249623.74 | $-14.89 | $-2.43 | $-1.33 | $-2546296800.00 | $-2485774000.00 | $-93066800.00 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |