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Sorrento Therapeutics, Inc. (SRNE)

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0.0040 +0.0010 (+33.33%)
At close: October 30 at 4:00 PM EDT
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DELL
  • Previous Close 0.0030
  • Open 0.0017
  • Bid --
  • Ask --
  • Day's Range 0.0017 - 0.0030
  • 52 Week Range 0.0001 - 0.2495
  • Volume 472,446
  • Avg. Volume 179,928
  • Market Cap (intraday) 2.205M
  • Beta (5Y Monthly) 1.78
  • PE Ratio (TTM) --
  • EPS (TTM) -1.1000
  • Earnings Date Oct 30, 2024 - Nov 3, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est --

Sorrento Therapeutics, Inc., a clinical and commercial stage biopharmaceutical company, develops a portfolio of next-generation treatments for three therapeutic areas: cancer, infectious disease,and pain. It operates through two segments, Sorrento Therapeutics and Scilex. The company provides cancer therapeutic by leveraging its proprietary G-MAB antibody library and targeted delivery modalities, which include chimeric antigen receptor T-cell therapy (CAR-T), dimeric antigen receptor T-cell therapy, and antibody drug conjugate, as well as bispecific antibody approach; and Sofusa, a drug delivery technology that deliver biologic directly into the lymphatic system. Its clinical programs in development include anti-CD38 CAR-T therapy for the treatment of multiple myeloma, as well as for amyloidosis and graft versus host disease. The company develops resiniferatoxin, a non-opioid-based TRPV1 agonist neurotoxin for late stage cancer and osteoarthritis pain treatment; and ZTlido, a lidocaine topical system for the treatment of post-herpetic neuralgia. It engages in the development of SEMDEXA, an injectable viscous gel formulation, which is Phase III trial for the treatment of sciatica, a pathology of low back pain; SP-103, an investigational non-aqueous lidocaine topical system undergoing clinical development in chronic low back pain condition; and SP-104, a novel low-dose delayed-release naltrexone hydrochloride formulation for the treatment of fibromyalgia. It has collaboration with SmartPharm Therapeutics Inc. to develop gene-encoded antibody vaccine to protect against COVID-19; and Mayo Clinic for Phase Ib pilot study using sofusa lymphatic drug delivery technology to deliver Ipilimumab in patient with melanoma. The company was founded in 2006 and is based in San Diego, California. On February 13, 2023, Sorrento Therapeutics, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. The plan was later approved as Chapter 11 liquidation on November 30, 2023.

www.sorrentotherapeutics.com

949

Full Time Employees

December 31

Fiscal Year Ends

Recent News: SRNE

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Performance Overview: SRNE

Trailing total returns as of 10/30/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

SRNE
96.76%
S&P 500
21.88%

1-Year Return

SRNE
95.24%
S&P 500
41.20%

3-Year Return

SRNE
99.94%
S&P 500
26.24%

5-Year Return

SRNE
99.74%
S&P 500
91.43%

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Statistics: SRNE

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Valuation Measures

Annual
As of 10/30/2024
  • Market Cap

    2.21M

  • Enterprise Value

    129.17M

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.03

  • Price/Book (mrq)

    --

  • Enterprise Value/Revenue

    2.01

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -40.81%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    64.27M

  • Net Income Avi to Common (ttm)

    -548M

  • Diluted EPS (ttm)

    -1.1000

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    80.64M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    -57.53M

Research Analysis: SRNE

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 15.03M
Earnings -95.21M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Company Insights: SRNE

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