ALLR - Allarity Therapeuti... Stock Analysis | Stock Taper
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Allarity Therapeutics, Inc.

ALLR

Allarity Therapeutics, Inc. NASDAQ
$0.99 1.81% (+0.02)

Market Cap $15.60 M
52w High $2.35
52w Low $0.61
P/E 0.11
Volume 57.17K
Outstanding Shares 16.08M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $2.52M $-2.81M 0% $-0.19 $-2.75M
Q2-2025 $0 $4.13M $-2.32M 0% $-0.15 $-2.3M
Q1-2025 $0 $3.04M $-2.73M 0% $-0.25 $-2.66M
Q4-2024 $0 $7.32M $-7.45M 0% $-1.02 $-7.38M
Q3-2024 $0 $12.31M $-11.59M 0% $-7.71 $-11.91M

What's going well?

Operating expenses dropped by over a third, showing management is tightening spending. R&D costs were cut in half, which may help preserve cash.

What's concerning?

The company still has zero revenue and is losing money every quarter. Losses actually increased this quarter, and there are no signs of sales starting soon.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $16.89M $20.8M $8.79M $12.01M
Q2-2025 $17.8M $21.2M $9.04M $12.17M
Q1-2025 $25.2M $29.73M $11.06M $18.67M
Q4-2024 $19.53M $22.65M $10.84M $11.81M
Q3-2024 $18.46M $20.38M $7.41M $12.96M

What's financially strong about this company?

The company has far more cash than debt, no long-term obligations, and almost all assets are high-quality and liquid. There are no signs of risky accounting or hidden liabilities.

What are the financial risks or weaknesses?

Retained earnings are deeply negative, showing a long history of losses. Cash is slowly declining, and book value dipped slightly this quarter.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.81M $-3.41M $0 $2.31M $-906K $-3.41M
Q2-2025 $-2.32M $-5.48M $0 $-2.56M $-9.9M $-5.48M
Q1-2025 $-2.73M $-2.69M $0 $11.14M $8.17M $-2.69M
Q4-2024 $-7.45M $-3.21M $-298K $4.24M $1.07M $-3.5M
Q3-2024 $-11.59M $-5.44M $0 $4.87M $-770K $-5.44M

What's strong about this company's cash flow?

Cash burn is shrinking, and the company still has $16.9 million in cash on hand. Free cash flow improved compared to last quarter, so losses are moving in the right direction.

What are the cash flow concerns?

The business is not generating cash from operations and relies on selling new shares to survive. Working capital is draining cash, and the company will need more funding within a year if losses continue.

5-Year Trend Analysis

A comprehensive look at Allarity Therapeutics, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Key positives include a clearly differentiated technology platform in DRP®, a lead asset (stenoparib) with a distinctive mechanism and supportive early‑stage data, and a recently strengthened balance sheet with low debt and improved liquidity. The business is capital‑light in terms of physical assets and has demonstrated an ability to raise funding and maintain an active pipeline through both in‑house and partnered programs. Scientifically, the focus on precision oncology and patient selection aligns with important long‑term trends in cancer therapy.

! Risks

Major risks stem from the lack of any commercial revenue, persistent and growing losses, and heavy reliance on external financing to sustain operations. Clinical and regulatory outcomes remain binary and uncertain, especially in a crowded oncology space with entrenched competitors. Prior regulatory and disclosure setbacks highlight execution and governance risk. Shareholders also face ongoing dilution risk if additional equity is needed to fund the pipeline before any meaningful cash inflows materialize.

Outlook

The company’s future will be driven far more by scientific and regulatory milestones than by near‑term financial metrics. If stenoparib and DRP®‑enabled programs continue to generate strong data and secure regulatory progress and partnerships, the current financial strain could eventually be offset by new revenue streams. If not, the combination of cash burn and funding risk becomes increasingly important. Overall, the outlook is highly uncertain and typical of a small, clinical‑stage biotech: outcomes could be attractive if key programs succeed, but the path is narrow and financially demanding.