ALLR
ALLR
Allarity Therapeutics, Inc.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.
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.
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.
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.
About Allarity Therapeutics, Inc.
https://www.allarity.comAllarity Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in developing oncology therapeutics using drug-specific companion diagnostics generated by its drug response predictor technology.
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.
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.
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.
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.

CEO
Thomas H. Jensen
Compensation Summary
(Year 2024)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2024-09-11 | Reverse | 1:30 |
| 2024-04-09 | Reverse | 1:20 |
ETFs Holding This Stock
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Ratings Snapshot
Rating : C
Most Recent Analyst Grades
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