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BFRI — Biofrontera Inc.

BFRI (Biofrontera Inc.) stock: $0.83, $12.3M market cap, $4.7M cash, $7.6M EV, $48.5M fully diluted market cap. Lead program: Photodynamic therapy (PDT) (ALA-PDT, Ameluz®-PDT) (Superficial Basal Cell Carcinoma), Phase 3. Data from Fully Diluted's biotech stocks database.

What they do

We are a United States based biopharmaceutical company engaging in the development, manufacturing, and commercialization of pharmaceutical products for the treatment of dermatological conditions with a focus on photodynamic therapy (“PDT”). The Company’s products, which include Ameluz as well as the BF-RhodoLED and RhodoLED XL lamp series (together, the “RhodoLED Lamps”), are used for the treatment of actinic keratosis (“AK”), a common skin condition characterized by the growth of pre-cancerous lesions (or “AKs”).

Source: 10-K FY2025 via SEC EDGAR

Share price
$0.83
Market cap
$12.3M
Cash
$4.7M
Enterprise value
$7.6M

Balance sheet

Cash$4.7M
Debt$0.0M
Net cash$4.7M
Enterprise value$7.6M
Basic shares14.9M shares
Fully diluted shares58.4M shares
Fully diluted market cap$48.5M
Cash per share$0.31
Quarterly burn$1.7M
Cash runway2.8 quarters

Cash figures as of 2026-06-30. Database snapshot: 2026-11-07.

Share structure

Common
14.9M
Pre-funded warrants
0.0M
Options
2.7M
RSUs
0.4M
Warrants
2.3M
Converts
6.0M
Conv preferred
32.2M
ESPP reserve
—
FDSO
58.4M

Cap table as of 2026-06-30.

Price history

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