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LTRN — Lantern Pharma Inc.

LTRN (Lantern Pharma Inc.) stock: $0.57, $8.5M market cap, $6.7M cash, $1.8M EV, $9.8M fully diluted market cap. Lead program: LP-184 (Advanced Solid Tumor), Phase 2. Data from Fully Diluted's biotech stocks database.

What they do

We are an artificial intelligence (A.I.) focused company dedicated to developing cancer therapies and transforming the cost, pace, and timeline of oncology drug discovery and development.

Source: 10-K FY2025 via SEC EDGAR

Share price
$0.57
Market cap
$8.5M
Cash
$6.7M
Enterprise value
$1.8M

Balance sheet

Cash$6.7M
Debt$0.0M
Net cash$6.7M
Enterprise value$1.8M
Basic shares12.8M shares
Fully diluted shares17.2M shares
Fully diluted market cap$9.8M
Cash per share$0.52
Quarterly burn$2.9M
Cash runway2.3 quarters

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

Share structure

Common
12.8M
Pre-funded warrants
0.7M
Options
1.5M
RSUs
0.0M
Warrants
2.2M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
—
FDSO
17.2M

Cap table as of 2026-06-30.

Price history

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Next catalyst

LP-300 · Jan 12 - Feb 23 in 9 wks · Phase 2 · Adenocarcinoma of Lung; Carcinoma, Non-Small-Cell Lung

Recently reported

LP-184 Positive · 2025-09-16
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