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OTLK — Outlook Therapeutics Inc.

OTLK (Outlook Therapeutics Inc.) stock: $0.44, $106.2M market cap, $11.2M cash, $95.0M EV, $127.6M fully diluted market cap. Next expected readout: Dec-27. Lead program: bevacizumab (Age-Related Macular Degeneration), Phase 3. Data from Fully Diluted's biotech stocks database.

What they do

We are a biopharmaceutical company that has developed ONS-5010/LYTENAVA TM as the first ophthalmic formulation of bevacizumab approved by the European Commission in the European Union, or EU, and the Medicines and Healthcare products Regulatory Agency, or MHRA, in the United Kingdom, or UK, for use in adults for the treatment of wet age-related macular degeneration, or wet AMD.

Source: 10-K FY2025 via SEC EDGAR

Share price
$0.44
Market cap
$106.2M
Cash
$11.2M
Enterprise value
$95.0M

Balance sheet

Cash$11.2M
Debt$0.0M
Net cash$11.2M
Enterprise value$95.0M
Basic shares243.4M shares
Fully diluted shares290.0M shares
Fully diluted market cap$127.6M
Cash per share$0.05
Quarterly burn$21.0M
Cash runway0.5 quarters

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

Share structure

Common
243.4M
Pre-funded warrants
0.0M
Options
6.2M
RSUs
0.0M
Warrants
40.4M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
—
FDSO
290.0M

Cap table as of 2026-06-30.

Price history

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Next catalyst

bevacizumab · Jan 12 - Feb 23 in 14 mo · Phase 3 · Age-Related Macular Degeneration; Neovascular Age-related Macular Degeneration; Wet Macular Degeneration

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