Microcap Ledger

Tickers · $ERNA

Ernexa Therapeutics Inc. $ERNA

By Microcap Ledger desk · CIK 0000748592

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Pharmaceutical Preparations
Headquarters
Cambridge, MA
Fiscal year end
December 31
Shares outstanding
1,632,411 [10-Q 2026-08-06]
as of 2026-08-06

Sources: [10-K 2026-03-13]

What the company doesAI summary of filing

Ernexa Therapeutics develops synthetic allogeneic induced mesenchymal stem cell (iMSC) product candidates using its iMSC technology platform for cell therapy applications. The company is a clinical-stage biopharmaceutical company with no revenue from product sales. The company's product candidates require FDA approval before commercialization, and their development faces challenges including manufacturing complexity, regulatory requirements, intellectual property uncertainties, and healthcare cost containment pressures. [10-K 2026-03-13]

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$9.52M −$6.42M$5.03M[10-Q 2026-08-06]
FY ended Dec 2025—−$14.08M −$7.02M$1.88M[DEF 14A 2026-05-11]
FY ended Dec 2024$582.0K−$44.54M −$15.84M$1.73M[10-K 2026-03-13]
Quarterly cash burn
−$3.21M
Cash runway Estimate
~4.7 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-0851,374,713[10-Q 2024-11-12]
2025-03-1052,244,929[10-K 2025-03-12]
2025-05-0762,363,763[10-Q 2025-05-07]
2025-08-127,670,889[10-Q 2025-08-13]
2025-11-077,848,889[10-Q 2025-11-07]
2026-03-1229,154,431[10-K 2026-03-13]
2026-05-081,166,333[10-Q 2026-05-11]
2026-08-061,632,411[10-Q 2026-08-06]
Shelf registration
S-3 filed 2026-03-16; declared effective 2026-03-30 [S-3 2026-03-16]

Listing status

Current status: 3 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-03-20. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-03-208-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-03-20]
2025-01-108-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-01-10]
2025-01-038-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-01-03]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-02-10Cherington Charlesbuy4,000,000$0.50[4 2026-02-17]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.