Microcap Ledger

Tickers · $LTRN

Lantern Pharma Inc. $LTRN

By Microcap Ledger desk · CIK 0001763950

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
Dallas, TX
Fiscal year end
December 31
Shares outstanding
12,784,146 [10-Q 2026-08-14]
as of 2026-08-10

Sources: [10-K 2026-03-30]

What the company doesAI summary of filing

Lantern Pharma Inc. is a clinical-stage biopharmaceutical company developing cancer therapies using its proprietary RADR artificial intelligence platform. The company's pipeline includes three clinical-stage small molecule drug candidates (LP-300, LP-184, and LP-284), an antibody-drug conjugate program in preclinical development, and an additional candidate (LP-100). Lantern generates no product revenue but plans to commercialize AI platform modules and services starting in 2026, while currently deriving limited revenue from research grants. The company employs a dual strategy of developing new compounds and rescuing previously abandoned drug candidates by applying AI-driven biomarker analysis to identify specific patient populations likely to respond to treatment. [10-K 2026-03-30]

Segments: LP-300 (small molecule, NSCLC), LP-184 (small molecule, solid tumors and CNS cancers), LP-284 (small molecule, hematological cancers), ADC Program (antibody-drug conjugate)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$10.40M −$6.71M$6.66M[10-Q 2026-08-14]
FY ended Dec 2025—−$17.12M −$15.68M$4.42M[PRE 14A 2026-10-08]
FY ended Dec 2024—−$20.78M −$17.81M$7.51M[PRE 14A 2026-10-08]
Quarterly cash burn
−$3.36M
Cash runway Estimate
~6 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
2025-04-2810,784,725[10-K/A 2025-04-30]
2025-05-0910,784,725[10-Q 2025-05-15]
2025-08-0810,799,417[10-Q 2025-08-13]
2025-11-0511,184,423[10-Q 2025-11-12]
2026-03-1311,254,697[10-K 2026-03-30]
2026-04-2911,304,697[10-K/A 2026-04-30]
2026-05-1211,304,697[10-Q 2026-05-15]
2026-08-1012,784,146[10-Q 2026-08-14]
Shelf registration
S-1 filed 2026-06-12; declared effective 2026-06-18 [S-1 2026-06-12]

Listing status

Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-10-01. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-10-018-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-10-01]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-05-12Schalop Lee Troybuy48,544$2.06[4 2026-05-14]
2026-05-12Keyser D Jeffreybuy48,544$2.06[4 2026-05-14]

Catalysts and calendar

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