LTRN · Lantern Pharma Inc. · Executive Compensation
$1.71
-0.05 (-2.84%)
At close · Sep 11
Going-concern doubt
— flagged Aug 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These factors raise substantial doubt about the Company's ability to continue as a going concern in the absence of obtaining substantial additional funding. While the Company plans to pursue periodic capital raises, including additional potential sales under the ATM, as well as potential collaborations, grant funding and other opportunities to extend the Company's operating runway, no assurance can be given that sufficient funding will be available when needed to allow the Company to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Market Cap
$21.86M
Shares
12.78M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Panna Sharma | Chief Executive Officer and President | $1,090,634 |
| David Margrave | Chief Financial Officer and Secretary | $752,886 |
| Kishor Bhatia | Ph.D., Chief Scientific Officer | $539,120 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Panna Sharma | Chief Executive Officer and President^^ | $684,385 |
| David Margrave | Chief Financial Officer and Secretary^^ | $442,680 |
| Kishor Bhatia | Ph.D., Chief Scientific Officer | $283,237 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Panna Sharma | Chief Executive Officer and President^^ | $1,053,818 |
| David Margrave | Chief Financial Officer and Secretary^^ | $394,359 |
| Kishor Bhatia | Ph.D., Chief Scientific Officer | $184,327 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Panna Sharma | Chief Executive Officer and President | $622,000 |
| David Margrave | Chief Financial Officer and Secretary Kishor Bhatia, Ph.D., | $561,315 |
| Kishor Bhatia | Ph.D., Chief Scientific Officer | $282,140 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Panna Sharma | Chief Executive Officer and President | $1,594,166 |
| David Margrave | Chief Financial Officer and Secretary | $1,160,962 |
| Kishor Bhatia | Ph.D., Chief Scientific Officer | $667,608 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Panna Sharma | Chief Executive Officer, and President | $331,923 |
| David Margrave | Chief Financial Officer and Secretary | $97,019 |
| Kishor Bhatia | Ph.D., Chief Scientific Officer | $36,873 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Lee T. Schalop, M.D. | to the Board | Appointed | 2025-07-29 |