SCLX · Scilex Holding Co · Financials
Substantial doubt about the company's ability to continue as a going concern.
“management has concluded that the aforementioned conditions, among other things, raise substantial doubt about the Company's ability to continue as a going concern for one year after the date the unaudited condensed consolidated financial statements are issued.”View the 10-Q filed Aug 14, 2026
4 customers — 96% of revenue (the three months ended June 30, 2026)
“The Company had four customers during the three and six months ended June 30, 2026, each of which individually generated 10% or more of the Company’s total revenue. These customers accounted for 96% and 95% of the Company’s revenue for the three and six months ended June 30, 2026, respectively, individually ranging from 22% to 27% and 19% to 27%.”
4 customers — 95% of revenue (the six months ended June 30, 2026)
“The Company had four customers during the three and six months ended June 30, 2026, each of which individually generated 10% or more of the Company’s total revenue. These customers accounted for 96% and 95% of the Company’s revenue for the three and six months ended June 30, 2026, respectively, individually ranging from 22% to 27% and 19% to 27%.”
4 customers — 80% of receivables (As of June 30, 2026)
“As of each of June 30, 2026 and 2025, these customers represented 80% and 99% of the Company’s outstanding accounts receivable, individually ranging between 16% and 37%, and 19% and 30% for respective periods.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $31.61M | $30.25M | $56.59M | $46.74M | $38.03M | $31.32M | $23.56M | |
| $14.07M | $10.6M | $16.69M | $15.68M | $10.8M | $3.63M | $2.15M | |
| — | $125.8M | $167.4M | — | — | — | — | |
| — | 415.83% | 295.81% | — | — | — | — | |
| $18.61M | $20.71M | $9.64M | $12.75M | $9.05M | $9.2M | $9.96M | |
| $277.98M | $266.88M | $119.02M | $119.64M | $64.9M | $50.58M | $42.97M | |
| $6.54M | $4.36M | $4.03M | $4.11M | $3.92M | $3.74M | $3.74M | |
| $8.32M | $4.62M | $4.05M | $4.15M | $3.96M | $3.78M | $3.78M | |
| -$359.19M | -$346.01M | -$83.4M | -$105.43M | -$50.63M | -$35.84M | -$35.26M | |
| — | -1143.71% | -147.37% | -225.55% | -133.13% | -114.44% | -149.65% | |
| -$350.88M | -$341.38M | -$79.35M | -$101.29M | -$46.67M | -$32.06M | -$31.48M | |
| $16.18M | $11.46M | $1.96M | $1.07M | $9.6M | $11.76M | $13.12M | |
| -$105.35M | -$28.02M | $10.59M | -$8.89M | $27.27M | -$52.58M | -$12.31M | |
| -$464.55M | -$374.03M | -$72.81M | -$114.32M | -$23.36M | -$88.42M | -$47.57M | |
| — | $26K | -$1000 | $13K | $4000 | $5000 | -$53K | |
| -$464.56M | -$374.05M | -$72.81M | -$114.33M | -$23.36M | -$88.42M | -$47.52M | |
| — | -1236.42% | -128.66% | -244.59% | -61.43% | -282.35% | -201.69% | |
| — | $11.8M | — | — | — | — | — | |
| -$448.35M | -$402.49M | -$72.81M | -$166.98M | -$23.36M | -$88.42M | — | |
| -$417.89M | -$370.85M | -$66.49M | -$114.33M | — | — | — | |
| USD/shares | -$34.45 | -$22.71 | -$4.51 | -$27.90 | -$3.70 | -$14.60 | -$7.85 |
| USD/shares | -$34.45 | -$22.71 | -$5.01 | -$27.90 | -$3.70 | -$14.60 | -$7.85 |
| shares | — | 17.72K | 16.16K | 5.98M | 6.16M | 6.1M | 6097.7985 |
| shares | — | 17.72K | 16.29K | 5.98M | 6.16M | 6.1M | 6097.7985 |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2024: $17.3M in dividends.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.