VTGN · Vistagen Therapeutics, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“As of June 15, 2026, the issuance date of the consolidated financial statements as of and for the year ended March 31, 2026, there is uncertainty about whether the Company’s combined cash, cash equivalents, and marketable securities will be sufficient to fund operations beyond twelve months from the issuance date of these consolidated financial statements and therefore the Company concluded that substantial doubt existed about the Company’s ability to continue as a going concern.”View the 10-K filed Jun 15, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2012 | FY2013 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 | FY2006 | FY2005 | FY2004 | FY2003 | FY2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $1.27M | $486K | $1.06M | -$227K | $1.11M | $1.09M | $0 | — | $0 | $1.25M | $0 | — | $16.37M | $16.37M | $200.4K | $16.17M | — | — | — | — | — | — | — | — | — | |
| $1.84M | — | — | — | $26.2K | $19.9K | $1600 | $30.1K | -$8000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $54.97M | $39.38M | $20.02M | $44.38M | $35.41M | $11.93M | $13.37M | $17.1M | $7.76M | $5.2M | $3.93M | $2.43M | $2.48M | $29.56M | $3.43M | $26.12M | — | — | — | — | — | — | — | — | — | |
| — | $18.42M | $17.08M | $14.06M | $14.66M | $13.48M | $7.1M | $7.43M | $7.46M | $6.44M | $6.29M | $13.92M | $4.34M | $2.55M | $30.68M | $3.56M | $27.12M | — | — | — | — | — | — | — | — | — | |
| — | $199K | $150K | $127K | $130K | $153.5K | $117.6K | $103.1K | $91.2K | $80.7K | $54.9K | $53.5K | $59.1K | $54.6K | $777.5K | $33.8K | $743.7K | — | — | — | — | — | — | — | — | — | |
| — | $73.4M | $56.46M | $34.09M | $59.04M | $48.89M | $19.02M | $20.8M | $24.56M | $14.2M | $11.5M | $17.85M | $6.78M | $5.03M | $67.76M | $6.99M | $60.77M | — | — | — | — | — | — | — | — | — | |
| — | -$72.13M | -$55.97M | -$33.02M | -$59.27M | -$47.78M | -$17.93M | -$20.8M | -$24.56M | -$14.2M | -$10.25M | -$17.85M | -$6.78M | -$5.03M | -$51.39M | -$6.79M | -$44.6M | — | — | — | — | — | — | — | — | — | |
| — | -5683.69% | -11517.08% | -3103.48% | — | -4308.29% | -1646.06% | — | — | — | -819.88% | — | — | -30.72% | -313.92% | -3389.77% | -275.8% | — | — | — | — | — | — | — | — | — | |
| — | -$71.93M | -$55.82M | -$32.89M | -$59.14M | -$47.63M | -$17.82M | -$20.7M | -$24.47M | -$14.12M | -$10.19M | -$17.8M | -$6.72M | -$4.97M | -$50.61M | -$6.76M | -$43.85M | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | $8000 | $8900 | $4600 | $770.8K | $4.55M | $1.5M | -$10.36M | -$920.7K | $9.44M | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | $0 | $600 | — | — | — | $0 | -$2300 | -$135K | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | -$69.68M | -$51.41M | -$29.36M | -$59.24M | -$47.76M | -$17.93M | -$20.77M | -$24.59M | -$14.34M | -$10.25M | -$47.22M | -$13.88M | -$2.97M | -$67.65M | -$12.88M | -$54.77M | — | — | — | — | — | — | — | — | — | |
| — | $7000 | $7000 | $4000 | $6000 | $3400 | $2600 | $2600 | $2600 | $2400 | $2400 | $2300 | $2400 | $2700 | $20.5K | $3700 | $16.8K | — | — | — | — | — | — | — | — | — | |
| — | -$69.69M | -$51.42M | -$29.36M | -$59.25M | -$47.76M | -$17.93M | -$20.77M | -$24.59M | -$14.35M | -$10.26M | -$47.22M | -$13.89M | -$2.97M | -$67.67M | -$12.89M | -$54.78M | -$4.12M | -$4.7M | -$5.45M | -$2M | -$1.77M | -$1.08M | -$8.76M | -$502.6K | -$2.11M | |
| — | -5491.33% | -10579.84% | -2759.59% | — | -4306.8% | -1646.09% | — | — | — | -820.44% | — | — | -18.13% | -413.37% | -6430.49% | -338.8% | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | -$59.25M | -$48.71M | -$42.32M | -$22.04M | -$25.73M | -$15.58M | -$11.62M | -$51.42M | -$13.89M | -$2.97M | — | $185.7K | — | — | — | — | — | — | — | — | — | — | |
| — | -$69.69M | -$51.41M | -$29.36M | -$59.25M | — | — | — | — | — | — | — | — | -$70.64M | — | -$12.89M | — | — | — | — | — | — | — | — | — | — | |
| USD/shares | — | -$1.83 | -$1.67 | -$1.52 | -$8.51 | -$7.38 | -$14.70 | — | — | — | — | -$872.40 | -$315.90 | -$81.00 | — | $0.30 | — | — | — | — | — | — | — | — | — | — |
| USD/shares | — | -$1.83 | -$1.67 | -$1.52 | -$8.51 | — | — | — | — | — | — | -$872.40 | -$318.30 | -$114.30 | -$24.90 | -$0.60 | -$54.30 | — | — | — | — | — | — | — | — | — |
| shares | — | 38.07M | 30.88M | 19.35M | 6.96M | 6.6M | 2.87M | 1.46M | 952.08K | 463K | 251.05K | 58.93K | 43.96K | 36.62K | — | 694.66K | — | — | — | — | — | — | — | — | — | — |
| shares | — | 38.07M | 30.88M | 19.35M | 6.96M | — | 2.87M | 1.46M | 952.08K | 463K | 251.05K | 58.93K | 43.96K | 36.64K | 491.22K | 694.66K | 174.7K | — | — | — | — | — | — | — | — | — |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 193 similar-size Biotechnology companies (of 522 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2023 | FY2022 |
|---|---|---|
| License | -$227,000 | $1,109,000 |