HCW Biologics Key Executives

This section highlights HCW Biologics's key executives, including their titles and compensation details.

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HCW Biologics Earnings

This section highlights HCW Biologics's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 21, 2025
Time: Before Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: March 28, 2025
EPS: $-3.20
Est. EPS: $3.60
Revenue: $394.80K

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

Financial Statements

Access annual & quarterly financial statements for HCW Biologics, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $2.57M $2.84M $6.72M $- $4.10M
Cost of Revenue $1.61M $2.28M $4.14M $543.60K $-
Gross Profit $959.40K $560.36K $2.59M $-543.60K $4.10M
Gross Profit Ratio 37.38% 19.72% 38.48% - 100.00%
Research and Development Expenses $6.39M $7.68M $9.34M $8.17M $7.26M
General and Administrative Expenses $6.84M $13.08M $8.33M $4.98M $2.44M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $6.84M $13.08M $8.33M $4.98M $2.44M
Other Expenses $15.60M $5.52M $304.74K $218.47K $233.04K
Operating Expenses $28.83M $26.28M $17.67M $13.37M $9.92M
Cost and Expenses $30.44M $28.56M $21.80M $13.37M $9.92M
Interest Income $- $- $126.66K $505.37K $22.32K
Interest Expense $1.16M $283.04K $126.66K $- $-
Depreciation and Amortization $1.18M $1.14M $589.61K $543.60K $572.87K
EBITDA $-27.68M $-23.58M $-14.18M $-12.82M $-5.25M
EBITDA Ratio -1078.43% -829.62% -211.01% - -128.10%
Operating Income $-29.48M $-25.72M $-15.08M $-13.37M $-5.82M
Operating Income Ratio -1148.50% -904.96% -224.32% - -142.07%
Total Other Income Expenses Net $-544.15K $722.88K $178.07K $505.37K $22.32K
Income Before Tax $-30.02M $-24.99M $-14.90M $-12.86M $-5.80M
Income Before Tax Ratio -1169.70% -879.52% -221.67% - -141.53%
Income Tax Expense $- $- $-178.07K $-505.37K $-22.32K
Net Income $-30.02M $-24.99M $-14.72M $-12.36M $-5.78M
Net Income Ratio -1169.70% -879.52% -219.02% - -140.98%
EPS $-0.77 $-0.70 $-0.41 $-0.35 $-0.16
EPS Diluted $-0.77 $-0.70 $-0.41 $-0.35 $-0.16
Weighted Average Shares Outstanding 38.79M 35.93M 35.82M 35.77M 36.70M
Weighted Average Shares Outstanding Diluted 38.79M 35.93M 35.82M 35.77M 36.70M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $394.80K $426.42K $618.85K $1.13M $1.32M $853.10K $622.81K $41.88K $1.34M $1.81M $454.00K $3.12M $- $- $- $- $4.10M $- $- $-
Cost of Revenue $315.84K $341.14K $438.44K $755.47K $1.35M $678.33K $502.40K $29.35K $1.07M $1.45M $287.20K $1.33M $95.58K $124.12K $165.09K $158.81K $- $- $- $-
Gross Profit $78.96K $85.28K $180.41K $371.25K $-21.91K $174.78K $120.41K $12.53K $268.30K $361.81K $166.80K $1.79M $-95.58K $-124.12K $-165.09K $-158.81K $4.10M $- $- $-
Gross Profit Ratio 20.00% 20.00% 29.15% 32.95% -1.65% 20.49% 19.33% 29.92% 20.00% 20.00% 36.74% 57.40% - - - - 100.00% 0.00% 0.00% 0.00%
Research and Development Expenses $1.05M $1.19M $2.03M $1.95M $2.14M $1.67M $1.62M $2.26M $2.93M $2.65M $1.97M $1.79M $1.48M $2.69M $1.67M $2.33M $1.41M $2.10M $2.07M $1.68M
General and Administrative Expenses $1.44M $1.57M $1.59M $5.92M $3.56M $3.52M $2.95M $3.05M $3.01M $1.70M $1.69M $1.84M $1.58M $1.36M $1.02M $1.02M $569.08K $553.19K $654.55K $659.18K
Selling and Marketing Expenses $- $-20.21K $-66.61K $-67.08K $5.05M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $1.44M $2.52M $11.92M $5.92M $8.61M $3.52M $2.95M $3.05M $3.01M $1.70M $1.69M $1.84M $1.58M $1.36M $1.02M $1.02M $569.08K $553.19K $654.55K $659.18K
Other Expenses $750.76K $69.37K $1.37M $25.60K $86.24K $234.75K $301.62K $69.21K $-84.48K $- $16.94K $35.60K $-162.66K $44.82K $61.08K $66.64K $60.23K $56.75K $56.67K $59.38K
Operating Expenses $3.24M $3.78M $15.32M $7.86M $10.75M $5.25M $4.63M $5.37M $5.94M $4.38M $3.68M $3.67M $3.11M $4.09M $2.75M $3.41M $2.04M $2.71M $2.78M $2.40M
Cost and Expenses $3.55M $4.12M $15.75M $8.62M $12.09M $5.93M $5.13M $5.40M $7.01M $5.83M $3.97M $5.00M $3.11M $4.09M $2.75M $3.41M $2.04M $2.71M $2.78M $2.40M
Interest Income $- $- $- $- $- $- $95.51K $- $248.50K $- $516 $- $- $- $631 $568.18K $- $- $1.52K $21.48K
Interest Expense $775.41K $223.36K $159.67K $- $- $95.51K $95.51K $93.44K $21.20K $- $516 $176.40K $- $2.54K $- $568.18K $- $374 $- $21.48K
Depreciation and Amortization $682.51K $128.45K $129.93K $243.50K $274.55K $277.45K $284.33K $298.85K $132.91K $164.33K $149.58K $142.78K $95.58K $124.12K $165.09K $158.81K $163.69K $126.21K $158.11K $147.90K
EBITDA $-1.92M $-3.55M $-14.99M $-7.22M $-10.41M $-4.57M $-3.92M $-4.68M $-5.29M $-3.75M $-3.36M $-1.91M $-3.02M $-3.97M $-2.60M $-3.25M $2.20M $-2.58M $-2.62M $-2.25M
EBITDA Ratio -485.14% -832.62% -2422.32% -641.21% -785.95% -535.19% -630.14% -11170.17% -394.02% -207.29% -740.30% -61.41% - - - - 53.70% - - -
Operating Income $-3.16M $-3.69M $-15.14M $-7.49M $-10.77M $-5.08M $-4.51M $-5.36M $-5.67M $-4.02M $-3.51M $-1.88M $-3.11M $-4.09M $-2.75M $-3.41M $2.06M $-2.71M $-2.78M $-2.40M
Operating Income Ratio -800.34% -865.39% -2445.81% -665.09% -813.31% -595.23% -724.22% -12798.92% -422.45% -222.20% -773.36% -60.33% - - - - 50.27% - - -
Total Other Income Expenses Net $-213.51K $-212.05K $-144.18K $25.60K $87.66K $139.24K $206.10K $289.88K $248.50K $105.46K $516 $-176.40K $-60.90K $-2.54K $631 $568.18K $-303 $-374 $1.52K $21.48K
Income Before Tax $-3.37M $-3.90M $-15.28M $-7.47M $-10.68M $-4.94M $-4.30M $-5.07M $-5.42M $-3.91M $-3.51M $-2.06M $-3.17M $-4.09M $-2.75M $-2.84M $2.06M $-2.71M $-2.78M $-2.38M
Income Before Tax Ratio -854.42% -915.12% -2469.11% -662.82% -806.69% -578.90% -691.13% -12106.79% -403.93% -216.37% -773.25% -65.99% - - - - 50.27% - - -
Income Tax Expense $- $- $- $-1 $-530.95K $330.27K $397.13K $- $-72.61K $- $-516 $176.40K $1 $- $- $- $- $- $- $-
Net Income $-3.37M $-3.90M $-15.28M $-7.47M $-10.68M $-4.94M $-4.30M $-5.07M $-5.35M $-3.91M $-3.51M $-2.23M $-3.17M $-4.09M $-2.75M $-2.84M $2.06M $-2.71M $-2.78M $-2.38M
Net Income Ratio -854.42% -915.12% -2469.11% -662.82% -806.69% -578.90% -691.13% -12106.79% -398.51% -216.37% -773.14% -71.65% - - - - 50.27% - - -
EPS $-0.08 $-0.10 $-0.40 $-0.20 $-0.30 $-0.14 $-0.12 $-0.14 $-0.15 $-0.11 $-0.10 $-0.06 $-0.11 $-0.14 $-0.08 $-0.08 $0.07 $-0.09 $-0.10 $-0.08
EPS Diluted $-0.08 $-0.10 $-0.40 $-0.20 $-0.30 $-0.14 $-0.12 $-0.14 $-0.15 $-0.11 $-0.10 $-0.06 $-0.11 $-0.14 $-0.08 $-0.08 $0.07 $-0.09 $-0.10 $-0.08
Weighted Average Shares Outstanding 42.30M 37.82M 37.82M 37.22M 36.00M 35.93M 35.91M 35.88M 35.86M 35.84M 35.81M 35.78M 29.57M 29.57M 34.25M 34.25M 28.61M 28.61M 28.61M 28.61M
Weighted Average Shares Outstanding Diluted 42.30M 37.82M 37.82M 37.22M 36.00M 35.93M 35.91M 35.88M 35.86M 35.84M 35.81M 35.78M 29.57M 29.57M 34.25M 34.25M 28.61M 28.61M 28.61M 28.61M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $4.67M $3.60M $22.33M $11.73M $8.46M
Short Term Investments $- $- $9.74M $24.98M $-
Cash and Short Term Investments $4.67M $3.60M $32.06M $36.71M $8.46M
Net Receivables $582.20K $1.54M $417.69K $133.00K $2.50M
Inventory $- $- $1.39M $2.20M $538.31K
Other Current Assets $441.71K $1.27M $1.59M $3.63M $1.19M
Total Current Assets $5.70M $6.40M $34.07M $40.48M $12.15M
Property Plant Equipment Net $22.91M $20.45M $10.80M $1.12M $1.62M
Goodwill $- $- $- $- $-
Intangible Assets $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $-
Long Term Investments $1.60M $1.60M $1.60M $11.52M $1.60M
Tax Assets $- $- $- $- $-
Other Non-Current Assets $28.48K $56.54K $333.88K $393.32K $34.24K
Total Non-Current Assets $24.54M $22.11M $12.74M $13.03M $3.25M
Other Assets $- $- $- $- $-
Total Assets $30.24M $28.51M $46.81M $53.51M $15.40M
Account Payables $22.33M $6.17M $1.23M $223.66K $155.34K
Short Term Debt $6.31M $- $- $- $567.31K
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $1.80M $-567.31K
Other Current Liabilities $981.94K $2.58M $1.73M $2.10M $278.43K
Total Current Liabilities $29.63M $8.75M $2.96M $2.32M $1.00M
Long Term Debt $- $6.30M $6.41M $- $-
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $7.38M $- $14.28K $- $-
Total Non-Current Liabilities $7.38M $6.30M $6.42M $- $-
Other Liabilities $- $- $- $- $-
Total Liabilities $37.01M $15.05M $9.38M $2.32M $1.00M
Preferred Stock $- $- $- $53.51M $31.12M
Common Stock $4.45K $3.60K $3.59K $3.58K $480
Retained Earnings $-100.56M $-70.53M $-45.54M $-30.64M $-16.72M
Accumulated Other Comprehensive Income Loss $- $- $- $-53.51M $-1.12K
Other Total Stockholders Equity $93.78M $83.99M $82.96M $28.31M $-
Total Stockholders Equity $-6.77M $13.46M $37.43M $51.19M $14.40M
Total Equity $-6.77M $13.46M $37.43M $51.19M $14.40M
Total Liabilities and Stockholders Equity $30.24M $28.51M $46.81M $53.51M $15.40M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $30.24M $28.51M $46.81M $53.51M $15.40M
Total Investments $1.60M $1.60M $11.34M $36.51M $1.60M
Total Debt $6.31M $6.30M $6.41M $- $567.31K
Net Debt $1.64M $2.71M $-15.92M $-11.73M $-7.89M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 March 31, 2020
Cash and Cash Equivalents $4.67M $998.22K $1.16M $4.08M $3.60M $11.22M $7.45M $18.39M $22.33M $26.22M $15.42M $18.12M $11.73M $15.13M $5.05M $6.86M $8.46M $-7.36M
Short Term Investments $- $- $- $- $- $- $9.96M $9.85M $9.74M $- $16.99M $16.97M $24.98M $24.99M $- $- $- $14.71M
Cash and Short Term Investments $4.67M $998.22K $1.16M $4.08M $3.60M $11.22M $17.41M $28.24M $32.06M $26.22M $32.41M $35.09M $36.71M $40.11M $5.05M $6.86M $8.46M $7.36M
Net Receivables $582.20K $651.84K $654.97K $1.15M $1.54M $710.08K $707.21K $252.73K $417.69K $355.56K $346.93K $553.01K $133.00K $70.00K $50.00K $1.30M $2.50M $-
Inventory $- $- $- $1 $- $1.74M $1.36M $- $1.39M $1 $1.40M $2.02M $2.20M $1.99M $4.05M $783.32K $538.31K $-
Other Current Assets $441.71K $444.29K $569.52K $970.69K $1.27M $1.92M $1.68M $1.45M $1.59M $2.13M $1.87M $2.27M $3.63M $3.37M $4.95M $1.64M $1.19M $-
Total Current Assets $5.70M $2.09M $2.39M $6.21M $6.40M $13.85M $19.80M $29.94M $34.07M $28.71M $34.63M $37.91M $40.48M $43.56M $10.05M $9.80M $12.15M $7.36M
Property Plant Equipment Net $22.91M $22.83M $22.81M $22.59M $20.45M $14.78M $12.62M $11.74M $10.80M $10.96M $913.73K $1.01M $1.12M $1.27M $1.39M $1.53M $1.62M $-
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Long Term Investments $1.60M $1.60M $1.60M $1.60M $1.60M $1.60M $1.60M $1.60M $1.60M $11.27M $11.30M $11.35M $11.52M $11.58M $1.60M $1.60M $1.60M $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $28.48K $28.48K $28.48K $28.48K $56.54K $5.39M $5.46M $253.14K $333.88K $419.03K $563.51K $686.41K $393.32K $- $- $- $34.24K $-7.36M
Total Non-Current Assets $24.54M $24.46M $24.43M $24.22M $22.11M $21.77M $19.68M $13.59M $12.74M $22.65M $12.78M $13.05M $13.03M $12.85M $2.99M $3.13M $3.25M $-7.36M
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $30.24M $26.56M $26.82M $30.43M $28.51M $35.62M $39.48M $43.53M $46.81M $51.35M $47.41M $50.96M $53.51M $56.41M $13.03M $12.93M $15.40M $-
Account Payables $22.33M $22.67M $16.88M $10.49M $6.17M $3.15M $2.12M $1.16M $1.23M $1.41M $296.21K $743.12K $223.66K $637.19K $996.88K $323.50K $155.34K $-
Short Term Debt $6.31M $6.34M $124.00K $- $28.50K $- $- $- $- $- $- $- $- $- $- $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $-122.15K $- $-117.68K $-97.10K $- $- $- $- $- $1.80M $- $- $- $-567.31K $-
Other Current Liabilities $981.94K $1.06M $6.22M $2.92M $2.55M $2.26M $2.42M $3.36M $1.73M $882.77K $848.34K $674.30K $2.10M $1.76M $3.17M $1.02M $845.74K $-
Total Current Liabilities $29.63M $30.06M $23.22M $13.41M $8.75M $5.42M $4.54M $4.52M $2.96M $2.29M $1.14M $1.42M $2.32M $2.39M $4.17M $1.35M $1.00M $-
Long Term Debt $7.38M $6.46M $9.90M $8.27M $6.30M $6.33M $6.36M $6.39M $6.41M $6.45M $- $- $- $- $- $- $- $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $- $- $- $- $7.48K $14.28K $56.68K $98.45K $139.60K $- $- $- $- $- $-
Total Non-Current Liabilities $7.38M $6.46M $9.90M $8.27M $6.30M $6.33M $6.36M $6.39M $6.42M $6.50M $98.45K $139.60K $223.66K $- $- $- $- $-
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $-223.66K $- $- $- $- $-
Total Liabilities $37.01M $36.53M $33.12M $21.69M $15.05M $11.75M $10.90M $10.92M $9.38M $8.80M $1.24M $1.56M $2.32M $2.39M $4.17M $1.35M $1.00M $-
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $56.41M $32.10M $31.61M $31.12M $18.68M
Common Stock $4.45K $3.78K $3.78K $3.78K $3.60K $3.59K $3.59K $3.59K $3.59K $3.58K $3.58K $3.58K $3.58K $3.57K $496 $488 $480 $-
Retained Earnings $-100.56M $-97.18M $-93.28M $-78.00M $-70.53M $-59.85M $-54.91M $-50.61M $-45.54M $-40.12M $-36.21M $-32.69M $-30.64M $-27.46M $-23.24M $-20.03M $-16.72M $-
Accumulated Other Comprehensive Income Loss $- $- $- $- $- $0 $- $- $- $0 $- $0 $0 $-56.41M $-23.24M $-1.14K $- $-9.68M
Other Total Stockholders Equity $93.78M $87.21M $86.98M $86.74M $83.99M $83.72M $83.50M $83.22M $82.96M $82.67M $82.37M $82.09M $81.83M $81.47M $- $- $- $-
Total Stockholders Equity $-6.77M $-9.97M $-6.30M $8.74M $13.46M $23.87M $28.59M $32.62M $37.43M $42.56M $46.17M $49.40M $51.19M $54.01M $8.86M $11.58M $14.40M $9.00M
Total Equity $-6.77M $-9.97M $-6.30M $8.74M $13.46M $23.87M $28.59M $32.62M $37.43M $42.56M $46.17M $49.40M $51.19M $54.01M $8.86M $11.58M $14.40M $9.00M
Total Liabilities and Stockholders Equity $30.24M $26.56M $26.82M $30.43M $28.51M $35.62M $39.48M $43.53M $46.81M $51.35M $47.41M $50.96M $53.51M $56.41M $13.03M $12.93M $15.40M $9.00M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $30.24M $26.56M $26.82M $30.43M $28.51M $35.62M $39.48M $43.53M $46.81M $51.35M $47.41M $50.96M $53.51M $56.41M $13.03M $12.93M $15.40M $9.00M
Total Investments $1.60M $1.60M $1.60M $1.60M $1.60M $1.60M $11.56M $11.45M $11.34M $11.27M $28.30M $28.32M $36.51M $36.57M $1.60M $1.60M $1.60M $14.71M
Total Debt $13.69M $12.80M $10.02M $8.27M $6.45M $6.33M $6.36M $6.39M $6.41M $6.45M $98.45K $139.60K $- $- $- $- $567.31K $-
Net Debt $9.02M $11.81M $8.86M $4.19M $2.86M $-4.89M $-1.09M $-12.00M $-15.92M $-19.78M $-15.32M $-17.98M $-11.73M $-15.13M $-5.05M $-6.86M $-7.89M $7.36M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-30.02M $-24.99M $-14.90M $-12.86M $-5.80M
Depreciation and Amortization $1.18M $1.14M $717.85K $543.60K $595.91K
Deferred Income Tax $- $- $- $-501.48K $-4.32M
Stock Based Compensation $1.01M $1.00M $1.12M $360.98K $21.88K
Change in Working Capital $13.60M $-4.64M $2.49M $1.46M $-5.25M
Accounts Receivables $953.56K $-1.12M $-284.69K $2.37M $-2.50M
Inventory $- $- $- $- $-
Accounts Payables $11.87M $1.62M $418.21K $1.89M $-628.65K
Other Working Capital $775.08K $-5.14M $2.35M $-2.80M $-2.12M
Other Non Cash Items $-418 $4.98M $188.46K $28.26K $4.32M
Net Cash Provided by Operating Activities $-14.23M $-22.51M $-10.39M $-10.98M $-10.43M
Investments in Property Plant and Equipment $-261.62K $-6.20M $-10.28M $-47.26K $-186.68K
Acquisitions Net $- $- $- $- $-
Purchases of Investments $- $- $- $-34.97M $-
Sales Maturities of Investments $- $10.00M $24.98M $- $-
Other Investing Activities $- $- $24.98M $-34.97M $-
Net Cash Used for Investing Activities $-261.62K $3.80M $14.71M $-35.02M $-186.68K
Debt Repayment $6.79M $-38.27K $6.45M $- $563.59K
Common Stock Issued $6.46M $23.74K $15.78K $56.03M $9.90K
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $- $- $- $-2.82M $-
Other Financing Activities $2.32M $- $-190.55K $-6.76M $22.30M
Net Cash Used Provided by Financing Activities $15.57M $-14.53K $6.27M $49.27M $11.72M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $1.08M $-18.73M $10.60M $3.27M $1.10M
Cash at End of Period $4.67M $3.60M $22.33M $11.73M $8.46M
Cash at Beginning of Period $3.60M $22.33M $11.73M $8.46M $7.36M
Operating Cash Flow $-14.23M $-22.51M $-10.39M $-10.98M $-10.43M
Capital Expenditure $-261.62K $-6.20M $-10.28M $-47.26K $-186.68K
Free Cash Flow $-14.49M $-28.72M $-20.66M $-11.02M $-10.62M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-3.37M $-3.90M $-15.28M $-7.47M $-10.68M $-4.94M $-4.30M $-5.07M $-5.42M $-3.91M $-3.51M $-2.06M $-3.17M $-4.09M $-2.75M $-2.84M $2.06M $-2.71M $-2.78M $-2.38M
Depreciation and Amortization $682.51K $128.45K $129.93K $243.50K $274.55K $277.45K $284.33K $298.85K $261.16K $164.33K $149.58K $142.78K $95.58K $124.12K $165.09K $158.81K $163.69K $126.21K $158.11K $147.90K
Deferred Income Tax $- $- $- $- $-409.50K $-40.63K $-110.94K $- $- $- $- $- $-1.36M $- $- $- $- $- $- $-
Stock Based Compensation $292.07K $232.43K $239.82K $244.69K $261.27K $219.85K $263.42K $259.21K $286.19K $302.32K $271.33K $260.35K $360.98K $1.66K $- $- $21.88K $- $- $-
Change in Working Capital $-436.19K $614.93K $10.05M $3.38M $1.00M $-1.11M $-5.52M $986.71K $1.15M $1.09M $374.97K $-123.42K $-753.84K $-1.15M $1.59M $1.76M $-5.78M $-166.74K $457.19K $246.16K
Accounts Receivables $69.64K $3.13K $248.91K $631.87K $-825.68K $-2.87K $-454.48K $164.97K $-62.14K $-8.62K $206.07K $-420.01K $-63.00K $-20.00K $1.25M $1.20M $-2.50M $- $- $-
Inventory $- $- $- $- $- $- $- $- $- $- $- $- $1.88M $-42.78M $-6.29M $- $- $- $- $-
Accounts Payables $-508.40K $486.56K $9.40M $2.50M $1.23M $-820.12K $494.25K $718.67K $621.19K $1.14M $-276.64K $-1.07M $-72.91K $489.76K $757.91K $713.05K $-1.15M $28.74K $430.36K $57.92K
Other Working Capital $2.58K $125.24K $401.17K $246.10K $599.67K $-283.69K $-5.56M $103.07K $589.53K $-48.17K $445.54K $1.37M $-2.50M $41.16M $5.88M $-150.36K $-2.14M $-195.49K $26.83K $188.25K
Other Non Cash Items $- $- $- $-2.40M $5.66M $-627 $-627 $-112.29K $-66.55K $627 $24.84K $185.33K $1.46M $-221.53K $-1.68M $-567.31K $21.88K $28.74K $430.36K $57.92K
Net Cash Provided by Operating Activities $-2.83M $-2.93M $-4.86M $-3.60M $-3.89M $-5.59M $-9.39M $-3.64M $-3.79M $-2.31M $-2.69M $-1.59M $-3.38M $-5.12M $-990.44K $-1.49M $-3.54M $-2.75M $-2.16M $-1.98M
Investments in Property Plant and Equipment $-113.41K $-37.06K $18.57K $-129.71K $-3.72M $-630.05K $-1.56M $-300.38K $-68.69K $-10.17M $-12.91K $-23.55K $-19.85K $-4.13K $- $-23.28K $-36.39K $-105.22K $55.78K $-100.86K
Acquisitions Net $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $- $- $- $- $-4.05K $-34.97M $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $10.00M $- $- $8.00M $16.98M $- $8.00M $- $- $- $- $- $- $- $-
Other Investing Activities $- $- $- $- $- $10.00M $- $- $-8.00M $16.98M $- $8.00M $-4.05K $-34.97M $- $- $- $- $- $-
Net Cash Used for Investing Activities $-113.41K $-37.06K $18.57K $-129.71K $-3.72M $9.37M $-1.56M $-300.38K $-68.69K $6.81M $-12.91K $7.98M $-23.90K $-34.97M $- $-23.28K $-36.39K $-105.22K $55.78K $-100.86K
Debt Repayment $343.99K $2.80M $1.92M $1.72M $-29.29K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Issued $3.96M $- $- $2.50M $14.04K $84 $7.71K $1.90K $5.83K $1.67K $6.00K $2.27K $6.10K $56.00M $9.46K $13.38K $6.78K $813 $2.31K $-
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $-2.82M $- $- $- $- $- $- $-
Other Financing Activities $2.32M $- $- $2.50M $- $-8.98K $- $- $-45.68K $6.30M $- $- $- $-5.84M $-824.31K $-100.00K $5.54M $6.17M $- $-
Net Cash Used Provided by Financing Activities $6.62M $2.80M $1.92M $4.22M $-15.25K $-8.90K $7.71K $1.90K $-39.85K $6.30M $6.00K $2.27K $6.10K $50.16M $-814.85K $-86.61K $5.55M $6.17M $2.31K $-
Effect of Forex Changes on Cash $- $- $- $- $-11.01M $- $11.01M $- $- $- $- $- $4.91M $- $- $- $- $- $- $-
Net Change in Cash $3.68M $-163.09K $-2.92M $488.97K $-7.63M $3.77M $-10.94M $-3.94M $-3.90M $10.80M $-2.70M $6.39M $-3.39M $10.07M $-1.81M $-1.60M $1.97M $3.31M $-2.11M $-2.08M
Cash at End of Period $4.67M $998.22K $1.16M $4.08M $3.60M $11.22M $7.45M $18.39M $22.33M $26.22M $15.42M $18.12M $11.73M $15.13M $5.05M $6.86M $8.46M $6.48M $3.17M $5.27M
Cash at Beginning of Period $998.22K $1.16M $4.08M $3.60M $11.22M $7.45M $18.39M $22.33M $26.22M $15.42M $18.12M $11.73M $15.13M $5.05M $6.86M $8.46M $6.48M $3.17M $5.27M $7.36M
Operating Cash Flow $-2.83M $-2.93M $-4.86M $-3.60M $-3.89M $-5.59M $-9.39M $-3.64M $-3.79M $-2.31M $-2.69M $-1.59M $-3.38M $-5.12M $-990.44K $-1.49M $-3.54M $-2.75M $-2.16M $-1.98M
Capital Expenditure $-113.41K $-37.06K $18.57K $-129.71K $-3.72M $-630.05K $-1.56M $-300.38K $-68.69K $-10.17M $-12.91K $-23.55K $-19.85K $-4.13K $- $-23.28K $-36.39K $-105.22K $55.78K $-100.86K
Free Cash Flow $-2.95M $-2.96M $-4.84M $-3.73M $-7.61M $-6.22M $-10.95M $-3.94M $-3.86M $-12.48M $-2.70M $-1.62M $-3.40M $-5.12M $-990.44K $-1.51M $-3.57M $-2.85M $-2.11M $-2.08M

HCW Biologics Inc. (HCWB)

HCW Biologics Inc., a preclinical stage biopharmaceutical company, focuses on discovering and developing novel immunotherapies for chronic, low-grade inflammation, and age-related diseases. The company's lead products include HCW9218, which is an injectable immunotherapeutic for patients with pancreatic, ovarian, breast, prostate, and colorectal cancers, as well as pulmonary fibrosis; and HCW9302 for auto-immune diseases, such as alopecia areata and metabolic diseases. It also develops HCW9201, a cell-based therapy that is in Phase II clinical trials for the treatment of patients with relapsed/refractory acute myeloid leukemia; and HCW9206 for the treatment of acute myeloid leukemia. The company was incorporated in 2018 and is headquartered in Miramar, Florida.

Healthcare Biotechnology

$7.52

Stock Price

$8.45M

Market Cap

36

Employees

Miramar, FL

Location

Revenue (FY 2024)

$2.57M

-9.7% YoY

Net Income (FY 2024)

$-30.02M

-20.1% YoY

EPS (FY 2024)

$-0.77

-10.0% YoY

Free Cash Flow (FY 2024)

$-14.49M

49.5% YoY

Profitability

Gross Margin

37.4%

Net Margin

-1169.7%

ROE

443.5%

ROA

-99.3%

Valuation

P/E Ratio

-23.05

P/S Ratio

269.62

EV/EBITDA

-25.06

Market Cap

$8.45M

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$-14.23M

36.8% YoY

Free Cash Flow

$-14.49M

49.5% YoY

Balance Sheet Summary

Total Assets

$30.24M

6.0% YoY

Total Debt

$6.31M

0.2% YoY

Shareholder Equity

$-6.77M

-146.6% YoY

Dividend Overview

No Dividend Data

HCW Biologics Inc. doesn't currently pay dividends.

HCW Biologics Dividends

Explore HCW Biologics's dividend history, including dividend yield, payout ratio, and historical payments.

HCW Biologics does not currently pay a dividend.

HCW Biologics News

Read the latest news about HCW Biologics, including recent articles, headlines, and updates.

HCW Biologics Announces 1-for-40 Reverse Stock Split

MIRAMAR, Fla., April 01, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between inflammation and age-related diseases, today announced that its Board of Directors has approved a 1-for-40 reverse stock split of the Company's common stock, par value $0.0001 (“Common Stock”), which will be effective at 12:01 a.m. Eastern Time on April 11, 2025. The Company's Common Stock will be traded on The Nasdaq Capital Market on a reverse split-adjusted basis beginning on April 11, 2025, under the Company's existing trading symbol “HCWB.”

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HCW Biologics Reports Fourth Quarter and Fiscal Year 2024 Business Highlights and Financial Results

MIRAMAR, Fla., March 28, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its fourth quarter and fiscal year ended December 31, 2024.

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HCW Biologics Granted Extension by the Nasdaq Hearings Panel to Regain Compliance with Continued Listing Requirements

MIRAMAR, Fla., March 06, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (Nasdaq: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported that, on March 3, 2025, the Nasdaq Hearings Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq” or the “Exchange”) granted the Company an extension in which to regain compliance with all continued listing rules of The Nasdaq Capital Market.

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HCW Biologics Granted FDA Clearance to Evaluate One of the Company's Lead Product Candidates in a First-In-Human Phase 1 Clinical Trial

MIRAMAR, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (“HCWB” or the “Company”) (NASDAQ: HCWB), a U.S.-based clinical-stage biopharmaceutical company focused on discovering and developing innovative immunotherapies to extend healthspan by targeting the link between chronic inflammation and disease, today announced that it has received clearance of its Investigational New Drug Application (“IND”) from the U.S. Food and Drug Administration (“FDA”) to initiate a first-in-human Phase 1 dose escalation clinical trial to evaluate one of its lead drug candidates, HCW9302, in patients with moderate-to-severe alopecia areata, a common autoimmune disease in humans that currently has no curative FDA approved treatments.

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HCW Biologics' Founder and CEO to Address Opportunities and Challenges in Biomanufacturing for Cell and Gene Therapies During J.P. Morgan Week in San Francisco on January 15, 2025

MIRAMAR, Fla., Jan. 15, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (“HCWB” or “HCW Biologics”), (NASDAQ: HCWB), a U.S.-based clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between chronic inflammation and disease, announced today that Hing C.

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HCW Biologics Inc. Received NASDAQ Staff Determination Letter

Company Expected Notice for Continued Deficiency and Delist Letter from the Nasdaq Stock Market Company Intends to Request Hearing to Appeal in a Timely Manner MIRAMAR, Fla., Dec. 23, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported on December 17, 2024, the Company received written notice from the Listing Qualifications Staff (“Staff”) that it had failed to re-gain compliance for continued listing requirements of the Nasdaq Global Markets.

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HCW Biologics Announces Pricing of $6.9 Million Registered Direct Offering and Concurrent Private Placement Priced Above Market Under NASDAQ Rules

MIRAMAR, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (“HCWB” or “HCW Biologics”), (NASDAQ: HCWB), a U.S.-based clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 6,717,000 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering priced above market under Nasdaq rules.

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Why Is Penny Stock HCW Biologics Surging On Monday?

HCW Biologics Inc HCWB stock is trading higher during Monday premarket with a strong session volume of 10.03 million versus an average volume of 48.02K, as per data from Benzinga Pro.

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HCW Biologics and WY Biotech Announce License Agreement for Immunotherapeutic Product Candidate

HCW Biologics entered into License, Research and Co-Development Agreement with WY Biotech for one of its new proprietary preclinical molecules HCW Biologics to receive upfront payment of $7 million and is eligible to receive additional milestone payments and double-digit royalties on future product sales MIRAMAR, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (“HCWB” or “HCW Biologics”), (NASDAQ: HCWB), a U.S.-based clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, and WY Biotech Co., Ltd.

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HCW Biologics Reports Third Quarter 2024 Financial Results and Business Highlights

MIRAMAR, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its third quarter ended September 30, 2024.

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HCW Biologics Reports Second Quarter 2024 Financial Results and Business Highlights - Correction

This release has made a correction to a release issued under the same headline on August 14, 2024, by HCW Biologics, Inc. (NASDAQ: HCWB), to show the amount included in the condensed interim balance sheet for Cash and cash equivalents as of December 31, 2023 as $3,595,101, not $95,101 as previously stated. The full text of the corrected release is as follows: MIRAMAR, Fla.

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HCW Biologics Reports Second Quarter 2024 Financial Results and Business Highlights

MIRAMAR, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its second quarter ended June 30, 2024.

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HCW Biologics Reports First Quarter 2024 Financial Results and Business Highlights

MIRAMAR, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its first quarter ended March 31, 2024.

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HCW Biologics Reports Fourth Quarter 2023 and Fiscal Year End Financial Results And Business Highlights

MIRAMAR, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its fourth quarter and fiscal year ended December 31, 2023.

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HCW Biologics Reports Third Quarter 2023 Financial Results And Recent Business Highlights

MIRAMAR, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its third quarter ended September 30, 2023.

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Investigator Sponsor of HCW Biologics' Phase 1 Clinical Trial Presented Human Data Readout and Anti-Cancer Mechanism of Action of HCW9218 at 38th SITC Annual Meeting

Showed HCW9218 clinical safety and tumor response endpoints for 15 patients with heavily pretreated advanced solid tumors Results in ovarian cancer patients outpace other indications, with 66% stable disease MIRAMAR, Fla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- HCW Biologics Inc.  (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, announced results from a preliminary human data readout from an ongoing Phase 1 clinical trial sponsored by the University of Minnesota to evaluate HCW9218, the lead drug candidate of HCW Biologics, in patients with solid tumors who failed at least two prior lines of therapy.

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Masonic Cancer Center, University of Minnesota to Present Data in Poster Presentation Human Data Readout for Phase 1 Study to Evaluate HCW9218 in Solid Tumors at SITC 38th Annual Meeting

MIRAMAR, Fla., Nov. 01, 2023 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, will have a human data readout at the 38th Annual Meeting of the Society for Immunotherapy of Cancer (“SITC”) from an ongoing Phase 1 clinical trial to evaluate HCW9218 in patients with chemo-refractory/chemo-resistant solid tumors, conducted by the Masonic Cancer Center, University of Minnesota.

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HCW Biologics Participating at H.C. Wainwright 25th Annual Global Investment Conference in New York on September 11 – 13, 2023

Company will provide an update for clinical development and intellectual property programs, Including recent achievements and expected milestones in the next 12 months Company will provide an update for clinical development and intellectual property programs, Including recent achievements and expected milestones in the next 12 months

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HCW Biologics Reports Second Quarter 2023 Financial Results and Recent Business Highlights

MIRAMAR, Fla., Aug. 11, 2023 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company” or “HCW Biologics”) (NASDAQ: HCWB), a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen healthspan by disrupting the link between inflammation and age-related diseases, today reported financial results and recent business highlights for its second quarter ended June 30, 2023.

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HCW Biologics Inc (HCWB), Quotient Technology (QUOT) – Smith Micro Software And 3 Other Stocks Under $3 Insiders Are Aggressively Buying

US crude oil futures traded lower this morning on Wednesday. Investors, meanwhile, focused on some notable insider trades.

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HCW Biologics to Present at 2022 Virtual Growth Conference Sponsored by the Maxim Group and M-Vest

Founder and CEO, Hing C. Wong, Ph.D., to be guest at “Fireside Chat” Founder and CEO, Hing C. Wong, Ph.D., to be guest at “Fireside Chat”

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Masonic Cancer Center To Evaluate HCW Biologics' Bifunctional Fusion Protein In Advanced Cancers

The FDA cleared the Masonic Cancer Center, University of Minnesota to evaluate HCW Biologics Inc's (NASDAQ: HCWB) lead drug candidate, HCW9218, in Phase 1 trial in patients with advanced solid tumors with progressive disease after prior chemotherapies.  HCW9218 is an injectable, bifunctional fusion protein complex designed to drive anti-tumor activity by activating desired immune responses to attack cancer cells while simultaneously blocking unwanted immunosuppressive activities.

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HCW Biologics Lead Candidate Shows Preclinical Anti-Tumor Activity, Reduced Side Effects of Chemo

HCW Biologics Inc (NASDAQ: HCWB) has announced the publication of a scientific paper in Molecular Therapy highlighting preclinical data of its lead program, HCW9218. The preclinical data demonstrated that HCW9218 enhanced the anti-tumor efficacy of chemotherapy drugs and diminished their harmful side effects by reducing therapy-induced senescence (TIS).

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Good Penny Stocks to Buy Right Now? 3 to Watch in November

Are these penny stocks worth buying right now? The post Good Penny Stocks to Buy Right Now?

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Making a Penny Stocks Watchlist? Don't Forget These 3 Small-Caps

Three penny stocks that could be worth watching in the second half of October The post Making a Penny Stocks Watchlist? Don't Forget These 3 Small-Caps appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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HCW Biologics Showcases Scientific Paper in Molecular Therapy Highlighting Potential of HCW9218 as Novel, Bifunctional Cancer Immunotherapeutic

Lead Drug Candidate Engineered Using Tissue FactOr-Based FusIon (TOBI™) Platform

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HCW Biologics' Article Published in Cancer Immunology Research Validates Novel Tissue Factor Scaffold Fusion Protein (TOBI™) Discovery Platform

TOBI™ Discovery Platform Creates GMP-Scale Heteromeric Fusion Protein Complexes (HFPCs) That Solve Issues with Multi-Signal Receptor Engagement on Immune Cells

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HCW Biologics Reports Second Quarter Financial Results and Recent Business Highlights

MIRAMAR, Fla., Aug. 13, 2021 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company”) (NASDAQ: HCWB), an innovative, biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between chronic, low-grade inflammation and age-related diseases, today reported financial results and recent business highlights for its second quarter ended June 30, 2021.

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HCW Biologics Inc. Announces Closing of $56.0 Million Initial Public Offering

MIRAMAR, Fla., July 22, 2021 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (NASDAQ:HCWB) (the "Company"), an innovative preclinical stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between chronic, low-grade inflammation and age-related diseases, today announced the closing of its previously announced underwritten initial public offering of 7,000,000 shares of common stock at a public offering price of $8.00 per share for gross proceeds of $56.0 million, prior to deducting underwriting discounts, commissions, and other offering expenses. All of the shares of common stock were offered by the Company. The shares began trading on the Nasdaq Global Market on July 20, 2021, under the ticker symbol “HCWB.” In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,050,000 shares at the public offering price less the underwriting discounts and commissions.

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Related Metrics

Explore detailed financial metrics and analysis for HCWB.