Kiora Pharmaceuticals Key Executives

This section highlights Kiora Pharmaceuticals's key executives, including their titles and compensation details.

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Kiora Pharmaceuticals Earnings

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

Next Earnings Date

Date: May 09, 2025
Time: Before Market
Est. EPS: $-0.77
Status: Unconfirmed

Last Earnings Results

Date: March 25, 2025
EPS: $-1.04
Est. EPS: $-0.64
Revenue: $-

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

Kiora Pharmaceuticals, Inc. (KPRX)

Kiora Pharmaceuticals, Inc., a clinical-stage specialty pharmaceutical company, develops and commercializes therapies for the treatment of ophthalmic diseases in the United States. Its lead product is KIO-301, a potential vision-restoring small molecule, which is in Phase 1 clinical trial that acts as a photoswitch to restore vision in patients with inherited and age-related degenerative retinal diseases. The company is also developing KIO-101, an eye drop that is in Phase 2 clinical trial for the treatment of ocular presentation of rheumatoid arthritis, as well as for treating non-infectious posterior uveitis; and KIO-201, an eye drop, which is in Phase 3 clinical trial for treating patients undergoing PRK surgery for corneal wound repair after refractive surgery. The company was formerly known as Eyegate Pharmaceuticals, Inc. and changed its name to Kiora Pharmaceuticals, Inc. in November 2021. Kiora Pharmaceuticals, Inc. was incorporated in 1998 and is headquartered in Salt Lake City, Utah.

Healthcare Biotechnology

$3.20

Stock Price

$9.60M

Market Cap

12

Employees

Salt Lake City, UT

Location

Financial Statements

Access annual & quarterly financial statements for Kiora Pharmaceuticals, 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 $16.02M $- $- $- $12.06K
Cost of Revenue $- $4.03M $134.03K $227.27K $200.22K
Gross Profit $16.02M $-4.03M $-134.03K $-227.27K $-188.16K
Gross Profit Ratio 100.00% - - - -1560.34%
Research and Development Expenses $7.84M $4.03M $3.45M $5.35M $3.57M
General and Administrative Expenses $5.54M $4.66M $8.28M $5.32M $4.66M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $5.54M $4.66M $8.28M $5.32M $4.66M
Other Expenses $-1.89M $-130.32K $582.61K $6.27M $-
Operating Expenses $11.49M $8.56M $11.73M $10.67M $8.22M
Cost and Expenses $11.49M $12.59M $11.73M $10.67M $8.22M
Interest Income $1.25M $173.99K $56.89K $1.14K $23.34K
Interest Expense $21.45K $11.13K $8.60K $6.85K $4.19K
Depreciation and Amortization $19.20K $62.42K $134.03K $227.27K $200.22K
EBITDA $5.70M $-12.35M $-13.55M $-13.73M $-6.65M
EBITDA Ratio 35.58% - - - -55106.60%
Operating Income $4.51M $-12.59M $-12.31M $-16.94M $-8.19M
Operating Income Ratio 28.15% - - - -67911.24%
Total Other Income Expenses Net $1.15M $163.32K $-1.39M $272.48K $19.15K
Income Before Tax $5.66M $-12.42M $-13.70M $-16.70M $-8.08M
Income Before Tax Ratio 35.33% - - - -67002.94%
Income Tax Expense $2.07M $90.32K $-113.01K $-304.78K $12.05K
Net Income $3.59M $-12.51M $-13.58M $-16.39M $-8.09M
Net Income Ratio 22.44% - - - -67102.91%
EPS $0.93 $-24.25 $-18.55 $-68.00 $-70.50
EPS Diluted $0.87 $-24.25 $-18.55 $-68.00 $-70.50
Weighted Average Shares Outstanding 3.87M 538.01K 732.30K 241.10K 114.79K
Weighted Average Shares Outstanding Diluted 4.13M 538.01K 732.30K 241.10K 114.79K
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 $- $- $20.00K $16.00M $283.87K $- $- $- $- $- $- $- $- $- $- $- $12.06K $- $- $-
Cost of Revenue $15.99M $- $17.88K $16.21K $7.93K $42.38K $56.70K $42.86K $10.29K $36.60K $567.23K $61.88K $59.50K $58.18K $59.50K $50.09K $717.62K $985.88K $631.11K $938.04K
Gross Profit $-15.99M $- $2.12K $15.98M $275.94K $-42.38K $-56.70K $-42.86K $-10.29K $-36.60K $-567.23K $-61.88K $-59.50K $-58.18K $-59.50K $-50.09K $-705.56K $-985.88K $-631.11K $-938.04K
Gross Profit Ratio - 0.00% 10.62% 99.90% 97.20% - - - - - - - - - - - -5850.87% - - -
Research and Development Expenses $4.12M $1.32M $906.68K $1.49M $1.11M $1.09M $1.39M $438.28K $841.62K $1.33M $567.23K $707.93K $1.00M $1.63M $1.44M $1.28M $1.01M $985.88K $631.11K $938.04K
General and Administrative Expenses $1.33M $1.38M $1.54M $1.30M $880.55K $1.42M $1.10M $1.27M $2.78M $2.03M $1.80M $1.66M $1.38M $1.34M $1.31M $1.30M $1.51M $1.02M $1.09M $1.03M
Selling and Marketing Expenses $34.09K $- $-17.88K $-16.21K $-7.93K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $1.36M $1.38M $1.52M $1.28M $872.62K $1.42M $1.10M $1.27M $2.78M $2.03M $1.80M $1.66M $1.38M $1.34M $1.31M $1.30M $1.51M $1.02M $1.09M $1.03M
Other Expenses $-2.89M $904.01K $-18.86K $8.07K $-65.65K $105.72K $-25.89K $14.67K $245.09K $937 $32.94K $1.20M $6.27M $- $- $- $- $- $- $-
Operating Expenses $2.56M $3.60M $2.43M $2.77M $1.98M $2.50M $2.49M $1.71M $3.62M $3.37M $2.37M $2.37M $2.38M $2.97M $2.75M $2.58M $2.53M $2.01M $1.72M $1.97M
Cost and Expenses $2.56M $3.60M $2.44M $2.79M $1.99M $2.50M $2.49M $1.71M $3.62M $3.37M $2.37M $2.37M $2.38M $2.97M $2.75M $2.58M $2.53M $2.01M $1.72M $1.97M
Interest Income $438.86K $248.84K $342.10K $223.05K $45.52K $49.91K $45.09K $33.47K $56.89K $7.86K $1.24K $217 $300 $259 $332 $250 $224 $331 $4.34K $18.44K
Interest Expense $21.45K $- $- $- $37.00K $- $- $- $738 $7.86K $- $217 $4.13K $- $2.03K $686 $4.19K $- $- $-
Depreciation and Amortization $5.91K $2.10K $17.88K $16.21K $7.93K $42.38K $56.70K $42.86K $10.29K $36.60K $46.42K $61.88K $59.50K $58.18K $59.50K $50.09K $9.06K $8.64K $8.64K $7.07K
EBITDA $-2.40M $-2.70M $-2.42M $13.47M $-6.78M $-2.49M $-2.47M $-1.70M $-2.60M $-3.36M $-2.35M $-2.36M $-5.88M $-2.96M $-2.41M $-2.53M $-2.43M $-2.00M $-1.71M $-1.96M
EBITDA Ratio - - -12091.62% 84.18% -2388.74% - - - - - - - - - - - -20169.49% - - -
Operating Income $-2.56M $-3.60M $-2.42M $13.21M $-1.99M $-5.92M $-2.63M $-1.92M $-2.63M $-3.70M $-2.40M $-3.57M $-8.65M $-2.97M $-2.75M $-2.58M $-2.51M $-2.01M $-1.72M $-1.97M
Operating Income Ratio - - -12123.25% 82.56% -701.80% - - - - - - - - - - - -20843.06% - - -
Total Other Income Expenses Net $406.19K $188.91K $323.24K $243.31K $-59.64K $155.63K $19.20K $48.13K $23.54K $-1.42M $1.24K $4.43K $424.65K $68.27K $350.21K $-570.64K $109.75K $331 $4.34K $18.44K
Income Before Tax $-2.16M $-3.41M $-2.22M $13.45M $-2.18M $-5.76M $-2.61M $-1.87M $-2.61M $-5.12M $-2.40M $-3.57M $-8.68M $-2.97M $-2.47M $-2.58M $-2.40M $-2.01M $-1.72M $-1.95M
Income Before Tax Ratio - - -11108.23% 84.08% -767.35% - - - - - - - - - - - -19932.91% - - -
Income Tax Expense $2.07M $- $3 $-2 $90.32K $3.37M $98.53K $369.72K $113.01K $1.42M $-36.14K $-4.43K $304.78K $259 $2.03K $250 $12.05K $331 $4.34K $18.44K
Net Income $-4.22M $-3.41M $-2.22M $13.45M $-2.27M $-5.76M $-2.61M $-2.24M $-2.72M $-6.54M $-2.40M $-3.56M $-8.38M $-2.97M $-2.47M $-2.58M $-2.42M $-2.01M $-1.72M $-1.95M
Net Income Ratio - - -11108.23% 84.08% -799.17% - - - - - - - - - - - -20032.88% - - -
EPS $-1.09 $-0.81 $-0.53 $0.52 $-0.29 $-0.81 $-0.79 $-1.20 $-1.52 $-7.70 $-7.35 $-11.25 $-32.65 $-11.56 $-13.23 $-14.03 $-21.25 $-17.65 $-15.13 $-17.26
EPS Diluted $-1.02 $-0.81 $-0.53 $0.38 $-0.29 $-0.81 $-0.79 $-1.20 $-1.52 $-7.70 $-7.35 $-10.91 $-32.65 $-11.09 $-13.23 $-14.03 $-21.25 $-17.65 $-15.13 $-17.26
Weighted Average Shares Outstanding 3.87M 4.21M 4.17M 25.94M 7.71M 7.11M 3.29M 1.86M 1.80M 848.53K 326.64K 316.38K 256.63K 256.63K 186.66K 183.95K 113.69K 113.69K 113.49K 113.12K
Weighted Average Shares Outstanding Diluted 4.13M 4.21M 4.17M 35.03M 7.71M 7.11M 3.29M 1.86M 1.80M 848.53K 326.64K 326.46K 256.63K 267.59K 186.66K 183.95K 113.69K 113.69K 113.49K 113.12K
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 $3.79M $2.45M $5.96M $7.85M $1.19M
Short Term Investments $23.00M $- $- $- $-
Cash and Short Term Investments $26.79M $2.45M $5.96M $7.85M $1.19M
Net Receivables $871.44K $2.05M $1.37M $529.56K $90.97K
Inventory $- $- $- $- $-
Other Current Assets $2.04M $233.38K $343.07K $1.21M $449.57K
Total Current Assets $29.71M $4.74M $7.68M $8.99M $1.81M
Property Plant Equipment Net $62.40K $114.95K $172.17K $283.41K $30.57K
Goodwill $- $- $- $- $3.48M
Intangible Assets $6.69M $8.81M $10.74M $8.70M $9.73M
Goodwill and Intangible Assets $6.69M $8.81M $10.74M $8.70M $13.21M
Long Term Investments $- $- $49.26K $45.00K $45.00K
Tax Assets $- $- $-49.26K $-45.00K $-45.00K
Other Non-Current Assets $28.97K $45.03K $82.26K $87.96K $102.07K
Total Non-Current Assets $6.78M $8.97M $11.00M $9.07M $13.35M
Other Assets $- $1 $0 $0 $0
Total Assets $36.48M $13.71M $18.68M $18.06M $15.16M
Account Payables $415.59K $206.26K $1.01M $160.62K $434.76K
Short Term Debt $23.36K $47.07K $211.56K $237.69K $260.58K
Tax Payables $2.33M $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $3.24M $1.38M $2.05M $1.21M $1.29M
Total Current Liabilities $6.01M $1.63M $3.27M $1.61M $1.77M
Long Term Debt $33.81K $59.82K $- $90.57K $313.81K
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $490.69K $779.44K $689.12K $614.44K $728.93K
Other Non-Current Liabilities $4.19M $5.13M $3.31M $3.85M $2.55M
Total Non-Current Liabilities $4.72M $5.97M $4.00M $7.22M $6.39M
Other Liabilities $- $- $0 $- $-
Total Liabilities $10.72M $7.60M $7.27M $8.83M $8.16M
Preferred Stock $4 $4 $- $- $41
Common Stock $267.68K $77.08K $17.99K $126.64K $55.56K
Retained Earnings $-143.38M $-146.98M $-134.46M $-124.73M $-108.34M
Accumulated Other Comprehensive Income Loss $-282.16K $-182.80K $-182.74K $-86.43K $-802
Other Total Stockholders Equity $169.16M $153.19M $146.04M $135.42M $116.78M
Total Stockholders Equity $25.76M $6.11M $11.41M $9.22M $7.00M
Total Equity $25.76M $6.11M $11.41M $9.22M $7.00M
Total Liabilities and Stockholders Equity $36.48M $13.71M $18.68M $18.06M $15.16M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $36.48M $13.71M $18.68M $18.06M $15.16M
Total Investments $23.00M $4.27K $49.26K $45.00K $45.00K
Total Debt $57.17K $106.89K $105.78K $209.41K $362.12K
Net Debt $-3.74M $-2.35M $-5.86M $-7.65M $-823.56K


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 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $3.79M $5.64M $6.58M $31.28M $2.45M $5.40M $7.95M $3.43M $5.96M $4.80M $2.43M $5.07M $7.85M $11.11M $3.66M $6.61M $1.19M $2.93M $4.69M $5.88M
Short Term Investments $23.00M $23.40M $21.24M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $26.79M $29.04M $27.82M $31.28M $2.45M $5.40M $7.95M $3.43M $5.96M $4.80M $2.43M $5.07M $7.85M $11.11M $3.66M $6.61M $1.19M $2.93M $4.69M $5.88M
Net Receivables $871.44K $1.78M $3.67M $2.00M $2.05M $1.34M $804.51K $1.70M $1.37M $1.56M $552.95K $552.24K $529.56K $421.46K $311.17K $147.10K $90.97K $2.77K $1.52K $5.34K
Inventory $- $- $- $1 $1 $166.23K $198.66K $400.05K $- $134.38K $- $- $- $- $- $- $- $- $- $-
Other Current Assets $2.04M $834.13K $195.82K $206.67K $233.38K $239.39K $266.50K $488.95K $343.07K $260.00K $1.40M $930.35K $1.21M $683.26K $881.57K $466.98K $540.54K $1.07M $911.38K $877.19K
Total Current Assets $29.71M $31.65M $31.83M $33.48M $4.74M $6.98M $9.02M $5.62M $7.68M $6.62M $4.38M $6.55M $8.99M $11.87M $4.42M $6.99M $1.81M $3.50M $5.20M $6.39M
Property Plant Equipment Net $62.40K $135.25K $145.81K $107.22K $114.95K $57.34K $95.10K $135.85K $172.17K $206.65K $238.48K $225.61K $283.41K $338.05K $391.69K $326.99K $30.57K $11.25K $13.64K $16.03K
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $3.48M $3.48M $3.48M $3.48M $1.53M $1.53M $1.53M
Intangible Assets $6.69M $6.69M $8.80M $8.81M $8.81M $8.82M $10.73M $10.74M $10.74M $10.75M $10.76M $10.76M $8.70M $9.71M $9.72M $9.72M $9.73M $4.11M $4.12M $4.12M
Goodwill and Intangible Assets $6.69M $6.69M $8.80M $8.81M $8.81M $8.82M $10.73M $10.74M $10.74M $10.75M $10.76M $10.76M $8.70M $13.20M $13.20M $13.21M $13.21M $5.64M $5.64M $5.65M
Long Term Investments $- $- $4.18K $4.08K $4.27K $4.03K $4.15K $4.18K $49.26K $49.04K $49.31K $45.00K $45.00K $45.00K $45.00K $45.00K $- $- $- $-
Tax Assets $- $- $- $- $-1 $-4.03K $-4.15K $-4.18K $-49.26K $-49.04K $-49.31K $-45.00K $-45.00K $-45.00K $-45.00K $-45.00K $- $- $- $-
Other Non-Current Assets $28.97K $34.37K $32.12K $39.41K $40.77K $36.03K $36.52K $36.85K $82.26K $82.06K $88.67K $98.82K $87.96K $89.25K $90.92K $94.00K $102.07K $98.03K $111.34K $126.02K
Total Non-Current Assets $6.78M $6.86M $8.98M $8.96M $8.97M $8.91M $10.86M $10.91M $11.00M $11.04M $11.08M $11.09M $9.07M $13.62M $13.68M $13.63M $13.35M $5.75M $5.77M $5.79M
Other Assets $- $- $1 $- $1 $-0 $- $- $0 $- $- $- $- $- $- $- $- $- $- $-
Total Assets $36.48M $38.51M $40.81M $42.44M $13.71M $15.90M $19.88M $16.53M $18.68M $17.66M $15.46M $17.64M $18.06M $25.49M $18.10M $20.62M $15.16M $9.25M $10.97M $12.19M
Account Payables $415.59K $660.41K $268.64K $323.06K $206.26K $125.41K $131.32K $587.47K $1.01M $749.19K $785.77K $302.26K $160.62K $424.89K $292.32K $457.35K $434.76K $59.53K $94.30K $158.03K
Short Term Debt $23.36K $33.45K $84.25K $47.85K $94.14K $37.45K $78.02K $146.58K $105.78K $262.96K $275.34K $184.63K $237.69K $289.48K $340.11K $165.58K $96.61K $123.22K $205.16K $290.13K
Tax Payables $2.33M $150.00K $100.00K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $100.00K $- $- $1.46M $1.40M $- $- $- $1.63M $- $- $- $- $- $- $- $- $-
Other Current Liabilities $3.24M $2.68M $1.20M $1.22M $1.33M $1.94M $1.67M $1.42M $2.16M $1.98M $1.80M $2.03M $1.21M $1.24M $804.01K $802.67K $1.24M $747.44K $516.29K $346.02K
Total Current Liabilities $6.01M $3.53M $1.66M $1.59M $1.63M $2.10M $1.88M $2.16M $3.27M $2.99M $2.86M $2.52M $1.61M $1.96M $1.44M $1.43M $1.77M $930.19K $815.74K $794.17K
Long Term Debt $33.81K $39.19K $40.20K $46.45K $59.82K $- $- $- $- $4.76K $28.14K $65.99K $90.57K $114.47K $137.96K $438.13K $313.81K $278.19K $278.19K $-
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $490.69K $779.44K $779.44K $779.44K $779.44K $689.12K $689.12K $689.12K $689.12K $802.13K $802.13K $802.13K $614.44K $728.93K $728.93K $728.93K $728.93K $365.36K $365.36K $365.36K
Other Non-Current Liabilities $4.19M $4.13M $5.24M $5.12M $5.13M $5.00M $3.67M $3.53M $3.31M $3.34M $3.01M $2.99M $3.85M $5.34M $5.34M $5.34M $5.34M $1.71M $1.71M $1.71M
Total Non-Current Liabilities $4.72M $4.95M $6.06M $5.94M $5.97M $5.69M $4.36M $4.22M $4.00M $4.15M $3.84M $3.86M $7.22M $6.19M $6.21M $6.51M $6.39M $2.35M $2.35M $2.08M
Other Liabilities $- $- $- $- $- $- $- $- $0 $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $10.72M $8.48M $7.71M $7.54M $7.60M $7.79M $6.24M $6.37M $7.27M $7.14M $6.70M $6.38M $8.83M $8.15M $7.65M $7.94M $8.16M $3.28M $3.17M $2.87M
Preferred Stock $4 $4 $4 $4 $4 $5 $10 $- $- $- $1 $- $- $- $41 $41 $41 $41 $41 $41
Common Stock $267.68K $267.68K $267.37K $262.58K $77.08K $76.92K $69.13K $19.21K $17.99K $10.79K $130.68K $126.64K $126.64K $126.19K $70.98K $70.98K $55.56K $46.27K $46.27K $46.27K
Retained Earnings $-143.38M $-139.16M $-135.75M $-133.52M $-146.98M $-144.71M $-138.95M $-136.33M $-134.46M $-131.96M $-126.85M $-124.44M $-124.73M $-116.36M $-113.39M $-110.92M $-108.34M $-105.92M $-103.92M $-102.20M
Accumulated Other Comprehensive Income Loss $-282.16K $-75.21K $-245.74K $-264.37K $-182.80K $-266.17K $-225.86K $-215.41K $-182.74K $-263.40K $-224.86K $-58.59K $-86.43K $-59.87K $-15.14K $9.67K $-802 $122.52K $139.63K $139.65K
Other Total Stockholders Equity $169.16M $169.00M $168.83M $168.43M $153.19M $153.00M $152.74M $146.68M $146.04M $142.74M $135.70M $135.63M $135.42M $133.64M $123.79M $123.52M $115.28M $111.72M $111.53M $111.33M
Total Stockholders Equity $25.76M $30.03M $33.10M $34.90M $6.11M $8.10M $13.64M $10.16M $11.41M $10.52M $8.76M $11.26M $9.22M $17.35M $10.45M $12.69M $7.00M $5.96M $7.80M $9.32M
Total Equity $25.76M $30.03M $33.10M $34.90M $6.11M $8.10M $13.64M $10.16M $11.41M $10.52M $8.76M $11.26M $9.22M $17.35M $10.45M $12.69M $7.00M $5.96M $7.80M $9.32M
Total Liabilities and Stockholders Equity $36.48M $38.51M $40.81M $42.44M $13.71M $15.90M $19.88M $16.53M $18.68M $17.66M $15.46M $17.64M $18.06M $25.49M $18.10M $20.62M $15.16M $9.25M $10.97M $12.19M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $36.48M $38.51M $40.81M $42.44M $13.71M $15.90M $19.88M $16.53M $18.68M $17.66M $15.46M $17.64M $18.06M $25.49M $18.10M $20.62M $15.16M $9.25M $10.97M $12.19M
Total Investments $23.00M $23.40M $21.25M $4.08K $4.27K $4.03K $4.15K $4.18K $49.26K $49.04K $49.31K $45.00K $45.00K $45.00K $45.00K $45.00K $- $- $- $-
Total Debt $57.17K $72.64K $82.32K $94.30K $106.89K $18.73K $39.01K $73.29K $105.78K $136.25K $165.81K $158.31K $209.41K $259.22K $308.01K $520.92K $362.12K $339.80K $380.77K $145.06K
Net Debt $-3.74M $-5.56M $-6.49M $-31.18M $-2.35M $-5.38M $-7.91M $-3.35M $-5.86M $-4.67M $-2.26M $-4.91M $-7.65M $-10.85M $-3.36M $-6.09M $-823.56K $-2.59M $-4.31M $-5.73M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $3.59M $-12.51M $-13.58M $-16.39M $-8.09M
Depreciation and Amortization $19.20K $62.42K $41.61K $45.30K $33.40K
Deferred Income Tax $-288.75K $90.32K $-113.01K $-304.78K $12.05K
Stock Based Compensation $656.59K $754.94K $462.45K $842.48K $723.86K
Change in Working Capital $3.67M $-1.82M $668.51K $-1.04M $-321.21K
Accounts Receivables $1.03M $- $-872.74K $-441.20K $-18.96K
Inventory $- $- $872.74K $441.20K $18.96K
Accounts Payables $226.12K $-808.02K $782.46K $-310.67K $136.70K
Other Working Capital $2.41M $-1.01M $-113.95K $-725.13K $-457.91K
Other Non Cash Items $911.27K $3.87M $2.10M $5.96M $326.67K
Net Cash Provided by Operating Activities $8.56M $-9.56M $-10.43M $-10.89M $-7.32M
Investments in Property Plant and Equipment $-6.26K $1 $- $-63.87K $-133.79K
Acquisitions Net $- $- $6.38K $-93.16K $-110.64K
Purchases of Investments $-35.63M $- $- $- $-
Sales Maturities of Investments $12.98M $- $- $- $-
Other Investing Activities $- $- $6 $0 $-114
Net Cash Used for Investing Activities $-22.66M $- $6.38K $-157.02K $-244.44K
Debt Repayment $- $- $- $-212.28K $278.19K
Common Stock Issued $15.00M $6.15M $5.38M $17.75M $5.00M
Common Stock Repurchased $- $- $-15.63K $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $499.29K $-187.92K $3.26M $50.00K $-280.69K
Net Cash Used Provided by Financing Activities $15.50M $5.97M $8.62M $17.80M $5.00M
Effect of Forex Changes on Cash $-57.23K $36.02K $-85.04K $-81.50K $-26.93K
Net Change in Cash $1.34M $-3.55M $-1.89M $6.67M $-2.59M
Cash at End of Period $3.80M $2.46M $6.01M $7.90M $1.23M
Cash at Beginning of Period $2.46M $6.01M $7.90M $1.23M $3.82M
Operating Cash Flow $8.56M $-9.56M $-10.43M $-10.89M $-7.32M
Capital Expenditure $-6.26K $1 $- $-63.87K $-133.79K
Free Cash Flow $8.55M $-9.56M $-10.43M $-10.95M $-7.45M

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 $-4.22M $-3.41M $-2.22M $13.45M $-2.27M $-5.76M $-2.61M $-1.87M $-2.50M $-5.12M $-2.40M $-3.57M $-8.38M $-2.97M $-2.47M $-2.58M $-2.42M $-2.01M $-1.72M $-1.95M
Depreciation and Amortization $5.91K $2.10K $17.88K $16.21K $7.93K $11.31K $22.48K $10.08K $10.29K $10.27K $10.28K $10.77K $11.04K $11.06K $12.60K $10.60K $9.06K $8.64K $8.64K $7.07K
Deferred Income Tax $-288.75K $- $- $- $90.32K $1.90M $- $- $-113.01K $- $- $- $-304.78K $- $- $- $12.05K $- $- $-
Stock Based Compensation $160.18K $171.18K $149.79K $175.44K $182.34K $264.86K $171.79K $135.94K $45.12K $130.15K $71.25K $215.92K $213.17K $149.47K $262.89K $216.94K $193.15K $187.73K $197.05K $145.92K
Change in Working Capital $-1.56M $3.30M $-1.73M $-7.81K $-606.84K $-483.12K $856.78K $-1.59M $469.95K $222.16K $-248.75K $225.15K $-778.13K $489.06K $-490.47K $-256.26K $450.11K $29.25K $1.83K $-802.40K
Accounts Receivables $-1.07M $2.72M $-1.64M $-10.82K $-529.11K $-575.17K $888.47K $-332.29K $301.37K $-1.11M $-34.55K $-33.50K $-106.10K $-112.45K $-162.94K $-59.71K $- $- $- $-
Inventory $- $- $- $- $1.57M $575.17K $-888.47K $-1.26M $-301.37K $1.11M $- $- $- $- $- $- $- $- $- $-
Accounts Payables $-224.86K $384.56K $-58.55K $124.97K $40.63K $15.01K $-508.04K $-355.63K $147.31K $-6.29K $499.80K $141.64K $-300.79K $132.57K $-165.03K $22.58K $287.45K $-34.76K $-63.73K $-52.26K
Other Working Capital $-271.15K $194.15K $-27.14K $-121.97K $-118.36K $-498.13K $1.36M $355.63K $322.64K $228.45K $-714.00K $83.51K $-477.34K $356.50K $-325.44K $-278.85K $162.66K $64.01K $65.56K $-750.13K
Other Non Cash Items $3.66M $861.79K $1.93M $81.52K $13.50K $1.54M $177.84K $241.70K $-42.90K $1.79M $69.08K $280.78K $5.83M $47.13K $46.90K $39.49K $41.93K $40.97K $42.49K $201.29K
Net Cash Provided by Operating Activities $-2.25M $920.06K $-3.73M $13.62M $-2.58M $-2.52M $-1.38M $-3.07M $-2.13M $-2.97M $-2.50M $-2.83M $-3.41M $-2.27M $-2.64M $-2.57M $-1.71M $-1.74M $-1.47M $-2.40M
Investments in Property Plant and Equipment $45.03K $- $-51.29K $- $- $- $- $- $- $- $- $- $63.87K $- $-5.75K $-58.12K $-20.08K $- $- $-
Acquisitions Net $- $- $- $- $- $- $- $- $- $- $- $6.38K $-93.16K $- $- $- $-110.64K $- $- $-
Purchases of Investments $-6.54M $-7.80M $-21.29M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $6.98M $5.88M $115.65K $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $- $- $-21.17M $- $- $- $- $- $6.38K $- $- $6.38K $-63.87K $- $- $- $-113.72K $- $- $-
Net Cash Used for Investing Activities $482.68K $-1.92M $-21.22M $- $-236 $- $- $- $6.38K $1 $- $6.38K $-93.16K $- $-5.75K $-58.12K $-244.44K $-498.69K $- $-
Debt Repayment $- $- $- $- $- $- $- $- $- $- $- $- $278.19K $- $- $- $- $- $- $-
Common Stock Issued $- $-15.50M $-1.14K $15.00M $-813.32K $-813.32K $6.75M $214.68K $- $5.88M $- $- $1.00M $9.76M $- $7.99M $- $498.69K $- $4.50M
Common Stock Repurchased $- $- $1.19M $-1.19M $- $- $- $- $-15.63K $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $15.00M $- $-939.53K $1.44M $326.90K $813.32K $-813.32K $298.50K $3.26M $-505.02K $- $- $-1.00M $- $-278.19K $50.00K $218.00K $- $278.19K $-
Net Cash Used Provided by Financing Activities $- $- $250.52K $15.25M $-486.42K $- $5.94M $513.17K $3.24M $5.38M $- $- $278.19K $9.76M $-278.19K $8.04M $218.00K $498.69K $278.19K $4.50M
Effect of Forex Changes on Cash $-75.48K $62.30K $6.98K $-51.02K $122.18K $-30.17K $-28.84K $-27.14K $48.96K $-36.47K $-136.21K $38.67K $-27.13K $-42.54K $-25.96K $14.12K $-9.77K $-17.32K $-119 $280
Net Change in Cash $-1.85M $-938.03K $-24.70M $28.82M $-2.95M $-2.55M $4.53M $-2.58M $1.16M $2.37M $-2.64M $-2.79M $-3.25M $7.44M $-2.95M $5.42M $-1.75M $-1.76M $-1.19M $2.10M
Cash at End of Period $3.80M $5.64M $6.58M $31.28M $2.45M $5.40M $7.96M $3.43M $6.01M $4.85M $2.48M $5.11M $7.90M $11.15M $3.71M $6.66M $1.23M $2.98M $4.73M $5.92M
Cash at Beginning of Period $5.64M $6.58M $31.28M $2.45M $5.40M $7.96M $3.43M $6.01M $4.85M $2.48M $5.11M $7.90M $11.15M $3.71M $6.66M $1.23M $2.98M $4.73M $5.92M $3.82M
Operating Cash Flow $-2.25M $920.06K $-3.73M $13.62M $-2.58M $-2.52M $-1.38M $-3.07M $-2.13M $-2.97M $-2.50M $-2.83M $-3.41M $-2.27M $-2.64M $-2.57M $-1.71M $-1.74M $-1.47M $-2.40M
Capital Expenditure $45.03K $- $-51.29K $- $- $- $- $- $- $- $- $- $63.87K $- $-5.75K $-58.12K $-20.08K $- $- $-
Free Cash Flow $-2.21M $920.06K $-3.78M $13.62M $-2.58M $-2.52M $-1.38M $-3.07M $-2.13M $-2.97M $-2.50M $-2.83M $-3.35M $-2.27M $-2.64M $-2.63M $-1.73M $-1.74M $-1.47M $-2.40M

Kiora Pharmaceuticals Dividends

Explore Kiora Pharmaceuticals's dividend history, including dividend yield, payout ratio, and historical payments.

Kiora Pharmaceuticals does not currently pay a dividend.

Kiora Pharmaceuticals News

Read the latest news about Kiora Pharmaceuticals, including recent articles, headlines, and updates.

Kiora Pharmaceuticals to Present at The 24th Annual Needham Virtual Healthcare Conference

Ecinitas, California--(Newsfile Corp. - April 4, 2025) - Kiora Pharmaceuticals (NASDAQ: KPRX) invites investors to view the Company's online presentation at the 24th Annual Needham Virtual Healthcare Conference on Thursday, April 10th, 2025, at 2:15 pm EDT. President & CEO, Brian M.

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Kiora Pharmaceuticals Reports 2024 Results; Retinal Disease Drug Development Pipeline Continues to Advance; Cash and Short-Term Investments Expected to Fund Operations into 2027

Encinitas, California--(Newsfile Corp. - March 25, 2025) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced its 2024 financial results and provided an update on its pipeline of therapeutics for the treatment of retinal diseases. Key fourth quarter and 2025 year-to-date corporate highlights include: Received approval to initiate KLARITY, a Phase 2 trial of KIO-104 for the treatment retinal inflammation.

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Kiora Pharmaceuticals to Present Preclinical Data on KIO-104 for the Treatment of Proliferative Vitreoretinopathy at the ARVO 2025 Annual Meeting

Encinitas, California--(Newsfile Corp. - March 12, 2025) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX), ("Kiora" or the "Company") announced their abstract of a preclinical study of KIO-104 in a proliferative vitreoretinopathy (PVR) model was accepted for poster presentation at the Association for Research in Vision and Ophthalmology (ARVO) meeting in Salt Lake City, UT, May 4-8, 2025. The findings support KIO-104 as a promising therapeutic candidate for both the prevention and treatment of PVR.

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Kiora Pharmaceuticals Secures U.S. Composition-of-Matter Patent Expanding Protection of Its Anti-Inflammatory Compound KIO-104

Encinitas, California--(Newsfile Corp. - February 13, 2025) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) today announced that the U.S. Patent and Trademark Office has issued a composition-of-matter patent (US-12209073-B2) on a specific crystalline form, or polymorph, of KIO-104. KIO-104 is a novel, non-steroidal anti-inflammatory, small molecule inhibitor of dihydroorotate dehydrogenase (DHODH).

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Kiora Receives Approval to Initiate KLARITY, a Phase 2 Clinical Trial of KIO-104 for the Treatment of Retinal Macular Edema

Encinitas, California--(Newsfile Corp. - February 11, 2025) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced it received regulatory approval to initiate KLARITY, a Phase 2 clinical trial to investigate KIO-104 in patients with retinal macular edema, a condition where build-up of fluid behind part of the retina can be associated with adverse vision changes. KIO-104 is a potent, locally delivered small molecule being developed as an alternative to steroids or systemic anti-inflammatory drugs, both of which have known shortcomings.

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Kiora Pharmaceuticals Reports Third Quarter Results; Retinal Disease Pipeline Advancing Two Phase 2 Studies

Encinitas, California--(Newsfile Corp. - November 8, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced third quarter 2024 financial results and provided an update on its pipeline of therapeutics for the treatment of retinal diseases. Key third quarter and recent corporate highlights include: Investigational new drug application approval to initiate ABACUS-2, the Phase 2 study of KIO-301, a novel molecular photoswitch, for the treatment of retinitis pigmentosa.

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Kiora Pharmaceuticals Receives Investigational New Drug Approval to Initiate ABACUS-2, a Phase 2 Clinical Trial of KIO-301 for the Treatment of Retinitis Pigmentosa

Encinitas, California--(Newsfile Corp. - October 29, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced it received regulatory approval to initiate a Phase 2 clinical trial to investigate KIO-301 for vision restoration in patients with retinitis pigmentosa. The ABACUS-2 trial will be a 36 patient, multi-center, double-masked, randomized, controlled, multiple dose study enrolling patients with ultra-low vision or no light perception regardless of their underlying gene mutation associated with retinitis pigmentosa.

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Kiora Pharmaceuticals to Participate in Upcoming Investor Conferences

Encinitas, California--(Newsfile Corp. - September 25, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) (KPRX) ("Kiora" or the "Company"), will participate in the following investor conferences. The presentations will be accessible live and on-demand for 90 days from our IR homepage (ir.kiorapharma.com).

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Kiora Pharmaceuticals Reports Second Quarter Results; Retinal Disease Drug Development Pipeline Advancing Toward Two Phase 2 Studies

Encinitas, California--(Newsfile Corp. - August 9, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") announces second quarter 2024 financial results and provides an update on its pipeline of therapeutics for the treatment of retinal diseases. During the quarter, Kiora finalized the trial design for the Phase 2 study (ABACUS-2) of KIO-301, a novel molecular photoswitch, for the treatment of retinitis pigmentosa through our partnership with Théa Open Innovation (TOI).

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Kiora Pharmaceuticals Receives European Orphan Medicinal Product Designation for KIO-301 for the Treatment of Inherited Retinal Dystrophies

Encinitas, California--(Newsfile Corp. - July 30, 2024) - Kiora Pharmaceuticals (NASDAQ: KPRX) ("Kiora" or the "Company") today announced it has received Orphan Medicinal Product Designation from the European Medicines Agency (EMA) for the treatment of a group of inherited retinal diseases (IRDs) that include retinitis pigmentosa (RP), choroideremia and more. The broad designation covers KIO-301, a small molecule photoswitch, for the treatment of non-syndromic rod-dominant retinal dystrophies.

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Kiora Pharmaceuticals to Participate in Jones Healthcare Seaside Summit 2024; Kiora Invites Investors to Submit Questions Following the Conference Presentation

Encinitas, California--(Newsfile Corp. - July 10, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) (KPRX) ("Kiora" or the "Company"), today announced that Eric Daniels, M.D., Chief Development Officer, will present at the Jones Trading Healthcare Seaside Summit on Monday, July 15 at 6:15 pm Eastern Time (3:15 PM Pacific Time).

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Biotech Executive Lisa Walters-Hoffert Joins Kiora Pharmaceuticals' Board of Directors

Ken Gayron to Step Down as a Member of the Company's Board Encinitas, California--(Newsfile Corp. - July 1, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced that it has appointed Lisa Walters-Hoffert as an independent member to the Company's Board of Directors. Ms. Walters-Hoffert is a seasoned biotech executive bringing decades of experience in strategic development, governance, finance and capital markets to the Company's Board.

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Vitreoretinal Surgeon and Key Thought Leader Roger Goldberg, M.D., Joins Kiora Pharmaceuticals' Scientific Advisory Board

Encinitas, California--(Newsfile Corp. - June 25, 2024) - Kiora Pharmaceuticals (NASDAQ: KPRX) has appointed Roger A. Goldberg, MD, MBA, a vitreoretinal surgeon at Bay Area Retina Associates (BARA) to its Scientific Advisory Board.

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Is Kiora Pharmaceuticals (KPRX) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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Kiora Pharmaceuticals Reports First Quarter Results; Update on Pipeline of Drugs Targeting Retinal Disease

Phase 2 trial for KIO-301 for the treatment of retinitis pigmentosa, in partnership with Théa Open Innovation, expected to be initiated in Q4 2024 Phase 2 clinical trial for KIO-104 for retinal inflammation expected to begin in 2025 Ended Q1 2024 with $31.3 million in cash and cash equivalents, providing an expected runway of more than two years Encinitas, California--(Newsfile Corp. - May 10, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") announces first quarter 2024 financial results and updates on its development pipeline of treatments for retinal disease. "Our balance sheet and strategic partnership with Théa Open Innovation (TOI) put us in a strong position to advance our two retinal programs, KIO-301 and KIO-104, into mid-stage clinical trials," said Brian M.

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Kiora Pharmaceuticals to Present at The Citizens JMP Life Sciences Conference

Encinitas, California--(Newsfile Corp. - May 8, 2024) - Kiora Pharmaceuticals (NASDAQ: KPRX) invites investors to view the Company's online presentation at The Citizens JMP Life Sciences Conference on Tuesday May 14th, 2024 at 1:00 pm EDT. Kiora's presentations can be accessed live from the homepage of the investor relations section on Kiora's website (ir.kiorapharma.com) and will be available for replay for 90 days on the investor relations "events" page.

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Kiora Pharmaceuticals Reports Additional Clinical Data for KIO-301 Showing a Statistically Significant Increase in Brain Activity in the Visual Cortex in Patients with Retinitis Pigmentosa

Previously released ABACUS-1 clinical trial results reported KIO-301, a small molecule photoswitch, is safe, tolerable, and improved vision in patients with late-stage retinitis pigmentosa. Additional analysis of functional MRI data demonstrated a statistically significant increase in neural activity over baseline within the brain's visual processing center.

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Kiora Pharmaceuticals Receives Grant from Choroideremia Research Foundation to Fund Novel Clinical Trial Endpoints for Inherited Retinal Diseases; Approval Granted to Initiate Clinical Validation Study

Encinitas, California--(Newsfile Corp. - April 11, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) has received grant funding from the Choroideremia Research Foundation (CRF) in support of validating functional vision assessments for patients with profound blindness. Functional vision assessments are task-oriented challenges designed to mimic real-world environments.

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Kiora Pharmaceuticals to Present at Upcoming Investor Conferences

Encinitas, California--(Newsfile Corp. - April 5, 2024) - Kiora Pharmaceuticals (NASDAQ: KPRX) invites investors to view the Company's online presentations from two upcoming investor conferences. Kiora will present at The 23rd Annual Needham Virtual Healthcare Conference on April 11th, at 10:15 am EDT.

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Kiora Pharmaceuticals to Present Additional Data from Its ABACUS-1 Trial in Retinitis Pigmentosa at the ARVO 2024 Annual Meeting

Encinitas, California--(Newsfile Corp. - March 28, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX), ("Kiora" or the "Company") announced that additional data from the ABACUS-1 trial has been accepted for presentation at the Association for Research in Vision and Ophthalmology (ARVO) meeting in Seattle, WA, May 5-9, 2024. The additional data includes quantitative evaluation of the functional MRI measures.

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Kiora Pharmaceuticals Reports 2023 Results; Continues to Advance Pipeline of Treatments for Rare Retinal Diseases

Recent Strategic Partnership and Financing Expected to Fund Operations Through 2026 Encinitas, California--(Newsfile Corp. - March 25, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced its 2023 financial results and provided an update on its retinal disease development pipeline. The Company's major initiatives planned for 2024 are to initiate Phase 2 clinical development of KIO-301, a small molecule photoswitch, for the treatment of inherited retinal diseases, starting with retinitis pigmentosa (RP); and further development of KIO-104, an intravitreal, anti-inflammatory for treatment of non-infectious uveitis.

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Kiora Announces Publication of Phase 1 Study Demonstrating Safety, Tolerability and Anti-Inflammatory Activity of KIO-101 in the Treatment of Inflammation of the Eye

Encinitas, California--(Newsfile Corp. - March 8, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX), ("Kiora" or the "Company") announced the publication of results from a Phase 1 double-masked study of KIO-101, a potent, non-steroidal anti-inflammatory agent. KIO-101 contains the same active molecule as KIO-104, which belongs to a family of potent anti-inflammatory agents, The study showed that a 12-day treatment of KIO-101 topically at multiple doses was well tolerated in healthy volunteers and patients with inflammation of the eye.

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Why Is Kiora Pharmaceuticals (KPRX) Stock Up 39% Today?

Kiora Pharmaceuticals (NASDAQ: KPRX ) stock is heading higher on Thursday after the clinical-stage specialty pharmaceutical company announced a $45 million private placement. According to a press release from Kiora Pharmaceuticals, the company has entered into a financing agreement with healthcare-focused institutional investors.

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Kiora Pharmaceuticals Announces Private Placement of up to Approximately $45 Million

$15 million in upfront financing with the potential to receive up to an additional approximately $30 million in potential warrant exercise proceeds for an aggregate of up to approximately $45 million in total gross proceeds Encinitas, California--(Newsfile Corp. - January 31, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company"), a clinical-stage biopharmaceutical company focused on developing therapeutics to improve sight in patients with severe vision loss due to inherited or age-related orphan retinal diseases, today announced that it has entered into a securities purchase agreement with healthcare focused institutional investor(s) to raise up to approximately $45 million in gross proceeds, including initial upfront funding of $15 million and up to an additional approximately $30 million upon exercise of accompanying warrants at the election of the investors. The financing includes participation from new healthcare-dedicated investors, including ADAR1 Capital Management, Nantahala Capital Management, Rosalind Advisors, Stonepine Capital Management, and Velan Capital, among others.

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Kiora Pharmaceuticals and Théa Open Innovation Enter Strategic Agreement to Develop and Commercialize KIO-301 for the Treatment of Inherited Retinal Diseases; Total Deal Value of up to $301 Million includes $16 Million Upfront, up to $285 Million in Clinical Development, Regulatory and Commercial Milestones, Plus Commercial Royalties

Kiora to webcast investor conference call at 5:30 pm today; details below Encinitas, California and Clermont-Ferrand, France--(Newsfile Corp. - January 31, 2024) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX), a clinical-stage biotech company developing treatments for orphan retinal diseases, today announced that it has entered a strategic development and commercialization agreement with Théa Open Innovation (TOI), a sister company of the global ophthalmic specialty company Laboratoires Théa (Théa). Under the agreement, Kiora granted TOI exclusive worldwide development and commercialization rights, excluding Asia, to KIO-301 for the treatment of degenerative retinal diseases.

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Kiora Pharmaceuticals Reports Q3 2023 Results; Expanding Clinical Development of KIO-301 for Inherited Retinal Diseases Based on Encouraging Results of ABACUS-1 Study in Retinitis Pigmentosa

Encinitas, California--(Newsfile Corp. - November 9, 2023) - Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) ("Kiora" or the "Company") today announced its third quarter 2023 financial results and is providing an update on its plans to advance clinical development of KIO-301 for other inherited retinal diseases. On November 4, 2023, Kiora reported results from the ABACUS-1 study, a Phase 1b first-in-human clinical trial of the Company's molecular photoswitch, KIO-301, in patients with late-stage retinitis pigmentosa (RP).

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AAO Late-Breaking: Kiora's Small Molecule Photoswitch Demonstrates Meaningful Vision Improvements in Blind Patients with Retinitis Pigmentosa

Topline Phase I/II First-in-Human Results Presented at AAO 2023 Significant improvement in visual field, in concordance with trended improvements in visual acuity and functional vision Functional MRI demonstrates increased brain activity in visual cortex Novel small molecule photoswitch is safe and tolerable Company presentation available on IR website (ir.kiorapharma.com) Encinitas, California--(Newsfile Corp. - November 4, 2023) - Kiora Pharmaceuticals (NASDAQ: KPRX) today announced topline results of a Phase I/II clinical trial demonstrating proof-of-concept that KIO-301, the company's first-in-class small molecule, has the potential to meaningfully improve vision in patients with Retinitis Pigmentosa (RP) who are living with ultra-low vision or complete blindness. The ABACUS study is a first-in-human, open-label, multi-site, single dose-escalating clinical trial for Kiora's intravitreal (IVT) molecular photoswitch.

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