EMMAUS LIFE SCIENCES, INC. financials
Source: EDGAR filings · Built 2026-06-19T00:49:43Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -12.00K | -2.30M | -1.52M | -5.10M | -1.33M | -2.47M |
| EBITDA | 270.00K | -1.87M | 3.57M | -6.53M | -6.07M | 28.00K |
| Working Capital | -61.33M | -56.79M | -50.00M | -48.03M | -28.01M | -12.13M |
| Net Debt | 26.80M | 30.78M | 31.52M | 31.70M | 24.86M | 17.41M |
| Gross Margin | 93.12% | 92.79% | 95.47% | 85.93% | 83.93% | 90.30% |
| Operating Margin | 1.85% | -11.37% | 11.96% | -35.81% | -29.73% | -0.14% |
| Net Margin | -60.16% | -38.75% | -12.61% | -57.78% | -77.37% | 5.84% |
| Return on Equity (ROE) | 11.78% | 11.43% | 7.82% | 31.17% | 74.34% | -26.25% |
| Return on Assets (ROA) | -34.95% | -27.34% | -10.61% | -22.03% | -28.11% | 2.27% |
| Current Ratio | 0.11× | 0.11× | 0.19× | 0.12× | 0.24× | 0.48× |
| Debt-to-Equity | -0.45× | -0.57× | -0.71× | -0.99× | -1.27× | -3.86× |
| Effective Tax Rate | -0.12% | -0.45% | 1.56% | -0.57% | -0.16% | -39.16% |
| Cash Conversion Ratio | 0.00× | 0.35× | 0.40× | 0.48× | 0.08× | -1.81× |
| Accruals Ratio | -0.35× | -0.18× | -0.06× | -0.12× | -0.26× | 0.06× |
| SBC % of Revenue | 0.20% | 1.54% | 4.26% | 0.09% | 2.68% | 3.19% |
| CapEx Coverage | -11.00× | -190.50× | -88.41× | -195.12× | -17.18× | -163.40× |
| Free Cash Flow Per Share | $-0.00 | $-0.04 | $-0.03 | $-0.10 | $-0.03 | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 12.45M | 16.65M | 29.60M | 18.39M | 20.61M | 23.17M |
| Cost of Revenue | 857.00K | 1.20M | 1.34M | 2.59M | 3.31M | 2.25M |
| Gross Profit | 11.60M | 15.45M | 28.25M | 15.80M | 17.30M | 20.92M |
| Research and Development Expense | 313.00K | 657.00K | 1.19M | 1.73M | 4.11M | 2.41M |
| Operating Expenses | 11.37M | 17.35M | 24.71M | 22.39M | 23.43M | 20.95M |
| Operating Income (Loss) | 231.00K | -1.89M | 3.54M | -6.59M | -6.13M | -32.00K |
| Income Tax Expense (Benefit) | 9.00K | 29.00K | -59.00K | 60.00K | 25.00K | -381.00K |
| Net Income (Loss) Attributable to Parent | -7.49M | -6.45M | -3.73M | -10.63M | -15.95M | 1.35M |
| Earnings Per Share, Basic | $-0.12 | $-0.10 | $-0.07 | $-0.21 | $-0.32 | — |
| Weighted Average Number of Shares Outstanding, Basic | 64.04M | 63.23M | 53.11M | 49.44M | 49.25M | 48.90M |
| Earnings Per Share, Diluted | $-0.12 | $-0.10 | $-0.07 | $-0.21 | $-0.32 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 64.04M | 63.23M | 53.11M | 49.44M | 49.25M | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 2.13M | 1.39M | 2.55M | 2.02M | 2.28M | 2.49M |
| Assets, Current | 7.75M | 6.77M | 11.51M | 6.29M | 9.09M | 11.26M |
| Assets | 21.44M | 23.60M | 35.18M | 48.23M | 56.73M | 59.54M |
| Long-term Debt | 27.13M | 28.96M | 30.56M | 30.42M | 22.34M | 15.29M |
| Liabilities, Current | 69.07M | 63.55M | 61.51M | 54.32M | 37.10M | 23.38M |
| Liabilities | 85.04M | 80.08M | 82.94M | 82.32M | 78.18M | 64.69M |
| Stockholders' Equity Attributable to Parent | -63.61M | -56.48M | -47.76M | -34.09M | -21.45M | -5.16M |
| Common Stock, Shares, Outstanding | 70.19M | 63.87M | 61.85M | 49.58M | 49.31M | 48.99M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -11.00K | -2.29M | -1.50M | -5.07M | -1.25M | -2.45M |
| Payments to Acquire Property, Plant, and Equipment | 1.00K | 12.00K | 17.00K | 26.00K | 73.00K | 15.00K |
| Net Cash Provided by (Used in) Investing Activities | 2.17M | 2.50M | -432.00K | -2.39M | -6.38M | 5.47M |
| Net Cash Provided by (Used in) Financing Activities | -1.43M | -1.35M | 2.48M | 7.23M | 7.41M | -2.31M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | 2.21M | -2.22M | -2.63M | — | 337.00K |
| EBITDA | -808.00K | 901.00K | — | — | -975.00K | -552.00K |
| Working Capital | -64.54M | -61.33M | -59.38M | -57.06M | -59.26M | -56.79M |
| Net Debt | 27.19M | 26.80M | 30.58M | 30.75M | 30.87M | 30.78M |
| Gross Margin | 91.52% | 93.90% | 92.69% | 94.68% | 90.65% | 90.61% |
| Operating Margin | -41.52% | 23.00% | 20.57% | -13.13% | -40.73% | -16.92% |
| Net Margin | -168.26% | -50.65% | -61.46% | -40.29% | -96.84% | -53.10% |
| Return on Equity (ROE) | 4.91% | 3.07% | 3.49% | 2.04% | 3.98% | 3.10% |
| Return on Assets (ROA) | -17.84% | -9.10% | -10.00% | -4.86% | -10.37% | -7.41% |
| Current Ratio | 0.09× | 0.11× | 0.07× | 0.08× | 0.09× | 0.11× |
| Debt-to-Equity | -0.42× | -0.45× | -0.52× | -0.57× | -0.55× | -0.57× |
| Effective Tax Rate | -0.12% | -0.83% | -38.68% | 34.20% | -0.17% | -0.34% |
| Cash Conversion Ratio | 0.10× | -1.13× | 1.07× | 2.32× | -0.12× | -0.20× |
| Accruals Ratio | -0.16× | -0.19× | 0.01× | 0.06× | -0.12× | -0.09× |
| SBC % of Revenue | 0.05% | 0.18% | 0.53% | 0.32% | 0.42% | 0.88% |
| CapEx Coverage | — | — | -2220.00× | -2629.00× | — | 57.17× |
| Free Cash Flow Per Share | — | $0.03 | $-0.03 | $-0.04 | — | $0.01 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.98M | 3.85M | 3.38M | 2.82M | 2.41M | 3.29M |
| Cost of Revenue | 168.00K | 235.00K | 247.00K | 150.00K | 225.00K | 309.00K |
| Gross Profit | 1.81M | 3.62M | 3.13M | 2.67M | 2.18M | 2.98M |
| Research and Development Expense | 40.00K | 31.00K | 50.00K | 56.00K | 176.00K | 137.00K |
| Operating Expenses | 2.64M | 2.73M | 2.44M | 3.04M | 3.16M | 3.54M |
| Operating Income (Loss) | -823.00K | 886.00K | 695.00K | -370.00K | -980.00K | -557.00K |
| Income Tax Expense (Benefit) | 4.00K | 16.00K | 579.00K | -590.00K | 4.00K | 6.00K |
| Net Income (Loss) Attributable to Parent | -3.33M | -1.95M | -2.08M | -1.14M | -2.33M | -1.75M |
| Earnings Per Share, Basic | $-0.05 | $-0.03 | $-0.03 | $-0.02 | $-0.04 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 70.19M | 64.04M | 63.87M | 63.87M | 63.87M | 63.23M |
| Earnings Per Share, Diluted | $-0.05 | $-0.03 | $-0.03 | $-0.02 | $-0.04 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 70.19M | 64.04M | 63.87M | 63.87M | 63.87M | 63.23M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.07M | 2.13M | 293.00K | 886.00K | 1.33M | 1.39M |
| Assets, Current | 6.00M | 7.75M | 4.79M | 5.01M | 5.65M | 6.77M |
| Assets | 18.70M | 21.44M | 20.76M | 23.34M | 22.48M | 23.60M |
| Long-term Debt | 26.56M | 27.13M | 29.07M | 29.73M | 29.01M | 28.96M |
| Liabilities, Current | 70.54M | 69.07M | 64.17M | 62.08M | 64.92M | 63.55M |
| Liabilities | 86.56M | 85.04M | 80.24M | 79.05M | 81.08M | 80.08M |
| Stockholders' Equity Attributable to Parent | -67.86M | -63.61M | -59.49M | -55.70M | -58.60M | -56.48M |
| Common Stock, Shares, Outstanding | 70.19M | 70.19M | 63.87M | 63.87M | 63.87M | 63.87M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -344.00K | 2.21M | -2.22M | -2.63M | 279.00K | 343.00K |
| Payments to Acquire Property, Plant, and Equipment | — | 0 | 1.00K | 1.00K | — | 6.00K |
| Net Cash Provided by (Used in) Investing Activities | 0 | 0 | 2.17M | 2.17M | 0 | -2.00K |
| Net Cash Provided by (Used in) Financing Activities | -702.00K | -362.00K | -1.06M | -61.00K | -345.00K | -195.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (EMMA CIK 0000822370),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.