Lineage Cell Therapeutics, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:10:05Z
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 | -19.50M | -23.71M | -29.29M | 614.00K | -23.92M | -19.84M |
| EBITDA | -35.92M | -20.89M | -24.17M | -21.94M | -48.55M | -25.62M |
| Working Capital | 47.79M | 37.02M | 20.48M | 41.02M | 64.43M | 36.23M |
| Net Debt | -38.37M | -43.27M | -32.49M | -7.46M | -52.94M | -32.30M |
| Gross Margin | — | 96.48% | 92.50% | 95.05% | 67.15% | 78.92% |
| Operating Margin | -251.57% | -226.11% | -276.50% | -153.17% | -1133.63% | -1448.36% |
| Net Margin | -436.47% | -195.90% | -240.20% | -178.69% | -990.99% | -1130.83% |
| Return on Equity (ROE) | -142.61% | -23.74% | -33.88% | -35.82% | -46.65% | -21.46% |
| Return on Assets (ROA) | -56.43% | -16.44% | -21.27% | -21.25% | -24.65% | -19.13% |
| Current Ratio | 5.20× | 3.65× | 2.14× | 3.16× | 2.37× | 5.66× |
| Debt-to-Equity | 0.05× | 0.03× | 0.05× | 0.05× | 0.03× | 0.00× |
| Effective Tax Rate | 7.69% | 0.00% | 7.74% | -2.10% | — | 5.65% |
| Cash Conversion Ratio | 0.30× | 1.24× | 1.33× | -0.04× | 0.55× | 0.96× |
| Accruals Ratio | -0.40× | 0.04× | 0.07× | -0.22× | -0.11× | -0.01× |
| SBC % of Revenue | 32.65% | 53.45% | 51.87% | 29.16% | 81.06% | 121.96% |
| CapEx Coverage | -32.56× | -37.31× | -39.24× | 2.38× | -65.45× | -219.48× |
| Free Cash Flow Per Share | $-0.08 | $-0.12 | $-0.17 | $0.00 | $-145.41 | $-132.25 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 14.56M | 9.50M | 8.95M | 14.70M | 4.34M | 1.83M |
| Revenues | 14.56M | 9.50M | 8.95M | 14.70M | 4.34M | 1.83M |
| Cost of Revenue | — | 334.00K | 671.00K | 728.00K | 1.43M | 385.00K |
| Gross Profit | — | — | 8.27M | 13.97M | 2.92M | 1.44M |
| Research and Development Expense | 17.73M | 12.47M | 15.71M | 13.99M | 33.91M | 12.32M |
| Operating Expenses | — | — | 33.01M | 36.49M | 52.13M | 27.89M |
| Operating Income (Loss) | -36.62M | -21.48M | -24.73M | -22.52M | -49.21M | -26.45M |
| Income Tax Expense (Benefit) | -5.28M | 0 | -1.80M | 541.00K | — | -1.24M |
| Net Income (Loss) Attributable to Parent | -63.53M | -18.61M | -21.49M | -26.27M | -43.02M | -20.65M |
| Earnings Per Share, Basic | $-0.28 | $-0.09 | $-0.12 | $-0.15 | $-0.26 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 230.12M | 200.19M | 172.66M | 169.79M | 164.50M | — |
| Earnings Per Share, Diluted | $-0.28 | $-0.09 | $-0.12 | $-0.15 | — | — |
| Weighted Average Number of Shares Outstanding, Diluted | 230.12M | 200.19M | 172.66M | 169.79M | — | — |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 40.79M | 45.79M | 35.44M | 11.36M | 55.74M | 32.59M |
| Assets, Current | 59.16M | 51.00M | 38.44M | 60.00M | 111.55M | 44.00M |
| Assets | 112.58M | 113.22M | 101.02M | 123.66M | 174.54M | 107.95M |
| Liabilities, Current | 11.37M | 13.98M | 17.96M | 18.98M | 47.12M | 7.77M |
| Liabilities | 69.24M | 36.21M | 39.00M | 51.73M | 83.65M | 12.82M |
| Stockholders' Equity Attributable to Parent | 44.55M | 78.38M | 63.42M | 73.34M | 92.22M | 96.20M |
| Common Stock, Shares, Outstanding | 243.12M | 220.42M | 174.99M | 170.09M | 169.48M | 153.10M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -18.92M | -23.09M | -28.57M | 1.06M | -23.56M | -19.75M |
| Payments to Acquire Property, Plant, and Equipment | 522.00K | 565.00K | 674.00K | 413.00K | 340.00K | 64.00K |
| Net Cash Provided by (Used in) Investing Activities | -13.46M | -2.31M | 46.45M | -46.16M | 9.74M | 13.04M |
| Net Cash Provided by (Used in) Financing Activities | 26.95M | 35.86M | 6.42M | 1.63M | 36.93M | 29.86M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -8.15M | -5.29M | -14.21M | -10.56M | -5.00M | -6.72M |
| EBITDA | -7.41M | -6.36M | -3.61M | -19.61M | -6.34M | -4.96M |
| Working Capital | 48.02M | 47.79M | 32.88M | 33.09M | 36.90M | 37.02M |
| Net Debt | -33.55M | -38.37M | -37.84M | -40.12M | -45.64M | -43.27M |
| Gross Margin | — | — | — | — | 97.60% | 94.63% |
| Operating Margin | -440.17% | -99.09% | -102.85% | -715.37% | -433.09% | -178.17% |
| Net Margin | -278.96% | 12.88% | -809.05% | -1101.77% | -275.57% | -114.12% |
| Return on Equity (ROE) | -8.93% | 1.91% | -135.12% | -62.96% | -5.24% | -4.18% |
| Return on Assets (ROA) | -4.39% | 0.76% | -33.22% | -33.55% | -3.70% | -2.89% |
| Current Ratio | 6.89× | 5.20× | 4.50× | 4.08× | 3.82× | 3.65× |
| Debt-to-Equity | 0.04× | 0.05× | 0.12× | 0.04× | 0.03× | 0.03× |
| Effective Tax Rate | — | — | — | — | — | 0.00% |
| Cash Conversion Ratio | 1.68× | -5.73× | 0.47× | 0.34× | 1.18× | 1.94× |
| Accruals Ratio | 0.03× | 0.05× | -0.18× | -0.22× | 0.01× | 0.03× |
| SBC % of Revenue | 67.94% | 16.62% | 99.27% | 88.79% | 81.03% | 45.85% |
| CapEx Coverage | -117.07× | -11.78× | -84.08× | -75.00× | -44.02× | -16.74× |
| Free Cash Flow Per Share | $-0.03 | $-0.02 | $-0.06 | $-0.05 | $-0.02 | $-0.03 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.73M | 6.61M | 3.68M | 2.77M | 1.50M | 2.87M |
| Revenues | 1.73M | 6.61M | 3.68M | 2.77M | 1.50M | 2.87M |
| Cost of Revenue | — | — | — | — | 36.00K | 154.00K |
| Research and Development Expense | 4.23M | 8.24M | 3.27M | 3.11M | 3.11M | 3.42M |
| Operating Income (Loss) | -7.59M | -6.55M | -3.79M | -19.78M | -6.50M | -5.11M |
| Income Tax Expense (Benefit) | — | — | — | — | — | 0 |
| Net Income (Loss) Attributable to Parent | -4.81M | 851.00K | -29.78M | -30.46M | -4.14M | -3.27M |
| Earnings Per Share, Basic | $-0.02 | $0.00 | $-0.13 | $-0.13 | $-0.02 | $-0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 245.03M | 230.12M | 228.85M | 228.36M | 226.05M | 200.19M |
| Earnings Per Share, Diluted | $-0.03 | $0.00 | $-0.13 | $-0.13 | $-0.02 | $-0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 261.18M | 230.12M | 228.85M | 228.36M | 226.05M | 200.19M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 35.94M | 40.79M | 40.46M | 42.27M | 47.89M | 45.79M |
| Assets, Current | 56.16M | 59.16M | 42.26M | 43.84M | 49.98M | 51.00M |
| Assets | 109.53M | 112.58M | 89.64M | 90.80M | 111.75M | 113.22M |
| Liabilities, Current | 8.15M | 11.37M | 9.38M | 10.76M | 13.09M | 13.98M |
| Liabilities | 56.84M | 69.24M | 68.84M | 43.69M | 34.10M | 36.21M |
| Stockholders' Equity Attributable to Parent | 53.88M | 44.55M | 22.04M | 48.38M | 79.03M | 78.38M |
| Common Stock, Shares, Outstanding | 249.30M | 243.12M | 230.33M | 228.36M | 228.36M | 220.42M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.08M | -4.88M | -14.04M | -10.43M | -4.89M | -6.35M |
| Payments to Acquire Property, Plant, and Equipment | 55.00K | 399.00K | 123.00K | 111.00K | 97.00K | 365.00K |
| Net Cash Provided by (Used in) Investing Activities | -2.33M | -15.33M | 1.88M | 1.89M | 1.90M | 2.63M |
| Net Cash Provided by (Used in) Financing Activities | 5.56M | 20.38M | 6.57M | 4.74M | 5.04M | 21.73M |
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 (LCTX CIK 0000876343),
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.