ABVC BIOPHARMA, INC.
Business
ABVC BioPharma is an early-stage biopharmaceutical company developing a pipeline of drug candidates and a medical device, all licensed from related parties, targeting central nervous system and oncology diseases. Its candidates include ABV-1504 for major depressive disorder, ABV-1505 for adult ADHD, and ABV-1701 as a vitreous substitute. The company owns a GMP manufacturing facility through subsidiary BioKey that produces drug products for clinical trials and dietary supplements. ABVC conducts clinical development in the United States, Taiwan, and Australia.
Summary from 10-K filed 2026-03-03
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | — | 509,589 | 152,430 | 969,783 | 355,797 | |
| Cost of revenue | — | 763 | 302,037 | 286,415 | 5,086 | |
| Gross profit | — | 508,826 | −149,607 | 683,368 | 350,711 | |
| Selling, general and administrative expenses | 3 | 2 | 5 | 6 | 6 | |
| Research and development expenses | 121,085 | 179,272 | 1 | 3 | 1 | |
| Stock-based compensation | 4 | 3 | 185,933 | 7 | 5 | |
| Total operating expenses | 7 | 5 | 7 | 16 | 12 | |
| Loss from operations | −7 | −5 | −7 | −15 | −12 | |
| Interest income | 167,103 | 87,358 | 185,481 | 187,817 | 43,196 | |
| Interest expense | −415,890 | −825,899 | −1 | — | — | |
| Operating sublease income | 134,196 | 48,478 | 65,900 | — | — | |
| Loss on foreign exchange changes | −77,546 | −25,135 | 22,690 | −259,463 | 426,316 | |
| Loss on investment in equity securities | −192,759 | −339,171 | −221,888 | −7,446 | — | |
| Loss on impairment of equity investment | −803,008 | — | — | — | — | |
| Write off unclaimed accrued liabilities | — | 255,592 | — | — | — | |
| Other (loss) income, net | −13,642 | 134,443 | 3,384 | −24,149 | 495,141 | |
| Total other (expenses) | −1 | −664,334 | −1 | −400,184 | 495,141 | |
| Loss before provision for income tax | −8 | −5 | −8 | −16 | −11 | |
| Provision for income tax expense (benefit) | 24,154 | −110,539 | 256,006 | 797,778 | 825,024 | |
| Net loss | −8 | −5 | −8 | −16 | −12 | |
| Net loss attributable to noncontrolling interests | −468,405 | −356,159 | −492,794 | 110,865 | 802,962 | |
| Net loss attributed to ABVC and subsidiaries | −8 | −5 | −8 | −16 | −13 | |
| Foreign currency translation adjustment | 41,937 | −70,722 | −741 | −22,532 | −25,200 | |
| Comprehensive loss | −8 | −5 | −8 | −16 | −13 | |
| Basic (in Dollars per share) | −0.39 | −0.42 | −1.8 | −5.19 | −0.51 | |
| Diluted (in Dollars per share) | −0.39 | −0.42 | −1.8 | −5.19 | −0.51 | |
| Basic (in Shares) | 20 | 12 | 4 | 3 | 25 | |
| Diluted (in Shares) | 20 | 12 | 4 | 3 | 25 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 681,480 | 248,382 | 60,155 | 85,265 | 6 | |
| Restricted cash | 645,505 | 615,433 | 656,625 | — | — | |
| Short-term investments | 64,354 | 64,736 | 79,312 | 75,797 | 108,147 | |
| Prepaid expense and other current assets | 346,616 | 96,213 | 101,051 | 150,235 | 528,354 | |
| Total Current Assets | 3 | 2 | 2 | 3 | 8 | |
| Property and equipment, net | 13 | 511,088 | 569,278 | 573,978 | 525,881 | |
| Operating lease right-of-use assets | 2 | 640,387 | 809,283 | 1 | 1 | |
| Long-term investments | 2 | 2 | 3 | 842,070 | 932,755 | |
| Prepayment for long-term investments | 1 | 1 | 78,789 | 135,135 | 119,309 | |
| Prepayment for asset acquisition | 691,900 | 691,900 | 691,900 | — | — | |
| Other non-current assets | 116,966 | 133,121 | 141,231 | — | — | |
| Total Assets | 21 | 8 | 8 | 10 | 14 | |
| Short-term bank and other loans | 755,512 | 840,252 | 899,250 | 2 | — | |
| Accrued expenses and other current liabilities | 4 | 4 | 4 | — | — | |
| Contract liabilities | 12,600 | 81,115 | 79,500 | 10,985 | — | |
| Operating lease liabilities current | 317,557 | 403,581 | 401,826 | 369,314 | 347,100 | |
| Tax payable | 11,964 | — | 112,946 | — | — | |
| Convertible notes payable third parties, net | 559,010 | 950,046 | — | — | — | |
| Total Current Liabilities | 6 | 7 | 6 | 6 | 4 | |
| Tenant security deposit | — | 21,680 | 21,680 | 7,980 | 10,580 | |
| Operating lease liability non-current | 2 | 236,807 | 407,457 | 791,827 | 1 | |
| Total Liabilities | 8 | 7 | 7 | 6 | 5 | |
| COMMITMENTS AND CONTINGENCIES | — | — | — | — | — | |
| Preferred stock, $0.001 par value, 20,000,000 authorized, nil shares issued and outstanding | — | — | — | — | — | |
| Common stock, $0.001 par value, 100,000,000 authorized, 25,053,193 and 13,868,484 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 25,053 | 13,868 | 7,940 | 3,286 | 28,926 | |
| Stock to be issued | 359,000 | 31,040 | — | — | — | |
| Additional paid-in capital | 96 | 79 | 74 | 68 | 58 | |
| Accumulated deficit | −77 | −69 | −64 | −55 | −38 | |
| Accumulated other comprehensive income | 487,602 | 445,665 | 516,387 | 517,128 | 539,660 | |
| Treasury stock | −9 | −9 | −9 | −9 | −9 | |
| Total Stockholders equity | 11 | 1 | 2 | 3 | 9 | |
| Noncontrolling interest | 2 | −502,181 | −300,637 | 137,554 | 26,689 | |
| Total Equity | 13 | 723,959 | 1 | 3 | 9 | |
| Total Liabilities and Equity | 21 | 8 | 8 | 10 | 14 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 25,330 | 32,025 | 28,531 | 23,799 | 11,993 | |
| Inventory write-down | 11,460 | — | — | — | — | |
| Provision for doubtful accounts | — | 11,993 | 1 | 184,589 | — | |
| Other non-cash expenses, net | 351,085 | 532,769 | — | — | — | |
| Amortization of right-of-use asset | 479,504 | 168,896 | 351,859 | — | — | |
| Inventory | −11,460 | — | — | — | −25,830 | |
| Prepaid expenses and other current assets | −71,653 | 12,948 | 101,926 | 238,092 | — | |
| Due from related parties | −136,501 | −293,962 | −321,776 | −837,014 | −595,037 | |
| Accrued expenses and other current liabilities | 152,207 | 152,819 | 638,762 | 2 | −173,151 | |
| Contract liabilities | −68,515 | 1,615 | 68,515 | — | — | |
| Tenant security deposit | −16,865 | — | 13,700 | −2,600 | −357,276 | |
| Taxes payables | 11,964 | −112,946 | 112,946 | — | — | |
| Operating lease liabilities | −474,479 | −168,896 | −351,859 | — | — | |
| Net cash used in operating activities | −3 | −2 | −4 | −7 | −8 | |
| Loan to related parties | −1 | — | — | — | — | |
| Repayment from related parties | 203,026 | — | — | — | — | |
| Transaction costs for acquiring land | −5,794 | — | — | — | — | |
| Net cash used in investing activities | −1 | — | −360,186 | −2 | −805,966 | |
| Proceeds from private placement | 3 | — | — | — | — | |
| Proceeds from exercise of warrants | 991,366 | 947,500 | — | — | — | |
| Proceeds from convertible notes payable third parties | 499,010 | 342,095 | 1 | — | — | |
| Repayment of convertible notes payable third parties | −277,284 | −327,017 | — | — | −306,836 | |
| Proceeds from convertible notes payable related parties | 390,000 | — | — | — | — | |
| Repayment of convertible notes payable related parties | −150,000 | — | — | — | — | |
| Repayment of short-term bank loans | −120,400 | −29,152 | −1 | — | — | |
| Proceeds from related party payables | — | 599,552 | — | — | — | |
| Proceeds from issuance of warrants | — | 394,071 | 2 | — | — | |
| Repurchase of treasury stocks | — | −7,320 | — | — | — | |
| Proceeds from issuance of a promissory note | — | 30,000 | — | 350,000 | — | |
| Proceeds from common stock subscription | — | 31,040 | — | — | — | |
| Net cash provided by financing activities | 5 | 2 | 4 | 4 | 10 | |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 20,264 | −24,589 | 2,125 | −67,337 | −28,021 | |
| Net increase in cash and cash equivalents and restricted cash | 463,170 | 147,035 | −674,948 | −5 | 2 | |
| Interest expense paid | 31,518 | 22,539 | 33,180 | 285,465 | 333,873 | |
| Income taxes paid | 12,077 | 25,863 | 27,392 | — | — | |
| Issuance of subsidiarys commons stock to acquire the control of the land | 8 | — | 3 | — | — | |
| Issuance of common stock and stock warrants in the land acquisition | 4 | — | — | — | — | |
| Increase in ROU asset and lease liabilities due to lease amendment | 2 | — | — | — | — | |
| Conversion of convertible note due from related parties to equity investment | 563,819 | — | — | — | 3 | |
| Assuming loan in the land acquisition | 500,000 | — | — | — | — | |
| Issuance of common stock for conversion of debt | 463,847 | 593,714 | — | — | — | |
| Issuance of subsidiarys common stock for consulting services | — | 383,500 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ABVC BIOPHARMA, INC.'s CIK number?
ABVC BIOPHARMA, INC.'s SEC CIK number is 0001173313 (1173313). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ABVC BIOPHARMA, INC.'s SEC filings?
All of ABVC BIOPHARMA, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did ABVC BIOPHARMA, INC. last report earnings?
ABVC BIOPHARMA, INC. (ABVC) most recently filed an earnings 8-K with the SEC on Mar 3, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-023054). This is ABVC BIOPHARMA, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is ABVC BIOPHARMA, INC.'s most recent earnings 8-K?
ABVC BIOPHARMA, INC.'s latest earnings 8-K (Item 2.02) was filed Mar 3, 2026 under accession 0001213900-26-023054. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ABVC BIOPHARMA, INC.'s latest earnings 8-K →
Look up any company's CIK number →