Amylyx Pharmaceuticals, Inc.
Business
Amylyx Pharmaceuticals is a clinical-stage biopharmaceutical company developing novel therapies for endocrine and neurodegenerative diseases with high unmet medical needs. Its lead candidate, avexitide, is a first-in-class GLP-1 receptor antagonist in Phase 3 trials for post-bariatric hypoglycemia and congenital hyperinsulinism. The company also advances AMX0035 (a fixed-dose combination for Wolfram syndrome), AMX0114 (an antisense oligonucleotide for ALS), and AMX0318 (a long-acting GLP-1 antagonist for rare diseases). Amylyx operates in the U.S., EU, and other jurisdictions, relying on contract manufacturing organizations for production and pursuing regulatory approvals from the FDA and EMA.
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 |
|---|---|---|---|---|---|---|
| Product revenue, net | 0 | 87 | 381 | 22 | — | |
| Cost of sales | 0 | 6 | 25 | 3 | — | |
| Cost of sales - inventory impairment and loss on firm purchase commitments | 0 | 119 | — | — | — | |
| Acquired in-process research and development | 0 | 36 | — | — | — | |
| Research and development | 90 | 104 | 128 | 93 | 44 | |
| Selling, general and administrative | 63 | 114 | 188 | 127 | 39 | |
| Restructuring expenses | 0 | 23 | — | — | — | |
| Total operating expenses | 153 | 402 | 342 | 224 | 83 | |
| Loss from operations | −153 | −315 | 39 | −201 | −83 | |
| Interest income | 9 | 14 | 16 | 4 | 36,000 | |
| Other expense, net | −700,000 | −1 | −660,000 | −551,000 | −51,000 | |
| Total other income, net | 9 | 13 | 15 | 4 | −5 | |
| Loss before income taxes | −145 | −302 | 54 | −198 | −88 | |
| Provision (benefit) for income taxes | 46,000 | −393,000 | 5 | 774,000 | — | |
| Net loss | −145 | −302 | 49 | −198 | −88 | |
| Net loss per share - basic | −1.53 | −4.43 | 0.73 | −3.39 | −13.35 | |
| Net loss per share - diluted | −1.53 | −4.43 | 0.7 | −3.39 | −13.35 | |
| Weighted-average shares used in computing net loss per share - basic | 95 | 68 | 67 | 58 | 7 | |
| Weighted-average shares used in computing net loss per share - diluted | 95 | 68 | 70 | 58 | 7 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-08-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 227 | 77 | — | 170 | 63 | |
| Marketable securities | 90 | 99 | — | 201 | — | |
| Accounts receivable, net | 88,000 | 447,000 | — | 40 | 15 | |
| Prepaid expenses and other current assets | 7 | 12 | — | 15 | 10 | |
| Total current assets | 324 | 189 | — | 465 | 382 | |
| Property and equipment, net | 310,000 | 961,000 | — | 3 | 3 | |
| Restricted cash equivalents | 985,000 | 1 | — | 719,000 | 700,000 | |
| Operating lease right-of-use assets | 5 | 2 | 5 | 4 | 6 | |
| Deposits and other assets | 2 | 24,000 | — | — | — | |
| Total assets | 333 | 194 | — | 517 | 391 | |
| Accounts payable | 4 | 3 | — | 22 | 6 | |
| Accrued expenses | 18 | 24 | — | 58 | 38 | |
| Operating lease liabilities, current portion | 1 | 2 | — | 2 | 2 | |
| Total current liabilities | 23 | 28 | — | 82 | 47 | |
| Operating lease liabilities, net of current portion | 5 | 463,000 | — | 2 | 4 | |
| Total liabilities | 27 | 29 | — | 84 | 51 | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Common stock, $0.0001 par value; 300,000,000 shares authorized; 109,884,502 and 68,629,738 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 11,000 | 7,000 | — | 7,000 | 7,000 | |
| Additional paid-in capital | 1,056 | 772 | — | 738 | 695 | |
| Accumulated deficit | −751 | −607 | — | −305 | −354 | |
| Accumulated other comprehensive income (loss) | 404,000 | −92,000 | — | 197,000 | −86,000 | |
| Total stockholders' equity | 305 | 165 | — | 433 | 341 | |
| Total liabilities and stockholders' equity | 333 | 194 | — | 517 | 391 |
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 |
|---|---|---|---|---|---|---|
| Net loss | −145 | −302 | 49 | −198 | −88 | |
| Stock-based compensation expense | 28 | 33 | 37 | 22 | 3 | |
| Depreciation expense | 525,000 | 904,000 | 1 | 487,000 | 52,000 | |
| Accretion of investment discounts, net | −6 | −10 | −10 | −2 | 121,000 | |
| Charge for purchase of IPR&D assets | — | 36 | — | — | — | |
| Other non-cash items | −169,000 | 958,000 | — | — | — | |
| Accounts receivable, net | 359,000 | 40 | −25 | −15 | — | |
| Inventories | — | −9 | −73 | −10 | — | |
| Interest receivable | 24,000 | 359,000 | 23,000 | 487,000 | −144,000 | |
| Prepaid expenses and other current assets | 6 | 2 | −3 | −5 | −4 | |
| Operating lease right-of-use assets | 2 | 2 | 2 | 2 | — | |
| Deposits and other assets | −2 | 677,000 | — | — | — | |
| Accounts payable | 580,000 | −19 | 16 | 2 | 670,000 | |
| Accrued expenses | −7 | −60 | 22 | — | — | |
| Operating lease liabilities | −1 | −2 | −2 | −917,000 | — | |
| Net cash used in operating activities | −123 | −168 | 12 | −180 | −75 | |
| Purchases of property and equipment | −138,000 | −157,000 | −1 | −3 | −353,000 | |
| Purchases of IPR&D assets, including transaction costs | — | −36 | — | — | — | |
| Purchases of investments | −232 | −232 | −301 | −416 | −49 | |
| Proceeds from maturities of marketable securities | 246 | 344 | 394 | 179 | 3 | |
| Net cash provided by investing activities | 14 | 76 | 92 | −239 | −46 | |
| Proceeds from financings, net of issuance costs | 256 | — | — | — | 12 | |
| Proceeds from exercise of stock options and RSUs vesting | 4 | 2 | 7 | — | — | |
| Withholding taxes paid on stock-based awards | −3 | −2 | −3 | — | — | |
| Net cash provided by financing activities | 257 | 348,000 | 4 | 432 | 159 | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash equivalents | 1 | −438,000 | 160,000 | −65,000 | 13,000 | |
| Net increase (decrease) increase in cash, cash equivalents and restricted cash equivalents | 149 | −92 | 108 | 13 | 37 | |
| Other assets included in accounts payable and accrued expenses | 500,000 | — | — | — | — | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 5 | — | — | 5 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Amylyx Pharmaceuticals, Inc.'s CIK number?
Amylyx Pharmaceuticals, Inc.'s SEC CIK number is 0001658551 (1658551). 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 Amylyx Pharmaceuticals, Inc.'s SEC filings?
All of Amylyx Pharmaceuticals, 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 Amylyx Pharmaceuticals, Inc. last report earnings?
Amylyx Pharmaceuticals, Inc. (AMLX) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-210286). This is Amylyx Pharmaceuticals, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Amylyx Pharmaceuticals, Inc.'s most recent earnings 8-K?
Amylyx Pharmaceuticals, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-210286. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Amylyx Pharmaceuticals, Inc.'s latest earnings 8-K →
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