Barinthus Biotherapeutics plc.
Business
Barinthus Biotherapeutics is a clinical-stage biopharmaceutical company developing novel immunotherapeutic drug candidates for autoimmune and inflammatory diseases using its proprietary SNAP-TI platform to promote immune tolerance. Its lead candidate VTP-1000 targets celiac disease and is in Phase 1 trials; the company also has legacy Phase 2 assets in hepatitis B and other indications being explored for partnerships. The company operates primarily in the United States with development activities and is pursuing a merger with Clywedog Therapeutics to expand into metabolic disease indications.
Summary from 10-K filed 2026-03-13
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 |
|---|---|---|---|---|---|---|
| Total revenue | 0 | 15 | 802,000 | 45 | 268,000 | |
| Research and development | 26 | 42 | 45 | 42 | 20 | |
| General and administrative | 41 | 30 | 40 | 6 | 25 | |
| Impairment of intangible assets | 5 | 0 | — | — | — | |
| Goodwill impairment | 0 | 12 | 0 | — | — | |
| Total operating expenses | 71 | 84 | 85 | 49 | 45 | |
| Other operating income | 506,000 | 1 | 0 | — | — | |
| Loss from operations | −71 | −68 | −84 | −4 | −45 | |
| Interest income | 2 | 3 | 3 | 3 | 2,000 | |
| Interest expense | −51,000 | −53,000 | −28,000 | — | — | |
| Research and development incentives | 2 | 4 | 4 | 1 | 4 | |
| Other income | 16,000 | 135,000 | 1 | 567,000 | 332,000 | |
| Total other income, net | 4 | 7 | 7 | 5 | −6 | |
| Loss before income tax | −67 | −61 | −77 | 850,000 | −51 | |
| Tax benefit | 175,000 | 44,000 | 3 | 4 | 28,000 | |
| Net loss | −66 | −61 | −73 | 5 | −51 | |
| Net loss attributable to noncontrolling interest | 30,000 | 109,000 | 100,000 | 21,000 | 247,000 | |
| Net loss attributable to Barinthus Biotherapeutics plc shareholders | −66 | −61 | −73 | 5 | −51 | |
| Weighted-average ordinary shares outstanding, basic (in shares) | 41 | 39 | 38 | 37 | 26 | |
| Weighted-average ordinary shares outstanding, diluted (in shares) | 41 | 39 | 38 | 38 | 26 | |
| Net loss per share attributable to ordinary shareholders, basic (in usd per share) | −1.64 | −1.55 | −1.91 | 0.14 | −1.96 | |
| Net loss per share attributable to ordinary shareholders, diluted (in usd per share) | −1.64 | −1.55 | −1.91 | 0.14 | −1.96 | |
| Other comprehensive gain/(loss) foreign currency translation adjustments | 10 | −3 | 10 | −25 | −7 | |
| Comprehensive loss | −56 | −64 | −63 | −20 | −58 | |
| Comprehensive loss/(gain) attributable to noncontrolling interest | 22,000 | 105,000 | 94,000 | 132,000 | 250,000 | |
| Comprehensive loss attributable to Barinthus Biotherapeutics plc shareholders | −56 | −64 | −63 | −20 | −58 |
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 | 70 | 111 | 142 | 194 | 214 | |
| Restricted cash | 1 | 2 | 0 | — | — | |
| Research and development incentives receivable | 1 | 7 | 5 | 5 | 6 | |
| Prepaid expenses and other current assets | 5 | 6 | 10 | 8 | 6 | |
| Total current assets | 78 | 126 | 157 | 213 | 227 | |
| Property and equipment, net | 4 | 7 | 12 | 8 | 2 | |
| Intangible assets, net | 14 | 22 | 25 | 28 | 31 | |
| Right of use assets, net | 2 | 4 | 8 | 8 | 7 | |
| Other assets | 930,000 | 881,000 | 882,000 | 976,000 | 804,000 | |
| Total assets | 98 | 160 | 215 | 270 | 281 | |
| Accounts payable | 350,000 | 2 | 2 | 4 | 2 | |
| Accrued expenses and other current liabilities | 6 | 10 | 9 | 8 | 8 | |
| Deferred income | 1 | 2 | 0 | — | — | |
| Operating lease liability - current | 2 | 2 | 2 | 433,000 | 523,000 | |
| Total current liabilities | 10 | 16 | 13 | 12 | 11 | |
| Operating lease liability - non-current | 9 | 10 | 11 | 8 | 7 | |
| Contingent consideration | 3 | 3 | 2 | 2 | 2 | |
| Other non-current liabilities | 1 | 1 | 1 | 965,000 | — | |
| Deferred tax liability, net | 254,000 | 438,000 | 574,000 | — | — | |
| Total liabilities | 24 | 30 | 28 | 27 | 28 | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Ordinary shares, 0.000025 nominal value; 40,848,893 shares authorized, issued and outstanding (December 31, 2024: authorized, issued and outstanding: 40,234,663) | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
| Deferred A shares, 1 nominal value; 63,443 shares authorized, issued and outstanding (December 31, 2024: authorized, issued and outstanding: 63,443) | 86,000 | 86,000 | — | — | — | |
| Additional paid-in capital | 394 | 393 | 387 | 380 | 369 | |
| Accumulated deficit | −304 | −238 | −177 | −103 | −109 | |
| Accumulated other comprehensive loss foreign currency translation adjustments | −16 | −26 | −23 | −33 | −8 | |
| Total stockholders equity attributable to Barinthus Biotherapeutics plc shareholders | 74 | 130 | 187 | 243 | 252 | |
| Noncontrolling interest | 84,000 | 106,000 | 211,000 | 305,000 | 437,000 | |
| Total stockholders equity | 74 | 130 | 187 | 243 | 253 | |
| Total liabilities and stockholders equity | 98 | 160 | 215 | 270 | 281 |
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 |
|---|---|---|---|---|---|---|
| Share based compensation | 468,000 | 5 | 5 | 10 | 16 | |
| Impairment of long-lived assets | 6 | 5 | — | — | — | |
| Depreciation and amortization | 6 | 6 | 5 | 4 | 602,000 | |
| Non-cash lease expenses | 3 | 1 | 1 | 1 | 338,000 | |
| Unrealized foreign exchange loss | 4 | −649,000 | 8 | −25 | — | |
| Change in contingent consideration | 26,000 | 866,000 | 55,000 | −73,000 | — | |
| Non-cash interest expense | 51,000 | 48,000 | 28,000 | 19,000 | 813,000 | |
| Deferred tax benefit | −175,000 | −44,000 | −3 | −4 | −119,000 | |
| Profit on sale of property and equipment | −200,000 | 0 | 0 | −348,000 | — | |
| Prepaid expenses and other current assets | 2 | 4 | 2 | −2 | −4 | |
| Research and development incentives receivable | 6 | −2 | −127,000 | 1 | −4 | |
| Accounts payable | −2 | 898,000 | −3 | 1 | −4 | |
| Accrued expenses and other current liabilities | −4 | 456,000 | 2 | 751,000 | 4 | |
| Deferred income | −506,000 | 2 | 0 | — | — | |
| Operating lease liabilities | −2 | −2 | −445,000 | 0 | — | |
| Net cash used in operating activities | −48 | −29 | −51 | −14 | −33 | |
| Proceeds from sale of property and equipment | 500,000 | 0 | 0 | 388,000 | — | |
| Purchases of property and equipment | −37,000 | −892,000 | −5 | −6 | −1 | |
| Net cash provided by/(used) in investing activities | 416,000 | −892,000 | −5 | −6 | −13 | |
| Issue of shares from the exercise of stock options | 2,000 | 0 | 0 | 0 | 9,000 | |
| Proceeds from issue of ordinary shares, net of issuance costs | 0 | 2 | 2 | 484,000 | 103 | |
| Net cash provided by financing activities | 2,000 | 2 | 2 | 325,000 | 223 | |
| Effect of exchange rates on cash, cash equivalents and restricted cash | 7 | −2 | 2 | 187,000 | −6 | |
| Net decrease in cash, cash equivalents and restricted cash | −41 | −30 | −52 | −20 | 171 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Barinthus Biotherapeutics plc.'s CIK number?
Barinthus Biotherapeutics plc.'s SEC CIK number is 0001828185 (1828185). 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 Barinthus Biotherapeutics plc.'s SEC filings?
All of Barinthus Biotherapeutics plc.'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 Barinthus Biotherapeutics plc. last report earnings?
Barinthus Biotherapeutics plc. (BRNS) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001828185-26-000018). This is Barinthus Biotherapeutics plc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Barinthus Biotherapeutics plc.'s most recent earnings 8-K?
Barinthus Biotherapeutics plc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001828185-26-000018. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Barinthus Biotherapeutics plc.'s latest earnings 8-K →
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