Enveric Biosciences, Inc.
Business
Enveric Biosciences is a biotechnology company developing small-molecule neuroplastogenic therapeutics for psychiatric and neurological disorders. The company's lead candidate, EB-003, is a non-hallucinogenic DMT derivative designed to engage 5-HT2A and 5-HT1B receptors and promote neuroplasticity without inducing hallucinations. Enveric operates a proprietary drug-discovery platform called the Psybrary™ containing 20 patent families covering approximately one million potential molecular structures. The company is advancing EB-003 through preclinical studies and IND-enabling safety and toxicology work targeting depression and neuropsychiatric disorders. Geographic focus includes FDA and international regulatory pathways.
Summary from 10-K filed 2026-03-27
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 |
|---|---|---|---|---|---|---|
| General and administrative | 6 | 6 | 9 | 12 | 20 | |
| Research and development | 3 | 3 | 7 | 8 | 5 | |
| Depreciation and amortization | 200,858 | 337,489 | 343,982 | 327,910 | 656,643 | |
| Total operating expenses | 9 | 10 | 16 | 27 | 65 | |
| Loss from operations | −9 | −10 | −16 | −27 | −65 | |
| Other income | 2,567 | 65,990 | — | — | — | |
| Interest (expense) income, net | −106 | 219 | 3,708 | −5,249 | — | |
| Total other income | 2,461 | 66,209 | −814,379 | 7 | 8 | |
| Net loss before income taxes | −9 | −10 | −17 | −20 | −56 | |
| Income tax expense | — | −8,930 | −28,913 | 1 | 7 | |
| Net loss | −9 | −10 | −17 | −18 | −49 | |
| Less deemed dividend on inducement of warrants | 3 | — | 19,041 | 33,014 | — | |
| Net loss attributable to shareholders | −12 | −10 | −17 | −19 | −49 | |
| Foreign currency translation | 14,479 | −24,768 | −33,015 | −505,932 | 150,475 | |
| Comprehensive loss | −9 | −10 | −17 | −19 | −49 | |
| Net loss per share - basic | −36.24 | −228.48 | −121.29 | −13 | −103.69 | |
| Net loss per share - diluted | −36.24 | −228.48 | −121.29 | −13 | — | |
| Weighted average shares outstanding, basic | 334,719 | 41,908 | 143,938 | 1 | 472,343 | |
| Weighted average shares outstanding, diluted | 334,719 | 41,908 | 143,938 | 1 | — |
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 | 5 | 2 | 2 | 18 | 17 | |
| Prepaid expenses and other current assets | 259,216 | 493,558 | 1 | 708,053 | 380,838 | |
| Total current assets | 5 | 3 | 4 | 18 | 18 | |
| Property and equipment, net | 159,234 | 305,777 | 507,377 | 677,485 | 294,430 | |
| Intangible assets, net | — | 42,182 | 210,932 | 379,686 | — | |
| Total other assets | 159,234 | 347,959 | 718,309 | 1 | 9 | |
| Total assets | 5 | 3 | 4 | 20 | 27 | |
| Accounts payable | 581,020 | 521,747 | 1 | 463,275 | 683,393 | |
| Due to related parties | 99,875 | 232,891 | 23,608 | 851,008 | — | |
| Accrued expenses and other current liabilities | 237,505 | 735,098 | — | — | 683,393 | |
| Total current liabilities | 918,400 | 1 | 2 | 4 | 3 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Series C redeemable preferred stock, $0.01 par value, 100,000 shares authorized, and 0 shares issued and outstanding as of December 31, 2025 and 2024, respectively | — | — | — | — | — | |
| Total mezzanine equity | — | — | — | 885,028 | — | |
| Preferred stock, $0.01 par value, 20,000,000 shares authorized; Series B preferred stock, $0.01 par value, 3,600,000 shares authorized, 0 shares issued and outstanding as of December 31, 2025 and 2024, respectively | — | — | — | — | — | |
| Common stock, $0.01 par value, 100,000,000 shares authorized, 1,061,533 and 56,501 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 10,615 | 565 | 1,827 | 20,782 | 6,519 | |
| Additional paid-in capital | 120 | 108 | 101 | 94 | 83 | |
| Accumulated deficit | −115 | −106 | −96 | −79 | −61 | |
| Accumulated other comprehensive loss | −580,038 | −594,517 | −569,749 | −536,734 | −30,802 | |
| Total shareholders equity | 4 | 2 | 2 | 15 | 22 | |
| Total liabilities, mezzanine equity, and shareholders equity | 5 | 3 | 4 | 20 | 27 |
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 |
|---|---|---|---|---|---|---|
| Change in fair value of warrant liability | −858 | −24,370 | — | — | — | |
| Change in fair value of investment option liability | −1,707 | −21,620 | — | — | — | |
| Stock-based compensation | 827,323 | 2 | 2 | 3 | 13 | |
| Deferred offering costs expensed | — | 418,200 | — | — | — | |
| Amortization of intangibles | 42,182 | 168,750 | 168,754 | 168,750 | 643,333 | |
| Depreciation expense | 158,676 | 168,739 | 175,228 | 159,160 | 13,310 | |
| Other | −99,230 | — | — | — | — | |
| Prepaid expenses and other current assets | 250,938 | 178,496 | −6,857 | −374,058 | 826,837 | |
| Accounts payable, accrued expenses and other liabilities | −413,864 | −834,630 | −103,848 | 263,686 | 383,199 | |
| Due to related parties | −133,016 | 232,891 | — | — | — | |
| Net cash used in operating activities | −8 | −8 | −14 | −17 | −11 | |
| Proceeds from sale of Common Stock and warrants, net of offering costs | 4 | — | — | — | 3 | |
| Proceeds from Common Stock sold for cash pursuant to the ATM Agreement, net of offering costs | 2 | — | — | — | — | |
| Proceeds from the exercise and inducement of Series A, B, C, and D warrants, net of offering costs | 5 | 3 | — | — | 3 | |
| Proceeds from Common Stock sold under the Equity Distribution Agreement, net of offering costs | — | 2 | — | 17 | 22 | |
| Proceeds from Common Stock sold under the Purchase Agreement, net of offering costs | — | 1 | — | — | — | |
| Proceeds from the subscription receivable related to the issuance of Inducement Warrants and the exercise of warrants and preferred investment options | — | 2 | — | — | — | |
| Payment for offering costs previously accrued | — | −181,857 | — | — | — | |
| Net cash provided by financing activities | 11 | 8 | −1 | 18 | 25 | |
| Effect of foreign exchange rate on changes on cash | −1,499 | 5,354 | −10,022 | −81,364 | 144,942 | |
| Net increase (decrease) in cash | 2 | −46,951 | −15 | 367,885 | 16 | |
| Cash paid for interest | — | — | — | 5,249 | 10,316 | |
| Income taxes paid | — | 5,000 | 9,507 | — | — | |
| Non-cash issuance of round-up shares | 860 | — | — | — | 39 | |
| Non-cash issuance of RSA vested shares | 393 | — | — | — | — | |
| Offering costs accrued not paid | 64,588 | — | 182,724 | — | — | |
| Deferred offering costs not paid | 5,000 | — | — | — | — | |
| Deemed dividend on inducement of warrants | 3 | — | — | — | — | |
| Issuance of Placement Agent Warrants as offering costs | 364,000 | — | — | — | — | |
| Issuance of common shares for offering costs | — | 771,293 | — | — | — | |
| Deferred offering costs charged to offering costs | — | 612,000 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Enveric Biosciences, Inc.'s CIK number?
Enveric Biosciences, Inc.'s SEC CIK number is 0000890821 (890821). 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 Enveric Biosciences, Inc.'s SEC filings?
All of Enveric Biosciences, 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 Enveric Biosciences, Inc. last report earnings?
Enveric Biosciences, Inc. (ENVB) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-023345). This is Enveric Biosciences, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Enveric Biosciences, Inc.'s most recent earnings 8-K?
Enveric Biosciences, Inc.'s latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0001493152-26-023345. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Enveric Biosciences, Inc.'s latest earnings 8-K →
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