KalVista Pharmaceuticals, Inc.
Business
KalVista Pharmaceuticals is a global biopharmaceutical company developing oral therapies for rare diseases with unmet medical needs. The company's lead product, EKTERLY (sebetralstat), a small-molecule oral plasma kallikrein inhibitor for acute hereditary angioedema attacks, received FDA approval in July 2025 and is the first oral on-demand HAE treatment. KalVista operates through direct commercial infrastructure in the U.S. and partnerships in select international markets including Japan and Canada.
Summary from 10-K filed 2025-07-10
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 | FY 2021 2021-04-30 |
|---|---|---|---|---|---|---|
| Research and development | 72 | 86 | 80 | 70 | 41 | |
| General and administrative | 116 | 54 | 31 | 26 | 17 | |
| Total operating expenses | 188 | 140 | 111 | 97 | 58 | |
| Operating loss | −188 | −140 | −111 | −97 | −58 | |
| Interest income | 6 | 4 | 2 | 1 | 903,000 | |
| Interest (expense) | −6 | — | — | — | — | |
| Foreign currency exchange gain (loss) | 2 | 138,000 | 90,000 | −2 | −847,000 | |
| Other income (expenses), net | 5 | 10 | 16 | 15 | 10 | |
| Total other income | 8 | 14 | 18 | 14 | 12 | |
| Loss before income taxes | −180 | −127 | −93 | −82 | −82 | |
| Income tax (benefit) expense | 3 | 0 | 0 | 0 | 0 | |
| Net loss | −183 | −127 | −93 | −82 | −46 | |
| Foreign currency translation loss | −3 | −394,000 | −604,000 | −1 | 1 | |
| Unrealized holding gain on marketable securities | 2 | 1 | 1 | −2 | −473,000 | |
| Reclassification adjustment for realized (gain) loss on available for sale securities included in net loss | −2 | −1 | 139,000 | 581,000 | −153,000 | |
| Total other comprehensive (loss): | −2 | −428,000 | 801,000 | −2 | 450,000 | |
| Comprehensive loss | −185 | −127 | −92 | −85 | −46 | |
| Net loss per share, basic | −3.69 | −3.44 | −3.33 | −3.36 | −2.42 | |
| Net loss per share, diluted | −3.69 | −3.44 | −3.33 | −3.36 | −2.42 | |
| Weighted average common shares outstanding, basic | 50 | 37 | 28 | 24 | 19 | |
| Weighted average common shares outstanding, diluted | 50 | 37 | 28 | 24 | 19 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 | FY 2021 2021-04-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 132 | 32 | 56 | 31 | 51 | |
| Marketable securities | 89 | 179 | 93 | 135 | 198 | |
| Research and development tax credit receivable | 1 | 8 | 17 | 14 | 10 | |
| Prepaid expenses and other current assets | 20 | 7 | 6 | 13 | 5 | |
| Total current assets | 242 | 226 | 172 | 194 | 264 | |
| Property and equipment, net | 2 | 2 | 3 | 2 | 2 | |
| Right of use assets | 6 | 7 | 8 | 8 | 6 | |
| Other assets | 2 | 567,000 | 106,000 | 193,000 | 200,000 | |
| Total assets | 251 | 235 | 183 | 204 | 272 | |
| Accounts payable | 5 | 9 | 5 | 4 | 2 | |
| Accrued expenses | 27 | 12 | 9 | 7 | 7 | |
| Lease liability - current portion | 2 | 1 | 1 | 977,000 | 863,000 | |
| Deferred revenue | 11 | — | — | — | — | |
| Total current liabilities | 45 | 23 | 15 | 12 | 10 | |
| Lease liability - net of current portion | 4 | 6 | 7 | 7 | 5 | |
| Deferred royalty obligation | 106 | — | — | — | — | |
| Total long-term liabilities | 110 | 6 | 7 | 7 | 5 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Common stock, $0.001 par value, 100,000,000 authorized Shares issued and outstanding: 49,762,048 and 42,521,975 as of April 30, 2025 and 2024, respectively | 50,000 | 42,000 | 34,000 | 25,000 | 24,000 | |
| Additional paid-in capital | 754 | 680 | 507 | 439 | 426 | |
| Accumulated deficit | −653 | −470 | −343 | −250 | −168 | |
| Accumulated other comprehensive loss | −5 | −3 | −3 | −4 | −1 | |
| Total stockholders equity | 95 | 207 | 161 | 185 | 257 | |
| Total liabilities and stockholders equity | 251 | 235 | 183 | 204 | 272 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 | FY 2021 2021-04-30 |
|---|---|---|---|---|---|---|
| Net loss | −183 | −127 | −93 | −82 | −46 | |
| Depreciation and amortization | 900,000 | 800,000 | 700,000 | 564,000 | 537,000 | |
| Stock-based compensation expense | 12 | 22 | 10 | 11 | 7 | |
| Realized (gain) loss from sale of marketable securities | −2 | −1 | 139,000 | 581,000 | — | |
| Non-cash operating lease expense | 370,000 | −12,000 | 84,000 | 179,000 | 114,000 | |
| Amortization of premium on available for sale securities | 14,000 | 92,000 | 988,000 | 3 | 685,000 | |
| Foreign currency exchange loss (gain) | −4 | 760,000 | −2 | 2 | −574,000 | |
| Fair value adjustment to derivative liability | 2 | — | — | — | — | |
| Non-cash interest expense and amortization of issuance costs | 6 | — | — | — | — | |
| Research and development tax credit receivable | 7 | 8 | −2 | −5 | 7 | |
| Prepaid expenses and other assets | −1 | −538,000 | 7 | −9 | −244,000 | |
| Other receivables | −11 | — | — | — | — | |
| Accounts payable | −5 | 4 | 1 | 2 | 150,000 | |
| Accrued expenses | 14 | 3 | 2 | 472,000 | 983,000 | |
| Deferred revenue | 11 | — | — | — | — | |
| Net cash used in operating activities | −153 | −89 | −75 | −78 | −30 | |
| Purchases of available for sale securities | −31 | −189 | −98 | −137 | −201 | |
| Sales and maturities of available for sale securities | 123 | 105 | 141 | 196 | 54 | |
| Acquisition of property and equipment | −434,000 | −42,000 | −1 | −931,000 | −82,000 | |
| Capitalized website development costs | −495,000 | −401,000 | — | — | — | |
| Net cash provided by investing activities | 91 | −85 | 41 | 58 | −148 | |
| Proceeds from the royalty agreement | 100 | — | — | — | — | |
| Issuance costs associated with the royalty agreement | −2 | — | — | — | — | |
| Issuance of common stock, net of offering expenses | 56 | 97 | 57 | — | 211 | |
| Issuance of pre-funded warrants | — | 53 | 1 | — | — | |
| Issuance of common stock from equity incentive plans | 6 | 646,000 | 449,000 | 2 | 2 | |
| Net cash provided by financing activities | 160 | 151 | 58 | 2 | 212 | |
| Effect of exchange rate changes on cash and cash equivalents | 3 | −1 | 1 | −1 | 511,000 | |
| Net increase (decrease) in cash and cash equivalents | 100 | −24 | 26 | −20 | 35 | |
| Right of use assets obtained in exchange for operating lease liabilities | 725,000 | 162,000 | 1 | 3 | 5 | |
| Website development costs included in accounts payable | — | 31,000 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is KalVista Pharmaceuticals, Inc.'s CIK number?
KalVista Pharmaceuticals, Inc.'s SEC CIK number is 0001348911 (1348911). 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 KalVista Pharmaceuticals, Inc.'s SEC filings?
All of KalVista 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 KalVista Pharmaceuticals, Inc. last report earnings?
KalVista Pharmaceuticals, Inc. (KALV) most recently filed an earnings 8-K with the SEC on Mar 25, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-122784). This is KalVista Pharmaceuticals, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is KalVista Pharmaceuticals, Inc.'s most recent earnings 8-K?
KalVista Pharmaceuticals, Inc.'s latest earnings 8-K (Item 2.02) was filed Mar 25, 2026 under accession 0001193125-26-122784. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View KalVista Pharmaceuticals, Inc.'s latest earnings 8-K →
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