Scienture Holdings, Inc.
Business
Scienture Holdings, Inc. is a specialty pharmaceutical company focused on commercializing and developing products for cardiovascular and central nervous system diseases. The company offers an FDA-approved oral liquid formulation of losartan (ArbliTM) for hypertension and has licensed naloxone nasal spray (REZENOPYTM) for opioid overdose treatment. Scienture operates a development pipeline of product candidates in migraine, thrombosis, pain management, and related disorders, with commercialization through U.S. direct sales and strategic partnerships internationally.
Summary from 10-K filed 2026-03-30
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 |
|---|---|---|---|---|---|---|
| Revenues | 431,609 | 136,643 | 1 | 10 | 10 | |
| Cost of sales | 100,127 | 130,638 | 1 | 5 | 5 | |
| Gross profit | 331,482 | 6,005 | 49,030 | 6 | 5 | |
| Wage and salary expense | 2 | 2 | 626,547 | 4 | 4 | |
| Professional fees | 2 | 1 | 875,136 | 466,735 | 1 | |
| Accounting and legal expense | 2 | 2 | 2 | 829,751 | 697,825 | |
| Technology expense | 97,261 | 416,311 | 100,280 | 993,185 | 899,705 | |
| General and administrative | 8 | 7 | 1 | 2 | 2 | |
| Research and development | 2 | 2 | — | — | — | |
| Impairment loss | 26 | — | — | — | — | |
| Total operating expenses | 43 | 15 | 4 | 8 | 10 | |
| Operating loss | −43 | −15 | −4 | −3 | −5 | |
| Change in fair value of warrant liability | 909,020 | −182,982 | −148,420 | 825,544 | — | |
| Change in fair value of derivative liability | 2 | 180,383 | — | — | — | |
| Impairment of investment | — | −3 | — | — | — | |
| Loss on conversion of note payable | −53,446 | — | — | — | — | |
| Loss on disposition of subsidiaries | −288,204 | — | — | — | — | |
| Interest income | 302,702 | 135,337 | 4,198 | 20,989 | — | |
| Loss on disposal of asset | — | −374,968 | −3 | 2,200 | — | |
| Interest expense | −4 | −1 | −1 | — | — | |
| Total non-operating expense | −916,300 | −4 | −4 | 512,527 | −23,590 | |
| Net loss from continuing operations | −44 | −19 | −8 | — | — | |
| Benefit / (provision) for income taxes | 2 | 534,396 | — | — | — | |
| Net loss from continuing operations, net of tax | −42 | −18 | −8 | −2 | — | |
| Net income from discontinued operations, net of tax | — | 27 | −9 | −2 | — | |
| Net (loss) income | −42 | 9 | −18 | −3 | −5 | |
| Basic | −2.7 | −5.41 | −11.1 | −3.48 | — | |
| Diluted | −2.7 | −5.41 | −11.1 | −3.47 | — | |
| Basic | — | 8.09 | −12.25 | −2.67 | — | |
| Diluted | — | 7.47 | −3.93 | −2.66 | — | |
| Basic (per share) | −2.7 | 2.69 | −23.35 | −6.15 | — | |
| Diluted (per share) | −2.7 | 2.48 | −23.35 | −6.13 | −0.65 | |
| Basic (shares) | 15 | 3 | 764,058 | 564,862 | 8 | |
| Diluted (shares) | 15 | 4 | 2 | 566,609 | — |
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 2022 2022-01-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7 | 308,096 | — | — | — | |
| Accounts receivable, net | 731,328 | 11,106 | — | 629,921 | — | |
| Inventory | 213,408 | — | 968 | 65,523 | — | |
| Prepaid expenses | 262,278 | 4,560 | 50,724 | 104,461 | — | |
| Other receivables | — | 4 | 1 | — | — | |
| Deferred offering costs | 47,384 | 534,800 | — | — | — | |
| Current assets of discontinued operations | — | 8,145 | 176,355 | 198,324 | — | |
| Total current assets | 8 | 6 | 3 | 2 | — | |
| Property, plant and equipment, net | 15,500 | 17,500 | 7,500 | 65,214 | — | |
| Deposits | — | 22,039 | 10,531 | 49,029 | — | |
| Notes receivable | 5 | — | — | — | — | |
| Interest receivable | 250,000 | — | — | — | — | |
| Intangible assets, net | 71 | 76 | — | — | — | |
| Goodwill | — | 21 | — | — | — | |
| Operating lease right-of-use assets | 23,360 | 201,433 | 191,216 | 1 | 642,887 | |
| Deferred tax asset | — | 534,396 | — | — | — | |
| Total assets | 84 | 105 | 13 | 4 | — | |
| Accounts payable | 1 | 3 | 1 | 527,984 | — | |
| Accrued liabilities | 657,034 | 1 | 160,214 | 271,230 | — | |
| Other current liabilities | — | 5,441 | 67,831 | 67,517 | — | |
| Loan payable, related party | — | 415,000 | — | — | — | |
| Convertible note, net of debt discount - current portion | — | 2 | — | — | — | |
| Operating lease liability - current | 24,137 | 63,334 | 32,595 | 196,872 | — | |
| Warrant liability | 10,914 | 919,935 | 736,953 | 588,533 | — | |
| Development agreement liability - current portion | 600,000 | — | — | — | — | |
| Current liabilities of discontinued operations | — | 5,346 | 8 | 219,952 | — | |
| Total current liabilities | 3 | 8 | 12 | 2 | — | |
| Convertible notes, net of debt discount | — | 612,275 | — | — | — | |
| Derivative liability | — | 2 | — | — | — | |
| Operating lease liability - net of current portion | — | 156,469 | 176,909 | 887,035 | — | |
| Development agreement liability | 285,000 | 1 | — | — | — | |
| Deferred tax liability | 11 | 14 | — | — | — | |
| Total liabilities | 14 | 26 | 12 | 3 | — | |
| Commitments and contingencies (Note 15) | — | — | — | — | — | |
| Common stock, $0.00001 par value; 100,000,000 shares authorized; 40,630,815 and 8,750,582 shares issued and outstanding as of December 31, 2025 and 2024, respectively 1,015,000 and 0 shares unvested as of December 31, 2025 and 2024, respectively | 406 | 87 | 9 | 6 | — | |
| Additional paid-in capital | 151 | 118 | 34 | 20 | — | |
| Accumulated deficit | −81 | −39 | −33 | −20 | — | |
| Total stockholders equity | 70 | 79 | 542,353 | 763,136 | — | |
| Total liabilities and stockholders equity | 84 | 105 | 13 | 4 | — |
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 expense | 2,000 | 2,000 | 19,375 | 13,486 | 7,351 | |
| Amortization of intangible assets | 453,846 | — | 814,790 | — | — | |
| Change in fair value of warrant liability | −909,020 | 182,982 | 148,420 | — | 21,640 | |
| Loss on disposition of subsidiaries | 214,486 | — | — | — | — | |
| Stock-based compensation | 2 | 25,584 | — | — | — | |
| Common stock issued for services | 4 | 5 | 257,772 | 254,106 | 181,163 | |
| Goodwill impairment | 26 | — | 5 | — | — | |
| Amortization of debt discount | 3 | 912,447 | — | — | — | |
| Amortization of right-of-use assets | 35,935 | 51,361 | 215,665 | 181,218 | 131,558 | |
| Interest income | −250,000 | — | — | — | — | |
| Accounts receivable, net | −720,222 | −11,106 | −293,784 | 369,932 | −789,587 | |
| Prepaid expenses and deposits | −193,023 | 34,656 | 38,367 | 335,066 | −103,666 | |
| Inventory | −213,408 | 968 | 4 | −51,737 | 825,127 | |
| Other receivables | −80,469 | −3 | −254,924 | −875,250 | 1 | |
| Lease liability | −36,979 | −51,587 | −228,470 | −164,618 | −131,153 | |
| Accounts payable | −2 | 448,572 | 2 | 199,833 | 220,199 | |
| Accrued liabilities | −248,574 | −44,616 | 58,692 | −211,694 | −13,819 | |
| Current liabilities | −5,441 | −62,390 | 2,794 | — | — | |
| Net cash used in operating activities from continuing operations | −13 | −13 | 4 | −199,020 | — | |
| Net cash provided by (used in) operating activities from discontinued operations | 2,799 | −979,075 | −6 | −1 | — | |
| Net cash used in operating activities | −13 | −14 | −2 | −2 | −3 | |
| Cash received in acquisition | — | 132,976 | — | — | — | |
| Acquisition of property and equipment | — | −12,000 | — | — | −22,596 | |
| Investment in securities | — | −3 | — | — | — | |
| Net cash used in investing activities from continuing operations | — | −2 | −344,454 | 749 | — | |
| Net cash provided by investing activities from discontinued operations | — | 30 | 68,737 | −428,594 | — | |
| Net cash provided by investing activities | — | 28 | −275,717 | −427,845 | −22,596 | |
| Repayment of contingent liability | — | −1 | −1 | −716,964 | — | |
| Proceeds from loan payable, related party | 116,000 | 150,000 | — | — | — | |
| Repayment of loan payable, related party | −531,000 | — | — | — | −225,000 | |
| Proceeds from issuance of convertible notes, net of issuance costs | — | 3 | — | — | — | |
| Proceeds from convertible notes | 4 | — | — | — | — | |
| Repayment of convertible notes | −9 | — | — | — | — | |
| Gross proceeds from issuance of common stock | 26 | — | — | 130,918 | — | |
| Repayment of development liability | −400,000 | — | — | — | — | |
| Cash dividends paid | — | −15 | — | — | — | |
| Proceeds from exercise of warrants | — | 16,567 | 1,622 | 875 | 15,001 | |
| Proceeds from exercise of options | — | 9,840 | — | — | 1,821 | |
| Net cash provided by (used in) financing activities from continuing operations | 20 | −13 | 2 | 239,829 | — | |
| Net cash used in financing activities from discontinued operations | — | −5,000 | −500,000 | −275,000 | — | |
| Net cash provided by (used in) financing activities | 20 | −13 | 1 | −35,171 | −208,178 | |
| Net change in cash | 6 | 307,782 | −1 | −2 | −3 | |
| Cash paid for interest | — | — | 733,694 | 336,206 | 28,337 | |
| Cash paid for taxes | — | — | — | — | — | |
| Conversion of note payable into common stock | 411,000 | — | — | — | — | |
| Equity line of commitment shares issued as offering costs | 2 | 534,800 | — | — | — | |
| Issuance of note receivable in exchange for other receivables | 5 | — | — | — | — | |
| Issuance of shares pursuant to Merger | — | 79 | — | — | — | |
| Assets acquired in connection with Merger | — | 194,554 | — | — | — | |
| Liabilities assumed in connection with Merger | — | 6 | — | — | — | |
| Insurance premium financed | — | 198,245 | 306,152 | 220,354 | — | |
| Issuance of common shares in connection with converible debenture | — | 420,200 | — | — | — | |
| Deferred offering costs | — | 69,444 | — | — | — | |
| Derivative liability recognized in connection with issuance of convertible note | — | 2 | — | — | — | |
| Warrants issued with convertible note | — | 71,332 | — | — | — | |
| Common stock issued for convertible note settlement | 189,673 | — | — | — | — | |
| Common stock issued for convertible note extension | 175,250 | — | — | — | — | |
| Accretion of original issue discount on Treasury Bills | 20,625 | — | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Scienture Holdings, Inc.'s CIK number?
Scienture Holdings, Inc.'s SEC CIK number is 0001382574 (1382574). 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 Scienture Holdings, Inc.'s SEC filings?
All of Scienture Holdings, 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 Scienture Holdings, Inc. last report earnings?
Scienture Holdings, Inc. (SCNX) most recently filed an earnings 8-K with the SEC on May 22, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-025062). This is Scienture Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Scienture Holdings, Inc.'s most recent earnings 8-K?
Scienture Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed May 22, 2026 under accession 0001493152-26-025062. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Scienture Holdings, Inc.'s latest earnings 8-K →
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