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Cassava Sciences(NASDAQ) FLNA

Market CapN/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2000)-99%
5 Year-99%
1 Year-55%
1 Month-16%
N/A
Cassava Sciences last closing stock price
MetricPriceDate
Last closeUSD 1.002026-08-07
Cassava Sciences stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.49%USD 1.012026-07-31
1 month-15.68%USD 1.182026-07-08
3 month-23.46%USD 1.302026-05-08
Year to date-49.75%USD 1.982025-12-31
1 year-54.57%USD 2.192025-08-07
3 year-94.7%USD 18.782023-08-08
5 year-98.97%USD 96.412021-08-06
Since inception-98.88%USD 89.242000-07-14

Cassava Sciences Financials at a Glance

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$0.00

Net Income (TTM)

-$42.28M

EPS (TTM)

N/A

P/E Ratio

N/A

Dividend

N/A

Beta (Volatility)

N/A

Price

N/A

Volume

N/A

Open

N/A

Previous Close

N/A

Daily Range

N/A

52-Week Range

N/A

Estimated Earnings Date

Oct 29, 2026

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About Cassava Sciences

Cassava develops drugs for brain diseases, focusing on epilepsy. Its main product aims to help people with severe seizures. The company also owns office property, leasing space to other businesses.

Brainy Business: Products and Services

  • Simufilam (Drug Candidate): Oral drug in early testing for epilepsy linked to Tuberous Sclerosis Complex; 0% of revenue as of Q3 2025.
  • SavaDx (Diagnostic Candidate): Blood test for Alzheimer’s detection; development stopped in mid-2025; 0% of revenue.
  • Office Property Leasing: Rents out part of its Austin, Texas office complex; lease revenue was $246,000 for six months ended June 2025.

Plot Twists: Growth and Expansion Moves

  • Discontinued all Alzheimer’s drug trials in 2024–2025 after unsuccessful Phase 3 results.
  • Shifted focus to TSC-related epilepsy in early 2025, licensing technology from Yale University in February 2025.
  • Ended SavaDx diagnostic program in mid-2025 to concentrate resources on epilepsy drug development.
  • Announced positive preclinical results for simufilam in TSC-related epilepsy in August 2025.
  • Plans to start clinical trials for simufilam in epilepsy in 2026.

What Makes Cassava Stand Out (Without the Hype)

Cassava targets a brain protein called filamin A, aiming to reduce seizures in rare epilepsy. The company holds exclusive global rights to its main drug for this use. It also manages a large office property, providing some rental income.

Five Things You Need to Know

  • Revenue was $840,000 in Q3 2025, up from $0 in Q3 2024.
  • Net income reached $70 million in Q3 2025, up 320.6% from Q3 2024.
  • Cash and equivalents were $112.4 million as of June 30, 2025.
  • Research and development expenses fell 66% year-over-year in Q2 2025.
  • Litigation reserves rose to $35.25 million by June 2025 due to legal challenges.

Bottom Line

Cassava has shifted from Alzheimer’s research to rare epilepsy, cutting costs and focusing on one main drug. The company faces legal and financial hurdles but maintains cash reserves for near-term operations.

AI Generated • Apr 16, 2026

Industry

Pharmaceuticals

Employees

20

CEO

Richard Jon Barry

Headquarters

Austin, TX 78731, US

FLNA Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

-58.78%

Return on Capital

-128.21%

Return on Assets

-40.69%

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

N/A

Volume

N/A

Avg. Volume

N/A

Financials (TTM)

Gross Profit

-$910.00K

Operating Income

-$45.97M

EBITDA

-$42.03M

Operating Cash Flow

-$31.16M

Capital Expenditure

-$602.00K

Free Cash Flow

-$31.76M

Cash & ST Invst.

$82.68M

Total Debt

$0.00

Cassava Sciences Performance Analysis

Cassava Sciences annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 0N/A
20232023-12-31USD 0N/A
20242024-12-31USD 0N/A
20252025-12-31USD 0N/A
Cassava Sciences sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
Q22026-06-30N/A
Cassava Sciences annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -1.90130.8%
20232023-12-31USD -2.3222.2%
20242024-12-31USD -1.46-36.9%
20252025-12-31USD -1.8828.8%
Cassava Sciences sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3076.1%
Q42025-12-31-18.2%
Q12026-03-3119.2%
Q22026-06-3014.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$0.00

N/A

Gross Profit

-$300.00K

N/A

Gross Margin

0.00%

N/A

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

19

N/A

Net Income

-$8.60M

+80.5%

EBITDA

-$9.09M

+79.3%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$82.68M

-26.4%

Total Debt

$0.00

N/A

Accounts Receivable

$0.00

-100.0%

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$0.00

N/A

Return on Assets

-40.69%

N/A

Return on Invested Capital

-72.12%

N/A

Free Cash Flow

-$3.88M

+93.7%

Operating Cash Flow

-$3.86M

+93.7%

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Questions About FLNA

What is the current price of Cassava Sciences?

Cassava Sciences is trading at N/A per share.

What is the 52-week range for Cassava Sciences?

Over the past 52 weeks, Cassava Sciences has traded between N/A and N/A.

How much debt does Cassava Sciences have?

As of the most recent reporting period, Cassava Sciences reported total debt of $0.00.

How much cash does Cassava Sciences have on hand?

Cassava Sciences reported $82.68M in cash and cash equivalents in its most recent financial results.

What is Cassava Sciences’s dividend yield?

Cassava Sciences does not currently have a dividend yield.

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