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MARKETS / BALCAO / ATXI
BALCAO · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Avenue Therapeutics, Inc. ATXI

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.4M
$-2.9M
In brief

What this company does

Our current product candidates are ATX-04, a selective β2-adrenergic agonist for Pompe disease, intravenous tramadol (“IV tramadol”), a schedule IV opioid for the treatment of post-operative acute pain and previously, through November 5, 2025, BAER-101 for the treatment of epilepsy and panic disorders. In February 2026, we announced the entry into an exclusive license agreement with Duke University for patents and know-how relating to clenbuterol (referred to as ATX-04), a selective β2-adrenergic agonist, for the treatment of lysosomal storage diseases with a focus on Pompe disease. We have been developing IV tramadol since inception of the Company and prior to our initial public offering in 2017. We are a majority-controlled subsidiary of Fortress. On February 18, 2026, Avenue entered into a license agreement with Duke University (“Duke”), pursuant to which Avenue obtained an exclusive worldwide license (the "ATX-04 License") from Duke to certain patents and know-how pertaining to clenbuterol for the treatment of lysosomal storage diseases. Under the ATX-04 License, Avenue made an upfront payment and reimbursed certain patent expenses to Duke and has an obligation to make development, regulatory, and commercial milestone payments upon the achievement of certain milestones. In addition, Avenue is obligated to pay a tiered low single-digit royalty on future net sales of ATX-04.

Written from the business description in Avenue Therapeutics, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth
USD 1.4M
Revenue, FY2025 · full 10-year series below
Revenue $M Net income $M
FY2025 · Revenue 1.4 · Net income -2.9
0.5M1.0M-4.0M-8.0M2016201720182019202020212022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−210 cents
lost on every revenue dollar
ROE
FY2025 · ROE -125.7%
-500%2016201720182019202020212022202320242025

Each USD of equity lost 126 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2023 · Dividends — · Net buybacks 0.0
0.4M0.8M20222023

Total assetsUSD 2.9M
EquityUSD 1.8M
CashUSD 2.9M

Equity funds 63% of total assets.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B0.00.0········
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B··········
Income tax $B0.00.00.00.0······
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $····−0.22−0.31−1.65−2.10−1.85−1.11
Dividend / sh $··········
Payout %··········
ROE %−125.7−532.2−382.3−96.6−128.4−112.5−839.9−229.9−220.2·
Shares out B0.000.000.000.000.000.020.020.010.010.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures in 40 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 36 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityPharmaceutical Preparations
Listed onOTC market
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2016

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