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LBRX LBRX Clinical Trial — Direct Research And Development Expenses

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Other financials

Income statement

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Net income-$19.1M-259%
EPS (diluted)-$0.67+95.5%

Balance sheet

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Cash & equivalents$320.7M
Total debt$3.5M
Total equity$378.7M+481%
Total assets$393.5M

Cash flow

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Operating cash flow-$23.3M-187%
CapEx$32.0K+52.4%
Free cash flow-$23.3M-186%

Valuation

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Market cap$874.06M+159%
Enterprise value$556.86M

Returns & leverage

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Return on equity-27.9%
Debt / equity
Current ratio35.7×

Where this comes from

Reported directly by LBRX in its filing.

Tagged under the XBRL concept lbrx:DirectResearchAndDevelopmentExpenses.

The official record: LBRX’s 10-K, filed March 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LBRX's clinical trial — direct research and development expenses?
LBRX (LBRX) reported clinical trial — direct research and development expenses of $1.18M in Q4 2025.
How has LBRX's clinical trial — direct research and development expenses changed year-over-year?
LBRX's clinical trial — direct research and development expenses decreased by 88.8% year-over-year, from $10.59M to $1.18M.
What does clinical trial — direct research and development expenses mean?
This metric represents the direct costs incurred specifically for conducting clinical trials and related research activities for a particular drug candidate or therapeutic program. It encompasses expenses such as patient recruitment, site management, clinical monitoring, and data analysis required to advance a product through regulatory development phases. Monitoring these costs provides insight into the capital intensity and progress of a company's clinical-stage pipeline.