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LBRX LBRX Preclinical — 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 preclinical — direct research and development expenses?
LBRX (LBRX) reported preclinical — direct research and development expenses of $32.25K in Q4 2025.
How has LBRX's preclinical — direct research and development expenses changed year-over-year?
LBRX's preclinical — direct research and development expenses decreased by 93.0% year-over-year, from $461.25K to $32.25K.
What does preclinical — direct research and development expenses mean?
This metric represents the direct costs incurred by the company specifically for research and development activities within the preclinical stage of drug discovery. It captures expenditures related to laboratory testing, animal studies, and early-stage development efforts required to advance a therapeutic candidate toward clinical trials. Monitoring these costs provides insight into the company's investment in its early-stage pipeline and the efficiency of its discovery-phase operations.