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Other financials

Income statement

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Revenue-
Gross profit-
Operating income-$9.3M-52.6%
Net income-$8.4M-44.6%
EPS (diluted)-$0.05+28.6%

Balance sheet

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Cash & equivalents$107.1M+277%
Total debt$871.0K+0.1%
Total equity$107.4M+287%
Total assets$114.2M+227%

Cash flow

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Operating cash flow-$8.8M+2.5%

Valuation

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Market cap$2.3B+1,350%
Enterprise value$2.19B+1,537%

Profitability

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Gross margin90%-7.4pp
Operating margin-4,195%-4,591pp
Net margin-4,130.1%-4,444pp
FCF margin-300.5%

Returns & leverage

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Return on equity-43.6%-17.9pp
Debt / equity0.0×
Current ratio17.2×+12.6×

Where this comes from

Reported directly by SELLAS Life Sciences Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The source filing: SELLAS Life Sciences Group, Inc.’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001390478-26-000008
Line itemThree Months Ended March 31, 20262025
Operating expenses:
Research and development$5,129$3,205
General and administrative4,1232,858
Total operating expenses9,2526,063
Loss from operations(9,252)(6,063)
Non-operating income:
Interest income845250
Total non-operating income845250

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is SELLAS Life Sciences Group, Inc.'s R&D?
SELLAS Life Sciences Group, Inc. (SLS) reported R&D of $5.13M in Q1 2026.
How has SELLAS Life Sciences Group, Inc.'s R&D changed year-over-year?
SELLAS Life Sciences Group, Inc.'s R&D increased by 60.0% year-over-year, from $3.21M to $5.13M.
What is the long-term trend for SELLAS Life Sciences Group, Inc.'s R&D?
Over 4 years (2021 to 2025), SELLAS Life Sciences Group, Inc.'s R&D has grown at a 0.6% compound annual growth rate (CAGR), from $15.67M to $16.02M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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