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Other financials

Income statement

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Operating income-$1.2M-224%
EPS (diluted)-$0.03-200%

Balance sheet

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Cash & equivalents$11.2M+613%
Total debt$6.0M
Total equity$6.1M+647%
Total assets$18.6M

Cash flow

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Operating cash flow-$1.6M-448%

Valuation

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Market cap$292.44M+13.4%
Enterprise value$287.23M

Returns & leverage

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Return on equity-118.8%
Debt / equity
Current ratio2.2×

Where this comes from

Reported directly by Turn Therapeutics Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Turn Therapeutics Inc.’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-054490
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net gain from change in fair value of derivative liability instrument697,561-
Amortization of deferred offering cost(477,647)-
Interest income49,6795,165
Other income5,57851,285
Total other income275,17156,450
NET LOSS$(970,972)$(328,547)
Basic and diluted net loss per common share$(0.03)$(0.01)
Weighted-average common shares outstanding, basic and diluted29,476,00226,956,217

Item 1. Condensed Consolidated Financial Statements (Unaudited).

FAQ

What is Turn Therapeutics Inc.'s net income?
Turn Therapeutics Inc. (TTRX) reported net income of -$970.97K in Q1 2026.
How has Turn Therapeutics Inc.'s net income changed year-over-year?
Turn Therapeutics Inc.'s net income decreased by 195.5% year-over-year, from -$328.55K to -$970.97K.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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