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Zevra Therapeutics, Inc. ZVRA Impairment of intangible assets

Discontinued — last reported Q3 '25

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Segments

By segment

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Reportable Segment$0-100%

Other financials

Income statement

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Revenue$39.7M+53.3%
Gross profit$38.1M+182%
Operating income$16.8M+124%
Net income$8.8M-88.3%
EPS (diluted)$0.14-88.4%

Balance sheet

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Cash & equivalents$145.3M+205%
Total debt$1.5M-97.6%
Total equity$217.7M+85.7%
Total assets$302.7M+18.1%

Cash flow

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Operating cash flow$17.0M+573%
CapEx$217.0K+1.9%
Free cash flow$16.8M+541%

Valuation

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Market cap$686.48M+7.3%
Enterprise value$542.65M-17.1%
P/E11.8×-230×
P/S-5.3×

Profitability

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Gross margin95.5%+23.5pp
Operating margin-103.9%-43.0pp
Net margin42.8%+38.6pp
FCF margin-75%-30.5pp

Returns & leverage

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Return on equity34.8%+31.3pp
Debt / equity-0.5×
Current ratio5.2×-2.7×

Where this comes from

Reported directly by Zevra Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfIntangibleAssetsFinitelived.

The source filing: Zevra Therapeutics, Inc.’s 10-Q, filed November 5, 2025.

Filed
Nov 5, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001434647-25-000011
Line itemThree months ended September 30, 2025Three months ended September 30, 2024Nine months ended September 30, 2025Nine months ended September 30, 2024
Revenue, net$26,063$3,695$72,345$11,569
Cost of product revenue (excluding $315 and $1,545 in intangible asset amortization for the three months ended September 30, 2025, and 2024, respectively, and $3,546 and $4,619 in intangible asset amortization for the nine months ended September 30, 2025, and 2024, respectively, shown separately below)1,2382,30314,9626,051
Intangible asset amortization3151,5453,5464,619
Impairment of intangible assets58,710
Operating expenses:
Research and development3,43210,94510,12333,743
Selling, general and administrative16,93516,20857,26238,743
Total operating expenses20,36727,15367,38572,486

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is Zevra Therapeutics, Inc.'s impairment of intangible assets?
Zevra Therapeutics, Inc. (ZVRA) reported impairment of intangible assets of $0 in Q3 2025.
What does impairment of intangible assets mean?
This represents a non-cash charge recognized when the carrying value of an intangible asset, such as acquired intellectual property or product rights, exceeds its fair value. It indicates a downward revision in the expected future economic benefits of specific drug programs or commercial assets. Investors monitor this to assess the recoverability of investments in research and development pipelines.

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