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Company research

LB PHARMACEUTICALS INC

CIK 1691082Updated Sep 27, 2026

Name history
LB PHARMACEUTICALS INC. · through Dec 12, 2018

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About the company

We are a late-stage biopharmaceutical company developing novel therapies for the treatment of a wide range of neuropsychiatric disorders including schizophrenia, bipolar depression, adjunctive treatment of major depressive disorder and other diseases. We are building a pipeline that leverages the broad therapeutic potential of our lead product candidate, LB-102, which we believe has the potential to be the first benzamide antipsychotic drug approved for neuropsychiatric disorders in the United States. LB-102 is currently in late-stage clinical development for schizophrenia and bipolar depression. We are also planning to conduct a Phase 2 clinical trial evaluating LB-102 as an adjunctive treatment in major depressive disorder, or MDD. LB-102 is a new chemical entity and a methylated derivative of amisulpride, a second-generation antipsychotic drug approved in over 50 countries, not including the United States, because the development and regulatory requirements of the U.S. Food and Drug Administration, or FDA, for amisulpride were incompatible with patent coverage on the drug. Amisulpride is a generic drug that has been extensively used in clinical practice following its initial app…

S-1 · 2026-04-06 · 0001193125-26-143724

Company description from the cited filing.

In the news

Seeking Alpha
SEC disclosures

Financials

FY 2025 · USD
Revenue— · FY 2025
Net income-25,205,000USD · FY 2025
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

Operating income— · FY 2025
Diluted EPS-3.13USD per share · FY 2025
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024
ASSETS
AssetsUSD312,934,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

33,534,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Property, Plant and Equipment, NetUSD1,581,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

1,859,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD250,173,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

22,978,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Assets, CurrentUSD308,432,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

28,879,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Prepaid Expense and Other Assets, CurrentUSD13,219,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

880,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Operating Lease, Right-of-Use AssetUSD2,151,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

2,298,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD11,624,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

13,829,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD3,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

1,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Retained Earnings (Accumulated Deficit)USD-129,528,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

-104,323,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD168,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

111,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Stockholders' Equity Attributable to ParentUSD301,310,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

-94,554,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Additional Paid in Capital, Common StockUSD430,667,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

9,657,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Liabilities and EquityUSD312,934,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

33,534,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Current liabilities:
Liabilities, CurrentUSD7,442,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

8,109,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Operating Lease, Liability, CurrentUSD730,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

487,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Accounts Payable, CurrentUSD2,127,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

2,320,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Operating Lease, Liability, NoncurrentUSD2,839,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

3,216,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD4,585,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

5,302,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Cash, Cash Equivalents, and Short-term InvestmentsUSD295,203,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

25,445,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD321,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

91,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Share-based Payment Arrangement, Noncash ExpenseUSD4,191,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

3,090,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Deferred Income Tax Expense (Benefit)USD0
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-35,208,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-53,052,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-39,887,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

23,234,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Payments to Acquire Property, Plant, and EquipmentUSD52,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

769,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD302,562,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

38,315,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD227,467,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

8,497,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD250,943,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

23,476,000
Source

10-Q · 2025-11-06 · 0001193125-25-268174

As of 2024-12-31

Additional Financial Items
Cash, Cash Equivalents, and Short-term InvestmentsUSD295,203,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2025-12-31

25,445,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

As of 2024-12-31

Gain (Loss) on Sale of DerivativesUSD-1,161,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

947,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Gain (Loss) on Sale of InvestmentsUSD119,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

955,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD13,660,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

13,659,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Impairment of Intangible Assets, Finite-livedUSD0
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD1,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Investment Income, InterestUSD3,920,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,721,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD119,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

955,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-25,205,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-63,102,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD-25,205
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-63,102
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Nonoperating Income (Expense)USD5,200,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,729,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Operating ExpensesUSD30,404,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

64,830,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD2,500,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

30,100,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-25,204,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-63,101,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD1,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-25,205,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-63,102,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Earnings Per Share, BasicUSD per share-3.13
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-176.15
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Earnings Per Share, DilutedUSD per share-3.13
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-176.15
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Basicshares8,045,145
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

358,229
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares8,045,145
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

358,229
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD1,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Depreciation, Depletion and Amortization, NonproductionUSD300,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

100,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD13,660,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

13,659,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Investment Income, InterestUSD3,920,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,721,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment LossUSD119,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

955,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD-25,205
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

-63,102
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Nonoperating Income (Expense)USD5,200,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

1,729,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Operating ExpensesUSD30,404,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

64,830,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Research and Development ExpenseUSD16,744,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2025-01-01 to 2025-12-31

51,171,000
Source

10-K · 2026-03-26 · 0001193125-26-126368

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-294900

S-1 · 2026-04-06 · 0001193125-26-143724

Terms from the governing filing for this registration; not a claim that the offering is open today.

Registration 333-289812

424B4 · 2025-09-12 · 0001193125-25-201757

Terms from the governing filing for this registration; not a claim that the offering is open today.

Gross proceeds
285000000.0
Net proceeds
265050000.0
Deal price
15.0
Shares
19000000
Offering price
$15.00
Ticker
LBRX

Filing attachments

d157620dex991.htm · 8-K · 2026-09-15

EX-99.1 2 d157620dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LB Pharmaceuticals Appoints Susan G. Kozauer, M.D. as Chief Medical Officer NEW YORK, September 15, 2026 (GLOBE NEWSWIRE) - LB Pharmaceuticals Inc (“LB Pharmaceuticals” or the “Company”) (Nasdaq: LBRX), a neuromedicines company dedicated to developing and commercializing high-impact therapies that address the multiple dimensions of underserved brain disorders, today announced the appointment of Susan G. Kozauer, M.D. as Chief Medic…

8-K · 2026-09-15 · 0001193125-26-391358

Read attachment ↗
d26110dex991.htm · 8-K · 2026-09-03

EX-99.1 2 d26110dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LB Pharmaceuticals Appoints Joseph Miller as Chief Financial Officer NEW YORK, September 3, 2026 (GLOBE NEWSWIRE) - LB Pharmaceuticals Inc (“LB Pharmaceuticals” or the “Company”) (Nasdaq: LBRX), a neuromedicines company dedicated to developing and commercializing high-impact therapies that address the multiple dimensions of underserved brain disorders, today announced the appointment of Joseph Miller as Chief Financial Officer. Mr.…

8-K · 2026-09-03 · 0001193125-26-381076

Read attachment ↗
d303033dex991.htm · 8-K · 2026-08-11

EX-99.1 2 d303033dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LB Pharmaceuticals Reports Second Quarter 2026 Financial Results and Provides Corporate Update Announced accelerated timing of topline data readout from the pivotal Phase 3 NOVA-2 trial of LB-102 in schizophrenia in the first half of 2027 Announced plans for pipeline expansion of LB-102 into new neuropsychiatric indications with strong mechanistic rationale and validating clinical and real-world experience from amisulpride Cash, c…

8-K · 2026-08-11 · 0001193125-26-343479

Read attachment ↗
d156920dex41.htm · 8-K · 2026-07-29

EX-4.1 2 d156920dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE OF THIS WARRANT (THE “SECURITIES”) HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. THE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED UNLESS (I) SUCH SECURITIES HAVE BEEN REGISTERED FOR SALE PURSUANT TO THE SECURITIES ACT, (…

8-K · 2026-07-29 · 0001193125-26-322208

Read attachment ↗
d156920dex991.htm · 8-K · 2026-07-29

EX-99.1 5 d156920dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LB Pharmaceuticals Announces $150 Million Private Placement NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) - LB Pharmaceuticals Inc (“LB Pharmaceuticals” or the “Company”) (Nasdaq: LBRX), a neuromedicines company dedicated to developing and commercializing high-impact therapies that address the multiple dimensions of underserved brain diseases, today announced that it has entered into a securities purchase agreement to sell 3,577,560 shar…

8-K · 2026-07-29 · 0001193125-26-322208

Read attachment ↗
d173035dex991.htm · 8-K · 2026-07-22

EX-99.1 2 d173035dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 LB Pharmaceuticals Announces Accelerated Timing of Topline Results from the Phase 3 NOVA-2 Trial of LB-102 in Schizophrenia NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) - LB Pharmaceuticals Inc (“LB Pharmaceuticals” or the “Company”) (Nasdaq: LBRX), a neuromedicines company dedicated to developing and commercializing high-impact therapies that address the multiple dimensions of underserved brain diseases, today announced that based on e…

8-K · 2026-07-22 · 0001193125-26-311357

Read attachment ↗