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Company research

Apimeds Pharmaceuticals US, Inc.

CIK 1894525Updated Sep 24, 2026

APUS price & chart

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About the company

We are a clinical stage biopharmaceutical company that is in the process of developing Apitox, an intradermally administered bee venom-based toxin which potentially exhibits diverse therapeutic effects. Apitox is currently marketed and sold by Apimeds Inc. (“Apimeds Korea”) in the South Korea as “Apitoxin.” Apimeds US is not associated with the market, sale and revenues generated from Apitoxin in South Korea, and Apitoxin has not been approved by the U.S. Food and Drug Administration (the “FDA”) for any indication. Apimeds is currently developing Apitox as a potential osteoarthritis (“OA”) treatment for patients with knee pain who failed to respond adequately to conservative non-pharmacologic therapy and simple analgesics.

424B4 · 2025-05-09 · 0001213900-25-041193

Company description from the cited filing.

In the news

SEC disclosures

Financials

FY 2025 · USD
Revenue · FY 2025
Net income-6,001,137USD · FY 2025
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Operating income-11,912,562USD · FY 2025
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Diluted EPS-0.55USD per share · FY 2025
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023
ASSETS
AssetsUSD164,183,736
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

13,057
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

422,076
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Property, Plant and Equipment, NetUSD51,626
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD1,636,655
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

3,455
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

410,481
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Assets, CurrentUSD13,983,859
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

13,057
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

422,076
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Prepaid Expense and Other Assets, CurrentUSD2,298,704
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

9,602
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

11,595
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Operating Lease, Right-of-Use AssetUSD187,395
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD10,835,909
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

1,371,178
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

390,207
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Stockholders’ equity:
Preferred Stock, Value, IssuedUSD74,770
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

Common Stock, Value, IssuedUSD125,760
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

79,039
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

79,039
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Additional Paid in CapitalUSD163,540,358
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

2,954,764
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

2,954,764
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Retained Earnings (Accumulated Deficit)USD-10,393,061
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

-4,391,924
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

-3,001,934
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Stockholders' Equity Attributable to ParentUSD153,347,827
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

-1,358,121
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

31,869
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Liabilities and EquityUSD164,183,736
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

13,057
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

422,076
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Current liabilities:
Liabilities, CurrentUSD10,706,455
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

1,024,334
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

123,316
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Operating Lease, Liability, CurrentUSD39,578
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

Operating Lease, Liability, NoncurrentUSD129,454
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD500,000
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

Short-term InvestmentsUSD2,000,000
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD1,565,806
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

69,993
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-8,925,777
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-733,526
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-627,790
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash AcquiredUSD-15,345
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Net Cash Provided by (Used in) Investing ActivitiesUSD-10,060,351
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Payments to Acquire Property, Plant, and EquipmentUSD57,333
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD20,619,327
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

326,500
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

1,032,100
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD9,636,655
Source

10-K · 2026-05-04 · 0001213900-26-051139

As of 2025-12-31

3,455
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2024-12-31

410,481
Source

10-K · 2025-04-15 · 0001213900-25-032206

As of 2023-12-31

Additional Financial Items
Accretion ExpenseUSD283,010
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

79,953
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

5,069
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Share-based Payment Arrangement, ExpenseUSD2,044,186
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

0
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

69,993
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

DepreciationUSD5,706
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD-521
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

General and Administrative ExpenseUSD10,279,981
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

1,275,095
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

648,892
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

InterestExpenseNonoperatingUSD283,011
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

117,719
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

38,069
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Investment Income, InterestUSD107,595
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

2,824
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

7,811
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD-6,001,137
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-1,389,990
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-777,694
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Nonoperating Income (Expense)USD5,911,425
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-114,895
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-30,258
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Operating ExpensesUSD11,912,562
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Proceeds from Issuance of Common StockUSD11,629,727
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

1,055,000
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Realized Investment Gains (Losses)USD1,822,115
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023
Operating Income (Loss)USD-11,912,562
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-1,275,095
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-747,436
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD-6,001,137
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-1,389,990
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-777,694
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Earnings Per Share, BasicUSD per share-0.55
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-0.18
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-0.17
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Earnings Per Share, DilutedUSD per share-0.55
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-0.18
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-0.17
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Basicshares10,881,907
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

7,903,850
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

4,598,265
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares10,881,907
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Interest Expense (non-operating)USD283,011
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

117,719
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

38,069
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Additional Financial Items
Foreign Currency Transaction Gain (Loss), before TaxUSD-521
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

General and Administrative ExpenseUSD10,279,981
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

1,275,095
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

648,892
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Investment Income, InterestUSD107,595
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

2,824
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

7,811
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Nonoperating Income (Expense)USD5,911,425
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

-114,895
Source

10-K · 2025-04-15 · 0001213900-25-032206

2024-01-01 to 2024-12-31

-30,258
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Operating ExpensesUSD11,912,562
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Realized Investment Gains (Losses)USD1,822,115
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

Research and Development ExpenseUSD1,632,581
Source

10-K · 2026-05-04 · 0001213900-26-051139

2025-01-01 to 2025-12-31

98,544
Source

10-K · 2025-04-15 · 0001213900-25-032206

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-282324

424B4 · 2025-05-09 · 0001213900-25-041193

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

Gross proceeds
13500000.0
Net proceeds
12555000.0
Deal price
4.0
Shares
3375000
Offering price
$4.00
Ticker
APUS

Filing attachments

ea028720301ex99-1_apimeds.htm · 8-K · 2026-04-22

EX-99.1 2 ea028720301ex99-1_apimeds.htm PRESS RELEASE DATED APRIL 21, 2026 Exhibit 99.1 Apimeds Pharmaceuticals Receives Notice from NYSE Regulation Regarding Late Filing of Annual Report Matawan, N.J. April 22, 2026 -- (NYSE American: APUS) Apimeds Pharmaceuticals US, Inc. (the “Company”), today announced that on April 17, 2026, it received a notice of non-compliance (the “Notice”) with the continued listing standards set forth in Section 1007 of the Company Guide of NYSE American LLC (“N

8-K · 2026-04-22 · 0001213900-26-046671

Read attachment ↗
ea028355001ex99-1.htm · 8-K · 2026-03-26

EX-99.1 2 ea028355001ex99-1.htm PRESS RELEASE ISSUED BY MINDWAVE INNOVATIONS INC. DATED MARCH 24, 2026 Exhibit 99.1 Apimeds Pharmaceuticals US Inc. Announces Material Breach of Merger Agreement by Inscobee Inc. (KS:006490) and Apimeds Inc.; Prepares Filing Emergency Action in Delaware Court of Chancery MATAWAN, N.J. & SEOUL, South Korea - March 24, 2026 MindWave Innovations Inc., a Delaware corporation and wholly owned subsidiary of Apimeds Pharmaceuticals US, Inc. (“APUS” or the “Compan

8-K · 2026-03-26 · 0001213900-26-034786

Read attachment ↗
ea026780701ex4-1_apimeds.htm · 8-K · 2025-12-02

EX-4.1 4 ea026780701ex4-1_apimeds.htm FORM OF NOTE Exhibit 4.1 FORM OF SENIOR CONVERTIBLE NOTE NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITI

8-K · 2025-12-02 · 0001213900-25-117173

Read attachment ↗
ea026780701ex4-2_apimeds.htm · 8-K · 2025-12-02

EX-4.2 5 ea026780701ex4-2_apimeds.htm WARRANT ISSUED TO E.F. HUTTON & CO. LLC, DATED DECEMBER 1, 2025 Exhibit 4.2 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE

8-K · 2025-12-02 · 0001213900-25-117173

Read attachment ↗
ea026780701ex99-1_apimeds.htm · 8-K · 2025-12-02

EX-99.1 10 ea026780701ex99-1_apimeds.htm PRESS RELEASE, DATED DECEMBER 1, 2025 Exhibit 99.1 Apimeds and MindWave Announce Merger, Integrating Biotech Growth with AI-Driven Digital Treasury Yield Generation Backed by $100M PIPE Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) announced a merger with MindWave Innovations Inc, uniting Apimeds’ late-stage, non-opioid pain-management biologic portfolio with MindWave’s AI-driven Bitcoin treasury, digital asset yield generation, and $NILA-p

8-K · 2025-12-02 · 0001213900-25-117173

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ea024916001ex99-1_apimeds.htm · 8-K · 2025-07-16

EX-99.1 2 ea024916001ex99-1_apimeds.htm PRESS RELEASE DATED JULY 15, 2025 Exhibit 99.1 Apimeds Expands Leadership Team with Dr. Susan Kramer to Lead Product Development and Brian Peters to Lead its ai² Division MATAWAN, N.J., July 15, 2025--(BUSINESS WIRE)--Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) (“Apimeds” or the “Company”), a clinical-stage biopharmaceutical company developing Apitox, an intradermally administered, bee venom-based therapeutic, today announced two key addit

8-K · 2025-07-16 · 0001213900-25-064446

Read attachment ↗