Security
IGNYW · Peak Bio, Inc.
IGNYWNASDAQWarrantHistorical · closed Nov 1, 2022CIK 1834645Updated Sep 27, 2026
Name history
Ignyte Acquisition Corp. · through Nov 2, 2022
IGNYW price & chart
Historical security
This listing closed Nov 1, 2022. Live provider charts are shown only for current listings.
In the news
No coverage from other publishers is available.
Recent filings
Show 5 more recent filings
Financials
FY 2023 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,596,415Source | 7,529,712Source | 57,906,810Source | 107,000Source |
| Property, Plant and Equipment, NetUSD | 153,108Source | 376,648Source | 380,610Source | — |
| GoodwillUSD | — | 0Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 381,649Source | 654,892Source | 329,192Source | 25,425Source |
| Assets, CurrentUSD | 2,374,107Source | 3,230,793Source | 400,511Source | 25,425Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,992,458Source | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 0Source | 3,681,072Source | — | — |
| Other Assets, NoncurrentUSD | 9,200Source | 1,500Source | — | 81,575Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 20,753,364Source | 15,624,189Source | 2,412,594Source | 80,310Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | — |
| Common Stock, Value, IssuedUSD | 2,312Source | 1,978Source | 154Source | 154Source |
| Additional Paid in CapitalUSD | 19,918,594Source | 17,219,593Source | — | 26,846Source |
| Retained Earnings (Accumulated Deficit)USD | -38,171,483Source | -25,345,566Source | -2,005,938Source | -310Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 93,628Source | 29,518Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | -18,156,949Source | -8,094,477Source | -2,005,784Source | 26,690Source |
| Liabilities and EquityUSD | 2,596,415Source | 7,529,712Source | 57,906,810Source | 107,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 20,522,714Source | 10,801,121Source | 437,594Source | 80,310Source |
| Operating Lease, Liability, CurrentUSD | 4,439,235Source | 720,577Source | — | — |
| Accounts Payable, CurrentUSD | 5,862,435Source | 3,618,026Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 0Source | 3,507,268Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | — | 0Source | — | — |
| Other Liabilities, NoncurrentUSD | 230,650Source | 790,800Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 3,576,768Source | 2,038,291Source | 325,641Source | — |
| Deferred Tax Liabilities, NetUSD | — | 0Source | — | — |
| Long-term DebtUSD | — | 0Source | — | — |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -12,825,917Source | -13,088,717Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 275,418Source | 560,060Source | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts PayableUSD | 2,234,921Source | 816,037Source | — |
| Deferred Income Tax Expense (Benefit)USD | 0Source | -35,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -4,758,020Source | -7,485,625Source | -603,323Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 0Source | -142,249Source | -57,500,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 0Source | 142,249Source | — |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 4,281,285Source | 8,135,213Source | 58,407,090Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 441,649Source | 894,591Source | — |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 0Source | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 23,793Source | -55,225Source | — |
| Additional Financial Items | |||
| Share-based Payment Arrangement, ExpenseUSD | 275,418Source | 560,060Source | — |
| DepreciationUSD | 144,045Source | 151,873Source | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | 92,110Source | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 837,146Source | — | 475,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | 0Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -79,495Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -15,490Source | -467,073Source | — |
| General and Administrative ExpenseUSD | 8,292,072Source | 8,531,276Source | — |
| GoodwillUSD | — | 0Source | — |
| Income Tax Expense (Benefit)USD | 0Source | -74,000Source | — |
| Investment Income, InterestUSD | — | — | 6,299Source |
| Net Income (Loss) Attributable to ParentUSD | -12,825,917Source | -13,088,717Source | -487,989Source |
| Nonoperating Income (Expense)USD | 239,666Source | -1,314,869Source | — |
| Operating Costs and ExpensesUSD | — | — | 969,288Source |
| Operating ExpensesUSD | 13,433,460Source | 12,455,529Source | — |
| Operating Lease, Impairment LossUSD | 3,513,999Source | — | — |
| Other Nonoperating Income (Expense)USD | 45,945Source | 367,738Source | — |
| Payments of Financing CostsUSD | — | — | 362,910Source |
| Payments to Acquire InvestmentsUSD | — | — | 57,500,000Source |
| Proceeds from Contributions from AffiliatesUSD | 0Source | 1,250,298Source | — |
| Proceeds from Issuance of Common StockUSD | 105,317Source | 5,177,163Source | — |
| Proceeds from Stock Options ExercisedUSD | 1,029,920Source | — | — |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Total RevenueUSD | 367,877Source | 607,681Source | — |
| Operating Income (Loss)USD | -13,065,583Source | -11,847,848Source | -969,288Source |
| Other Nonoperating Income (Expense)USD | 45,945Source | 367,738Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -12,825,917Source | -13,162,717Source | — |
| Income Tax Expense (Benefit)USD | 0Source | -74,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -12,825,917Source | -13,088,717Source | -487,989Source |
| Earnings Per Share, BasicUSD per share | -0.61Source | -0.74Source | -0.07Source |
| Earnings Per Share, DilutedUSD per share | -0.61Source | -0.74Source | -0.07Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 21,175,668Source | 17,711,842Source | 5,259,589Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 21,175,668Source | 17,711,842Source | — |
| Additional Financial Items | |||
| Current Income Tax Expense (Benefit)USD | 0Source | -39,000Source | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 837,146Source | — | 475,000Source |
| General and Administrative ExpenseUSD | 8,292,072Source | 8,531,276Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -12,614,259Source | -10,222,781Source | — |
| Interest and Other IncomeUSD | 43Source | 2,114Source | — |
| Interest ExpenseUSD | 2,728,101Source | 47,958Source | — |
| Interest Income, OtherUSD | — | — | 6,299Source |
| Investment Income, InterestUSD | — | — | 6,299Source |
| Nonoperating Income (Expense)USD | 239,666Source | -1,314,869Source | — |
| Operating Costs and ExpensesUSD | — | — | 969,288Source |
| Operating ExpensesUSD | 13,433,460Source | 12,455,529Source | — |
| Other Cost and Expense, OperatingUSD | — | — | 444,485Source |
| Other IncomeUSD | — | — | 481,299Source |
| Research and Development ExpenseUSD | 1,627,389Source | 3,924,253Source | — |