Cyclerion Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovering, development, and commercialization of medicines for serious central nervous system (CNS) diseases. Its lead product candidate is CY6463, a CNS-penetrant, soluble guanylate cyclase (sGC) stimulator that is in Phase IIa trials for the treatment of mitochondrial encephalomyopathy, lactic acidosis, and stroke-like episodes, as well as Alzheimer's disease with vascular pathology; and Phase 1 trials diagnosed with schizophrenia in adults. It is also developing Praliciguat, an orally administered systemic sGC stimulator, which is in Phase II studies to treat resistant hypertension and diabetic nephropathy; Olinciguat, an orally administered vascular sGC stimulator that is in Phase II studies for the sickle cell disease; and CY3018 for the treatment of disorders of the CNS. It has license agreement with Akebia Therapeutics, Inc. for the development, manufacture, medical affairs, and commercialization of pharmaceutical products, including pharmaceutical compound, and other related products and forms. The company was incorporated in 2018 and is headquartered in Cambridge, Massachusetts.
Revenue of Cyclerion Therapeutics, Inc. (CYCN)
Revenue in 2023 (TTM): $
According to Cyclerion Therapeutics, Inc.'s latest financial reports the company's current revenue (TTM) is $. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Cyclerion Therapeutics, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $ | $ | $-12,593,000 | $-12,593,000 | $-21,015,000 |
| 2022 | $297 K | $232 K | $-18,181,000 | $-44,078,000 | $-43,784,000 |
| 2021 | $3.32 M | $2.85 M | $-55,195,000 | $-51,647,000 | $-51,663,000 |
| 2020 | $2.3 M | $2.3 M | $-81,265,000 | $-77,802,000 | $-72,670,000 |
| 2019 | $4.51 M | $4.51 M | $-122,337,000 | $-123,008,000 | $-120,979,000 |
| 2018 | $ | $-1,528,000 | $-113,724,000 | $-115,252,000 | $-115,252,000 |
| 2017 | $ | $-1,745,000 | $-92,177,000 | $-93,922,000 | $-93,922,000 |
| 2016 | $ | $-2,174,000 | $-61,380,000 | $-63,554,000 | $-63,554,000 |