Lipocine Inc. LPCN

Q3 FY2026 · ended Sep 30, 2026 · Revenue $1.50M, +1209.2% YoY · Filed Nov 5, 2026

Lipocine Inc. (LPCN) files with the SEC under industry code 2834, Pharmaceutical Preparations. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $1.5 million and a net loss of $666,192.

Revenue
$1.50M
+1209.2% vs year-ago quarter
Net income
$-666,192
+79.1% vs year-ago quarter
Operating cash flow
$-1.81M
+39.5% vs year-ago quarter
Free cash flow
$1.69M
EPS
$-0.08
+86.4% vs year-ago quarter
Dividend per share
None
Shares outstanding
11.07M
+99.5% vs year-ago quarter
Net cash
—
Operating margin
-338.5%
TTM

Company profile

Industry
Pharmaceutical Preparations (SIC 2834)
Listed as
LPCN (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Salt Lake City, United States
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1535955
Former names
MARATHON BAR CORP (until Jul 9, 2013)

Other Pharmaceutical Preparations companies

Key figures

Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.

Line
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Revenue
$1.5M
$190,099
$119,397
$1.1M
$114,574
Operating income
-$868,525
-$2.8M
-$3.8M
-$2.5M
-$3.4M
Net income
-$666,192
-$2.6M
-$3.7M
-$2.4M
-$3.2M
Diluted EPS
-$0.08
-$0.32
-$0.54
-$0.35
-$0.59
Operating cash flow
-$1.8M
-$3.0M
-$2.3M
-$2.9M
-$3.0M
Total assets
$23.2M
$23.8M
$25.4M
$17.0M
$16.1M
Total liabilities
$2.0M
$2.1M
$2.5M
$2.5M
$1.9M
Stockholders' equity
$21.2M
$21.8M
$22.8M
$14.5M
$14.1M
Cash and investments
$21.5M
$23.3M
$24.7M
$14.9M
$15.1M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Results of operations
Nov 5, 2026 Nov 5, 2026
10-Q Quarterly report Nov 5, 2026 Sep 30, 2026
8-K Current report
Other events
Oct 20, 2026 Oct 20, 2026
8-K Current report
Other events
Oct 7, 2026 Oct 7, 2026
8-K Current report
Other events
Sep 16, 2026 Sep 16, 2026
8-K Current report
Other events
Sep 14, 2026 Sep 14, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.