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Indaptus Therapeutics, Inc.

INDPHealthcareNASDAQ

Biotechnology · Last scanned Jun 2, 2026

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Financials · Annual
Revenue
$0
Net Income
-$20.8M
-38.8% YoY
EBITDA
-$19.8M
-29.1% YoY
Free Cash Flow
-$10.8M

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About Indaptus Therapeutics, Inc.

Indaptus Therapeutics, Inc., a clinical biotechnology company, engages in the development of various anti-cancer and anti-viral immunotherapy products. With a market capitalization of $217.4M, it sits in micro-cap territory. Its lead clinical candidate consists of Decoy20, which is used to produce single agent activity and/or combination therapy-based durable responses of lymphoma, hepatocellular, colorectal, and pancreatic tumors, and chronic hepatitis B virus, and human immunodeficiency virus infection, as well as for the treatment of advanced solid tumors.

Key stats
Market Cap$217.4M
Fwd P/E-1.38
EPS$-12.70
Beta1.39
52W Change-80.3%
ROE-931.8%
Analysis

Indaptus Therapeutics, Inc. reports $1.5M in cash and $0 in total debt. Free cash flow is running at -$10.8M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -931.8%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing INDP.

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