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BioXcel Therapeutics, Inc.

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BioXcel Therapeutics, Inc.

BTAI·NASDAQ·Life Sciences·CIK 0001720893

BioXcel Therapeutics, Inc. is a biopharmaceutical company that uses artificial intelligence (AI) to develop medicines in neuroscience. Its wholly owned subsidiary, OnkosXcel Therapeutics, focuses on developing medicines in immuno-oncology. The company uses a proprietary AI platform that leverages existing approved drugs or clinically evaluated product candidates, big data, and machine learning algorithms to identify new therapeutic indications, aiming to reduce development costs and accelerate timelines. BioXcel Therapeutics' most advanced neuroscience candidate is BXCL501. In indications other than those approved by the U.S. Food and Drug Administration (FDA) as IGALMI®, BXCL501 is an investigational, proprietary, orally dissolving sublingual film formulation of dexmedetomidine in development for the treatment of agitation associated with psychiatric and neurological disorders. On April 6, 2022, the FDA approved IGALMI® (dexmedetomidine) sublingual film for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults, approved for self-administration under healthcare provider supervision. On July 6, 2022, IGALMI® became commercially available in doses of 120 and 180 micrograms ("mcg"). On August 27, 2025, the SERENITY At-Home Pivotal Phase 3 trial evaluating BXCL501 for acute agitation associated with bipolar disorders or schizophrenia in the at-home setting met its primary objective, forming the basis for an sNDA submission for IGALMI®'s label expansion into the at-home setting. The company's most advanced immuno-oncology asset, BXCL701, is an investigational oral innate immune activator from OnkosXcel Therapeutics, being developed as a potential therapy for aggressive forms of prostate cancer, pancreatic cancer, and other solid and liquid tumors.

BioXcel Therapeutics, Inc. (NASDAQ:BTAI) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 29 items for BTAI at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-01, rated 9/10. Across its 20 most recent items scored 7 or higher, the top rating is 10/10, with 17 rated 8 or above. Recent SEC coverage for BTAI spans 8-K, 10-Q, 10-K.

Recent high-impact activity:

  • BioXcel Secures $77.25M DIP Financing, Faces Nasdaq Delisting
  • BioXcel Plunges 73% as Chapter 11 Filing and Teva Stalking Horse Bid Shake Investors
  • BioXcel Files Chapter 11, Teva Stalking Horse Bid at $57.5M Plus Milestones
  • BioXcel Files Chapter 11, Teva to Serve as Stalking Horse Bidder for Assets
  • BioXcel Therapeutics Files Chapter 11 Bankruptcy With $100M-$500M Liabilities

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$642K
Net Income
-$69.9M
Diluted EPS
-$5.73
Op. Cash Flow
-$57.62M
Free Cash Flow
-$57.62M
Gross Profit
$478K
Operating Income
-$50.46M
Cash & Equivalents
$28.41M
Total Debt
$109.59M
Debt / Equity
-1.15×
Net Margin
-108.87×
Shares Outstanding
22.33M sh
Source: 10-K · filed 2026-03-27 · accession 0001104659-26-036214

Dilution Risk

Low risk

Filing-implied dilution signals for BTAI, detected from its recent SEC filings · based on capital-structure filings through 2026-04-17.

Warrants Granted to Lenders · Significant Potential Dilution

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$0.0422 -0.03% today
52-week range · as of 2026-09-01 $0.0422 – $4.29
Market cap
$2.31M
Volume
47.5M (4.0× avg)
3-mo avg 11.7M
Live data · 2026-09-14 03:32 UTC · Market closed

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feed BTAI - Latest Insights

BTAI
Sep 01, 2026, 7:01 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.1596
Real-time Price: $0.0422 info
Change: -$0.1174 (-74%) info
Market Cap: $2.313M info
BTAI
Aug 28, 2026, 11:06 AM EDT
Source: Benzinga
Importance Score:
7
Price at Filing: $0.1699
Real-time Price: $0.0422 info
Change: -$0.1277 (-75%) info
Market Cap: $2.313M info
BTAI
Aug 28, 2026, 6:00 AM EDT
Filing Type: 8-K
Importance Score:
10
Price at Filing: $0.469
Real-time Price: $0.0422 info
Change: -$0.4268 (-91%) info
Market Cap: $2.313M info
BTAI
Aug 28, 2026, 6:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $0.5237
Real-time Price: $0.0422 info
Change: -$0.4815 (-92%) info
Market Cap: $2.313M info
BTAI
Aug 27, 2026, 10:36 PM EDT
Source: Reuters
Importance Score:
10
Price at Filing: $0.7151
Real-time Price: $0.0422 info
Change: -$0.6729 (-94%) info
Market Cap: $2.313M info
BTAI
Aug 25, 2026, 7:15 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.7817
Real-time Price: $0.0422 info
Change: -$0.7395 (-95%) info
Market Cap: $2.313M info
BTAI
Aug 24, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.814
Real-time Price: $0.0422 info
Change: -$0.7718 (-95%) info
Market Cap: $2.313M info
BTAI
Aug 11, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.9488
Real-time Price: $0.0422 info
Change: -$0.9066 (-96%) info
Market Cap: $2.313M info
BTAI
Aug 03, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.850
Real-time Price: $0.0422 info
Change: -$0.8078 (-95%) info
Market Cap: $2.313M info
BTAI
Jul 06, 2026, 6:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.40
Real-time Price: $0.0422 info
Change: -$1.36 (-97%) info
Market Cap: $2.313M info
BTAI
May 16, 2026, 3:14 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $1.14
Real-time Price: $0.0422 info
Change: -$1.10 (-96%) info
Market Cap: $2.313M info
BTAI
May 15, 2026, 7:07 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.19
Real-time Price: $0.0422 info
Change: -$1.15 (-96%) info
Market Cap: $2.313M info
BTAI
May 15, 2026, 7:05 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $1.19
Real-time Price: $0.0422 info
Change: -$1.15 (-96%) info
Market Cap: $2.313M info
BTAI
May 15, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $1.19
Real-time Price: $0.0422 info
Change: -$1.15 (-96%) info
Market Cap: $2.313M info
BTAI
Apr 17, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.16
Real-time Price: $0.0422 info
Change: -$1.12 (-96%) info
Market Cap: $2.313M info
BTAI
Apr 08, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $1.17
Real-time Price: $0.0422 info
Change: -$1.13 (-96%) info
Market Cap: $2.313M info
BTAI
Apr 01, 2026, 6:58 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.35
Real-time Price: $0.0422 info
Change: -$1.31 (-97%) info
Market Cap: $2.313M info
BTAI
Mar 27, 2026, 5:02 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $1.26
Real-time Price: $0.0422 info
Change: -$1.22 (-97%) info
Market Cap: $2.313M info
BTAI
Mar 27, 2026, 7:21 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.37
Real-time Price: $0.0422 info
Change: -$1.33 (-97%) info
Market Cap: $2.313M info
BTAI
Mar 27, 2026, 7:11 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $1.37
Real-time Price: $0.0422 info
Change: -$1.33 (-97%) info
Market Cap: $2.313M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets