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Filana Therapeutics, Inc.

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Filana Therapeutics, Inc.

FLNA·NASDAQ·Life Sciences·CIK 0001069530

Filana Therapeutics, Inc. is a clinical-stage biotechnology company based in Austin, Texas, focused on developing medicines for central nervous system (CNS) disorders. The company's mission is to improve the lives of patients with conditions such as Tuberous Sclerosis Complex (TSC)-related epilepsy and other diseases linked to the dysregulation or overexpression of filamin A. Their scientific approach involves modulating the activity of a critical brain protein for patients with certain CNS disorders, including TSC. The company's lead therapeutic drug candidate, simufilam, is a proprietary small molecule oral treatment drug. Simufilam was under clinical evaluation for Alzheimer's disease in two Phase 3 clinical studies through 2024, but all ongoing clinical trials for simufilam in Alzheimer's disease were discontinued, with the phase out of this development program completed in the second quarter of 2025. Simufilam is currently being studied for the treatment of TSC-related epilepsy. Discovered and designed in-house, simufilam has been characterized by academic collaborators since approximately 2008. It is intended to modulate the activity of filamin A, a protein that regulates neuronal cell development. Published studies by the company and its collaborators indicate that mTOR activation combined with filamin A overexpression leads to cell overgrowth, abnormal connectivity, and brain malformations, causing seizures in TSC patients. Filamin A is a novel target for TSC-related epilepsy, independent of mTOR, and simufilam is a potential first-in-class filamin A-modulating agent for this condition. The company also explores other potential indications for simufilam, both CNS-related and otherwise, where preclinical experiments suggest a benefit. Filana Therapeutics, Inc. owns or controls worldwide rights to its drug development program.

Filana Therapeutics, Inc. (NASDAQ:FLNA) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 12 items for FLNA at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-10-20, rated 7/10. Across its 12 most recent items scored 7 or higher, the top rating is 9/10, with 7 rated 8 or above. Recent SEC coverage for FLNA spans 8-K, 4, 10-Q, DEF 14A.

Recent high-impact activity:

  • Fifth Circuit Vacates Class Certification in Filana Securities Suit
  • CEO Barry Richard Buys $278K More Filana Stock at $0.90-$0.92
  • CEO Barry Richard Buys $78K of Filana Stock at $0.84
  • FDA Lifts Clinical Hold on Simufilam, Clearing Path for Phase 2a Epilepsy Trial
  • Filana Receives Nasdaq Delisting Notice After 30 Days Below $1.00

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$90.97M
Diluted EPS
-$1.88
Op. Cash Flow
-$32.25M
Free Cash Flow
-$32.83M
Operating Income
-$95.39M
Cash & Equivalents
$95.5M
Debt / Equity
0.00×
Shares Outstanding
48.31M sh
Source: 10-K · filed 2026-03-12 · accession 0001437749-26-007962

Short Interest & Short Volume

6.82 days to cover

FINRA reported short interest of 5,604,996 shares in FLNA as of the October 15, 2026 settlement, a 4.8% decrease from the prior period — about 6.8 days to cover at its recent average daily volume. On November 2, 2026, 38.2% of FLNA volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)5,604,996 shares as of October 15, 2026
Change vs prior period▼ 4.8%
Days to cover6.82 at avg daily volume of 821,284
Daily short volume (FINRA facilities)38.2% of 316,583 shares on November 2, 2026
5-day average short volume40.8%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for FLNA, detected from its recent SEC filings · based on capital-structure filings through 2026-06-15.

Shareholder Approval for Incentive Plan Expansion · Significant Potential Dilution

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

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$0.5685 +1.33% today
52-week range · as of 2026-10-20 $0.5685 – $4.69
Market cap
$27.1M
Volume
546.7K (0.1× avg)
3-mo avg 4M
Live data · 2026-11-03 07:35 UTC · Market overnight

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feed FLNA - Latest Insights

FLNA
Oct 20, 2026, 8:17 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.680
Real-time Price: $0.56845 info
Change: -$0.11155 (-16%) info
Market Cap: $27.101M info
FLNA
Oct 01, 2026, 7:57 AM EDT
Filing Type: 4
Importance Score:
8
Price at Filing: $0.995
Real-time Price: $0.56845 info
Change: -$0.42655 (-43%) info
Market Cap: $27.101M info
FLNA
Sep 30, 2026, 4:03 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $0.9702
Real-time Price: $0.56845 info
Change: -$0.40175 (-41%) info
Market Cap: $27.101M info
FLNA
Sep 22, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.727
Real-time Price: $0.56845 info
Change: -$0.15855 (-22%) info
Market Cap: $27.101M info
FLNA
Sep 18, 2026, 4:16 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.726
Real-time Price: $0.56845 info
Change: -$0.15755 (-22%) info
Market Cap: $27.101M info
FLNA
Jul 29, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.9107
Real-time Price: $0.56845 info
Change: -$0.34225 (-38%) info
Market Cap: $27.101M info
FLNA
Jun 15, 2026, 6:23 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.32
Real-time Price: $0.56845 info
Change: -$0.75155 (-57%) info
Market Cap: $27.101M info
FLNA
May 07, 2026, 5:16 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $1.40
Real-time Price: $0.56845 info
Change: -$0.83155 (-59%) info
Market Cap: $27.101M info
FLNA
May 07, 2026, 8:10 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.43
Real-time Price: $0.56845 info
Change: -$0.86155 (-60%) info
Market Cap: $27.101M info
FLNA
May 07, 2026, 8:00 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $1.43
Real-time Price: $0.56845 info
Change: -$0.86155 (-60%) info
Market Cap: $27.101M info
FLNA
Apr 28, 2026, 4:04 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $1.56
Real-time Price: $0.56845 info
Change: -$0.99155 (-64%) info
Market Cap: $27.101M info
FLNA
Apr 28, 2026, 4:01 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.56
Real-time Price: $0.56845 info
Change: -$0.99155 (-64%) info
Market Cap: $27.101M info
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