State Ledger
Company profile

FENNEC PHARMACEUTICALS INC. CIK 1211583

Ticker
FENC (Nasdaq)
Industry
Biological Products, (No Diagnostic Substances)
Headquarters
Research Triangle Park, NC 27709
Fiscal year end
2025 (FY)
Market Data
Close
$10.71
Change
+$0.04
Change %
0.33%
Volume
3,764

FENC · trading date Oct 9, 2026 · previous close $10.67 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$44.64M
Net income
-$9.74M
Total assets
$70.55M
Total liabilities
$35.08M
Stockholders' equity
$35.47M
Cash & equivalents
$36.79M
Operating income
-$6.28M
Operating cash flow
-$12.47M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-27. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-14.1%
Net margin
-21.8%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
49.7%
Equity / assets
50.3%
CapEx / revenue
—
Operating cash flow / net income
1.28×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $44.64M -$9.74M $70.55M $35.08M $35.47M
2024 $47.54M -$436.0K $44.95M $50.82M -$5.87M
2023 $21.25M -$16.05M $26.86M $38.49M -$11.62M
2022 $1.54M -$23.71M $26.94M $29.51M -$2.57M
2021 — -$17.35M $22.41M $6.64M $15.77M
Company Details
SIC code
2836
State of incorporation
A1
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-09-17
Financials filed via
Form 10-K
filed 2026-03-27

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Research Triangle Park, NC 27709
PO BOX 13628
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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