State Ledger
Company profile

LIPELLA PHARMACEUTICALS INC. CIK 1347242

Ticker
LIPO (OTC)
Industry
Pharmaceutical Preparations
Headquarters
Pittsburgh, PA 15208
Fiscal year end
2024 (FY)
Key Financials
Revenue
$536.4K
Net income
-$5.02M
Total assets
$2.67M
Total liabilities
$754.4K
Stockholders' equity
$1.92M
Cash & equivalents
$2.18M
Operating income
-$5.08M
Operating cash flow
-$3.95M
Capital expenditures
—

Fiscal year 2024, via 10-K filed 2025-03-28. 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
-947.2%
Net margin
-935.2%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
28.2%
Equity / assets
71.8%
CapEx / revenue
—
Operating cash flow / net income
0.79×

Derived from the fiscal year 2024 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2024 $536.4K -$5.02M $2.67M $754.4K $1.92M
2023 $449.6K -$4.62M $3.58M $432.7K $3.14M
2022 $184.2K -$2.60M $5.95M $1.27M $4.68M
2021 $259.3K -$1.87M $2.01M $589.3K $1.42M
Company Details
SIC code
2834
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-07-15
Financials filed via
Form 10-K
filed 2025-03-28

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

Location
Pittsburgh, PA 15208
400 N LEXINGTON ST
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, 15:52 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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