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Annual · values20252024
Operating Cash Flow-54.17 M USD-18.09 M USD
Depreciation & Amortization36000 USD16000 USD
Stock-Based Compensation3.95 M USD439000 USD
Capital Expenditures95000 USD109000 USD
Cash Flow from Investing-49.67 M USD-12.00 M USD
Cash Flow from Financing89.25 M USD81.99 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-54.27 M USD-18.20 M USD

Aardvark Therapeutics, Inc. is a clinical-stage biopharmaceutical company specializing in the development of novel small-molecule therapies for metabolic and hunger-associated disorders. The company focuses on activating innate homeostatic pathways, particularly through selective targeting of Bitter Taste Receptors (TAS2Rs) in the gut to modulate appetite and related metabolic processes. Its lead product candidate, ARD-101, is an oral, gut-restricted small-molecule agonist of specific TAS2Rs being evaluated in advanced clinical trials for hyperphagia associated with Prader-Willi Syndrome and other hypothalamic causes of excessive hunger. Aardvark Therapeutics is also developing ARD-201, a small-molecule candidate in early-stage clinical development for obesity. Operating in the healthcare sector within the biotechnology industry, the company aims to address significant unmet medical needs in metabolic disease and weight management. Aardvark Therapeutics was incorporated in 2017 and is headquartered in San Diego, California, serving a global biopharmaceutical market through its research, development, and clinical collaboration activities.