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Annual · values2025202420232022202120202019201820172016
Operating Cash Flow-43.90 M USD-60.30 M USD-43.75 M USD-49.04 M USD-35.16 M USD-25.96 M USD-26.90 M USD-26.03 M USD-22.14 M USD-25.34 M USD
Depreciation & Amortization0 USD5000 USD15000 USD16000 USD29000 USD34000 USD47000 USD49000 USD48000 USD25000 USD
Stock-Based Compensation4.90 M USD5.50 M USD5.13 M USD5.18 M USD3.69 M USD2.57 M USD3.73 M USD3.47 M USD5.60 M USD45000 USD
Capital Expenditures100000 USD64000 USD144000 USD
Cash Flow from Investing-97.00 M USD48.97 M USD25000 USD-85000 USD-64000 USD-144000 USD
Cash Flow from Financing107.65 M USD37.18 M USD-30000 USD-210000 USD98.03 M USD74.00 M USD14.82 M USD15.91 M USD47.76 M USD25.62 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-27.00 M USD-22.20 M USD-25.48 M USD

Cypherpunk Technologies Inc. is a biopharmaceutical company focused on developing novel antibody therapies for cancer treatment, with a strategic emphasis on biomarker-targeted approaches. The company’s lead clinical-stage candidate, DKN-01, is a monoclonal antibody designed to inhibit Dickkopf-related protein 1 and is currently being evaluated in multiple clinical trials for esophagogastric, gynecologic, and colorectal cancers. Additional pipeline assets include FL-301, targeting Claudin18.2-expressing cells, and preclinical programs FL-302 and FL-501. Cypherpunk Technologies also distinguishes itself with a unique digital asset treasury strategy, actively acquiring and holding Zcash (ZEC) as part of its long-term value-building initiative. The company’s research and development operations are conducted through its wholly-owned subsidiary, Leap Therapeutics, Inc. Headquartered in Cambridge, Massachusetts, Cypherpunk Technologies operates at the intersection of biotechnology innovation and digital asset investment, reflecting its dual commitment to advancing cancer therapies and supporting privacy-focused technologies.