| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 & Amortization | 0 USD | 5000 USD | 15000 USD | 16000 USD | 29000 USD | 34000 USD | 47000 USD | 49000 USD | 48000 USD | 25000 USD |
| Stock-Based Compensation | 4.90 M USD | 5.50 M USD | 5.13 M USD | 5.18 M USD | 3.69 M USD | 2.57 M USD | 3.73 M USD | 3.47 M USD | 5.60 M USD | 45000 USD |
| Capital Expenditures | — | — | — | — | — | — | 100000 USD | — | 64000 USD | 144000 USD |
| Cash Flow from Investing | -97.00 M USD | — | 48.97 M USD | — | — | 25000 USD | -85000 USD | — | -64000 USD | -144000 USD |
| Cash Flow from Financing | 107.65 M USD | 37.18 M USD | -30000 USD | -210000 USD | 98.03 M USD | 74.00 M USD | 14.82 M USD | 15.91 M USD | 47.76 M USD | 25.62 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.