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Annual · values202520242023
Operating Cash Flow-12.51 M USD-15.85 M USD-10.75 M USD
Depreciation & Amortization246000 USD103000 USD88000 USD
Stock-Based Compensation2.61 M USD8.93 M USD2.15 M USD
Capital Expenditures8000 USD277000 USD316000 USD
Cash Flow from Investing-8000 USD-277000 USD-316000 USD
Cash Flow from Financing21.40 M USD8.18 M USD
Dividends Paid
Stock Buybacks
Free Cash Flow-12.52 M USD-16.12 M USD-11.06 M USD

Incannex Healthcare Inc. is a clinical-stage biopharmaceutical company focused on researching, developing, and advancing novel oral fixed-dose combination therapies for chronic conditions. Its lead candidate, IHL-42X, combines dronabinol and acetazolamide to target obstructive sleep apnea through synergistic action on intermittent hypoxia and hypercapnia. PSX-001, an oral synthetic psilocybin formulation administered with psychotherapy, addresses generalized anxiety disorder. Additionally, IHL-675A pairs synthetic cannabidiol with hydroxychloroquine sulfate to combat inflammation in rheumatoid arthritis, lung conditions like chronic obstructive pulmonary disease and asthma, and inflammatory bowel diseases including colitis and Crohn’s. Incannex Healthcare Inc. emphasizes reducing individual drug dosages in combinations to minimize side effects while enhancing efficacy. Founded in 2001 and headquartered in Sydney, Australia, the company operates in the specialty drug manufacturing sector, prioritizing psychedelic and cannabinoid-based innovations for unmet medical needs in respiratory, neurological, and inflammatory disorders.