| Annual · values | 2025 | 2024 |
|---|---|---|
| Gross Margin | — | — |
| Operating Margin | — | — |
| EBITDA Margin | — | — |
| Net Margin | — | — |
| Current Ratio | 20.01 | 7.20 |
| Quick Ratio | 20.01 | 7.20 |
| Debt / Equity | — | — |
| ROE | -35.16% | 40.07% |
| ROA | -33.61% | -56.66% |
| Asset Turnover | — | — |
| Book Value / Share | 52.80 | -263.02 |
MapLight Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for central nervous system (CNS) disorders. Its primary focus is on discovering and advancing circuit-specific treatments designed to address severe and difficult-to-treat brain conditions such as schizophrenia, Alzheimer’s disease psychosis, autism spectrum disorder, and Parkinson’s disease. The company's leading drug candidate, ML-007C-MA, combines M1/M4 muscarinic agonism with a peripherally acting anticholinergic, specifically targeting symptoms of schizophrenia and Alzheimer’s disease-related psychosis. Additional candidates in the pipeline address social deficits in autism, motor issues in Parkinson’s disease, and agitation-related disorders through novel pharmacological approaches. Founded in 2018 by leaders in psychiatry and neuroscience, MapLight Therapeutics leverages a proprietary discovery platform that identifies and modulates neural circuits causally linked to disease, aiming to move beyond the limitations of traditional CNS medications. The company plays a significant role in the ongoing evolution of neuropsychiatric drug development, prioritizing scientific rigor and circuit specificity to potentially offer safer and more effective therapeutic options for underserved patient populations.