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Annual · values20252024202320222021202020192018
Operating Cash Flow-2.77 M CHF-4.27 M CHF-9.68 M CHF-13.88 M CHF-14.94 M CHF-729386 CHF-190009 CHF-2.73 M CHF
Depreciation & Amortization55000 CHF413000 CHF620000 CHF11408 CHF10050 CHF
Stock-Based Compensation765000 CHF208000 CHF149000 CHF22730 CHF
Capital Expenditures8000 CHF3917 CHF6000 CHF39560 CHF
Cash Flow from Investing1.70 M CHF-3917 CHF103000 CHF-39560 CHF
Cash Flow from Financing2.63 M CHF5.04 M CHF1.63 M CHF17.40 M CHF20.34 M CHF503522 CHF407479 CHF557920 CHF
Dividends Paid
Stock Buybacks
Free Cash Flow-2.77 M CHF-4.27 M CHF-9.69 M CHF-14.98 M CHF

NLS Pharmaceutics Ltd. is a clinical-stage biopharmaceutical company focused on discovering and developing innovative therapies for rare and complex central nervous system (CNS) disorders. Headquartered in Zurich, Switzerland, the company leverages advanced scientific platforms, including its proprietary dual orexin receptor agonist (DOXA) technology, to target neurobehavioral and neurocognitive challenges such as narcolepsy, ADHD, and other sleep-related conditions. NLS Pharmaceutics is committed to delivering safer, more effective treatments that address significant unmet medical needs in the global CNS therapeutics market. Its pipeline includes lead candidates like Mazindol ER, designed to improve symptoms in patients with narcolepsy and ADHD, as well as other investigational assets targeting neurodegenerative diseases. The company’s research is supported by a network of world-class partners and scientists, emphasizing rigorous clinical development and robust intellectual property. In October 2025, NLS Pharmaceutics completed a strategic merger with Kadimastem Ltd., forming NewcelX Ltd., which consolidates expertise in both drug development and cell therapy to broaden its impact across neurodegenerative diseases and diabetes. This evolution positions the company at the forefront of next-generation CNS therapies, combining cutting-edge science with a patient-centric approach to drive meaningful advances in brain health.