Celcuity Inc. (CELC) FY2024 10-K Annual Report

Filed: Mar 31, 2025
Health Care
Services-Medical LaboratoriesSEC EDGAR

Celcuity Inc. (CELC) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Mar 31, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Celcuity Inc. FY2024 10-K Analysis

Business Overview

  • Core business: Clinical-stage biotech developing gedatolisib, a pan-PI3K/mTOR inhibitor targeting multiple solid tumors, primarily HR+/HER2- advanced breast and metastatic prostate cancer
  • New emphasis: Initiation and enrollment updates for two Phase 3 trials (VIKTORIA-1 completed PIK3CA WT enrollment in Q4 2024; VIKTORIA-2 site activation in Q3 2024, first patient expected Q2 2025)
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Management Discussion & Analysis

  • No revenue or profitability data disclosed in the provided text
  • No segment performance information available
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Risk Factors

  • FDA approval risk tied to VIKTORIA-1 trial topline data expected Q2 2025, crucial for gedatolisib market authorization
  • Clinical trial site exposure: 200+ sites across North America, Europe, Latin America, Asia-Pacific for VIKTORIA-1 and VIKTORIA-2 trials
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Celcuity Inc. FY2024 Key Financial Metrics
XBRL

Net Income

-$112M

-75.3% YoY

ROE

-96.7%

-5105bp YoY

Total Assets

$245M

+28.2% YoY

EPS (Diluted)

$-2.83

-5.2% YoY

Operating Cash Flow

-$83M

-55.1% YoY

Source: XBRL data from Celcuity Inc. FY2024 10-K filing on SEC EDGAR. All figures in USD.

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