Lantern Pharma Inc.(LTRN)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $0.0M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
LTRN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Lantern Pharma Inc. (LTRN), a Healthcare sector company. LTRN is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $0.0m in revenue. Based on the latest XBRL financial filings (Q1 2026), Lantern Pharma Inc. reports net income of $-3.3M, free cash flow of $-3.8M. Top institutional holders of LTRN by reported 13-F value include BIOS Capital Management,, VANGUARD CAPITAL MANAGEMENT, CM Management,, based on the most recent SEC filings. LTRN trades on the Nasdaq exchange and files with the SEC under CIK 1763950. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LTRN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Lantern Pharma Inc. directly from SEC EDGAR.
Net Income
Q1 2026
$-3.3M
Free Cash Flow
Q1 2026
$-3.8M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Net Income
+17.6% YoYOperating Income
+19.1% YoYEPS (Diluted)
+18.7% YoYTotal Assets
-56.8% YoYOp. Cash Flow
+12.0% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2018 |
|---|---|---|---|---|---|---|
| Net Income | $-17.1M +17.6% | $-20.8M -30.2% | $-16.0M -11.9% | $-14.3M -15.3% | $-12.4M | — |
| Operating Income | $-18.0M +19.1% | $-22.2M -24.3% | $-17.9M -23.9% | $-14.4M -14.6% | $-12.6M | — |
| EPS (Diluted) | $-1.57 +18.7% | $-1.93 -31.3% | $-1.47 -12.2% | $-1.31 | — | — |
| Total Assets | $11.0M -56.8% | $25.6M -41.4% | $43.6M -25.8% | $58.8M -20.4% | $74.0M | — |
| Operating Cash Flow | $-15.7M +12.0% | $-17.8M -24.2% | $-14.3M -12.4% | $-12.8M -20.5% | $-10.6M | — |
AI Insight: LTRN Financial Trends
Lantern is burning through equity at an accelerating pace with no revenue generation; equity has eroded 90% from Q2 2024 to Q1 2026.
• Equity collapsed from $31M (Q2 2024) to $3M (Q1 2026), a 90% decline over 8 quarters with no stabilization visible.
• Net losses narrowed from $5–6M per quarter (2024) to $3–4M (2025–Q1 2026), suggesting some cost discipline despite zero revenue.
• Operating cash flow consistently negative; no improvement trajectory. Q1 2026 burn was $4M on minimal operating scale.
⚠ Equity now at $3M—critical solvency threshold. Any further losses risk balance sheet insolvency within 1–2 quarters.
⚠ Zero revenue across entire 8-quarter window indicates pipeline failure or extreme pre-commercialization stage; clinical/regulatory catalyst unknown.
AI Insight: LTRN Ratio Trends
Lantern Pharma remains unprofitable with deteriorating returns; ROE collapsed to -174.3% in Q3 2025 before data gaps emerge.
• ROE declined sharply from -64.1% in Q2 2024 to -174.3% in Q3 2025, indicating worsening losses relative to shareholder equity.
• ROA also deteriorated, falling from -55.8% in Q2 2024 to -99.5% in Q2 2025, reflecting mounting asset-base losses.
⚠ Data gaps for Q4 2025 and Q1 2026 obscure latest profitability trajectory; Q3 2025 marked worst ROE on record in available history.
⚠ Margin and leverage metrics unavailable throughout; cash burn sustainability and capital structure health cannot be assessed.
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Available Research
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Top Institutional Holders of LTRN
BIOS Capital Management, LP
$1.2M864,435 shVANGUARD CAPITAL MANAGEMENT LLC
$454.9K332,079 shCM Management, LLC
$342.5K250,000 shRENAISSANCE TECHNOLOGIES LLC
$158.9K116,000 shGEODE CAPITAL MANAGEMENT, LLC
$153.0K111,646 shWestside Investment Management, Inc.
$68.6K50,050 shVoss Capital, LP
$68.5K50,000 shVANGUARD FIDUCIARY TRUST CO
$68.0K49,607 shBlackRock, Inc.
$62.0K45,267 shDIMENSIONAL FUND ADVISORS LP
$52.1K38,060 sh
| Fund | Value | Shares |
|---|---|---|
| BIOS Capital Management, LP | $1.2M | 864,435 |
| VANGUARD CAPITAL MANAGEMENT LLC | $454.9K | 332,079 |
| CM Management, LLC | $342.5K | 250,000 |
| RENAISSANCE TECHNOLOGIES LLC | $158.9K | 116,000 |
| GEODE CAPITAL MANAGEMENT, LLC | $153.0K | 111,646 |
| Westside Investment Management, Inc. | $68.6K | 50,050 |
| Voss Capital, LP | $68.5K | 50,000 |
| VANGUARD FIDUCIARY TRUST CO | $68.0K | 49,607 |
| BlackRock, Inc. | $62.0K | 45,267 |
| DIMENSIONAL FUND ADVISORS LP | $52.1K | 38,060 |
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Popular Research
Is LTRN a good stock to buy?
13F Pro's AI-powered analysis of Lantern Pharma Inc. (LTRN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for LTRN are available on the LTRN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own LTRN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling LTRN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Lantern Pharma Inc.'s investment landscape.