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AEMD · NASDAQ · Medical - Devices

Aethlon Medical (AEMD)

Developer of the investigational Hemopurifier for virus and extracellular-vesicle removal.

$1.71
Pre-market−0.13 (−7.07%)
At close$1.84(0.00%)
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Aethlon Medical, Inc.AEMDHealth Care

Develops the investigational Hemopurifier, a single-use plasma-filtration cartridge designed to remove enveloped viruses and extracellular vesicles. The pre-commercial business centers on an Australian oncology study and depends on clinical development, regulatory clearance, funding, and a future commercial channel.

Develops the investigational Hemopurifier, a single-use lectin-affinity plasmapheresis cartridge intended to bind and remove enveloped viruses and harmful extracellular vesicles from biological fluids. Its active program is an Australian safety, feasibility, and dose-finding study in advanced solid-tumor patients receiving pembrolizumab or nivolumab.

Operates a lean, pre-commercial model: clinical-study devices are manufactured in San Diego, while the wholly owned Australian subsidiary conducts current trial activity through hospitals, laboratories, and contract research organizations. The business has no approved product, sales force, or commercial revenue; future economics depend on clinical results, regulatory clearance, funding, reimbursement, and a commercial channel.

Development is concentrated in one investigational device, with limited-supplier inputs including the cartridge, lectin, and diatomaceous earth. FDA oversight governs clinical development, manufacturing, labeling, promotion, and post-market requirements, and the proposed alternate lectin supplier requires acceptance of an IDE supplement.

Company facts

CEOJames B. Frakes
ListedJul 13, 2015
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees9
CIK0000882291
ISINUS00808Y7031

Market cap$958.6K
EPS (ttm)−$11.70
P/E (ttm)−0.1556
ROE-123.1%
P/B0.1347
P/S0.00
Dividend yieldDiv yield
Beta1.89vs XLV −0.48

Unavailable right now.

Next report
Nov 11, 2026
in 69 days
EPS estimate
−$2.91
Revenue estimate
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Feb '25Jun '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
Reported−$10.40−$32.20−$8.50−$3.74−$2.45$20.40−$4.02Pending
Estimate−$17.60−$4.90−$6.80−$8.48−$10.05−$12.30−$3.92−$2.91
Surprise+40.9%−557.1%−25.0%+55.9%+75.6%+265.9%−2.6%

RevenueReportedEstimate

Feb '25Jun '25Aug '25Nov '25Feb '26Jun '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$2.91
ReportedDue Nov 11, 2026
Estimate
ReportedDue Nov 11, 2026
View details

Debt to equity4.90%
Current ratio541.60%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$0$0$0$0$0$0$0$0
Net income−$2.8M−$1.8M−$6.3M−$1.8M−$1.5M−$2.0M−$1.9M−$1.5M
Net margin

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income−$2.9M−$1.8M−$2.0M−$1.8M−$1.5M−$2.1M−$1.9M−$1.6M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $4.9M · Total debt $255.1K · Total assets $6.2M · Shareholders' equity $5.2M

Revenue
$0
Operating income
−$1.6M
Net income
−$1.5M
View details

No dividends on record.

Institutions12 holders · as of Mar 31, 20262.69%14.2K shares
Insiders4 holders · as of Jul 1, 20263.42%18.0K shares
Otherremainder93.89%494.5K shares

526.7K company shares as of Aug 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (711.1K in the company's Sep 3, 2026 report, 526.7K elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Angela RossettiInsiderdirector
1.00%5,241Form 4filed Apr 21, 2026
Geode Capital Management, LLCInstitution
0.93%24,36413Fas of Mar 31, 2026
Edward G. BroennimanInsiderdirector
0.85%4,473Form 4filed Jul 1, 2026
Chetan ShahInsiderdirector
0.79%4,168Form 4filed Jul 1, 2026
Nicolas GikakisInsiderdirector
0.78%4,133Form 4filed Jul 1, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • CytoSorbents

    Leading commercial peer in critical-care blood-purification cartridges.

ComparePre-market

CompanyPriceChange
Aethlon Medical$1.71−7.07%$958.6K
CytoSorbents$0.3398−11.88%$24.1M0.6+0.2%
Median0.6+0.2%