SKYE · NASDAQ · Biotechnology

Skye Bioscience (SKYE)

Developing an investigational peripheral cannabinoid-receptor antibody for obesity.

$1.88
Pre-market+0.03 (+1.62%)
At close$1.85(+2.78%)
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Skye Bioscience, Inc.SKYEHealth Care

Develops nimacimab, an investigational antibody for obesity and related metabolic disease, as a pre-commercial research-and-development company. Progress depends on clinical evidence, regulatory advancement, outsourced manufacturing, and financing; nimacimab is the sole disclosed clinical-stage asset.

Develops nimacimab, an investigational monoclonal antibody intended to inhibit a cannabinoid receptor outside the central nervous system for obesity and related metabolic disease. Its sole disclosed clinical-stage asset is being evaluated in the CBeyond study as monotherapy and alongside semaglutide, while a small sponsor organization coordinates U.S. trial sites, translational research, regulatory preparation, and outsourced manufacturing.

Operates as a pre-commercial pharmaceutical research-and-development business with no approved or marketed drugs and no product revenue, supported principally by equity capital and cash on hand. The tested monotherapy regimen did not show the intended weight-loss effect, directing further work toward higher-dose characterization; the combination path depends on access to semaglutide, further trials, regulatory interaction, manufacturing scale-up, and demonstration of safety and efficacy.

Company facts

CEOPunit S. Dhillon
ListedOct 20, 2023
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees20
CIK0001516551
ISINUS83086J2006

Market cap$8.1M
EPS (ttm)−$10.16
P/E (ttm)−0.1811
ROE-329.1%
P/B−18.35
P/S0.00
Dividend yieldDiv yield
Beta1.10vs XLV 0.75

Unavailable right now.

Next report
Nov 9, 2026
in 67 days
EPS estimate
−$1.14
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.24−$0.28−$0.44−$0.32−$0.36−$0.32−$2.16Pending
Estimate−$0.28−$0.31−$0.34−$0.33−$0.30−$0.29−$2.04−$1.14
Surprise+14.3%+9.7%−29.4%+3.0%−21.2%−10.3%−5.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$1.14
ReportedDue Nov 9, 2026
Estimate
ReportedDue Nov 9, 2026
View details

Current ratio95.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$3.9M−$9.7M−$11.1M−$17.6M−$12.8M−$14.4M−$12.5M−$10.8M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$5.0M−$10.7M−$11.8M−$18.2M−$13.3M−$14.9M−$12.7M−$11.1M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $10.1M · Total debt $35.7K · Total assets $11.0M · Shareholders' equity −$497.3K

Revenue
$0
Operating income
−$11.1M
Net income
−$10.8M
View details

No dividends on record.

Institutions45 holders · as of Jun 30, 202645.24%2.00M shares
Insiders6 holders · as of Aug 20, 202631.92%1.41M shares
Otherremainder22.84%1.01M shares

4.43M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
5Am Venture Management, LLCInstitution
27.33%9.68M13Fas of Jun 30, 2026
Andrew J. SchwabInsiderdirector, 10 percent owner
26.27%1.16MForm 4filed Aug 20, 2026
Versant Venture Management, LLCInstitution
5.67%2.01M13Fas of Jun 30, 2026
Baker Bros. Advisors LPInstitution
4.45%1.58M13Fas of Jun 30, 2026
Punit DhillonInsiderdirector, officer: Chief Executive Officer
4.01%177,478Form 4filed Aug 7, 2026
See all 25

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

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 20, 20265AM Partners VII, LLC10 percent owner−7,700$0.3200
Aug 19, 20265AM Partners VII, LLC10 percent owner−68,140$0.3500
Aug 18, 20265AM Partners VII, LLC10 percent owner−300,000$0.3800
Aug 20, 2026Andrew J. Schwabdirector, 10 percent owner: −7,700$0.3200
Aug 19, 2026Andrew J. Schwabdirector, 10 percent owner: −68,140$0.3500
View details

ComparePre-market

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