ARTL Chart
About

Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, develops and commercializes therapeutics that target lipid-signaling pathways in the United States. The company's product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated/ weight loss with cancer; and ART12.11, a synthetic cannabidiol cocrystal for the treatment anxiety, depression, post-traumatic stress disorder PTSD, epilepsy and insomnia, pain and inflammation, and other potential indications. It also offers ART26.12, a fatty acid binding protein 5 inhibitor for treating chemotherapy induced peripheral neuropathy, diabetic neuropathy, prostate cancer and breast cancer, pain, dermatologic conditions, and anxiety disorders. The company was formerly known as Reactive Medical Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 3.00M
Enterprise Value 1.86M Income -12.49M Sales —
Book/sh -0.41 Cash/sh 0.85 Dividend Yield —
Payout 0.00% Employees 6 IPO —
P/E — Forward P/E -1.48 PEG —
P/S — P/B -3.19 P/C —
EV/EBITDA — EV/Sales — Quick Ratio 0.35
Current Ratio 0.38 Debt/Eq — LT Debt/Eq —
EPS (ttm) -19.50 EPS next Y -0.88 EPS Growth —
Revenue Growth — Earnings 2025-11-12 08:00 ROA -136.26%
ROE -4.36% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 2.31M
Shs Float 2.01M Short Float 5.94% Short Ratio 1.27
Short Interest — 52W High 28.60 52W Low 1.10
Beta 1.00 Avg Volume 491.23K Volume 48.97K
Target Price — Recom None Prev Close $1.24
Price $1.30 Change 4.84%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.30
Latest analyst target
3. DCF / Fair value
$-27.00
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.30
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-19 down Maxim Group Buy → Hold —
2025-09-08 down D. Boral Capital Buy → Hold —
2025-08-26 main D. Boral Capital Buy → Buy $18
2025-08-18 main D. Boral Capital Buy → Buy $18
2025-08-06 main D. Boral Capital Buy → Buy $18
2025-08-04 main D. Boral Capital Buy → Buy $18
2025-07-08 up D. Boral Capital Hold → Buy $20
2025-06-11 down D. Boral Capital Buy → Hold —
2025-06-06 main D. Boral Capital Buy → Buy $6
2025-04-28 main D. Boral Capital Buy → Buy $6
2025-04-02 main D. Boral Capital Buy → Buy $6
2025-03-04 reit HC Wainwright & Co. Buy → Buy $5
2025-03-03 main D. Boral Capital Buy → Buy $6
2025-02-27 main D. Boral Capital Buy → Buy $6
2025-01-14 main D. Boral Capital Buy → Buy $6
2024-12-09 main D. Boral Capital Buy → Buy $6
2024-12-09 reit HC Wainwright & Co. Buy → Buy $5
2024-08-14 reit HC Wainwright & Co. Buy → Buy $5
2024-06-05 reit HC Wainwright & Co. Buy → Buy $5
2024-05-15 reit HC Wainwright & Co. Buy → Buy $5
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 38346 136128 — Conversion of Exercise of derivative security at price 3.55 per share. MATSUI CONNIE L Director — 2025-10-28 00:00:00 D
1 9586 34030 — Conversion of Exercise of derivative security at price 3.55 per share. GORGAS GREGORY D Chief Executive Officer — 2025-10-28 00:00:00 D
2 6846 24303 — Conversion of Exercise of derivative security at price 3.55 per share. FAVORITO TAMARA A. Director — 2025-10-28 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-08-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-10.39M-10.57M-10.29M-7.44M
TotalUnusualItems282.00K641.00K207.00K2.00K
TotalUnusualItemsExcludingGoodwill282.00K641.00K207.00K2.00K
NetIncomeFromContinuingOperationNetMinorityInterest-9.83M-9.29M-10.08M-7.44M
EBITDA-10.11M-9.93M-10.08M-7.44M
EBIT-10.11M-9.93M-10.08M-7.44M
NetInterestIncome0.00-3.00K2.00K
InterestExpense0.005.00K0.00
InterestIncome0.002.00K2.00K
NormalizedIncome-10.11M-9.93M-10.29M-7.44M
NetIncomeFromContinuingAndDiscontinuedOperation-9.83M-9.29M-10.08M-7.44M
TotalExpenses10.11M9.93M10.29M7.44M
TotalOperatingIncomeAsReported-10.11M-9.93M-10.29M-7.44M
DilutedAverageShares537.17K493.33K472.17K207.50K
BasicAverageShares537.17K493.33K472.17K207.50K
DilutedEPS-18.30-18.84-21.36-35.82
BasicEPS-18.30-18.84-21.36-35.82
DilutedNIAvailtoComStockholders-9.83M-9.29M-10.08M-7.44M
NetIncomeCommonStockholders-9.83M-9.29M-10.08M-7.44M
NetIncome-9.83M-9.29M-10.08M-7.44M
NetIncomeIncludingNoncontrollingInterests-9.83M-9.29M-10.08M-7.44M
NetIncomeContinuousOperations-9.83M-9.29M-10.08M-7.44M
TaxProvision0.000.000.000.00
PretaxIncome-9.83M-9.29M-10.08M-7.44M
OtherIncomeExpense282.00K641.00K207.00K2.00K
GainOnSaleOfSecurity282.00K641.00K207.00K2.00K
NetNonOperatingInterestIncomeExpense0.00-3.00K2.00K
InterestExpenseNonOperating0.005.00K0.00
InterestIncomeNonOperating0.002.00K2.00K
OperatingIncome-10.11M-9.93M-10.29M-7.44M
OperatingExpense10.11M9.93M10.29M7.44M
ResearchAndDevelopment5.99M5.70M4.32M2.84M
SellingGeneralAndAdministration4.12M4.23M5.96M4.60M
GeneralAndAdministrativeExpense4.12M4.23M5.96M4.60M
OtherGandA4.12M4.23M5.96M4.60M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber567.58K531.49K475.95K272.52K
ShareIssued567.58K531.49K475.95K272.52K
TotalDebt104.00K23.00K63.00K95.00K
TangibleBookValue818.00K9.71M17.36M10.00M
InvestedCapital2.86M11.75M19.40M12.04M
WorkingCapital785.00K9.69M17.32M9.79M
NetTangibleAssets818.00K9.71M17.36M10.00M
CapitalLeaseObligations104.00K23.00K63.00K95.00K
CommonStockEquity2.86M11.75M19.40M12.04M
TotalCapitalization2.86M11.75M19.40M12.04M
TotalEquityGrossMinorityInterest2.86M11.75M19.40M12.04M
StockholdersEquity2.86M11.75M19.40M12.04M
GainsLossesNotAffectingRetainedEarnings-202.00K-203.00K-254.00K18.00K
OtherEquityAdjustments-202.00K-203.00K-254.00K18.00K
RetainedEarnings-50.14M-40.31M-31.02M-16.90M
AdditionalPaidInCapital53.19M52.26M50.67M28.93M
CapitalStock3.00K3.00K3.00K2.00K
CommonStock3.00K3.00K3.00K2.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.84M1.29M1.02M593.00K
TotalNonCurrentLiabilitiesNetMinorityInterest69.00K0.0023.00K67.00K
LongTermDebtAndCapitalLeaseObligation69.00K0.0023.00K67.00K
LongTermCapitalLeaseObligation69.00K0.0023.00K67.00K
CurrentLiabilities1.77M1.29M998.00K526.00K
OtherCurrentLiabilities-3.00K
CurrentDebtAndCapitalLeaseObligation35.00K23.00K40.00K28.00K
CurrentCapitalLeaseObligation35.00K23.00K40.00K28.00K
PayablesAndAccruedExpenses1.74M1.27M958.00K498.00K
Payables1.74M1.27M958.00K498.00K
DuetoRelatedPartiesCurrent61.00K30.00K53.00K27.00K
AccountsPayable1.68M1.24M905.00K471.00K
TotalAssets4.70M13.04M20.42M12.63M
TotalNonCurrentAssets2.14M2.06M2.10M2.32M
OtherNonCurrentAssets3.00K3.00K3.00K189.00K
NonCurrentPrepaidAssets189.00K
InvestmentsAndAdvances0.000.00
InvestmentinFinancialAssets0.000.00
GoodwillAndOtherIntangibleAssets2.04M2.04M2.04M2.04M
OtherIntangibleAssets2.04M2.04M2.04M2.04M
NetPPE99.00K21.00K60.00K90.00K
GrossPPE99.00K21.00K60.00K90.00K
OtherProperties99.00K21.00K60.00K90.00K
BuildingsAndImprovements21.00K60.00K
Properties0.000.00
CurrentAssets2.56M10.98M18.32M10.32M
OtherCurrentAssets219.00K554.00K789.00K252.00K
PrepaidAssets252.00K
CashCashEquivalentsAndShortTermInvestments2.34M10.43M17.53M10.06M
OtherShortTermInvestments0.007.61M10.64M3.44M
CashAndCashEquivalents2.34M2.81M6.89M6.63M
Line Item2024-12-312023-12-312022-12-312021-08-31
FreeCashFlow-8.35M-8.21M-8.01M-6.14M
IssuanceOfCapitalStock112.00K567.00K0.008.10M
InterestPaidSupplementalData0.000.000.000.00
IncomeTaxPaidSupplementalData0.000.000.000.00
EndCashPosition2.34M2.81M6.89M6.63M
BeginningCashPosition2.81M6.89M12.16M2.14M
EffectOfExchangeRateChanges-8.00K60.00K-224.00K-45.00K
ChangesInCash-469.00K-4.13M-5.05M4.53M
FinancingCashFlow112.00K567.00K0.0014.11M
CashFlowFromContinuingFinancingActivities112.00K567.00K0.0014.11M
NetOtherFinancingCharges-7.00K
ProceedsFromStockOptionExercised0.006.02M
NetCommonStockIssuance112.00K567.00K0.008.10M
CommonStockIssuance112.00K567.00K0.008.10M
InvestingCashFlow7.77M3.51M2.96M-3.44M
CashFlowFromContinuingInvestingActivities7.77M3.51M2.96M-3.44M
NetInvestmentPurchaseAndSale7.77M3.51M2.96M-3.44M
SaleOfInvestment8.25M17.19M16.18M2.66M
PurchaseOfInvestment-481.00K-13.69M-13.22M-6.10M
OperatingCashFlow-8.35M-8.21M-8.01M-6.14M
CashFlowFromContinuingOperatingActivities-8.35M-8.21M-8.01M-6.14M
ChangeInWorkingCapital937.00K703.00K-172.00K-242.00K
ChangeInPayablesAndAccruedExpense480.00K273.00K23.00K-3.00K
ChangeInPayable480.00K273.00K23.00K-3.00K
ChangeInAccountPayable480.00K273.00K23.00K-3.00K
ChangeInPrepaidAssets457.00K430.00K-195.00K-239.00K
OtherNonCashItems3.00K-4.00K5.00K
StockBasedCompensation818.00K1.02M2.46M1.53M
UnrealizedGainLossOnInvestmentSecurities-282.00K-641.00K-207.00K2.00K
NetIncomeFromContinuingOperations-9.83M-9.29M-10.08M-7.44M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ARTL
Date User Asset Broker Type Position Size Entry Price Patterns