DARE Chart
About

Daré Bioscience, Inc. develops therapies in the areas of contraception, pelvic pain, fertility, infectious disease, menopause, and sexual and vaginal health in the United States. The company offers XACIATO, a lincosamide antibacterial gel for the treatment of bacterial vaginosis. It also develops Ovaprene, a hormone-free monthly intravaginal contraceptive; Sildenafil Cream, a cream formulation of sildenafil for topical administration to the female genitalia for the treatment of female sexual arousal disorder; DARE-HRT1 to treat vasomotor symptoms in menopausal hormone therapy; DARE-VVA1 for the treatment of dyspareunia or pain during sexual intercourse; and DARE-HPV, a fixed-dose formulation of lopinavir and ritonavir in a soft gel vaginal insert to treat genital human papillomavirus (HPV) infection, cervical intraepithelial neoplasia, and other HPV-related pathologies. In addition, the company develops DARE-PDM1, a hydrogel formulation of diclofenac for vaginal administration to treat primary dysmenorrhea; DARE-204 and DARE-214, injectable formulations of etonogestrel that provides contraception over 6-month and 12-month periods; DARE-FRT1, an intravaginal ring designed to deliver bio-identical progesterone for luteal phase support as part of an in vitro fertilization treatment plan; and DARE-PTB1 for the prevention of preterm birth. Further, it develops DARE-LARC1, a contraceptive implant delivering levonorgestrel with a woman-centered design controlled contraceptive option; DARE-RH1, an approach to non-hormonal contraception for men and women by targeting the CatSper ion channel; DARE-PTB2 for the prevention and treatment of idiopathic preterm birth through inhibition of a stress response protein; DARE-LBT, a vaginal thermosetting gel formulation for the delivery of live biotherapeutics; and DARE-GML, which delivers antimicrobial glycerol monolaurate intravaginally. Daré Bioscience, Inc. was founded in 2015 and is headquartered in San Diego, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 22.24M
Enterprise Value 3.58M Income -17.46M Sales -57.13K
Book/sh 0.20 Cash/sh 1.61 Dividend Yield —
Payout 0.00% Employees 21 IPO —
P/E — Forward P/E -4.71 PEG —
P/S -389.31 P/B 8.05 P/C —
EV/EBITDA -0.22 EV/Sales -62.62 Quick Ratio 1.10
Current Ratio 1.18 Debt/Eq 102.61 LT Debt/Eq —
EPS (ttm) -1.83 EPS next Y -0.35 EPS Growth —
Revenue Growth -94.60% Earnings 2026-03-30 ROA -44.74%
ROE -25.43% ROIC — Gross Margin 0.00%
Oper. Margin -1623.41% Profit Margin 0.00% Shs Outstand 13.48M
Shs Float 13.04M Short Float 2.19% Short Ratio 3.87
Short Interest — 52W High 9.19 52W Low 1.61
Beta 0.95 Avg Volume 150.77K Volume 30.84K
Target Price $10.75 Recom None Prev Close $1.66
Price $1.65 Change -0.60%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$10.75
Mean price target
2. Current target
$1.66
Latest analyst target
3. DCF / Fair value
$-1.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.66
Low
$8.00
High
$12.00
Mean
$10.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-02 reit HC Wainwright & Co. Buy → Buy $12
2025-09-04 up Maxim Group Hold → Buy $8
2025-04-01 reit HC Wainwright & Co. Buy → Buy $12
2024-12-17 reit HC Wainwright & Co. Buy → Buy $12
2024-11-15 reit HC Wainwright & Co. Buy → Buy $12
2024-10-24 reit HC Wainwright & Co. Buy → Buy $12
2024-08-16 main Jones Trading Buy → Buy $13
2024-08-14 down Maxim Group Buy → Hold —
2024-05-15 reit HC Wainwright & Co. Buy → Buy $6
2024-05-15 up Brookline Capital Hold → Buy $3
2024-05-01 reit HC Wainwright & Co. Buy → Buy $6
2024-04-17 down Brookline Capital Buy → Hold —
2024-04-01 reit HC Wainwright & Co. Buy → Buy $6
2023-11-10 main HC Wainwright & Co. Buy → Buy $6
2023-08-11 reit HC Wainwright & Co. Buy → Buy $7
2023-07-13 reit HC Wainwright & Co. Buy → Buy $7
2023-06-06 reit HC Wainwright & Co. — → Buy $7
2023-05-22 reit HC Wainwright & Co. Buy → Buy $7
2023-05-12 reit HC Wainwright & Co. Buy → Buy $7
2023-03-31 reit HC Wainwright & Co. — → Buy $7
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-43.79M-30.90M-31.36M-39.41M
TotalUnusualItems20.38M0.000.00369.89K
TotalUnusualItemsExcludingGoodwill20.38M0.000.00369.89K
NetIncomeFromContinuingOperationNetMinorityInterest-4.05M-30.16M-30.95M-38.70M
ReconciledDepreciation42.33K38.36K24.20K26.41K
EBITDA-23.41M-30.90M-31.36M-39.04M
EBIT-23.45M-30.94M-31.39M-39.07M
NormalizedIncome-24.43M-30.16M-30.95M-39.07M
NetIncomeFromContinuingAndDiscontinuedOperation-4.05M-30.16M-30.95M-38.70M
TotalExpenses23.46M33.75M41.39M39.07M
TotalOperatingIncomeAsReported-23.45M-30.94M-31.39M-39.07M
DilutedAverageShares8.50M7.28M7.05M5.10M
BasicAverageShares8.50M7.28M7.05M5.10M
DilutedEPS-0.48-4.15-4.44-7.56
BasicEPS-0.48-4.15-4.44-7.56
DilutedNIAvailtoComStockholders-4.05M-30.16M-30.95M-38.70M
NetIncomeCommonStockholders-4.05M-30.16M-30.95M-38.70M
OtherunderPreferredStockDividend0.00
NetIncome-4.05M-30.16M-30.95M-38.70M
NetIncomeIncludingNoncontrollingInterests-4.05M-30.16M-30.95M-38.70M
NetIncomeContinuousOperations-4.05M-30.16M-30.95M-38.70M
PretaxIncome-4.05M-30.16M-30.95M-38.70M
OtherIncomeExpense19.40M778.49K437.75K372.41K
OtherNonOperatingIncomeExpenses-981.49K778.49K437.75K2.52K
SpecialIncomeCharges20.38M0.000.00369.89K
GainOnSaleOfPPE20.38M0.00
OtherSpecialCharges-369.89K
OperatingIncome-23.45M-30.94M-31.39M-39.07M
OperatingExpense23.46M33.75M41.39M39.07M
OtherOperatingExpenses100.00K100.00K100.00K
ResearchAndDevelopment14.21M21.54M30.04M30.62M
SellingGeneralAndAdministration9.16M12.11M11.24M8.45M
GeneralAndAdministrativeExpense9.16M12.11M11.24M8.45M
OtherGandA9.16M12.11M11.24M8.45M
TotalRevenue9.78K2.81M10.00M0.00
OperatingRevenue9.78K2.81M10.00M0.00
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber8.70M8.33M7.07M7.00M
ShareIssued8.70M8.33M7.07M7.00M
TotalDebt1.30M1.40M488.74K270.55K
TangibleBookValue-6.01M-5.05M11.11M38.75M
InvestedCapital-6.01M-5.05M11.11M38.75M
WorkingCapital-3.16M-2.94M11.41M39.24M
NetTangibleAssets-6.01M-5.05M11.11M38.75M
CapitalLeaseObligations1.30M1.40M488.74K270.55K
CommonStockEquity-6.01M-5.05M11.11M38.75M
TotalCapitalization-6.01M-5.05M11.11M38.75M
TotalEquityGrossMinorityInterest-6.01M-5.05M11.11M38.75M
StockholdersEquity-6.01M-5.05M11.11M38.75M
GainsLossesNotAffectingRetainedEarnings-428.81K-360.90K-351.31K-154.97K
OtherEquityAdjustments-428.81K-360.90K-351.31K-154.97K
RetainedEarnings-175.29M-171.24M-141.07M-110.13M
AdditionalPaidInCapital169.71M166.55M152.53M149.03M
CapitalStock870.00833.008.48K8.39K
CommonStock870.00833.008.48K8.39K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest28.11M26.33M32.71M17.05M
TotalNonCurrentLiabilitiesNetMinorityInterest6.50M5.85M1.09M1.00M
OtherNonCurrentLiabilities4.75M3.91M
NonCurrentDeferredLiabilities1.00M1.00M1.00M1.00M
NonCurrentDeferredRevenue1.00M1.00M1.00M1.00M
LongTermDebtAndCapitalLeaseObligation754.38K935.74K90.35K0.00
LongTermCapitalLeaseObligation754.38K935.74K90.35K0.00
CurrentLiabilities21.61M20.48M31.62M16.05M
CurrentDeferredLiabilities16.56M13.74M18.30M10.54M
CurrentDeferredRevenue16.56M13.74M18.30M10.54M
CurrentDebtAndCapitalLeaseObligation548.64K468.73K398.39K270.55K
CurrentCapitalLeaseObligation548.64K468.73K398.39K270.55K
CurrentNotesPayable0.00
PensionandOtherPostRetirementBenefitPlansCurrent805.61K805.41K1.72M1.53M
PayablesAndAccruedExpenses3.69M5.47M11.20M3.71M
CurrentAccruedExpenses1.99M1.81M9.17M1.60M
Payables1.71M3.66M2.03M2.10M
OtherPayable249.63K273.69K
AccountsPayable1.46M3.39M2.03M2.10M
TotalAssets22.10M21.28M43.83M55.81M
TotalNonCurrentAssets3.65M3.74M787.63K511.16K
OtherNonCurrentAssets1.10M599.59K254.29K
NonCurrentPrepaidAssets12.03K1.16M10.50K125.44K
NonCurrentDeferredAssets139.20K143.00K
NetPPE2.54M1.98M522.83K242.71K
AccumulatedDepreciation-175.89K-145.70K
GrossPPE2.72M2.12M522.83K242.71K
Leases40.28K42.19K
ConstructionInProgress1.23M600.00K
OtherProperties1.41M1.43M522.83K242.71K
MachineryFurnitureEquipment37.24K51.98K
BuildingsAndImprovements1.21M1.32M
Properties0.000.00
CurrentAssets18.45M17.54M43.04M55.30M
PrepaidAssets2.52M6.12M6.67M2.48M
Receivables229.98K949.21K1.70M1.15M
OtherReceivables229.98K949.21K1.70M1.15M
CashCashEquivalentsAndShortTermInvestments15.70M10.48M34.67M51.67M
CashAndCashEquivalents15.70M10.48M34.67M51.67M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow4.82M-39.49M-18.15M-28.78M
RepaymentOfDebt-579.22K-333.99K0.00
IssuanceOfDebt561.66K601.17K0.000.00
IssuanceOfCapitalStock453.58K9.35M1.22M75.31M
CapitalExpenditure-573.05K-629.43K-63.07K-14.52K
EndCashPosition16.00M10.81M34.67M51.67M
BeginningCashPosition10.81M34.67M51.67M4.67M
EffectOfExchangeRateChanges-67.91K-9.59K-196.34K-63.59K
ChangesInCash5.26M-23.85M-16.81M47.07M
FinancingCashFlow433.83K15.64M1.34M75.85M
CashFlowFromContinuingFinancingActivities433.83K15.64M1.34M75.85M
NetOtherFinancingCharges-2.19K4.72M
ProceedsFromStockOptionExercised0.001.30M124.60K532.67K
NetCommonStockIssuance453.58K9.35M1.22M75.31M
CommonStockIssuance453.58K9.35M1.22M75.31M
NetIssuancePaymentsOfDebt-17.56K267.19K0.000.00
NetLongTermDebtIssuance-17.56K267.19K0.000.00
LongTermDebtPayments-579.22K-333.99K0.00
LongTermDebtIssuance561.66K601.17K0.000.00
InvestingCashFlow-573.05K-629.43K-63.07K-14.52K
CashFlowFromContinuingInvestingActivities-573.05K-629.43K-63.07K-14.52K
NetPPEPurchaseAndSale-573.05K-629.43K-63.07K-14.52K
PurchaseOfPPE-573.05K-629.43K-63.07K-14.52K
OperatingCashFlow5.39M-38.86M-18.09M-28.76M
CashFlowFromContinuingOperatingActivities5.39M-38.86M-18.09M-28.76M
ChangeInWorkingCapital5.81M-10.43M10.70M8.73M
ChangeInOtherWorkingCapital2.82M-4.57M7.76M8.98M
ChangeInOtherCurrentLiabilities-459.76K915.73K
ChangeInOtherCurrentAssets-33.75K-10.30K3.65K20.87K
ChangeInPayablesAndAccruedExpense-1.24M-6.91M7.68M1.04M
ChangeInAccruedExpense692.29K-8.27M7.76M-45.87K
ChangeInInterestPayable520.82K0.00
ChangeInPayable-1.93M1.36M-75.13K1.08M
ChangeInAccountPayable-1.93M1.36M-75.13K1.08M
ChangeInPrepaidAssets4.00M-605.26K-4.19M-622.34K
ChangeInReceivables719.23K753.95K-557.84K-685.15K
OtherNonCashItems788.32K-837.42K-23.06K-51.85K
StockBasedCompensation2.20M2.53M2.16M1.60M
DepreciationAmortizationDepletion42.33K38.36K24.20K26.41K
DepreciationAndAmortization42.33K38.36K24.20K26.41K
Depreciation42.33K38.36K24.20K26.41K
OperatingGainsLosses600.20K-369.89K
GainLossOnSaleOfPPE600.20K0.00
NetIncomeFromContinuingOperations-4.05M-30.16M-30.95M-38.70M
SEC Filings

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

Public Trades for DARE
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