SCLX Chart
About

Scilex Holding Company focuses on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain. Its commercial products include ZTlido (lidocaine topical system) 1.8% (ZTlido), a prescription lidocaine topical product for the relief of neuropathic pain associated with postherpetic neuralgia (PHN), which is a form of post-shingles nerve pain; ELYXYB, a ready-to-use oral solution for the acute treatment of migraine with or without aura in adults; and GLOPERBA, a liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. The company also develops three product candidates, including SP-102 (10 mg, dexamethasone sodium phosphate viscous gel - SEMDEXA), a novel viscous gel formulation of a used corticosteroid for epidural injections, which has completed a phase 3 study to treat lumbosacral radicular pain or sciatica; SP-103 (lidocaine topical system) 5.4%, a formulation of ZTlido for the treatment of chronic neck pain and low back pain (LBP) that has completed a phase 2 trial; and SP-104 (4.5 mg low-dose naltrexone hydrochloride delayed-release capsules), a novel low-dose delayed-release naltrexone hydrochloride, which has completed phase 1 trials for the treatment of fibromyalgia. It has an agreement with Oishi and Itochu to develop lidocaine tape products, including ZTlido and SP-103; and Lifecore Biomedical, LLC for clinical trial material manufacturing and development services for SEMDEXA. Scilex Holding Company is based in Palo Alto, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Gen Market Cap 59.29M
Enterprise Value 112.96M Income -375.84M Sales 40.36M
Book/sh -29.75 Cash/sh 0.15 Dividend Yield —
Payout 0.00% Employees 30 IPO —
P/E — Forward P/E 2.71 PEG —
P/S 1.47 P/B -0.28 P/C —
EV/EBITDA -0.44 EV/Sales 2.80 Quick Ratio 0.04
Current Ratio 0.05 Debt/Eq — LT Debt/Eq —
EPS (ttm) -40.46 EPS next Y 3.11 EPS Growth —
Revenue Growth -26.90% Earnings 2026-03-12 ROA -87.43%
ROE — ROIC — Gross Margin 68.59%
Oper. Margin -17.66% Profit Margin 0.00% Shs Outstand 7.03M
Shs Float 3.69M Short Float 3.33% Short Ratio 2.24
Short Interest — 52W High 34.27 52W Low 3.60
Beta 1.37 Avg Volume 75.51K Volume 8.44K
Target Price — Recom None Prev Close $8.23
Price $8.43 Change 2.43%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$8.43
Latest analyst target
3. DCF / Fair value
$-51.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.43
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-04-11 down D. Boral Capital Buy → Hold —
2025-04-02 main D. Boral Capital Buy → Buy $18
2025-02-28 main D. Boral Capital Buy → Buy $22
2025-01-27 init D. Boral Capital — → Buy $22
2024-10-21 reit HC Wainwright & Co. Buy → Buy $7
2024-10-16 init Alliance Global Partners — → Buy $14
2024-06-17 reit HC Wainwright & Co. Buy → Buy $7
2024-06-13 init Rodman & Renshaw — → Buy $13
2024-06-11 reit HC Wainwright & Co. Buy → Buy $7
2024-05-23 main HC Wainwright & Co. Buy → Buy $7
2024-05-03 main HC Wainwright & Co. Buy → Buy $8
2023-12-04 reit HC Wainwright & Co. Buy → Buy $12
2023-10-13 init B. Riley Securities — → Buy $4
2023-10-09 init HC Wainwright & Co. — → Buy $12
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20657300 270814177 — Sale at price 12.30 - 14.10 per share. SCILEX HOLDING CO Beneficial Owner of more than 10% of a Class of Security — 2025-12-30 00:00:00 D
1 30000 13800 — Purchase at price 0.46 per share. SHAH JAISIM Chief Executive Officer — 2024-12-18 00:00:00 D
2 8888 8351 — Purchase at price 0.94 per share. JI HENRY H Officer and Director — 2024-10-31 00:00:00 D
3 32000 31670 — Purchase at price 0.99 per share. SHAH JAISIM Chief Executive Officer — 2024-10-29 00:00:00 D
4 1000 990 — Purchase at price 0.99 per share. FOLLOWWILL DORMAN Director — 2024-10-18 00:00:00 D
5 5000 4750 — Purchase at price 0.95 per share. CHUN JAY Director — 2024-10-18 00:00:00 D
6 10000 9710 — Purchase at price 0.97 per share. JI HENRY H Officer and Director — 2024-10-17 00:00:00 I
7 20000 18992 — Purchase at price 0.95 per share. WU YUE ALEXANDER Director — 2024-10-17 00:00:00 D
8 2000 1800 — Purchase at price 0.90 per share. LEMUS DAVID Director — 2024-10-17 00:00:00 D
9 30000 29751 — Purchase at price 0.99 per share. SHAH JAISIM Chief Executive Officer — 2024-10-16 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems367.05-132.30K7.74M-3.46M
TaxRateForCalcs0.000.210.210.27
NormalizedEBITDA-93.52M-108.47M-46.67M-32.06M
TotalUnusualItems26.72M-630.00K36.88M-12.82M
TotalUnusualItemsExcludingGoodwill26.72M-630.00K36.88M-12.82M
NetIncomeFromContinuingOperationNetMinorityInterest-72.81M-114.33M-23.36M-88.42M
ReconciledDepreciation4.05M4.15M3.96M3.78M
ReconciledCostOfRevenue16.67M15.64M10.76M3.59M
EBITDA-66.80M-109.10M-9.79M-44.88M
EBIT-70.84M-113.25M-13.76M-48.66M
NetInterestIncome-1.96M-1.07M-9.60M-39.76M
InterestExpense1.96M1.07M9.60M39.76M
InterestIncome0.00
NormalizedIncome-99.53M-113.83M-52.50M-79.07M
NetIncomeFromContinuingAndDiscontinuedOperation-72.81M-114.33M-23.36M-88.42M
TotalExpenses149.38M152.17M88.67M67.16M
TotalOperatingIncomeAsReported-83.40M-105.43M-50.63M-35.84M
DilutedAverageShares3.83M3.72M3.84M3.80M
BasicAverageShares3.75M3.72M3.84M3.80M
DilutedEPS-21.35-44.80-5.95-23.26
BasicEPS-19.60-44.80-5.95-23.26
DilutedNIAvailtoComStockholders-72.81M-166.98M-23.36M-88.42M
NetIncomeCommonStockholders-72.81M-166.98M-23.36M-88.42M
OtherunderPreferredStockDividend0.000.00
PreferredStockDividends52.65M
NetIncome-72.81M-114.33M-23.36M-88.42M
NetIncomeIncludingNoncontrollingInterests-72.81M-114.33M-23.36M-88.42M
NetIncomeContinuousOperations-72.81M-114.33M-23.36M-88.42M
TaxProvision-1.00K13.00K4.00K5.00K
PretaxIncome-72.81M-114.32M-23.36M-88.42M
OtherIncomeExpense21.94M-7.82M36.88M-12.82M
OtherNonOperatingIncomeExpenses-4.78M-7.19M
SpecialIncomeCharges9.39M0.0028.63M-12.46M
OtherSpecialCharges-9.39M-28.63M12.46M
GainOnSaleOfSecurity17.33M-630.00K8.24M-354.00K
NetNonOperatingInterestIncomeExpense-1.96M-1.07M-9.60M-39.76M
InterestExpenseNonOperating1.96M1.07M9.60M39.76M
InterestIncomeNonOperating0.00
OperatingIncome-92.79M-105.43M-50.63M-35.84M
OperatingExpense132.69M136.49M77.87M63.52M
DepreciationAmortizationDepletionIncomeStatement4.03M4.11M3.92M3.74M
DepreciationAndAmortizationInIncomeStatement4.03M4.11M3.92M3.74M
Amortization4.03M4.11M3.92M3.74M
AmortizationOfIntangiblesIncomeStatement4.03M4.11M3.92M3.74M
ResearchAndDevelopment9.64M12.75M9.05M9.20M
SellingGeneralAndAdministration119.02M119.64M64.89M50.58M
GrossProfit39.90M31.06M27.24M27.68M
CostOfRevenue16.69M15.68M10.80M3.63M
TotalRevenue56.59M46.74M38.03M31.32M
OperatingRevenue56.59M46.74M38.03M31.32M
Line Item2024-12-312023-12-31
TreasurySharesNumber1.72M1.72M
OrdinarySharesNumber5.24M2.86M4.04M4.03M
ShareIssued6.95M4.57M4.04M4.03M
NetDebt32.45M121.55M148.76M
TotalDebt37.96M128.46M1.41M154.75M
TangibleBookValue-238.58M-222.90M-17.84M-276.16M
InvestedCapital-156.92M-47.47M36.24M-70.78M
WorkingCapital-218.09M-203.60M-15.23M-146.42M
NetTangibleAssets-238.57M-222.90M-17.83M-276.16M
CapitalLeaseObligations2.24M3.00M1.41M1.65M
CommonStockEquity-192.64M-172.94M36.24M-223.88M
PreferredStockEquity1.00K3.00K
TotalCapitalization-191.80M-155.90M36.24M-128.34M
TotalEquityGrossMinorityInterest-192.64M-172.94M36.24M-223.88M
StockholdersEquity-192.64M-172.94M36.24M-223.88M
GainsLossesNotAffectingRetainedEarnings6.32M0.00
OtherEquityAdjustments6.32M
TreasuryStock90.52M90.52M0.00
RetainedEarnings-563.05M-490.25M-375.91M-352.55M
AdditionalPaidInCapital454.59M407.81M412.14M128.66M
CapitalStock25.00K16.00K17.00K13.00K
CommonStock24.00K16.00K14.00K13.00K
PreferredStock1.00K0.003.00K0.00
TotalLiabilitiesNetMinorityInterest285.59M274.25M50.29M301.81M
TotalNonCurrentLiabilitiesNetMinorityInterest25.96M23.87M5.45M132.39M
OtherNonCurrentLiabilities155.00K179.00K163.00K
DerivativeProductLiabilities18.30M1.52M1.23M35.70M
NonCurrentDeferredLiabilities5.13M2.90M3.39M0.00
NonCurrentDeferredRevenue2.69M0.00
LongTermDebtAndCapitalLeaseObligation2.37M19.27M665.00K96.69M
LongTermCapitalLeaseObligation1.52M2.24M665.00K1.15M
LongTermDebt845.00K17.04M95.54M
CurrentLiabilities259.63M250.38M44.84M169.42M
CurrentDeferredLiabilities4.56M491.00K264.00K0.00
CurrentDeferredRevenue4.12M0.00
CurrentDebtAndCapitalLeaseObligation35.59M109.19M745.00K58.06M
CurrentCapitalLeaseObligation714.00K759.00K745.00K500.00K
CurrentDebt34.88M108.43M57.56M
OtherCurrentBorrowings34.88M108.43M57.56M
PayablesAndAccruedExpenses219.48M140.70M43.83M111.36M
CurrentAccruedExpenses165.99M98.30M35.38M14.35M
Payables53.50M42.41M8.45M97.01M
DuetoRelatedPartiesCurrent0.0092.72M
TotalTaxPayable876.00K1.45M0.00
AccountsPayable52.62M40.95M8.45M4.28M
TotalAssets92.95M101.31M86.53M77.93M
TotalNonCurrentAssets51.41M54.53M56.92M54.93M
OtherNonCurrentAssets119.00K897.00K944.00K538.00K
NonCurrentPrepaidAssets538.00K
InvestmentsAndAdvances2.42M0.00
GoodwillAndOtherIntangibleAssets45.93M49.97M54.07M52.28M
OtherIntangibleAssets32.45M36.48M40.59M38.80M
Goodwill13.48M13.48M13.48M13.48M
NetPPE2.93M3.67M1.90M2.11M
AccumulatedDepreciation-64.00K-58.00K-167.00K-127.00K
GrossPPE3.00M3.72M2.07M2.23M
Leases50.00K50.00K55.00K48.00K
ConstructionInProgress689.00K689.00K689.00K689.00K
OtherProperties2.23M2.94M1.13M1.30M
MachineryFurnitureEquipment33.00K41.00K195.00K195.00K
Properties0.000.000.000.00
CurrentAssets41.55M46.78M29.61M23.00M
OtherCurrentAssets9.40M4.05M4.81M1.83M
PrepaidAssets1.83M
Inventory2.44M4.21M1.38M2.56M
Receivables26.44M34.60M21.24M14.27M
AccountsReceivable26.44M34.60M21.24M14.27M
CashCashEquivalentsAndShortTermInvestments3.27M3.92M2.18M4.34M
CashAndCashEquivalents3.27M3.92M2.18M4.34M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow18.75M-21.04M-23.32M-28.66M
RepurchaseOfCapitalStock0.00-10.00M0.000.00
RepaymentOfDebt-184.65M-109.63M-103.61M-82.22M
IssuanceOfDebt120.44M110.35M72.36M62.53M
IssuanceOfCapitalStock44.64M35.46M0.000.00
CapitalExpenditure-600.00K-330.00K-2.07M
InterestPaidSupplementalData1.56M1.43M0.000.00
EndCashPosition3.27M4.73M2.18M4.34M
BeginningCashPosition4.73M2.18M4.34M4.84M
ChangesInCash-1.46M2.54M-2.15M-501.00K
FinancingCashFlow-18.13M23.58M21.17M28.16M
CashFlowFromContinuingFinancingActivities-18.13M23.58M21.17M28.16M
NetOtherFinancingCharges-371.00K-3.74M52.33M47.85M
ProceedsFromStockOptionExercised1.81M1.14M96.00K0.00
NetCommonStockIssuance44.64M25.46M0.000.00
CommonStockPayments0.00-10.00M0.000.00
CommonStockIssuance44.64M35.46M0.000.00
NetIssuancePaymentsOfDebt-64.21M728.00K-31.25M-19.69M
NetShortTermDebtIssuance24.00M0.000.00
ShortTermDebtPayments-84.63M0.000.00
ShortTermDebtIssuance24.00M0.000.00
NetLongTermDebtIssuance-64.21M728.00K-31.25M-19.69M
LongTermDebtPayments-184.65M-109.63M-103.61M-82.22M
LongTermDebtIssuance120.44M110.35M72.36M62.53M
InvestingCashFlow-2.67M-330.00K-2.07M0.00
CashFlowFromContinuingInvestingActivities-2.67M-330.00K-2.07M0.00
NetInvestmentPurchaseAndSale-2.08M0.00
PurchaseOfInvestment-2.08M0.00
NetBusinessPurchaseAndSale0.00
PurchaseOfBusiness0.00
NetIntangiblesPurchaseAndSale-600.00K-300.00K-2.06M0.00
PurchaseOfIntangibles-600.00K-300.00K-2.06M0.00
NetPPEPurchaseAndSale0.00-30.00K-7.00K0.00
PurchaseOfPPE0.00-30.00K-7.00K0.00
OperatingCashFlow19.35M-20.71M-21.26M-28.66M
CashFlowFromContinuingOperatingActivities19.35M-20.71M-21.26M-28.66M
ChangeInWorkingCapital64.84M65.80M45.67M13.60M
ChangeInOtherCurrentLiabilities-782.00K-695.00K-229.00K-80.00K
ChangeInOtherCurrentAssets-30.00K855.00K350.00K0.00
ChangeInPayablesAndAccruedExpense70.94M82.28M53.96M14.76M
ChangeInAccruedExpense63.52M62.40M21.03M388.00K
ChangeInPayable7.42M19.88M32.93M14.37M
ChangeInAccountPayable7.42M19.88M2.81M-3.84M
ChangeInPrepaidAssets-479.00K-441.00K-2.63M1.48M
ChangeInInventory1.46M-2.84M1.18M-1.42M
ChangeInReceivables-6.27M-13.36M-6.97M-1.14M
ChangesInAccountReceivables-6.27M-13.36M-6.97M-1.14M
OtherNonCashItems6.48M8.57M-17.56M23.79M
StockBasedCompensation15.69M14.60M5.28M5.82M
ProvisionandWriteOffofAssets18.48M0.00
DepreciationAmortizationDepletion4.05M4.15M3.96M3.78M
DepreciationAndAmortization4.05M4.15M3.96M3.78M
OperatingGainsLosses-17.38M512.00K-35.25M12.76M
GainLossOnInvestmentSecurities-17.38M512.00K-6.61M300.00K
NetIncomeFromContinuingOperations-72.81M-114.33M-23.36M-88.42M
SEC Filings

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

Public Trades for SCLX
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