EOCN on Nasdaq
Galmed Pharmaceuticals Ltd.
Galmed Pharmaceuticals Ltd. is a pharmaceutical preparations company, listed on Nasdaq (EOCN).1
Price unavailable
Last updated Oct 20, 2026.
Overview
Compare with Magenta Therapeutics, Cocrystal Pharma, Inc. or Korsana Biosciences, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Research and development expenses | $4.9M | $3.0M | $3.6M |
| General and administrative expenses | $3.6M | $3.3M | $3.9M |
| Total operating loss | $8.5M | $6.3M | $7.5M |
| Financial income, net | -$741.0K | -$516.0K | -$580.0K |
| Financial expenses related to SEPA | $79.0K | $610.0K | |
| Impairment on associate and associated loan | $2.5M | $1.1M | |
| Net loss | $10.3M | $7.5M | $6.9M |
| Basic, net loss per share | $2.39 | $8.08 | $30.00 |
| Diluted, net loss per share | $2.39 | $8.08 | $30.00 |
| Weighted average number of shares outstanding used in computing net loss per share, basic | 4.3M shares | 930.8K shares | 230.8K shares |
| Weighted average number of shares outstanding used in computing net loss per share, diluted | 4.3M shares | 930.8K shares | 230.8K shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $4.0M | $4.7M | ||
| Restricted cash | $124.0K | $121.0K | ||
| Short-term deposits | $7.1M | $3.5M | ||
| Marketable debt securities | $7.0M | $7.2M | ||
| Other receivables | $347.0K | $672.0K | ||
| Total current assets | $18.6M | $16.1M | ||
| Investment in associate at fair value | $2.1M | |||
| Loan to associate | $257.0K | |||
| Total non-current assets | $2.4M | |||
| Total assets | $18.6M | $18.5M | ||
| Trade payables | $2.0M | $1.3M | ||
| Other payables | $842.0K | $865.0K | ||
| Total current liabilities | $2.8M | $2.2M | ||
| Ordinary shares, par value NIS 1.80 per share; Authorized 900,000,000 shares; Issued and outstanding: 6,581,390 and 1,664,884 shares as of December 31, 2025 and December 31, 2024, respectively | $3.4M | $742.0K | ||
| Additional paid-in capital | $223.5M | $216.5M | ||
| Accumulated other comprehensive loss | -$303.0K | -$416.0K | ||
| Accumulated deficit | -$210.8M | -$200.5M | ||
| Total stockholders equity | $15.8M | $16.3M | $13.9M | $13.4M |
| Total liabilities and stockholders equity | $18.6M | $18.5M | ||
| Ordinary shares, par value | 1.80 ILS | 1.80 ILS | ||
| Ordinary shares, authorized | 900.0M shares | 900.0M shares | ||
| Ordinary shares, issued | 6.6M shares | 1.7M shares | ||
| Ordinary shares, outstanding | 6.6M shares | 1.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $4.0M | $4.7M | ||
| Restricted cash | $124.0K | $121.0K | ||
| Short-term deposits | $7.1M | $3.5M | ||
| Marketable debt securities | $7.0M | $7.2M | ||
| Other receivables | $347.0K | $672.0K | ||
| Total current assets | $18.6M | $16.1M | ||
| Investment in associate at fair value | $2.1M | |||
| Loan to associate | $257.0K | |||
| Total non-current assets | $2.4M | |||
| Total assets | $18.6M | $18.5M | ||
| Trade payables | $2.0M | $1.3M | ||
| Other payables | $842.0K | $865.0K | ||
| Total current liabilities | $2.8M | $2.2M | ||
| Ordinary shares, par value NIS 1.80 per share; Authorized 900,000,000 shares; Issued and outstanding: 6,581,390 and 1,664,884 shares as of December 31, 2025 and December 31, 2024, respectively | $3.4M | $742.0K | ||
| Additional paid-in capital | $223.5M | $216.5M | ||
| Accumulated other comprehensive loss | -$303.0K | -$416.0K | ||
| Accumulated deficit | -$210.8M | -$200.5M | ||
| Total stockholders equity | $15.8M | $16.3M | $13.9M | $13.4M |
| Total liabilities and stockholders equity | $18.6M | $18.5M | ||
| Ordinary shares, par value | 1.80 ILS | 1.80 ILS | ||
| Ordinary shares, authorized | 900.0M shares | 900.0M shares | ||
| Ordinary shares, issued | 6.6M shares | 1.7M shares | ||
| Ordinary shares, outstanding | 6.6M shares | 1.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$10.3M | -$7.5M | -$6.9M |
| Depreciation | $83.0K | $31.0K | |
| Amortization of discount (premium) on marketable debt securities | $15.0K | -$17.0K | $19.0K |
| Loss on sale of marketable debt securities | $81.0K | $12.0K | $13.0K |
| Interest income and translation differences from short-term deposits | -$100.0K | $7.0K | -$53.0K |
| Financial expenses related to SEPA | $79.0K | $610.0K | |
| Finance expenses | $1.0K | $6.0K | |
| Interest income from loan to associate | -$7.0K | ||
| Stock-based compensation expense | $546.0K | $531.0K | $892.0K |
| Impairment of Associate and associated loan | $2.5M | $1.1M | |
| Change in fair value convertible note | -$265.0K | ||
| Decrease (increase) in other receivables | $240.0K | -$192.0K | $345.0K |
| Increase (decrease) in trade payables | $695.0K | -$571.0K | -$681.0K |
| Increase (decrease) in other payables | -$23.0K | $35.0K | $468.0K |
| Net cash used in operating activities | -$6.3M | -$5.9M | -$6.1M |
| Investment in marketable debt securities, | -$1.4M | -$5.1M | -$4.1M |
| Loan to associate | -$250.0K | ||
| Investment in Associate | -$1.5M | ||
| Proceeds from sale of marketable debt securities | $1.6M | $5.5M | $8.6M |
| Investment in short-term deposits, net | -$3.5M | -$1.2M | -$2.2M |
| Net cash provided by (used in) investing activities | -$3.4M | -$1.1M | $800.0K |
| Proceeds from issuance of ordinary shares in relation to SEPA | $1.4M | $4.4M | |
| Proceeds from issuance of ordinary shares in relation to ATM | $7.7M | ||
| Proceeds from issuance of ordinary shares, pre-funded warrants, and warrants net of issuance costs | $4.4M | $6.2M | |
| Net cash provided by financing activities | $9.0M | $8.8M | $6.2M |
| Increase (decrease) in cash, cash equivalents and restricted cash | -$664.0K | $1.8M | $848.0K |
| Cash received from interest | $914.0K | $503.0K | $376.0K |
| Conversion of convertible note into investment in associate | $1.8M |
No quarter-by-quarter statement was filed.
Corporate structure
Galmed Pharmaceuticals Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Galmed Pharmaceuticals Ltd.
- CVI Investments, Inc. Filed SCHEDULE 13G/A on Galmed Pharmaceuticals Ltd., latest Nov 7, 2025 (5 filings since Jul 21, 2023)
- Allen Baharaff Filed SCHEDULE 13G/A on Galmed Pharmaceuticals Ltd., latest Feb 18, 2025 (4 filings since Feb 11, 2022)
- Masaya Otsuka Filed SC 13G/A on Galmed Pharmaceuticals Ltd., latest Sep 20, 2024 (2 filings since Sep 20, 2024)
- BIOTECHNOLOGY VALUE FUND L P Filed SC 13G/A on Galmed Pharmaceuticals Ltd., latest Feb 14, 2024 (2 filings since Feb 14, 2023)
- Nantahala Capital Management, LLC Filed SC 13G/A on Galmed Pharmaceuticals Ltd., latest Feb 14, 2022
- IBEX INVESTORS LLC Filed SC 13G/A on Galmed Pharmaceuticals Ltd., latest Jan 27, 2022
- Galmed Pharmaceuticals Ltd. L3
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Galmed Pharmaceuticals Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $737.0K9 Dec 31, 2024 | $737.0K9 Dec 31, 2023 | 0% |
| Furniture and fixtures | $55.0K9 Dec 31, 2024 | $55.0K9 Dec 31, 2023 | 0% |
| Computer equipment and software | $75.0K9 Dec 31, 2024 | $75.0K9 Dec 31, 2023 | 0% |
| Leasehold improvements | $236.0K9 Dec 31, 2024 | $235.0K9 Dec 31, 2023 | +0.4% |
| Property and equipment, before depreciation | $1.1M9 Dec 31, 2024 | $1.1M9 Dec 31, 2023 | +0.1% |
| Accumulated depreciation | $1.1M9 Dec 31, 2024 | $1.0M9 Dec 31, 2023 | +8.2% |
Real estate and locations
Investments
Leadership
Who has led Galmed Pharmaceuticals Ltd., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerAllen Baharaff Mar 18, 2026 to now10
- Chief operating officerGuy Nehemya Mar 18, 2026 to now11
Board members and other officers (7)
- Chief Scientific OfficerBrueck Liat Nissimov Mar 18, 2026 to now12
- Chief Accounting OfficerYohai Stenzler Mar 18, 2026 to now13
- Board memberAllen Baharaff Mar 18, 2026 to now10
- Board memberAmir Poshinski Mar 18, 2026 to now14
- Board memberCarol L. Brosgart Mar 18, 2026 to now15
- Board memberDavid Sidransky Mar 18, 2026 to now16
- Board memberShmuel Nir Mar 18, 2026 to now17
Timeline
- Mar 18, 2026New chief executive Allen Baharaff becomes CEO10
Calendar
Coming up
- Nov 25, 2026Reports results for the quarter ending Sep/202618
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
183 filings to the SEC since October 2021: 5 annual reports, 9 insider forms, 15 large holders, 154 other. The latest 20:
- Sep 9, 20266-K EDGAR
- Sep 8, 20266-K EDGAR
- Sep 3, 2026EFFECT EDGAR
- Sep 3, 20266-K EDGAR
- Sep 2, 2026POS AM EDGAR
- Sep 2, 20266-K EDGAR
- Sep 2, 20266-K EDGAR
- Aug 19, 20266-K/A EDGAR
- Aug 19, 20266-K EDGAR
- Aug 17, 20266-K EDGAR
- Aug 14, 20266-K EDGAR
- Jul 31, 20266-K EDGAR
- Jul 29, 20266-K EDGAR
- Jul 28, 20266-K EDGAR
- Jul 22, 20266-K EDGAR
- Jul 16, 20266-K EDGAR
- Jul 8, 20266-K EDGAR
- Jun 22, 2026424B3 EDGAR
- Jun 22, 20266-K EDGAR
- Jun 8, 2026POS EX EDGAR
The 183 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- CVI Investments, Inc.SCHEDULE 13G/A, 5 filings Jul 21, 2023 to Nov 7, 202519
- Allen BaharaffSCHEDULE 13G/A, 4 filings Feb 11, 2022 to Feb 18, 202520
- Masaya OtsukaSC 13G/A, 2 filings Sep 20, 202421
- BIOTECHNOLOGY VALUE FUND L PSC 13G/A, 2 filings Feb 14, 2023 to Feb 14, 202422
- Nantahala Capital Management, LLCSC 13G/A, 1 filing Feb 14, 202223
- IBEX INVESTORS LLCSC 13G/A, 1 filing Jan 27, 202224
SEC filer profile
How Galmed Pharmaceuticals Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGalmed Pharmaceuticals Ltd.1
- CIK0001595353
- Employer ID (EIN)98-11472331
- Filer statusNon-accelerated filer not an emerging growth company; a shell company25
- Incorporated inIsrael25
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business addressC/O Meitar Law Offices, 16 Abba Hillel Silver Rd., Ramat Gan, L3 52506081
- Phone972369384481
- Shares outstanding6,581,390 shares as of Dec 31, 202525
- AuditorBrightman Almagor Zohar & Co., Tel Aviv, Israel PCAOB ID 1197; no auditor attestation of internal control over financial reporting25
- On EDGAR sinceDec 31, 20131
- Filings381 in all: 6-K (225), SC 13G/A (25), EFFECT (15), CORRESP (13), 20-F (12), 424B5 (10), UPLOAD (10), 3 (9)1
All 30 form types
SC 13G (8), POS AM (7), 424B3 (5), F-1 (5), F-1/A (5), F-3 (4), S-8 (4), 20-F/A (3), 6-K/A (3), SCHEDULE 13G/A (3), 424B4 (2), FWP (2), POS EX (2), 424A (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), D (1), DRS (1), DRSLTR (1), F-1MEF (1), S-8 POS (1)
- Latest filingsAnnual report (20-F) Mar 31, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary shares, par value NIS 1.80 per share | GLMD | Nasdaq |
From the cover page of the 20-F filed Mar 31, 2026 (Section 12(b) of the Exchange Act).25
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARGuy Nehemya, Chief operating officer
- 12
- 13
- 14SEC EDGARAmir Poshinski, Board member
- 15SEC EDGARCarol L. Brosgart, Board member
- 16SEC EDGARDavid Sidransky, Board member
- 17SEC EDGARShmuel Nir, Board member
- 18NasdaqNasdaq calendar
- 19
- 20
- 21
- 22
- 23
- 24
- 25