Private company
IntelGenx Technologies Corp.
American pharmaceutical preparations company based in Saint-Laurent2
In its 2024 annual report the company says: “We are a drug delivery company established in 2003 and headquartered in Montreal, Quebec, Canada. Our focus is on the contract development and manufacturing of novel oral thin film products for the pharmaceutical market.”4
Last updated Oct 20, 2026.
Overview
- IndustryPharmaceutical Preparations2
- HeadquartersSaint-Laurent, QC, Canada2
- Incorporated inDE3
- Business address6420 Abrams, Saint Laurent, A8 H4S 1Y23
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI529900C9QY5ZG63VBO412
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 30750712
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Our predecessor company, Big Flash Corp., was incorporated in Delaware on July 27, 1999. On April 28, 2006, Big Flash Corp., through its Canadian holding corporation, completed the acquisition of IntelGenx Corp., a Canadian company incorporated on June 15, 2003. The Company did not have any operations prior to the acquisition of IntelGenx Corp. In connection with the acquisition, we changed our name from Big Flash Corp. to IntelGenx Technologies Corp. IntelGenx Corp. has continued operations as our operating subsidiary.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Research and development34¢$3.3M
- Selling, general and admin49¢$4.8M
- Interest17¢$1.6M
Out of $1.0M in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.2M6 | $1.8M7 | $742.0K8 | $1.5M9 | $1.5M10 | $950.0K5 | $1.0M5 |
| Cost of revenue | $373.0K6 | ||||||
| Research and development | $2.6M6 | $5.1M7 | $3.8M8 | $2.6M9 | $2.7M10 | $3.0M5 | $3.3M5 |
| Selling, general and admin | $4.0M6 | $5.0M7 | $5.8M8 | $3.0M9 | $3.8M10 | $4.7M5 | $4.8M5 |
| Operating expenses | $9.5M10 | $10.4M5 | $10.5M5 | ||||
| Operating income | -$2.5M6 | -$9.0M7 | -$9.6M8 | -$6.3M9 | -$8.0M10 | -$9.4M5 | -$9.5M5 |
| Interest | $569.0K6 | $1.1M7 | $1.2M8 | $1.2M9 | $1.5M10 | $1.3M5 | $1.6M5 |
| Income before tax | -$9.3M10 | -$10.7M5 | -$9.9M5 | ||||
| Income tax | $06 | $07 | $08 | $09 | $010 | $05 | $05 |
| Net income | -$3.1M6 | -$10.1M7 | -$10.7M8 | -$7.0M9 | -$9.3M10 | -$10.7M5 | -$9.9M5 |
| Earnings per share | -$0.0710 | -$0.075 | -$0.065 | ||||
| Earnings per share (diluted) | -$0.0710 | -$0.075 | -$0.065 | ||||
| Shares (weighted, basic) | 137.0M shares10 | 164.7M shares5 | 174.7M shares5 | ||||
| Shares (weighted, diluted) | 137.0M shares10 | 164.7M shares5 | 174.7M shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $1.6M14 | $11.0M6 | $1.9M7 | $2.2M8 | $3.9M5 | $1.2M5 | $2.3M5 |
| Receivables | $680.0K10 | $709.0K5 | $622.0K5 | ||||
| Inventory | $62.0K10 | $62.0K5 | $71.0K5 | ||||
| Current assets | $6.0M6 | $13.1M7 | $3.2M8 | $4.3M9 | $11.4M10 | $3.8M5 | $3.4M5 |
| Property, plant and equipment | $5.2M10 | $4.4M5 | $4.0M5 | ||||
| Total assets | $13.1M6 | $20.0M7 | $11.0M8 | $11.1M9 | $17.9M10 | $9.2M5 | $8.3M5 |
| Short-term debt | $010 | $010 | |||||
| Current liabilities | $2.1M6 | $2.7M7 | $8.4M8 | $4.4M9 | $7.0M10 | $2.4M5 | $8.4M5 |
| Long-term debt | $2.0M6 | $1.1M7 | $470.0K8 | $171.0K9 | $2.5M10 | $5.5M10 | |
| Total liabilities | $9.3M6 | $10.0M7 | $10.7M8 | $12.1M9 | $14.0M10 | $12.6M5 | $20.5M5 |
| Retained earnings | -$57.9M10 | -$68.5M5 | -$78.5M5 | ||||
| Shareholders’ equity | $3.8M7 | $10.0M8 | $293.0K9 | -$953.0K10 | $3.9M5 | -$3.4M5 | -$12.2M5 |
| Shares outstanding | 67.0M shares6 | 93.5M shares7 | 93.9M shares8 | 111.9M shares8 | 154.6M shares10 | 174.6M shares5 | 174.7M shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$4.4M6 | -$8.5M7 | -$8.2M8 | -$5.8M9 | -$7.2M10 | -$9.5M5 | -$6.5M5 |
| Stock-based compensation | $107.0K10 | $113.0K5 | $389.0K5 | ||||
| Capital spending | $973.0K6 | $1.1M7 | $525.0K8 | $120.0K9 | $108.0K10 | $271.0K5 | $180.0K5 |
| Free cash flow | -$5.4M | -$9.6M | -$8.7M | -$5.9M | -$7.3M | -$9.8M | -$6.7M |
| Cash from investing | -$5.1M10 | $3.5M5 | $1.2M5 | ||||
| Cash from financing | $15.5M10 | $3.0M5 | $6.8M5 |
What it owns
What IntelGenx Technologies Corp. 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 |
|---|---|---|---|
| Property and equipment, before depreciation | $9.9M5 Dec 31, 2023 | $9.5M10 Dec 31, 2022 | +4.1% |
| Accumulated depreciation | $6.0M5 Dec 31, 2023 | $5.1M10 Dec 31, 2022 | +16.8% |
| Property and equipment, net | $4.0M5 Dec 31, 2023 | $4.4M5 Dec 31, 2022 | −10.6% |
| Operating-lease assets (leased space) | $633.0K5 Dec 31, 2023 | $732.0K5 Dec 31, 2022 | −13.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Marketable securities, current | $05 Dec 31, 2023 | $1.3M5 Dec 31, 2022 | −100.0% |
Inventory
Leadership
Who has led IntelGenx Technologies Corp., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerDwight Gorham Apr 20, 2023 to Jan 31, 202415
- Chief executive officerRajiv Khosla Jan 9, 2014 to Jan 9, 201416
- Chief executive officerHorst G. Zerbe Dec 13, 2006 to Jan 31, 202317
- PresidentAndre Godin Aug 23, 2019 to Jan 31, 202418
- PresidentRajiv Khosla Jan 9, 2014 to Jan 9, 201416
- PresidentHorst G. Zerbe Dec 13, 2006 to Dec 26, 201817
- Chief financial officerAndre Godin Jul 29, 2015 to Jan 31, 202419
- Chief financial officerPaul Anthony Simmons Sep 17, 2008 to Dec 8, 201420
- Chief financial officerIorio Gino Di Aug 22, 2007 to Aug 22, 200721
- Chief financial officerJoel Charles Cohen Dec 13, 2006 to Dec 13, 200622
- Chief operating officerRajiv Khosla Apr 26, 2013 to Apr 26, 201323
Board members and other officers (23)
- VP, Quality Ops of SubsidiaryZenoz Nina Pourhassan Jan 10, 2024 to Jan 31, 202424
- SVP, Corp. Dev&SA - SubsidiaryDavid Kideckel Apr 19, 2023 to Apr 19, 202325
- VP, Finance&Admin - SubsidiaryKaren Kalayajian Apr 19, 2023 to Jan 31, 202426
- VP IP,Lgl Affairs - SubsidiaryTommy Kenny Jan 19, 2021 to Jan 31, 202427
- Vice President, OperationsRodolphe Obeid Feb 19, 2019 to Nov 24, 202028
- VP Research + DevelopmentNadine Paiement Jan 28, 2016 to Jan 31, 202429
- VP Corporate DevelopmentRobert J. Bechard Jan 28, 2016 to Jan 28, 201630
- VP Business+Corp. DevelopmentDana Matzen Sep 21, 2016 to Jan 31, 202331
- Vice President ManufacturingJohn Edward Durham Apr 10, 2015 to Oct 11, 201632
- SecretaryIngrid Zerbe Dec 13, 2006 to Jan 31, 202333
- Board memberMark Nawacki Sep 21, 2016 to Jan 31, 202434
- Board memberClemens Mayr Aug 19, 2015 to Jan 31, 202435
- Board memberPaul Anthony Simmons Dec 2, 2011 to Dec 2, 201136
- Board memberRajiv Khosla Dec 13, 2011 to Dec 13, 201137
- Board memberJohn Marinucci Aug 17, 2010 to Jan 19, 201738
- Board memberThomas Kissel Aug 25, 2010 to Aug 25, 201039
- Board memberBernd Josef Melchers Dec 3, 2009 to Jan 31, 202440
- Board memberJohn Archibald Troup Oct 22, 2008 to Jan 19, 201741
- Board memberBernard Boudreau Dec 13, 2006 to Apr 6, 202142
- Board memberDavid Coffin-Beach Dec 13, 2006 to May 30, 200843
- Board memberHorst G. Zerbe Dec 13, 2006 to Jan 31, 202417
- Board memberJoel Charles Cohen Dec 13, 2006 to Jul 2, 200922
- Board memberRayman Reiza Dec 13, 2006 to Aug 17, 200744
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
- BIG FLASH CORPNov 16, 1999 to Aug 15, 20063
Timeline
- Feb 28, 20258-K Bankruptcy or receivership; Debt or obligation accelerated46
- Oct 7, 20248-K Completed an acquisition or sale; Executive or director change47
- Jul 23, 20248-K Other events48
- Jun 7, 20248-K Other events49
- May 21, 20248-K Executive or director change; Regulation FD disclosure50
- May 8, 20248-K Shareholder vote51
- Mar 25, 20248-K Entered a material agreement; New debt or obligation; Unregistered sale of shares52
- Feb 20, 20248-K Entered a material agreement53
- Feb 14, 20248-K Change to shareholders' rights; Bylaws or fiscal year changed54
- Dec 4, 20238-K Executive or director change55
- Nov 28, 20238-K Bylaws or fiscal year changed; Shareholder vote56
- Oct 12, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares57
- Apr 20, 2023New chief executive Dwight Gorham becomes CEO15
- Jan 9, 2014New chief executive Rajiv Khosla becomes CEO16
- Dec 13, 2006New chief executive Horst G. Zerbe becomes CEO17
Filings
118 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 24 major events, 35 insider forms, 3 large holders, 1 private raises, 44 other. The latest 20:
- Feb 28, 20258-K EDGAR
- Oct 7, 20248-K EDGAR
- Aug 14, 2024NT 10-Q EDGAR
- Jul 23, 20248-K EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 12, 2024EFFECT EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
- Jul 8, 2024S-8 POS EDGAR
The 118 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.
Insider trades
10 open-market trades by officers, directors and large owners since October 2021: 10 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 30, 2022 | Zerbe Horst GDirector | Buy | 19,000 | $0.12 | $2.3K | Form 4 |
| Sep 29, 2022 | Godin AndrePresident and CFO | Buy | 5,000 | $0.12 | $600 | Form 4 |
| Sep 28, 2022 | Godin AndrePresident and CFO | Buy | 9,000 | $0.14 | $1.3K | Form 4 |
| Sep 27, 2022 | Godin AndrePresident and CFO | Buy | 1,000 | $0.13 | $130 | Form 4 |
| Sep 26, 2022 | Kenny TommySVP IP Legal Affairs Subsid | Buy | 19,000 | $0.14 | $2.7K | Form 4 |
| Sep 23, 2022 | Kenny TommySVP IP Legal Affairs Subsid | Buy | 8,000 | $0.15 | $1.2K | Form 4 |
| Sep 22, 2022 | Kenny TommySVP IP Legal Affairs Subsid | Buy | 25,500 | $0.15 | $3.8K | Form 4 |
| Sep 21, 2022 | Godin AndrePresident and CFO | Buy | 20,000 | $0.13 | $2.6K | Form 4 |
| Sep 21, 2022 | Matzen DanaVP Business & Corp. Dev | Buy | 25,000 | $0.14 | $3.5K | Form 4 |
| Mar 30, 2022 | Matzen DanaVP Business & Corp. Dev | Buy | 25,000 | $0.27 | $6.8K | Form 4 |
From Forms 4 filed with the SEC.
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.
3 such filings since October 2021:
Money raised
Private offerings the company reported to the SEC on Form D.
- Mar 21, 2023Raised $763,000 in a private offering of debt Form D: $2 million offered in all Form D
SEC filer profile
How IntelGenx Technologies Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARIntelGenx Technologies Corp.1
- CIK0001098880
- Employer ID (EIN)87-06383361
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address6420 Abrams, Saint Laurent, A8 H4S 1Y21
- Phone514-331-74401
- Shares outstanding174,658,096 as of May 14, 202413
- Public float$24.0M as of Jun 30, 20235
- On EDGAR sinceNov 16, 19991
- Filings808 in all: 8-K (206), 4 (161), 424B3 (57), 10-Q (49), 3 (30), CORRESP (25), EFFECT (25), 10QSB (22)1
All 53 form types
UPLOAD (22), DEF 14A (20), POS AM (18), SC 13G (18), 10-K (16), S-1/A (15), S-1 (9), 10KSB (8), NT 10-Q (8), S-8 (8), S-8 POS (8), CT ORDER (6), SB-2/A (6), SC 13G/A (6), D (5), 8-K/A (4), DEFA14A (4), PRE 14A (4), SB-2 (4), SC 13D (4), 10-K/A (3), 144 (3), SC 13D/A (3), 10-Q/A (2), 253G2 (2), 4/A (2), 424B4 (2), 424B5 (2), D/A (2), FWP (2), NT 10-K (2), QUALIF (2), 1-A (1), 1-A POS (1), 1-A-W (1), 1-A/A (1), 10SB12G (1), 10SB12G/A (1), ARS (1), DEF 14C (1), PRE 14C (1), PRER14A (1), REGDEX (1), S-3 (1), S-3/A (1)
- Latest filingsAnnual report (10-K) Mar 21, 2024
Quarterly report (10-Q) May 15, 2024
Proxy statement (DEF 14A) Mar 21, 2024
Latest 8-K (8-K) Feb 28, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARAndre Godin, President
- 19SEC EDGARAndre Godin, Chief financial officer
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- 33SEC EDGARIngrid Zerbe, Secretary
- 34SEC EDGARMark Nawacki, Board member
- 35SEC EDGARClemens Mayr, Board member
- 36SEC EDGARPaul Anthony Simmons, Board member
- 37SEC EDGARRajiv Khosla, Board member
- 38SEC EDGARJohn Marinucci, Board member
- 39SEC EDGARThomas Kissel, Board member
- 40SEC EDGARBernd Josef Melchers, Board member
- 41SEC EDGARJohn Archibald Troup, Board member
- 42SEC EDGARBernard Boudreau, Board member
- 43SEC EDGARDavid Coffin-Beach, Board member
- 44SEC EDGARRayman Reiza, Board member
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- 48SEC EDGAROther events
- 49SEC EDGAROther events
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- 51SEC EDGARShareholder vote
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- 53SEC EDGAREntered a material agreement
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- 55SEC EDGARExecutive or director change
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