Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Oncology Treatments, Targeted Therapies, Show more.

Weak multi-year price returns
2Y Excs Rtn is -95%, 3Y Excs Rtn is -128%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -33 Mil

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is null, Rev Chg QQuarterly Revenue Change % is null

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -36%

High stock price volatility
Vol 12M is 120%

Key risks
NTHI key risks include [1] poor financial health with a high risk of bankruptcy, Show more.

0 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Oncology Treatments, Targeted Therapies, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -95%, 3Y Excs Rtn is -128%
2 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -33 Mil
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is null, Rev Chg QQuarterly Revenue Change % is null
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -36%
6 High stock price volatility
Vol 12M is 120%
7 Key risks
NTHI key risks include [1] poor financial health with a high risk of bankruptcy, Show more.

NTHI in ETFs

Weight = NTHI's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/16/2026

NeOnc Technologies (NTHI) stock has lost about 50% since 2/28/2026 because of the following key factors:

1. Limited Cash Runway and Ongoing Need for Funding.

As of the end of fiscal Q1 2026 (March 31, 2026), NeOnc Technologies reported cash and cash equivalents of $138,601. While a $10 million PIPE financing commitment from Cinctive Capital and a $10 million undrawn line of credit were secured, these funds are projected to sustain operations only into September 2026, raising continuous concerns about the company's financial sustainability and the necessity for further capital infusions in the near future.

2. Dilution Risk from Equity Offerings.

The company's recent actions, including a Securities Purchase Agreement on June 15, 2026, for up to $5 million through the issuance of Series A Convertible Preferred Stock, and a filing on the same day for a potential offering of up to 555,554 shares by selling stockholders, contribute to significant dilution risks for existing common shareholders.

Show more
Updated on 6/16/2026

NeOnc Technologies (NTHI) stock has lost about 50% since 2/28/2026 because of the following key factors:

1. Limited Cash Runway and Ongoing Need for Funding.

As of the end of fiscal Q1 2026 (March 31, 2026), NeOnc Technologies reported cash and cash equivalents of $138,601. While a $10 million PIPE financing commitment from Cinctive Capital and a $10 million undrawn line of credit were secured, these funds are projected to sustain operations only into September 2026, raising continuous concerns about the company's financial sustainability and the necessity for further capital infusions in the near future.

2. Dilution Risk from Equity Offerings.

The company's recent actions, including a Securities Purchase Agreement on June 15, 2026, for up to $5 million through the issuance of Series A Convertible Preferred Stock, and a filing on the same day for a potential offering of up to 555,554 shares by selling stockholders, contribute to significant dilution risks for existing common shareholders.

3. Persistent Operating Losses Despite Year-over-Year Improvement.

For fiscal Q1 2026, which ended March 31, 2026, NeOnc reported a net loss of $8.8 million, an improvement from $32.3 million in fiscal Q1 2025. However, as a pre-revenue clinical-stage company, NTHI continues to incur substantial operating losses, with a reported EPS of -$0.35, missing the consensus estimate of -$0.2244 by 55.97% in fiscal Q1 2026. This ongoing lack of profitability and the significant R&D expenditures without corresponding revenue generation weigh on investor confidence.

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Stock Movement Drivers

Fundamental Drivers

The -48.4% change in NTHI stock from 2/28/2026 to 6/21/2026 was primarily driven by a null change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266212026Change
Stock Price ($)10.225.27-48.4%
Change Contribution By: 
Total Revenues ($ Mil)00 
P/S Multiple3,272.99.2233720368547763E17%
Shares Outstanding (Mil)1923-17.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/21/2026
ReturnCorrelation
NTHI-48.4% 
Market (SPY)9.2%8.2%
Sector (XLV)-6.4%13.7%

Fundamental Drivers

The -41.1% change in NTHI stock from 11/30/2025 to 6/21/2026 was primarily driven by a null change in the company's Total Revenues ($ Mil).
(LTM values as of)113020256212026Change
Stock Price ($)8.955.27-41.1%
Change Contribution By: 
Total Revenues ($ Mil)00 
P/S Multiple2,866.29.2233720368547763E17%
Shares Outstanding (Mil)1923-17.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/21/2026
ReturnCorrelation
NTHI-41.1% 
Market (SPY)9.9%14.7%
Sector (XLV)-4.4%9.8%

Fundamental Drivers

The -27.2% change in NTHI stock from 5/31/2025 to 6/21/2026 was primarily driven by a null change in the company's Total Revenues ($ Mil).
(LTM values as of)53120256212026Change
Stock Price ($)7.245.27-27.2%
Change Contribution By: 
Total Revenues ($ Mil)00 
P/S Multiple2,154.39.2233720368547763E17%
Shares Outstanding (Mil)1923-19.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/21/2026
ReturnCorrelation
NTHI-27.2% 
Market (SPY)28.1%20.2%
Sector (XLV)14.6%6.2%

Fundamental Drivers

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Market Drivers

5/31/2023 to 6/21/2026
ReturnCorrelation
NTHI  
Market (SPY)85.7%-2.4%
Sector (XLV)22.9%-4.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
NTHI Return-----32%-42%-60%
Peers Return-17%-22%-36%-5%-29%58%-56%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
NTHI Win Rate----60%67% 
Peers Win Rate38%43%42%43%47%53% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
NTHI Max Drawdown------62% 
Peers Max Drawdown-62%-56%-72%-53%-60%-43% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NVCR, DNLI, CLDX, IBRX, PSTV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

NTHI has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2025 US Tariff Shock
  % Loss-11.7%-18.8%
  % Gain to Breakeven13.3%23.1%
  Time to Breakeven142 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-13.8%-24.5%
  % Gain to Breakeven15.9%32.4%
  Time to Breakeven166 days427 days
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-15.0%-19.2%
  % Gain to Breakeven17.6%23.8%
  Time to Breakeven191 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-15.9%-12.2%
  % Gain to Breakeven18.9%13.9%
  Time to Breakeven165 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.8%-17.9%
  % Gain to Breakeven18.8%21.8%
  Time to Breakeven153 days123 days

Compare to NVCR, DNLI, CLDX, IBRX, PSTV

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

NTHI has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
2008-2009 Global Financial Crisis
  % Loss-37.9%-53.4%
  % Gain to Breakeven61.1%114.4%
  Time to Breakeven767 days1085 days

Compare to NVCR, DNLI, CLDX, IBRX, PSTV

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About NeOnc Technologies (NTHI)

NeOnc Technologies (NTHI) is a clinical-stage biopharmaceutical company focused on developing novel drugs and drug delivery methods to treat aggressive cancers located in the brain, known as intracranial malignancies. The company aims to overcome the significant challenge of the blood-brain barrier, which typically prevents most therapeutic agents from effectively reaching brain tumors. NeOnc targets both primary brain cancers, such as glioblastoma, and secondary brain cancers that have metastasized from other parts of the body, including melanoma, breast, and lung cancers.

The company's lead product, NEO100, is a purified form of perillyl acid (POH) administered via an intranasal route. NEO100 is currently in Phase IIa clinical trials for patients with recurrent high-grade gliomas (specifically IDH1,2 mutant Grade III and IV astrocytomas) and for malignant skull-based meningioma, with a projected readout for the glioma trial by the end of 2024. Beyond oncology, NEO100 is also being investigated as a drug delivery vehicle, with a Phase I clinical trial planned to explore its combination with levodopa for treating Parkinson's disease.

NeOnc's second key product in development is NEO212, a covalently conjugated molecule combining the chemotherapeutic drug temozolomide with perillyl alcohol. NEO212 has completed preclinical testing and received IND approval, with an oral Phase I/II trial initiated in late 2023 for patients with primary brain tumors (malignant gliomas) and secondary brain metastases. As a clinical-stage company, NeOnc currently has no commercial products approved for sale and is focused solely on advancing its drug candidates through clinical trials to obtain regulatory approvals.

AI Analysis | Feedback

1. It's like a startup trying to be the next Biogen for brain disorders, but specifically pioneering intranasal drug delivery to tackle difficult conditions like brain cancer and Parkinson's.

2. Imagine a company similar to an early-stage Moderna or BioNTech, but instead of mRNA vaccines, they're developing nasal spray-delivered drugs to treat challenging brain cancers and Parkinson's disease.

AI Analysis | Feedback

Major Products of NeOnc Technologies (NTHI):

  • NEO100: A purified form of perillyl acid (POH) administered intranasally for treating recurrent malignant gliomas, malignant skull-based meningiomas, and as a drug delivery vehicle for other therapies like levodopa for Parkinson's disease.
  • NEO212: A covalently conjugated molecule combining temozolomide with perillyl alcohol, currently in a Phase I/II trial for oral administration to treat primary and secondary brain tumors, with future development for intranasal application.

AI Analysis | Feedback

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Based on the provided background information, NeOnc Technologies (NTHI) is a clinical-stage biopharmaceutical company. The company is currently focused on developing novel drug delivery methods and drug candidates for intracranial malignancies. Their lead products, NEO100 and NEO212, are in various stages of clinical trials (Phase I, Phase IIa) or preclinical development.

The company explicitly states:

  • "Currently, none of our product candidates have been approved for sale in the United States or elsewhere."
  • "We have no commercial products nor do we have a sales or marketing infrastructure."

Therefore, NeOnc Technologies does not currently have any major customers, as it does not yet have any approved or commercialized products available for sale to other companies or individuals.

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Amir F. Heshmatpour, Chief Executive Officer, Executive Chairman, and President
Amir F. Heshmatpour is the Executive Chairman and President of NeOnc Technologies Holdings, Inc. where he drives the company's mission to transform the treatment of brain cancers. He has over 25 years of executive and board leadership experience. In 2005, he founded AFH Holding & Advisory LLC, his single-family office, through which he has led more than $6 billion in transactions across multiple industries, with a focus on biotech and healthcare. He acquired NeOnc in 2023 and assumed the presidency in 2025, and was appointed CEO in November 2025. Previously, he founded and served as Chairman and CEO of Metrophone Telecommunications, which completed 17 acquisitions and grew annual revenues to over $100 million.

Keithly Garnett, Chief Financial Officer
Keithly Garnett serves as the Chief Financial Officer for NeOnc Technologies Holdings, Inc. He directly owns a significant number of shares in the company and indirectly holds additional shares through HCWG LLC, where he is a beneficial owner.

Dr. Thomas C. Chen, MD, PhD, Founder, Chief Medical Officer, and Chief Scientific Officer
Dr. Thomas Chen is the founder of NeOnc Technologies. He transitioned from the CEO role to focus exclusively on his positions as Chief Medical Officer and Chief Scientific Officer, and remains a member of the Board of Directors. This transition allows him to dedicate his full attention to accelerating clinical trials and driving the scientific advancements of NeOnc's drug candidates.

Dr. Josh Neman, PhD, Chief Clinical Officer
Dr. Josh Neman is the Chief Clinical Officer at NeOnc Technologies Holdings, Inc.

David Choi, Chief Accounting Officer
David Choi was appointed as Chief Accounting Officer, effective March 12, 2026. In this role, he is responsible for overseeing the company's accounting, financial reporting, internal controls, and corporate governance functions. Mr. Choi is a CPA with over a decade of public-company accounting and controls experience from previous roles at Blythe Global Advisors, Grant Thornton, and Ernst & Young.

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Key Risks to NeOnc Technologies (NTHI)

  1. Clinical Trial Failure and Regulatory Approval Risk: NeOnc Technologies is a clinical-stage biopharmaceutical company with no currently approved products for sale. The success of the company is entirely dependent on the successful completion of ongoing and planned clinical trials (e.g., Phase IIa for NEO100, Phase I/II for NEO212, planned Phase I for intranasal NEO100 with levodopa) and obtaining regulatory approvals from agencies like the FDA. The background explicitly states that without successful clinical trials and regulatory approvals, the company cannot market and sell its products.
  2. Commercialization and Market Entry Risk: Even upon successful regulatory approval, NeOnc Technologies faces significant risks in commercializing its products. The company currently has no commercial products and lacks a sales or marketing infrastructure. Building this infrastructure, establishing market presence, and competing effectively in the specialized and challenging brain cancer treatment market will be a substantial undertaking.
  3. Patient Enrollment and Trial Execution Risk: The company has experienced challenges and made adjustments regarding patient enrollment for its NEO100 trials, specifically related to the limited population of IDH1,2 mutant Grade IV astrocytoma patients, which necessitated expanding the trial to include Grade III IDH1,2 mutant astrocytomas. While this adjustment aims to expedite the trial process, it highlights the inherent difficulties and potential delays associated with recruiting specific patient populations for specialized clinical trials, which can impact timelines and resource allocation.

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AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for NeOnc Technologies (NTHI) over the next 2-3 years:

  1. Accelerated Clinical Development and Expanded Patient Population for NEO100 in High-Grade Astrocytomas: The inclusion of recurrent Grade III IDH1,2 mutant astrocytoma patients in the Phase IIa trial for NEO100 significantly expands the target patient population. This strategic enrollment change is projected to expedite the trial process, with a readout for Phase II studies potentially delivered by the end of 2024, advancing the original timeline by a full year.
  2. Initiation and Progress of NEO100 Clinical Trial for Malignant Skull-Based Meningioma: NeOnc launched a Phase IIa trial (NEO 100-02) in July 2023 for intranasal NEO100 in patients with malignant skull-based meningioma. This new indication addresses a patient population with limited effective treatment options and difficult-to-access tumors, representing a potential new market opportunity for NEO100.
  3. Advancement of NEO212 into Phase I/II Clinical Trials for Primary and Secondary Brain Tumors: The company's second lead product, NEO212, began a Phase I/II trial in the fourth quarter of 2023. This trial administers oral NEO212 to patients with primary brain tumors (malignant gliomas) and secondary brain tumors (brain metastases), representing a new drug candidate entering human testing with the potential to address a broad range of intracranial malignancies.
  4. Expansion of NEO100 into Parkinson's Disease as a Drug Delivery Vehicle: NeOnc is planning a Phase I clinical trial for intranasal NEO100 mixed with levodopa (L-DOPA) for patients with Parkinson's disease. This initiative expands NEO100's potential application beyond oncology into a new therapeutic area, offering a distinct pathway for future revenue generation if successful.

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Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

NTHINVCRDNLICLDXIBRXPSTVMedian
NameNeOnc Te.NovoCure Denali T.Celldex .Immunity.Plus The. 
Mkt Price5.2714.2823.3132.437.364.2010.82
Mkt Cap0.11.64.42.27.60.01.9
Rev LTM06740114100
Op Inc LTM-33-183-547-309-261-19-222
FCF LTM-22-48-421-226-299-22-137
FCF 3Y Avg-11-80-410-174-363-15-127
CFO LTM-22-27-412-222-294-21-125
CFO 3Y Avg-11-49-397-171-351-15-110

Growth & Margins

NTHINVCRDNLICLDXIBRXPSTVMedian
NameNeOnc Te.NovoCure Denali T.Celldex .Immunity.Plus The. 
Rev Chg LTM-100.0%8.5%--88.5%351.5%--40.0%
Rev Chg 3Y Avg-9.1%-9.6%3,513.8%-9.6%
Rev Chg Q-100.0%12.3%--97.8%167.6%--42.8%
QoQ Delta Rev Chg LTM-100.0%2.9%--44.0%24.4%--20.5%
Op Inc Chg LTM11.2%-9.9%-6.2%-42.3%16.6%-26.4%-8.0%
Op Inc Chg 3Y Avg--10.5%-35.5%-38.9%10.5%-3.3%-10.5%
Op Mgn LTM--27.2%--35,688.5%-185.4%--185.4%
Op Mgn 3Y Avg--31.6%--13,678.4%-38,473.7%--13,678.4%
QoQ Delta Op Mgn LTM--3.7%--17,100.7%40.6%--3.7%
CFO/Rev LTM--4.0%--25,653.7%-208.8%--208.8%
CFO/Rev 3Y Avg--8.6%--9,962.8%-43,448.1%--9,962.8%
FCF/Rev LTM--7.1%--26,125.8%-212.3%--212.3%
FCF/Rev 3Y Avg--13.9%--10,136.9%-46,041.2%--10,136.9%

Valuation

NTHINVCRDNLICLDXIBRXPSTVMedian
NameNeOnc Te.NovoCure Denali T.Celldex .Immunity.Plus The. 
Mkt Cap0.11.64.42.27.60.01.9
P/S-2.4-2,492.853.6-53.6
P/Op Inc-3.7-8.9-8.0-7.0-28.9-1.5-7.5
P/EBIT-3.5-11.0-8.0-7.0-10.2-3.2-7.5
P/E-3.2-9.4-8.6-7.6-8.8-2.3-8.1
P/CFO-5.7-60.6-10.6-9.7-25.7-1.3-10.1
Total Yield-31.5%-10.6%-11.7%-13.1%-11.3%-42.7%-12.4%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg--4.9%-14.0%-10.0%-10.0%-2,691.9%-10.0%
D/E0.00.10.00.00.10.00.0
Net D/E0.0-0.1-0.2-0.20.0-0.5-0.2

Returns

NTHINVCRDNLICLDXIBRXPSTVMedian
NameNeOnc Te.NovoCure Denali T.Celldex .Immunity.Plus The. 
1M Rtn-1.3%-20.5%25.1%5.5%1.9%-36.3%0.3%
3M Rtn-27.9%20.9%15.6%5.0%-13.1%-32.2%-4.1%
6M Rtn-24.8%11.2%38.3%26.7%253.8%-70.4%18.9%
12M Rtn23.9%-14.4%67.8%58.2%156.4%-13.4%41.0%
3Y Rtn-56.5%-67.8%-24.0%-11.3%161.9%-94.4%-40.2%
1M Excs Rtn-5.8%-18.0%26.7%5.6%-7.2%-30.0%-6.5%
3M Excs Rtn-47.7%4.0%4.5%-5.5%-30.1%-43.9%-17.8%
6M Excs Rtn-54.5%0.1%26.7%11.3%230.4%-83.9%5.7%
12M Excs Rtn-25.9%-43.4%41.0%36.3%133.8%-70.9%5.2%
3Y Excs Rtn-128.2%-140.3%-101.0%-87.0%74.5%-166.7%-114.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Biotechnology000  
Sale/license of technology   00
Total00000


Net Income by Segment
$ Mil202520242023
Biotechnology-62-12-15
Total-62-12-15


Price Behavior

Price Behavior
Market Price$5.27 
Market Cap ($ Bil)0.1 
First Trading Date03/26/2025 
Distance from 52W High-56.4% 
   50 Days200 Days
DMA Price$4.97$8.22
DMA Trendindeterminatedown
Distance from DMA6.1%-35.9%
 3M1YR
Volatility100.7%119.6%
Downside Capture-12.41237.15
Upside Capture-114.83197.68
Correlation (SPY)-2.7%19.0%
NTHI Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta-1.16-1.110.631.202.15-0.13
Up Beta6.060.400.980.760.180.28
Down Beta-2.28-0.591.622.293.36-1.19
Up Capture-133%-179%-108%1%224%7%
Bmk +ve Days13283667141432
Stock +ve Days9142153116134
Down Capture-649%-191%202%176%190%93%
Bmk -ve Days7132757109318
Stock -ve Days11274270131156

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NTHI
NTHI-9.3%119.8%0.44-
Sector ETF (XLV)14.0%15.0%0.665.9%
Equity (SPY)26.5%12.4%1.6119.9%
Gold (GLD)24.2%27.5%0.7710.0%
Commodities (DBC)19.8%18.8%0.83-0.4%
Real Estate (VNQ)11.0%13.7%0.525.6%
Bitcoin (BTCUSD)-40.0%42.4%-1.0815.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NTHI
NTHI-16.9%138.9%0.09-
Sector ETF (XLV)5.4%14.7%0.19-4.4%
Equity (SPY)13.5%17.1%0.62-2.1%
Gold (GLD)17.1%18.3%0.763.7%
Commodities (DBC)7.5%19.4%0.29-8.6%
Real Estate (VNQ)1.9%18.9%0.00-4.9%
Bitcoin (BTCUSD)11.0%54.2%0.4015.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NTHI
NTHI-8.8%138.9%0.09-
Sector ETF (XLV)9.4%16.6%0.46-4.4%
Equity (SPY)15.3%18.0%0.73-2.1%
Gold (GLD)12.3%16.1%0.633.7%
Commodities (DBC)5.9%18.0%0.26-8.6%
Real Estate (VNQ)5.3%20.7%0.22-4.9%
Bitcoin (BTCUSD)60.0%66.8%1.0015.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 515202614.7%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest5.7 days
Basic Shares Quantity23.3 Mil
Short % of Basic Shares1.2%

Earnings Returns History

Updated 6/22/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/18/20262.6%-3.7%-9.9%
11/14/2025-12.3%-35.5%-13.8%
8/22/2025-0.4%27.4%104.1%
SUMMARY STATS   
# Positive111
# Negative222
Median Positive2.6%27.4%104.1%
Median Negative-6.4%-19.6%-11.8%
Max Positive2.6%27.4%104.1%
Max Negative-12.3%-35.5%-13.8%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/18/20262.6%-3.7%-9.9%
11/14/2025-12.3%-35.5%-13.8%
8/22/2025-0.4%27.4%104.1%
SUMMARY STATS   
# Positive111
# Negative222
Median Positive2.6%27.4%104.1%
Median Negative-6.4%-19.6%-11.8%
Max Positive2.6%27.4%104.1%
Max Negative-12.3%-35.5%-13.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/15/202610-Q
12/31/202503/31/202610-K
09/30/202511/14/202510-Q
06/30/202508/18/202510-Q
03/31/202505/09/202510-Q
12/31/202403/25/2025424B4
09/30/202401/03/2025S-1
09/30/202312/18/2023S-1
06/30/202309/27/2023DRS/A
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Report DateFiling DateFiling
03/31/202605/15/202610-Q
12/31/202503/31/202610-K
09/30/202511/14/202510-Q
06/30/202508/18/202510-Q
03/31/202505/09/202510-Q
12/31/202403/25/2025424B4
09/30/202401/03/2025S-1
09/30/202312/18/2023S-1
06/30/202309/27/2023DRS/A

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/18/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Operational Runway 2,026    

Prior: Q3 2025 Earnings Reported 11/14/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2025 Quazar Investment Funding 50.00 Mil 0 AffirmedActual: 50.00 Mil for 2025

Insider Activity

Updated 5/4/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Heshmatpour, Amir FPresidentDirectBuy50420264.1610,00041,59212,777,062Form
2Heshmatpour, Amir FPresidentDirectBuy42820264.5210,00045,18013,834,116Form
3Heshmatpour, Amir FPresidentDirectBuy42320264.9010,00049,00014,954,800Form
4Suh,, David JRChief Accounting OfficerDirectBuy41320265.002001,000559,330Form
5Heshmatpour, Amir FPresidentDirectBuy40920265.195,00025,95015,736,080Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Heshmatpour, Amir FPresidentDirectBuy50420264.1610,00041,59212,777,062Form
2Heshmatpour, Amir FPresidentDirectBuy42820264.5210,00045,18013,834,116Form
3Heshmatpour, Amir FPresidentDirectBuy42320264.9010,00049,00014,954,800Form
4Suh,, David JRChief Accounting OfficerDirectBuy41320265.002001,000559,330Form
5Heshmatpour, Amir FPresidentDirectBuy40920265.195,00025,95015,736,080Form
6Heshmatpour, Amir FPresidentDirectBuy40920265.6110,00056,05016,966,335Form
7Heshmatpour, Amir FPresidentDirectBuy40620266.325,00031,60019,067,440Form
8Heshmatpour, Amir FPresidentDirectBuy40620266.0920,000121,79818,342,779Form
9Heshmatpour, Amir FPresidentDirectBuy112420256.516,00039,06019,477,920Form
10Heshmatpour, Amir FPresidentDirectBuy112420255.9820,000119,60017,832,360Form
11Heshmatpour, Amir FPresidentDirectBuy112420256.504,00026,00019,409,000Form
12Neman-Ebrahim, YoushaChief Clinical OfficerDirectBuy112420256.691,1007,359898,199Form
13Heshmatpour, Amir FPresidentDirectBuy52320257.392,00014,78513,025,585Form
14Garnett, KeithlyCFODirectBuy52320257.296754,9211,756,161Form
15Garnett, KeithlyCFODirectBuy52220257.231359761,736,827Form
16Chen, Thomas CCEODirectBuy51920257.382,70920,0004,072,855Form
17Chen, Thomas CCEODirectBuy51920257.252,75920,0023,979,898Form
18Heshmatpour, Amir FPresidentDirectBuy519202516.873,51059,22129,694,896Form
19Heshmatpour, Amir FPresidentDirectBuy51920257.301,50010,94512,816,581Form
20Heshmatpour, Amir FPresidentDirectBuy51920257.271,0007,26712,753,512Form
21Garnett, KeithlyCFODirectBuy51920257.01906312,314,059Form
22Heshmatpour, Amir FPresidentDirectBuy51920257.019906,94212,298,802Form
23Delshad, JimDirectBuy51920257.225,00036,110399,449Form
24Chen, Thomas CCEODirectBuy51920257.004002,8003,823,400Form
25Heshmatpour, Amir FPresidentDirectBuy51920257.231,40010,12412,676,644Form
26Heshmatpour, Amir FPresidentDirectBuy51920257.511,60012,01613,154,516Form
27Delshad, JimDirectBuy51920256.9250346348,145Form
28Delshad, JimDirectBuy519202516.0550802806,472Form
Core Cache Last Updated: 6/21/2026