Acurx Pharmaceuticals, Inc.
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About the company
Acurx Pharmaceuticals, Inc. functions as a clinical-stage biopharmaceutical firm focused on developing innovative antibiotic treatments for bacterial infections. The company's primary drug candidate is ibezapolstat, an antibiotic that utilizes a novel mechanism of action by targeting the polymerase IIIC enzyme.
- CEO
- David Luci
- IPO
- 2021
- Employees
- 4
- HQ
- Staten Island, NY, US
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- Market Cap
- $6.23M
- P/E
- -0.41
- Fwd P/E
- 1.91
- PEG
- -0.00
- P/S
- 0.00
- P/B
- 0.76
- EV/EBITDA
- 0.59
- Div Yield
- 0.00%
- Gross Margin
- 0.00%
- Op Margin
- 0.00%
- Net Margin
- 0.00%
- ROE
- -124.74%
- ROIC
- -94.08%
Latest fiscal year · YoY change
- Revenue
- $0+0.0%
- Gross Profit
- $0+0.0%
- Op Income
- $-8,091,983
- Net Income
- $-7,966,538+43.5%
- EPS
- $-5.32+69.8%
- OCF Growth
- -65271.3%
- FCF Growth
- -65271.3%
- 52W High
- $8.34
- 52W Low
- $1.31
- 50D MA
- $1.51
- 200D MA
- $2.60
- Beta
- -2.03
- RSI (14)
- 47
- Avg Volume
- 126.14K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Acurx reported higher cash and lower G&A, while advancing ibezapolstat toward PATHFINDER and a planned Phase III ASPIRE trial, with FDA feedback supporting further discussion after key data are in hand.· August 14, 2026
- Cash ended the quarter at $10.7 million, up from $7.6 million at December 31, 2025.
- Q2 R&D rose to $1.1 million from $0.5 million a year ago as recurrent CDI trial work and manufacturing costs increased.
- Q2 G&A fell to $1.2 million from $1.7 million, helped by lower professional, legal, and stock-compensation costs.
- FDA said it is open to discussing the totality of ibezapolstat evidence at a pre-NDA meeting after a single Phase III trial plus other studies, including PATHFINDER, if efficacy is robust.
- Management said PATHFINDER enrollment is anticipated to start in the fourth quarter and that the trial is fully funded; ASPIRE still depends on future funding or partnerships.
Acurx ended Q2 2026 with cash of $10.7 million versus $7.6 million at December 31, 2025. Q2 R&D expense was $1.1 million versus $0.5 million a year ago, and Q2 G&A was $1.2 million versus $1.7 million. Net loss was $2.3 million, or $0.53 per diluted share, versus a net loss of $2.2 million, or $1.89 per diluted share, in Q2 2025. For the first six months of 2026, R&D was $1.4 million versus $1.1 million, G&A was $2.6 million versus $3.3 million, and net loss was $3.9 million, or $1.13 per diluted share, versus $4.4 million, or $4.01 per diluted share. The company raised about $2.5 million of gross proceeds through a registered direct offering and $0.8 million under the equity line during the quarter. Management said PATHFINDER is fully funded, enrollment is anticipated to start in the fourth quarter, and the company has cash and remaining equity line access to fund PATHFINDER and operations for at least 1 year. ASPIRE remains contingent on appropriate funding from public or private sources or partnerships.
Dave Luci emphasized regulatory progress, especially the FDA meeting on the development path for ibezapolstat and the agency’s willingness to consider the broader package at a pre-NDA meeting after a single Phase III study and other supporting data. He also highlighted the conditional acceptance and trademark allowance for the brand name Syfbezi, plus new scientific work with Leiden University Medical Center and microbiome-related data that he said strengthen the program. His tone was constructive and confident, but he repeatedly noted that advancing ASPIRE still depends on funding.
Rob Shawah focused on the quarter’s financial mix: cash increased to $10.7 million, R&D rose because of manufacturing and consulting tied to the recurrent CDI program, and G&A declined meaningfully due to lower professional fees, legal costs, and share-based compensation. He also quantified capital raised in the quarter at about $2.5 million gross from the registered direct offering and $0.8 million from the equity line. His comments framed the balance sheet as sufficient for PATHFINDER and near-term operations, while leaving ASPIRE financing unresolved.
Analysts focused on manufacturing readiness, international trial plans, what the FDA would view as sufficiently 'robust' data, and how important PATHFINDER could be for securing a partner to fund ASPIRE. Management said there is plenty of API and formulated product for PATHFINDER and enough API manufacturing with appropriate dating to start ASPIRE. On robustness, they pointed to high-quality trial conduct, consistency across endpoints and geographies, and the new design element of assessing patients 8 weeks after treatment; on funding, they said PATHFINDER is important for partnership discussions and could also support an LPAD pathway for recurrent C. difficile.
The call showed tangible regulatory and operational progress: FDA is still engaged, PATHFINDER is moving toward a fourth-quarter start, and management said the trial is fully funded. The company also highlighted supportive preclinical and microbiome data, plus patent and branding milestones that could help position ibezapolstat for future commercialization.
ASPIRE is not yet funded, so the larger pivotal program still depends on future capital, partnerships, or a successful PATHFINDER readout. Management also acknowledged that the FDA has not committed to an approval path yet; it wants robust clinical evidence, and the company still has to prove its data package in ongoing and future trials.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 91.9%
- Shares Outstanding
- 4.30M
- Float Shares
- 3.95M
of shares held by institutions
18 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 23.28K | ▲ 23.28K |
| Semmax Financial Advisors Inc. | 153 | ▼ 5.49K |
Held by 4 ETFs
Biggest fund positions in ACXP by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Apr 20, 26 | Sailer Carl | other | 2,150 |
| Apr 20, 26 | DEAN JACK H | other | 2,150 |
| Apr 20, 26 | Donohue James J. | other | 2,150 |
| Apr 20, 26 | HARRISON THOMAS L | other | 2,150 |
| Apr 20, 26 | Scodari Joseph C | other | 2,150 |
| Apr 20, 26 | DELUCCIA ROBERT J | other | 37,100 |
| Apr 20, 26 | LUCI DAVID P | other | 37,100 |
| Apr 20, 26 | Shawah Robert G. | other | 25,900 |
| Feb 5, 25 | Shawah Robert G. | other | 145,500 |
| Feb 5, 25 | LUCI DAVID P | other | 250,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our ACXP coverage
Recent articles, reports, and earnings notes.
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Generate ACXP report →Acurx Pharmaceuticals Receives FDA Conditional Acceptance and USPTO Trademark Allowance for the Company's Brand Name for Ibezapolstat
prnewswire.com · Aug 17
Acurx Pharmaceuticals, Inc. (ACXP) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 14
Acurx Pharmaceuticals, Inc. Reports Second Quarter 2026 results and provides business update
prnewswire.com · Aug 14
Japan and Mexico Patent Offices Both Grant Acurx Pharmaceuticals New Patents for DNA Polymerase IIIC Inhibitor Antibiotics
prnewswire.com · Aug 12
Acurx Announces Scientific Partnership with Leiden University Medical Center to Advance Development of Acurx's DNA Polymerase IIIC Inhibitor Antibiotics
prnewswire.com · Aug 10
FDA Provides Further Regulatory Guidance to Acurx Pharmaceuticals for the Ibezapolstat Clinical Development Program, Including the Potential for a Single-Phase 3-Trial Registration Plan and a Trial Design to Support Both Treatment and Reduction of Recurrence of C. difficile Infection
prnewswire.com · Aug 3
Acurx Pharmaceuticals Announces Scientific Poster Presentation of Ibezapolstat's Microbiome Preservation Data in Multiply-recurrent C. difficile Infection
prnewswire.com · Jul 14
Axos Aims to Expand AI-Powered Financial Services With Arc Acquisition
pymnts.com · Jul 9
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