Intensity Therapeutics, Inc.
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Range $7 – $15
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About the company
Intensity Therapeutics, Inc. is a biotechnology enterprise in the clinical development phase, dedicated to discovering, advancing, and commercializing pharmaceutical treatments for solid tumor cancers. The company's primary experimental compound, INT230-6, is presently undergoing Phase 2 clinical trials.
- CEO
- Lewis H. Bender
- IPO
- 2023
- Employees
- 16
- HQ
- Shelton, CT, US
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- Market Cap
- $13.27M
- P/E
- -1.02
- Fwd P/E
- 1.52
- PEG
- -0.01
- P/S
- 0.00
- P/B
- 14.42
- EV/EBITDA
- -0.45
- Div Yield
- 0.00%
- Gross Margin
- 0.00%
- Op Margin
- 0.00%
- Net Margin
- 0.00%
- ROE
- -116.61%
- ROIC
- -123.35%
Latest fiscal year · YoY change
- Revenue
- $0+0.0%
- Gross Profit
- $-26,000+0.0%
- Op Income
- $-11,972,000
- Net Income
- $-11,606,000+28.7%
- EPS
- $-8.56+70.7%
- OCF Growth
- +39.3%
- FCF Growth
- +39.3%
- 52W High
- $43.50
- 52W Low
- $3.51
- 50D MA
- $4.26
- 200D MA
- $7.09
- Beta
- 3.03
- RSI (14)
- 67
- Avg Volume
- 40.52K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Intensity Therapeutics reported a wider Q2 loss, but said it improved its cash position, restarted parts of INVINCIBLE-3 and INVINCIBLE-4, and sees partnership interest building around its clinical data.· August 11, 2026
- R&D rose to $1.8 million and G&A to $1.3 million, driving net loss to $3.0 million for Q2 2026.
- Cash and cash equivalents were $9.5 million at June 30, 2026; the company also raised $1.6 million in Q2 and another $1.3 million after quarter-end via the ATM.
- Management said INVINCIBLE-3 needs about $30 million to fully complete the study and expects about $1 million of monthly operating cash burn in 2H 2026.
- INVINCIBLE-4 resumed treatment in Switzerland under an amended single-injection protocol, and the company opened a site in France.
- Early INVINCIBLE-4 data remained encouraging to management, with 71% pCR in Cohort A versus 42% in Cohort B in the first 14 patients, though they stressed the sample is small.
For Q2 2026, research and development expense was $1.8 million versus $1.5 million a year ago, up $292,000 or 19%. Clinical trial expense was $1.2 million versus $936,000 in the prior-year quarter, and G&A was $1.3 million versus $1.2 million, up $87,000 or 7%. Net loss was $3.0 million versus $2.5 million in Q2 2025, an increase of $470,000 or 19%. Cash and cash equivalents were $9.5 million at June 30, 2026. The company raised $1.6 million in net proceeds in Q2 through its ATM, and another $1.3 million after quarter-end. Management said operating cash burn was $4.2 million for 1H 2026 and estimated about $1 million per month in the second half of 2026. For INVINCIBLE-3, they said roughly $30 million is needed to complete the study and expect new patient enrollment to begin in the next couple of months in a limited number of U.S. sites; full site activation remains dependent on incremental funding. For INVINCIBLE-4, they said enrollment is targeted to complete by the end of 2027 with about 45 more patients needed, and that the amended protocol has resumed in Switzerland and a site has opened in France.
Lewis Bender framed the quarter as a turnaround in operating flexibility after the company had been forced to pause INVINCIBLE-3 for funding reasons. He said the balance sheet has improved, more than $23 million has been raised since the pause, and the company is now seeing interest from investigators and potential partners after its publications. His tone was upbeat but measured: he repeatedly emphasized that restart plans are still dependent on incremental capital and that partnership discussions are early.
Joseph Talamo highlighted the main financial drivers: R&D of $1.8 million, clinical trial spend of $1.2 million, G&A of $1.3 million, and a net loss of $3.0 million. He said cash at June 30 was $9.5 million, with $1.6 million raised through the ATM in the quarter and $1.3 million more raised afterward. He also said operating cash burn was $4.2 million in the first half and would average about $1 million per month in 2H 2026, while noting the company expects to continue using the ATM opportunistically as it scales clinical activity.
Analysts focused on how much capital is needed to restart and complete INVINCIBLE-3, whether the 21 patients enrolled before the pause stay in the intent-to-treat analysis, and how the INVINCIBLE-4 protocol change affects patient numbers and data interpretation. Management said about $30 million is needed for INVINCIBLE-3 over the next several years, that the pre-pause patients may or may not remain in the ITT set depending on statistical review of amended criteria, and that INVINCIBLE-4 has treated a couple patients under the new protocol and 14 under the prior one. They also explained that INVINCIBLE-4 will add seven additional randomized patients to Cohort A to replace the seven who received the prior dosing regimen, and that the INVINCIBLE-3 EU filing is more complex because it involves five countries and more documentation.
The company said it has stabilized its cash position, continues to raise money through the ATM, and believes it can incrementally reopen sites rather than waiting for a full financing. Management also pointed to encouraging clinical signals: INVINCIBLE-4’s early pCR rate and lower grade 3 adverse events trend, plus strong investigator and partner interest after publication in eBioMedicine.
Intensity still lacks the capital to fully restart and expand INVINCIBLE-3, which management said needs about $30 million and additional financing before year-end to open all sites. The clinical programs remain early, sample sizes are small, and INVINCIBLE-4’s amended regimen has only just resumed, so management said it is too soon to draw conclusions. There is also execution risk from European regulatory complexity, protocol changes, and the possibility that the pre-pause INVINCIBLE-3 patients may need special statistical handling in the analysis.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 53.9%
- Shares Outstanding
- 2.70M
- Float Shares
- 1.46M
of shares held by institutions
35 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 | 649.08K | ▲ 393.15K |
| Cibc Private Wealth Group, LLC | 5.03K | ▲ 25 |
Held by 4 ETFs
Biggest fund positions in INTS by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jul 16, 26 | DUBIN THOMAS I H | other | 5,500 |
| Jul 16, 26 | Donovan Daniel | other | 5,500 |
| Jul 16, 26 | GOLDBERG MARK A | other | 5,500 |
| Jul 16, 26 | Leahy Emer | other | 5,500 |
| Jul 16, 26 | Wesolowski John M | other | 11,000 |
| Jul 16, 26 | Talamo Joseph | other | 34,000 |
| Jul 16, 26 | BENDER LEWIS H | other | 78,000 |
| Jun 30, 26 | Wesolowski John M | other | 3,688 |
| Jun 30, 26 | Talamo Joseph | other | 1,093 |
| Mar 26, 26 | BENDER LEWIS H | other | 37,749 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our INTS coverage
Recent articles, reports, and earnings notes.
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Generate INTS report →Intensity Therapeutics, Inc. (INTS) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 11
Intensity Therapeutics Reports Second Quarter 2026 Financial Results and Provides Business Update
prnewswire.com · Aug 11
Intensity Therapeutics to Announce Second Quarter 2026 Financial Results on August 11, 2026
prnewswire.com · Aug 4
Intensity Therapeutics, Inc. Restarts Patient Treatment in the Randomized, Presurgical Triple Negative Breast Cancer Phase 2 Clinical Trial (INVINCIBLE-4 Study)
prnewswire.com · Jul 15
Intensity Therapeutics Provides Mid-Year Update Highlighting Late-Stage Development Programs and Strategic Partnering Opportunities for INT230-6
prnewswire.com · Jul 1
Intensity Therapeutics Inc. (INTS) Upgraded to Buy: Here's Why
zacks.com · May 27
Intensity Therapeutics Recognized with GHP Magazine's 2026 Healthcare & Pharmaceutical Award
prnewswire.com · May 14
Intensity Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update
prnewswire.com · May 7
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