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Hcw Biologics Inc (HCWB)

Hcw Biologics Inc (HCWB)
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HCW Biologics Inc. is a preclinical stage biopharmaceutical company. It focused on discovering and developing novel immunotherapies. HCW Biologics Inc. is based in MIRAMAR, Fla.

Fiscal Year End Date: 12/31

Income Statement

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Sales 30 20 10 10 390
Sales Growth +50.00% +100.00% unch -97.44% -9.30%
Net Income 720 -4,550 -1,930 -2,200 -3,370
Net Income Growth +115.82% -135.75% +12.27% +34.72% +13.59%

Balance Sheet

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Total Assets 24,520 25,450 28,910 26,290 30,240
Total Assets Growth -3.65% -11.97% +9.97% -13.06% +13.86%
Total Liabilities 21,760 27,550 28,960 34,850 37,010
Total Liabilities Growth -21.02% -4.87% -16.90% -5.84% +1.31%

Cash Flow

(Values in U.S. Thousands) Dec, 2025 Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024
Operating Cash Flow -13,390 -10,040 -6,800 -3,510 -14,230
Operating Cash Flow Growth -33.37% -47.65% -93.73% +75.33% -24.93%
Net Cash Flow -2,720 -3,580 -2,240 -3,570 1,080
Change in Net Cash Flow +24.02% -59.82% +37.25% -430.56% +141.54%
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