Is Graybug Vision, Inc. (GRAY) a Buy, Sell, or Hold?
NASDAQ : GRAY
Graybug Vision, Inc. — Financials
$5.5 USD
-$0.67 (-10.8%)
- Volume
- 24.63K
- Average Volume
- 7.46K
- Market Capitalization
- $120.98M
- P/E Ratio
- -4.23
- Dividend Yield
- 0.00%
- Price Target
- $27.83
- Year High
- $20.30
- Year Low
- $4.88
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $1.61
GRAY Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - |
| grossProfit | - | - | 2.96M | - | - | - | - |
| researchAndDevelopmentExpenses | 15.23M | 14.48M | 14.11M | 18.9M | 20.96M | 30.58M | 22.97M |
| generalAndAdministrativeExpenses | 7.89M | 9.73M | 19.1M | 17.04M | 8.87M | 6.92M | 5.6M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 7.89M | 9.73M | 19.1M | 17.04M | 8.87M | 6.92M | 5.6M |
| otherExpenses | - | - | - | - | - | 72000 | - |
| operatingExpenses | 23.12M | 24.2M | 33.22M | 35.95M | 29.83M | 37.5M | 28.57M |
| costAndExpenses | - | - | 33.22M | 35.95M | 29.83M | 37.5M | 28.57M |
| netInterestIncome | - | - | -5.35M | 126K | 143K | 393K | 192K |
| interestIncome | 713K | - | 575K | 126K | 143K | 393K | 192K |
| interestExpense | -1.42M | - | 5.93M | - | - | - | - |
| depreciationAndAmortization | 46000 | 58000 | 338K | 519K | 395K | 303K | 175K |
| ebitda | 46000 | 58000 | -29.34M | -35.95M | -29.83M | -37.2M | -28.2M |
| ebit | - | - | -29.68M | - | - | -37.5M | -28.57M |
| nonOperatingIncomeExcludingInterest | - | - | -6.5M | - | - | - | - |
| operatingIncome | -23.12M | -24.2M | -36.18M | -35.95M | -29.83M | -37.5M | -28.57M |
| totalOtherIncomeExpensesNet | -6.44M | 10.5M | 575K | 126K | 2.3M | 465K | 192K |
| incomeBeforeTax | -29.56M | -13.7M | -35.6M | -35.82M | -27.53M | -37.04M | -28.38M |
| incomeTaxExpense | - | - | -575K | -2M | -538K | -393K | 192K |
| netIncomeFromContinuingOperations | -29.56M | - | -35.03M | -33.82M | -26.99M | -36.64M | -28.38M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - |
| netIncome | -29.56M | -13.7M | -35.6M | -35.82M | -27.53M | -36.64M | -28.38M |
| netIncomeDeductions | - | - | - | - | - | - | - |
| bottomLineNetIncome | -29.56M | -13.7M | -35.03M | -33.82M | -26.99M | -36.64M | -28.38M |
| eps | -1.97 | -1.22 | -23.24 | -22.34 | -57.1 | -35.47 | -2.36 |
| date | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 11.52M | 7.94M | 17.3M | 13.36M | 33.42M | 15.87M | 12.83M |
| shortTermInvestments | 1.5M | 10.73M | 21.82M | 50.31M | 61.62M | 20.09M | - |
| cashAndShortTermInvestments | 13.02M | 18.67M | 39.13M | 63.67M | 95.03M | 35.96M | 12.83M |
| netReceivables | - | - | 39000 | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - |
| otherReceivables | - | - | 39000 | - | - | - | - |
| inventory | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - |
| otherCurrentAssets | 514K | 996K | 542K | 3.41M | 4.21M | - | 611K |
| totalCurrentAssets | 13.53M | 19.66M | 39.67M | 67.08M | 99.24M | 36.27M | 13.44M |
| propertyPlantEquipmentNet | 50000 | 119K | - | 1.98M | 1.95M | 1.98M | - |
| goodwill | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 11000 | 10000 | - | 29000 | 608K | 2.41M | 4.37M |
| totalNonCurrentAssets | 61000 | 129K | - | 2.01M | 2.55M | 4.39M | 4.37M |
| otherAssets | - | - | - | - | - | - | - |
| totalAssets | 13.59M | 19.79M | 39.67M | 69.09M | 101.79M | 40.66M | 17.81M |
| totalPayables | - | 2M | 1.72M | 527K | 2.51M | 4.64M | 2.52M |
| accountPayables | 1.16M | 2M | 1.72M | 527K | 2.51M | 4.64M | 2.52M |
| otherPayables | - | - | - | - | - | - | -2.52M |
| accruedExpenses | - | - | - | - | - | - | - |
| shortTermDebt | - | - | 203K | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 3.78M | 1.69M | 1.78M | 3.53M | 4.48M | 7.62M | 3.27M |
| totalCurrentLiabilities | 3.78M | 3.68M | 3.7M | 4.06M | 7M | 12.25M | 5.79M |
| longTermDebt | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 16.45M | 1.7M | - | 8000 | 11000 | - | - |
| totalNonCurrentLiabilities | 16.45M | 1.7M | - | 8000 | 11000 | - | - |
| otherLiabilities | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - |
| totalLiabilities | 20.23M | 5.38M | 3.7M | 4.06M | 7.01M | 12.25M | 5.79M |
| treasuryStock | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | 101.79M | 131.36M | 78.81M |
| commonStock | 4000 | 4000 | 2000 | 2000 | 2000 | - | - |
| retainedEarnings | -189.33M | -159.76M | -204.79M | -169.19M | -133.37M | -105.84M | -68.8M |
| additionalPaidInCapital | - | - | - | - | - | - | - |
| date | 2025-12-31 | 2024-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|
| netIncome | -29.56M | -13.7M | -35.6M | -35.82M | -27.53M | -37.04M | -28.38M |
| depreciationAndAmortization | 46000 | 58000 | 338K | 519K | 395K | 303K | 175K |
| deferredIncomeTax | - | - | - | - | 1000 | -68000 | - |
| stockBasedCompensation | 2.97M | 2.31M | 6.71M | 5.38M | 1.79M | 738K | 348K |
| changeInWorkingCapital | - | - | 1.83M | -1.63M | -4.56M | 4.92M | -379K |
| accountsReceivables | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - |
| accountsPayables | -840K | 601K | 1.3M | -2.05M | -1.46M | 1.4M | 1.37M |
| otherWorkingCapital | - | - | 523K | 421K | -3.1M | 3.52M | -1.75M |
| otherNonCashItems | 5.37M | -9.82M | 3.85M | 58000 | -2.16M | -72000 | 18000 |
| netCashProvidedByOperatingActivities | -21.18M | -21.15M | -22.88M | -31.5M | -32.06M | -31.22M | -28.22M |
| investmentsInPropertyPlantAndEquipment | -28000 | -8000 | -2.25M | -488K | -1.02M | -605K | -1.46M |
| acquisitionsNet | - | - | - | - | - | - | - |
| purchasesOfInvestments | -15.92M | -29M | -35.57M | -94.57M | -61.64M | -22.52M | - |
| salesMaturitiesOfInvestments | 25.5M | 24.59M | 64.35M | 105.81M | 20.1M | 2.5M | - |
| otherInvestingActivities | - | - | 430K | - | - | - | - |
| netCashProvidedByInvestingActivities | 9.55M | -4.42M | 26.96M | 10.75M | -42.56M | -20.62M | -1.46M |
| netDebtIssuance | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - |
| commonStockIssuance | 8000 | 27.9M | - | - | 96.26M | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - |
| otherFinancingActivities | 15.21M | 27.97M | -139K | 695K | 92.17M | 54.87M | 42.02M |
| netCashProvidedByFinancingActivities | 15.21M | 27.97M | -139K | 695K | 92.17M | 54.87M | 42.02M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | 3.48M | 3.11M | 3.85M | 4.05M | 4.22M | 1.4M | 3.55M | 2.77M | 3.81M | 6.49M |
| generalAndAdministrativeExpenses | 2.13M | 1.28M | 1.77M | 2.57M | 2.27M | 10.95M | 2.19M | 2.06M | 2.77M | 15.85M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 2.13M | 1.28M | 1.77M | 2.57M | 2.27M | 10.95M | 2.19M | 2.06M | 2.77M | 15.85M |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 5.61M | 4.38M | 5.62M | 6.62M | 6.5M | 12.35M | 5.74M | 4.83M | 6.58M | 22.34M |
| costAndExpenses | - | - | - | - | - | 12.35M | - | 4.83M | 6.58M | 22.34M |
| netInterestIncome | - | - | -186K | -104K | -245K | -3.05M | - | - | - | - |
| interestIncome | 106K | 151K | 140K | 220K | 202K | - | - | - | - | - |
| interestExpense | -319K | -325K | 326K | 324K | 447K | 3.05M | - | - | - | -3.05M |
| depreciationAndAmortization | 7000 | 5000 | 12000 | 14000 | 15000 | 3.07M | 44000 | -39586 | 122.08K | 13000 |
| ebitda | 7000 | 5000 | -7.47M | -5.62M | 15000 | 11.71M | 44000 | -4.83M | -6.58M | -22.33M |
| ebit | - | - | -7.48M | -5.63M | - | - | - | -4.83M | - | -22.34M |
| nonOperatingIncomeExcludingInterest | - | - | 1.86M | - | - | - | - | - | - | - |
| operatingIncome | -5.61M | -4.38M | -5.62M | -6.62M | -6.5M | 9.55M | -5.74M | -4.83M | -6.58M | -22.34M |
| totalOtherIncomeExpensesNet | 10.59M | -6.38M | -2.19M | 665K | 1.46M | -3.96M | 118K | 214K | - | 3.05M |
| incomeBeforeTax | 4.98M | -10.76M | -7.8M | -5.96M | -5.04M | 5.59M | -5.62M | -4.62M | - | -19.29M |
| incomeTaxExpense | - | - | - | - | - | 6.22M | - | - | - | -6.22M |
| netIncomeFromContinuingOperations | 4.98M | -10.76M | -7.8M | -5.96M | - | - | - | -4.62M | - | -13.07M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 4.98M | -10.76M | -7.8M | -5.96M | -5.04M | 5.59M | -5.62M | -4.62M | - | -13.07M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 4.98M | -10.76M | -7.8M | -5.96M | -5.04M | 13.07M | -5.62M | -4.62M | - | -13.07M |
| eps | 0.31 | -0.69 | -0.52 | -0.4 | -0.36 | 14.66 | -0.5 | - | - | -15.88 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 8.16M | 11.52M | 5.47M | 5.92M | 12.56M | 7.94M | 9.15M | 11.64M | 19.08M | 24.39M |
| shortTermInvestments | - | 1.5M | 8.61M | 12.04M | 12.07M | 10.73M | 5.45M | 2.95M | - | 9.78M |
| cashAndShortTermInvestments | 8.16M | 13.02M | 14.08M | 17.96M | 24.62M | 18.67M | 14.6M | 14.59M | 19.08M | 34.16M |
| netReceivables | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | 391K | 514K | 769K | 1.01M | 593K | 996K | 1.08M | 682K | 961K | 336K |
| totalCurrentAssets | 8.56M | 13.53M | 14.85M | 18.96M | 25.22M | 19.66M | 15.69M | 15.27M | 20.04M | 34.5M |
| propertyPlantEquipmentNet | 43000 | 50000 | 49000 | 105K | 118K | 119K | 130K | 187K | 199K | 144K |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 11000 | 11000 | 11000 | 11000 | 11000 | 10000 | 396K | 385K | 1000 | 27000 |
| totalNonCurrentAssets | 54000 | 61000 | 60000 | 116K | 129K | 129K | 526K | 572K | 200K | 171K |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 8.61M | 13.59M | 14.91M | 19.08M | 25.35M | 19.79M | 16.21M | 15.84M | 20.24M | 34.67M |
| totalPayables | - | - | 1.13M | 1.91M | 2.02M | 2M | 1.54M | 1.42M | 1.74M | 2.06M |
| accountPayables | 1.68M | 1.16M | 1.13M | 1.91M | 2.02M | 2M | 1.54M | 1.42M | 1.74M | 2.06M |
| otherPayables | - | - | - | - | - | - | - | -1.42M | -1.74M | -2.06M |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 5.31M | 3.78M | 2.55M | 1.56M | 2.44M | 1.69M | 2.25M | 2.27M | 2.28M | 10.6M |
| totalCurrentLiabilities | 5.31M | 3.78M | 3.68M | 3.48M | 4.46M | 3.68M | 3.78M | 3.69M | 4.02M | 12.65M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 4.4M | 16.45M | 11.5M | 9.5M | 10M | 1.7M | 3.4M | - | - | 2.06M |
| totalNonCurrentLiabilities | 4.4M | 16.45M | 11.5M | 9.5M | 10M | 1.7M | 3.4M | - | - | 2.06M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | -2.06M |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 9.71M | 20.23M | 15.18M | 12.98M | 14.46M | 5.38M | 7.18M | 3.69M | 4.02M | 12.65M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | 15.84M | 20.24M | - |
| commonStock | 4000 | 4000 | 4000 | 4000 | 4000 | 4000 | 3000 | 1000 | 1000 | 1000 |
| retainedEarnings | -184.35M | -189.33M | -178.57M | -170.76M | -164.81M | -159.76M | -155.51M | -141.92M | -137.3M | -131M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 4.98M | -10.76M | -7.8M | -5.96M | -5.04M | 5.59M | -9.44M | -19.29M | -7.4M | -9.81M |
| depreciationAndAmortization | 7000 | 5000 | 12000 | 14000 | 15000 | 45000 | 44000 | 13000 | - | 91000 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | 561K | 622K | 625K | 1.18M | 549K | -8.81M | 1.68M | 11.13M | 1.74M | 1.68M |
| changeInWorkingCapital | - | - | - | - | - | -5.85M | - | 5.85M | 489K | -505K |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 514K | 44000 | -796K | -1000 | -87000 | 1.64M | 117K | -1.04M | 1.22M | -381K |
| otherWorkingCapital | - | - | - | - | - | -1.04M | - | 1.04M | -729K | -124K |
| otherNonCashItems | -10.4M | 5.28M | 2.39M | -1.9M | -400K | -6.76M | -8.46M | -3.06M | 99000 | 1.4M |
| netCashProvidedByOperatingActivities | -4.86M | -4.85M | -4.78M | -6.67M | -4.88M | -15.79M | -16.17M | -5.36M | -5.07M | -7.14M |
| investmentsInPropertyPlantAndEquipment | - | -6000 | -8000 | -5000 | -9000 | -8000 | -6000 | - | - | -135K |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | -496K | -1.48M | -7.31M | -6.63M | -29M | -18.84M | - | -5.84M | -13.34M |
| salesMaturitiesOfInvestments | 1.5M | 7.65M | 5M | 7.44M | 5.4M | 19.84M | 19.59M | 4.75M | 17.75M | 16.85M |
| otherInvestingActivities | - | - | - | - | - | - | - | - | 350K | 80000 |
| netCashProvidedByInvestingActivities | 1.5M | 7.15M | 3.51M | 134K | -1.24M | -9.17M | 744K | 4.75M | 12.26M | 3.46M |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | 8000 | 2.71M | 18.98M | 25.2M | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | - | 3.75M | 818K | -102K | 10.74M | 4.46M | 19.05M | 23.52M | -53000 | -17000 |
| netCashProvidedByFinancingActivities | - | 3.75M | 818K | -102K | 10.74M | 4.46M | 19.05M | 23.52M | -53000 | -17000 |