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Midas Edge

Fortress Biotech, Inc.

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 31, 2026

FBIO$1.91-4.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Changes in Stockholders’ Equity

For the Year Ended December 31, 2025

​​​​​​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Series A Preferred Stock · ​ · Common Stock · ​ · Paid-In · ​ · Accumulated · ​ · Non-Controlling · ​ · Stockholders'
($ in thousands except for share amounts) · ​ ​ ​ · Shares · ​ · Shares · ​ ​ ​ · Amount · ​ ​ ​ · Capital · ​ ​ ​ · Deficit · ​ ​ ​ · Interests · ​ ​ ​ · Equity
Balance at December 31, 20243,427,138​$327,908,839​$28​$763,573​$(740,867)​$(24,381)​$(1,644)
Stock-based compensation expense—​——​—​28,739​—​—​28,739
Issuance of common stock related to equity plans—​—1,384,287​1​(1)​—​—​—
Issuance of common stock under ESPP—​—69,071​—​87​—​—​87
Exchange of partner company preferred shares​—​——​—​(265)​—​—​(265)
Warrant issued in conjunction with debt​—​——​—​​1,314​​—​​—​​1,314
Issuance of common stock for at-the-market offering, net—​—539,563​—​1,008​—​—​1,008
Partner companies’ offerings, net and warrant exercises—​——​—​61,274​—​—​61,274
Partner companies' at-the-market offering, net—​——​—​19,052​—​—​19,052
Issuance of common stock under partner company’s ESPP—​——​—​217​—​—​217
Partner company’s dividends declared and paid—​——​—​(664)​—​—​(664)
Exercise of warrants for cash—​—1,574,699​2​2,645​—​—​2,647
Shares withheld related to net settlement of warrants​—​​—​(112,365)​​—​​—​​—​​—​​—
Reclass to liabilities for partner company perpetual preferred​—​​—​—​​—​​(7,085)​​—​​—​​(7,085)
Partner company's exercise of options for cash—​——​—​349​—​—​349
Deconsolidation of subsidiary non-controlling interests—​——​—​—​—​(9,931)​(9,931)
Changes in non-controlling interest in subsidiaries—​——​—​(86,352)​—​86,352​—
Net income attributable to non-controlling interest—​——​—​—​—​(39,730)​(39,730)
Net income attributable to common stockholders—​——​—​—​6,815​—​6,815
Balance at December 31, 2025​3,427,138​$331,364,094​$31​$783,891​$(734,052)​$12,310​$62,183

Consolidated Statements of Changes in Stockholders’ Equity

For the Year Ended December 31, 2024

​​​​​​​​​​​​​​​​​​​​​​​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Additional · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Total
​ · ​ · Series A Preferred Stock · ​ · Common Stock · ​ · Paid-In · ​ · Accumulated · ​ · Non-Controlling · ​ · Stockholders'
($ in thousands except for share amounts) · ​ ​ ​ · Shares · ​ · Shares · ​ ​ ​ · Amount · ​ ​ ​ · Capital · ​ ​ ​ · Deficit · ​ ​ ​ · Interests · ​ ​ ​ · Equity
Balance at December 31, 20233,427,138​$315,093,053​$15​$717,396​$(694,870)​$(20,957)​$1,587
Stock-based compensation expense—​——​—​32,619​—​—​32,619
Issuance of common stock related to equity plans—​—582,323​1​(1)​—​—​—
Issuance of common stock under ESPP—​—69,482​—​99​—​—​99
Issuance of stock for equity offerings, net​—​—8,006,058​8​17,396​—​—​17,404
Warrant issued in conjunction with debt—​​—​—​​—​​1,104​​—​​—​​1,104
Issuance of common stock for at-the-market offering, net​—​—1,957,331​2​3,732​—​—​3,734
Common shares issued for dividend on partner company's convertible preferred shares​—​—64,747​—​114​—​—​114
Common shares issued for exchange of partner company's convertible preferred shares​—​—2,028,345​2​3,406​—​—​3,408
Warrants issued in conjunction with exchange of partner company's convertible preferred shares—​​—​—​​—​​341​​—​​—​​341
Preferred A dividends declared and paid—​——​—​(4,016)​—​—​(4,016)
Partner companies’ offerings, net—​—​​—​28,852​—​—​28,852
Partner companies' at-the-market offering, net—​——​—​12,037​—​—​12,037
Issuance of common stock under partner company’s ESPP—​——​—​257​—​—​257
Partner company’s dividends declared and paid—​——​—​(694)​—​—​(694)
Exercise of warrants for cash—​—107,500​—​181​—​—​181
Exercise of partner company options and warrants for cash, net—​——​—​22,184​—​—​22,184
Changes in non-controlling interest in subsidiaries—​——​—​(71,434)​—​71,434​—
Net loss attributable to non-controlling interest—​——​—​—​—​(74,858)​(74,858)
Net loss attributable to common stockholders—​——​—​—​(45,997)​—​(45,997)
Balance at December 31, 2024​3,427,138​$327,908,839​$28​$763,573​$(740,867)​$(24,381)​$(1,644)
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.