Eton Pharmaceuticals, Inc.

For the period ended Dec 31, 2025. Filed Mar 19, 2026.

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 19, 2026

ETON$64.35+14.0%Stored close · as of Nov 9, 2026

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

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Contents

Statements of Stockholders’ Equity

(in thousands, except share amounts)

Common Stock · Additional Paid-in · Accumulated · Total Stockholders’
	Shares	Amount	Capital	Deficit	Equity
Balances at December 31, 2022	25,353,119	$25	$116,187	$(103,134)	$13,078
.
Stock-based compensation	—	—	3,137	—	3,137
Stock option exercises and vesting of restricted stock units	299,028	1	148	—	149
Employee stock purchase plan	86,782	—	229	—	229
Shares withheld related to net share settlement of stock option exercises	(50,867)	—	(180)	—	(180)
Net loss	—	—	—	(936)	(936)
Balances at December 31, 2023	25,688,062	26	119,521	(104,070)	$15,477
Common stock issued in private placement offering	583,334	1	6,999	—	7,000
Stock-based compensation	—	—	3,165	—	3,165
Stock option exercises and vesting of restricted stock units	356,755	—	1,191	—	1,191
Employee stock purchase plan	80,933	—	248	—	248
Relative fair value of warrants issued in connection with debt	—	—	1,170	—	1,170
Net loss	—	—	—	(3,823)	(3,823)
Balances at December 31, 2024	26,709,084	27	132,294	(107,893)	$24,428
Stock-based compensation	—	—	5,512	—	5,512
Employee stock purchase plan	16,894	0	217	—	217
Stock option exercises and vesting of restricted stock units	321,083	0	598	—	598
Net loss	—	—	—	(4,601)	(4,601)
Balances at December 31, 2025	27,047,061	$27	$138,621	$(112,494)	$26,154

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.