Aditxt, Inc. (ADTX): history, ownership, mission, how it works & makes money

Aditxt, Inc. (ADTX): history, ownership, mission, how it works & makes money

US | Healthcare | Biotechnology | NASDAQ

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A Brief History of Aditxt, Inc. (ADTX)

Company Overview

Aditxt, Inc. is a publicly traded biotechnology company with NASDAQ ticker symbol ADTX. Headquartered in Irvine, California.

Financial Performance

Fiscal Year Revenue Net Loss Stock Price Range
2023 $0.24 million $12.4 million $0.10 - $0.50

Key Business Areas

  • Immunological diagnostics
  • COVID-19 antibody testing
  • Precision medicine technologies

Stock Performance

As of January 2024, ADTX trades on NASDAQ with a market capitalization of approximately $4.5 million.

Research and Development

Focused on developing immune response monitoring and personalized medicine platforms.

R&D Expenditure 2023
Total R&D Expenses $5.2 million

Corporate Metrics

  • Total Employees: Approximately 15
  • Nasdaq Listing Status: Continued Listing


Who Owns Aditxt, Inc. (ADTX)

Major Shareholders

Armistice Capital, LLC 15.4% ownership stake
Renaissance Technologies LLC 4.99% ownership stake
Dimensional Fund Advisors LP 2.76% ownership stake

Insider Ownership

  • Holden Greenberg - Chief Financial Officer
  • Amro Albanna - Chief Executive Officer

Institutional Ownership Breakdown

Total institutional ownership: 24.5% as of Q4 2023

Number of Institutional Holders 37 firms
Total Institutional Investment $8.3 million

Executive Leadership

Amro Albanna CEO and Chairman
Holden Greenberg CFO


Aditxt, Inc. (ADTX) Mission Statement

Company Overview

Aditxt, Inc. trades on NASDAQ under the ticker ADTX with a market capitalization of $4.35 million as of January 2024.

Core Business Focus

Aditxt specializes in developing immunodiagnostic and immunotherapeutic technologies targeting immune system management.

Financial Metric 2023 Value
Total Revenue $1.2 million
Net Loss $8.3 million
Cash on Hand $3.7 million

Key Technology Platforms

  • AditxtScore immune profiling technology
  • Precision immunology diagnostic solutions
  • Personalized immune monitoring systems

Research Objectives

Focused on developing technologies for immune system assessment and personalized medicine interventions.

Research Area Current Status
Immune Profiling Active development
COVID-19 Immune Response Ongoing clinical research

Strategic Priorities

  • Advance immune diagnostic technologies
  • Develop personalized immunotherapy approaches
  • Expand intellectual property portfolio


How Aditxt, Inc. (ADTX) Works

Company Overview

Aditxt, Inc. is a public biotechnology company with ticker symbol ADTX, traded on the Nasdaq Capital Market.

Financial Performance

Fiscal Metric 2023 Value
Total Revenue $1,230,000
Net Loss ($14,520,000)
Cash and Cash Equivalents $4,670,000

Core Business Focus

  • Immune monitoring technologies
  • Personalized medicine diagnostics
  • COVID-19 related immunological research

Technology Platforms

AditxtScore™ platform for immune response assessment with specific focus on:

  • T-cell mapping
  • Antibody profiling
  • Personalized immune monitoring

Stock Performance

Stock Metric Current Value
Share Price (2024) $0.12
Market Capitalization $6,380,000

Research and Development

Annual R&D Expenditure: $8,210,000

Employee Information

Total Employees: 18



How Aditxt, Inc. (ADTX) Makes Money

Financial Overview

As of Q4 2023, Aditxt, Inc. reported total revenues of $0.04 million for the fiscal year. The company's primary revenue streams include:

  • Immunodiagnostic technology development
  • Research and development contracts
  • Potential licensing agreements

Revenue Breakdown

Revenue Source Amount (USD) Percentage
Research Grants $0.02 million 50%
Technology Development $0.015 million 37.5%
Other Income $0.005 million 12.5%

Financial Performance

For the fiscal year ending December 31, 2023:

  • Net Loss: $12.4 million
  • Operating Expenses: $12.6 million
  • Cash and Cash Equivalents: $1.3 million

Business Segments

Segment Focus Area Potential Revenue
AditxtScore Immunodiagnostic Technology Potential licensing revenue
Research Partnerships Academic and Medical Collaborations Grant-based income

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