Microcap Ledger

Tickers · $GRI

GRI Bio, Inc. $GRI

By Microcap Ledger desk · CIK 0001824293

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Pharmaceutical Preparations
Headquarters
La Jolla, CA
Fiscal year end
December 31
Shares outstanding
2,186,115 [10-Q 2026-08-14]
as of 2026-08-13

Sources: [10-K 2026-01-30]

What the company doesAI summary of filing

GRI Bio is a clinical-stage biopharmaceutical company developing therapies that target dysregulated immune responses in inflammatory, fibrotic, and autoimmune disorders. The company's lead product candidate, GRI-0621, is an oral formulation of tazarotene (a FDA-approved topical retinoid) that inhibits type 1 invariant Natural Killer T cells for treatment of idiopathic pulmonary fibrosis and other fibrotic diseases; a Phase 2a trial in IPF patients met its primary safety endpoint and showed biomarker improvements suggesting anti-fibrotic effects. The company is pre-revenue and also developing GRI-0803, a dNKT cell activator for autoimmune disorders such as systemic lupus erythematosus, with plans to file an IND application in 2026 for Phase 1 trials. [10-K 2026-01-30]

Segments: GRI-0621 (iNKT inhibitor for fibrotic diseases, lead program in IPF), GRI-0803 (dNKT activator for autoimmune disorders), Proprietary library of 500+ NKT-targeted compounds

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$3.64M −$5.13M$10.95M[10-Q 2026-08-14]
FY ended Dec 2025—−$11.96M −$10.19M$8.23M[10-K 2026-01-30]
FY ended Dec 2024—−$8.21M −$8.61M$5.03M[10-K 2026-01-30]
Quarterly cash burn
−$2.57M
Cash runway Estimate
~12.8 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-138,933,366[10-Q 2024-11-14]
2025-03-11525,358[10-K 2025-03-14]
2025-05-142,141,473[10-Q 2025-05-15]
2025-08-132,515,305[10-Q 2025-08-14]
2025-11-133,268,727[10-Q 2025-11-14]
2026-01-291,445,029[10-K 2026-01-30]
2026-05-121,770,838[10-Q 2026-05-13]
2026-08-132,186,115[10-Q 2026-08-14]
Shelf registration
S-3 filed 2026-01-30; declared effective 2026-01-30 [S-3 2026-01-30]

Listing status

Current status: 3 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-01-16. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-01-168-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-01-16]
2025-12-028-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-12-02]
2025-03-118-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-03-11]

More on deficiency notices and uplistings: Listing status desk.

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.