Canton Strategic Holdings Inc logo

Canton Strategic Holdings Inc

CNTN

NASDAQHealthcareBiotechnology

Previous close

$2.19

−$0.02 · -0.90%

Aug 21, 4:00 PM ET

CNTN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

27

Expensive

Momentum

21

Weakening

Sentiment

53

Mixed

Risk resilience

28

High Risk

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Company profile

Company website

Canton Strategic Holdings Inc., which was formerly known as Tharimmune, Inc. until its name change in February 2026, focuses on two primary areas. The company is committed to promoting the institutional integration of blockchain technology and fostering the digitization of financial markets, primarily by leveraging Canton Coin and offering support to the Canton network. In addition to its blockchain initiatives, the company is also deeply involved in pharmaceutical research and development. Its pipeline includes GV104, a buccal film technology designed to address respiratory and/or nervous system depression in military personnel and chemical incident responders, which has already finished its Phase 1 trial. Another significant project is GV023, an oral version of infliximab, engineered to resolve the key inconvenience of the standard intravenous treatment by eliminating the need for recurring infusions. Established in 2017, Canton Strategic Holdings Inc. is headquartered in Red Bank, New Jersey.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Mark Wendland
Listed since
Jan 12, 2022
Employees
12

Market position

Day range

Current $2.19

52-week range

Current $2.19

Open
$2.15
Previous close
$2.21
Volume
744.7K
0.89× average
Average volume
832.93K
Average daily volume
Market cap
168.9M USD
Beta
1.47
Market reference 1
50-day average
$2.3836
-8.12% below average
200-day average
$3.1312
-30.06% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
80.08M USD
P/E (TTM)
-1.39×
P/B (TTM)
1.04×
P/S (TTM)
112.91×
EV / EBITDA
-1.9×
Earnings yield
-36.99%
Free cash flow yield
-96.49%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
100.00%
Operating margin
-3595.17%
Net margin
-6559.27%
Return on equity
-9.03%
Return on assets
-6.92%
Return on invested capital
-3.32%

Financial health

Debt / equity
Current ratio
5.29×
Altman Z-score
0.15
Piotroski F-score
4 of 9

Financial statements

Income trends

Operating income

−20.11M USD-61.71%

Net income

−35.92M USD-194.45%
Income trends across reported periods1.16M USD−12.32M USD−25.8M USD−39.29M USDOperating income, FY2021: −3.21M USDOperating income, FY2022: −6.88M USDOperating income, FY2023: −9.46M USDOperating income, FY2024: −12.43M USDOperating income, FY2025: −20.11M USDNet income, FY2021: −2.21M USDNet income, FY2022: −8.47M USDNet income, FY2023: −9.32M USDNet income, FY2024: −12.2M USDNet income, FY2025: −35.92M USDFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −3.21M USD. Operating income FY2022 −6.88M USD. Operating income FY2023 −9.46M USD. Operating income FY2024 −12.43M USD. Operating income FY2025 −20.11M USD. Net income FY2021 −2.21M USD. Net income FY2022 −8.47M USD. Net income FY2023 −9.32M USD. Net income FY2024 −12.2M USD. Net income FY2025 −35.92M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Research and development3.07M USD6.39M USD3.56M USD2.28M USD1.84M USD
Selling, general, and administrative17.03M USD6.04M USD5.9M USD4.6M USD1.37M USD
Operating expenses20.11M USD12.43M USD9.46M USD6.88M USD3.21M USD
Interest income41.41K USD249.91K USD152.63K USD
Interest expense28.35K USD13.68K USD16.51K USD1.59M USD831.28K USD
Depreciation and amortization24.83K USD152.63K USD228.49K USD
Operating income−20.11M USD−12.43M USD−9.46M USD−6.88M USD−3.21M USD
Net income−35.92M USD−12.2M USD−9.32M USD−8.47M USD−2.21M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
33%
2 beats, 4 misses, 0 met estimates
Average EPS surprise
-62.84%
6 comparable reports
Latest EPS result
0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.91-26.44-59.8-93.15Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26No estimateQ3 '26No estimateQ4 '26Estimate
Q1 2025, reported Mar 25, 2025: actual -2.02, estimate -1.53, surprise -32.03%, Miss. Q2 2025, reported May 12, 2025: actual -0.99, estimate -0.84, surprise -17.86%, Miss. Q3 2025, reported Aug 14, 2025: actual -0.64, estimate -0.58, surprise -10.34%, Miss. Q4 2025, reported Nov 12, 2025: actual -0.34, estimate -0.43, surprise +20.93%, Beat. Q1 2026, reported Mar 31, 2026: actual -2.02, estimate -0.42, surprise -380.95%, Miss. Q2 2026, reported May 13, 2026: actual -0.17, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 0.01, estimate —, surprise —, Comparison unavailable. Q4 2026, reported Dec 2, 2026: actual —, estimate -86.25, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.62M1.54M1.46M1.38MQ3 '26No estimateQ4 '26Estimate
Q3 2026, reported Aug 14, 2026: actual 1.5M USD, estimate —, surprise —, Comparison unavailable. Q4 2026, reported Dec 2, 2026: actual —, estimate 1.5M USD, surprise —, Comparison unavailable.

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