
Company Updates ·
Emmaus reports lower first-quarter revenue and a wider net loss
Net revenues fell to $2.0 million as U.S. sales dropped 33%. The company reported a net loss of $3.3 million and cash of $1.1 million at March 31, 2026.
EMMA Emmaus Life Sciences, Inc.

Company Updates ·
Net revenues fell to $2.0 million as U.S. sales dropped 33%. The company reported a net loss of $3.3 million and cash of $1.1 million at March 31, 2026.
Henry H. Du, a certified public accountant and interim chief financial officer of Alpha Cognition, fills the board seat left by the resignation of Jon Kuwahara.
The company needs more time for the first audit by an accounting firm it retained in September 2024. It estimates a loss from operations of about $1.9 million for 2024.
Emmaus Life Sciences, Inc. is a commercial-stage biopharmaceutical company engaged in the discovery, development, marketing and sale of treatments primarily for rare and orphan diseases. Its only product, Endari, is a prescription grade L-glutamine oral powder that the FDA has approved to reduce the acute complications of sickle cell disease in adult and pediatric patients five years of age and older. Endari is also approved in the United Arab Emirates, Qatar, Kuwait, Bahrain and Oman, and an application in the Kingdom of Saudi Arabia is pending. Endari is sold in the US through nonexclusive distributors and in the Middle East and North Africa region through exclusive local distributors. In December 2025 the company entered a License and Exclusive Distribution Agreement with NeoImmuneTech, Inc. covering Endari in sickle cell disease in the US, its territories and Canada. That license becomes effective only when NIT obtains the necessary regulatory approvals and licensing. Endari is reimbursable by the Centers for Medicare and Medicaid Services.
| Product or program | What it is | Stage |
|---|---|---|
| Endari | L-glutamine oral powder to reduce acute complications of sickle cell disease | approved by the FDA |
| Line | FY2025 | FY2024 |
|---|---|---|
| Revenue | $12.5 million | $16.7 million |
| Research and development | $313,000 | $657,000 |
| Net income (loss) | -$7.5 million | -$6.5 million |
| Cash from operations | -$11,000 | -$2.3 million |
| Cash and equivalents | $2.1 million | $1.4 million |
Emmaus Life Sciences, Inc. trades under the ticker EMMA on OTC.
Emmaus Life Sciences, Inc. is listed on OTC.
The SEC Central Index Key (CIK) for Emmaus Life Sciences, Inc. is 822370. Its filings are on SEC EDGAR.
70,188,263 shares as of 2026-08-11, per the cover page of its 10-Q filed 2026-08-14.
Our directory records Emmaus Life Sciences, Inc. under United States.
Our directory classifies Emmaus Life Sciences, Inc. as: Pharmaceuticals: Major. This is a directory classification, not a description of the pipeline.
The ISIN recorded for Emmaus Life Sciences, Inc. is US29137T1016.
aibio.space lists Emmaus Life Sciences, Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
SEC records list its state or country of incorporation as DE.
Emmaus Life Sciences, Inc. is a commercial-stage biopharmaceutical company engaged in the discovery, development, marketing and sale of treatments primarily for rare and orphan diseases. Its only product, Endari, is a prescription grade L-glutamine oral powder that the FDA has approved to reduce the acute complications of sickle cell disease in adult and pediatric patients five years of age and older.
Endari: L-glutamine oral powder to reduce acute complications of sickle cell disease Stage: approved by the FDA.
$12.5 million for the fiscal year ended Dec 31, 2025, as reported to the SEC.
Emmaus Life Sciences, Inc. reported a net loss of $7.5 million for the fiscal year ended Dec 31, 2025, and used $11,000 of cash in operations, per its annual report to the SEC.
$313,000 in the fiscal year ended Dec 31, 2025, per its annual report.
$2.8 million in cash at Jun 30, 2026, per its 10-Q.
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