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VistaGen Therapeutics, Inc.

$0.24 -$0.44 (-65.10%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$0.24
Day Range
$0.23$0.24
Year Range
$0.2$5.14
Market Cap
10.52M
AVG Volume
3.06M
Trailing/Forward PE
-0.14/-
PEG ratio
-0.03
Dividend Yield
-
Next Earnings Date
2026-11-12
Primary Exchange
NASDAQUS
Revenue (USD)
-500K0500K1M1.5M2017201820192020202120222023202420252026
VTGN Revenue (USD) by year
PeriodRevenue (USD)
20261.27M
2025486K
20241.06M
2023-227.2K
20221.11M
20211.09M
20200
20190
20180
20171.25M
Net Income (USD)
-80M-60M-40M-20M02017201820192020202120222023202420252026
VTGN Net Income (USD) by year
PeriodNet Income (USD)
2026-69.69M
2025-51.42M
2024-29.36M
2023-59.25M
2022-47.76M
2021-17.93M
2020-20.77M
2019-24.59M
2018-14.35M
2017-10.26M
Operating Income (USD)
-80M-60M-40M-20M02017201820192020202120222023202420252026
VTGN Operating Income (USD) by year
PeriodOperating Income (USD)
2026-72.12M
2025-55.97M
2024-33.02M
2023-59.27M
2022-47.78M
2021-17.93M
2020-20.8M
2019-24.56M
2018-14.2M
2017-10.25M
EBITDA (USD)
-80M-60M-40M-20M02017201820192020202120222023202420252026
VTGN EBITDA (USD) by year
PeriodEBITDA (USD)
2026-69.39M
2025-50.78M
2024-32.16M
2023-58.71M
2022-47.05M
2021-17.53M
2020-20.65M
2019-25.85M
2018-13.56M
2017-14.67M
Cash Flows (USD)
-80M-60M-40M-20M02017201820192020202120222023202420252026
VTGN Cash Flows (USD) by year
PeriodCash Flows (USD)
2026-66.5M
2025-42.19M
2024-26.09M
2023-49.93M
2022-45.46M
2021-12.35M
2020-15.76M
2019-14.7M
2018-9.06M
2017-7.5M
EPS (USD)
-60-40-2002017201820192020202120222023202420252026
VTGN EPS (USD) by year
PeriodEPS (USD)
2026-1.87
2025-1.67
2024-2.38
2023-8.54
2022-7.2
2021-6.55
2020-14.35
2019-26.1
2018-34.55
2017-41.5
Expenses (USD)
020M40M60M80MR&DSG&ACapex2017201820192020202120222023202420252026
VTGN Expenses (USD) by year
PeriodExpenses (USD)
202673.27M
202556.55M
202434.15M
202359.33M
202248.86M
202119.44M
202019.97M
201926.06M
201813.64M
201715.79M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt2017201820192020202120222023202420252026
VTGN Cash & Debt (USD) by year
PeriodCash & Debt (USD)
202645.4M
202580.48M
2024119.17M
202316.64M
202268.14M
2021103.11M
20201.36M
201913.1M
201810.38M
20172.92M
Debt ratios
-0.500.511.520192020202120222023202420252026
VTGN Debt ratios by year
PeriodDebt ratios
20260.21
20250.42
20240.75
20230.1
20220.59
20211.28
2020-0.04
20190.13
Margins
0%25%50%75%100%2017202120222023202420252026
VTGN Margins by year
PeriodMargins
202671.81%
2025100%
2024100%
2023100%
2022100%
202197.67%
2017100%
Return on Capital
-2000%-1000%0%1000%2017201820192020202120222023202420252026
VTGN Return on Capital by year
PeriodReturn on Capital
2026-196.19%
2025-73.05%
2024-25.69%
2023-490.46%
2022-73.8%
2021-19.5%
2020362.59%
2019-347.55%
2018-207.41%
2017-1665.39%
Shares Outstanding
010M20M30M40M2017201820192020202120222023202420252026
VTGN Shares Outstanding by year
PeriodShares Outstanding
202639.62M
202530.71M
202427.03M
20237.16M
20226.88M
20214.83M
20201.57M
20191.17M
2018757.25K
2017286.08K
Book Value Per Share (USD)
-10010202017201820192020202120222023202420252026
VTGN Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20260.9
20252.29
20244.23
20231.69
20229.41
202119.05
2020-3.65
20196.07
20189.13
20172.15
Total Assets (USD)
050M100M150M2017201820192020202120222023202420252026
VTGN Total Assets (USD) by year
PeriodTotal Assets (USD)
202648.56M
202584.34M
2024123.65M
202321.09M
202274.64M
2021108.28M
20205.77M
201914.01M
201811.28M
20173.71M
Employee Count
02040602017201820192020202120222023202420252026
VTGN Employee Count by year
PeriodEmployee Count
202641
202556
202439
202333
202236
202121
20209
20199
20189
20179
Free Cash Flow Yield
-800%-600%-400%-200%0%med -54.02%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
VTGN Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-611.58%
Sep 26-596.97%
Aug 26-573.13%
Aug 26-594.03%
Aug 26-541.64%
Aug 26-583.61%
Jul 26-696.46%
Jul 26-741.37%
Jul 26-732.31%
Jul 26-650.56%
Jul 26-674.35%
Jun 26-239.1%
Jun 26-250.44%
Jun 26-248.41%
Jun 26-263.16%
May 26-227.19%
May 26-221.22%
May 26-229.05%
May 26-234.45%
May 26-228.72%
Apr 26-241%
Apr 26-228.03%
Apr 26-255.41%
Apr 26-244%
Mar 26-251.42%
Mar 26-235.03%
Mar 26-235.69%
Mar 26-235.53%
Feb 26-244.25%
Feb 26-256%
Feb 26-283.09%
Feb 26-264.03%
Jan 26-266.4%
Jan 26-230.37%
Jan 26-224.02%
Jan 26-225.27%
Jan 26-219%
Dec 25-204.15%
Dec 25-191.18%
Dec 25-34.99%
Dec 25-34.34%
Nov 25-30.35%
Nov 25-32.4%
Nov 25-39.13%
Nov 25-39.39%
Oct 25-39.89%
Oct 25-38.62%
Oct 25-38.81%
Oct 25-39%
Oct 25-43.06%
Sep 25-44.52%
Sep 25-52.74%
Sep 25-46.36%
Sep 25-44.27%
Aug 25-47.06%
Aug 25-49.58%
Aug 25-47.48%
Aug 25-52.92%
Aug 25-47.04%
Jul 25-44.6%
Jul 25-53.87%
Jul 25-57.71%
Jul 25-68.68%
Jun 25-69.72%
Jun 25-68.68%
Jun 25-57.84%
Jun 25-54.17%
May 25-49.55%
May 25-53.04%
May 25-51.97%
May 25-57.07%
May 25-53.71%
Apr 25-57.58%
Apr 25-60.59%
Apr 25-60.3%
Apr 25-54.4%
Mar 25-49.36%
Mar 25-45.82%
Mar 25-47.35%
Mar 25-46.32%
Feb 25-47.35%
Feb 25-43.63%
Feb 25-43.04%
Feb 25-39.22%
Jan 25-38.13%
Jan 25-37.36%
Jan 25-37.74%
Jan 25-37.11%
Jan 25-33%
Dec 24-42.88%
Dec 24-44.08%
Dec 24-45.35%
Dec 24-42.39%
Nov 24-38.81%
Nov 24-42.72%
Nov 24-41.9%
Nov 24-35.1%
Nov 24-30.58%
Oct 24-31.6%
Oct 24-30.98%
Price to Sales
0100200300med 97.42Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
VTGN Price to Sales by year
PeriodPrice to Sales
Sep 264.07
Sep 264.17
Aug 264.34
Aug 264.19
Aug 264.6
Aug 268.97
Jul 267.52
Jul 267.06
Jul 267.15
Jul 268.05
Jul 267.76
Jun 2621.9
Jun 2620.91
Jun 2630.8
Jun 2629.08
May 2633.68
May 2634.59
May 2633.41
May 2632.64
May 2633.46
Apr 2631.75
Apr 2633.56
Apr 2629.96
Apr 2631.36
Mar 2630.44
Mar 2632.56
Mar 2632.47
Mar 2632.49
Feb 2631.33
Feb 2629.89
Feb 2627.03
Feb 2627.93
Jan 2627.68
Jan 2632.01
Jan 2632.91
Jan 2632.73
Jan 2633.67
Dec 2536.12
Dec 2538.57
Dec 25210.73
Dec 25214.69
Nov 25242.96
Nov 25227.58
Nov 25188.41
Nov 25197.22
Oct 25194.75
Oct 25201.17
Oct 25200.18
Oct 25199.2
Oct 25180.41
Sep 25174.48
Sep 25147.3
Sep 25167.56
Sep 25175.47
Aug 25165.09
Aug 25156.69
Aug 25163.61
Aug 25146.8
Aug 25184.52
Jul 25194.63
Jul 25161.14
Jul 25150.4
Jul 25126.39
Jun 25124.49
Jun 25126.39
Jun 2597.2
Jun 25103.79
May 25113.47
May 25105.99
May 25108.19
May 2598.52
May 25104.67
Apr 2597.64
Apr 2592.8
Apr 2593.24
Apr 25103.36
Mar 25113.91
Mar 25122.71
Mar 25118.75
Mar 25121.39
Feb 25118.75
Feb 25128.86
Feb 25130.62
Feb 2598.29
Jan 25101.09
Jan 25103.19
Jan 25102.14
Jan 25103.89
Jan 25116.83
Dec 2489.9
Dec 2487.45
Dec 2485
Dec 2490.95
Nov 2499.34
Nov 2490.25
Nov 2492
Nov 24109.84
Nov 2498.05
Oct 2494.9
Oct 2496.79
Price to Book
0123med 0.86Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
VTGN Price to Book by year
PeriodPrice to Book
Sep 260.42
Sep 260.43
Aug 260.44
Aug 260.43
Aug 260.47
Aug 260.32
Jul 260.27
Jul 260.25
Jul 260.26
Jul 260.29
Jul 260.28
Jun 260.78
Jun 260.75
Jun 260.48
Jun 260.45
May 260.52
May 260.54
May 260.52
May 260.51
May 260.52
Apr 260.49
Apr 260.52
Apr 260.46
Apr 260.49
Mar 260.47
Mar 260.51
Mar 260.5
Mar 260.5
Feb 260.49
Feb 260.46
Feb 260.42
Feb 260.3
Jan 260.3
Jan 260.35
Jan 260.36
Jan 260.36
Jan 260.37
Dec 250.39
Dec 250.42
Dec 252.29
Dec 252.33
Nov 252.64
Nov 252.47
Nov 252.05
Nov 252.24
Oct 252.22
Oct 252.29
Oct 252.28
Oct 252.27
Oct 252.05
Sep 251.99
Sep 251.68
Sep 251.91
Sep 252
Aug 251.88
Aug 251.78
Aug 251.86
Aug 251.67
Aug 251.27
Jul 251.34
Jul 251.11
Jul 251.04
Jul 250.87
Jun 250.86
Jun 250.87
Jun 250.84
Jun 250.89
May 250.98
May 250.91
May 250.93
May 250.85
May 250.9
Apr 250.84
Apr 250.8
Apr 250.8
Apr 250.89
Mar 250.98
Mar 251.06
Mar 251.02
Mar 251.04
Feb 251.02
Feb 251.11
Feb 251.12
Feb 250.93
Jan 250.95
Jan 250.97
Jan 250.96
Jan 250.98
Jan 251.1
Dec 240.85
Dec 240.82
Dec 240.8
Dec 240.86
Nov 240.94
Nov 240.85
Nov 240.87
Nov 241.03
Nov 240.91
Oct 240.88
Oct 240.9
VistaGen Therapeutics, Inc.
VTGN
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News: VTGN

Vistagen to Present at Psych Congress 2026

globenewswire.com · 10 Sep 2026

Vistagen to Present at Psych Congress 2026

Poster presentation highlights positive efficacy signal for fasedienol nasal spray in study participants with very severe social anxiety disorder Poster presentation highlights positive efficacy signal for fasedienol nasal spray in study participants with very severe social anxiety disorder

Vistagen Reports Fiscal Year 2027 First Quarter Financial Results and Corporate Update

globenewswire.com · 14 Aug 2026

Vistagen Reports Fiscal Year 2027 First Quarter Financial Results and Corporate Update

Exploratory analyses of patients with very severe social anxiety disorder demonstrated nominally statistically significant improvement in recently reported clinical studies

Vistagen Announces Topline Results for Repeat Dose Study of Fasedienol for Acute Treatment of Social Anxiety Disorder

globenewswire.com · 6 Aug 2026

Vistagen Announces Topline Results for Repeat Dose Study of Fasedienol for Acute Treatment of Social Anxiety Disorder

Repeat dose of fasedienol demonstrated favorable safety and tolerability similar to single dose Efficacy signals were observed across primary and secondary endpoints in repeat dose and single dose Prespecified analysis of patients with very severe social anxiety disorder demonstrated nominally statistically significant improvement Efficacy signals and responder analyses provide additional supportive evidence for discussion with the FDA regarding fasedienol registrational pathway SOUTH SAN FRANCISCO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Vistagen (Nasdaq: VTGN), a late clinical-stage biopharmaceutical company pioneering neuroscience with nose-to-brain neurocircuitry to develop and commercialize a new class of intranasal product candidates called pherines, today announced the topline results of its exploratory Phase 2 repeat dose study evaluating fasedienol nasal spray in adult subjects with social anxiety disorder.

SRX Global Acquires Stake in Vistagen Therapeutics (NASDAQ: VTGN)

globenewswire.com · 4 Aug 2026

SRX Global Acquires Stake in Vistagen Therapeutics (NASDAQ: VTGN)

NORTH PALM BEACH, Fla., Aug. 04, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today announced that it has acquired a stake in Vistagen Therapeutics, Inc. (Vistagen) (NASDAQ: VTGN), a late clinical-stage biopharmaceutical company pioneering neuroscience with nose-to-brain neurocircuitry to develop and commercialize a new class of intranasal product candidates called pherines.

Vistagen Appoints Douglas J. Williamson to its Board of Directors

globenewswire.com · 31 Jul 2026

Vistagen Appoints Douglas J. Williamson to its Board of Directors

SOUTH SAN FRANCISCO, Calif., July 31, 2026 (GLOBE NEWSWIRE) -- Vistagen (Nasdaq: VTGN), a late clinical-stage biopharmaceutical company pioneering neuroscience with nose-to-brain neurocircuitry to develop and commercialize a new class of intranasal product candidates called pherines, today announced the appointment of Douglas J.

Vistagen Therapeutics, Inc. (VTGN) Discusses PALISADE-4 Phase III Results and Post-Hoc Analyses in Social Anxiety Disorder Transcript

seekingalpha.com · 30 Jun 2026

Vistagen Therapeutics, Inc. (VTGN) Discusses PALISADE-4 Phase III Results and Post-Hoc Analyses in Social Anxiety Disorder Transcript

Vistagen Therapeutics, Inc. (VTGN) Discusses PALISADE-4 Phase III Results and Post-Hoc Analyses in Social Anxiety Disorder Transcript

Penny Stock Vistagen Keeps Regulatory Plans Alive Despite Anxiety Study Miss

benzinga.com · 30 Jun 2026

Penny Stock Vistagen Keeps Regulatory Plans Alive Despite Anxiety Study Miss

Vistagen Inc. (NASDAQ:VTGN) on Monday reported that its Phase 3 PALISADE-4 trial of intranasal fasedienol for the acute treatment of social anxiety disorder did not meet its primary endpoint in the overall study population.

Vistagen Announces Topline and Post-Hoc Data from PALISADE-4 Phase 3 Public Speaking Challenge Trial of Fasedienol for the Acute Treatment of Social Anxiety Disorder

businesswire.com · 30 Jun 2026

Vistagen Announces Topline and Post-Hoc Data from PALISADE-4 Phase 3 Public Speaking Challenge Trial of Fasedienol for the Acute Treatment of Social Anxiety Disorder

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Vistagen (Nasdaq: VTGN), a late clinical-stage biopharmaceutical company pioneering neuroscience with nose-to-brain neurocircuitry to develop and commercialize a new class of intranasal product candidates called pherines, today announced the topline results of the PALISADE-4 Phase 3 trial of intranasal fasedienol for the acute treatment of social anxiety disorder. PALISADE-4 was a U.S. multi-center, randomized, double-blind, placebo-controlled Phase.

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