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Dermata Therapeutics (DRMA)
NASDAQ:DRMA
US Market
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Dermata Therapeutics (DRMA) AI Stock Analysis

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DRMA

Dermata Therapeutics

(NASDAQ:DRMA)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
$1.50
▲(13.64% Upside)
Action:Reiterated
Date:08/17/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and sustained cash burn with declining equity). Technical indicators add some support (price above key moving averages and positive MACD), while valuation remains unattractive/unclear due to negative earnings and no dividend. Corporate events modestly improve the outlook via fresh funding and an upcoming commercialization milestone, but they do not eliminate the underlying funding/cash-burn risk.
Positive Factors
Debt-Free Balance Sheet
A debt-free structure avoids interest expense and reduces solvency pressure while Dermata funds development and commercialization. This gives the company greater flexibility than a similarly loss-making biotech carrying material debt obligations.
Negative Factors
No Revenue and Persistent Losses
Dermata has yet to demonstrate product-market traction or operating leverage, with losses continuing across every reported period. Until commercialization produces meaningful sales, the business remains dependent on external capital and vulnerable to setbacks in execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free structure avoids interest expense and reduces solvency pressure while Dermata funds development and commercialization. This gives the company greater flexibility than a similarly loss-making biotech carrying material debt obligations.
Read all positive factors

Dermata Therapeutics (DRMA) vs. SPDR S&P 500 ETF (SPY)

Dermata Therapeutics Business Overview & Revenue Model

Company Description
Dermata Therapeutics, Inc. (DRMA) is a clinical-stage biotechnology company in the dermatology sector focused on developing and commercializing new treatments for skin diseases and aesthetic dermatology conditions. The company’s pipeline has inclu...
How the Company Makes Money
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Dermata Therapeutics Financial Statement Overview

Summary
Weak financial profile driven by no reported revenue and persistent losses (TTM net loss about $8.4M) alongside ongoing cash burn (TTM operating cash flow about -$8.0M; TTM free cash flow about -$8.1M). A key offset is the debt-free balance sheet, but equity has declined (TTM stockholders’ equity about $3.5M vs. ~$6.2M in 2025), limiting flexibility if losses persist.
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
9
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.00
EBITDA-8.49M-7.77M-12.29M247.22K-9.61M-7.86M
Net Income-8.37M-7.56M-12.29M-7.79M-9.61M-7.90M
Balance Sheet
Total Assets5.32M7.86M3.53M7.98M6.94M11.62M
Cash, Cash Equivalents and Short-Term Investments4.41M7.52M3.16M7.44M6.24M10.80M
Total Debt0.000.000.000.000.000.00
Total Liabilities1.83M1.64M1.97M1.62M922.63K1.52M
Stockholders Equity3.49M6.22M1.56M6.36M6.02M10.11M
Cash Flow
Free Cash Flow-8.14M-7.76B-11.16M-6.41M-8.83M-5.69M
Operating Cash Flow-8.03M-7.76B-11.16M-6.41M-8.83M-5.69M
Investing Cash Flow-110.67K0.000.000.000.000.00
Financing Cash Flow6.08M12.12B6.89M7.61M4.28M15.96M

Dermata Therapeutics Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.32
Price Trends
50DMA
1.28
Positive
100DMA
1.27
Positive
200DMA
1.68
Negative
Market Momentum
MACD
0.05
Negative
RSI
57.03
Neutral
STOCH
64.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DRMA, the sentiment is Positive. The current price of 1.32 is above the 20-day moving average (MA) of 1.27, above the 50-day MA of 1.28, and below the 200-day MA of 1.68, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 57.03 is Neutral, neither overbought nor oversold. The STOCH value of 64.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DRMA.

Dermata Therapeutics Risk Analysis

Dermata Therapeutics disclosed 87 risk factors in its most recent earnings report. Dermata Therapeutics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Dermata Therapeutics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
49
Neutral
$5.71M-0.37-127.91%88.77%
45
Neutral
$4.34M-0.16-107.66%95.51%
42
Neutral
$8.05M-0.10-251.51%78.16%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DRMA
Dermata Therapeutics
1.63
-4.20
-72.04%
REVB
Revelation Biosciences
1.10
-10.28
-90.33%
CERO
CERo Therapeutics Holdings
0.01
-7.85
-99.87%
PBM
Psyence Biomedical
4.22
-15.97
-79.10%
AZTR
Azitra Inc
0.15
-0.60
-79.97%

Dermata Therapeutics Corporate Events

Business Operations and StrategyPrivate Placements and Financing
Dermata Therapeutics Announces Private Placement to Fund DTC Pivot
Positive
Aug 17, 2026
On August 16, 2026, Dermata Therapeutics entered into definitive securities purchase agreements for a private placement of 2,293,608 shares of common stock or pre-funded warrants, along with Series E and short-term Series F warrants, priced at-the...
Business Operations and StrategyProduct-Related Announcements
Dermata Therapeutics Launches Tome Foundational Skincare Line
Positive
Aug 5, 2026
On August 5, 2026, Dermata Therapeutics, Inc. announced plans to launch its first commercial product, Tome Foundational Treatment, marking a strategic move into revenue-generating consumer skincare. The regimen-based set, comprising four once-week...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and FinancingShareholder Meetings
Dermata Therapeutics Shareholders Approve Equity Plan and Directors
Positive
May 27, 2026
On May 27, 2026, Dermata Therapeutics held its 2026 Annual Meeting of Stockholders, where shareholders approved an amendment to the company’s 2021 Omnibus Equity Incentive Plan, increasing the shares available for issuance to 402,214 and rea...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 17, 2026