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Companies / Healthcare / Lineage Cell Therapeutics, Inc.
LCTX

Lineage Cell Therapeutics, Inc.

HealthcareBiological Products
Ticker LCTXCARLSBAD, CAFiscal year ends DecemberBook value per share $0.23Diluted shares 261.5M

Lineage Cell Therapeutics, Inc. (NYSE American: LCTX) is a clinical-stage biotechnology company developing allogeneic cell replacement therapies to treat serious medical conditions caused by the loss or dysfunction of critical cellular activity. The company operates through its proprietary AlloSCOPE platform, which… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.56M
+53.2% year over year
Last 12 mo $13.08M
-251.57%
−25.5 percentage points
Last 12 mo -205.23%
$-63.53M
−241.4% year over year
Last 12 mo $-32.26M
-106.74%
−83 percentage points
Last 12 mo -52.96%
Cash & financing
$-18.92M
+18.1% year over year
Last 12 mo $-23.82M
$-19.44M
+17.8% year over year
Last 12 mo $-24.39M
0.00
Was 0.00× a year earlier
Last 12 mo 0.00
230.1M
+14.9% year over year
Last 12 mo 261.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Lineage Cell Therapeutics, Inc. does

In the company’s own words

Lineage Cell Therapeutics, Inc. (NYSE American: LCTX) is a clinical-stage biotechnology company developing allogeneic cell replacement therapies to treat serious medical conditions caused by the loss or dysfunction of critical cellular activity. The company operates through its proprietary AlloSCOPE platform, which enables the manufacturing of mature, differentiated replacement cells derived from pluripotent stem cell lines. Rather than administering stem cells directly to patients, Lineage manufactures specialized human cells with anatomical and physiological functions identical to naturally occurring cells, then transplants them to restore or enhance patient function.

The company's pipeline includes multiple programs at varying stages of development. OpRegen, its most clinically advanced asset, is an allogeneic retinal pigmented epithelial cell therapy in Phase 2a development under a worldwide collaboration with F. Hoffmann-La Roche Ltd. and Genentech, Inc. for treating geographic atrophy secondary to dry age-related macular degeneration. OPC1, an allogeneic oligodendrocyte progenitor cell therapy for spinal cord injury, represents the company's most advanced internally owned program and is currently in Phase 1 safety studies with a novel delivery device. Additional programs include ReSonance, an auditory neuron progenitor cell therapy in preclinical development under collaboration with William Demant Invest 2 Aps; ILT1, a research initiative for potential Type 1 Diabetes treatment; RND1, a hypoimmune induced pluripotent stem cell line developed with Factor Biosciences Limited; PNC1, a photoreceptor cell therapy research initiative; and LCT-CON, an undisclosed research program.

Lineage maintains corporate headquarters in Carlsbad, California, and operates a state-of-the-art cGMP manufacturing facility in Jerusalem, Israel, at the Jerusalem Bio Park on the Hadassah University Hospital campus. All current manufacturing operations, including cell banking and product manufacturing, are conducted through the company's subsidiary Cell Cure Neurosciences Ltd. The company has demonstrated the ability to complete cGMP production runs for multiple product candidates and successfully utilized manufactured cells in FDA-cleared clinical trials. The AlloSCOPE platform's application across multiple programs provides operational leverage and cost efficiency in pipeline expansion.

Company details
Sector
Healthcare
Industry
Biological Products
Headquarters
CARLSBAD, CA
Fiscal year end
December
CIK
876343
SIC
2836

Financial performance, year by year

Fiscal 2013–2025 · USD
$-73.24M$-44.11M$-14.98M$14.15M$43.28M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Lineage Cell Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

54
funds hold it
0 of 35
superinvestors hold it
$27.72M
held by funds, at market
8.3%
of shares held by funds

Largest fund holders · Lineage Cell Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.01%of fund net assets
iShares Biotechnology ETF
IBB · iShares Trust
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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