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Companies / Healthcare / Skye Bioscience, Inc.
SKYE

Skye Bioscience, Inc.

HealthcarePharmaceutical Preparations
Ticker SKYESAN DIEGO, CAFiscal year ends DecemberBook value per share $-0.01Diluted shares 39.7M

Skye Bioscience, Inc. (Nasdaq: SKYE) is a clinical-stage biotechnology company pioneering next-generation molecules that modulate G-protein-coupled receptors to treat obesity, overweight, and metabolic disorders. The company's website is www.skyebio.com. 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
—
0.00%
$-55.92M
−110.5% year over year
Last 12 mo $-50.49M
-279.29%
−240.3 percentage points
Last 12 mo 10153.20%
Cash & financing
$-43.06M
−70.6% year over year
Last 12 mo $-38.81M
$-43.07M
−60.5% year over year
Last 12 mo $-38.81M
—
Was 0.00× a year earlier
Last 12 mo -0.29
39.7M
+8.7% year over year
Last 12 mo 39.7M

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 Skye Bioscience, Inc. does

In the company’s own words

Skye Bioscience, Inc. (Nasdaq: SKYE) is a clinical-stage biotechnology company pioneering next-generation molecules that modulate G-protein-coupled receptors to treat obesity, overweight, and metabolic disorders. The company's website is www.skyebio.com.

The company's lead candidate, nimacimab, is a peripherally restricted negative allosteric modulating antibody targeting cannabinoid receptor 1, a key GPCR involved in metabolic regulation. Nimacimab was acquired through Skye's August 2023 acquisition of Bird Rock Bio, Inc., a privately held clinical-stage biotechnology company. As a humanized IgG4 antibody, nimacimab is designed to inhibit CB1 receptors outside the central nervous system while avoiding the neuropsychiatric side effects associated with previous CB1-targeting small molecules.

Skye's clinical development program for nimacimab includes the CBeyond Phase 2a proof-of-concept trial, which evaluated nimacimab as both a monotherapy and in combination with semaglutide in adults with obesity or overweight. The combination arm demonstrated clinically meaningful weight loss improvements compared to semaglutide alone, with enhanced lean mass preservation and reduced weight rebound post-treatment. The company initiated an expansion study in March 2026 to assess intravenous administration of nimacimab at higher doses.

The company does not own manufacturing facilities and relies on third-party contract manufacturing organizations to produce nimacimab under current good manufacturing practices. In December 2025, Skye entered into a collaboration and license agreement with Halozyme, Inc. to utilize Halozyme's ENHANZE drug delivery technology for developing a subcutaneous co-formulation with nimacimab.

Skye's intellectual property portfolio includes three granted U.S. patents and 30 granted foreign patents covering nimacimab compositions and methods of treatment, with expiration dates between 2035 and 2036. Additional pending patent applications covering therapeutic uses for obesity and metabolic conditions have expected expiration dates no earlier than 2045.

The company is classified as a smaller reporting company and is not a well-known seasoned issuer. Skye operates in the highly competitive obesity and metabolic disorders treatment market, competing against established pharmaceutical companies developing GLP-1 receptor agonists and other novel therapeutics.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1516551
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-61.62M$-44.53M$-27.44M$-10.34M$6.75M2013201420152016201720182019202020212022202320242025Last 12 moLast 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 Skye Bioscience, Inc. — and what changed

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

7
funds hold it
0 of 35
superinvestors hold it
$0.69M
held by funds, at market
2.7%
of shares held by funds

Largest fund holders · Skye Bioscience, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
0.00%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.

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