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ETON Eton Pharmaceuticals Inc.

Health Care, filed as ETON PHARMACEUTICALS INC (COM), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

Bought by 1 manager in 2026 Q2

  • 2 Owners
  • Max 9.4%
  • $105M
  • 1 add

In 2026 Q2 Polen Capital Management added to Eton Pharmaceuticals.

Who owns this now

Largest portfolio weights among holders, up to 9.4% (James Silverman, Opaleye Management). Not free-float ownership.

  1. James Silverman 9.4%
  2. Polen Capital Management Add 0.01%

Who owns ETON

Sorted by value, long equity only, as of 2026 Q2.

History
James Silverman, Opaleye Management 9.4% Hold 2,860,000 $104M History
Polen Capital Management 0.01% Add +50.6% 45,379 $1.6M History

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by ETON's executives, directors and 10% owners in the last 12 months, from their Form 4s

All ETON insider trades
  • None no insider bought on the open market
  • $25.4M sold by 5 insiders outside a trading plan
  • None no planned (10b5-1) sales
  1. David Krempa Chief Business Officer
    Sale
    $229K 4,166 shares at $55.07 8.8% of stake
    Traded Oct 6 Filed Oct 6
  2. Paul V Maier Director
    Sale
    $3M 50,000 shares at $59.07 46% of stake
    Traded Aug 28 Filed Aug 31
  3. David Krempa Chief Business Officer
    Sale
    $1.6M 25,000 shares at $65.07 40% of stake
    Traded Aug 24 Filed Aug 24
  4. Sean Brynjelsen CEO
    Sale
    $6.1M 100,000 shares at $60.88 9.4% of stake
    Traded Aug 19–20 Filed Aug 20
  5. Opaleye Management Inc. 10% owner
    Sale
    $1.1M 28,315 shares at $37.54 41% of stake
    Traded Jul 14 Filed Jul 17
  6. Opaleye Management Inc. 10% owner
    Sale
    $4.8M 126,685 shares at $37.64 70% of stake
    Traded Jul 2–7 Filed Jul 7
  7. Jennifer McKie Adams Director
    Sale
    $1.6M 50,000 shares at $32.48 100% of stake
    Traded Jun 17 Filed Jun 17
  8. Sean Brynjelsen CEO
    Sale
    $3.8M 120,000 shares at $31.88 13% of stake
    Traded May 28 Filed May 29
  9. David Krempa Chief Business Officer
    Sale
    $3.2M 100,000 shares at $32.30 80% of stake
    Traded May 22–27 Filed May 27

Also filed in the last 12 months, not counted as buying or selling: 16 option exercises and 7 share withholdings for taxes.

SEC filings

Recent issuer filings from EDGAR, 17 shown.

Filed Form Detail Links
8-K 1.01,2.01,9.01
8-K 8.01,9.01
8-K 2.02,9.01
10-Q FORM 10-Q
8-K 1.01,2.01,9.01
8-K 5.02
8-K 8.01,9.01
SCHEDULE 13G/A —
8-K 5.07
8-K 1.01,2.01,9.01
8-K 2.02,9.01
10-Q FORM 10-Q
8-K 8.01,9.01
8-K 8.01,9.01
DEF 14A FORM DEF 14A
8-K 5.02,7.01,9.01
8-K 1.01,2.03,9.01

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025
Revenue $31.64M $39.01M $79.95M
Gross profit $21.06M $23.41M $42.74M
Gross margin * 66.6% 60.0% 53.5%
Net income -$0.936M -$3.82M -$4.6M
Net margin * -3.0% -9.8% -5.8%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $26.84M $41.02M $60.58M
Total non-current assets * $4.9M $35.1M $31.53M
Total assets $31.74M $76.12M $92.11M
Total current liabilities $16.24M $19.95M $38.49M
Total non-current liabilities * $0.022M $31.75M $27.47M
Total equity $15.48M $24.43M $26.15M

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations $6.82M $0.969M $10.52M
Cash from investing -$0.775M -$40.01M -$0.333M
Cash from financing -$0.957M $32.59M $0.815M
Net change in cash $5.08M -$6.45M $11.01M

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.