MEI Pharma, Inc.

MEI Pharma, Inc.

MEIP
MEI Pharma, Inc.US flagNASDAQ Capital Market
3.07
USD
+0.29
- -
20.45MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
12.63
0.78
1.38
6.09
6.18
6.54
7.33
9.8
- -
- -
Basic EPS, GAAP
-22.02
-27.06
-23.18
-12.13
1.45
-19.34
-4.73
-10.36
-7.34
-8.75
-4.78
2.67
- -
-2.39
Free Cash Flow per Basic Share
-19.84
-19.44
-19.91
-10.38
1.87
-10.15
-8.33
7.33
-5.81
-7.91
-7.88
-7.58
- -
-3.13
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.75
- -
- -
Book Value per Share
-189.55
-123.07
-110.72
-102.91
-94.71
-103.5
-65
-61.13
-56.82
-60.12
-60.93
-58.26
- -
-60.66
Tangible Book Value per Share
67.72
44.62
42.11
24
27.44
24.22
13.4
16.92
8.79
8.42
3.7
4.96
- -
2.54
Basic Weighted Avg Shares
1
1
1
2
2
2
4
5
6
6
7
7
- -
7
Sales/Revenue/Turnover
- -
- -
- -
- -
23
2
5
28
35
41
49
65
- -
- -
Operating Margin (%)
- -
- -
- -
- -
10.25
-1,762.39
-940.9
-92.58
-173.65
-185.48
-75.31
38.96
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-11
-27
-33
-21
3
-40
-17
-47
-41
-54
-32
18
-16
-16
Effective Tax Rate (%)
- -
- -
- -
- -
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
11.48
-2,470.28
-342.2
-169.96
-118.73
-133.8
-65.22
27.23
- -
- -
Working Capital
34
45
59
41
50
96
68
195
145
143
87
32
17
17
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
7
9
11
- -
- -
- -
Total Equity
35
45
60
42
51
50
48
77
49
52
25
33
17
17
Return on Invested Capital (%)
- -
- -
- -
- -
5.15
- -
- -
- -
- -
- -
- -
72.3
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-1.52
- -
- -
- -
- -
- -
- -
-4.55
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
16
15
16

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'25
Total Current Assets
24
21
18
Cash, Cash Equivalents & STI
24
20
18
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
1
1
Payables & Accruals
1
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.08%
-19.5%
-48.73%
Free Cash Flow
-124.28%
-40.63%
-58.71%
Net Income, GAAP
-199.49%
-73.53%
-189.69%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
9
33
6
1
49
2024
65
- -
- -
- -
65
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-2.49
1.54
-2.32
- -
-4.78
2024
8.46
-1.66
-1.37
- -
2.67
2025
-1.2
-0.4
-0.39
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
1.75
2025
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Justin J. File CPA
Full Time Employees
28
Sector
Healthcare
Industry
Biotechnology
Address
11455 El Camino Real San Diego CA United States of America 92130
IPO Date
Dec 18, 2003
Business
Lite Strategy, Inc. (NASDAQ: LITS), formerly MEI Pharma, Inc., operates as the first U.S.-listed public company to adopt Litecoin as its primary treasury reserve asset through active digital asset management strategies; it maintains a clinical-stage pharmaceutical pipeline focused on novel cancer therapies intended to overcome drug resistance mechanisms in combination with standard-of-care treatments. The company's core offerings encompass treasury management of Litecoin (LTC) holdings, currently comprising 929,548 LTC tokens acquired at an average price of $107.58 and valued at approximately $110.4 million as of August 2025; pharmaceutical drug candidates including voruciclib, an oral cyclin-dependent kinase 9 (CDK9) inhibitor evaluated in combination with venetoclax for relapsed/refractory acute myeloid leukemia and explored preclinically for solid tumors, ME-344 (now WE-868, sold to Aardvark Therapeutics for obesity development), zandelisib, an oral selective PI3Kδ inhibitor, and eganelisib, an oral immuno-oncology macrophage reprogramming agent planned for Phase 2 trials in head and neck squamous cell carcinoma with pembrolizumab. Founded in 2000 and headquartered in San Diego, California, Lite Strategy targets institutional investors seeking compliant Litecoin exposure alongside oncology innovation, with operations centered in the United States. Recent developments include a $100 million private placement in July 2025 to initiate Litecoin accumulation in partnership with GSR and under guidance from Litecoin creator Charlie Lee, who joined the board; rebranding from MEI Pharma to Lite Strategy in September 2025 with a new ticker (LITS) and website (litestrategy.com); sale of the ME-344 asset; a $25 million share repurchase program announced in October 2025 to optimize LTC treasury value; and expansion into active capital market operations while evaluating remaining pharma assets.

Company News

MCPAPIChat
  • MEI Pharma, Inc. Rebrands as Lite Strategy, Inc., Adopts New NASDAQ Ticker ‘LITS'

  • BTC digital asset field continues to exert its strength, HASHJ launches Bitcoin cloud mining platform with "capital + technology" dual-driven mode

  • MEI Pharma Announces Closing of $100,000,000 Private Placement to Initiate Litecoin Treasury Strategy, Becoming First and Only Publicly Traded LTC Holder on a National Exchange

  • Why Is MEI Pharma Stock Soaring On Friday?

  • MEI Pharma Announces $100,000,000 Private Placement to Initiate Litecoin Treasury Strategy, Becoming First and Only Publicly Traded LTC Holder on a National Exchange

  • MEI Pharma Reports Third Quarter Fiscal Year 2025 Cash Position

  • MEI Pharma Reports Second Quarter Fiscal Year 2025 Cash Position

  • MEI Pharma Reports Fiscal Year End 2024 Cash Position

  • MEI Pharma to Consider Strategic Alternatives

  • 7 Undervalued Biotech Stocks to Buy for Big-Time Returns

  • National Bank of Canada FI Takes $36,000 Position in MEI Pharma, Inc. (NASDAQ:MEIP)

  • Glancy Prongay & Murray LLP Announces Investigation of MEI Pharma, Inc. (MEIP)

  • MEI Pharma Board of Directors Aligns on Strategy to Advance Voruciclib and ME-344

  • MEI Pharma Reports Initial Data from Clinical Study Evaluating ME-344 in Combination with Bevacizumab (Avastin®) in Relapsed Metastatic Colorectal Cancer Patients

  • MEI Pharma to Present at the Stifel 2024 Virtual Targeted Oncology Forum

  • Glancy Prongay & Murray LLP Announces Investigation of MEI Pharma, Inc. (MEIP)

  • MEI Pharma, Inc. (MEIP) Reports Q2 Loss, Misses Revenue Estimates

  • MEI Pharma Reports Second Quarter Fiscal Year 2024 Results and Operational Highlights

  • MEI Pharma to Present Design of Ongoing Clinical Study Evaluating ME-344 at ASCO GI Cancers Symposium 2024

  • Glancy Prongay & Murray LLP Announces Investigation of MEI Pharma, Inc. (MEIP)