Foreign exchangemixed · 1 filings
“These losses were partially offset by a $0.5 million non-cash gain related to unrealized foreign exchange revaluation.”10-Q · May 12, 2026 ↗
AtaiBeckley Inc.
ATAI
Market read
AtaiBeckley Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Company+0.7% todayVolume comparison unavailable
Market group0 of 7 activeGovernment Services & Retail · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- ATAI's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if ATAI's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- ATAI's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods2
Price observations319
Usable filing statements50
Verified relationships3
Evidence supporting the case
- Latest annual revenue changed +1227.6% year over year.
- Operating margin changed +17590.2 percentage points in the latest annual period.
- Net margin changed +32321.9 percentage points in the latest annual period.
Evidence challenging the case
- Diluted shares increased 41.4% in the latest annual period.
Questions before a position
- EV/sales is 2516% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
7.356m+102.5%12m+60.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2024-12-31$308,000—$-0.93—
2025-12-31$4.1M+1227.6%$-2.91+41.4%
What management says matters
Persistent and emerging business drivers
Product pipeline and R&Dnegative · 1 filings
“Discovery The $0.1 million net decrease in discovery costs was primarily due to a $0.6 million reduction in our research and development expenses related to our discovery program as certain expenses qualified for reimbursement under our National Health Instit…”10-Q · May 12, 2026 ↗
Restructuring and cost reductionsnegative · 1 filings
“Other Programs The $2.7 million decrease in direct costs for our other programs was primarily due to a $1.9 million decrease in direct costs for our RL-007 program as a result of a decrease in clinical development and related costs for our Phase 2b clinical t…”10-Q · May 12, 2026 ↗
Supply chain and availabilitynegative · 1 filings
“Adjustments resulting from translating foreign functional currency financial statements into U.S.”10-Q · May 12, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 407.2× · EV/sales 386.3×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Fewer than 4 annual revenue periods; too little history to scaffold scenarios.
Price action
How the market is pricing the story
7.35+0.7% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ATAI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for ATAI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind ATAI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
HTGCHercules Capital, Inc.lenderMay 12, 2026 ▾
“Term Loan Hercules Loan and Security Agreement In August 2022, the Company and certain subsidiaries, as guarantors, and Hercules Capital, Inc., a Maryland corporation (“Hercules”), entered into a Loan and Security Agreement (as amended, the “Hercules Loan Agr…”
Depended on by
DFTXDefinium Therapeutics, Inc.competitorFeb 26, 2026 ▾
“A number of companies are developing product candidates with similar mechanisms to DT120 that are intended for the treatment of anxiety and depressive disorders, including AtaiBeckley Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ATAI is currently a Early Follower in the organic co-movement group Government Services & Retail. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for ATAI; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.