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Side-by-side financial comparison of Dermata Therapeutics, Inc. (DRMA) and LISATA THERAPEUTICS, INC. (LSTA). Click either name above to swap in a different company.

LISATA THERAPEUTICS, INC. is the larger business by last-quarter revenue ($100.0K vs $92.8K, roughly 1.1× Dermata Therapeutics, Inc.). On growth, Dermata Therapeutics, Inc. posted the faster year-over-year revenue change (531.8% vs -90.0%).

Dermata Therapeutics, Inc. is a clinical-stage biopharmaceutical firm developing novel targeted therapies for dermatological diseases including acne, psoriasis and inflammatory skin disorders. It serves U.S. patients and healthcare providers, advancing pipeline candidates through trials to address unmet dermatological care needs.

Lisata Therapeutics is an American clinical stage pharmaceutical company active in the field of oncology, specifically aimed at developing and commercializing new cancer therapies. It was formed through a merger of Cend Therapeutics and Caladrius Biosciences in September 2022.

DRMA vs LSTA — Head-to-Head

Bigger by revenue
LSTA
LSTA
1.1× larger
LSTA
$100.0K
$92.8K
DRMA
Growing faster (revenue YoY)
DRMA
DRMA
+621.8% gap
DRMA
531.8%
-90.0%
LSTA

Income Statement — Q3 FY2023 vs Q4 FY2025

Metric
DRMA
DRMA
LSTA
LSTA
Revenue
$92.8K
$100.0K
Net Profit
$-1.7M
Gross Margin
Operating Margin
-1953.3%
Net Margin
-1853.3%
Revenue YoY
531.8%
-90.0%
Net Profit YoY
29.1%
35.9%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DRMA
DRMA
LSTA
LSTA
Q4 25
$100.0K
Q3 25
$0
Q2 25
$70.0K
Q1 25
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Q3 23
$92.8K
Net Profit
DRMA
DRMA
LSTA
LSTA
Q4 25
Q3 25
$-4.2M
Q2 25
$-4.7M
Q1 25
$-4.7M
Q3 24
$-4.9M
Q2 24
$-5.0M
Q1 24
$-5.4M
Q3 23
$-1.7M
Operating Margin
DRMA
DRMA
LSTA
LSTA
Q4 25
Q3 25
Q2 25
-6954.3%
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
-1953.3%
Net Margin
DRMA
DRMA
LSTA
LSTA
Q4 25
Q3 25
Q2 25
-6655.7%
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
-1853.3%
EPS (diluted)
DRMA
DRMA
LSTA
LSTA
Q4 25
Q3 25
$-0.49
Q2 25
$-0.54
Q1 25
$-0.55
Q3 24
$-0.59
Q2 24
$-0.61
Q1 24
$-0.65
Q3 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DRMA
DRMA
LSTA
LSTA
Cash + ST InvestmentsLiquidity on hand
$6.6M
$16.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.4M
$14.9M
Total Assets
$7.3M
$17.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DRMA
DRMA
LSTA
LSTA
Q4 25
$16.0M
Q3 25
$19.0M
Q2 25
$16.8M
Q1 25
$20.2M
Q3 24
$19.5M
Q2 24
$28.3M
Q1 24
$21.8M
Q3 23
$6.6M
Stockholders' Equity
DRMA
DRMA
LSTA
LSTA
Q4 25
$14.9M
Q3 25
$17.4M
Q2 25
$21.0M
Q1 25
$25.4M
Q3 24
$33.7M
Q2 24
$38.2M
Q1 24
$43.0M
Q3 23
$6.4M
Total Assets
DRMA
DRMA
LSTA
LSTA
Q4 25
$17.7M
Q3 25
$21.8M
Q2 25
$25.2M
Q1 25
$29.0M
Q3 24
$38.2M
Q2 24
$42.6M
Q1 24
$48.2M
Q3 23
$7.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DRMA
DRMA
LSTA
LSTA
Operating Cash FlowLast quarter
$-15.9M
Free Cash FlowOCF − Capex
$-16.0M
FCF MarginFCF / Revenue
-15977.0%
Capex IntensityCapex / Revenue
28.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DRMA
DRMA
LSTA
LSTA
Q4 25
$-15.9M
Q3 25
$-3.3M
Q2 25
$-4.0M
Q1 25
$-5.4M
Q3 24
$-2.5M
Q2 24
$-5.3M
Q1 24
$-7.0M
Q3 23
Free Cash Flow
DRMA
DRMA
LSTA
LSTA
Q4 25
$-16.0M
Q3 25
Q2 25
Q1 25
$-5.4M
Q3 24
Q2 24
Q1 24
Q3 23
FCF Margin
DRMA
DRMA
LSTA
LSTA
Q4 25
-15977.0%
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Capex Intensity
DRMA
DRMA
LSTA
LSTA
Q4 25
28.0%
Q3 25
Q2 25
0.0%
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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