Skye Bioscience, Inc.

Skye Bioscience, Inc.verified

SKYE

Price:

$1.21

Market Cap:

$38.77M

Skye Bioscience, Inc., a biopharmaceutical company, discovers, develops, and commercializes cannabinoid-based molecules for the treatment of infectious diseases. The company's lead product candidate is SBI-100, which is in Phase I trials for the treatment of glaucoma and ocular hypertension. It is also developing SBI-200 that is in preclinical trials to treat and manage various eye diseases, including uveitis, dry eye syndrome, macular degeneration and diabetic retinopathy. The company was formerly known as Emerald Bioscience, Inc. and changed its name to Skye Bioscience, Inc. in January 2021. Skye Bioscience, Inc. was founded in 2012 and is headquartered in San Diego, California.

Industry

Biotechnology

IPO Date

2014-11-26

Stock Exchange

NASDAQ

Ticker

SKYE

The Enterprise Value as of December 2025 (TTM) for Skye Bioscience, Inc. (SKYE) is 15.30M

According to Skye Bioscience, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 15.30M. This represents a change of -78.82% compared to the average of 72.26M of the last 4 quarters.

Skye Bioscience, Inc. (SKYE) Historical Enterprise Value (quarterly & annually)

How has SKYE Enterprise Value performed in the past?

The mean historical Enterprise Value of Skye Bioscience, Inc. over the last ten years is 17.59M. The current 15.30M Enterprise Value has changed 8.60% with respect to the historical average. Over the past ten years (40 quarters), SKYE's Enterprise Value was at its highest in in the March 2024 quarter at 318.53M. The Enterprise Value was at its lowest in in the March 2018 quarter at 2.33M.

Quarterly (TTM)
Annual

Average

17.59M

Median

11.48M

Minimum

4.56M

Maximum

52.09M

Skye Bioscience, Inc. (SKYE) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Skye Bioscience, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.04%

Maximum Annual Enterprise Value = 52.09M

Minimum Annual Increase = -89.36%

Minimum Annual Enterprise Value = 4.56M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202435.30M57.47%
202322.42M158.42%
20228.67M-39.30%
202114.29M73.05%
20208.26M-48.32%
201915.98M-69.32%
201852.09M1.04%
20174.56M-19.32%
20165.66M-34.49%
20158.64M-89.36%

Skye Bioscience, Inc. (SKYE) Average Enterprise Value

How has SKYE Enterprise Value performed in the past?

The current Enterprise Value of Skye Bioscience, Inc. (SKYE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

22.13M

5-year avg

17.79M

10-year avg

17.59M

Skye Bioscience, Inc. (SKYE) Enterprise Value vs. Peers

How is SKYE’s Enterprise Value compared to its peers?

Skye Bioscience, Inc.’s Enterprise Value is less than Aligos Therapeutics, Inc. (26.21M), greater than Xilio Therapeutics, Inc. (-57598257.00), less than Mersana Therapeutics, Inc. (83.22M), less than INmune Bio, Inc. (23.33M), greater than X4 Pharmaceuticals, Inc. (6.31M), less than Kezar Life Sciences, Inc. (20.85M), greater than Barinthus Biotherapeutics plc (-33263316.00), less than LAVA Therapeutics N.V. (19.39M), greater than PDS Biotechnology Corporation (-26077209422.00), less than CEL-SCI Corporation (51.39M),

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