- Dermata announced the launch date of its first commercial product, Tome™ Foundational Treatment, expected on
- Dermata recently attended Be+Well Beauty and Wellness Show in
"Over the past year, we have transformed Dermata through a strategic pivot to become a commercial-stage, direct-to-consumer skincare company," commented
Corporate Highlights
Attended first trade show, Be+Well Beauty and Wellness Show in
Las Vegas announcing its Tome brand. InJune 2026 , the Dermata team exhibited at the Be+Well Beauty and Wellness Show to officially launch the Tome brand and provided attendees with more information on the upcoming launch of its Foundational Treatment. The Be+Well conference hosts thousands of esthetics, spa, and wellness professionals with over 400+ brands in attendance.
Began social media campaign for its new skincare brand, Tome. The Company recently unveiled the Tome brand's official social media presence as part of the Company's broader commercial launch strategy. These efforts are designed to increase brand awareness, engage prospective consumers, and support the successful ecommerce launch of the Company's first commercial skincare product, Tome Foundational Treatment, expected on
August 25, 2026 .
Anticipated Upcoming Milestones
Launch first direct-to-consumer (DTC) skincare product, Tome Foundational Treatment, expected on
August 25, 2026 . The Company has finished manufacturing and packaging for its Tome Foundational Treatment and is prepared for the upcoming commercial launch. The Company believes the Tome Foundational Treatment can be the base of any skincare routine, designed to renew the appearance of the skin and simplify skincare with a once-weekly application.
Continue development of a second DTC product. The Company is also working on its second skincare product, a once weekly, over-the-counter (OTC) topical treatment for acne, which is expected to launch sometime after its Foundational Treatment.
Second Quarter 2026 Financial Results
As of
Research and development expenses were
Selling, general and administrative expenses were
About
About Tome
Tome is Dermata's new skincare line focused on bringing about a new realm of skincare that is powerful, not punishing. Tome in its literal meaning is a large, important, scholarly book. Dermata intends to educate consumers with a brand that tells a skincare story rooted in science and history. Tome will consist of a line of skincare products incorporating its Bioneedle, utilizing Spongilla lacustris, a wild harvested, freshwater sponge that has evolved over millions of years, as the primary ingredient for consumers that are compelled by history and science to find the most potent products for their skincare routine. Dermata believes its Tome skincare line will simplify existing skincare routines with essential ingredients that deliver results, without the recovery associated with in-office treatments. Dermata expects to launch its first product, Tome Foundational Treatment, on August 25, 2026, with additional product launches planned to follow. Start your skincare story at www.tomeskincare.com.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are based on the Company's current beliefs and expectations and new risks may emerge from time to time. Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors including, but are not limited to, statements related to: Dermata's shift to prioritize DTC and OTC skincare products; the anticipated benefits of Dermata's strategic shift to prioritize DTC and OTC skincare products, including acceleration of its path to commercialization, reduction of regulatory burdens, and expansion into broader consumer markets; the success, cost, and timing of the launch of its planned or future DTC and OTC products, including the Tome Foundational Treatment; the expected timing and success of any planned or future DTC and OTC product launches; expectations for the success of the Company's products and their ability to generate revenue for the Company; the Company's expectations with regard to current cash and cash equivalents and the amount of time it will fund operations; and other factors described in the Company's filings with the Securities and Exchange Commission. These forward-looking statements are generally identified by the use of such words as "may," "could," "should," "would," "believe," "anticipate," "forecast," "estimate," "expect," "intend," "plan," "continue," "outlook," "will," "potential" and similar statements of a future or forward-looking nature. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the risks and uncertainties inherent in product development and commercialization. For a discussion of these and other factors, please refer to Dermata's filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are qualified in their entirety by this cautionary statement and Dermata undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof, except as required by law.
DERMATA THERAPEUTICS, INC.
Balance Sheets
In thousands USD |
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Assets |
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Cash and cash equivalents |
| $ | 4,413 |
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| $ | 7,522 |
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Prepaid expenses and other current assets |
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| 594 |
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| 342 |
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Inventories |
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| 150 |
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| - |
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Non-current assets |
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| 164 |
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| - |
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Total assets |
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| 5,321 |
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| 7,864 |
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Liabilities |
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Accounts payable |
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| 1,120 |
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| 461 |
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Accrued liabilities |
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| 713 |
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| 1,180 |
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Total liabilities |
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| 1,833 |
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| 1,641 |
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Equity |
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| 3,488 |
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| 6,223 |
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Total liabilities and equity |
| $ | 5,321 |
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| $ | 7,864 |
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Statements of Operations
(unaudited)
| Quarter Ended |
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| Six Months Ended |
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In thousands, except share and per share data |
| 2026 |
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| 2025 |
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| 2026 |
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| 2025 |
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Operating expenses |
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Research and development (1) |
| $ | 213 |
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| $ | 618 |
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| $ | 596 |
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| $ | 1,899 |
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Selling, general and administrative (1) |
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| 2,801 |
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| 1,155 |
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| 4,344 |
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| 2,214 |
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Total operating expenses |
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| 3,014 |
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| 1,773 |
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| 4,940 |
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| 4,113 |
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Loss from operations |
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| (3,014 | ) |
|
| (1,773 | ) |
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| (4,940 | ) |
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| (4,113 | ) |
Interest income |
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| 47 |
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| 72 |
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| 125 |
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| 108 |
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Net loss |
| $ | (2,967 | ) |
| $ | (1,701 | ) |
| $ | (4,815 | ) |
| $ | (4,005 | ) |
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Net loss per common share, basic and diluted |
| $ | (0.74 | ) |
| $ | (1.66 | ) |
| $ | (1.22 | ) |
| $ | (5.18 | ) |
Weighted average common shares outstanding, basic and diluted |
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| 4,022,143 |
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| 1,026,506 |
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| 3,940,983 |
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| 772,397 |
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(1) Includes the following stock-based compensation expense |
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Research and development |
| $ | 4 |
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| $ | 8 |
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| $ | 18 |
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| $ | 16 |
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Selling, general and administrative |
| $ | 38 |
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| $ | 31 |
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| $ | 67 |
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| $ | 61 |
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Investor Contact:
Investor Relations
cmastricola@dermatarx.com
SOURCE:
View the original press release on ACCESS Newswire