Lineage Cell Therapeutics (LCTX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	46.35 mm	46.35 mm	46.35 mm	46.35 mm	46.35 mm	46.35 mm
Cash burn (monthly)	(no burn)	(no burn)	1.70 mm	1.79 mm	2.12 mm	1.92 mm
Cash used (since last report)	n/a	n/a	4.05 mm	4.26 mm	5.03 mm	4.58 mm
Cash remaining	n/a	n/a	42.30 mm	42.10 mm	41.32 mm	41.78 mm
Runway (months of cash)	n/a	n/a	24.8	23.5	19.5	21.7

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

LCTX institutional ownership history Ownership history

67.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	124	114	+8.8%
Opened positions	27	9	+200.0%
Closed positions	17	9	+88.9%
Increased positions	37	28	+32.1%
Reduced positions	14	24	-41.7%

13F shares	Current	Prev Q	Change
Total value	53.36 bn	83.62 bn	-36.2%
Total shares	148.73 mm	134.55 mm	+10.5%
Total puts	0.00	1.00 k	EXIT
Total calls	22.10 k	63.80 k	-65.4%
Total put/call ratio	–	0.0	–

Largest owners	Shares	Value	Change
Broadwood Partners	41.67 mm	$25.00 mm	0.0%
Broadwood Capital	41.67 mm	$20.94 bn	0.0%
BlackRock	10.09 mm	$5.07 bn	+1.8%
Vanguard	8.63 mm	$4.34 bn	+0.4%
Perceptive Advisors	7.24 mm	$3.64 bn	NEW
Defender Capital	5.96 mm	$3.00 bn	+19.2%
Raffles Associates	5.49 mm	$2.76 bn	+21.8%
Alyeska Investment	3.95 mm	$1.98 bn	NEW
Geode Capital Management	3.69 mm	$1.85 bn	+0.3%
STT State Street	2.67 mm	$1.34 bn	+2.5%

Largest transactions	Shares	Bought/sold	Change
Perceptive Advisors	7.24 mm	+7.24 mm	NEW
Logos Global Management	0.00	-5.00 mm	EXIT
Alyeska Investment	3.95 mm	+3.95 mm	NEW
Renaissance Technologies	2.28 mm	+2.09 mm	+1058.3%
BAC Bank of America	38.12 k	-1.33 mm	-97.2%
DAFNA Capital Management	2.51 mm	+1.16 mm	+85.9%
Jacobs Levy Equity Management	1.03 mm	+1.03 mm	NEW
Raffles Associates	5.49 mm	+984.31 k	+21.8%
Defender Capital	5.96 mm	+961.15 k	+19.2%
MAI Capital Management	657.68 k	+657.68 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LCTX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Feb 25	George A. Samuel III	Common Shares	Payment of exercise	Dispose F	No	No	0.65	2,440	1.59 k	25,820
11 Feb 25	George A. Samuel III	Common Shares	Option exercise	Acquire M	No	No	0	6,076	0.00	28,260
11 Feb 25	George A. Samuel III	RSU Common Shares	Option exercise	Dispose M	No	No	0	6,076	0.00	6,075
11 Feb 25	Culley Brian M	Common Shares	Payment of exercise	Dispose F	No	No	0.65	12,547	8.16 k	213,544
11 Feb 25	Culley Brian M	Common Shares	Option exercise	Acquire M	No	No	0	31,249	0.00	226,091
11 Feb 25	Culley Brian M	RSU Common Shares	Option exercise	Dispose M	No	No	0	31,249	0.00	31,250
27 Jan 25	Broadwood Partners	Common Shares	Buy	Acquire P	Yes	No	0	0	0.00	49,560,992
27 Jan 25	Broadwood Partners	Common Shares	Buy	Acquire P	No	No	0.76	7,894,737	6.00 mm	49,560,992
27 Jan 25	Broadwood Partners	Common Warrant Common Shares	Buy	Acquire P	Yes	No	0.91	0	0.00	7,894,737
27 Jan 25	Broadwood Partners	Common Warrant Common Shares	Buy	Acquire P	No	No	0.91	7,894,737	7.18 mm	7,894,737