IGXT — Stock Film
STOCK FILMSCENE 1/11IGXT · $0.17
Stock Expert AI presents
IGXT
IntelGenx Technologies Corp
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
IntelGenx Technologies Corp. What it actually does.

Develop and manufacture innovative oral thin film products for pharmaceutical applications. Now — the numbers.

on the stock market since 2007
48 employees
$29.7M market value
WHERE DOES THE MONEY COME FROM?
97%Research and Development Agreements
Research and Development AgreementsRoyalties on Product Sales 3%
97% of all revenue comes from a single line: Research and Development Agreements.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$1M
The loss that same year:
$9.9M
For every $1 it earns, the company spends $11.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 9% a year over the last 4 years. Red columns mark years that ended in a loss.

$742K
2019
2020
2021
2022
$1M
2023
In the vault right now:
$2.3M
DEBT: $15.5M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 4 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

STRENGTHS
Heavy investment in the future10/10
WEAK SPOTS
The stock has lost its spark0/10
Each sale is made at a loss3/10
Costs eat into the margin4/10
WORTH WATCHING

Profit per Sale: Right now the product sells for less than it costs to make; every sale deepens the loss.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 75% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
Sales keep climbing

Over the last 4 years, sales grew about 9% a year on average.

2
THE BRIGHT SIDE · 2/2
The product is selling

Sales run at $1.0M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $9.9M against $1.0M in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.17. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
A wildly swinging price

This stock swings about 2.2 times as much as the market average. Big rallies — and big drops — can both happen fast.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: earnings execution.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film