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Top 10 Debt-Free Stocks Under $5 in the US — Top 100 List

Of the 1,022 companies priced under $5 in the US on PositoAI, 290 report no debt (banks and lenders left out). First on the list is Dogwood Therapeutics, Inc. (Positivity Score 27,827). 275 of them have lease obligations (offices, buildings and similar) but no borrowings; the rest have neither. 1 of the top 10 has an active red or yellow flag.

A low share price does not make a stock cheap: what matters is the company's value compared with its earnings and assets (P/E, P/B). Very low-priced stocks are often small, thinly traded and more volatile. Prices are the last close from the latest weekly refresh.

Positivity ScoreHigh dividendDebt freeLow debtLow PEBelow book valueHigh ROEHigh ROE + low PENo red flagsNo red or yellow flagsNear 52-week lowNear 52-week highHigh score near 52-week low
#Company Score Price
(INR / USD)
Market Cap
(INR Cr) / USD
P/E P/B Owes vs
Owns
Leases ROE Div
Yield
FlagSector
1 Dogwood Therapeutics, Inc.DWTX 27,827 ₹105.72$1.12 ₹359$38.07M 0.5 0.56 0.15× $0M -47.8% 0 — Healthcare
2 Tigo Energy, Inc.TYGO 26,077 ₹87.42$0.93 ₹671$71.10M 5.4 1.59 0.43× $3M 43.1% 0 — Technology
3 Onconetix, Inc.ONCO 25,902 ₹38.40$0.41 ₹20$2.13M 0.0 0.16 0.18× $0M -105.2% 0 — Healthcare
4 Revelation Biosciences, Inc.REVB 25,780 ₹347.36$3.68 ₹19$2.09M 0.1 0.21 0.19× $1M -154.8% 0 — Healthcare
5 Vyome Holdings, Inc.HIND 25,696 ₹169.90$1.80 ₹119$12.63M 1.0 2.09 0.20× $0M -999.2% 0 — Healthcare
6 Verde Clean Fuels, Inc.VGAS 25,250 ₹93.71$0.99 ₹417$44.23M Loss 1.53 0.04× $0M -21.9% 0 — Utilities
7 cbdMD, Inc.YCBD 25,147 ₹35.19$0.37 ₹39$4.18M 1.6 0.51 0.38× $1M -40.3% 0 — Healthcare
8 Q/C Technologies, Inc.QCLS 25,022 ₹50.02$0.53 ₹40$4.34M 0.2 0.27 0.30× None -108.0% 0 ⚑ Technology
9 Aptevo Therapeutics Inc.APVO 24,945 ₹151.97$1.61 ₹27$2.91M 0.0 0.48 0.58× $5M -420.3% 0 — Healthcare
10 Core AI HoldingsCHAI 24,773 ₹17.53$0.19 ₹45$4.80M Loss 1.98 0.90× $0M -120.2% 0 — Communication Services

Top 20

11 Organogenesis Holdings Inc.ORGO 24,591 ₹97.22$1.03 ₹1,251$132.53M Loss 0.46 0.29× $82M -25.9% 0 — Healthcare
12 PodcastOne, Inc.PODC 24,549 ₹154.80$1.64 ₹468$49.61M Loss 2.06 0.37× $0M -16.2% 0 — Communication Services
13 VIDA Global Inc.VIDA 24,451 ₹103.36$1.09 ₹150$15.97M Loss 0.92 0.05× None — 0 — Technology
14 Niagen Bioscience, Inc.NAGE 24,344 ₹237.86$2.52 ₹1,882$199.40M 13.3 2.42 0.23× $3M 21.8% 0 — Consumer Defensive
15 NET Power Inc.NPWR 24,305 ₹88.53$0.94 ₹783$82.99M Loss 0.99 0.08× $4M -142.0% 0 — Industrials
16 AleAnna, Inc.ANNA 24,297 ₹223.71$2.37 ₹915$97.03M 12.5 2.40 0.39× $2M 21.6% 0 — Energy
17 Spero Therapeutics, Inc.SPRO 24,273 ₹106.66$1.13 ₹621$65.81M 8.1 1.49 0.16× $3M 19.2% 0 — Healthcare
18 Jet.AI Inc.JTAI 24,260 ₹101.94$1.08 ₹36$3.84M 0.0 0.10 0.05× $0M 20.2% 0 ⚑ Technology
19 Emerson Radio Corp.MSN 24,233 ₹30.50$0.32 ₹64$6.80M Loss 0.41 0.09× $0M -20.1% 0 ⚑ Technology
20 MultiSensor AI Holdings, Inc.MSAI 24,045 ₹369.07$3.91 ₹81$8.62M Loss 0.30 0.15× None -46.5% 0 — Technology

Top 50

21 AIB Data Centers Inc.AIB 24,033 ₹99.11$1.05 ₹753$79.78M Loss 0.97 0.09× $0M -9.8% 0 ⚑ Technology
22 Curis, Inc.CRIS 23,965 ₹38.22$0.40 ₹9$981,914 0.3 0.21 0.75× $2M — 0 ⚑ Healthcare
23 Upstream Bio, Inc.UPB 23,841 ₹282.23$2.99 ₹1,545$163.77M Loss 0.60 0.04× $1M -46.0% 0 — Healthcare
24 EyePoint, Inc.EYPT 23,787 ₹40.41$0.43 ₹338$35.89M Loss 0.22 0.27× $21M -148.7% 0 — Healthcare
25 Sunshine Biopharma, Inc.SBFM 23,752 ₹15.76$0.17 ₹23$2.47M Loss 0.09 0.18× $1M -21.9% 0 ⚑ Healthcare
26 BridgeBio Oncology Therapeutics, Inc.BBOT 23,725 ₹269.01$2.85 ₹2,156$228.50M Loss 0.71 0.14× $3M -81.9% 0 — Healthcare
27 Tron Inc.TRON 23,718 ₹141.59$1.50 ₹6,716$711.57M Loss 2.81 0.01× $1M 3.8% 0 — Consumer Cyclical
28 Bluejay Diagnostics, Inc.BJDX 23,624 ₹59.35$0.63 ₹26$2.81M Loss 0.30 0.18× $0M -98.9% 0 — Healthcare
29 Sionna Therapeutics, Inc.SION 23,615 ₹358.69$3.80 ₹1,619$171.57M Loss 0.65 0.06× $9M -32.3% 0 — Healthcare
30 Aqua Metals, Inc.AQMS 23,603 ₹140.64$1.49 ₹50$5.31M Loss 0.56 0.24× $1M -218.4% 0 — Industrials
31 Aware, Inc.AWRE 23,483 ₹82.16$0.87 ₹179$18.99M Loss 0.83 0.31× $4M -35.0% 0 — Technology
32 CPS Technologies CorporationCPSH 23,464 ₹332.26$3.52 ₹640$67.82M — 2.02 0.12× $0M -0.1% 0 — Technology
33 Compass Therapeutics, Inc.CMPX 23,422 ₹75.65$0.80 ₹1,362$144.34M Loss 0.87 0.13× $10M -56.7% 0 — Healthcare
34 LENZ Therapeutics, Inc.LENZ 23,376 ₹306.77$3.25 ₹963$102.12M Loss 0.47 0.07× $1M -59.2% 0 — Healthcare
35 Tvardi Therapeutics, Inc.TVRD 23,329 ₹91.77$0.97 ₹122$12.97M Loss 1.55 0.52× $0M -126.2% 0 — Healthcare
36 Terrestrial Energy Inc.IMSR 23,323 ₹269.96$2.86 ₹2,859$302.97M Loss 1.08 0.03× $2M -27.4% 0 ⚑ Utilities
37 Connect Biopharma Holdings LimitedCNTB 23,300 ₹71.94$0.76 ₹453$47.99M Loss 1.79 0.38× $1M -140.5% 0 — Healthcare
38 AirJoule Technologies CorporationAIRJ 23,267 ₹277.51$2.94 ₹2,035$215.64M Loss 0.87 0.19× $0M -31.6% 0 — Industrials
39 Educational Development CorporationEDUC 23,253 ₹96.28$1.02 ₹82$8.70M 5.1 0.21 0.22× $7M 4.4% 0 — Communication Services
40 Natural Health Trends Corp.NHTC 23,185 ₹78.92$0.84 ₹67$7.17M Loss 0.47 0.48× $2M -7.4% 47.23% — Consumer Cyclical
41 Lisata Therapeutics, Inc.LSTA 23,173 ₹94.86$1.01 ₹102$10.86M Loss 1.32 0.28× None -101.7% 0 — Healthcare
42 SIGA Technologies, Inc.SIGA 23,099 ₹297.33$3.15 ₹2,136$226.33M Loss 1.37 0.06× $1M -1.5% 0 — Healthcare
43 Kalaris Therapeutics, Inc.KLRS 23,079 ₹187.84$1.99 ₹447$47.37M Loss 0.82 0.42× $1M -79.9% 0 — Healthcare
44 Deep Fission, Inc.FISN 23,065 ₹227.48$2.41 ₹1,340$141.96M Loss 1.61 0.04× None -256.1% 0 ⚑ Industrials
45 Douglas Elliman Inc.DOUG 23,061 ₹141.59$1.50 ₹1,286$136.34M 5.2 0.82 0.62× $103M 15.9% 0 ⚑ Real Estate
46 Wave Life Sciences, Inc.WVE 23,025 ₹316.21$3.35 ₹6,230$660.11M Loss 1.46 0.19× $18M -67.4% 0 — Healthcare
47 Health In Tech, Inc.HIT 23,009 ₹54.30$0.58 ₹354$37.57M Loss 1.92 0.34× $0M -21.9% 0 ⚑ Technology
48 Serve Robotics Inc.SERV 22,965 ₹271.85$2.88 ₹2,357$249.72M Loss 0.71 0.07× $5M -64.5% 0 — Industrials
49 Caribou Biosciences, Inc.CRBU 22,955 ₹52.86$0.56 ₹566$60.04M Loss 0.61 0.31× $27M -78.3% 0 — Healthcare
50 Metagenomi Therapeutics, Inc.MGX 22,928 ₹77.04$0.82 ₹291$30.83M Loss 0.27 0.35× $41M -60.6% 0 — Healthcare

Top 100

51 Geospace Technologies CorporationGEOS 22,923 ₹399.27$4.23 ₹516$54.72M Loss 0.57 0.24× $1M -34.4% 0 ⚑ Energy
52 LQR House Inc.YHC 22,878 ₹235.98$2.50 ₹30$3.26M Loss 0.10 0.36× $0M -37.4% 0 ⚑ Consumer Defensive
53 Aardvark Therapeutics, Inc.AARD 22,853 ₹372.84$3.95 ₹815$86.45M Loss 1.16 0.08× $0M -66.0% 0 — Healthcare
54 Greenlane Holdings, Inc.GNLN 22,825 ₹187.84$1.99 ₹13$1.38M 0.4 0.05 0.20× $0M -535.1% 0 ⚑ Consumer Defensive
55 Byrna Technologies Inc.BYRN 22,808 ₹456.85$4.84 ₹1,069$113.28M Loss 1.99 0.17× $2M -14.9% 0 — Industrials
56 Focus Universal Inc.FCUV 22,784 ₹308.66$3.27 ₹30$3.21M Loss 0.39 0.59× $0M -106.0% 0 — Technology
57 Solid Power, Inc.SLDP 22,761 ₹190.67$2.02 ₹4,350$460.93M Loss 0.92 0.05× $8M -20.6% 0 — Consumer Cyclical
58 Tecogen Inc.TGEN 22,729 ₹195.39$2.07 ₹589$62.49M Loss 3.53 0.44× $3M -78.3% 0 — Industrials
59 iBio, Inc.IBIO 22,705 ₹74.00$0.78 ₹475$50.42M Loss 0.59 0.14× $2M -65.7% 0 — Healthcare
60 Amplify Energy Corp.AMPY 22,695 ₹418.15$4.43 ₹1,733$183.65M 8.7 0.42 0.24× $4M 5.3% 0 ⚑ Energy
61 Digi Power X Inc.DGXX 22,670 ₹218.04$2.31 ₹2,210$234.23M Loss 0.88 0.05× None -24.7% 0 — Utilities
62 Oramed Pharmaceuticals Inc.ORMP 22,612 ₹388.89$4.12 ₹1,617$171.38M 1.0 0.54 0.14× $1M 74.2% 6.04% ⚑ Healthcare
63 Ernexa Therapeutics Inc.ERNA 22,598 ₹195.86$2.08 ₹31$3.39M Loss 1.06 0.49× $0M -320.7% 0 ⚑ Healthcare
64 Cellectar Biosciences, Inc.CLRB 22,589 ₹110.44$1.17 ₹104$11.06M Loss 0.37 0.18× $0M -119.6% 0 — Healthcare
65 Scienture Holdings, Inc.SCNX 22,568 ₹261.46$2.77 ₹42$4.55M Loss 0.07 0.27× $0M -53.5% 0 ⚑ Healthcare
66 Fulcrum Therapeutics, Inc.FULC 22,493 ₹347.36$3.68 ₹2,653$281.09M Loss 0.90 0.04× $6M -32.4% 0 — Healthcare
67 Corbus Pharmaceuticals Holdings, Inc.CRBP 22,476 ₹389.83$4.13 ₹753$79.88M Loss 0.78 0.19× $2M -95.6% 0 — Healthcare
68 IZEA Worldwide, Inc.IZEA 22,476 ₹221.82$2.35 ₹386$40.93M Loss 0.86 0.12× $0M -5.1% 0 — Communication Services
69 American Battery Technology CompanyABAT 22,471 ₹131.20$1.39 ₹1,870$198.18M Loss 1.57 0.05× $0M -74.5% 0 — Industrials
70 Ascent Solar Technologies, Inc.ASTI 22,470 ₹167.07$1.77 ₹164$17.38M Loss 1.14 0.16× $1M -86.6% 0 — Technology
71 Entrada Therapeutics, Inc.TRDA 22,448 ₹446.47$4.73 ₹1,738$184.17M Loss 0.79 0.22× $51M -54.1% 0 — Healthcare
72 Fabric.AI, Inc.FABC 22,430 ₹194.45$2.06 ₹136$14.43M Loss 0.51 0.43× $0M -298.0% 0 — Technology
73 Allogene Therapeutics, Inc.ALLO 22,362 ₹117.99$1.25 ₹4,076$431.86M Loss 0.99 0.21× $83M -42.4% 0 — Healthcare
74 Franklin Wireless Corp.FKWL 22,358 ₹206.72$2.19 ₹243$25.81M Loss 0.77 0.28× $1M -20.2% 0 — Technology
75 Nephros, Inc.NEPH 22,343 ₹332.26$3.52 ₹360$38.23M 23.5 3.19 0.24× $1M 16.1% 0 — Healthcare
76 Matinas BioPharma Holdings, Inc.MTNB 22,340 ₹161.41$1.71 ₹15$1.67M Loss 0.93 0.47× $1M -141.2% 0 ⚑ Healthcare
77 Adicet Bio, Inc.ACET 22,340 ₹403.99$4.28 ₹378$40.07M Loss 0.33 0.19× $15M -78.1% 0 — Healthcare
78 Voyager Therapeutics, Inc.VYGR 22,313 ₹175.57$1.86 ₹1,081$114.61M Loss 0.74 0.22× $36M -54.1% 0 — Healthcare
79 ImageneBio, Inc.IMA 22,249 ₹381.81$4.05 ₹434$46.01M Loss 0.32 0.07× $3M -82.7% 0 — Healthcare
80 MetaVia Inc.MTVA 22,211 ₹131.20$1.39 ₹86$9.16M Loss 1.34 0.49× $0M -175.7% 0 ⚑ Healthcare
81 Quanterix CorporationQTRX 22,211 ₹268.07$2.84 ₹1,267$134.31M Loss 0.57 0.26× $37M -46.5% 0 — Healthcare
82 Lexeo Therapeutics, Inc.LXEO 22,174 ₹272.79$2.89 ₹2,239$237.23M Loss 1.01 0.08× $8M -46.8% 0 — Healthcare
83 MIND Technology, Inc.MIND 22,158 ₹387.95$4.11 ₹352$37.36M Loss 0.93 0.14× $1M -6.8% 0 — Technology
84 AmpliTech Group, Inc.AMPG 22,158 ₹251.08$2.66 ₹756$80.14M Loss 1.71 0.20× $4M -19.4% 0 — Technology
85 Seres Therapeutics, Inc.MCRB 22,153 ₹201.05$2.13 ₹201$21.40M Loss 0.62 0.66× $83M -66.6% 0 — Healthcare
86 Arcadia Biosciences, Inc.RKDA 22,140 ₹15.27$0.16 ₹3$389,810 Loss 0.62 0.89× None -430.9% 0 ⚑ Consumer Defensive
87 Myseum.AI, Inc.MYSE 22,137 ₹132.15$1.40 ₹68$7.28M Loss 1.66 0.17× $0M -157.1% 0 — Technology
88 ClearSign Technologies CorporationCLIR 22,124 ₹231.26$2.45 ₹157$16.68M Loss 1.70 0.19× $0M -51.7% 0 — Industrials
89 QuantumScape CorporationQS 22,117 ₹391.72$4.15 ₹24,252$2.57B Loss 2.45 0.10× $71M -39.1% 0 — Consumer Cyclical
90 IN8bio, Inc.INAB 22,114 ₹93.06$0.99 ₹91$9.72M Loss 0.53 0.16× $3M -111.1% 0 — Healthcare
91 Equillium, Inc.EQ 22,108 ₹119.88$1.27 ₹760$80.53M Loss 1.44 0.05× $1M -59.0% 0 — Healthcare
92 Ideal Power Inc.IPWR 22,096 ₹269.01$2.85 ₹442$46.84M Loss 1.10 0.06× $0M -43.0% 0 — Technology
93 Moving iMage Technologies, Inc.MITQ 22,089 ₹49.27$0.52 ₹49$5.20M Loss 1.06 0.45× $1M -6.3% 0 — Technology
94 Aligos Therapeutics, Inc.ALGS 22,083 ₹454.96$4.82 ₹284$30.10M Loss 0.94 0.52× $5M -113.6% 0 — Healthcare
95 Intellinetics, Inc.INLX 22,072 ₹434.20$4.60 ₹195$20.68M Loss 2.11 0.37× $2M -26.6% 0 — Technology
96 Pioneer Power Solutions, Inc.PPSI 22,068 ₹219.93$2.33 ₹244$25.86M Loss 1.04 0.21× $2M -26.7% 0 ⚑ Industrials
97 Protara Therapeutics, Inc.TARA 22,066 ₹230.31$2.44 ₹1,361$144.19M Loss 0.89 0.08× $3M -45.8% 0 — Healthcare
98 Zentalis Pharmaceuticals, Inc.ZNTL 22,054 ₹227.48$2.41 ₹2,232$236.47M Loss 1.65 0.33× $36M -66.8% 0 — Healthcare
99 Fuel Tech, Inc.FTEK 22,039 ₹127.43$1.35 ₹397$42.14M Loss 1.13 0.13× $1M -8.9% 0 — Industrials
100 Uranium Royalty Corp.UROY 22,026 ₹319.04$3.38 ₹12,157$1.29B 8.9 1.34 0.43× $0M 8.5% 0 — Energy

Debt free in other groups · United States

Under $5Under $10Under $20

Debt free in other countries

India

Questions

Which companies priced under $5 in the US have no debt?

The first five on PositoAI's list are Dogwood Therapeutics, Inc. (27,827), Tigo Energy, Inc. (26,077), Onconetix, Inc. (25,902), Revelation Biosciences, Inc. (25,780), Vyome Holdings, Inc. (25,696).

How many companies priced under $5 in the US report no debt?

290 of the 1,022 companies priced under $5 in the US on PositoAI report no debt (banks and lenders left out); this page shows the top 100.

How is this list made?

Companies whose latest annual balance sheet shows no borrowings, ordered by Positivity Score. Lease obligations (for offices, buildings and similar) are not counted as borrowing; they are shown in the Leases column. Banks and lenders are left out, because borrowing is part of their business. The list is updated every day from PositoAI's data.

Is a low share price a good sign?

A low share price does not make a stock cheap: what matters is the company's value compared with its earnings and assets (P/E, P/B). Very low-priced stocks are often small, thinly traded and more volatile.

Are lease obligations counted as debt on this list?

No. Many companies rent offices, buildings or equipment on long leases, and accounts show those payments as lease obligations. This list counts only borrowings, so a company with leases but no loans is debt free here. Each company's lease amount is shown in the Leases column.

Companies whose latest annual balance sheet shows no borrowings, ordered by Positivity Score. Lease obligations (for offices, buildings and similar) are not counted as borrowing; they are shown in the Leases column. Banks and lenders are left out, because borrowing is part of their business. Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All low price lists for United States. PositoAI is for research and education only and is not investment advice.

Disclaimer — PositoAI is a research and screening tool for educational and informational purposes. It is not investment advice or a recommendation to buy or sell any security or mutual fund. Scores and rankings are calculated by PositoAI's own method using publicly available data, which may be incomplete, delayed or inaccurate, and past performance does not indicate future results. AI summaries of company news may contain errors. PositoAI is not registered with the SEC, SEBI or any other regulatory authority. Please do your own research or consult a licensed financial advisor before investing.