Top 10 Debt-Free Nano Cap Stocks (up to ₹100 Cr) in the US — Top 50 List
PosiCap · PositoAI classification
Of the 247 nano cap companies in the US on PositoAI, 64 report no debt (banks and lenders left out). First on the list is Onconetix, Inc. (Positivity Score 25,899). 58 of them have lease obligations (offices, buildings and similar) but no borrowings; the rest have neither. 4 of the top 10 have an active red or yellow flag.
Nano Cap is one of PosiCap, PositoAI's own size classes: companies with a market value up to ₹100 Cr (up to about $11M). It is not the SEBI or index definition. About PosiCap
| # | Company | Score | Market Cap (INR Cr) / USD |
P/E | P/B | Owes vs Owns |
Leases | ROE | Div Yield |
Flag | Sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Onconetix, Inc.ONCO | 25,899 | ₹20$2.19M | 0.0 | 0.16 | 0.18× | $0M | -105.2% | 0 | — | Healthcare |
| 2 | Revelation Biosciences, Inc.REVB | 25,763 | ₹20$2.16M | 0.1 | 0.21 | 0.19× | $1M | -154.8% | 0 | — | Healthcare |
| 3 | cbdMD, Inc.YCBD | 25,174 | ₹38$4.06M | 1.6 | 0.49 | 0.38× | $1M | -40.3% | 0 | — | Healthcare |
| 4 | Q/C Technologies, Inc.QCLS | 25,072 | ₹36$3.87M | 0.2 | 0.24 | 0.30× | None | -108.0% | 0 | ⚑ | Technology |
| 5 | Aptevo Therapeutics Inc.APVO | 24,945 | ₹27$2.91M | 0.0 | 0.48 | 0.58× | $5M | -420.3% | 0 | — | Healthcare |
| 6 | Core AI HoldingsCHAI | 24,758 | ₹45$4.84M | Loss | 1.99 | 0.90× | $0M | -120.2% | 0 | — | Communication Services |
| 7 | Jet.AI Inc.JTAI | 24,259 | ₹36$3.88M | 0.0 | 0.10 | 0.05× | $0M | 20.2% | 0 | ⚑ | Technology |
| 8 | Emerson Radio Corp.MSN | 24,184 | ₹65$6.93M | Loss | 0.42 | 0.09× | $0M | -20.1% | 0 | ⚑ | Technology |
| 9 | Moleculin Biotech, Inc.MBRX | 24,073 | ₹62$6.63M | 0.0 | 0.57 | 0.45× | $0M | -1371.6% | 0 | ⚑ | Healthcare |
| 10 | MultiSensor AI Holdings, Inc.MSAI | 24,069 | ₹76$8.05M | Loss | 0.28 | 0.15× | None | -46.5% | 0 | — | Technology |
Top 20 | |||||||||||
| 11 | Curis, Inc.CRIS | 23,973 | ₹8$936,807 | 0.3 | 0.20 | 0.75× | $2M | — | 0 | ⚑ | Healthcare |
| 12 | Sunshine Biopharma, Inc.SBFM | 23,760 | ₹21$2.22M | Loss | 0.08 | 0.18× | $1M | -21.9% | 0 | ⚑ | Healthcare |
| 13 | Bluejay Diagnostics, Inc.BJDX | 23,629 | ₹24$2.61M | Loss | 0.28 | 0.18× | $0M | -98.9% | 0 | — | Healthcare |
| 14 | Aqua Metals, Inc.AQMS | 23,616 | ₹49$5.24M | Loss | 0.55 | 0.24× | $1M | -218.4% | 0 | — | Industrials |
| 15 | Natural Health Trends Corp.NHTC | 23,262 | ₹63$6.69M | Loss | 0.44 | 0.48× | $2M | -7.4% | 48.77% | — | Consumer Cyclical |
| 16 | Educational Development CorporationEDUC | 23,253 | ₹82$8.70M | 5.1 | 0.21 | 0.22× | $7M | 4.4% | 0 | — | Communication Services |
| 17 | Palatin Technologies, Inc.PTN | 23,035 | ₹86$9.10M | Loss | 0.86 | 0.20× | $0M | -877.5% | 0 | — | Healthcare |
| 18 | enVVeno Medical CorporationNVNO | 22,947 | ₹43$4.62M | Loss | 0.22 | 0.09× | $1M | -58.5% | 0 | — | Healthcare |
| 19 | LQR House Inc.YHC | 22,847 | ₹37$3.91M | Loss | 0.13 | 0.36× | $0M | -37.4% | 0 | ⚑ | Consumer Defensive |
| 20 | Greenlane Holdings, Inc.GNLN | 22,820 | ₹12$1.33M | 0.3 | 0.05 | 0.20× | $0M | -535.1% | 0 | ⚑ | Consumer Defensive |
Top 50 | |||||||||||
| 21 | Focus Universal Inc.FCUV | 22,772 | ₹31$3.34M | Loss | 0.41 | 0.59× | $0M | -106.0% | 0 | — | Technology |
| 22 | Ernexa Therapeutics Inc.ERNA | 22,601 | ₹31$3.37M | Loss | 1.05 | 0.49× | $0M | -320.7% | 0 | ⚑ | Healthcare |
| 23 | Scienture Holdings, Inc.SCNX | 22,490 | ₹44$4.73M | Loss | 0.07 | 0.27× | $0M | -53.5% | 0 | ⚑ | Healthcare |
| 24 | Matinas BioPharma Holdings, Inc.MTNB | 22,344 | ₹15$1.67M | Loss | 0.93 | 0.47× | $1M | -141.2% | 0 | ⚑ | Healthcare |
| 25 | Curanex Pharmaceuticals IncCURX | 22,266 | ₹68$7.28M | Loss | 1.52 | 0.06× | $0M | -411.1% | 0 | ⚑ | Healthcare |
| 26 | MetaVia Inc.MTVA | 22,219 | ₹86$9.09M | Loss | 1.33 | 0.49× | $0M | -175.7% | 0 | ⚑ | Healthcare |
| 27 | Myseum.AI, Inc.MYSE | 22,151 | ₹68$7.22M | Loss | 1.65 | 0.17× | $0M | -157.1% | 0 | — | Technology |
| 28 | Arcadia Biosciences, Inc.RKDA | 22,141 | ₹3$389,328 | Loss | 0.62 | 0.89× | None | -430.9% | 0 | ⚑ | Consumer Defensive |
| 29 | Moving iMage Technologies, Inc.MITQ | 22,089 | ₹49$5.20M | Loss | 1.06 | 0.45× | $1M | -6.3% | 0 | — | Technology |
| 30 | Real Messenger CorporationRMSG | 22,058 | ₹37$3.91M | Loss | 5.26 | 0.51× | ₹0 Cr | -195.4% | 0 | — | Technology |
| 31 | IN8bio, Inc.INAB | 21,979 | ₹98$10.35M | Loss | 0.56 | 0.16× | $3M | -111.1% | 0 | — | Healthcare |
| 32 | GRI Bio, Inc.GRI | 21,943 | ₹30$3.17M | Loss | 0.31 | 0.10× | $0M | -142.0% | 0 | ⚑ | Healthcare |
| 33 | Co-Diagnostics, Inc.CODX | 21,926 | ₹36$3.81M | Loss | 0.30 | 0.23× | $1M | -174.8% | 0 | ⚑ | Healthcare |
| 34 | Longeveron Inc.LGVN | 21,840 | ₹48$5.10M | Loss | 0.49 | 0.33× | $1M | -203.6% | 0 | ⚑ | Healthcare |
| 35 | Azitra, Inc.AZTR | 21,684 | ₹41$4.33M | Loss | 0.59 | 0.18× | $0M | -256.7% | 0 | ⚑ | Healthcare |
| 36 | Professional Diversity Network, Inc.IPDN | 21,639 | ₹13$1.47M | Loss | 0.11 | 0.25× | $0M | -102.8% | 0 | ⚑ | Industrials |
| 37 | Mangoceuticals, Inc.MGRX | 21,613 | ₹48$5.15M | Loss | 0.41 | 0.12× | $0M | -95.1% | 0 | ⚑ | Healthcare |
| 38 | Tessera Defense and Homeland Security Inc.HLSQ | 21,596 | ₹22$2.35M | Loss | 0.22 | 0.37× | $1M | -247.3% | 0 | ⚑ | Technology |
| 39 | KALA BIO, Inc.KALA | 21,236 | ₹34$3.68M | Loss | 0.41 | 0.15× | None | -345.3% | 0 | ⚑ | Healthcare |
| 40 | FibroBiologics, Inc.FBLG | 21,214 | ₹63$6.73M | Loss | 1.45 | 0.42× | $2M | -660.1% | 0 | ⚑ | Healthcare |
| 41 | Intelligent Bio Solutions Inc.INBS | 21,167 | ₹49$5.27M | Loss | 0.96 | 0.56× | $2M | -307.7% | 0 | ⚑ | Healthcare |
| 42 | Mustang Bio, Inc.MBIO | 21,117 | ₹26$2.80M | Loss | 0.37 | 0.52× | None | -58.1% | 0 | ⚑ | Healthcare |
| 43 | GeoVax Labs, Inc.GOVX | 20,959 | ₹19$2.08M | Loss | 1.18 | 0.62× | $1M | -891.6% | 0 | ⚑ | Healthcare |
| 44 | Peraso Inc.PRSO | 20,723 | ₹54$5.72M | Loss | 1.16 | 0.27× | $0M | -181.2% | 0 | ⚑ | Technology |
| 45 | NeuroOne Medical Technologies CorporationNMTC | 20,708 | ₹79$8.37M | Loss | 2.22 | 0.39× | $0M | -124.7% | 0 | ⚑ | Healthcare |
| 46 | Cyngn Inc.CYN | 20,591 | ₹57$6.06M | Loss | 0.14 | 0.19× | $7M | -59.0% | 0 | ⚑ | Technology |
| 47 | iSpecimen Inc.ISPC | 20,556 | ₹19$2.06M | Loss | 1.19 | 0.77× | $0M | -968.5% | 0 | ⚑ | Healthcare |
| 48 | Aethlon Medical, Inc.AEMD | 20,468 | ₹76$8.10M | Loss | 1.66 | 0.23× | $0M | -160.9% | 0 | ⚑ | Healthcare |
| 49 | Brightline Interactive, Inc.BTLN | 20,277 | ₹78$8.27M | Loss | 3.06 | 0.28× | $0M | -155.5% | 0 | ⚑ | Technology |
| 50 | Kiora Pharmaceuticals, Inc.KPRX | 20,100 | ₹96$10.13M | Loss | 0.60 | 0.29× | $0M | -56.4% | 0 | — | Healthcare |
Debt free in other groups · United States
Debt free in other countries
Questions
Which nano cap companies in the US have no debt?
The first five on PositoAI's list are Onconetix, Inc. (25,899), Revelation Biosciences, Inc. (25,763), cbdMD, Inc. (25,174), Q/C Technologies, Inc. (25,072), Aptevo Therapeutics Inc. (24,945).
How many nano cap companies in the US report no debt?
64 of the 247 nano cap companies in the US on PositoAI report no debt (banks and lenders left out); this page shows the top 50.
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.
What is a Nano Cap stock?
Nano Cap is one of PosiCap, PositoAI's own size classes: companies with a market value up to ₹100 Cr (up to about $11M). It is not the SEBI or index definition.
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 top lists for United States. PositoAI is for research and education only and is not investment advice.