Bright Minds Biosciences (Bright Minds Biosciences) Tax Rate % : 0.00% (As of Mar. 2024)

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What is Bright Minds Biosciences Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bright Minds Biosciences's Tax Expense for the three months ended in Mar. 2024 was $0.00 Mil. Bright Minds Biosciences's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.42 Mil. Therefore, Bright Minds Biosciences's Tax Rate % for the quarter that ended in Mar. 2024 was 0.00%.

Bright Minds Biosciences Tax Rate % Historical Data

The historical data trend for Bright Minds Biosciences's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bright Minds Biosciences Tax Rate % Chart

Bright Minds Biosciences Annual Data

Trend

Sep20

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Sep23

Tax Rate %

Bright Minds Biosciences Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial													-	-	-	-	-

Bright Minds Biosciences Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bright Minds Biosciences's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2023 )	/	Pre-Tax Income (A: Sep. 2023 )
	=	0	/	-5.448
	=	0.00 %

Bright Minds Biosciences's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0	/	-0.424
	=	0.00 %

Bright Minds Biosciences Tax Rate % Related Terms

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Bright Minds Biosciences (Bright Minds Biosciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bright Minds Biosciences Inc (NAS:DRUG) » Definitions » Tax Rate %

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Traded in Other Exchanges

DRUG:Canada

Address

19 Vestry Street, New York, NY, USA, 10013

Website

https://www.brightmindsbio.com

Bright Minds Biosciences Inc is focused on developing novel transformative treatments for neuropsychiatric disorders, epilepsy, and pain. The company has a portfolio of next-generation serotonin agonists designed to target neurocircuit abnormalities that are responsible for difficult to treat disorders such as resistant epilepsy, treatment resistant depression, PTSD, and pain. The company's drugs have been designed to potentially retain the powerful therapeutic aspects of psychedelic and other serotonergic compounds, while minimizing the side effects, thereby creating superior drugs to first-generation compounds, such as psilocybin.