Pasithea Therapeutics Corp. financial data

Symbol
KTTA, KTTAW on Nasdaq
Location
2110 Narcissus Ct, Venice, CA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 694 % -61%
Debt-to-equity 10.3 % +53.5%
Return On Equity -74.6 % -80%
Return On Assets -67.7 % -74.1%
Operating Margin -2.59K %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.04M shares -96%
Common Stock, Shares, Outstanding 1.04M shares -96%
Entity Public Float 10.5M USD -45.9%
Common Stock, Value, Issued 104 USD -99.4%
Weighted Average Number of Shares Outstanding, Basic 1.04M shares -20.1%
Weighted Average Number of Shares Outstanding, Diluted 1.04M shares -20.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 487K USD
Research and Development Expense 9.08M USD +16.3%
General and Administrative Expense 1.59M USD -11.9%
Operating Income (Loss) -16.9M USD -13.3%
Nonoperating Income (Expense) 78.8K USD -65.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -16.4M USD -8.36%
Net Income (Loss) Attributable to Parent -16.4M USD +3.63%
Earnings Per Share, Basic -0.42 USD/shares +76.1%
Earnings Per Share, Diluted -0.42 USD/shares +76.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.97M USD -70.1%
Other Assets, Current 105K USD -76.9%
Assets, Current 8.64M USD -69.2%
Property, Plant and Equipment, Net 132K USD -24%
Operating Lease, Right-of-Use Asset 32K USD -93%
Intangible Assets, Net (Excluding Goodwill) 7.63M USD -7.63%
Goodwill 1.26M USD 0%
Other Assets, Noncurrent 46.6K USD
Assets 17.7M USD -53.7%
Liabilities, Current 1.39M USD -37.4%
Operating Lease, Liability, Noncurrent 211K USD -70.9%
Liabilities 1.49M USD -41.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.18K USD -136%
Retained Earnings (Accumulated Deficit) -43M USD -61.5%
Stockholders' Equity Attributable to Parent 16.2M USD -54.6%
Liabilities and Equity 17.7M USD -53.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.53M USD -562%
Net Cash Provided by (Used in) Financing Activities 264K USD
Net Cash Provided by (Used in) Investing Activities -114K USD
Common Stock, Shares Authorized 100M shares -79.8%
Common Stock, Shares, Issued 1.04M shares -96%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.32M USD -36.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.97M USD -70.1%
Deferred Tax Assets, Valuation Allowance 4.14M USD +345%
Deferred Tax Assets, Gross 7.64M USD +83.9%
Operating Lease, Liability 33K USD -92.9%
Depreciation 4.72K USD +12.9%
Payments to Acquire Property, Plant, and Equipment 53.9K USD +2662%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -16.4M USD -6.62%
Lessee, Operating Lease, Liability, to be Paid 33.3K USD
Property, Plant and Equipment, Gross 165K USD
Operating Lease, Liability, Current 33K USD -80%
Lessee, Operating Lease, Liability, to be Paid, Year Two 183K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 83.3K USD -72%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 323 USD -99.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 183K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 116K USD
Additional Paid in Capital 59.2M USD -4.83%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 7.61M USD +83.8%
Share-based Payment Arrangement, Expense 135K USD -30.8%
Operating Leases, Future Minimum Payments Due 83.3K USD
Interest Expense -117K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%