Business Description
Pasithea Therapeutics Corp. functions as a biotechnology firm dedicated to the discovery and advancement of novel therapeutic solutions for various psychiatric and neurological conditions. Beyond its research endeavors, the company also plans to establish and manage clinics specializing in depression treatment. These facilities are designed to offer business support, employing trained pharmacists to administer intravenous ketamine infusions. Founded in 2020, the corporation's primary operations are based in Miami Beach, Florida.
Business History
Price Overview
Last updated: Jun 27, 2026 10:09am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -2.91
Total Equity: $55.22M
Shares: 7,031,000
Total Debt: $0.00
Cash: $55.16M
EBITDA: -$20.19M
Total Debt: $0.00
Cash: $55.16M
Revenue: $0.00
Shares: 7,031,000
Revenue: $0.00
Revenue: $0.00
Revenue: $0.00
Total Equity: $55.22M
Tax Rate: 0.0%
Equity: $55.22M
Total Debt: $0.00
Cash: $55.16M
Current Liabilities: $4.97M
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $55.22M
Shares: 7,031,000
Shares: 7,031,000
CapEx: $0.00
Shares: 7,031,000
Stock Price: $0.54
Net Income: -$20.43M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 27, 2026 10:09am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $15,062 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $17,275 | $5,094 | $0 | $0 | $0 |
| Gross Profit | $-2,213 | $-5,094 | $0 | $0 | $0 |
| Operating Expenses | $4.5M | $12.6M | $16.0M | $14.2M | $20.9M |
| Operating Income | -$4.5M | -$12.6M | -$16.0M | -$14.2M | -$20.9M |
| Net Income | -$2.2M | -$13.9M | -$16.0M | -$13.9M | -$20.4M |
| EBITDA | -$4.5M | -$11.7M | -$15.3M | -$13.6M | -$20.2M |
| EPS | $-1.89 | $-10.34 | $-12.65 | $-12.69 | $-2.91 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 27, 2026 10:09am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $53.0M | $33.1M | $16.3M | $6.9M | $55.2M |
| Total Current Assets | $53.3M | $34.1M | $16.7M | $7.4M | $56.5M |
| Total Assets | $53.3M | $45.2M | $26.1M | $16.1M | $60.2M |
| Current Liabilities | $447,280 | $1.9M | $2.6M | $1.1M | $5.0M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.9M | $2.7M | $2.7M | $1.3M | $5.0M |
| Total Equity | $51.4M | $42.5M | $23.4M | $14.8M | $55.2M |
| Retained Earnings | -$2.2M | -$19.4M | -$35.3M | -$49.6M | -$70.0M |
Cash Flow (Annual)
Last updated: Jun 27, 2026 10:09am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$3.2M | -$13.7M | -$13.4M | -$13.9M | -$15.2B |
| Capital Expenditure | $-21,503 | $-107,102 | $-34,301 | $-2 | $0 |
| Free Cash Flow | -$3.2M | -$13.8M | -$13.5M | -$13.9M | -$15.2B |
| Acquisitions (net) | $0 | -$2.2M | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | -$3.7M | $0 | $0 |
| Net Change in Cash | $52.7M | -$19.9M | -$16.8M | -$9.4M | $48.3B |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:33pm (10h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 |
| EBITDA | $0 | $0 | $0 | $0 |
| Net Income |
-$10.5M -$10.5M – -$10.5M
|
-$5.3M -$5.3M – -$5.3M
|
-$7.1M -$7.1M – -$7.1M
|
-$9.1M -$9.1M – -$9.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 27, 2026 10:09am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -100.0% | — | — | — |
| Gross Profit Growth | -130.2% | +100.0% | — | — |
| Operating Income Growth | -179.3% | -26.9% | +10.8% | -46.4% |
| Net Income Growth | -541.2% | -14.5% | +12.9% | -46.9% |
| EBITDA Growth | -160.2% | -30.8% | +11.3% | -48.5% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-17 | Coastlands Capital LP | P-Purchase | 100,000.00 | $0.53 | $53,000 |
| 2026-05-01 | Marques Tiago | A-Award | 1,756,069.00 | $0.84 | $1.5M |
| 2026-05-01 | STEINMAN LAWRENCE | A-Award | 152,783.00 | $0.84 | $128,491 |
| 2026-05-01 | Dumesnil Simon | A-Award | 152,783.00 | $0.84 | $128,491 |
| 2026-05-01 | Schneiderman Daniel H | A-Award | 1,129,323.00 | $0.84 | $949,761 |
| 2026-05-01 | Krishnan Kartik | A-Award | 1,129,323.00 | $0.84 | $949,761 |
| 2026-05-01 | Leahy Emer | A-Award | 152,783.00 | $0.84 | $128,491 |
| 2026-05-01 | Novak Alfred J | A-Award | 152,783.00 | $0.84 | $128,491 |
| 2026-05-01 | Krishnan Kartik | 0.00 | $0.00 | $0 | |
| 2026-04-09 | Coastlands Capital LP | 0.00 | $0.00 | $0 | |
| 2026-04-09 | Coastlands Capital LP | 11,233,334.00 | $0.00 | $11,233 | |
| 2025-11-28 | STEINMAN LAWRENCE | P-Purchase | 133,333.00 | $0.75 | $100,000 |
| 2025-11-28 | Schneiderman Daniel H | A-Award | 26,667.00 | $0.75 | $20,000 |
| 2025-11-28 | Marques Tiago | P-Purchase | 33,333.00 | $0.75 | $25,000 |
| 2025-11-28 | Dumesnil Simon | P-Purchase | 33,333.00 | $0.75 | $25,000 |
| 2025-11-28 | Leahy Emer | A-Award | 33,333.00 | $0.75 | $25,000 |
| 2025-10-24 | STEINMAN LAWRENCE | A-Award | 242,913.00 | $0.72 | $173,683 |
| 2025-10-24 | Schneiderman Daniel H | A-Award | 317,266.00 | $0.72 | $226,845 |
| 2025-10-24 | Novak Alfred J | A-Award | 42,913.00 | $0.72 | $30,683 |
| 2025-10-24 | Marques Tiago | A-Award | 493,341.00 | $0.72 | $352,739 |
Narrative Economics
market-narrative step).