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Healthcare - Biotechnology - NASDAQ - US
$ 3.38
2.42 %
$ 3.53 M
Market Cap
-0.23
P/E
1. INTRINSIC VALUE

Pasithea Therapeutics Corp., a biotechnology company, engages in research and discovery of treatments for psychiatric and neurological disorders. It also intends to operate anti-depression clinics and provide business support services using trained pharmacists to administer intravenous infusions of ketamine. The company was incorporated in 2020 and is headquartered in Miami Beach, Florida.[ Read More ]

The intrinsic value of one KTTA stock under the base case scenario is HIDDEN Compared to the current market price of 3.38 USD, Pasithea Therapeutics Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart KTTA

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FINANCIALS
0 REVENUE
0.00%
-16 M OPERATING INCOME
-7.85%
-15.5 M NET INCOME
-11.27%
-13.4 K OPERATING CASH FLOW
99.91%
399 K INVESTING CASH FLOW
119.35%
-3.73 M FINANCING CASH FLOW
-16.22%
0 REVENUE
0.00%
-3 B OPERATING INCOME
-76061.68%
-10.7 B NET INCOME
-277150.53%
-11.5 B OPERATING CASH FLOW
-283941.17%
0 INVESTING CASH FLOW
0.00%
4.54 B FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Pasithea Therapeutics Corp.
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Current Assets 16.7 M
Cash & Short-Term Investments 16.3 M
Receivables 0
Other Current Assets 361 K
Non-Current Assets 9.42 M
Long-Term Investments 0
PP&E 220 K
Other Non-Current Assets 9.2 M
Current Liabilities 2.63 M
Accounts Payable 2.55 M
Short-Term Debt 81.7 K
Other Current Liabilities 0
Non-Current Liabilities 84.4 K
Long-Term Debt 0
Other Non-Current Liabilities 84.4 K
EFFICIENCY
Earnings Waterfall Pasithea Therapeutics Corp.
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Revenue 0
Cost Of Revenue 648 K
Gross Profit -648 K
Operating Expenses 16 M
Operating Income -16 M
Other Expenses -472 K
Net Income -15.5 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-68.22% ROE
-68.22%
-61.12% ROA
-61.12%
-68.29% ROIC
-68.29%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Pasithea Therapeutics Corp.
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Net Income -15.5 M
Depreciation & Amortization 648 K
Capital Expenditures -34.3
Stock-Based Compensation 592 K
Change in Working Capital 1.57 M
Others -1.06 B
Free Cash Flow -13.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Pasithea Therapeutics Corp.
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KTTA has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
6355.18% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Pasithea Therapeutics Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Jun 02, 2023
Bought 12.9 K USD
STEINMAN LAWRENCE
Director
+ 30000
0.431 USD
2 years ago
Oct 17, 2022
Bought 1.11 K USD
Delaney David
Director
+ 1000
1.11 USD
2 years ago
Sep 28, 2022
Bought 7.76 K USD
Camac Partners, LLC
director:
+ 6710
1.156 USD
2 years ago
Sep 29, 2022
Bought 7.76 K USD
Shahinian Eric
other: Member of 10% owner group
+ 6710
1.156 USD
2 years ago
Sep 28, 2022
Bought 68.5 K USD
Shahinian Eric
other: Member of 10% owner group
+ 57647
1.189 USD
2 years ago
Sep 06, 2022
Bought 24.6 K USD
Shahinian Eric
other: Member of 10% owner group
+ 21748
1.1326 USD
2 years ago
Sep 02, 2022
Bought 13.1 K USD
Shahinian Eric
other: Member of 10% owner group
+ 11507
1.1389 USD
2 years ago
Sep 01, 2022
Bought 62.6 K USD
Camac Partners, LLC
director:
+ 55646
1.1255 USD
2 years ago
Sep 01, 2022
Bought 62.6 K USD
Shahinian Eric
other: Member of 10% owner group
+ 55646
1.1255 USD
2 years ago
Aug 29, 2022
Bought 20.5 K USD
Camac Partners, LLC
director:
+ 17828
1.1472 USD
2 years ago
Aug 30, 2022
Bought 20.5 K USD
Shahinian Eric
other: Member of 10% owner group
+ 17828
1.1472 USD
2 years ago
Aug 29, 2022
Bought 5.84 K USD
Shahinian Eric
other: Member of 10% owner group
+ 5000
1.1681 USD
2 years ago
Aug 19, 2022
Bought 70.9 K USD
Leonite Capital LLC
director:
+ 54644
1.2982 USD
2 years ago
Aug 17, 2022
Bought 188 K USD
Camac Partners, LLC
director:
+ 155773
1.2087 USD
2 years ago
Aug 17, 2022
Bought 188 K USD
Shahinian Eric
other: Member of 10% owner group
+ 155773
1.2087 USD
7. News
Pasithea Therapeutics Announces $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor, for the treatment of neurofibromatosis type 1 (NF1) and other cancer indications, today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 1,219,513 shares of its common stock (or pre-funded warrants in lieu thereof), accompanying Series A warrants to purchase up to 1,219,513 shares of common stock and accompanying short-term Series B warrants to purchase up to 1,219,513 shares of common stock at a purchase price of $4.10 per share (or per pre-funded warrant in lieu thereof) and accompanying warrants in a private placement priced at-the-market under the rules of the Nasdaq Stock Market. The Series A and the short-term Series B warrants will have an exercise price of $3.85 per share and will be exercisable immediately upon issuance. The Series A warrants will expire five years from the issuance date and the short-term Series B warrants will expire 18 months from the issuance date. The closing of the offering is expected to occur on or about September 30, 2024, subject to the satisfaction of customary closing conditions. globenewswire.com - 1 month ago
Why Is Pasithea Therapeutics Stock Surging On Thursday? On Thursday, Pasithea Therapeutics Corp.  KTTA announced safety, tolerability, pharmacokinetic (PK), and preliminary efficacy data from the first 2 cohorts of patients (n=6) in its Phase 1 trial of PAS-004 in patients with MAPK pathway-driven advanced solid tumors with a documented RAS, NF1 or RAF mutation or patients who have failed BRAF/MEK inhibition. benzinga.com - 1 month ago
Pasithea Therapeutics Announces Positive Initial Safety, Tolerability, Pharmacokinetic (PK), and Preliminary Efficacy Data from its Phase 1 Clinical Trial of PAS-004 in Advanced Cancer -- Single patient in 2mg cohort with stage 3 colon cancer who received 4 prior lines of therapy achieves prolonged stable disease and remains on drug into 6th dosing cycle -- -- No treatment-related adverse events (TRAEs) or dose-limiting toxicities (DLTs) observed to date, including no rash or gastrointestinal (GI) AEs -- -- Systemic exposure at steady-state enables constant target inhibition while avoiding peak plasma toxicities -- -- Half-life of approximately 70 hours supports once-daily or less frequent oral dosing -- -- Distinctive MEK inhibitor profile for the treatment of both NF1-related plexiform and cutaneous neurofibromas, cancer, and other opportunities -- MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor, for the treatment of neurofibromatosis type 1 (NF1) and other cancer indications, today announced safety, tolerability, pharmacokinetic (PK) and preliminary efficacy data from the first 2 cohorts of patients (n=6) in its Phase 1 clinical trial of PAS-004, being conducted at four clinical sites in the United States. globenewswire.com - 1 month ago
Pasithea Therapeutics Announces Successful Completion of PAS-004 Chronic Toxicity Studies Pasithea completes chronic toxicity studies for PAS-004, showing safety and potential for long-term use in NF1 and cancer treatment; Phase 1 trial ongoing globenewswire.com - 2 months ago
Pasithea Therapeutics Announces Appointment of Dr. Rebecca Brown to its Scientific Advisory Board Pasithea Tx appoints Dr. Rebecca Brown, an expert in Neurofibromatosis and Director at Mount Sinai, to its Scientific Advisory Board to aid in PAS-004. globenewswire.com - 2 months ago
Pasithea Therapeutics to Present at the H.C. Wainwright 26th Annual Global Investment Conference SOUTH SAN FRANCISCO, Calif. and MIAMI, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”) a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor, for the treatment of neurofibromatosis type 1 (NF1) and other cancer indications, today announced that members of its management team will deliver a company presentation at the H.C. globenewswire.com - 2 months ago
Pasithea Therapeutics to Present New Preclinical Data Showing PAS-004 Strongly Inhibits NRAS Cancer Cell Lines and Demonstrates Superior Activity in Xenograft Studies at 2024 ASCO Annual Meeting Pasithea to present preclinical data at ASCO 2024 showing PAS-004 superior inhibition of NRAS cancer cells and xenograft tumors compared to current MEKi's globenewswire.com - 5 months ago
Pasithea Therapeutics Announces PAS-004 Abstract Accepted for Poster Presentation at 2024 ASCO Annual Meeting SOUTH SAN FRANCISCO, Calif. and MIAMI, April 29, 2024 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor for the treatment of neurofibromatosis type 1 (NF1) and other indications, today announced the acceptance of an abstract for poster presentation at the American Society of Cancer Oncology (“ASCO”), which will be held in Chicago from May 31 – June 4, 2024. globenewswire.com - 6 months ago
Pasithea Therapeutics Announces the First Cohort has Completed the Initial Dosing in its Phase 1 Trial Evaluating PAS-004 in RAS, NF1 and RAF Mutated Cancers Pasithea Tx (Nasdaq: KTTA) Phase 1 trial on PAS-004 for RAS, NF1, and RAF mutated cancers completes initial dosing, with safety data expected in 2H 2024. globenewswire.com - 6 months ago
Pasithea Therapeutics Announces Opening of Enrollment in the U.S. for its Phase 1 Trial of PAS-004 -- Activation of four U.S. sites for Phase 1 clinical trial of PAS-004 to evaluate safety, dose, key biomarker data and preliminary efficacy -- -- Plans to open three additional sites in Eastern Europe in the coming months -- -- Preliminary interim data expected in 2H 2024 -- SOUTH SAN FRANCISCO, Calif. and MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor, for the treatment of neurofibromatosis type 1 (NF1) and other cancer indications, today announced the activation of four clinical trial sites in the United States. globenewswire.com - 9 months ago
Pasithea Therapeutics Announces Invention of Crystalline Form of PAS-004; Establishes Strengthened Intellectual Property (IP) Position -- Polymorph and Stereoisomer Patents when Issued Extend Portfolio to at least 2045 -- -- Polymorph and Stereoisomer Patent Filings Continue to Expand Patent Portfolio -- SOUTH SAN FRANCISCO, Calif. and MIAMI, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical stage biotechnology company focused on the discovery, research, and development of innovative treatments for Central Nervous System (CNS) disorders, today announced the invention of a crystalline form of PAS-004 which is captured in polymorph and stereoisomer patent filings that when issued we believe will extend patent protection to at least 2045. globenewswire.com - 10 months ago
Pasithea Therapeutics Announces FDA Acceptance of IND Application to Evaluate PAS-004 in Advanced Cancer Patients -- PAS-004 is the first macrocyclic MEK inhibitor to enter human clinical trials -- -- Phase 1 dose escalation study in patients with MAPK pathway driven advanced solid tumors to begin in Q1 2024 – -- Initial readout expected as early as Q3 2024 – SOUTH SAN FRANCISCO, Calif. and MIAMI, Jan. 02, 2024 (GLOBE NEWSWIRE) --   Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research, and development of innovative treatments for Central Nervous System (CNS) disorders, today announced the Investigational New Drug Application (IND) clearance to proceed by the U.S. Federal Drug Administration (FDA) to evaluate PAS-004, a macrocyclic MEK (1/2) inhibitor, in patients with MAPK pathway driven advanced solid tumors with a documented RAS, RAF or NF1 mutation or patients who have failed BRAF/MEK inhibition. globenewswire.com - 10 months ago
8. Profile Summary

Pasithea Therapeutics Corp. KTTA

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 3.53 M
Dividend Yield 6355.18%
Description Pasithea Therapeutics Corp., a biotechnology company, engages in research and discovery of treatments for psychiatric and neurological disorders. It also intends to operate anti-depression clinics and provide business support services using trained pharmacists to administer intravenous infusions of ketamine. The company was incorporated in 2020 and is headquartered in Miami Beach, Florida.
Contact 1111 Lincoln Road, Miami Beach, FL, 33139 https://www.pasithea.com
IPO Date Sept. 15, 2021
Employees 8
Officers Dr. Lawrence Steinman BA, M.D., Ph.D. Co-Founder, MD & Executive Chairman Dr. Graeme Currie Ph.D. Chief Development Officer Dr. Tiago Reis Marques M.D., Ph.D. Chief Executive Officer & Director Mr. Daniel H. Schneiderman Chief Financial Officer Dr. Yassine Bendiabdallah Ph.D. Chief Operating Officer & Head of UK Clinics