KTTA Chart
About

Pasithea Therapeutics Corp., a clinical-stage biotechnology company, focuses on the discovery, research, and development of treatments for central nervous system (CNS) disorders, RASopathies, and cancers. Its lead product candidate is PAS-004, a next-generation macrocyclic mitogen-activated protein kinase, or MEK inhibitor to treat a range of RASopathies, including neurofibromatosis type 1 (NF1); MAPK pathway-driven tumors, such as BRAFv600 and BRAF fusion tumors; and ETS2 driven diseases, including inflammatory bowel disease (IBD), primary sclerosing cholangitis, and ankylosing spondylitis. The company's lead development candidate is PAS-003, to treat amyotrophic lateral sclerosis. It also intends to develop PAS-001, to treat schizophrenia. Pasithea Therapeutics Corp. was incorporated in 2020 and is headquartered in Miami Beach, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 20.02M
Enterprise Value 2.03M Income -13.49M Sales —
Book/sh 1.64 Cash/sh 0.55 Dividend Yield —
Payout 0.00% Employees 4 IPO —
P/E — Forward P/E -1.27 PEG —
P/S — P/B 0.53 P/C —
EV/EBITDA -0.15 EV/Sales — Quick Ratio 2.99
Current Ratio 4.01 Debt/Eq — LT Debt/Eq —
EPS (ttm) -4.59 EPS next Y -0.68 EPS Growth —
Revenue Growth — Earnings 2023-08-11 17:00 ROA -53.70%
ROE -89.90% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 23.09M
Shs Float 5.29M Short Float 1.17% Short Ratio 1.13
Short Interest — 52W High 3.79 52W Low 0.28
Beta 0.21 Avg Volume 7.26M Volume 82.35K
Target Price $3.00 Recom None Prev Close $0.83
Price $0.87 Change 4.96%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.00
Mean price target
2. Current target
$0.87
Latest analyst target
3. DCF / Fair value
$-6.19
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.87
Low
$3.00
High
$3.00
Mean
$3.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-08 init HC Wainwright & Co. — → Buy $3
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 26667 39200 — Stock Award(Grant) at price 1.47 per share. SCHNEIDERMAN DANIEL H Chief Financial Officer — 2025-11-28 00:00:00 D
1 133333 196000 — Purchase at price 1.47 per share. STEINMAN LAWRENCE Director — 2025-11-28 00:00:00 D
2 33333 49000 — Purchase at price 1.47 per share. MARQUES TIAGO REIS Chief Executive Officer — 2025-11-28 00:00:00 D
3 33333 49000 — Purchase at price 1.47 per share. DUMESNIL SIMON Director — 2025-11-28 00:00:00 D
4 33333 49000 — Stock Award(Grant) at price 1.47 per share. LEAHY EMER Director — 2025-11-28 00:00:00 D
5 960 792 — Sale at price 0.82 per share. MARQUES TIAGO REIS Chief Executive Officer — 2025-05-12 00:00:00 D
6 3500 19662 — Stock Award(Grant) at price 5.61 - 5.62 per share. NOVAK ALFRED J Director — 2024-06-13 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-13.52M-15.39M-13.43M-4.51M
TotalUnusualItems-77.81K56.24K850.45K2.33M
TotalUnusualItemsExcludingGoodwill-77.81K56.24K850.45K2.33M
NetIncomeFromContinuingOperationNetMinorityInterest-13.90M-15.51M-11.73M-2.17M
ReconciledDepreciation649.03K648.45K5.09K1.38K
ReconciledCostOfRevenue113.19K17.27K
EBITDA-13.60M-15.33M-12.58M-2.17M
EBIT-14.25M-15.98M-12.59M-2.17M
NetInterestIncome423.18K415.37K0.00-508.00
InterestExpense102.00508.00
InterestIncome423.18K415.37K0.00
NormalizedIncome-13.83M-15.56M-12.58M-4.51M
NetIncomeFromContinuingAndDiscontinuedOperation-13.90M-15.96M-13.94M-2.17M
TotalExpenses14.25M15.98M12.59M4.52M
TotalOperatingIncomeAsReported-14.25M-15.98M-12.59M-4.51M
DilutedAverageShares1.10M1.23M1.26M520.23K
BasicAverageShares1.10M1.23M1.26M520.23K
DilutedEPS-12.69-13.01-11.03-4.20
BasicEPS-12.69-13.01-11.03-4.20
DilutedNIAvailtoComStockholders-13.90M-15.96M-13.94M-2.17M
NetIncomeCommonStockholders-13.90M-15.96M-13.94M-2.17M
NetIncome-13.90M-15.96M-13.94M-2.17M
NetIncomeIncludingNoncontrollingInterests-13.90M-15.96M-13.94M-2.17M
NetIncomeDiscontinuousOperations0.00-453.91K-2.21M
NetIncomeContinuousOperations-13.90M-15.51M-11.73M-2.17M
TaxProvision0.000.000.000.00
PretaxIncome-13.90M-15.51M-11.73M-2.17M
OtherIncomeExpense-77.81K56.24K861.09K2.33M
OtherNonOperatingIncomeExpenses10.63K
SpecialIncomeCharges0.00-1.00M0.00
OtherSpecialCharges1.00M
GainOnSaleOfSecurity-77.81K56.24K1.85M2.33M
NetNonOperatingInterestIncomeExpense423.18K415.37K0.00-508.00
InterestExpenseNonOperating102.00508.00
InterestIncomeNonOperating423.18K415.37K0.00
OperatingIncome-14.25M-15.98M-12.59M-4.51M
OperatingExpense14.25M15.98M12.59M4.51M
ResearchAndDevelopment7.20M8.10M2.67M0.00
SellingGeneralAndAdministration7.05M7.88M9.92M4.51M
GeneralAndAdministrativeExpense7.05M7.88M9.92M
OtherGandA7.05M7.88M9.92M
GrossProfit373.36K-2.21K
CostOfRevenue113.19K17.27K
TotalRevenue0.000.000.0015.06K
OperatingRevenue0.000.000.0015.06K
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber1.39M1.04M1.30M1.15M
ShareIssued1.39M1.04M1.30M1.15M
TotalDebt0.0081.68K504.38K0.00
TangibleBookValue6.21M14.19M32.66M51.42M
InvestedCapital14.78M23.40M42.50M51.42M
WorkingCapital6.25M14.06M32.20M52.85M
NetTangibleAssets6.21M14.19M32.66M51.42M
CapitalLeaseObligations0.0081.68K504.38K0.00
CommonStockEquity14.78M23.40M42.50M51.42M
TotalCapitalization14.78M23.40M42.50M51.42M
TotalEquityGrossMinorityInterest14.78M23.40M42.50M51.42M
StockholdersEquity14.78M23.40M42.50M51.42M
GainsLossesNotAffectingRetainedEarnings-7.17K-4.65K-661.00-10.56K
OtherEquityAdjustments-7.17K-4.65K-661.00-10.56K
RetainedEarnings-49.58M-35.32M-19.36M-2.21M
AdditionalPaidInCapital64.37M58.72M61.86M53.63M
CapitalStock139.00104.00130.0017.68K
CommonStock139.00104.00130.0017.68K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.28M2.72M2.68M1.90M
TotalNonCurrentLiabilitiesNetMinorityInterest162.17K84.37K804.21K1.45M
LiabilitiesHeldforSaleNonCurrent0.00319.57K
DerivativeProductLiabilities162.17K84.37K140.61K1.45M
LongTermDebtAndCapitalLeaseObligation0.00344.02K0.00
LongTermCapitalLeaseObligation0.00344.02K0.00
CurrentLiabilities1.12M2.63M1.88M447.28K
OtherCurrentLiabilities235.88K
CurrentDebtAndCapitalLeaseObligation81.68K160.36K
CurrentCapitalLeaseObligation0.0081.68K160.36K0.00
PayablesAndAccruedExpenses1.12M2.55M1.48M447.28K
TotalAssets16.06M26.12M45.18M53.32M
TotalNonCurrentAssets8.70M9.42M11.10M20.12K
OtherNonCurrentAssets643.38K
GoodwillAndOtherIntangibleAssets8.57M9.20M9.83M0.00
OtherIntangibleAssets7.31M7.94M8.57M
Goodwill1.26M1.26M1.26M0.00
NetPPE122.34K220.48K625.62K20.12K
AccumulatedDepreciation-42.35K-23.49K-3.56K-1.38K
GrossPPE164.70K243.97K629.18K21.50K
Leases3.19K3.19K3.19K0.00
OtherProperties155.36K234.63K599.65K
MachineryFurnitureEquipment6.14K6.14K26.34K21.50K
Properties0.000.000.000.00
CurrentAssets7.37M16.69M34.08M53.30M
OtherCurrentAssets142.94K104.71K262.99K
AssetsHeldForSaleCurrent0.00163.46K
PrepaidAssets302.64K215.90K562.38K333.75K
Receivables0.0040.50K0.000.00
OtherReceivables40.50K302.13K
CashCashEquivalentsAndShortTermInvestments6.92M16.33M33.09M52.97M
CashAndCashEquivalents6.92M16.33M33.09M52.97M
CashEquivalents6.10M13.40M
CashFinancial822.73K2.93M33.15M52.97M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-13.92M-13.46M-13.80M-3.20M
RepurchaseOfCapitalStock0.00-3.73M-3.21M0.00
RepaymentOfDebt0.00-392.35K0.00
IssuanceOfDebt0.00392.35K0.00
IssuanceOfCapitalStock0.0050.24M
CapitalExpenditure-34.30K-107.10K-21.50K
EndCashPosition6.92M16.33M33.09M52.97M
BeginningCashPosition16.33M33.09M52.90M243.65K
EffectOfExchangeRateChanges-2.52K-3.99K9.90K-10.56K
ChangesInCash-9.41M-16.75M-19.82M52.73M
FinancingCashFlow4.52M-3.73M-3.21M55.93M
CashFromDiscontinuedFinancingActivities0.000.000.00
CashFlowFromContinuingFinancingActivities4.52M-3.73M-3.21M55.93M
NetOtherFinancingCharges-481.50K-1.31M
ProceedsFromStockOptionExercised5.00M0.000.007.00M
NetCommonStockIssuance0.00-3.73M-3.21M50.24M
CommonStockPayments0.00-3.73M-3.21M0.00
CommonStockIssuance0.0050.24M
NetIssuancePaymentsOfDebt0.000.000.00
NetLongTermDebtIssuance0.000.000.00
LongTermDebtPayments0.00-392.35K0.00
LongTermDebtIssuance0.00392.35K0.00
InvestingCashFlow0.00399.01K-2.93M-21.50K
CashFromDiscontinuedInvestingActivities0.00323.81K-626.90K
CashFlowFromContinuingInvestingActivities0.0075.20K-2.30M-21.50K
NetOtherInvestingChanges109.50K
NetBusinessPurchaseAndSale0.00-2.19M0.00
SaleOfBusiness77.06K0.00
PurchaseOfBusiness0.00-2.19M
NetIntangiblesPurchaseAndSale-1.76M0.00
PurchaseOfIntangibles-1.76M0.00
NetPPEPurchaseAndSale0.00-34.30K-107.10K-21.50K
PurchaseOfPPE0.00-34.30K-107.10K-21.50K
OperatingCashFlow-13.92M-13.43M-13.69M-3.17M
CashFromDiscontinuedOperatingActivities0.00-611.28K-1.80M
CashFlowFromContinuingOperatingActivities-13.92M-12.81M-11.89M-3.17M
ChangeInWorkingCapital-1.52M1.57M845.35K111.23K
ChangeInOtherCurrentLiabilities-2.41K-1.55K543.96K
ChangeInOtherCurrentAssets2.26K158.28K-262.99K0.00
ChangeInPayablesAndAccruedExpense-1.43M1.07M745.76K440.68K
ChangeInPrepaidAssets-86.75K346.48K-181.37K-329.44K
OtherNonCashItems356.55K750.00K
StockBasedCompensation773.69K592.27K835.06K471.25K
AssetImpairmentCharge423.41K0.00
DepreciationAmortizationDepletion649.03K648.45K5.09K1.38K
DepreciationAndAmortization649.03K648.45K5.09K1.38K
AmortizationCashFlow630.16K630.16K0.000.00
AmortizationOfIntangibles630.16K630.16K0.000.00
Depreciation18.86K18.29K5.09K1.38K
OperatingGainsLosses77.81K-121.29K-1.85M-2.33M
GainLossOnInvestmentSecurities77.81K-56.24K-1.85M-2.33M
NetIncomeFromContinuingOperations-13.90M-15.51M-11.73M-2.17M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for KTTA
Date User Asset Broker Type Position Size Entry Price Patterns