Cingulate (CING)
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Cingulate Inc is a clinical-stage biopharmaceutical company developing drug candidates based on its proprietary delivery technology. The company’s work centres on Precision Timed Release, or PTR, a platform designed to combine multiple drug-release profiles into a single once-daily tablet. Its goal is to provide medicines that deliver therapeutic effects at specific times of the day, potentially reducing the need for multiple doses.
Cingulate’s initial focus is attention deficit/hyperactivity disorder, a condition commonly treated with stimulant medications that must balance early-day symptom control with duration, tolerability, and convenience. The company’s lead proprietary ADHD candidates include CTx-1301, based on dexmethylphenidate, and CTx-1302, based on dextroamphetamine. Both are intended as first-line stimulant treatments and are being developed for use across key patient groups, including children, adolescents, and adults.
The company is also exploring anxiety and evaluating other areas where its release technology could be applied. As a clinical-stage business, Cingulate does not resemble a mature pharmaceutical company with a diversified commercial product portfolio. Its value proposition depends largely on the progress of its development pipeline, the strength of its intellectual property, clinical trial outcomes, regulatory review, and its ability to finance additional research.
Cingulate operates in a competitive area of central nervous system medicine, where many established ADHD therapies already exist. Its distinctive angle is the attempt to improve dosing convenience and daily symptom coverage through tablet engineering rather than by discovering an entirely new active ingredient.
Last updated
- Market Cap
- 65.73M
- P/E
- —
- P/FCF
- —
- P/S
- —
- Enterprise Value
- 45.98M
- Sector
- Health Care
- Industry
- Pharmaceutical Preparations
- Address
- 1901 W. 47TH PLACE, KANSAS CITY, KS, 66205
Cingulate Provides Management Team Update
Allarity Therapeutics Announces Appointment of Jeff Ervin as Chief Financial Officer
Cingulate Inc. Reports Full Year 2024, Fourth Quarter Results, and Provides Development Update on Major Milestones Achieved
Cingulate Announces Adjournment of Special Meeting
Cingulate Issued European Patent for Lead Asset CTx-1301 for the Treatment of ADHD
Cingulate Announces Exercise of Warrants for $1.86 Million Gross Proceeds
Cingulate and ADHD Expert Dr. Ann Childress, MD to Participate in Benzinga All Live Access Event
Cingulate Achieves Key Manufacturing Milestone in the Development of its ADHD Drug CTx-1301 in Preparation for FDA Marketing Clearance
Peter J. Werth, Successful Pharma Entrepreneur, Philanthropist, Cingulate Investor and Board Member, to be Featured with Chairman and CEO Shane J. Schaffer on Benzinga All Live Access
Cingulate to Participate in Planet MicroCap Showcase: Vegas 2024
Cingulate to Participate in Benzinga All Live Access Event
Cingulate to Attend DCAT Week 2024 in New York City
Cingulate Appoints Jay Roberts, Bryan Lawrence, and Jeff Ervin to its Board of Directors
Cingulate Announces Closing of $7.5 Million Public Offering
Cingulate Announces Pricing of $7.5 Million Public Offering
Longtime Cingulate Controller Jennifer Callahan Promoted to CFO
Werth Family Investment Associates Converts Remaining $3.3M of Debt and Accrued Interest into Cingulate Equity at Premium to Market
Cingulate Receives Guidance from FDA on Path Forward for Anxiety Asset CTx-2103 (buspirone)
Cingulate Inc. Reports Third Quarter 2023 Financial Results and Provides Clinical and Business Update
Cingulate to Host CNS Key Opinion Leader Panel in New York City
- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 65.73M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 45.98M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 3.48
- P/S
P/S ratio compares a company's share price to its revenue per share.
- —
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -1.94
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- —
- EPS
- -2.06
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -19.77M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -146.91%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -89.8%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.33
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 2.55
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 2.55
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 2.36
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 748.18K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 4.88
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | -7.92M | -5.59M | -6M | -4.65M | -3.71M |
| EBITDA | -7.8M | -5.46M | -5.89M | -4.5M | -3.54M |
| Net income | -9.31M | -6.27M | -7.34M | -4.79M | -3.85M |
| Basic EPS | -0.95 | -0.84 | -1.35 | -1.09 | -1.06 |
| Diluted EPS | -0.95 | -0.84 | -1.35 | -1.09 | -1.06 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 30.86M | 15.07M | 10.52M | 13.47M | 12.47M |
| Total liabilities | 12M | 12.56M | 7.05M | 7.96M | 6.54M |
| Total equity | 18.86M | 2.51M | 3.47M | 5.51M | 5.93M |
| Cash & equivalents | 25.89M | 10.95M | 6.12M | 8.9M | 9.52M |
| Current assets | 27.91M | 12.01M | 7.43M | 10.2M | 10.5M |
| Current liabilities | 10.96M | 10.31M | 5.88M | 6.73M | 5.62M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | -6.91M | -3.6M | -4.24M | -4.8M | -4.61M |
| Investing cash flow | -61.18K | -156.21K | 0 | -5.93K | — |
| Financing cash flow | 21.91M | 8.59M | 1.46M | 4.18M | 1.92M |
| Change in cash | 14.94M | 4.83M | -2.78M | -618.78K | -2.69M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — Cingulate Inc. | View Filing | |
| edgar index | DEFA14A — Cingulate Inc. | View Filing | |
| edgar index | ARS — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | PRE 14A — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| edgar index | 10-Q — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 424B3 — Cingulate Inc. | View Filing | |
| edgar index | EFFECT — Cingulate Inc. | View Filing | |
| edgar index | CORRESP — Cingulate Inc. | View Filing | |
| edgar index | UPLOAD — Cingulate Inc. | View Filing | |
| edgar index | S-3 — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Silva Raul R. | View Filing | |
| edgar index | 424B3 — Cingulate Inc. | View Filing | |
| edgar index | SCHEDULE 13D/A — Cingulate Inc. | View Filing | |
| edgar index | CORRESP — Cingulate Inc. | View Filing | |
| edgar index | EFFECT — Cingulate Inc. | View Filing | |
| edgar index | UPLOAD — Cingulate Inc. | View Filing | |
| edgar index | 424B3 — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| edgar index | EFFECT — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | S-3/A — Cingulate Inc. | View Filing | |
| edgar index | CORRESP — Cingulate Inc. | View Filing | |
| edgar index | S-3 — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| edgar index | 10-K — Cingulate Inc. | View Filing | |
| edgar index | DEFA14A — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| form 4 | Form 4 — Brams Matthew | View Filing | |
| form 4 | Form 4 — Brams Matthew | View Filing | |
| form 4 | Form 4 — Callahan Jennifer L. | View Filing | |
| form 4 | Form 4 — Callahan Jennifer L. | View Filing | |
| form 4 | Form 4 — Patel Nilay Dahyabhai | View Filing | |
| form 4 | Form 4 — Patel Nilay Dahyabhai | View Filing | |
| form 4 | Form 4 — Schaffer Shane J. | View Filing | |
| form 4 | Form 4 — Schaffer Shane J. | View Filing | |
| form 4 | Form 4 — Schaffer Shane J. | View Filing | |
| form 4 | Form 4 — Silva Raul R. | View Filing | |
| form 4 | Form 4 — Silva Raul R. | View Filing | |
| edgar index | DEF 14A — Cingulate Inc. | View Filing | |
| edgar index | PRE 14A — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | 4 — Cingulate Inc. | View Filing | |
| edgar index | SCHEDULE 13D — Cingulate Inc. | View Filing | |
| edgar index | 8-K — Cingulate Inc. | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — Brams Matthew | View Filing | |
| form 4 | Form 4 — Brams Matthew | View Filing | |
| form 4 | Form 4 — Schaffer Shane J. | View Filing | |
| form 4 | Form 4 — Schaffer Shane J. | View Filing | |
| form 4 | Form 4 — Schaffer Shane J. | View Filing | |
| form 4 | Form 4 — Callahan Jennifer L. | View Filing | |
| form 4 | Form 4 — Callahan Jennifer L. | View Filing | |
| form 4 | Form 4 — Werth Peter J. | View Filing | |
| form 4 | Form 4 — Werth Peter J. | View Filing |