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.

4.80 USD
4.80 USD
−0.08 (-1.64%)
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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
GlobeNewswire Inc.

Cingulate Provides Management Team Update

15 Aug 2025, 18:30 PM
GlobeNewswire Inc.

Allarity Therapeutics Announces Appointment of Jeff Ervin as Chief Financial Officer

07 Jul 2025, 17:30 PM
GlobeNewswire Inc.

Cingulate Inc. Reports Full Year 2024, Fourth Quarter Results, and Provides Development Update on Major Milestones Achieved

27 Mar 2025, 02:30 AM
GlobeNewswire Inc.

Cingulate Announces Adjournment of Special Meeting

24 Aug 2024, 02:15 AM
GlobeNewswire Inc.

Cingulate Issued European Patent for Lead Asset CTx-1301 for the Treatment of ADHD

15 Aug 2024, 17:15 PM
GlobeNewswire Inc.

Cingulate Announces Exercise of Warrants for $1.86 Million Gross Proceeds

28 Jun 2024, 18:45 PM
GlobeNewswire Inc.

Cingulate and ADHD Expert Dr. Ann Childress, MD to Participate in Benzinga All Live Access Event

26 Jun 2024, 02:00 AM
GlobeNewswire Inc.

Cingulate Achieves Key Manufacturing Milestone in the Development of its ADHD Drug CTx-1301 in Preparation for FDA Marketing Clearance

25 Jun 2024, 18:50 PM
GlobeNewswire Inc.

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

30 Apr 2024, 15:15 PM
GlobeNewswire Inc.

Cingulate to Participate in Planet MicroCap Showcase: Vegas 2024

17 Apr 2024, 02:30 AM
GlobeNewswire Inc.

Cingulate to Participate in Benzinga All Live Access Event

20 Mar 2024, 02:15 AM
GlobeNewswire Inc.

Cingulate to Attend DCAT Week 2024 in New York City

06 Mar 2024, 17:15 PM
GlobeNewswire Inc.

Cingulate Appoints Jay Roberts, Bryan Lawrence, and Jeff Ervin to its Board of Directors

13 Feb 2024, 17:15 PM
GlobeNewswire Inc.

Cingulate Announces Closing of $7.5 Million Public Offering

07 Feb 2024, 02:45 AM
GlobeNewswire Inc.

Cingulate Announces Pricing of $7.5 Million Public Offering

02 Feb 2024, 19:45 PM
GlobeNewswire Inc.

Longtime Cingulate Controller Jennifer Callahan Promoted to CFO

29 Jan 2024, 18:30 PM
GlobeNewswire Inc.

Werth Family Investment Associates Converts Remaining $3.3M of Debt and Accrued Interest into Cingulate Equity at Premium to Market

29 Jan 2024, 17:15 PM
GlobeNewswire Inc.

Cingulate Receives Guidance from FDA on Path Forward for Anxiety Asset CTx-2103 (buspirone)

01 Dec 2023, 19:30 PM
GlobeNewswire Inc.

Cingulate Inc. Reports Third Quarter 2023 Financial Results and Provides Clinical and Business Update

14 Nov 2023, 02:45 AM
GlobeNewswire Inc.

Cingulate to Host CNS Key Opinion Leader Panel in New York City

17 Oct 2023, 23:52 PM
Market Cap
65.73M
Enterprise Value
45.98M
P/E
P/B
3.48
P/S
EV / EBITDA
-1.94
EV / Sales
EPS
-2.06
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-19.77M
ROE
-146.91%
ROA
-89.8%
Debt / Equity
0.33
Current Ratio
2.55
Quick Ratio
2.55
Cash
2.36
Avg Volume
748.18K
Fundamentals Snapshot Price
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
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form 4 Form 4 — Brams Matthew View Filing
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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
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edgar index 8-K — Cingulate Inc. View Filing
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edgar index SCHEDULE 13D — Cingulate Inc. View Filing
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form 4 Form 4 — Brams Matthew View Filing
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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