Pasithea Therapeutics (KTTA)

Nasdaq Market Closed

Pasithea Therapeutics Corp. is a clinical-stage biotechnology company developing drug candidates for central nervous system disorders, RASopathies and selected cancers. The company’s work sits at the intersection of neuroscience, oncology, translational medicine and small-molecule drug development, with a focus on diseases where abnormal cell-signaling pathways contribute to serious unmet medical needs.

Its lead programme, PAS-004, is a macrocyclic small-molecule inhibitor of MEK1/2, a key component of the RAS/MAPK pathway. Pasithea is studying this approach for conditions linked to pathway dysregulation, including Neurofibromatosis Type 1, a genetic disorder that can cause tumour growth along nerves and other complications. The company’s broader pipeline also includes PAS-003, a monoclonal antibody programme, and PAS-001, a small-molecule programme.

Pasithea’s research interests extend across disorders such as amyotrophic lateral sclerosis, multiple sclerosis and schizophrenia, alongside oncology-related applications. This gives the company a wider scientific platform than many single-asset biotechnology firms, although its value remains closely tied to the progress of early-stage research and clinical development.

As a listed biotech stock, KTTA is primarily exposed to drug-development milestones, regulatory outcomes, financing needs and investor appetite for high-risk life sciences companies. Pasithea does not operate as a diversified commercial healthcare business; its reportable activity is centred on research and development. Investors therefore tend to assess the company through the quality of its pipeline, the strength of its scientific rationale, trial execution and the potential market opportunity if any of its candidates advance successfully.

0.64 USD
0.64 USD
−0.01 (-1.05%)
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Last updated

Market Cap
21.72M
P/E
P/FCF
P/S
Enterprise Value
-28.68M
Sector
Health Care
Industry
Pharmaceutical Preparations
Address
1111 LINCOLN ROAD, SUITE 500, MIAMI BEACH, FL, 33139
GlobeNewswire Inc.

Pasithea Therapeutics Announces Closing of $60 Million Public Offering of Common Stock

02 Dec 2025, 20:00 PM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Positive PAS-004 Tablet Pharmacokinetic (PK) Data in Ongoing Phase 1/1b Trial in Adult NF1 Patients

22 Nov 2025, 01:35 AM
GlobeNewswire Inc.

Neurofibromatosis Type 1 Market Set to Witness Significant Growth During the Study Period (2020–2034) Driven by Advances in Treatment | DelveInsight

16 May 2025, 01:00 AM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Closing of $5 Million Public Offering

08 May 2025, 05:00 AM
GlobeNewswire Inc.

Pasithea Therapeutics to Present at the 2025 CAGLA NeauxCancer Conference

24 Mar 2025, 18:59 PM
GlobeNewswire Inc.

Pasithea Therapeutics Announces $5 Million Private Placement Priced At-The-Market Under Nasdaq Rules

27 Sept 2024, 06:44 AM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Successful Completion of PAS-004 Chronic Toxicity Studies

09 Sept 2024, 20:01 PM
GlobeNewswire Inc.

Pasithea Therapeutics Announces FDA Acceptance of IND Application to Evaluate PAS-004 in Advanced Cancer Patients

02 Jan 2024, 21:35 PM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Adjournment of Reconvened Meeting of Stockholders to December 29, 2023

29 Dec 2023, 06:00 AM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Results from 2023 Annual Meeting

20 Dec 2023, 06:19 AM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Positive In Vivo Preclinical Efficacy Data for PAS-004 from NRAS Mutation Cancer Xenograft Models

11 Dec 2023, 21:01 PM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Adjournment of 2023 Annual Meeting of Stockholders

30 Nov 2023, 05:27 AM
GlobeNewswire Inc.

Pasithea Therapeutics Corp. Announces Final Results of Tender Offer

14 Sept 2023, 20:30 PM
GlobeNewswire Inc.

Pasithea Therapeutics to Participate in H.C. Wainwright 25th Annual Global Investment Conference

08 Sept 2023, 04:14 AM
GlobeNewswire Inc.

Pasithea Therapeutics Announces Intention to Commence a $4.0 Million Tender Offer for its Common Stock at Price of $0.70 per Share in Cash

20 Jul 2023, 20:43 PM
GlobeNewswire Inc.

Pasithea Therapeutics Special Committee Rejects Unsolicited Bid from Lucy Scientific Discovery, Inc.

20 Jul 2023, 20:40 PM
GlobeNewswire Inc.

Pasithea Therapeutics Confirms Previous Creation of Independent Special Committee of its Board of Directors

30 Jun 2023, 21:28 PM
GlobeNewswire Inc.

Pasithea Therapeutics Confirms Receipt of Unsolicited Proposal from Lucy Scientific Discovery Inc.

07 Jun 2023, 04:30 AM
GlobeNewswire Inc.

Pasithea Therapeutics to Participate in EF Hutton Inaugural Global Conference

03 May 2023, 20:26 PM
GlobeNewswire Inc.

Pasithea Therapeutics Chairman, Prof. Lawrence Steinman to Deliver Dr. Kenneth P. Johnson Lecture at Americas Committee for Treatment and Research in Multiple Sclerosis (ACTRIMS)

23 Feb 2023, 21:00 PM
Market Cap
21.72M
Enterprise Value
-28.68M
P/E
P/B
0.4
P/S
EV / EBITDA
1.34
EV / Sales
EPS
-0.59
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
ROE
-36%
ROA
-35.02%
Debt / Equity
0
Current Ratio
35.33
Quick Ratio
35.33
Cash
33.84
Avg Volume
427.1K
Fundamentals Snapshot Price
0.65

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
Operating income -4.88M -10.26M -3.11M -3.81M -3.68M
EBITDA -4.72M -10.1M -2.93M -3.65M -3.52M
Net income -2.87M -10.11M -3.04M -3.72M -3.56M
Basic EPS -0.12 -0.89 -0.41 -0.66 -1.61
Diluted EPS -0.12 -0.89 -0.41 -0.66 -1.61

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 56.35M 60.24M 13.63M 17.01M 14.66M
Total liabilities 1.54M 5.02M 1.42M 1.83M 1.68M
Total equity 54.81M 55.22M 12.21M 15.18M 12.98M
Cash & equivalents 50.4M 55.16M 4.12M 7.22M 5.34M
Current assets 52.63M 56.36M 5.43M 8.64M 6.12M
Current liabilities 1.49M 4.97M 1.38M 1.74M 1.59M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -4.79M -5.4M -2.89M -3.87M -3.06M
Investing cash flow 11K
Financing cash flow 750 56.42M -116.15K 5.74M 1.47M
Change in cash -4.76M 51.04M -2.99M 1.88M -1.58M
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edgar index EFFECT — Pasithea Therapeutics Corp. View Filing
form 4 Form 4 — Leahy Emer View Filing
form 4 Form 4 — Dumesnil Simon View Filing
form 4 Form 4 — Marques Tiago View Filing
form 4 Form 4 — Schneiderman Daniel H View Filing
form 4 Form 4 — STEINMAN LAWRENCE View Filing
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edgar index CORRESP — Pasithea Therapeutics Corp. View Filing
edgar index CORRESP — Pasithea Therapeutics Corp. View Filing
edgar index CORRESP — Pasithea Therapeutics Corp. View Filing
edgar index CORRESP — Pasithea Therapeutics Corp. View Filing
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