Cingulate Inc. (CINGW)
Cingulate Inc. (CINGW)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Other receivables | NaN | NaN | 19,041 | 19,585 |
| Cash and cash equivalents | 25,893,210 | 10,953,383 | 6,118,710 | 8,900,183 |
| Miscellaneous receivables | NaN | 8,013 | NaN | NaN |
| Other receivables | 53,938 | NaN | NaN | NaN |
| Prepaid expenses and other current assets | 1,966,348 | 1,046,862 | 1,295,559 | 1,302,900 |
| Total current assets | 27,913,496 | 12,008,258 | 7,433,310 | 10,222,668 |
| Property and equipment, gross | 5,624,070 | 5,562,887 | 5,406,674 | NaN |
| Less accumulated depreciation | 3,958,153 | 3,836,968 | 3,715,136 | NaN |
| Property and equipment, net | 1,665,917 | 1,725,919 | 1,691,538 | 1,798,320 |
| Operating lease right-of-use assets | 1,282,288 | 1,339,086 | 1,394,044 | 1,447,220 |
| Total assets | 30,861,701 | 15,073,263 | 10,518,892 | 13,468,208 |
| Finance lease liability, current | NaN | NaN | NaN | 0 |
| Accounts payable | 2,670,137 | 2,035,685 | 866,245 | 872,853 |
| Interest | NaN | 563,883 | NaN | NaN |
| Employee compensation | NaN | 455,177 | NaN | NaN |
| Commercial costs | NaN | 393,076 | NaN | NaN |
| Research and development | NaN | 166,696 | NaN | NaN |
| State franchise taxes | NaN | 44,000 | NaN | NaN |
| Professional fees | NaN | 31,542 | NaN | NaN |
| Other | NaN | 87,742 | NaN | NaN |
| Accrued expenses | 1,897,707 | 1,742,116 | 1,600,152 | 501,786 |
| Note payable, current | 6,146,703 | 6,295,960 | 3,184,765 | 5,134,475 |
| Operating lease liability, current | 246,864 | 238,864 | 231,123 | 223,633 |
| Total current liabilities | 10,961,411 | 10,312,625 | 5,882,285 | 6,732,747 |
| Note payable | NaN | 1,151,509 | NaN | 0 |
| Operating lease liability, net of current | 1,035,424 | 1,100,222 | 1,162,921 | 1,223,587 |
| Total long-term liabilities | 1,035,424 | 2,251,731 | 1,162,921 | 1,223,587 |
| Total liabilities | 11,996,835 | 12,564,356 | 7,045,206 | 7,956,334 |
| Common stock, 0.0001 par value 240,000,000 shares authorized and 11,908,316 and 7,250,299 shares issued and outstanding as of march 31, 2026 and december 31, 2025 | 1,190 | 725 | 596 | 488 |
| Additional paid-in-capital | 160,550,796 | 134,883,213 | 129,575,211 | 122,591,992 |
| Accumulated deficit | -141,687,120 | -132,375,031 | -126,102,121 | -117,080,606 |
| Total stockholders equity | 18,864,866 | 2,508,907 | 3,473,686 | 5,511,874 |
| Total liabilities and stockholders equity | 30,861,701 | 15,073,263 | 10,518,892 | 13,468,208 |