For the year ending 2025-12-31, SXTP made $1,005,471 in revenue. -$7,365,158 in net income. Net profit margin of -732.51%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Product revenues net of discounts and rebates | 1,005,471 | 607,574 | ||
| Cost of revenues | 781,695 | 384,765 | ||
| Gross profit | 223,776 | 222,809 | ||
| Research revenues | 403,624 | 73,771 | ||
| Net revenue | 627,400 | 296,580 | ||
| Research and development | 2,106,156 | 4,986,526 | ||
| General and administrative expenses | 6,279,823 | 5,024,985 | ||
| Total operating expenses | 8,385,979 | 10,011,511 | ||
| Loss from operations | -7,758,579 | -9,714,931 | ||
| Interest expense | 7,805 | 7,912 | ||
| Change in fair value of derivative liabilities | 266,089 | -1,665,966 | ||
| Other income, net | 131,970 | 101,464 | ||
| Total interest and other income (expense), net | 390,254 | 1,759,518 | ||
| Loss from operations before provision for income taxes | -7,368,325 | -7,955,413 | ||
| Provision for income taxes (note 9) | 0 | 250 | ||
| Net loss | -7,368,325 | -7,955,663 | ||
| Net loss noncontrolling interest | -3,167 | -8,556 | ||
| Net loss attributed to 60 degrees pharmaceuticals, inc | -7,365,158 | -7,947,107 | ||
| Cumulative dividends on series a preferred stock | - | 483,301 | ||
| Unrealized foreign currency translation (loss) gain | - | -90 | ||
| Net loss - attributed to common stockholders | - | -8,430,498 | ||
| Basic EPS | -11.73 | -18.55 | ||
| Diluted EPS | -11.73 | -18.55 | ||
| Basic Average Shares | 670,211 | 454,582 | ||
| Diluted Average Shares | 670,211 | 454,582 | ||
60 DEGREES PHARMACEUTICALS, INC. (SXTP)
60 DEGREES PHARMACEUTICALS, INC. (SXTP)