SXTP on Nasdaq
60 DEGREES PHARMACEUTICALS, INC.
American pharmaceutical preparations company based in Washington. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with Galena Biopharma, Kitov Pharma or Shattuck Labs, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue27¢$781.7K
- Research and development73¢$2.1M
Out of $1.0M in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Product Revenues net of Discounts and Rebates | $1.0M | $607.6K |
| Cost of Revenues | $781.7K | $384.8K |
| Gross Profit | $223.8K | $222.8K |
| Research Revenues | $403.6K | $73.8K |
| Net Revenue | $627.4K | $296.6K |
| Research and Development | $2.1M | $5.0M |
| General and Administrative Expenses | $6.3M | $5.0M |
| Total Operating Expenses | $8.4M | $10.0M |
| Loss from Operations | -$7.8M | -$9.7M |
| Interest Expense | -$7.8K | -$7.9K |
| Change in Fair Value of Derivative Liabilities | $266.1K | $1.7M |
| Other Income, net | $132.0K | $101.5K |
| Total Interest and Other Income (Expense), net | $390.3K | $1.8M |
| Loss from Operations before Provision for Income Taxes | -$7.4M | -$8.0M |
| Provision for Income Taxes (Note 9) | $0 | $0 |
| Net Loss Noncontrolling Interest | -$3.2K | -$8.6K |
| Net Loss attributed to 60 Degrees Pharmaceuticals, Inc. | -$7.4M | -$7.9M |
| Net Loss | -$7.4M | -$8.0M |
| Unrealized Foreign Currency Translation Gain (Loss) | $7.1K | -$90 |
| Total Comprehensive Loss | -$7.4M | -$8.0M |
| Net Loss Noncontrolling Interest | -$3.2K | -$8.6K |
| Comprehensive Loss attributed to 60 Degrees Pharmaceuticals, Inc. | -$7.4M | -$7.9M |
| Cumulative Dividends on Series A Preferred Stock | -$501.1K | -$483.3K |
| Net Loss - attributed to common stockholders | -$7.9M | -$8.4M |
| Basic (in Dollars per share) | -$11.73 | -$74.17 |
| Diluted (in Dollars per share) | -$11.73 | -$74.17 |
| Basic (in Shares) | 670.2K shares | 113.7K shares |
| Diluted (in Shares) | 670.2K shares | 113.7K shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2025-02-28 | 2024-12-31 | 2024-07-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.5M | $1.7M | |||
| Accounts Receivable | $509.6K | $486.7K | |||
| Prepaid and Other Assets | $978.1K | $1.1M | |||
| Short-Term Investments | $1.2M | $1.7M | |||
| Inventory (Note 3) | $656.9K | $442.8K | |||
| Total Current Assets | $4.9M | $5.4M | |||
| Property and Equipment, net (Note 4) | $246.4K | $149.8K | |||
| Long-Term Prepaid Expense | $0 | $66.2K | |||
| Intangible Assets, net (Note 5) | $224.4K | $157.1K | |||
| Total Other Assets | $224.4K | $223.3K | |||
| Total Assets | $5.4M | $5.8M | |||
| Accounts Payable and Accrued Expenses | $1.5M | $1.0M | |||
| SBA EIDL (including accrued interest) (Note 7) | $8.8K | $8.8K | |||
| Derivative Liabilities (Note 8) | $374.7K | $640.8K | |||
| Total Current Liabilities | $1.8M | $1.7M | |||
| SBA EIDL (including accrued interest) (Note 7) | $144.0K | $147.1K | |||
| Total Long-Term Liabilities | $144.0K | $147.1K | |||
| Total Liabilities | $2.0M | $1.8M | |||
| Series A Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; 76,480 and 76,480 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively (Note 6) | $9.6M | $9.6M | |||
| Common Stock, $0.0001 par value, 150,000,000 shares authorized; 1,163,142 and 141,749 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively(1) (Note 6) | $116 | $14 | |||
| Additional Paid-in Capital | $41.6M | $34.9M | |||
| Accumulated Other Comprehensive Income | $142.6K | $135.5K | |||
| Accumulated Deficit | -$47.9M | -$40.5M | |||
| 60P Shareholders Equity: | $3.5M | $4.0M | |||
| Noncontrolling Interest | -$83.8K | -$80.6K | |||
| Total Shareholders Equity | $3.4M | $4.0M | $4.8M | ||
| Total Liabilities and Shareholders Equity | $5.4M | $5.8M | |||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Common stock, shares authorized | 150.0M shares | 150.0M shares | |||
| Common stock, shares issued | 1.2M shares | 141.7K shares | |||
| Common stock, shares outstanding | 1.2M shares | 1.5M shares | 141.7K shares | 21.2M shares |
| Period ending | 2025-12-31 | 2025-02-28 | 2024-12-31 | 2024-07-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.5M | $1.7M | |||
| Accounts Receivable | $509.6K | $486.7K | |||
| Prepaid and Other Assets | $978.1K | $1.1M | |||
| Short-Term Investments | $1.2M | $1.7M | |||
| Inventory (Note 3) | $656.9K | $442.8K | |||
| Total Current Assets | $4.9M | $5.4M | |||
| Property and Equipment, net (Note 4) | $246.4K | $149.8K | |||
| Long-Term Prepaid Expense | $0 | $66.2K | |||
| Intangible Assets, net (Note 5) | $224.4K | $157.1K | |||
| Total Other Assets | $224.4K | $223.3K | |||
| Total Assets | $5.4M | $5.8M | |||
| Accounts Payable and Accrued Expenses | $1.5M | $1.0M | |||
| SBA EIDL (including accrued interest) (Note 7) | $8.8K | $8.8K | |||
| Derivative Liabilities (Note 8) | $374.7K | $640.8K | |||
| Total Current Liabilities | $1.8M | $1.7M | |||
| SBA EIDL (including accrued interest) (Note 7) | $144.0K | $147.1K | |||
| Total Long-Term Liabilities | $144.0K | $147.1K | |||
| Total Liabilities | $2.0M | $1.8M | |||
| Series A Preferred Stock, $0.0001 par value, 1,000,000 shares authorized; 76,480 and 76,480 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively (Note 6) | $9.6M | $9.6M | |||
| Common Stock, $0.0001 par value, 150,000,000 shares authorized; 1,163,142 and 141,749 issued and outstanding as of December 31, 2025 and December 31, 2024, respectively(1) (Note 6) | $116 | $14 | |||
| Additional Paid-in Capital | $41.6M | $34.9M | |||
| Accumulated Other Comprehensive Income | $142.6K | $135.5K | |||
| Accumulated Deficit | -$47.9M | -$40.5M | |||
| 60P Shareholders Equity: | $3.5M | $4.0M | |||
| Noncontrolling Interest | -$83.8K | -$80.6K | |||
| Total Shareholders Equity | $3.4M | $4.0M | $4.8M | ||
| Total Liabilities and Shareholders Equity | $5.4M | $5.8M | |||
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Common stock, shares authorized | 150.0M shares | 150.0M shares | |||
| Common stock, shares issued | 1.2M shares | 141.7K shares | |||
| Common stock, shares outstanding | 1.2M shares | 1.5M shares | 141.7K shares | 21.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Loss | -$7.4M | -$8.0M |
| Depreciation | $43.3K | $11.7K |
| Amortization | $39.5K | $38.5K |
| Amortization of ROU Asset | $0 | $13.5K |
| Amortization of Capitalized Share-Based Payments | $176.5K | $3.6M |
| Share-Based Compensation under Equity Incentive Plan | $279.9K | $32.8K |
| Change in Fair Value of Derivative Liabilities | -$266.1K | -$1.7M |
| Write-offs of Capitalized Patents | $0 | $108.4K |
| Change in Inventory Reserve | $251.7K | $0 |
| Accounts Receivable | -$22.9K | -$255.4K |
| Prepaid and Other Assets | -$19.5K | -$39.4K |
| Inventory | -$465.8K | $23.4K |
| Accounts Payable and Accrued Liabilities | $491.1K | $501.4K |
| Accrued Interest, net | $11.6K | -$23.6K |
| Reduction of Lease Liability | $0 | -$13.7K |
| Net Cash Used in Operating Activities | -$6.8M | -$5.6M |
| Capitalization of Patents | -$55.5K | -$52.0K |
| Purchases of Fixed Assets | -$139.9K | -$103.8K |
| Acquisition of Intangibles | -$22.7K | -$25.4K |
| Purchase of Short-Term Investments | -$1.2M | -$1.7M |
| Maturities of Short-Term Investments | $1.7M | $0 |
| Net Cash Provided by (Used in) Investing Activities | $254.9K | -$1.9M |
| Net Proceeds from January 2024 Offering | $0 | $1.9M |
| Net Proceeds from January 2025 Offering | $804.3K | $0 |
| Net Proceeds from February 2025 Offering | $908.6K | $0 |
| Net Proceeds From July 2025 Offering | $4.3M | $0 |
| Shares Withheld for Net Share Settlement of Performance Bonuses | -$18.0K | $0 |
| Net proceeds from ATM Offering | $458.6K | $1.7M |
| Net proceeds from Private Placement | $0 | $3.4M |
| Proceeds from Exercise of Pre-Funded Warrants | $2.8K | $11.0K |
| Net Cash Provided by Financing Activities | $6.4M | $7.1M |
| Effect of Exchange Rate Changes on Cash | $7.1K | $499 |
| Change in Cash and Cash Equivalents | -$149.3K | -$483.1K |
| Cash paid During the Year for Interest | $8.8K | $8.8K |
| Cash paid During the Year for Income Taxes | $0 | $0 |
| Conversion of Series A Preferred Stock into Common Stock | $0 | $290.6K |
| Capitalized Share-Based Payments to Vendors | $0 | $26.3K |
| Fair Value of Warrants Issued to Underwriters | $0 | $71.4K |
| Capitalized Patent Costs included in Accounts Payable | $24.3K | $0 |
| Capitalized Website Costs included in Accounts Payable | $4.3K | $0 |
| ATM Offering Costs included in Accounts Payable | $53.5K | $0 |
| Gross Shares Issued for Annual Performance Bonuses | $121.5K | $0 |
No quarter-by-quarter statement was filed.
Compare 60 DEGREES PHARMACEUTICALS, INC. with another company
Leadership
Who has led 60 DEGREES PHARMACEUTICALS, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerGeoffrey S. Dow Jul 11, 2023 to now8
- PresidentGeoffrey S. Dow Jul 11, 2023 to now8
- Chief financial officerTyrone Miller Jul 11, 2023 to Jan 24, 20259
- Chief operating officerKristen Landon Aug 14, 2025 to now10
Board members and other officers (6)
- Chief Medical OfficerBryan Lee Smith Jul 11, 2023 to Jul 11, 202311
- Board memberEric Francois May 19, 2026 to now12
- Board memberCheryl Xu Jul 11, 2023 to now13
- Board memberGeoffrey S. Dow Jul 11, 2023 to now8
- Board memberPaul Field Jul 11, 2023 to May 21, 202414
- Board memberStephen Toovey Jul 11, 2023 to May 21, 202415
Timeline
- Jul 11, 2023New chief executive Geoffrey S. Dow becomes CEO8
Filings
220 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 47 major events, 40 insider forms, 21 large holders, 3 private raises, 96 other. The latest 20:
- Oct 6, 20268-K CURRENT REPORT EDGAR
- Sep 14, 20268-K CURRENT REPORT EDGAR
- Sep 8, 20268-K CURRENT REPORT EDGAR
- Aug 25, 2026EFFECT EDGAR
- Aug 17, 2026DEL AM DELAYING AMENDMENT EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 14, 2026S-3 REGISTRATION STATEMENT EDGAR
- Aug 6, 20268-K CURRENT REPORT EDGAR
- Aug 5, 2026SCHEDULE 13G EDGAR
- Aug 4, 20268-K CURRENT REPORT EDGAR
- Jul 29, 20263 EDGAR
- Jul 29, 2026SCHEDULE 13G EDGAR
- Jul 20, 20268-K CURRENT REPORT EDGAR
- Jul 9, 20268-K CURRENT REPORT EDGAR
- Jul 2, 2026DEF 14A DEFINITIVE PROXY STATEMENT EDGAR
- Jun 15, 20264 EDGAR
- Jun 8, 2026PRE 14A PRELIMINARY PROXY STATEMENT EDGAR
- Jun 3, 20268-K CURRENT REPORT EDGAR
- May 19, 20263 EDGAR
- May 18, 20268-K CURRENT REPORT EDGAR
The 220 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
17 open-market trades by officers, directors and large owners since October 2021: 17 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 12, 2026 | DOW GEOFFREY SPresident and CEO | Buy | 7,350 | $1.38 | $10.1K | Form 4 |
| Dec 15, 2025 | DOW GEOFFREY SPresident and CEO | Buy | 9,670 | $0.80 | $7.7K | Form 4 |
| Dec 11, 2025 | DOW GEOFFREY SPresident and CEO | Buy | 3,613 | $0.92 | $3.3K | Form 4 |
| Dec 10, 2025 | DOW GEOFFREY SPresident and CEO | Buy | 9,350 | $0.95 | $8.9K | Form 4 |
| Jun 3, 2025 | XU CHERYLDirector | Buy | 5,000 | $2.88 | $14.4K | Form 4 |
| Dec 16, 2024 | XU CHERYLDirector | Buy | 2,000 | $1.45 | $2.9K | Form 4 |
| Dec 13, 2024 | XU CHERYLDirector | Buy | 6,000 | $1.56 | $9.4K | Form 4 |
| Dec 12, 2024 | XU CHERYLDirector | Buy | 5,000 | $1.82 | $9.1K | Form 4 |
| Dec 9, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 35,823 | $1.27 | $45.5K | Form 4 |
| Dec 6, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 20,579 | $1.20 | $24.7K | Form 4 |
| Dec 5, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 17,549 | $1.11 | $19.5K | Form 4 |
| Nov 21, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 3,500 | $0.91 | $3.2K | Form 4 |
| Nov 20, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 1,000 | $0.92 | $920 | Form 4 |
| Nov 19, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 2,500 | $0.90 | $2.2K | Form 4 |
| Aug 27, 2024 | XU CHERYLDirector | Buy | 5,000 | $1.70 | $8.5K | Form 4 |
| Jan 31, 2024 | DOW GEOFFREY SPresident and CEO | Buy | 25,974 | $0.38 | $9.9K | Form 4 |
| Jan 31, 2024 | XU CHERYLDirector | Buy | 200,000 | $0.38 | $76.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Lind Global Fund III LPSCHEDULE 13G, 1 filing Aug 5, 202616
- Knight Therapeutics Inc.SCHEDULE 13G, 3 filings Nov 13, 2024 to Jul 29, 202617
- CVI Investments, Inc.SCHEDULE 13G/A, 3 filings Jul 22, 2025 to May 15, 202618
- INTRACOASTAL CAPITAL, LLCSCHEDULE 13G/A, 5 filings Feb 3, 2025 to May 13, 202619
- Ayrton Capital LLCSCHEDULE 13G/A, 2 filings May 14, 2025 to Nov 13, 202520
- Orca Capital AGSCHEDULE 13G/A, 2 filings Jul 17, 202521
- ARMISTICE CAPITAL, LLCSCHEDULE 13G/A, 3 filings Nov 14, 2024 to May 15, 202522
- KNIGHT THERAPEUTICS INTERNATIONAL SASC 13G/A, 2 filings Dec 18, 2023 to May 7, 202423
Money raised
Private offerings the company reported to the SEC on Form D.
- Feb 5, 2025Raised $1.1 million in a private offering of securities Form D: 4 investors so far Form D
- Jan 28, 2025Raised $1 million in a private offering of securities Form D: 4 investors so far Form D
- May 19, 2022Raised $1.8 million in a private offering of securities Form D: 10 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Kathmere Capital Management, LLC | 265,100 | $466.6K | 0.0% | +120,417 |
| Citadel Advisors LLC | 22,362 | $39.4K | 0.0% | New |
| XTX Topco Ltd | 17,639 | $31.0K | 0.0% | New |
| Kovack Advisors, Inc. | 15,000 | $26.4K | 0.0% | New |
| Geode Capital Management, LLC | 14,551 | $25.6K | 0.0% | −1,744 |
| UBS Group AG | 13,592 | $23.9K | 0.0% | −17,818 |
| Barclays PLC | 1,052 | $1.9K | 0.0% | −804 |
| Osaic Holdings, Inc. | 25 | $44 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGAREric Francois, Board member
- 13SEC EDGARCheryl Xu, Board member
- 14SEC EDGARPaul Field, Board member
- 15SEC EDGARStephen Toovey, Board member
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