SXTP Sixty Degrees Pharmaceuticals
Price Chart
Executive Summary
Sixty Degrees Pharmaceuticals reported Q1 2026 revenue of $162K (down ~1% YoY) and a net loss of $1.28 per share, significantly missing the consensus EPS estimate of -$0.99. The company continues to burn cash with operating expenses of $2.17M against minimal revenue, and the going-concern warning in the forward-looking statements underscores persistent financial distress.
Key Financial Metrics
Actionable Insight
The EPS miss and widening net loss reinforce the company's cash-burn trajectory against a negligible revenue base. With a $4M market cap and going-concern risk, the stock is highly speculative and likely to remain under pressure. Monitor for any financing or partnership announcements that could extend the cash runway.
Key Facts
- Q1 2026 net product revenue of ~$162K, down ~1% from $164K in Q1 2025
- EPS of -$1.28 missed consensus estimate of -$0.99 by 29.3%
- Net loss of ~$2.21M vs ~$2.00M in Q1 2025, widening 10.5%
- Gross profit fell to ~$76K from $90K in the prior-year quarter
- Operating expenses increased to ~$2.17M from ~$2.09M
- Going-concern risk reiterated in forward-looking statements
Financial Impact
EPS miss of 29.3% on consensus -$0.99; revenue essentially flat at $162K; net loss widened by ~$210K
Risk Factors
- Going-concern risk — cash burn exceeds revenue by >10x
- No near-term catalyst for revenue inflection
- Low market cap ($4M) amplifies volatility and delisting risk
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3295850 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 26, 2026
14d ago
|
Press Release
| $1.50 $1.46 | ▼ −2.67% | ▼ −3.75% | $1.43 (−4.67%) |
|
May 15, 2026
25d ago
|
Press Release
| $1.39 $1.48 | ▼ −6.47% | ▼ −5.51% | $1.43 (−2.88%) |
|
Mar 31, 2026
10w ago
|
Press Release
| $1.75 $1.81 | ▲ +3.43% | ▼ −0.52% | $1.43 (−18.29%) |
|
Mar 18, 2026
11w ago
|
Press Release
| $2.12 $1.55 | ▼ −26.89% | ▼ −26.17% | $1.43 (−32.55%) |
US Market Status
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