SXTP Sixty Degrees Pharmaceuticals

BEARISH Impact: 6/10 PRESS-RELEASE
Horizon immediate Filed May 15, 2026 Processed 25d 15h ago Wire GlobeNewswire
Press release: earnings
Latest settled — T+5d
SXTP ▲ +6.47% at T+5d
SHORT call ✗ call lost -6.47% · α vs SPY -5.51% · entry $1.39 → $1.48
Next anchor: T+20d in 5d
Last close $1.43 (close Jun 8) · -2.88% from $1.39 entry (call sign-flipped)
Entry anchored
May 14, 03:59 PM ET
via Databento tick
T+1d
+3.60%
call -3.60% · α -3.66%
$1.44
settled 23d ago
T+5d
+6.47%
call -6.47% · α -5.51%
$1.48
settled 19d ago
T+20d
call — · α —
in 5d
T+60d
call — · α —
in 2mo

Price Chart

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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

Gross Margin
46.91%

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

revenueepsnet lossgross profit

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

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
88% bullish (8 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3295850
4 reports for SXTP
Performance horizon
Filters
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Reports for SXTP — sortable, filterable
Type Now
May 26, 2026
14d ago
Press Release
NEUTRAL ★ 4/10
$1.50 $1.46▼ −2.67%▼ −3.75%$1.43 (−4.67%)
May 15, 2026
25d ago
Press Release
BEARISH ★ 6/10
$1.39 $1.48▼ −6.47%▼ −5.51%$1.43 (−2.88%)
Mar 31, 2026
10w ago
Press Release
MIXED ★ 5/10
$1.75 $1.81▲ +3.43%▼ −0.52%$1.43 (−18.29%)
Mar 18, 2026
11w ago
Press Release
NEUTRAL ★ 4/10
$2.12 $1.55▼ −26.89%▼ −26.17%$1.43 (−32.55%)
Showing 4 of 4

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