Cingulate Inc. posts third quarter loss of $6.0 million
Cingulate Inc. reported a net loss of $6.0 million for the third quarter of 2025, compared to a net loss of $3.3 million in the same period in 2024. For the nine months ended September 30, 2025, the net loss was $14.4 million, up from $9.4 million in the prior year period. Research and development expenses for the quarter were $2.8 million, and general and administrative expenses were $3.1 million, both higher than the previous year. As of September 30, 2025, cash and cash equivalents totaled $6.1 million, with total assets at $10.5 million and stockholders' equity at $3.5 million. During the period, the FDA accepted Cingulate's New Drug Application for CTx-1301, with a Prescription Drug User Fee Act (PDUFA) date set for May 31, 2026. The company also completed a $6.6 million financing transaction through a non-convertible, unsecured promissory note.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cingulate Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574666-en) on November 13, 2025, and is solely responsible for the information contained therein.
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