earnings
confidence medium
sentiment negative
materiality 0.70
Shuttle Pharma prelim FY2025 net loss widens to ~$11-12M; G&A up 3.6x on investor ads
Shuttle Pharmaceuticals Holdings, Inc.
2025-FY EPS reported
-$7.16
- Preliminary FY2025 net loss expected between $10.9M and $12.1M vs $9.1M in FY2024; revenue remains zero.
- G&A expense surged to $5.2-5.8M from $1.4M, driven by $3.6M in investor relations advertising costs.
- Working capital turns negative to deficit of $0.7-0.8M from positive $0.7M; cash used for Molecule.ai acquisition and trial wind-down.
- Intangible assets of $9.8M from Molecule.ai acquisition; contingent consideration of $2.0M and consideration payable of $4.4M.
- All convertible notes converted to stock; company needs additional financing to continue as going concern.