Home / Going-concern warnings / 60 DEGREES PHARMACEUTICALS, INC.
Filed 2026-08-14 路 Form 10-Q 路 Accession 0001554855-26-001860 nano
Price before filing: $1.18 (2026-08-13 close, split/dividend-adjusted)
Market cap at flag: $3.2M (2026-08-14) 路 Latest: $2.3M (2026-10-16)
| Window | SXTP | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -23.9% | -2.2% | -21.7% | 2026-09-14 |
| 90 days | pending | pending | until 2026-11-12 | |
| 180 days | pending | pending | until 2027-02-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"However, based on our cash forecasts and planned operating expenditures, we do not currently have sufficient cash and cash equivalents to fund our operating plan for at least the next 12 months from the date of issuance of these financial statements, which raises substantial doubt about our ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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