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Pasithea Therapeutics Corp.

corporate_fare Company Profile

Pasithea Therapeutics Corp.

KTTA·NASDAQ·Life Sciences·CIK 0001841330

We are a clinical-stage biotechnology company focused on discovering, researching, and developing innovative treatments for RASopathies, MAPK pathway-driven tumors, and other diseases, including central nervous system (CNS) disorders. We are advancing a pipeline of two therapeutic product candidates. Our lead product candidate is PAS-004, a next-generation macrocyclic Mitogen-Activated Protein Kinase ("MEK") inhibitor. PAS-004 is a small molecule allosteric inhibitor of MEK 1 and 2 ("MEK 1/2") for potential use in treating various RASopathies, including neurofibromatosis type 1 ("NF1"), and a number of MAPK pathway-driven tumors, such as those driven by BRAFv600 mutations and BRAF fusion tumors. It is also being developed for amyotrophic lateral sclerosis ("ALS") and other indications, including ETS2 driven diseases like inflammatory bowel disease ("IBD"), primary sclerosing cholangitis, and ankylosing spondylitis. MEK 1/2 are protein kinases involved in the mitogen-activated protein kinase, or MAPK pathway, which is important in cellular biology and a frequent target for drug discovery. The MAPK pathway drives cell proliferation, differentiation, survival, and other cellular functions, and its abnormal upregulation is critical for tumor formation and progression, fibrosis, and other diseases. MEK inhibitors block the activation of extracellular signal-regulated kinases ("ERK"), which can lead to cell death and inhibition of tumor growth. Existing MEK inhibitors approved by the U.S. Food and Drug Administration (the "FDA") are marketed for certain cancers and symptomatic, inoperable NF1-associated plexiform neurofibromas ("NF1-PN"). For NF1-PN, Koselugo (selumitinib) and Gomekli (mirdametinib) are FDA approved for adult and pediatric NF1-PN patients.

Pasithea Therapeutics Corp. (NASDAQ:KTTA) is a publicly traded company in the Life Sciences sector. Wiseek monitors KTTA SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • FDA Grants Orphan Drug Status to Pasithea's ALS Drug PAS-004
  • Pasithea Therapeutics Narrows Q1 Net Loss to $2.87M, EPS Improves to $(0.12)
  • Pasithea Therapeutics Reports Improved Q1 Net Loss, Strong Cash Position, and Increased R&D Spending
  • Pasithea Therapeutics Appoints Experienced CMO, Grants Substantial Equity Options to Executives and Directors
  • FDA Grants Rare Pediatric Disease Designation to PAS-004, Opening Door to Potential $150M+ Priority Review Voucher

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$20.43M
Diluted EPS
-$2.91
Op. Cash Flow
-$15.21M
Operating Income
-$20.86M
Cash & Equivalents
$55.16M
Debt / Equity
0.00×
Shares Outstanding
23.09M sh
Source: 10-K · filed 2026-03-30 · accession 0001213900-26-036434
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$0.612 +0.02% today
52-week range · as of 2026-05-15 $0.281 – $2.06
Market cap
$19.75M
Volume
135K (0.3× avg)
3-mo avg 434.1K
Live data · 2026-06-14 03:54 UTC · Market closed

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feed KTTA - Latest Insights

KTTA
Jun 02, 2026, 7:02 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.7267
Real-time Price: $0.612 info
Change: -$0.1147 (-16%) info
Market Cap: $19.751M info
KTTA
May 15, 2026, 4:38 PM EDT
Source: Wiseek News
Importance Score:
7
Price at Filing: $0.800
Real-time Price: $0.612 info
Change: -$0.188 (-24%) info
Market Cap: $19.751M info
KTTA
May 15, 2026, 4:30 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.7839
Real-time Price: $0.612 info
Change: -$0.1719 (-22%) info
Market Cap: $19.751M info
KTTA
May 04, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.8466
Real-time Price: $0.612 info
Change: -$0.2346 (-28%) info
Market Cap: $19.751M info
KTTA
Apr 20, 2026, 7:01 AM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $0.850
Real-time Price: $0.612 info
Change: -$0.238 (-28%) info
Market Cap: $19.751M info
KTTA
Apr 01, 2026, 7:01 AM EDT
Source: GlobeNewswire
Importance Score:
8
Price at Filing: $0.7649
Real-time Price: $0.612 info
Change: -$0.1529 (-20%) info
Market Cap: $19.751M info
KTTA
Mar 30, 2026, 5:45 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $0.715
Real-time Price: $0.612 info
Change: -$0.103 (-14%) info
Market Cap: $19.751M info
KTTA
Feb 20, 2026, 5:00 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.800
Real-time Price: $0.612 info
Change: -$0.188 (-24%) info
Market Cap: $19.751M info
KTTA
Jan 28, 2026, 4:15 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.8529
Real-time Price: $0.612 info
Change: -$0.2409 (-28%) info
Market Cap: $19.751M info