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60 DEGREES PHARMACEUTICALS INC

For the period ended Mar 31, 2024. Filed May 15, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 15, 2024

SXTP$0.52-4.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Consolidated Condensed Statements of Shareholders’ Deficit

CONSOLIDATED CONDENSED STATEMENTS OF SHAREHOLDERS’ EQUITY (DEFICIT) (UNAUDITED)

Series A Preferred Stock · Common Stock · Additional Paid-In · Accumulated · Accumulated Other Comprehensive · Total Shareholders’ Equity (Deficit) Attributable · Noncontrolling Interest on · Total Shareholders’ Equity
Shares · Amount · Shares · Amount · Capital · Deficit · Income (Loss) · to 60P · Shareholders · (Deficit)
Balance—December 31, 2022-$-2,386,009$239$5,164,461$(28,815,148)$73,708$(23,576,740)$(572,320)$(24,149,060)
Cancellation of common stock--(1,451,000)(145)145-----
Share-based compensation to vendors for services--1,443,0001445,378,764--5,378,908-5,378,908
Net foreign translation loss------(1,290)(1,290)-(1,290)
Net (loss) income-----(2,600,061)-(2,600,061)2,527(2,597,534)
Balance— March 31, 2023-$-2,378,009$238$10,543,370$(31,415,209)$72,418$(20,799,183)$(569,793)$(21,368,976)
Series A Preferred Stock · Common Stock · Additional Paid-In · Accumulated · Accumulated Other Comprehensive · Total Shareholders ’Equity (Deficit) Attributable · Noncontrolling Interest on · Total Shareholders’ Equity
SharesAmountSharesAmountCapitalDeficitIncome (Loss)to 60PShareholders(Deficit)
Balance—December 31, 202378,803$9,858,0405,810,089$581$27,456,802$(32,580,850)$135,561$4,870,134$(72,038)$4,798,096
Issuance of common stock and warrants, net of underwriting discounts and offering costs paid at closing and deferred offering costs--5,260,9515261,897,770--1,898,296-1,898,296
Issuance of common stock upon exercise of Pre-Funded Warrants--499,538504,945--4,995-4,995
Issuance of shares for RSUs--192,00019(19)-----
Net foreign translation loss------(3,894)(3,894)-(3,894)
Net income (loss)-----430,470-430,470(2,485)427,985
Balance— March 31, 202478,803$9,858,04011,762,578$1,176$29,359,498$(32,150,380)$131,667$7,200,001$(74,523)$7,125,478
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.