Pelthos Therapeutics Inc.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
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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.
Jun 30, 2025 · Filed Aug 13, 2025
PTHS$8.90-5.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Cash Flows
FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024
| For the six months Ended June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(5,416,550) | $(4,333,949) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Amortization of debt discount | 258,891 | 605,630 |
| Stock-based compensation | 899,317 | 751,530 |
| Changes in operating assets and liabilities: | ||
| Accounts payable and accrued expenses | 3,102,476 | (1,481,113) |
| Accrued compensation | 23,636 | (282,518) |
| Due from Chromocell Corporation | — | (45,786) |
| Prepaid expenses | 52,959 | (158,102) |
| Net Cash Used In Operating Activities | (1,079,271) | (4,944,308) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from loan payable, net of debt discount | 625,000 | 1,455,416 |
| Proceeds from loan payable, net of debt discount - related party | — | 131,868 |
| Payment of bridge loan, net of debt discount | — | (214,757) |
| Common stock issued for cash | — | 5,972,000 |
| Recission of common stock | — | (91,512) |
| Net Cash Provided By Financing Activities | 625,000 | 7,253,015 |
| NET CHANGE IN CASH | (454,271) | 2,308,707 |
| CASH AT BEGINNING OF YEAR | 513,443 | 96,391 |
| CASH AT END OF YEAR | $59,172 | $2,405,098 |
| Supplemental cash flow information: | ||
| Cash paid for income taxes | $— | $— |
| Cash paid for interest expense | $18,750 | $— |
| NONCASH INVESTING AND FINANCING ACTIVITIES: | ||
| Debt discount from common stock issued for extension of bridge loan | $— | $447,779 |
| Conversion of notes to common stock | $736,992 | $1,362,821 |
| Transfer of liabilities to Chromocell Corporation for Series C Preferred Stock | $— | $2,153,362 |
| Offering costs recorded to debt discount | $39,063 | $— |
PELTHOS THERAPEUTICS INC.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.