Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$11.50M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
396.83%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.721M
Q3 2024
Cash
Q3 2024
P/E
-0.2883
Nov 29, 2024 EST
Free Cash Flow
-$5.732M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $110.0K $110.0K $310.0K $190.0K $20.00K $140.0K
YoY Change -100.0% -90.91% 0.0% -64.52% 63.16% 850.0% -85.71%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $110.0K $110.0K $310.0K $190.0K $20.00K $140.0K
Cost Of Revenue $0.00 $130.0K $70.00K $190.0K $130.0K $0.00 $150.0K
Gross Profit $10.00K -$10.00K $40.00K $120.0K $60.00K $20.00K -$10.00K
Gross Profit Margin 100.0% -9.09% 36.36% 38.71% 31.58% 100.0% -7.14%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Selling, General & Admin $5.658M $8.763M $4.689M $3.260M $1.610M $1.380M $70.00K $950.0K $2.020M $2.820M $1.670M $610.0K $40.00K
YoY Change -35.44% 86.89% 43.83% 102.48% 16.67% -92.63% -52.97% -28.37% 68.86% 173.77% 1425.0%
% of Gross Profit 700.0% 5050.0% 2350.0% 2783.33% 3050.0%
Research & Development $5.800M $11.49M $6.088M $2.380M $1.530M $3.090M $10.00K $30.00K $180.0K $270.0K $450.0K $170.0K $110.0K
YoY Change -49.54% 88.82% 155.78% 55.56% -50.49% -66.67% -83.33% -33.33% -40.0% 164.71% 54.55%
% of Gross Profit 100.0% 450.0% 225.0% 750.0% 850.0%
Depreciation & Amortization $220.00 $0.00 $791.0K $810.0K $810.0K $630.0K $0.00 $0.00 $240.0K $430.0K $420.0K $110.0K $0.00 $0.00
YoY Change -100.0% -2.35% 0.0% 28.57% -100.0% -44.19% 2.38% 281.82%
% of Gross Profit 0.0% 1075.0% 350.0% 183.33% 0.0%
Operating Expenses $11.46M $11.49M $11.57M $6.440M $3.940M $4.460M $1.800M $70.00K $970.0K $2.200M $3.080M $2.120M $790.0K $150.0K
YoY Change -0.32% -0.63% 79.61% 63.45% -11.66% 147.78% 2471.43% -92.78% -55.91% -28.57% 45.28% 168.35% 426.67%
Operating Profit -$11.46M -$27.53M -$12.13M -$60.00K -$980.0K -$2.160M -$2.960M -$2.060M -$770.0K -$160.0K
YoY Change -58.38% 126.85% -93.88% -54.63% -27.03% 43.69% 167.53% 381.25%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Interest Expense $335.5K $101.2K $11.63K -$280.0K -$30.00K -$140.0K -$50.00K -$250.0K -$230.0K -$320.0K -$110.0K -$170.0K -$170.0K $0.00
YoY Change 231.56% 770.16% -104.15% 833.33% -78.57% 180.0% -80.0% 8.7% -28.13% 190.91% -35.29% 0.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Pretax Income -$11.12M -$27.42M -$11.96M -$15.41M -$3.960M -$4.670M -$1.860M -$340.0K -$2.980M -$3.690M -$3.070M -$2.440M -$940.0K -$160.0K
YoY Change -59.45% 129.34% -22.4% 289.14% -15.2% 151.08% 447.06% -88.59% -19.24% 20.2% 25.82% 159.57% 487.5%
Income Tax $0.00 -$530.6K -$1.000M -$600.0K -$900.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.12M -$27.42M -$11.43M -$14.41M -$3.360M -$3.770M -$1.860M -$340.0K -$3.350M -$4.530M -$3.070M -$2.440M -$940.0K -$160.0K
YoY Change -59.45% 139.98% -20.7% 328.87% -10.88% 102.69% 447.06% -89.85% -26.05% 47.56% 25.82% 159.57% 487.5%
Net Earnings / Revenue -3400.0% -3045.45% -4118.18% -990.32% -1284.21% -4700.0% -114.29%
Basic Earnings Per Share -$8.48 -$1.70 -$0.75
Diluted Earnings Per Share -$8.48 -$1.70 -$745.9K -$1.921M -$607.6K -$707.3K -$399.1K -$216.6K -$2.134M -$3.567M -$4.264M -$2.652M -$1.022M -$173.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Cash & Short-Term Investments $4.706M $6.504M $16.50M $15.42M $690.0K $1.740M $2.850M $0.00 $0.00 $0.00 $190.0K $1.030M $2.790M $0.00
YoY Change -27.64% -60.58% 6.99% 2134.78% -60.34% -38.95% -100.0% -81.55% -63.08%
Cash & Equivalents $4.706M $6.504M $16.50M $15.42M $690.0K $1.740M $2.850M $0.00 $0.00 $0.00 $190.0K $1.030M $2.790M $0.00
Short-Term Investments
Other Short-Term Assets $926.3K $1.883M $1.759M $550.0K $320.0K $260.0K $40.00K $0.00 $100.0K $160.0K $80.00K $50.00K $0.00 $0.00
YoY Change -50.81% 7.04% 219.87% 71.88% 23.08% 550.0% -100.0% -37.5% 100.0% 60.0%
Inventory $0.00 $220.0K $230.0K $50.00K $0.00 $0.00
Prepaid Expenses
Receivables $0.00 $0.00 $20.00K $30.00K $10.00K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $5.633M $8.387M $18.33M $16.20M $1.010M $2.020M $2.950M $0.00 $100.0K $380.0K $510.0K $1.160M $2.800M $0.00
YoY Change -32.84% -54.24% 13.13% 1503.96% -50.0% -31.53% -100.0% -73.68% -25.49% -56.03% -58.57%
Property, Plant & Equipment $148.6K $227.6K $74.18K $160.0K $230.0K $20.00K $30.00K $0.00 $0.00 $360.0K $370.0K $320.0K $0.00 $20.00K
YoY Change -34.7% 206.81% -53.64% -30.43% 1050.0% -33.33% -100.0% -2.7% 15.63% -100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.540K $5.540K $5.540K $10.00K $10.00K $10.00K $10.00K $0.00 $110.0K
YoY Change 0.0% 0.0% -44.6% 0.0% 0.0% 0.0% -100.0%
Total Long-Term Assets $154.1K $233.1K $8.136M $9.010M $9.870M $10.46M $30.00K $0.00 $0.00 $2.170M $2.430M $2.720M $2.510M $20.00K
YoY Change -33.88% -97.13% -9.7% -8.71% -5.64% 34766.67% -100.0% -10.7% -10.66% 8.37% 12450.0%
Total Assets $5.787M $8.620M $26.46M $25.21M $10.88M $12.48M $2.980M $0.00 $100.0K $2.550M $2.940M $3.880M $5.310M $20.00K
YoY Change
Accounts Payable $311.6K $327.6K $218.9K $320.0K $80.00K $290.0K $50.00K $170.0K $160.0K $150.0K $80.00K $70.00K $0.00 $0.00
YoY Change -4.86% 49.63% -31.59% 300.0% -72.41% 480.0% -70.59% 6.25% 6.67% 87.5% 14.29%
Accrued Expenses $229.9K $482.0K $350.3K $310.0K $310.0K $120.0K $100.0K $240.0K $260.0K $100.0K $260.0K $120.0K $30.00K $0.00
YoY Change -52.29% 37.57% 13.01% 0.0% 158.33% 20.0% -58.33% -7.69% 160.0% -61.54% 116.67% 300.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $800.0K $230.0K $2.450M $230.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 247.83% -90.61% 965.22%
Long-Term Debt Due $0.00 $120.0K $1.380M $1.370M $80.00K $630.0K $530.0K $300.0K $0.00
YoY Change -100.0% 0.73% 1612.5% -87.3% 18.87% 76.67%
Total Short-Term Liabilities $730.6K $998.6K $971.0K $1.220M $1.190M $650.0K $2.600M $2.350M $2.080M $840.0K $1.120M $720.0K $330.0K $0.00
YoY Change -26.84% 2.84% -20.41% 2.52% 83.08% -75.0% 10.64% 12.98% 147.62% -25.0% 55.56% 118.18%
Long-Term Debt $0.00 $0.00 $0.00 $40.00K $0.00 $0.00 $0.00 $0.00 $0.00 $490.0K $150.0K $610.0K $2.200M $0.00
YoY Change -100.0% -100.0% 226.67% -75.41% -72.27%
Other Long-Term Liabilities $66.91K $150.6K $7.390K $480.0K $150.0K $0.00 $10.00K
YoY Change -55.56% 1937.21% -98.46% 220.0% -100.0%
Total Long-Term Liabilities $66.91K $150.6K $7.390K $520.0K $150.0K $0.00 $10.00K $0.00 $0.00 $490.0K $150.0K $610.0K $2.200M $0.00
YoY Change -55.56% 1937.21% -98.58% 246.67% -100.0% -100.0% 226.67% -75.41% -72.27%
Total Liabilities $797.5K $1.149M $978.4K $2.270M $2.870M $2.780M $2.610M $2.350M $2.080M $1.340M $1.270M $1.320M $2.530M $0.00
YoY Change -30.6% 17.45% -56.9% -20.91% 3.24% 6.51% 11.06% 12.98% 55.22% 5.51% -3.79% -47.83%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Basic Shares Outstanding 1.312M shares 16.11M shares 15.32M shares
Diluted Shares Outstanding 1.312M shares 805.5K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.3159 Million

About Processa Pharmaceuticals, Inc.

Processa Pharmaceuticals, Inc. engages in the discovery, development, and commercialization of drug products for the treatment of serious medical conditions. The company is headquartered in Hanover Maryland, Maryland and currently employs 13 full-time employees. The company went IPO on 2013-10-07. The firm is focused on utilizing its regulatory science approach, including the principles associated with food and drug administration (FDA’s) Project Optimus Oncology initiative and the related FDA Draft Guidance, in the development of Next Generation Chemotherapy (NGC) oncology drug products. The three NGC treatments in its pipeline are NGC-Capecitabine (NGC-Cap), PCS3117, also referred to as NGC-Gemcitabine (NGC-Gem) and PCS11T, also referred to as NGC-Irinotecan (NGC-Iri). NGC-Cap is a combination of PCS6422 and capecitabine, capecitabine being the oral prodrug of the cancer drug 5-fluorouracil. PCS3117 is an oral analog of gemcitabine that is converted to its active metabolite by a different enzyme system than gemcitabine, resulting in a positive response in gemcitabine patients and some gemcitabine treatment-resistant patients. PCS11T is a prodrug of the active metabolite of irinotecan (SN-38).

Industry: Pharmaceutical Preparations Peers: TALPHERA, INC. Elicio Therapeutics, Inc. Real Brands, Inc. Clever Leaves Holdings Inc. ELITE PHARMACEUTICALS INC /NV/ JOHNSON & JOHNSON Landos Biopharma, Inc. NutriBand Inc. REVIVA PHARMACEUTICALS HOLDINGS, INC.