Processa Pharmaceuticals, Inc.

Processa Pharmaceuticals, Inc.PCSAEarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

Processa Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company dedicated to developing innovative therapeutic solutions for patients with high unmet medical needs. Its core product pipeline targets rare diseases, gastrointestinal disorders, and dermatological conditions, with primary operational focus on the North American and European healthcare markets.

PCSA Q3 FY2023 Key Financial Metrics

Revenue

$0

Gross Profit

N/A

Operating Profit

$-2.2M

Net Profit

$-2.1M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

YoY Growth

N/A

EPS

$-1.54

Processa Pharmaceuticals, Inc. Q3 FY2023 Financial Summary

Processa Pharmaceuticals, Inc. reported revenue of $0 for Q3 FY2023, with a net profit of $-2.1M (up 65.4% YoY) (N/A margin).

Key Financial Metrics

Total Revenue$0
Net Profit$-2.1M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ3 FY2023

Processa Pharmaceuticals, Inc. Annual Revenue by Year

Processa Pharmaceuticals, Inc. annual revenue history includes year-by-year totals (for example, 2022 revenue was $0).

YearAnnual Revenue
2022$0vs 2021

Processa Pharmaceuticals, Inc. Quarterly Revenue & Net Profit History

Processa Pharmaceuticals, Inc. results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2023$0$-2.1MN/A
Q2 FY2023$0$-2.6MN/A
Q1 FY2023$0$-4.0MN/A
Q4 FY2022$0$-13.0MN/A
Q3 FY2022$0$-6.0MN/A
Q2 FY2022$0$-5.2MN/A
Q1 FY2022$0$-3.2MN/A

Income Statement

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023
Revenue$0$0$0$0$0$0$0
YoY GrowthN/AN/AN/AN/AN/AN/AN/A

Balance Sheet

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023
Assets$24.3M$21.7M$18.6M$8.6M$12.4M$10.1M$8.1M
Liabilities$1.1M$1.6M$1.4M$1.1M$2.3M$930741$914847
Equity$23.2M$20.1M$17.2M$7.5M$10.1M$9.2M$7.2M

Cash Flow

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023
Operating CF$-1.8M$-2.3M$-3.0M$-2.5M$-2.1M$-2.1M$-1.8M