Pasithea Therapeutics (KTTA) Operating Expenses (2021 - 2026)
Pasithea Therapeutics recorded quarterly Operating Expenses of $4.9 million in Q1 2026, down 52.45% quarter-over-quarter from $10.3 million in Q4 2025, and up 32.49% year-over-year from $3.7 million in Q1 2025.
Pasithea Therapeutics' Operating Expenses history runs 6 years deep, the most recent figure standing at $4.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 32.49% year-over-year to $4.9 million; the TTM figure through Mar 2026 stood at $22.1 million (up 58.77% YoY), while the FY2025 annual figure was $20.9 million, up 46.37% from the prior year.
- Operating Expenses came in at $4.9 million for Q1 2026 at Pasithea Therapeutics, down from $10.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $10.3 million in Q4 2025 to a low of $2.6 million in Q3 2022.
- A 5-year average of $4.0 million and a median of $3.8 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 397.01% in 2022 and slumped 36.69% in 2024, its largest moves.
- Pasithea Therapeutics' Operating Expenses stood at $4.0 million in 2022, then climbed by 27.36% to $5.1 million in 2023, then plunged by 36.69% to $3.3 million in 2024, then soared by 214.65% to $10.3 million in 2025, then slumped by 52.45% to $4.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.9 million, $10.3 million, and $3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 1,216,509.61 Bn | 1,216,509.61 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 764,224.41 Bn | 764,224.38 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,716.00 Bn | 2,715.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,248.83 Bn | 2,248.77 Bn | - | - |
| 5 | Akari Therapeutics | 1,951.18 Bn | 1,951.17 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 113.69 Bn | 106.44 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 64.16 Bn | 64.14 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 63.94 Bn | 55.18 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 40.13 Bn | 37.12 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Pasithea Therapeutics | 17.41 Mn | 17.41 Mn | - | 4.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.88 Mn |
| Dec 31, 2025 | 10.26 Mn |
| Sep 30, 2025 | 3.11 Mn |
| Jun 30, 2025 | 3.81 Mn |
| Mar 31, 2025 | 3.68 Mn |
| Dec 31, 2024 | 3.26 Mn |
| Sep 30, 2024 | 3.00 Mn |
| Jun 30, 2024 | 3.95 Mn |
| Mar 31, 2024 | 4.04 Mn |
| Dec 31, 2023 | 5.15 Mn |
| Sep 30, 2023 | 3.79 Mn |
| Jun 30, 2023 | 3.83 Mn |
| Mar 31, 2023 | 3.21 Mn |
| Dec 31, 2022 | 4.04 Mn |
| Sep 30, 2022 | 2.58 Mn |
| Jun 30, 2022 | 2.61 Mn |
| Mar 31, 2022 | 2.73 Mn |
| Dec 31, 2021 | 1.95 Mn |
| Sep 30, 2021 | 1.27 Mn |
| Jun 30, 2021 | 727,947.00 |
| Mar 31, 2021 | 549,609.00 |