Cingulate Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Operating income | -$19.9M | -$15.6M | -$22.8M | -$17.5M | -$20.7M |
| Cash from operations | -$17.2M | -$18.5M | -$15.0M | -$15.9M | -$10.4M |
| Capital expenditure | $162,138 | $211,800 | $224,096 | $153,420 | $814,736 |
| Free cash flow | -$17.4M | -$18.7M | -$15.3M | -$16.0M | -$11.2M |
| Impairments | — | — | — | $0 | $0 |
| Total assets | $15.1M | $14.9M | $3.5M | $11.4M | $22.9M |
| Total liabilities | $12.6M | $7.4M | $10.4M | $7.5M | $2.0M |
Shares outstanding 13.3M · Free float 67.3%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.