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Companies / Healthcare / Cingulate Inc.
CING

Cingulate Inc.

HealthcarePharmaceutical Preparations
Ticker CINGKANSAS CITY, KSFiscal year ends DecemberBook value per share $2.04Diluted shares 11.5M

Cingulate Inc., trading under the ticker symbol CING on the Nasdaq Capital Market, is a biopharmaceutical company focused on developing next-generation pharmaceutical products utilizing its proprietary Precision Timed Release drug delivery platform technology. The company's website is located at www.cingulate.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-22.45M
−44.4% year over year
Last 12 mo $-29.04M
-894.81%
−686.3 percentage points
Last 12 mo -123.75%
Cash & financing
$-17.25M
+6.5% year over year
Last 12 mo $-20.65M
$-17.41M
+6.7% year over year
Last 12 mo $-20.94M
2.97
Was 0.67× a year earlier
Last 12 mo 0.22
5.1M
+231.5% year over year
Last 12 mo 11.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cingulate Inc. does

In the company’s own words

Cingulate Inc., trading under the ticker symbol CING on the Nasdaq Capital Market, is a biopharmaceutical company focused on developing next-generation pharmaceutical products utilizing its proprietary Precision Timed Release drug delivery platform technology. The company's website is located at www.cingulate.com.

The company operates as a clinical-stage biopharmaceutical enterprise with a pipeline of investigational drug candidates designed to address frequently diagnosed conditions characterized by burdensome daily dosing regimens and suboptimal treatment outcomes. Cingulate's primary focus is on attention deficit/hyperactivity disorder and anxiety disorders, with plans to expand into additional therapeutic areas including insomnia, pain management, Alzheimer's disease, and other neuropsychiatric conditions.

The company's lead candidate, CTx-1301, is a trimodal extended-release tablet containing dexmethylphenidate designed to provide once-daily dosing for ADHD treatment across pediatric, adolescent, and adult populations. CTx-1301 incorporates the company's proprietary Erosion Barrier Layer technology to enable precise drug release at specific time intervals, targeting a fast onset of action within thirty minutes and sustained efficacy throughout the active day. An NDA for CTx-1301 was submitted to the FDA in July 2025 with a PDUFA target action date of May 31, 2026. The company's second ADHD candidate, CTx-1302, contains dextroamphetamine and employs the same trimodal release technology. Additionally, Cingulate is developing CTx-2103, a once-daily buspirone formulation for anxiety treatment.

The company's PTR platform represents its core competitive advantage, enabling the development of single-tablet formulations that replace multiple daily doses with controlled, timed-release mechanisms. This technology addresses significant unmet medical needs by potentially reducing medication abuse and diversion, eliminating the need for afternoon booster doses, and improving patient compliance. Cingulate has established manufacturing partnerships with CoreRx Inc. and commercialization agreements with Indegene Inc. and IQVIA Inc. to support potential product launches. The company operates as a smaller reporting company and emerging growth company under SEC definitions.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
KANSAS CITY, KS
Fiscal year end
December
CIK
1862150
SIC
2834

Financial performance, year by year

Fiscal 2021–2025 · USD
$-30.39M$-26.34M$-22.29M$-18.24M$-14.20M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cingulate Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

11
funds hold it
0 of 35
superinvestors hold it
$3.64M
held by funds, at market
4.7%
of shares held by funds

Largest fund holders · Cingulate Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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