Company: SXTPW
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-043779
Chunk: 0

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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ITEM 1. Consolidated Condensed Financial Statements

60 DEGREES PHARMACEUTICALS, INC.

CONSOLIDATED CONDENSED BALANCE SHEETS

    March 31, 2025  
    December 31, 

    (Unaudited)  
    2024 
  
    ASSETS: 

    Current Assets: 

    Cash and Cash Equivalents 
    $3,451,500  
    $1,659,353 
  
    Accounts Receivable 
     488,243  
     486,748 
  
    Prepaid and Other Assets 
     937,250  
     1,068,940 
  
    Short-Term Investments 
     -  
     1,728,472 
  
    Inventory (Note 3) 
     773,238  
     442,764 
  
    Total Current Assets 
     5,650,231  
     5,386,277 
  
    Property and Equipment, net (Note 4) 
     155,792  
     149,808 
  
    Other Assets: 

    Long-Term Prepaid Expense 
     22,059  
     66,176 
  
    Intangible Assets, net (Note 5) 
     149,785  
     157,084 
  
    Total Other Assets 
     171,844  
     223,260 
  
    Total Assets 
    $5,977,867  
    $5,759,345 
  
    LIABILITIES AND SHAREHOLDERS’ EQUITY: 

    Current Liabilities: 

    Accounts Payable and Accrued Expenses 
    $1,157,979  
    $1,007,618 
  
    SBA EIDL (including accrued interest) (Note 7) 
     8,772  
     8,772 
  
    Derivative Liabilities (Note 8) 
     635,725  
     640,830 
  
    Total Current Liabilities 
     1,802,476  
     1,657,220 
  
    Long-Term Liabilities: 

    SBA EIDL (including accrued interest) (Note 7) 
     146,502  
     147,119 
  
    Total Long-Term Liabilities