Company: SXTPW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003343
Chunk: 1595

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7
Chunk 1595
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. The Company is not required to have, nor were we engaged
to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding
of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s
internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to
assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that
respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial
statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well
as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

  /s/ RBSM LLP       PCAOB ID Number 587   We have served as the Company’s auditor since 2022.      Las Vegas, Nevada      March 27, 2025  

F-2

60
DEGREES PHARMACEUTICALS, INC.

CONSOLIDATED BALANCE
SHEETS

    December 31,  
    December 31, 

    2024  
    2023 
  
    ASSETS: 

    Current Assets: 

    Cash and Cash Equivalents 
    $1,659,353  
    $2,142,485 
  
    Accounts Receivable 
     486,748  
     231,332 
  
    Prepaid and Other Assets 
     1,068,940  
     4,402,602 
  
    Short-Term Investments 
     1,728,472  
     - 
  
    Inventory (Note 3) 
     442,764  
     466,169 
  
    Total Current Assets 
     5,386,277  
     7,242,588 
  
    Property and Equipment, net (Note 4) 
     149,808  
     57,761 
  
    Other Assets: 

    Right of Use Asset (Note 11) 
     -  
     13,517 
  
    Long-Term Prepaid Expense 
     66,176  
     242,647 
  
    Intangible Assets,