Processa Pharmaceuticals Inc (OQ:PCSA)

Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEC
Company Contact
Address: 7380 Coca Cola Dr Ste 106
HANOVER MD 21076-1789
Tel: N/A
Website: N/A
Key People
David Young
Chairman of the Board, Chief Executive Officer, Founder
Wendy Guy
Founder, Chief Administrative Officer
Sian Bigora
Chief Development Officer, Founder
James H. Stanker
Chief Financial Officer
R. Michael Floyd
Chief Operating Officer
Business Overview
Processa Pharmaceuticals, Inc., formerly Heatwurx, Inc., is a pharmaceutical company. The Company is focused on the development of drug products that are intended to improve the survival and/or quality of life for patients who have unmet medical need. The Company's product portfolio includes 499. It is developing 499 for the treatment of Necrobiosis Lipoidica. It is also developing 499 for the treatment of effects related to head and neck cancer.
Financial Overview
For the nine months ended 30 September 2020,Processa Pharmaceuticals Inc revenues was not reported. Netloss increased 81% to $4.7M. Higher net loss reflectsInterest Income decrease of 92% to $1K (income). BasicEarnings per Share excluding Extraordinary Items decreasedfrom -$0.47 to -$0.84.
Employees: 13 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $58.35M as of Sep 30, 2020
Annual revenue (TTM): $0.00M as of Sep 30, 2020
EBITDA (TTM): -$2.85M as of Sep 30, 2020
Net annual income (TTM): -$5.96M as of Sep 30, 2020
Free cash flow (TTM): -$1.48M as of Sep 30, 2020
Net Debt Last Fiscal Year: $1.30M as of Sep 30, 2020
Shares outstanding: 10,565,566 as of Oct 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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