SHPHSHUTTLE PHARMACEUTICALS HOLDINGS, INC.
Is Shuttle Pharmaceuticals Holdings struggling financially?
Yes, by its own account. Shuttle Pharmaceuticals Holdings told the SEC on 15 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.
Going concern disclosed May 2026
15/100
Critical
- Sector
- Biotech/Pharma
- Market cap
- $3.9M
- Source filing
- 10-Q 15 May 2026
- Balance sheet
- 31 Mar 2026
Cash runway
-
0months
If the burn speeds up
Empty by Mar 2026
-
1month
If it eases off
Empty by May 2026
Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$1.1M
÷
Cash burned over the last 12 months
$17.8M
What Shuttle Pharmaceuticals Holdings told the SEC
…and contingent payments due under the APA, and commercialize and market the Molecule.ai platform in order to generate revenues. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the consolidated financial statements are issued. The accompanying unaudited condensed consolidated financial statements do not include any…
SHUTTLE PHARMACEUTICALS HOLDINGS, INC., Form 10-Q, filed 15 May 2026.
Read the filing on SEC.govWhat this means
- Not a bankruptcy filing, and not a prediction.
- It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
- The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.
Other Biotech/Pharma companies that filed the doubt
- VSEE VSee Health Missing
- ALZN Alzamend Neuro $7.5M
- HCWB HCW Biologics $4.0M
- MTNB Matinas Biopharma Holdings $2.9M
- JSPR Jasper Therapeutics $23.8M
- SXTP 60 Degrees Pharmaceuticals $4.0M