v3.26.1

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2026	Mar. 31, 2025
Cash flows from operating activities:
Net Loss	$ (987,036)	$ (2,260,022)
Less loss from discontinued operations		(1,060,481)
Operating Loss from continuing operations	(987,036)	(1,199,541)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of warrant liability		(10,632,000)
Warrant issuance costs		10,420,982
Employee stock-based compensation	120,319	80,038
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	(15,124)	(52,520)
Accounts payable	49,421	(211,614)
Accrued expenses	48,148	100,062
Net cash used in operating activities - continuing operations	(784,272)	(1,494,593)
Net cash used in operating activities - discontinued operations		(165,495)
Net cash used in operating activities	(784,272)	(1,660,088)
Cash flows from financing activities:
Proceeds from common stock and prefunded warrants, net		8,707,002
Net cash provided by financing activities - continuing operations		8,707,002
Net increase (decrease) in cash	(784,272)	7,046,914
Cash and cash equivalents, beginning of period	5,136,722	3,709,971
Cash and cash equivalents, end of period	4,352,450	10,756,885
Less: Cash and cash equivalents attributable to discontinued operations		(1,825,831)
Cash and cash equivalents, end of period - continuing operations	4,352,450	8,931,054
Noncash Items:
Noncash redemption of Series A Preferred Stock		338,521
Accrual of Series A Preferred Stock dividends	$ 232,822	275,167
Non-cash warrant issuance costs		18,924,000
Deemed dividend on Series A Preferred Warrants		8,355,824
Accrued equity issuance costs		$ 203,984

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Petros Pharmaceuticals, Inc. 10-Q