CING · Cingulate Inc.
$5.05
+0.11 (+2.23%)
At close · Aug 6
Going-concern doubt
— flagged May 14, 2026
Substantial doubt about the company's ability to continue as a going concern.
“The Company can give no assurance that its plans will be effectively implemented in such a way that they will sufficiently alleviate or mitigate the conditions and events noted above, which results in substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued.”View the 10-Q filed May 14, 2026
Market Cap
$67.04M
Shares
13.28M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Shane J. Schaffer | CEO | $1,896,525 |
| Jennifer L. Callahan | CFO | $968,917 |
| Laurie A. Myers | COO | $608,002 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Shane J. Schaffer | CEO | $770,327 |
| Laurie A. Myers | COO | $458,182 |
| Jennifer L. Callahan | CFO | $446,065 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Shane J. Schaffer | CEO | $629,571 |
| Laurie A. Myers | COO | $476,327 |
| Louis G. Van Horn | CFO | $458,655 |
| Craig S. Gilgallon | Executive Vice President, General Counsel and Secretary | $446,410 |
| Matthew N. Brams | Executive Vice President and Chief Medical Officer | $267,727 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Shane J. Schaffer | CEO | $583,191 |
| Laurie A. Myers | COO | $459,890 |
| Former EVP | GC and Secretary | $438,640 |
| Craig S. Gilgallon | Executive Vice President, General Counsel and Secretary | $438,640 |
| Louis G. Van Horn | CFO | $438,640 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Shane J. Schaffer | CEO | $1,398,799 |
| Laurie A. Myers | COO | $748,302 |
| Louis G. Van Horn | CFO | $728,302 |
| Craig S. Gilgallon | Executive Vice President, General Counsel and Secretary | $728,302 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Nilay Patel | Chief Legal Officer | Terminated | 2026-07-23 |
| Jeff Hargroves | chairman of the Nominating and Corporate Governance Committee of the Board | Appointed | 2026-07-14 |
| Zhanpeng "Frederick" Jiang | chairman of the Audit Committee of the Board | Appointed | 2026-07-14 |
| Jeff Hargroves | lead independent director of the Board | Appointed | 2026-07-14 |
| Shane Schaffer | chairman of the Board | Appointed | 2026-07-14 |
| Jeff Hargroves | Class II director | Appointed | 2026-05-19 |
| Jeff Hargroves | Class I director | Resigned | 2026-05-19 |
| Zhanpeng "Frederick" Jiang | member of the Board of Directors | Appointed | 2026-04-02 |
| Jeff Hargroves | member of the Board of Directors | Appointed | 2026-02-17 |
| Shane Schaffer | Chief Executive Officer | Appointed | 2025-12-15 |
| John A. Roberts | Executive Chairman of the Board | Appointed | 2025-08-28 |
| Jeff Ervin | Chairman of the Audit Committee | Appointed | 2025-08-15 |
| Jennifer Callahan | interim Chief Executive Officer | Appointed | 2025-08-15 |
| John A. Roberts | Executive Chairman of the Board | Appointed | 2025-08-15 |
| Laurie A. Myers | Executive Vice President and Chief Operating Officer | Terminated | 2025-08-08 |
| Peter J. Werth | Class I director | Appointed | 2025-06-11 |
| Bryan Lawrence | Class III director | Appointed | 2024-06-12 |
| Shane J. Schaffer | Class III director | Appointed | 2024-06-12 |
| John A. Roberts | Class II director | Appointed | 2024-02-13 |
| Jeffrey S. Ervin | Class II director | Appointed | 2024-02-13 |
| Bryan Lawrence | Class III director | Appointed | 2024-02-13 |