PCSA · Processa Pharmaceuticals, Inc.
$2.62
-0.25 (-8.71%)
At close · Jul 24
Going-concern doubt
— flagged May 7, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Absent additional funding, we believe that our cash and cash equivalents, along with our digital assets, will not be sufficient to fund our operations for a period of one year or more after the date that these consolidated financial statements are available to be issued based on the timing and amount of our projected net loss from continuing operations and cash to be used in operating activities during that period of time. As a result, substantial doubt exists about our ability to continue as a going concern within one year after the date that these consolidated financial statements are available to be issued.”View the 10-Q filed May 7, 2026
Market Cap
$7.15M
Shares
2.75M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 10
Total Value: $448,701
Total Shares: 177,706
Institutional Ownership Trend
2 quarters
Holder Concentration
Across 10 13F filers · Δ vs Dec 31, 2025Top Holder
39.8%
+13.6 pts
Top 5
98.0%
+10.0 pts
Top 10
100.0%
0.0 pts
HHI
2,830
Highly concentrated+1,018
Quarterly Activity
vs Dec 31, 2025
New
4
Increased
2
Decreased
2
Sold Out
4
Unchanged
2
Holder count:
0
Institutional value:
+35.3%
Shares held:
+54.3%
Top Buyers
vs Dec 31, 2025| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Small Stonepine Capital Management, LLC | +42,677 | 55,000 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | +9,585 | 24,908 |
Top Sellers
vs Dec 31, 2025| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mega UBS Group AG | −10,109 | 2,531 | |
| Mid Tower Research Capital LLC (TRC) | −472 | 918 |
Top New Positions
vs Dec 31, 2025| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Small Connective Capital Management, LLC | 70,736 | $178,608 | |
| Mega VANGUARD CAPITAL MANAGEMENT LLC | 12,729 | $32,140 | |
| Mega VANGUARD FIDUCIARY TRUST CO | 10,857 | $27,413 | |
| Mega CITIGROUP INC | 14 | $35 |
Top Sold-Out Positions
vs Dec 31, 2025| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mega JANE STREET GROUP, LLC | 30,190 | $86,947 | |
| Mega VANGUARD GROUP INC | 23,586 | $67,927 | |
| Large HRT FINANCIAL LP | 19,691 | $56,710 | |
| Mega BANK OF AMERICA CORP /DE/ | 18 | $50 |
| Holder | Value (USD) | % of 13F | Shares | Type | Discretion | Filed | Open | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Small Connective Capital Management, LLC | $178,608 | 39.81% | 70,736 | Shares | Sole | 2026-05-13 | ||||
| Small Stonepine Capital Management, LLC | $138,875 | 30.95% | 55,000 | Shares | Sole | 2026-05-14 | ||||
| Mega GEODE CAPITAL MANAGEMENT, LLC | $62,891 | 14.02% | 24,908 | Shares | Defined | 2026-05-15 | ||||
| Mega VANGUARD CAPITAL MANAGEMENT LLC | $32,140 | 7.16% | 12,729 | Shares | Defined | 2026-05-15 | ||||
| Mega VANGUARD FIDUCIARY TRUST CO Bank | $27,413 | 6.11% | 10,857 | Shares | Defined | 2026-05-08 | ||||
| Mega UBS Group AG | $6,390 | 1.42% | 2,531 | Shares | Defined | 2026-05-05 | ||||
| Mid Tower Research Capital LLC (TRC) | $2,317 | 0.52% | 918 | Shares | Defined | 2026-05-15 | ||||
| Mega CITIGROUP INC | $35 | 0.01% | 14 | Shares | Defined | 2026-05-11 | ||||
| Large JONES FINANCIAL COMPANIES LLLP | $17 | 0.00% | 7 | Shares | Sole | 2026-05-15 | ||||
| Mega WELLS FARGO & COMPANY/MN | $15 | 0.00% | 6 | Shares | Defined | 2026-05-11 | ||||
| No holders match your search. | ||||||||||