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Processa Pharmaceuticals, Inc. (PCSA) Fundamental Analysis & AI Grade 2026

PCSA Nasdaq Pharmaceutical Preparations DE CIK: 0001533743
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
95% Confidence
N/A
D
95% Conf
Pending
Analysis scheduled

📊 PCSA Key Takeaways

Revenue: $0.0
Net Margin: N/A
Free Cash Flow: $-3.6M
Current Ratio: 0.98x
Debt/Equity: 0.01x
EPS: $-1.29
AI Grade: D with 95% confidence
Processa Pharmaceuticals, Inc. (PCSA) receives a D fundamental grade with 95% confidence from our AI analysis based on SEC 10-K filings. With revenue of $0, and return on equity (ROE) of -132.9%, Processa Pharmaceuticals, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete PCSA stock analysis for 2026.

Is Processa Pharmaceuticals, Inc. (PCSA) a Good Investment?

Claude

Processa Pharmaceuticals is a pre-revenue development-stage pharmaceutical company with unsustainable cash burn of $3.6M annually against only $1.7M in cash reserves, indicating less than 6 months of operational runway. With zero revenue generation, $3.3M operating losses, negative ROE (-132.9%) and severe liquidity stress (current ratio 0.98x), the company faces existential risk without successful capital raises or near-term product commercialization.

Processa Pharmaceuticals, Inc. Key Strengths (PCSA)

Claude
  • + Minimal debt burden with only $27.5K long-term debt and 0.01x debt-to-equity ratio provides clean balance sheet
  • + Low capital expenditure requirements ($3.2K) typical of pharmaceutical development-stage companies preserve cash
  • + Maintains $1.7M in cash reserves for ongoing operations and R&D activities

PCSA Stock Risks: Processa Pharmaceuticals, Inc. Investment Risks

Claude
  • ! Zero revenue with $3.3M annual operating losses creates unsustainable burn profile
  • ! Operating cash flow of -$3.6M exceeds total cash position, indicating critical liquidity crisis with <6 months runway
  • ! Current ratio of 0.98x signals liquidity stress with current liabilities exceeding current assets
  • ! Negative ROE (-132.9%) and ROA (-74.7%) demonstrate severe shareholder value destruction
  • ! No disclosed revenue-generating products or clear commercialization timeline
  • ! Dependency on capital markets access, clinical trial success, and partnership deals for survival

Key Metrics to Watch

Claude
  • * Monthly cash burn rate relative to remaining cash position and time to funding requirement
  • * Clinical trial progress, regulatory filings, and FDA pipeline advancement
  • * Revenue milestones and product commercialization announcements
  • * Capital raise announcements and cash position extensions
  • * Strategic partnerships, licensing deals, or acquisition interest

Processa Pharmaceuticals, Inc. (PCSA) Financial Metrics & Key Ratios

Revenue
$0.0
Net Income
$-3.4M
EPS (Diluted)
$-1.29
Free Cash Flow
$-3.6M
Total Assets
$4.5M
Cash Position
$1.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

PCSA Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -132.9%
ROA -74.7%
FCF Margin N/A

PCSA vs Healthcare Sector: How Processa Pharmaceuticals, Inc. Compares

How Processa Pharmaceuticals, Inc. compares to Healthcare sector averages

Net Margin
PCSA 0.0%
vs
Sector Avg 12.0%
PCSA Sector
ROE
PCSA -132.9%
vs
Sector Avg 15.0%
PCSA Sector
Current Ratio
PCSA 1.0x
vs
Sector Avg 2.0x
PCSA Sector
Debt/Equity
PCSA 0.0x
vs
Sector Avg 0.6x
PCSA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Processa Pharmaceuticals, Inc. Stock Overvalued? PCSA Valuation Analysis 2026

Based on fundamental analysis, Processa Pharmaceuticals, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-132.9%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Processa Pharmaceuticals, Inc. Balance Sheet: PCSA Debt, Cash & Liquidity

Current Ratio
0.98x
Quick Ratio
0.91x
Debt/Equity
0.01x
Debt/Assets
43.8%
Interest Coverage
-9,202.25x
Long-term Debt
$27.5K

PCSA Revenue & Earnings Growth: 5-Year Financial Trend

PCSA 5-year financial data: Year 2021: Revenue $0, Net Income -$14.4M, EPS N/A. Year 2022: Revenue $0, Net Income -$11.4M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Processa Pharmaceuticals, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-96.78 indicates the company is currently unprofitable.

PCSA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

PCSA Quarterly Earnings & Performance

Quarterly financial performance data for Processa Pharmaceuticals, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2023 N/A -$2.1M $-0.08
Q2 2023 N/A -$2.6M $-0.10
Q1 2023 N/A -$3.2M $-0.18
Q3 2022 N/A -$2.1M $-0.19
Q2 2022 N/A -$2.1M $-0.20
Q1 2022 N/A -$2.1M $-0.14
Q3 2021 N/A -$733.4K N/A
Q2 2021 N/A -$733.4K N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Processa Pharmaceuticals, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$3.6M
Cash generated from operations
Stock Buybacks
$300.0K
Shares repurchased (TTM)
Capital Expenditures
$3.2K
Investment in assets
Dividends Paid
$42.9K
Returned to shareholders

PCSA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Processa Pharmaceuticals, Inc. (CIK: 0001533743)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 4 xslF345X06/form4.xml View →
Jun 1, 2026 4 xslF345X06/form4.xml View →
Jun 1, 2026 4 xslF345X06/form4.xml View →
Jun 1, 2026 4 xslF345X06/form4.xml View →
Jun 1, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about PCSA

What is the AI rating for PCSA?

Processa Pharmaceuticals, Inc. (PCSA) has an AI grade of D with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PCSA's key strengths?

Claude: Minimal debt burden with only $27.5K long-term debt and 0.01x debt-to-equity ratio provides clean balance sheet. Low capital expenditure requirements ($3.2K) typical of pharmaceutical development-stage companies preserve cash.

What are the risks of investing in PCSA?

Claude: Zero revenue with $3.3M annual operating losses creates unsustainable burn profile. Operating cash flow of -$3.6M exceeds total cash position, indicating critical liquidity crisis with <6 months runway.

What is PCSA's revenue and growth?

Processa Pharmaceuticals, Inc. reported revenue of $0.0.

Does PCSA pay dividends?

Processa Pharmaceuticals, Inc. pays dividends, with $0.0M distributed to shareholders in the trailing twelve months.

Where can I find PCSA SEC filings?

Official SEC filings for Processa Pharmaceuticals, Inc. (CIK: 0001533743) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PCSA's EPS?

Processa Pharmaceuticals, Inc. has a diluted EPS of $-1.29.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PCSA's fundamental grade?

Based on our AI fundamental analysis in June 2026, Processa Pharmaceuticals, Inc. has a D grade with 95% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PCSA stock overvalued or undervalued?

Valuation metrics for PCSA: ROE of -132.9% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is PCSA's AI grade for 2026?

Our dual AI analysis gives Processa Pharmaceuticals, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PCSA's free cash flow?

Processa Pharmaceuticals, Inc.'s operating cash flow is $-3.6M, with capital expenditures of $3.2K.

How does PCSA compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin N/A (avg: 12%), ROE -132.9% (avg: 15%), current ratio 0.98 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI