Dec. 1 at 12:56 PM
$SCYX Here is part #2:
The Calculation Breakdown
Here is the step-by-step math using Scynexis's official Q3 2025 filing and the announced GSK terms.
1. Total Pro Forma Cash (The "Pot of Gold")
We combine the cash they already have with the guaranteed cash coming from GSK.
* Cash on Hand (Sept 30, 2025):
$37.9 Million
(Includes cash, cash equivalents, and short-term investments)
* Incoming GSK Payment (Q4 2025):
$24.8 Million
(Includes the
$22M settlement + ~
$2.8M for wind-down costs)
* Total Pro Forma Cash:
$62.7 Million
2. The Share Count (The Divisor)
* Shares Outstanding: ~42.0 Million
(Specifically 41,956,724 shares as of Sept 30, 2025)
3. Value Per Share Scenarios
Scenario A: Gross Cash per Share
(This assumes the company is valued purely on its liquidity, ignoring liabilities.)