NEONC TECHNOLOGIES HOLDINGS, INC. Files Q2 2025 10-Q

TL;DR

NEONC TECHNOLOGIES HOLDINGS, INC. filed its Q2 2025 10-Q on Aug 18, 2025. Financials are in.

AI Summary

NEONC TECHNOLOGIES HOLDINGS, INC. filed its 10-Q for the period ending June 30, 2025. The company, operating in pharmaceutical preparations, reported its financial status as of August 18, 2025. Key financial data points and business addresses were included in the filing.

Why It Matters

This filing provides investors and stakeholders with the latest financial performance and operational details for NEONC TECHNOLOGIES HOLDINGS, INC. during the second quarter of 2025.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing standard financial information.

Key Numbers

• Q2 2025 — Reporting Period (The financial period covered by the 10-Q filing.)
• 20250818 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• NEONC TECHNOLOGIES HOLDINGS, INC. (company) — Filer of the 10-Q
• 20250630 (date) — End of the reporting period
• 20250818 (date) — Filing date
• 2834 (industry_code) — Standard Industrial Classification for Pharmaceutical Preparations
• 03 Life Sciences (company) — Organization name associated with the filer
• DE (state) — State of incorporation
• 23975 PARK SORRENTO (address) — Business and mailing street address
• CALABASAS (city) — Business and mailing city
• 91302 (zip_code) — Business and mailing zip code
• 310 663 7831 (phone_number) — Business phone number

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common stock, $0.0001 par value per share NTHI Nasdaq Glo

Filing Documents

• neonctechnologies_10q.htm (10-Q) — 823KB
• neonctechnologies_ex31-1.htm (EX-31.1) — 14KB
• neonctechnologies_ex31-2.htm (EX-31.2) — 14KB
• neonctechnologies_ex32-1.htm (EX-32.1) — 7KB
• neonctechnologies_ex32-2.htm (EX-32.2) — 7KB
• 0001829126-25-006431.txt ( ) — 4312KB
• nthi-20250630.xsd (EX-101.SCH) — 39KB
• nthi-20250630_cal.xml (EX-101.CAL) — 39KB
• nthi-20250630_def.xml (EX-101.DEF) — 125KB
• nthi-20250630_lab.xml (EX-101.LAB) — 262KB
• nthi-20250630_pre.xml (EX-101.PRE) — 219KB
• neonctechnologies_10q_htm.xml (XML) — 611KB

- Financial Information

Part I - Financial Information 1

Financial Statements

Item 1. Financial Statements 1 Condensed Consolidated Balance Sheet (Unaudited) 1 Condensed Consolidated Statement of Operations (Unaudited) 2 Condensed Consolidated Statement of Stockholders' Deficit (Unaudited) 3 Condensed Consolidated Statement of Cash Flows (Unaudited) 4 Notes to Condensed Consolidated Financial Statements (Unaudited) 5

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 21

Quantitative and Qualitative Disclosures About Market Risk

Item 3. Quantitative and Qualitative Disclosures About Market Risk 32

Controls and Procedures

Item 4. Controls and Procedures 32

- Other Information

Part II - Other Information 34

Legal Proceedings

Item 1. Legal Proceedings 34

Risk Factors

Item 1A. Risk Factors 35

Unregistered Sales of Equity Securities

Item 2. Unregistered Sales of Equity Securities 35

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 36

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 36

Other Information

Item 5. Other Information 36

Exhibit Index

Item 6. Exhibit Index 37

Signatures

Signatures 38 ii

- FINANCIAL INFORMATION

PART I - FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements NEONC TECHNOLOGIES HOLDINGS, INC. Condensed Consolidated Balance Sheets June 30, 2025 December 31, 2024 (Unaudited) Assets Current Assets Cash and cash equivalents $ 125,039 $ 64,893 Deferred offering costs current 96,880 1,071,947 Debt issuance costs current 671,804 671,804 Prepaid expenses and other 760,219 410,085 Total Current Assets 1,653,942 2,218,729 Non-Current Assets Debt issuance costs net of current portion 862,609 1,198,512 Deferred offering costs net of current portion 26,642 - Right of use asset operating lease 397,817 - Other assets 47,177 - Total Assets $ 2,988,187 $ 3,417,241 Liabilities and Shareholders' Deficit Current Liabilities Accounts payable $ 3,073,635 $ 2,917,801 Accounts payable - related parties 499,225 628,277 Accrued advisory fee related party 5,882,710 - Litigation settlement payable 4,697,500 4,641,250 Accrued compensation 255,099 734,874 Lease liability, current 68,633 - Total Current Liabilities 14,476,802 8,922,202 Long Term Liabilities Lease liability, net of current portion 326,879 - Total Liabilities 14,803,681 8,922,202 Commitments and contingencies Shareholders' Deficit: Preferred stock, $ 0.0001 par value, 10,000,000 shares authorized; no shares were issued and outstanding as of June 30, 2025 and December 31, 2024 - - Common stock, $ 0.0001 par value, 100,000,000 shares authorized; 19,026,776 and 18,090,526 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 1,903 1,809 Additional paid in capital 76,797,234 45,101,675 Accumulated deficit ( 88,614,631 ) ( 50,608,445 ) Total Shareholders' Deficit ( 11,815,494 ) ( 5,504,961 ) Total Liabilities and Shareholders' Deficit $ 2,988,187 $ 3,417,241 See accompanying notes to the condensed consolidated financial statements. 1 NEONC TEC

financial statements for the three months ended March 31, 2025

financial statements for the three months ended March 31, 2025 (b) Also restated as presented in Note 7 to the condensed consolidated

financial statements for the three months ended March 31, 2025

financial statements for the three months ended March 31, 2025 (c) Also restated as presented in Note 8 to the condensed consolidated

financial statements for the three months ended March 31, 2025

financial statements for the three months ended March 31, 2025 6 Note 3 – Basis of Presentation and Summary of Significant Accounting Policies Basis of presentation The unaudited condensed consolidated financial statements contained herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the "SEC"). Certain information and note disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to SEC rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. Accordingly, the condensed consolidated financial statements reflect all normal recurring adjustments, which are, in the opinion of management, necessary for a fair presentation of the results of interim periods and may not include all disclosures required by accounting principles generally accepted in the United States ("GAAP"). The information as of June 30, 2025, and for the three and six months ended June 30, 2025, is unaudited, whereas the consolidated balance sheet as of December 31, 2024, is derived from the Company's audited condensed consolidated financial statements as of that date. These condensed consolidated financial statements and notes hereto should be read in conjunction with the consolidated financial statements and notes thereto included in the audited financial statements for the year ended December 31, 2024, included on Form S-1, filed with the SEC on February 26, 2025. The results of operations for the interim periods presented are not necessarily indicative of results to be expected for any other interim period or for the year. Principles of consolidation The accompanying condensed consolidated financial statements and related notes to the condensed consolidated financial statements include the accounts of the Company and its wholly owned

View Full Filing

View this 10-Q filing on SEC EDGAR