3/5KINETA, INC./DE (KANT): Going-concern doubt

Market data

n/a: no price data available for KANT.

Verified excerpt

"As of March 31, 2025, the Company had unrestricted cash of $ 304,000 , and there is substantial doubt about its ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-03-31)

Why this score: quarterly (unaudited) disclosure