Home / Going-concern warnings / ACHIEVE LIFE SCIENCES, INC.

3/5ACHIEVE LIFE SCIENCES, INC. (ACHV): Going-concern doubt

Filed 2025-11-06 路 Form 10-Q 路 Accession 0001193125-25-268074 micro

Market data

Price before filing: $4.93 (2025-11-05 close, split/dividend-adjusted)
Market cap at flag: $252.5M (2025-11-06) 路 Latest: $596.6M (2026-10-16)

What happened next

WindowACHVSPYvs SPY
30 days-4.9%+0.9%-5.8%2025-12-08
90 days-14.6%+1.6%-16.2%2026-02-04
180 days-7.5%+7.4%-14.9%2026-05-05
1 yearpendingpendinguntil 2026-11-06

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"Substantial doubt exists as to our 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 2025-09-30)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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