Home / Going-concern warnings / ImmunityBio, Inc.

3/5ImmunityBio, Inc. (IBRX): Going-concern doubt

Filed 2025-11-05 路 Form 10-Q 路 Accession 0001326110-25-000139 mid

Market data

Price before filing: $2.08 (2025-11-04 close, split/dividend-adjusted)
Market cap at flag: $2.13B (2025-11-05) 路 Latest: $9.64B (2026-10-16)

What happened next

WindowIBRXSPYvs SPY
30 days+10.1%+1.5%+8.5%2025-12-05
90 days+204.3%+2.4%+201.9%2026-02-03
180 days+257.2%+6.9%+250.3%2026-05-04
1 yearpendingpendinguntil 2026-11-05

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

"As a result of continuing anticipated operating cash outflows as we commercialize our approved product and accelerate our development efforts, we believe that substantial doubt exists regarding our ability to continue as a going concern without additional funding or financial support."

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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