Home / Going-concern warnings / TALPHERA, INC.
Filed 2026-03-23 路 Form 10-K 路 Accession 0001437749-26-009387 nano
Price before filing: $0.8329 (2026-03-20 close, split/dividend-adjusted)
Market cap at flag: $34.0M (2026-03-23) 路 Latest: $81.6M (2026-10-16)
| Window | TLPH | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -5.6% | +9.7% | -15.3% | 2026-04-22 |
| 90 days | +17.9% | +15.1% | +2.9% | 2026-06-22 |
| 180 days | +40.5% | +19.9% | +20.6% | 2026-09-21 |
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.
"These matters raise substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
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: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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