Home / Going-concern warnings / EXICURE, INC.

5/5EXICURE, INC. (XCUR): Going-concern doubt

Filed 2026-03-25 路 Form 10-K 路 Accession 0001698530-26-000028 nano

Market data

Price before filing: $4.47 (2026-03-24 close, split/dividend-adjusted)
Market cap at flag: $29.4M (2026-03-25) 路 Latest: $7.1M (2026-10-16)

What happened next

WindowXCURSPYvs SPY
30 days-22.4%+9.3%-31.7%2026-04-24
90 days-38.9%+12.6%-51.5%2026-06-23
180 days-71.8%+19.0%-90.8%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.

Verified excerpt

"As a result, there is substantial doubt about 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-K (period 2025-12-31)

Why this score: also within 90 days: Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

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

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