---
schema_version: "secwatch.filing_event.v1"
accession: "0001698530-23-000089"
form_type: "8-K"
ticker: "XCUR"
cik: "0001698530"
company_name: "EXICURE, INC."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:45:57.836883+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.88
calibrated_materiality_score: 0.88
confidence: "high"
source: SEC EDGAR
---

# Exicure reports Q2 net loss $5.8M; cash down to $3.5M; going concern warning

## Summary
- Cash and equivalents $3.5M at June 30, 2023, down from $9.8M at Dec 31, 2022.
- Net loss $5.8M for Q2 2023 vs $7.5M in Q2 2022; R&D spend fell to $0.9M.
- Company halted R&D, exploring strategic alternatives; expects to fund ops only into Q4 2023.
- Entered two $1M convertible-bond subscriptions with Cyworld Z (4.5% yield, due May 2026).
- Management warns substantial additional financing needed within months; no assurance available.

## SEC filing metadata
- accession: 0001698530-23-000089
- form_type: 8-K
- ticker: XCUR
- cik: 0001698530
- company_name: EXICURE, INC.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.88
- calibrated_materiality_score: 0.88
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698530/000169853023000089/0001698530-23-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698530/000169853023000089/xcur-20230811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-23-000089
- JSON: https://secwatch.observer/filing/0001698530-23-000089.json
- Plain text: https://secwatch.observer/filing/0001698530-23-000089.txt

## Key facts
- Earnings Releases
  EXICURE, INC. reported the quarter ended June 30, 2023 results: net income $5.8 million.
  - Period: the quarter ended June 30, 2023
  - Net income: $5.8 million
  - Result: reported results
  source text: The Company had a net loss of $5.8 million for the quarter ended June 30, 2023, as compared to a net loss of $7.5 million for the quarter ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853023000089/0001698530-23-000089-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.