---
schema_version: "secwatch.filing_event.v1"
accession: "0001698530-24-000029"
form_type: "8-K"
ticker: "XCUR"
cik: "0001698530"
company_name: "EXICURE, INC."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:26:01.991242+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Exicure cash drops to $0.2M; warns going concern, needs funding imminently

## Summary
- Cash and equivalents fell from $8.6M (Dec 31, 2022) to $0.9M (Sep 30, 2023); further to ~$0.2M by Apr 30, 2024.
- Net loss Q3 2023 was $5.3M, roughly flat vs $5.2M a year ago; R&D expense fell to $0 after halting all programs.
- Company states cash insufficient to fund operations; substantial additional financing needed in very near term.
- No revenue or pipeline activity; exploring strategic alternatives to maximize stockholder value.
- Going-concern warning: management believes existing cash cannot sustain operations without immediate funding.

## SEC filing metadata
- accession: 0001698530-24-000029
- form_type: 8-K
- ticker: XCUR
- cik: 0001698530
- company_name: EXICURE, INC.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000029/0001698530-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000029/xcur-20240516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-24-000029
- JSON: https://secwatch.observer/filing/0001698530-24-000029.json
- Plain text: https://secwatch.observer/filing/0001698530-24-000029.txt

## Key facts
- Earnings Releases
  EXICURE, INC. reported third quarter 2023 results: net income Net loss of $5.3 million.
  - Period: third quarter 2023
  - Net income: Net loss of $5.3 million
  - Result: reported results
  source text: Exicure, Inc. Reports Third Quarter 2023 Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000029/0001698530-24-000029-index.htm

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