Exicure Q2 2024 net loss $0.6M; cash only $0.5M, warns of insufficient funding and going concern

EXICURE, INC.

2024-Q2 EPS reported -$0.17 revenue$500,000

Cash and cash equivalents $0.5M at June 30, 2024, down from $0.8M at Dec 31, 2023.
Net loss improved to $0.6M from $5.8M in Q2 2023, driven by cost cutting and $0.6M other income from product sample sales.
Management states cash insufficient to fund operations; substantial additional financing needed in the very near term.
Company halted all R&D in Sept 2022 and continues exploring strategic alternatives to maximize stockholder value.

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