{"schema_version":"secwatch.filing_event.v1","accession":"0001698530-25-000054","form_type":"8-K","ticker":"XCUR","cik":"0001698530","company_name":"EXICURE, INC.","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.381006+00:00","generated_at":"2026-05-18T16:08:01.098895+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Exicure reports Q1 net income of $3.0M on lease gain; warns cash insufficient for operations","bullets":["Cash and equivalents $10.4M (Dec 2024: $12.5M); net income $3.0M vs loss $0.8M YoY.","Net income driven by $6M gain from early Chicago lease termination; reversed lease liability.","R&D expense $0.8M (prior year $0) and G&A $2.2M ($1.3M) due to GPCR USA acquisition costs.","Going concern: existing cash not sufficient to fund operations; additional financing needed short-term.","Company engaged in cost cuts but limited ability to extend runway further."],"urls":{"canonical":"https://secwatch.observer/filing/0001698530-25-000054","json":"https://secwatch.observer/filing/0001698530-25-000054.json","markdown":"https://secwatch.observer/filing/0001698530-25-000054.md","text":"https://secwatch.observer/filing/0001698530-25-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698530/000169853025000054/0001698530-25-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698530/000169853025000054/xcur-20250627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T16:08:01.098895+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}