---
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"
generated_at: "2026-05-18T16:08:01.098895+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Exicure reports Q1 net income of $3.0M on lease gain; warns cash insufficient for operations

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-25-000054
- JSON: https://secwatch.observer/filing/0001698530-25-000054.json
- Plain text: https://secwatch.observer/filing/0001698530-25-000054.txt

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