---
schema_version: "secwatch.filing_event.v1"
accession: "0001698530-25-000076"
form_type: "8-K"
ticker: "XCUR"
cik: "0001698530"
company_name: "EXICURE, INC."
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:40:34.565196+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Exicure reports Q2 net loss of $2.6M; warns going concern, needs financing

## Summary
- Cash and equivalents fell to $7.9M at June 30, 2025, from $12.5M at Dec 31, 2024.
- Net loss widened to $2.6M for Q2 2025 vs $0.6M in Q2 2024, driven by GPCR USA acquisition costs.
- R&D expense rose to $0.9M from $0 in prior-year quarter; G&A expense increased to $1.5M.
- Management states existing cash insufficient to fund operations; substantial additional financing needed short-term.

## SEC filing metadata
- accession: 0001698530-25-000076
- form_type: 8-K
- ticker: XCUR
- cik: 0001698530
- company_name: EXICURE, INC.
- filed_at: 2025-08-08T23:59:59+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/1698530/000169853025000076/0001698530-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698530/000169853025000076/xcur-20250808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-25-000076
- JSON: https://secwatch.observer/filing/0001698530-25-000076.json
- Plain text: https://secwatch.observer/filing/0001698530-25-000076.txt

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