Exicure FY2025 net loss $4.9M; cash $3.7M; warns cash insufficient for 12 months

EXICURE, INC.

Cash and cash equivalents $3.7M as of Dec 31 2025, down from $12.5M a year ago.
Net loss $4.9M for FY2025 vs $9.7M in FY2024; decrease due to $6.0M lease termination gain.
R&D expenses rose to $3.3M from $0 reflecting GPCR USA acquisition; G&A $6.8M vs $5.4M.
Company states existing cash may not be sufficient to fund operations for next 12 months.
Management engaged in cost reductions but limited; substantial additional financing required short term.

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