AIMAIM IMMUNOTECH INC.
Is Aim Immunotech struggling financially?
Yes, by its own account. Aim Immunotech told the SEC on 15 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.
Going concern disclosed May 2026
15/100
Critical
- Sector
- Biotech/Pharma
- Market cap
- $7.9M
- Source filing
- 10-Q 15 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
-
4months
If the burn speeds up
Empty by Oct 2026
-
7months
If it eases off
Empty by Jan 2027
Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$9.9M
÷
Cash burned over the last 12 months
$21.0M
What Aim Immunotech told the SEC
…that the financial statements are issued, and (2) it is probable that the plans, when implemented, will mitigate the relevant conditions or events that raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. The Company’s principal source of liquidity is its cash and cash equivalents, marketable securities, and…
AIM IMMUNOTECH INC., Form 10-Q, filed 15 May 2026.
Read the filing on SEC.govWhat this means
- Not a bankruptcy filing, and not a prediction.
- It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
- The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.
What else the numbers show
- 1378.8% share-count increase The company issued stock. Each share now owns 93.2% less of the business than a year ago, before any change in the price.
Other Biotech/Pharma companies that filed the doubt
- RNAZ Transcode Therapeutics $48.6M
- SSII SS Innovations International $718.4M
- ADVB Advanced Biomed $13.4M
- BGLC BioNexus Gene Lab $4.7M
- PTN Palatin Technologies $17.2M
- VSTM Verastem $624.0M