DAREDARE BIOSCIENCE, INC.
Is Dare Bioscience struggling financially?
Yes, by its own account. Dare Bioscience told the SEC on 14 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
30/100
Fragile
- Sector
- Biotech/Pharma
- Market cap
- $19.2M
- Source filing
- 10-Q 14 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
-
12months
If the burn speeds up
Empty by Jun 2027
-
17months
If it eases off
Empty by Nov 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
$12.6M
÷
Cash burned over the last 12 months
$10.3M
What Dare Bioscience told the SEC
…sufficient revenues to finance its operations or achieve profitability. Based on the Company’s current analysis of the conditions described above, there is substantial doubt about the Company's ability to continue as a going concern within the 12 month period from the issuance date of the accompanying condensed consolidated financial statements given that the timing and amount of potential revenue the Company may…
DARE BIOSCIENCE, INC., Form 10-Q, filed 14 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
- 66.8% share-count increase The company issued stock. Each share now owns 40.1% less of the business than a year ago, before any change in the price.
Other Biotech/Pharma companies that filed the doubt
- COCH Envoy Medical $57.9M
- RNTX Rein Therapeutics $70.6M
- CLPT ClearPoint Neuro $469.5M
- SER Serina Therapeutics $72.9M
- NRXS Neuraxis $77.2M
- SNOA Sonoma Pharmaceuticals $6.4M