IVVDINVIVYD, INC.
Is Invivyd struggling financially?
Yes, by its own account. Invivyd 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
- $293.7M
- Source filing
- 10-Q 14 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
28+ mo
Runs out some time after Oct 2028, raising nothing.
Out of cashTwo years or more
The runway math
Cash and short-term investments
$160.1M
÷
Cash burned over the last 12 months
$58.3M
What Invivyd told the SEC
…qualified employees, and reliance on third-party organizations for the discovery, manufacturing, clinical and commercial success of its product candidates. Substantial Doubt about Ability to Continue as a Going Concern The accompanying condensed consolidated financial statements have been prepared on the basis of continuity of operations, realization of assets, and the satisfaction of liabilities and…
INVIVYD, 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
- 162.7% share-count increase The company issued stock. Each share now owns 61.9% less of the business than a year ago, before any change in the price.
- Cash burn is narrowing It is spending 74% less cash per year than it was, so the runway above is lengthening rather than shortening.
Other Biotech/Pharma companies that filed the doubt
- CBIO Crescent Biopharma $637.0M
- KYNB Kyntra Bio $30.4M
- EQ Equillium $146.5M
- QNCX Quince Therapeutics $34.5M
- ELAB PMGC Holdings $53.9M
- DERM Journey Medical $218.7M