JUNSJUPITER NEUROSCIENCES, INC.
Is Jupiter Neurosciences struggling financially?
Yes, by its own account. Jupiter Neurosciences 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
25/100
Fragile
- Sector
- Biotech/Pharma
- Market cap
- $4.8M
- Source filing
- 10-Q 14 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
Not estimable
The latest filings do not carry the cash or cash-flow lines needed to estimate a runway. Publishing a number here would mean inventing one.
What it reported
Cash burned over the last 12 months
$10.6M
What Jupiter Neurosciences told the SEC
…since our inception, and expect to continue to incur significant net losses for the foreseeable future; Our management has concluded that factors raise substantial doubt about our ability to continue as a going concern and our auditor has included an explanatory paragraph relating to our ability to continue as a going concern in its audit report; We will require substantial additional capital to…
JUPITER NEUROSCIENCES, 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
- Cash burn is increasing It is spending 54% more cash per year than it was, so the runway above shortens even if nothing else changes.
- Debt pressure is material Operating earnings cover only -24.3x the interest bill, so the interest is being met out of cash reserves rather than out of the business.
Other Biotech/Pharma companies that filed the doubt
- ENVB Enveric Biosciences $6.4M
- ICU SeaStar Medical Holding $14.8M
- IVF INVO Fertility $2.7M
- LABT Lakewood-Amedex Biotherapeutics $5.3M
- MCRB Seres Therapeutics $45.8M
- MLSS Milestone Scientific $42.7M