MNPRMonopar Therapeutics Inc.
Is Monopar Therapeutics struggling financially?
Yes, by its own account. Monopar Therapeutics 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
- $723.0M
- Source filing
- 10-Q 14 May 2026
- Balance sheet
- 30 Jun 2026
Cash runway
-
24months
If the burn speeds up
Empty by Jun 2028
-
33months
If it eases off
Empty by Mar 2029
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
$52.8M
÷
Cash burned over the last 12 months
$22.4M
What Monopar Therapeutics told the SEC
…the date on which the financial statements are available to be issued, when applicable). Further, a company must provide certain disclosures if there is “substantial doubt about the entity’s ability to continue as a going concern.” In March 2026, the Company analyzed its cash requirements through December 31, 2027, and has determined that, based upon the Company’s current available cash and cash equivalents,…
Monopar Therapeutics 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
- 22.1% share-count increase The company issued stock. Each share now owns 18.1% less of the business than a year ago, before any change in the price.
- Cash burn is increasing It is spending 19% more cash per year than it was, so the runway above shortens even if nothing else changes.
Other Biotech/Pharma companies that filed the doubt
- APRE Aprea Therapeutics $8.1M
- NXTS Nexentis Technologies $2.6M
- XFOR X4 Pharmaceuticals $400.6M
- CBIO Crescent Biopharma $637.0M
- KYNB Kyntra Bio $30.4M
- EQ Equillium $146.5M